Dublin, June 29, 2023 (GLOBE NEWSWIRE) -- The "Public Safety Drone Market by Type, Mode of operation, Platform, Application (Police Operations & Investigations, Firefighting & Disaster Management, Border Management, Traffic Monitoring, Maritime security, Delivery) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The public safety drone market is projected to grow from USD 1.1 billion in 2023 to USD 2.0 billion by 2028, at a CAGR of 13.0% from 2023 to 2028
Public safety drones find applications in tasks such as inspection, surveillance, aerial photography for film and journalism, search and rescue missions, cross-border surveillance, strategic planning, mapping inaccessible areas, and weather forecasting. The global demand for drones has witnessed significant growth in recent years, with individuals, commercial entities, military organizations, and government agencies utilizing them for diverse purposes.
Rising demand for public safety drones, with their use in the effective mapping of dangerous terrains and quick data gathering, is expected to fuel the growth of the market for public safety drones in the coming years.
Based on the type, the Fixed wing segment is to grow at a higher CAGR during the forecast period.
Based on type, the public safety drone market has been classified into fixed-wing, rotary-wing, and hybrid-wing. The fixed-wing segment is to grow at a higher CAGR during the forecast period.
Fixed-wing public safety drones cover larger regions and can stay in the air for longer periods of time, making them especially useful in search and rescue missions, disaster assessment, and surveillance activities. Fixed-wing drones perform better in harsh weather situations than most multi-rotor drones.
Their ability to fly at greater altitudes and steadiness in severe winds make them ideal for missions in tough terrain, coastal areas, or remote locales. Fixed-wing drones have a greater cargo capacity than multi-rotor drones.
Based on the mode of operation, the fully autonomous segment is to grow at the highest CAGR during the forecast period.
Based on the mode of operation segment, the public safety drone market has been classified into semi-autonomous and fully autonomous. The fully autonomous segment is to grow at the highest CAGR during the forecast period.
This is due to fully autonomous drones offering enhanced automation, reduced operator workload, improved reliability, scalability, and the ability to operate continuously. They can execute pre-programmed flight paths and tasks without human intervention, making them suitable for large-scale and uninterrupted operations.
North America is expected to hold the highest market share.
North America is projected to lead the public safety drone market in 2023. The US is the largest market for public safety drone market in North America. North America is a politically stable region owing to the stable governments of countries in the region.
The US and Canada have good business relations and are home to some key players operating in the public safety drone market. The stability and public safety regulations in North America attract a number of tourists and businesses. North America has been at the forefront of the technological revolution taking place globally.
Canada and the US are pioneers in science and technology. Drones have been used for a long time in defense and commercial sectors worldwide. Since the beginning, the region has been a leader in technological advancements. Though North America faced competition from some other developed and developing regions, it continues to retain its supremacy in the technological field.
Competitive landscape
The major players in the Public Safety Drone market mainly resorted to contracts to drive their growth. They also entered new markets by launching technologically advanced and cost-effective products. DJI (China), Autel Robotics (China), Skydio Inc (US), Parrot Drone SAS (France), and Teledyne FLIR LLC (US) are some of the leading players in the market who adopted this strategy.
An increase in the demand for advanced Public Safety Drone products and the growth of emerging markets have encouraged companies to adopt this strategy to enter new regions.
Key Attributes:
Report Attribute | Details |
No. of Pages | 236 |
Forecast Period | 2023 - 2028 |
Estimated Market Value (USD) in 2023 | $1.1 Billion |
Forecasted Market Value (USD) by 2028 | $2 Billion |
Compound Annual Growth Rate | 13.0% |
Regions Covered | Global |
Company Profiles
- Aerovironment Inc.
- Autel Robotics
- Brinc Drones Inc.
- Dji
- Doosan
- Elbit Systems
- Lockheed Martin Corporation
- Parrot
- Skydio
- Yuneec
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 Recession Impact on Market Analysis
5.4 Public Safety Drone Ecosystem
5.4.1 Company vs Market Heatmap
5.4.2 Prominent Companies
5.4.3 Private and Startup Companies
5.4.4 End-users
5.5 Value Chain Analysis
5.6 Trends/Business Impacting Customer Business
5.6.1 Revenue Shifts and New Revenue Pockets for Manufacturers/Suppliers
5.7 Porter's Five Force Analysis
5.8 Tariffs and Regulations
5.8.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.9 Trade Analysis
5.10 Key Conferences & Events in 2023-2024
5.11 Key Stakeholders & Buying Criteria
5.11.1 Key Stakeholders in Buying Process
5.11.2 Buying Criteria
6 Industry Trends
6.1 Introduction
6.2 Technological Trends
6.3 Use Case Analysis: Public Safety Drone
6.4 Technology Analysis
6.5 Impact of Megatrend
6.6 Patent Analysis
7 Public Safety Drone, by Type
7.1 Introduction
7.2 Fixed Wing
7.3 Rotary Wing
7.3.1 Single Rotor
7.3.1 Bi-Copters
7.3.2 Tri-Copters
7.3.3 Quadcopters
7.3.4 Hexacopters
7.3.5 Octocpters
7.4 Hybrid
8 Public Safety Drone, by Platform
8.1 Introduction
8.3 Micro (25Gm-2 KG)
8.4 Small (2Kg-25Kg)
9 Public Safety Drone, by Mode of Operation
9.1 Introduction
9.2 Semi-Autonomous
9.3 Fully Autonomous
10 Public Safety Drone, by Application
10.1 Introduction
10.2 Border Management
10.3 Traffic Monitoring
10.4 Firefighting & Disaster Management
10.5 Police Operations & Investigations
10.5.1 Crime Scene -Photography
10.5.2 Investigating Armed and Dangerous Suspects
10.5.3 Bombs and Materials Observatory
10.5.4 Fugitive Apprehension
10.5.5 Crowd Monitoring
10.5.6 Surveillance
10.5.7 Search & Rescue
10.6 Maritime Security
10.7 Delivery
11 Regional Analysis
11.1 Introduction
11.1.1 PESTLE Analysis
11.1.2 Recession Impact Analysis
12 Competitive Landscape
12.1 Introduction
12.1.1 Market Evaluation Framework
12.2 Market Ranking Analysis
12.3 Market Share Analysis
12.4 Company Product Footprint Analysis
12.5 Company Evaluation Quadrant
12.5.1 Star
12.5.2 Pervasive
12.5.3 Emerging Leader
12.5.4 Participant
12.5.5 Competitive Benchmarking
12.6 SMEs/Startups Matrix
12.6.1 Progressive Company
12.6.2 Responsive Company
12.6.3 Starting Block
12.6.4 Dynamic Company
12.6.5 Competitive Benchmarking
12.7 Revenue Analysis of Top Five Market Players
12.8 Competitive Scenario
12.9 Key Market Developments
12.9.1 Contracts
12.9.2 New Product Launches
12.9.3 Agreements, Partnerships, and Joint Ventures
For more information about this report visit https://www.researchandmarkets.com/r/rrfdu5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment