Electric Drone Market 2018 Global Industry Analaysis By Size, Share, Trends, Growth, Segments, Regions and Key Players: AgEagle, Agribotix, Airinov, Festo, Gamaya, Headwall, senseFly, Yanmar, Trimble

“\”Electric Drone\””
Global Electric Drone Market Information Report by Surveillance Mission (Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, and Others), by Application (Commercial and Civil, and Military), by Payload (Electro-Optical/Infrared Sensors, Camera, Electronic Intelligence, Electronic Warfare, and Others) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) – Forecast to 2023

Global Electric drone Market To Expand Significantly With Rapid Advancement In UAV Technology

Market Overview:

The advent of advanced technology has upgraded the unmanned aerial vehicles to function efficiently with more compact size and lightweight. Drones are such unmanned aerial vehicles that are designed to complete tasks autonomously or with the help of human assistance. According to the report published by Market Research Future (MRFR), the global electric drone market is registered to expand significantly till the year 2023.

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Market Drivers and Restraints:

Advanced electric drones are equipped with high-resolution cameras, GPS and other sensors. Increasing use of electric drones for surveillance and spy missions by military and defense sector is fueling the growth of the global electric drone market. Rise in popularity of electric drones in photography and videography projects and also in wildlife protection programs as they provide an aerial view of non-reachable areas are driving the global electric drone market.

Recent advancements in drone technology have enhanced the commercial use of electric drones. Application of electric drones for product delivery by e-commerce platforms is leading to the significant expansion of the global electric drone market. However, increasing complexities in design, high cost of device and need for regular maintenance are likely to impact negatively on the expansion of the global electric drone market during the forecast period.

Recent Industry Updates:

In September 2018, Eversource, New England’s largest energy provider, has announced the start of a new program where unmanned aerial drones will conduct regular inspection of power lines and other hard-to-reach infrastructures. 

In September 2018, Global Energy Transmission, a U.S. corporation with its development center in Russia, has announced the launch of inductive charging system that charges drone batteries in flight. 

In September 2018, PureTech Systems, a wide-area perimeter surveillance software solutions provider, has launched its latest security drone, which can be dispatched automatically to an alarm location. 

2017 – ‘Xiaomi’ does not need any introduction. It is one of the fastest and leading smartphone & electronic companies. The firm is known for innovations, with its recent launch being ‘XIAOMI Mi Drone 4K’. This drone comes with 4K, Wi-Fi, FPV, and RC Quadcopter features. It provides some of the best aerial images.

Key Players:

The prominent players that are profiled by MRFR in the report on the global electric drone market are:

  • AgEagle (the U.S.)
  • Agribotix (the U.S.)
  • Airinov (France)
  • Festo (Germany)
  • Gamaya (Switzerland)
  • Headwall (the U.S.)
  • LeddarTech (Quebec)
  • MicaSense (the U.S.)
  • Novariant (the U.S.)
  • Parrot (France)
  • senseFly (Switzerland)
  • Shadow Robotics (the U.K.)
  • Trimble (the U.S.)
  • URSULA Agriculture (the U.K,)
  • Yanmar (Japan)
  • Yara (Norway)

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Market Segmentation:

The global electric drone market has been segmented on the basis of surveillance mission, application and payload. Based on surveillance mission, the electric drone market has been segmented into border surveillance, natural disasters, illegal traffic monitoring, and others. Based on application, the electric drone market has been segmented into commercial and civil, and military. Based on payload, the electric drone market has been segmented into electro-optical/infrared sensors, camera, electronic intelligence, electronic warfare, and others. 

Regional Analysis:

Geographically, the global electric drone market has been segmented into five major regions such as North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. The North America region is projecting dominance over the global electric drone market owing to the high demand for advanced electronic devices in the military defense sector and increasing investment by the government for development of lightweight, small-sized and highly functional electric drones for surveillance purposes in this region. 

Increasing use of electric drone for commercial as well as recreational purposes is driving the electric drone market in the Europe Region. Extensive use of electric drones in wildlife protection programs, photography projects and increasing focus on the development of consumer-friendly electric drones are resulting in the significant growth of electric drone market in the Asia Pacific region. Lack of penetration of advanced technology in the underdeveloped areas of the Middle East and Africa region is hampering the growth of the electric drone market in this region.

Intended Audience

  • Distributers & Supplier companies
  • End Users
  • Consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities

Table of Contents :

1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:

2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research

3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators

4 Market Factor Analysis

Continued……….

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