Safety And Security Drones Market 2024 - Industry Size, Future Insights, Growth Drivers And Top Players

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Safety And Security Drones Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $4.48 Bn In 2028 At A CAGR Of 20.1% :

The safety and security drones market size has safety and security drones in recent years. It will grow from $1.79 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 20.4%. The growth in the historic period can be attributed to solar-powered drones, increasing demand for specialized drones, natural disasters, increasing public acceptance of drones, increasing security concerns.

The safety and security drones market size is expected to see safety and security drones in the next few years. It will grow to $4.48 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to adoption of hybrid and vertical takeoff and landing(VTOL) designs, secure communication protocols, ground control stations, sensors, cameras, lidar. Major trends in the forecast period include drone-in-a-box solutions, artificial intelligence and automation, edge computing and real-time processing, swarm technology, cloud-based data management.

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Safety And Security Drones Market Major Segments
The safety and security drones market covered in this report is segmented -

1) By Type: Fixed Wing Drone, Versus Rotary Drone, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Explosive Detection And Removal, Firefighting, Smart Cities, Inspection And Safety, Patrolling, Surveillance Operation, Weathers And Climate Analysis, Other Applications
4) By End Users: Agriculture, Airports, Colleges And Universities, Construction, Forestry & Logging, Government, Other End Users

Key Driver - Rising Threat Of Security Incidents Propels Growth Of Safety And Security Drones Market

The rising threat of security incidents is expected to propel the growth of the safety and security drones market going forward. The increasing security threats across various sectors have contributed to the development of the security drone market. Drones offer advanced surveillance and monitoring capabilities, making them valuable tools in addressing security challenges. Safety and security drones are utilized in security incidents to provide unique capabilities that enhance situational awareness, mobility, real-time aerial surveillance and monitoring. For instance, in March 2023, according to ReliefWeb, a US-based digital service for the coordination of humanitarian affairs, terrorist attacks became more deadly in 2022, killing on average 1.7 people per attack in 2022 compared to 1.3 deaths per attack in 2021. Furthermore, in April 2023, according to the Office for National Statistics, a UK-based government department, police documented 2.1 million cases of violence against people in 2022. This was a 20% increase over 2020 (1.7 million offenses) and a 5% increase over the fiscal year ending in 2021 (2 million offenses). Therefore, the rising threat of security incidents drives the safety and security drones market.

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Prominent Trend - Advancement Of Drone Technology In Safety And Security Drones

Major companies operating in the safety and security drone market are focused on developing innovative and advanced technological solutions, such as eBee Vision, a cyber-secure unmanned aerial system (UAS), to meet the increasing demand for enhanced security measures. A cyber-secure unmanned aerial system (UAS) is a type of UAS equipped with technology that protects data, software, and hardware from unauthorized access, tampering, or disruptions. For instance, in September 2023, AgEagle Aerial Systems Inc., a US-based provider of aerial imagery data collection and analytics solutions, launched the eBee Vision, a cyber-secure unmanned aerial system (UAS) designed for intelligence, surveillance, and reconnaissance (ISR) missions. It is equipped with sensor payloads capable of detecting, tracking, and geolocating objects in day and night conditions, offering up to 90 minutes of flight time. It is designed to empower drone operators to perform surveillance missions, even in GNSS-denied conditions, and is customized for defense and security requirements. Additionally, it features a live HD video feed, a thermal sensor, wireless coverage, a user interface, and operational flexibility.

Safety And Security Drones Market Players
Major companies operating in the safety and security drones market are SZ DJI Technology Co Ltd., FLIR Systems Inc., GoPro Inc., Yuneec International Co.Ltd., Insitu Inc., Autel Robotics Inc., Parrot Drones SAS, Microdrones GmbH, Flyability, Dedrone Holdings, Delair, Scylla Technologies Inc., Ageagle Aerial Systems Inc., Azur Drones SAS, DroneShield Ltd., Chengdu JOUAV Automation, Kespry Inc., Tonner Drones SA, Elistair, Aerialtronics, ideaForge Technology Limited, Lorenz Technology ApS, Freefly Systems, Guangzhou EHang Intelligent Technology Co. Ltd., Aeryon Labs Inc., Action Drone Inc., FlytBase Inc., Airborne Response, Aria Insights Inc., ZenaDrone Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the safety and security drones market in 2023. The regions covered in the safety and security drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Safety And Security Drones Market Report Structure
3. Safety And Security Drones Market Trends And Strategies
4. Safety And Security Drones Market - Macro Economic Scenario
5. Safety And Security Drones Market Size And Growth
…..
27. Safety And Security Drones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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