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Fishing Drones Market Analysis

  • Report ID: GMI10329
  • Published Date: Jul 2024
  • Report Format: PDF

Fishing Drones Market Analysis

Based on the product, the market is divided into fixed wing drones, rotary blade drones, and hybrid drones. The rotary blade drones accounted for over 65% market share in 2023 and is expected to reach over USD 1.5 billion by 2032, owing to their versatility and ease of maneuverability. These drones are equipped with multiple rotors, providing enhanced stability and precision, which is crucial for fishing applications. The ability to hover and make precise movements makes rotary-blade drones ideal for dropping bait and scouting fishing spots.
 

In addition, recent advancements have led to the development of rotary blade drones with extended battery life and higher payload capacities, allowing for longer fishing sessions and the ability to carry heavier bait and tackle.  Further, the integration of advanced sensors and cameras in these drones is leading to its adoption in various fishing scenarios, ranging from shallow freshwater bodies to deep-sea environments.
 

Fishing Drones Market Share, By Application, 2023

Based on application, the fishing drones market is categorized into recreational fishing, commercial fishing, and others. The commercial fishing segment accounted for a market share of 62% in 2023 and is poised to grow during the forecasted period. The growth of the segment can be attributed to the growing demand for premium seafood products, driven by consumer preferences for quality, which encourages commercial operators to use innovative technologies such as fishing drones to meet market expectations.
 

Furthermore, the usage of fishing drones in commercial fishing has revolutionized the industry by increasing efficiency and reducing operational costs. Further, drones equipped with advanced sonar and imaging technology can quickly locate fish schools, thus significantly reducing the time and effort required in traditional fishing methods. This technology is particularly beneficial in large-scale commercial operations where time and resource optimization are critical.
 

North America Fishing Drones Market Size, 2022 -2032, (USD Million)

North America accounted for around 34% market share in 2023 and is projected to register significant growth during the forecast period, owing to technological advancements and increasing adoption among both recreational and commercial fishermen. The strong technological infrastructure in the region supports the integration of advanced features such as GPS, high-definition cameras, and autonomous navigation systems in fishing drones. Furthermore, the rising popularity of drone fishing competitions and events is boosting market demand. Further, regulatory support and clear guidelines on drone usage in fishing are also facilitating market expansion.
 

Moreover, the U.S. has well-established fisheries management policies and regulations focused on sustainable fishing practices and the conservation of marine resources. Fishing drones play a major role in fisheries management by offering accurate data on fish populations, monitoring compliance with fishing quotas, and supporting scientific research initiatives.
 

China is the world's largest producer of aquaculture products. Fishing drones are increasingly used in aquaculture operations for various tasks including monitoring fish health, water quality assessment, and feeding operations. This adoption is driven by the need to improve efficiency, reduce labor costs, and enhance productivity in the aquaculture sector. This is expected to drive the growth of the market in the country.
 

The fishing drones industry growth in Latin America can be attributed to its extensive coastal areas and rich marine biodiversity which makes Latin America a significant region for commercial fishing activities. These drones help operators efficiently monitor and manage these vast marine resources, improving catch efficiency and reducing operational costs, thus creating business opportunities in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for fishing drones was USD 824.8 million in 2023 and is expected to register over 12% CAGR from 2024-2032 owing to the rise in fishing activities worldwide.

Fishing drones industry from the rotary blade drones segment is expected to reach over USD 1.5 billion by 2032 due to their versatility and ease of maneuverability.

North America industry held 34% share in 2023 and is expected to register a commendable CAGR from 2024-032 due to technological advancements and increasing adoption among both recreational and commercial fishermen in the region.

Aerokontiki, AguaDrone, Autel Robotics Co., Ltd., Chasing Innovation, Gannet, PowerVision, Rippton, SwellPro Technology Co., Ltd., SZ DJI Technology Co., Ltd., and Yuneec International Co. Ltd., are some of the major fishing drones companies worldwide.

Fishing Drones Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 290
  • Countries covered: 23
  • Pages: 240
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