Drone Surveillance Market to See Major Growth by 2029: Boeing, Azure Drones, Thales Group

The Global Drone Surveillance Market study with 132+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyse futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are Aerodyne Group (Malaysia), Azure Drones SAS (France), Cyberhawk Innovations Limited (United Kingdom), Martek Aviation (United Kingdom), Sharper Shape Inc. (United States), Boeing (United States), Airbus Corporation (Netherlands), Lockheed Martin (United States), Northrop Grumman Corporation (United States), Thales Group (France), Elbit Systems Ltd (Israel), Saab Group (Sweden).

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The Global Drone Surveillance Market was valued at USD xx Million in 2023 and is expected to reach USD xx Million by 2029, growing at a CAGR of 17.15% during 2023-2029.

Definition:
Drone surveillance refers to capturing video and images to gather information about specific targets via UAV drone which is to an aircraft without human pilot that operates through onboard computers or remote control. The drone surveillance market has high growth prospects due to rising demand from the defense sector owing to the increasing security concerns and growth in terrorist activities. For instance, the New York Police Department announced to deploy 14 of the unmanned fliers for reaching remote areas in crime scenes, monitoring large events, and others. Further, exemptions are given by various governing bodies such as the European Aviation Safety Agency (ESSA), Federal Aviation Administration (FAA), and others, to permit drone surveillance in numerous industries expected to drive the market over the forecasted period.

Market Trends:
Emphasizing On Development of Batteries to Increase the Flying Period of Drones
Technological Advancement to Increase Drone Payload

Market Drivers:
Rising Application of Fixed Winged Drones by Defense Personnel for Security Measures
AI And Machine Learning Deployment to Boost Drone Automation
Increasing Demand of Multi-Rotor Aircraft for Drone Surveillance

Market Opportunities:
Rising Security Budgets of Developing Economies
Growing Demand of Drones Surveillance from the Commercial Sector for Shipping, Logistics, and Others

Market Leaders & Development Strategies:
In October 2022, AI Robotics Ltd acquired Iron Drone's assets to add counter-drone technology to its AI-powered Optimus system for real-time situational awareness. This acquisition helped AI Robotics detect, track, and neutralize rogue drones and marks its entry into the US market. In March 2023, Elistair introduced a new tethered drone called "Orion HL" designed for tactical communications. The drone can be deployed within minutes and provide secure and reliable communication links for military and emergency response teams. It can operate at a height of up to 100 meters and can stay aloft for over 24 hours thanks to its tethered power supply.

Global Drone Surveillance Market Competitive Analysis
Know your current market situation! Not just new products but ongoing products are also essential to analyse due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.

Players Included in Research Coverage: Aerodyne Group (Malaysia), Azure Drones SAS (France), Cyberhawk Innovations Limited (United Kingdom), Martek Aviation (United Kingdom), Sharper Shape Inc. (United States), Boeing (United States), Airbus Corporation (Netherlands), Lockheed Martin (United States), Northrop Grumman Corporation (United States), Thales Group (France), Elbit Systems Ltd (Israel), Saab Group (Sweden)

Additionally, Past Global Drone Surveillance Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.

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Segmentation and Targeting
Essential demographic, geographic, psychographic, and behavioural information about business segments in the Drone Surveillance market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behaviour, and patterns.

Drone Surveillance Product Types In-Depth: Fixed Winged, Multi-Rotor, Hybrid UAVs

Drone Surveillance Major Applications/End users: Pipeline Monitoring & Inspection, Offshore Platform Inspection, Power Plant Inspection, Inspection of Power Distribution Lines, Wind Turbine Inspection, Solar Panel Inspection, Others [Slope Stability, Emission Tracing, Monitoring Sea Ice, etc.]

Drone Surveillance Major Geographical First Level Segmentation:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyse the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyse reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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