AI in Drones Market Trends, Size, Forecast - 2019-2025

AI in drone market is expected to grow at a moderate rate during the forecast period 2019-2025. Advancements in technology have led many industries to improvise in their fields globally. AI in Drone is one of those advancements which will enhance the operations of various industries across the globe. AI is going to play a very primary role in changing the pattern of the manufacturing process of drones in the digital camera industry. The digital camera manufacturer’s focus will now shift towards improving the performance of film and photography through applied AI in drones and improving the consumer experience. AI integrated drones enable various industries to keep a bird-eye view of the land for vigilance & mapping purpose. The use of AI can also improve surveillance across borders, wildlife, and agriculture.

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The rising adoption of smartphones and increasing demand in aerial and drone services are driving factors for implementing AI in drone across the globe. The drones are being used in various sectors such as agriculture, military and defense, media and entertainment, and others. The extensive application of drones across the industries has increased the expectations of the performance of drones. This has promoted the manufacturers to implement advanced technologies such as AI in these devices. However, with applied AI in drone, the cost of drones has quite increased, which can put a negative impact on the market’s growth.

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Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to register a significant share in the overall market owing to the presence of numerous key players in the region. Moreover, Europe is expected to follow North America in terms of share as it comprises a few economies such as Germany and France, which are key manufacturers of drones across the globe. Moreover, the disposable income of the population has increased considerably across the globe. For instance, as per the National Bureau of Statistics China, the per capita disposable income of the urban household in 2017 increased by nearly 8.1% in China. This trend is expected to follow in the near future, which is expected to increase the implementation of advanced technology such as AI in drones over the forecast period.

AI in Drone Market Segmentation

By Type
• Fixed Wing Drones
• Rotary Blade Drones
• Hybrid Drones

By Technology
• Computer Vision
• Motion Planning

By End-Use
• Agriculture
• Military and Defence
• Media and Entertainment
• Others (Construction Industry)

Regional Analysis

• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• 3D Robotics, Inc.
• Animusoft Corp.
• Applanix Corp.
• BetterView Marketplace, Inc.
• Botlink LLC
• Citadel Defense Co.
• DRONE Aviation Corp.
• DroneBase, Inc.
• DroneCast Inc.
• DroneSense, Inc.

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This release was published on openPR.