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Industrial Drones Market Trends

Report ID: GMI11367
Published Date: Sep 2024
Report Format: PDF

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Industrial Drones Market Trends

The incorporation of artificial intelligence (AI) and machine learning is enabling drones to perform complex tasks autonomously, such as obstacle avoidance, real-time data analysis, and advanced navigation. This trend is improving operational efficiency and expanding the range of applications. The combination of drones with sophisticated data analytics platforms is enabling industries to derive actionable insights from the data collected. This trend is particularly significant in sectors like agriculture, mining, and infrastructure.

Drones are increasingly used in precision agriculture for crop monitoring, soil analysis, and precision spraying. This trend is driven by the need for more efficient and data-driven farming practices. The industrial drone market is expanding beyond traditional regions, with increasing adoption in emerging markets across Asia-Pacific, Latin America, and Africa. This growth is driven by rising industrialization and infrastructure development.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of industrial drones was worth over USD 15.3 billion in 2023 and is anticipated to register 6.5% CAGR between 2024 and 2032, due to increasing functionality and data optics trends.

The fixed wing segment in the industrial drones market is expected to reach USD 12.6 billion by 2032, due to their aerodynamic design.

North America industrial drones market was valued at USD 4 billion in in 2023, due to evolving FAA and Transport Canada regulations facilitating commercial adoption.

DJI, Parrot, Delair, SenseFly, AeroVironment, Insitu, Quantum Systems, Yuneec, Skyward, AgEagle Aerial Systems, Flyability, DroneDeploy, Hensoldt, Hexagon AB, and Teledyne FLIR.