Press release
Europe Drones Market 2022 Global Insights and Business Scenario - Azure Drones, SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR systems
The Europe Drones market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Europe Drones market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Europe Drones industry and provides data for making strategies to increase market growth and effectiveness.The Europe Drones Market is projected to grow with a CAGR of more than 11% during the forecast period.
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Markets Segmentation:
Top leading Companies Profiled in Europe Drones Market Report are Ê- Azure Drones, SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR systems, AltiGator Unmanned Solutions, DJI, Flyability SA, DelAir, UAS Europe AB, CAT UAV, Yuneec, Aerialtronics
News and Updates
The Europe drones market is highly fragmented, with several players accounting for significant amounts of shares in the market. Some of the prominent companies in the Europe drone market are Azure Drones SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR systems and AltiGator Unmanned Solutions. The companies are spending heavily on improving technology and introduce new features in the drones to support various commercial applications. For instance, In September 2019, Parrot drones Introduced drone with a smartphone-powered first-person view. The camera is powered with 4K-HDR 21 megapixel camera and comes with long-lasting battery life, which can be used for shooting advertisements and other entertainment applications. Launch of such advanced drones for various applications is anticipated help the companies expand their presence in the region. Furthermore, with the ease in drone regulations, many companies are entering into the drone industry of Europe, which is expected to further increase the competition among the coming in the coming future.
Market Overview
- With the advancement in the drone technologies, the drone manufacturers are now providing a wide range of drone models in various sizes, weights and payload carrying capabilities to support the broad range of commercial applications.
- The change of drone regulations by the European Union Aviation Safety Agency (EASA) is supporting the deployment of drones in various sectors like infrastructure, agriculture, transport, entertainment, and security among others.
- However, factors like strict regulations for beyond the visual line of sight operations of drones, security and safety concerns and lack of trained pilots are anticipated to hamper the growth of Europe drones market during the forecast period.
The construction segment currently has the highest share in 2019. The drone is changing the ways used for surveying land and fields traditionally. Drone surveying is also known as aerial surveys, are popular in the industry because of factors such as they provide faster, safer and cost-efficient way to survey at heights. The engineers, in the sector, are preferring aerial surveys for bridge inspection, roof inspection and large building construction. By eliminating manual at-height working, they reduce risk and enhance safety while working at high construction sites while the aerial shots which enable the construction engineer to take vital decisions. With the implementation of LIDAR or laser scanning sensor payloads, drones exceptionally provide detailed digital models of landscape, vegetation, buildings and other assets. In June 2019, Ordnance Survey, the national mapping agency for the United Kingdom employed Terra Drone Europe, to provide UAV based orthomosaic, digital terrain models (DTM) and digital surface models. With the growing demand for aerial surveying in the construction sector, several mapping and surveying drone service providers are procuring new drones with required payloads in the region. These factors are anticipated to propel the growth of the segment in the coming years.
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Key Takeaways from Europe Drones Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Europe Drones market - key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance - Europe Drones market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Europe Drones
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In conclusion, the Europe Drones market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Europe Drones Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
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