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Public Safety Drone Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

08-22-2023 09:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Public Safety Drone Market Set to Grow at the Fastest Rate- Time

The public safety drone market is valued at USD 1.1 billion in 2023 and is projected to reach USD 2.0 billion by 2028, at a CAGR of 13.0%. In the last 10 years, there have been substantial developments in technologies installed in drones that are used for various applications, ranging from border security, fertilizer spraying, public safety, and wildlife monitoring to vaccine delivery to inaccessible places during pandemics such as COVID-19. The incorporation of technologies such as artificial intelligence (AI), LiDAR system, and a few others have revolutionized the designs of public safety drones.

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The public safety drone market has experienced remarkable technological advancements, revolutionizing the way emergency response and public safety operations are conducted. These advancements have propelled drones to the forefront of critical missions, equipping public safety personnel with powerful tools to enhance situational awareness, response capabilities, and overall operational efficiency. With improved flight performance, extended flight times, and increased payload capacities, drones can navigate challenging environments, remain airborne for longer durations, and carry sophisticated equipment and sensors.

Advanced imaging technologies, real-time video streaming, and data transmission capabilities enable real-time situational assessment, while intelligent flight modes and autonomy features streamline operations. Furthermore, the integration of data analytics and seamless data integration empowers public safety agencies to leverage valuable insights for incident management and post-incident analysis. The continuous evolution of technology in the public safety drone market promises to unlock new possibilities and revolutionize emergency response efforts, ensuring safer communities and more effective crisis management.

Based on Type, the public safety drone market has been classified into fixed-wing, rotary-wing, and hybrid-wing. Fixed-wing drones perform better in harsh weather situations than most multi-rotor drones. Their ability to fly at greater altitudes and steadiness in severe winds make them ideal for missions in tough terrain, coastal areas, or remote locales. Fixed-wing drones have a greater cargo capacity than multi-rotor drones. This enables them to transport modern imaging systems, thermal cameras, LIDAR sensors, and other specialized equipment for capturing high-resolution imagery, detecting heat signatures, and performing 3D mapping for precise situational awareness.

Based on Platform, the public safety drone market is classified into two segments Microdrones (250gm-2Kg) and small drones (2kg- 25Kg). Public safety drones are small-sized drones with a weight of less than 25 kg due to the nature of the mission demand, such as quick deployment, portability, maneuverability, cost-effectiveness, and limited impact on privacy. Micro drones are generally small versions of usual quadcopters. They have simple mechanical designs that make it easy to regulate them than regular quadcopters. These drones are also cost-effective, which makes them popular among law enforcement agencies.

Based on Operational mode, the public safety drone market has been classified into semi-autonomous and fully autonomous. Fully autonomous UAVs are programmable autonomous robots that can perform tasks at high altitudes with high-power capacity. They are expensive. Fully autonomous UAVs can operate in inaccessible areas. They provide high-quality results and data as they are equipped with technologically advanced systems. Fully autonomous delivery drones can be operated without a pilot. Earlier, remotely piloted and partially autonomous drones were used wherein the pilot had all or little control of aircraft operations and was controlling it from the ground stations. Currently, manufacturers are shifting from partially autonomous to fully autonomous due to the successful execution of operations carried out by partially autonomous drones.

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Based on Region, North America is projected to lead the public safety drone market during the forecast period. The use of UAVs for security applications is also expected to grow in upcoming years in the US owing to the ongoing counter-terrorism operations being carried out by the country worldwide. The FAA is encouraging innovation and working with industry, state, local, and tribal governments to realize the benefits of drones and inform future rules and regulations. In Canada, drones are used in diverse and risky environments to carry out atmospheric research such as weather and atmospheric gas sampling; emergency and disaster monitoring; cartography and mapping; agricultural spraying; and promotion and advertising. They are also used for oceanographic research, geophysical research, mineral exploration, imaging spectrometry, telecommunication relay platforms, reconnaissance activities, traffic and accident surveillance, search and rescue operations, aerial photography, weather reconnaissance, and flight research, along with surveying and inspecting remote power lines and pipelines.

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