Global Drone Sensor Market, By Sensor Type (Inertial Sensor, Image Sensor, Speed and Distance Sensor, Position Sensor, Pressure Sensor, Light Sensor, Ultrasonic Sensor, Current Sensor, Altimeter Sensor, Others), Platform Type (Vertical Take–Off and Landing (VTOL) Platform, Fixed-Wing Platforms, Hybrid Platform), Application (Collision Detection and Avoidance, Data Acquisition, Motion Detection, Air Pressure Measurement, Power Monitoring, Others), End User (Construction, Media and Entertainment, Agriculture, Personal, Security and Surveillance, Defense, Law Enforcement, Transportation, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Drone Sensor Market Analysis and Insights
Drone sensor market size is valued at USD 2,862.98 million by 2028 is expected to grow at a compound annual growth rate of 25.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on drone sensor provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Drone sensor is a system that is capable to settle on changes that occur in terms of physical or electrical variations and also other quantities. This sensor is also able to concede this variation in the drone and act accordingly so as to make sure the proper functioning of the drone.
The increasing demand for drones for mapping, precise positing and high resolution imaging has been directly influencing the growth of drone sensor market over the forecast period of 2021 to 2028. Also high adoption of drones in agriculture sector for crop growth analysis is also flourishing the growth of the drone sensor market. In addition, the drones are also largely used in defense sector for intelligence gathering, monitoring, surveillance, search and rescue operations along with and various other purposes, associated with rising military budget particularly in developing countries are also positively impacting the growth of the market. Furthermore, the growing adoption of drone for media, integration of redundancies as failsafe and growing demand for drones for payload delivery are also largely lifting the growth of the drone sensor market.
However, the drones somewhat have shot life span and are hackable which are acting as the major limitations for the growth of drone sensor market in the forecast period of 2021 to 2028, whereas the unclear government laws applicable to drone industry have the potential to challenge the growth of the drone sensor market.
Likewise, the rising funding toward drone technology as well as increasing use of drones for package delivery and rising investment in R&D activities for development of UAVs will further cater ample new opportunities that will lead to the growth of the drone sensor market in the above mentioned forecasted period.
This drone sensor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on drone sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Drone Sensor Market Scope and Market Size
Drone sensor market is segmented on the basis of sensor type, platform type, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The sensor type segment of the drone sensor market is segmented into inertial sensor, image sensor, speed and distance sensor, position sensor, pressure sensor, light sensor, ultrasonic sensor, current sensor, altimeter sensor and others. Inertial sensor is further segmented into accelerometers, gyroscope, magnetometers and tilt sensor. Image sensor is further segmented into infrared sensor, thermal sensor, multispectral sensor and 3D image sensor. Speed and distance sensor is further segmented into radar, lidar and proximity. Position sensor is further segmented into GPS and GNSS. Pressure sensor is further segmented into barometric pressure sensors and differential pressure sensors. Altimeter sensor is further segmented as flow sensors. Others are further segmented as Cbrn Sensors.
- Based on platform type, the drone sensor market is segmented into vertical take–off and landing (VTOL) platform, fixed-wing platforms and hybrid platform.
- On the basis of application, the drone sensor market is segmented into collision detection and avoidance, data acquisition, motion detection, air pressure measurement, power monitoring and others. Collision detection and avoidance is further segmented into sensor fusion, obstacle avoidance algorithm and slam technology. Air pressure measurement is further segmented into calculate altitude and air speed measurement.
- Drone sensor market is also segmented on the basis of end user into construction, media and entertainment, agriculture, personal, security and surveillance, defense, law enforcement, transportation and others.
Drone Sensor Market Country Level Analysis
Drone sensor market is analyzed and market size, volume information is provided by country, sensor type, platform type, application and end user as referenced above.
The countries covered in the drone sensor market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the drone sensor market due to the high defense budget and increasing adoption of advanced technology in various sectors in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to growing military budget in emerging economies and increasing use of drones in energy and utilities sector in the region.
The country section of the drone sensor market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Drone Sensor Market Share Analysis
Drone sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to drone sensor market.
The major players covered in the drone sensor market report are TE Connectivity, Raytheon Company, Trimble Inc., Parker Hannifin Corp, InvenSense, Sparton, Bosch Sensortec GmbH, FLIR Systems, Inc., Velodyne Lidar, Inc., KVH Industries, Inc., Sony Semiconductor Solutions Corporation, SBG Systems, Ainstein, SlantRange, Inc., Sensirion AG Switzerland, Infineon Technologies AG, Sentera, Inc., YOST LABS, LeddarTech Inc., and ams AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.