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Fishing Drones Market Competitive And Growth Analysis 2024 | Yaskawa Electric Corporation, Kongsberg Maritime AS, Oceaneering International Inc., SZ DJI Technology Co. Ltd
Fishing Drones Global Market Report 2024
As per the report, the fishing drones market size has grown rapidly in recent years. It will grow from $ 0.79 billion in 2023 to $0.89 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The fishing drones market size is expected to see rapid growth in the next few years. It will grow to $c billion in 2028 at a compound annual growth rate (CAGR) of 12.2%.
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Rising Demand For Aquaculture Driving Growth Of Fishing Drone Market
The rising demand for aquaculture is expected to propel the growth of the fishing drone market going forward. Aquaculture refers to the practice of cultivating, breeding, and harvesting fish, shellfish, and other aquatic animals under controlled conditions, typically for commercial purposes. The combination of increasing demand for seafood, declining wild fish stocks, and technological advancements is boosting the demand for aquaculture. Fishing drones are used to improve operational efficiency, enhance productivity, and ensure sustainable management practices in aquaculture. For instance, in December 2022, according to the Food and Agriculture Organization, a US-based government agency, aquaculture production was projected to reach 106 million metric tons by 2030, representing a 22% increase or nearly 19 million metric tons compared to the levels recorded in 2020. Therefore, the rising demand for aquaculture is driving the growth of the fishing drone market.
Innovative Advancement In Fishing Technology Revolutionizing The Fishing Drone Market
Major companies operating in the fishing drones market are concentrating on the development of innovative advancement solutions, such as the FD3 Waterproof Fishing Drone, to combat illegal fishing, protect marine environments, and promote sustainable fishing practices. It is a device specifically engineered for fishermen seeking to improve their efficiency and success rate, and it is an innovative advancement in fishing technology for sport enthusiasts. For instance, in December 2023, Urban Drones, a US-based unmanned aerial systems configuration company, in partnership with SwellPro, a China-based manufacturer of waterproof and rugged drones, introduced the FD3 waterproof fishing drone, which is designed to revolutionize fishing technology for sport enthusiasts. It comes in two versions- an advanced version with a 4K camera video system and a basic version dedicated to carrying baits. These drones are equipped with features like autopilot capabilities through the FDFly APP, a 1-mile casting range, and an IP67 waterproof rating for saltwater-proof operation. Additionally, this drone makes fishing more efficient, convenient, and enjoyable for anglers seeking to leverage the latest technology in their fishing endeavors.
The fishing drones market covered in this report is segmented -
1) By Type: Fixed Wing, Rotary Wing
2) By Payload Capacity: Below 1 Kg, 1 To 2 Kg, Above 2 Kg
3) By Application: Commercial Fishing, Recreational Fishing, Other Applications
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Major companies operating in the fishing drones market are Yaskawa Electric Corporation, Kongsberg Maritime AS, Oceaneering International Inc., SZ DJI Technology Co. Ltd., Yuneec International Co. Ltd., AeroVironment Inc., Skydio Inc., Sonardyne International Ltd., Parrot SA, Autel Robotics USA LLC, Kraken Robotic Systems Inc., PrecisionHawk Inc., Teledyne Marine, SwellPro Technology Ltd., Saildrone Inc., Bluefin Robotics Corporation, Blue Robotics, PowerVision Technology Group, Draganfly Innovations Inc., SeaDrone Systems, EvoLogics GmbH, Marine Technologies Inc., Blueye Robotics AS, Hydromea AG, Underwater Dynamics Pty Ltd., Triton Submarines LLC
Contents of the report:
1. Executive Summary
2. Fishing Drones Market Report Structure
3. Fishing Drones Market Trends And Strategies
4. Fishing Drones Market - Macro Economic Scenario
5. Fishing Drones Market Size And Growth
…..
27. Fishing Drones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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