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Urban UAV Navigation and Communication Market Trends

  • Report ID: GMI10584
  • Published Date: Aug 2024
  • Report Format: PDF

Urban UAV Navigation and Communication Market Trends

Urban UAV navigation and communication are witnessing rising technological advancements in sensor technology and communication systems. Enhanced sensors, including LiDAR, radar, and cameras, equip drones with increased precision and a broader range, crucial for navigating urban landscapes, evading obstacles, and gathering data. These advanced sensors are pivotal in developing complex autonomous flight features, reducing the need for human intervention and broadening potential applications. Moreover, seamless communication links are important for real-time data transmission, command execution, and ensuring safe drone operations in urban environments. Moreover, cutting-edge technologies such as 5G and its successors offer low latency high bandwidth, and bolstered network capabilities, hence driving the market growth.
 

For instance, in July 2024, India's leading drone technology company, ideaForge, partnered with Inertial Labs, a global leader in inertial sensors and integrated GPS systems, to integrate Inertial Labs' RESEPI LiDAR solution into ideaForge's high-performance unmanned aerial vehicles (UAVs). This partnership represents a significant advancement in UAV-based LiDAR mapping, offering industries an enhanced, highly accurate, and reliable solution for surveying, mapping, mining, construction, forestry, power line inspection, and search and rescue operations.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Market size for urban UAV navigation and communication was USD 6.9 billion in 2023 and is expected to register over 17% CAGR from 2024-2032 owing to the increasing demand for drone applications in urban areas worldwide.

Urban UAV navigation and communication industry from the hardware segment is expected to exceed USD 15.5 billion by 2032 due to the evident nature of its components, such as navigation systems, communication systems, sensors, and cameras.

North America industry is expected to reach USD 10.4 billion by 2032 due to significant investments in UAV technology and supportive regulations in the region.

Honeywell International Inc., BAE Systems plc, DJI, Collins Aerospace (RTX Corporation), AeroVironment, Elbit Systems Ltd., Trimble Inc., Hexagon AB, Parrot, and Flyability, are some of the major urban UAV navigation and communication companies worldwide.

Urban UAV Navigation and Communication Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 304
  • Countries covered: 24
  • Pages: 250
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