Drone-In-A-Box Market Size to Hit USD 3,483.2 Billion by 2030 | With a CAGR 17.9%
Major Key Companies Covered in Drone-In-A-Box Market are Ondas Holdings (U.S.), Airobotics Ltd. (Israel), American Robotics, Inc. (U.S.), ECA GROUP (France), Asylon (U.S.), AZUR DRONES (France), Delta Drones (France), Fotokite AG (Switzerland), H3 Dynamics Holdings Pte. Ltd. (Singapore), HEISHA Technology Co., Ltd. (China) and more players profiled.
Pune, India, Oct. 10, 2023 (GLOBE NEWSWIRE) — The global drone-in-a-box market size was valued at USD 936.1 million in 2022. The market is projected to grow from USD 1,097.3 million in 2023 to USD 3,483.2 million by 2030, exhibiting a CAGR of 17.9% during the forecast period. The emerging drone-in-a-box technology represents an autonomous form of Unmanned Aerial Vehicles (UAVs) that deploy and return to self-contained landing boxes, eliminating the need for human operators. Comprising ground stations, drones, and a computerized management system, these solutions offer portability and convenience and find applications in various sectors, including military and defense, driving market growth over the forecast period. Fortune Business Insights presents this information in their report titled “Drone-In-A-Box Market, 2023–2030.”
Get a Sample Research PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/drone-in-a-box-market-108470
List of Key Players Profiled in the Drone-In-A-Box Market Report:
- Ondas Holdings (U.S.)
- Airobotics Ltd. (Israel)
- American Robotics, Inc. (U.S.)
- ECA GROUP (France)
- Asylon (U.S.)
- AZUR DRONES (France)
- Delta Drones (France)
- Fotokite AG (Switzerland)
- H3 Dynamics Holdings Pte. Ltd. (Singapore)
- HEISHA Technology Co., Ltd. (China)
Report Scope & Segmentation:
Report Coverage | Details |
Forecast Period | 2023-2030 |
Forecast CAGR | 17.9% |
2030 Value Projection | USD 3,483.2 Billion |
Market Size in 2023 | USD 1,097.3 Billion |
Historical Data | 2019-2021 |
No. of Pages | 180 |
Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
Segments Covered |
|
Regions Covered |
|
Drone-In-A-Box Market Growth Drivers | Operational Flexibility and Fully Autonomous Drone-Based Solutions for Various Operations Creates Lucrative Opportunities in the Market |
Growing Benefits of Drone-In-A-Box Solutions Propel Market Growth |
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/drone-in-a-box-market-108470
Segments:
Hardware Segment Leads with Growing Demand and Technological Advancements
By solution, the market is split into hardware and software. The hardware segment dominates with components such as securing systems, power sources, and management systems, and it’s expected to grow due to increasing hardware demand and drone technology advancements.
Multi Rotor Drones Expansion across Applications Due to Enhanced Flying Capabilities
By type, the market is bifurcated into single rotor and multi rotor. The multi rotor segment leads the market, set for rapid growth due to the expanding range of drone solutions utilizing multi rotor technology for enhanced flying capabilities across various applications.
Surveying & Mapping Dominates with Increasing Surveillance Applications
By application, the market is segmented into surveying & mapping, inspection, LiDAR, monitoring, thermal imaging, security & emergency response, and others. The surveying & mapping segment dominated the market in 2022 due to increasing demand for surveillance applications, exemplified by the partnership between Parrot and Hoverseen to provide automated surveillance solutions using Parrot ANAFI drones.
Construction & Mining Segment Propels owing to Increasing Use of DiaB for Energy Mapping
By end-use industry, the market is classified into defense, construction & mining, oil & gas, homeland security, medical services, transportation & logistics, event management, and others. The construction & mining segment, driven by increased applications of DiaB for resource management and energy mapping, commands the largest market share and is expected to grow steadily.
From the regional ground, the market is segmented into North America, Europe, Asia Pacific, the Middle East, and the rest of the world.
Russia-Ukraine War Impact:
Surge in Drone-in-a-Box Usage Spurs Global Demand and Regulatory Concerns
The global drone-in-a-box market experienced significant growth due to the extensive use of these systems by both sides in the Russia-Ukraine conflict for various military purposes. However, this heightened usage has also prompted calls for stricter regulations on the sale and use of such systems, while their success in the conflict has driven increased demand among other military forces worldwide.
Inquire Before Buying This Research Report:
https://www.fortunebusinessinsights.com/enquiry/queries/drone-in-a-box-market-108470
Report Coverage:
The research report presents a comprehensive market examination, emphasizing crucial elements, including the competitive environment, distribution channels, and prominent product categories. Furthermore, the report provides valuable observations on market trends and significant industry advancements. Apart from the aforementioned factors, the report encompasses numerous variables that have bolstered market expansion in recent times.
Drivers and Restraints:
Drones Find Versatile Applications in Construction and AEC Sectors with 24/7 Data Collection
Drones are increasingly being deployed from lightweight and portable ground stations, either on a scheduled or triggered basis, using edge devices or autonomous launches. This adoption, driven by advanced features catering to various industries, presents lucrative growth opportunities, such as Colena Ltd.’s drone-in-a-box solution for the construction and AEC sectors, which enables continuous 24-hour data collection and real-time progress monitoring, reducing the necessity for physical site visits through remote data monitoring.
However, the scarcity of skilled labor and the high initial cost of autonomous systems may curtail the drone-in-a-box market growth
Regional Insights:
North America Leads with Innovation and Strategic Acquisitions
North America dominated the drone-in-a-box market share in 2022, driven by major service providers and manufacturers. Additionally, local manufacturers are pursuing mergers and acquisitions for potential growth. For example, in March 2022, Ondas Holdings Inc. acquired Ardenna Inc., enhancing efficiency, reducing costs, and improving safety in rail monitoring.
Europe is expected to experience moderate growth due to well-established industries and a focus on automated drone solutions. The region’s strong regulatory frameworks, standardized protocols, Russia-Ukraine conflict, and efficient drone networks contribute to the region’s drone-in-a-box market growth.
Competitive Landscape:
Strategic Acquisitions and Product Development Drive Market Leadership and Growth
The global market is consolidated, with a few key players leading the industry. These prominent players strongly emphasize emerging markets, technological advancements, and product innovations as strategies to augment their market share. Additionally, key players concentrate on acquisitions and product development efforts, particularly in enhancing security features and supporting operations in sensitive areas.
Ask for Customization:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/drone-in-a-box-market-108470
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Trends
- Key Insights
- Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- Latest Technological Advancements
- Porters Five Forces Analysis
- Supply Chain Analysis
- Qualitative Insights – Impact of Russia-Ukraine War on Global Drone-In-A-Box Market
- Global Drone-In-A-Box Market Analysis, Insights and Forecast, 2019-2030
- Key Findings / Definition
- Market Analysis, Insights and Forecast – By Solution
- Hardware
- Software
- Market Analysis, Insights and Forecast – By Type
- Single Rotor
- Multi Rotor
- Market Analysis, Insights and Forecast – By Application
- Surveying & Mapping
- Inspection
- LiDAR
- Monitoring
- Thermal Imaging
- Security & Emergency Response
- Others
- Market Analysis, Insights and Forecast – By End Use Industry
- Defense
- Construction & Mining
- Oil & Gas
- Homeland Security
- Medical Services
- Transportation & Logistics
- Event Management
- Others
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Middle East
- Rest of World
- North America Drone-In-A-Box Market Analysis, Insights and Forecast, 2019-2030
- Market Analysis, Insights and Forecast – By Solution
- Hardware
- Software
- Market Analysis, Insights and Forecast – By Type
- Single Rotor
- Multi Rotor
- Market Analysis, Insights and Forecast – By Application
- Surveying & Mapping
- Inspection
- LiDAR
- Monitoring
- Market Analysis, Insights and Forecast – By Solution
TOC Continued…!
Speak to Our Expert:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/drone-in-a-box-market-108470
Key Industry Development:
- June 2022: BASF and Azur Drones completed the deployment of the Skeyetech drone-in-a-box solution at a major BASF chemical site, enhancing security and supporting operations on sensitive sites.
Read Related Insights:
Unmanned Aerial Vehicle Market to Worth USD 25.13 Billion by 2027 | UAV Industry to Grow at 12.23% CAGR
Commercial Drone Market Worth USD 47.38 Billion by 2029 | Increasing Demand for Small
Drone Services Market to Hit USD 189.4 Billion by 2030 | With a CAGR 38.9%
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner,
Mahalunge Road, Baner, Pune – 411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Follow Us: LinkedIn | Facebook | Twitter