Press release
Commercial segment to dominate the Singapore Drone Market – TechSci Research
Singapore Drone Market
According to TechSci Research report, “Singapore Drone Market By Type (Fixed Wing, HALE, TUAV, MALE, VTOL and Others) By Segment (Military and Commercial) By Application (Mapping, Surveying & Photography, Security, Precision Agriculture, Media & Entertainment and Others) By Payload (150kg 600kg, Above 600kg, Less than 25Kg, 25kg 150kg), By Region, Company Forecast & Opportunities, 2026”, The Singapore drone market is expected to witness significant growth for the next five years. Drones are aircrafts which can be operated remotely by pilot or are pre-programmed by professionals to fly autonomously. It consists of a power source, such as solar batteries, lithium-ion batteries, hybrid or fuel cells, rotors, propellers, cameras, altimeter, and controllers to communicate efficiently by using radio waves. Frame of drone is generally made up of light weight and composite materials to enhance the performance and movement of drones. Drones can be deployed in the sky for real-time monitoring of emergency situations such as traffic accidents and fires. Leading authorities of Singapore are pushing the nation to become the world’s first Smart Nation where technology will be used to enhance the quality of life of an individual and create new business opportunities for enterprises. Government is expected to serve its citizens by proving improved public services and make informed and meaningful decisions.
The COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has several affected countries adversely. Leading authorities in Singapore imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing which created lucrative opportunities for the growth of the drone market. Drones are being actively used in confined and restricted areas to operate efficiently without getting affected by coronavirus. Use of drones have seen a spurge to conduct remote operations such as monitoring of crowds, measuring temperatures, announcement and broadcasting of warnings, remote delivery of PPE and lab tests, among others. Singapore based drone solutions services launched a program called Drones in the age of COVID-19 to encourage the use of drone for purposes such as monitoring, and inspection and drones were integrated with cameras and loudspeakers and drones have the facility of continuous power supply.
However, the problem of high air traffic may create hindrance in the growth of the drone market.
Browse XX Figures spread through XX Pages and an in-depth TOC on "Singapore Drone Market”.
https://www.techsciresearch.com/report/singapore-drone-market/7641.html
Singapore drone market is segmented into type, segment, application, payload, regional distribution, and company. Based on application, market can be divided into mapping, surveying & photography, security, precision agriculture, media & entertainment, and others. The media & entertainment sector is expected to witness growth for the forecast period, 2022-2026. Rise in demand for aerial photoshoots from media, entertainment and advertising industry is expected to drive the demand for drone market in Singapore. High penetration of internet services and surge in proliferation of smart devices is contributing significantly to improve the presence of social media campaigns which in turn is fostering the drones market growth.
H3 Dynamics Holdings Pte. Ltd., Kelley Aerospace, DJI (Authorized Dealer Avetics Global), Garuda Robotics Pte. Ltd., MIRS Innovate Pte. Ltd., Infinium Robotics, Parrot SA (Authorized Dealer Singapore Hobby Supplies Pte Ltd), General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp are the leading players operating in Singapore drone market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several drone manufacturers are coming up with their technologically advanced offerings.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7641
Customers can also request for 10% free customization on this report.
“Roll-out of 5G technology coupled with developing telecommunication network is expected to boost the market growth. Ongoing research and development activities for upgradation of existing infrastructure to make more affordable and user-friendly coupled with rise in collaborations between drone manufacturers and industrial players is expected to fuel the demand for drones in Singapore. Incorporation of emerging technologies such as artificial intelligence, sense and avoid systems, cloud computing to carry out operations such as data capture, data transmission, navigation, data analysis, among others is expected to propel the drone market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Singapore Drone Market By Type (Fixed Wing, HALE, TUAV, MALE, VTOL and Others) By Segment (Military and Commercial) By Application (Mapping, Surveying & Photography, Security, Precision Agriculture, Media & Entertainment and Others) By Payload (150kg 600kg, Above 600kg, Less than 25Kg, 25kg 150kg), By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of Singapore drone market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Singapore drone market.
Browse Related Reports
Global Smart Drone Services Market By Type (Drone Platform Service, Drone MRO, Drone Training), By Segment (Consumer, Commercial, Military), By Application (Aerial Photography, Data Acquisition & Analytics, Mapping & Surveying, Disaster Risk Management & Mitigation, Agriculture, Industrial Inspection, Delivery, Others), By Company and By Geography, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/smart-drone-services-market/3465.html
Global Utility Drones Market By Type (Multi-Rotor & Fixed Wing), By Services (End-to-End Solution & Point Solution), By End-User (Power (Generation, Transmission & Distribution) & Renewable (Solar, Wind)), By Region, Competition, Forecast & Opportunities, 2026
https://www.techsciresearch.com/report/global-utility-drones-market/3276.html
TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commercial segment to dominate the Singapore Drone Market – TechSci Research here
News-ID: 2339403 • Views: …
More Releases from TechSci Research
Small Arms and Light Weapons Market to Grow at 6.59% CAGR Through 2029 - TechSci …
"Military modernization initiatives worldwide drive demand for advanced and modular SALW, emphasizing technological innovation are the factors driving Small Arms and Light Weapons market in the forecast period 2025-2029."
According to TechSci Research report, "Small Arms and Light Weapons Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029", The Global Small Arms and Light Weapons Market stood at USD 13.75 Billion in 2023 and is anticipated to grow…
Anticipating Growth: Luxury Sunglasses Market to Reach US$ 14.86 Billion with a …
TechSci Research's report on the "Global Luxury Sunglasses Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029" reveals that the market reached USD 14.86 billion in 2023, projecting a 4.2% CAGR from 2025 to 2029. This market segment thrives within the broader eyewear industry, offering high-end, premium sunglasses to discerning consumers seeking exclusivity and sophistication. Driven by evolving fashion trends, increasing disposable incomes, and growing brand consciousness, the…
Tea Bar Machine Market Projected to Achieve USD 1.54 Billion by 2028 | Insights …
TechSci Research's report, "Global Tea Bar Machine Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," states that the market reached USD 1.54 billion in 2022, with an expected 10.45% CAGR in the forecast period 2024-2028. The dynamic Tea Bar Machine Market experiences significant global growth, driven by changing consumer preferences for healthier, customizable beverages. Embracing technological advancements, including smart features and sustainability, the market meets commercial establishments'…
Electrolyte Drinks Market Projected to Reach USD 1.43 Billion with a Remarkable …
According to TechSci Research's "Global Electrolyte Drinks Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," the market reached USD 1.43 billion in 2022, with an expected 4.25% CAGR in the forecast period 2024-2028. The global electrolyte drinks market has transformed into a dynamic sector within the beverage industry, experiencing substantial growth driven by increased awareness of hydration importance, a health-conscious consumer base, and preferences for functional beverages.…
More Releases for Singapore
Magento development company singapore
Suria International, a leading Magento web development company
An online shop is the need of the hour in the age of eCommerce and mCommerce. Advancing technology has introduced several platforms to build feature-rich online stores, but Magento has remained a preferred choice of many online retailers for years. High scalability, broad system support, and result-oriented adaptability have made Magento eCommerce development popular worldwide.
Magento, with its three variants- Magento Community Edition, Magento…
Digital banking in Singapore
What will be the impact of digital banks in Singapore? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore.
More and more countries worldwide are issuing full bank licenses to digital-only banks. The competition from digital banks is being seen as a favorable development for the consumer.
Digital banks with fewer physical branches and Automated Teller Machines to maintain could incur lower costs…
Peoplewave selected for Startup Station Singapore by Facebook and IMDA Singapore
20 February 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, has been selected to participate in Startup Station Singapore 2019.
Startup Station Singapore is a partnership between Facebook and the Infocomm Media Development Authority (IMDA) Singapore. Kicking off in February 2019, this programme will empower data-driven startups to accelerate their businesses in new and cutting-edge ways, while continuing to keep peoples’ trust, transparency and control over their data at…
Baby Food Sector in Singapore Global Report 2018: Top Key Players - Abbott Labor …
The Baby Food Sector in Singapore, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Singapore market.
The development of the baby food sector in Singapore goes beyond the realms of disposable income and is more often dependent on attitudes to industrially prepared foods in general, the desire for convenient alternatives, and the employment status of women. Baby food manufacturers…
ITIL Singapore
ITIL Singapore Certification Training at Vinsys. Get ITIL Training with EXIN & PeopleCert Accredited ITIL Certification Training with IT Tactic of Business Vision ITIL Singapore.
ITIL Foundation Singapore is the most widely recognized entrance-level ITIL certification for IT professionals. IT departments need qualified specialists who can carry effective IT services. This ITIL Singapore training will show you the ITIL Singapore services lifecycle, how lifecycle steps are linked, processes elaborate, and finest…
Hosiery in Singapore
Orbis Research delivers key insights on the Hosiery market in a new report titled “Hosiery in Singapore” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period.
Hosiery in Singapore is an accessory, not a daily necessity, due to the hot and humid climate. Therefore its growth largely depends on fashion trends, particularly men’s desire to accessorise with the colourful addition…
