Dublin, July 05, 2024 (GLOBE NEWSWIRE) -- The "Remote Sensing UAVs - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Remote Sensing UAVs was valued at an estimated US$2.9 Billion in 2023 and is projected to reach US$3.7 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The integration of AI and machine learning algorithms to process and analyze UAV-collected data is becoming more common, enhancing the accuracy and usability of remote sensing information. The development of hybrid UAVs, which combine the benefits of fixed-wing and rotary-wing designs, is gaining popularity, offering longer flight times and better maneuverability.
Advances in sensor technology have led to the miniaturization of high-resolution cameras, LiDAR, and multispectral sensors, increasing the capabilities of smaller UAVs. Regulatory advancements and technological improvements are expanding BVLOS (Beyond Visual Line of Sight) operations, allowing UAVs to cover larger areas and undertake more complex tasks.
UAVs are also being increasingly used in urban planning and smart city development for 3D mapping, infrastructure inspection, and traffic monitoring. Improvements in battery technology are extending UAV flight times, enabling longer missions and more extensive data collection. Collaboration between UAV manufacturers, software developers, and end-users is driving innovation and the creation of more integrated remote sensing solutions.
The adoption of swarm technology, where multiple UAVs operate together to cover large areas or complex environments, is emerging as a way to enhance data collection efficiency. Furthermore, the commercial sector is increasingly utilizing UAVs for real estate photography, media production, and advertising. As UAV usage grows, there is a heightened focus on regulatory compliance and safety enhancements to mitigate operational risks.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Military End-Use segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 3.2%. The Commercial & Civil End-Use segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $792.6 Million in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $750.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Remote Sensing UAVs Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Remote Sensing UAVs Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Remote Sensing UAVs Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AeroVironment, Inc., Aolan Drone Science and Technology Co., Ltd., Boeing Company, The, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $3.7 Billion |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Remote Sensing UAVs - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Advances in Drone Technology Propel Growth and Innovation in Remote Sensing Capabilities
- Increasing Demand for Precision Agriculture Expands Addressable Market Opportunity for UAV Solutions
- Rising Use of UAVs in Environmental Monitoring Spurs Market Growth and Technological Development
- Growing Applications of UAVs in Infrastructure and Construction Accelerate Demand and Usage
- Integration of AI and Machine Learning with UAVs Enhances Data Analysis Capabilities and Accuracy
- Real-time Disaster Management Applications Highlight UAV Utility in Emergency Response Scenarios
- Miniaturization of High-Resolution Sensors Throws the Spotlight on Enhanced UAV Capabilities
- Expansion of BVLOS (Beyond Visual Line of Sight) Operations Drives Adoption of Advanced UAV Systems
- Urban Planning and Smart City Initiatives Propel Demand for UAVs in Infrastructure Management
- Advancements in Battery Technology Sustain Growth and Extend UAV Flight Times and Applications
- Adoption of Swarm Technology Improves Data Collection Efficiency and Coverage
- Increasing Commercial Use Cases of UAVs Propels Market Growth in Real Estate and Media
- Enhanced Security Features in UAV Systems Strengthen Business Case for Remote Sensing Applications
- Technological Innovations in Data Processing Propel Market Dynamics and Analytical Capabilities
- Growing Demand for High-Resolution Imaging Expands Addressable Market for UAV Remote Sensing
- Advances in LiDAR and Multispectral Sensors Drive Adoption of UAVs in New Sectors and Applications
- Integration with Industrial IoT (IIoT) Platforms Expands Addressable Market Opportunity for UAVs
- Demand for Real-time Monitoring and Analytics Generates Market Opportunities for UAV Solutions
FOCUS ON SELECT PLAYERS(Total 44 Featured)
- AeroVironment, Inc.
- Aolan Drone Science and Technology Co., Ltd.
- Boeing Company, The
- Elbit Systems Ltd.
- General Atomics Aeronautical Systems, Inc.
- GRYFN
- Headwall Photonics, Inc.
- Homeland Surveillance & Electronics LLC
- Honeywell Aerospace Technologies
- Klohn Crippen Berger
- Lockheed Martin Corporation
- Sentera Sensors & Drones
- Tersus GNSS
- Vicor Corporation
- Zhuhai Ziyan Unmanned Aerial Vehicle Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/6tnwaw
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