Drone Payload Market Forecast till 2027

Description

Drone Payload Market Forecast till 2027

Market Overview

The Drone Payload market is anticipated to register a CAGR of over 15.35% during the review period. The payload of drones used for business applications is greater than the ones used for individual purposes. The payload of UAVs used in the business region consolidates letters, blowouts, prescriptions, and various groups for movement. Regardless, huge limitations of the drone payload market integrate insurance issues and public security rules.

F-Drones is the essential firm in Singapore to get approval from the Normal Aviation Authority of Singapore (CAAS) to pass medicine on to cargo ships past visual view (BVLOS). To avoid direct human touch and diminish helicopter costs by 80% to 90 percent in an innocuous to the ecosystem way, the drone passed Supplements on to cargo ships. Following the Covid, which means stopping the spread of Coronavirus, the drone business is seeing a flood of prominence for free drones.

A drone is comprehensively seen as a device that may be used to find wonderful flying pictures and unrivaled quality films for various purposes all over. Pictures and accounts got by drones are normally used in business associations like media, entertainment, and perception. The rising care is touching off a business perspective, with associations placing assets into drone development giving close thought.

Segment Overview

The worldwide Drone Payload market has been fragmented based on type, end-user, application, and region.

In view of the sort, the market has been divided into (EO/IR, Cameras, SAR, SIGINT, ELINT, COMINT, MPR, Laser Sensors, CBRN Sensors, and Optronics. By end users, the drone payload market has been sectioned into safeguard and business. Based on use, the drone payload market has been fragmented into planning and studying, photography, observing, ISR, and others.

Regional Analysis

North America represented the biggest market share of around 39.90% in 2021. The drone market in North America is divided, with Birdseye View Aerobatics, DJI, Intel, and Drone Conveyance Canada among the main members. The drone business has just about 685 organizations in the US alone. Furthermore, the appearance of firms like as Letter set and Intel in the business drone area is projected to help market discontinuity before very long.

The Asia Pacific is a rapidly expanding regional market owing to the expanded military spending on drone payloads in nations like India and China. As well as expanding military UAV necessities in the two nations, their regular citizen markets are probably going to expand. Japan, South Korea, and Indonesia are among the nations doing whatever it takes to advance UAV exploration and homegrown assembling.

Major Players

Key players profiled in the global Drone Payload market include Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), AeroVironment (US), Lockheed Martin Corporation (US), BAE Systems Plc (UK), Parrot SA (France), Elbit Systems Ltd (Israel), Israel Aerospace Industries (Israel), and SZ DJI Technology Co., Ltd (China),

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 14

1.1 GLOBAL DRONE PAYLOAD MARKET, BY TYPE 16

1.2 GLOBAL DRONE PAYLOAD MARKET, BY END USERS 17

1.3 GLOBAL DRONE PAYLOAD MARKET, BY APPLICATION 18

1.4 GLOBAL DRONE PAYLOAD MARKET, BY REGION 19

2 MARKET INTRODUCTION 20

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 MARKET STRUCTURE 21

2.4 KEY BUYING CRITERIA 22

3 RESEARCH METHODOLOGY 23

3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 26

3.5 TOP DOWN & BOTTOM-UP APPROACH 26

3.6 FORECAST MODEL 27

3.7 LIST OF ASSUMPTIONS 28

4 MARKET INSIGHTS 29

5 IMPACT OF COVID-19 32

5.1 IMPACT OF COVID-19 ON GLOBAL ECONOMY 32

5.2 IMPACT OF COVID-19 ON THE GLOBAL DRONE PAYLOAD MARKET 32

5.3 SUPPLY CHAIN IMPACT 32

5.3.1 IMPACT ON MANUFACTURER/DEVELOPER 32

5.3.2 IMPACT ON COMPONENT/SERVICES SUPPLIER 33

5.3.3 IMPACT ON DISTRIBUTION/LOGISTICS 33

5.3.4 IMPACT ON CONSUMER 33

5.4 MARKET RECOVERY ANALYSIS 33

6 MARKET DYNAMICS 34

6.1 INTRODUCTION 34

6.2 DRIVERS 35

6.2.1 RISING DEMAND FOR IMPROVED SURVEILLANCE 35

6.2.2 GROWING DEMAND FOR MULTIPURPOSE COMMERCIAL DRONES EQUIPPED WITH PAYLOAD 35

6.2.3 DRIVERS IMPACT ANALYSIS 36

6.3 RESTRAINTS 36

6.3.1 PRIVACY AND SECURITY CONCERNS 36

6.3.2 RESTRAINTS IMPACT ANALYSIS 37

6.4 OPPORTUNITIES 37

6.4.1 TECHNOLOGICAL ADVANCEMENTS IN DRONE PAYLOAD 37

6.5 CHALLENGE 38

6.5.1 LIMITED AIR TRAFFIC MANAGEMENT AND STRINGENT REGULATIONS 38

6.6 TRENDS 38

6.6.1 MINIATURIZATION OF SENSORS 38

7 MARKET FACTOR ANALYSIS 39

7.1 SUPPLY/VALUE CHAIN ANALYSIS 39

7.1.1 R&D 40

7.1.2 MANUFACTURING 40

7.1.3 DISTRIBUTION & SALES 40

7.1.4 POST-SALES MONITORING 40

7.2 PORTER’S FIVE FORCES MODEL 41

7.2.1 THREAT OF NEW ENTRANTS 42

7.2.2 BARGAINING POWER OF SUPPLIERS 42

7.2.3 BARGAINING POWER OF BUYERS 42

7.2.4 THREAT OF SUBSTITUTES 42

7.2.5 INTENSITY OF RIVALRY 42

8 GLOBAL DRONE PAYLOAD MARKET, BY TYPE 43

8.1 OVERVIEW 43

8.2 GLOBAL DRONE PAYLOAD MRKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE, 2020-2030 45

8.2.1 GLOBAL DRONE PAYLOAD MARKET SIZE: MARKET ESTIMATES & FORECAST BY TYPE, 2020-2030 45

9 GLOBAL DRONE PAYLOAD MARKET, BY END USER 46

9.1 OVERVIEW 46

9.2 GLOBAL DRONE PAYLOAD MARKET SIZE: MARKET ESTIMATES & FORECAST BY END USER, 2020-2030 47

9.2.1 GLOBAL DRONE PAYLOAD MARKET SIZE: MARKET ESTIMATES & FORECAST BY END USER, 2020-2030 47

10 GLOBAL DRONE PAYLOAD MARKET, BY APPLICATION 48

10.1 OVERVIEW 48

10.2 GLOBAL DRONE PAYLOAD MARKET SIZE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2030 49

10.2.1 GLOBAL DRONE PAYLOAD MARKET SIZE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2030 49

11 GLOBAL DRONE LOGISTICS AND TRANSPORATION MARKET, BY REGION 50

11.1 OVERVIEW 50

11.2 NORTH AMERICA 52

11.2.1 U.S. 55

11.2.2 CANADA 56

11.3 EUROPE 57

11.3.1 GERMANY 60

11.3.2 FRANCE 61

11.3.3 ITALY 62

11.3.4 SPAIN 63

11.3.5 U.K 64

11.3.6 RUSSIA 65

11.3.7 POLAND 66

11.3.8 REST OF EUROPE 67

11.4 ASIA PACIFIC 68

11.4.1 CHINA 71

11.4.2 INDIA 72

11.4.3 JAPAN 73

11.4.4 AUSTRALIA & NEW ZEALAND 74

11.4.5 REST OF ASIA PACIFIC 75

11.5 MIDDLE EAST & AFRICA 76

11.5.1 GCC 79

11.5.2 ISRAEL 80

11.5.3 NORTH AFRICA 81

11.5.4 TURKEY 82

11.5.5 REST OF MIDDLE EAST & AFRICA 83

11.6 LATIN AMERICA 84

11.6.1 BRAZIL 87

11.6.2 MEXICO 88

11.6.3 ARGENTINA 89

11.6.4 REST OF LATIN AMERICA 90

12 COMPETITIVE LANDSCAPE 91

12.1 COMPETITIVE OVERVIEW 91

12.2 COMPETITIVE BENCHMARKING 92

12.3 MAJOR PLAYERS IN THE GLOBAL DRONE PAYLOAD MARKET 93

12.4 MAJOR GROWTH STRATEGIES IN THE GLOBAL DRONE PAYLOAD MARKET 94

12.5 KEY DEVELOPMENTS & GROWTH STRATEGIES 94

12.5.1 COLLABORATIONS AND ACQUISTIONS 94

12.6 KEY DEVELOPMENTS & GROWTH STRATEGIES 95

12.6.1 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL 95

13 COMPANY PROFILES 96

13.1 LOCKHEED MARTIN CORPORATION 96

13.1.1 COMPANY OVERVIEW 96

13.1.2 FINANCIAL OVERVIEW 97

13.1.3 PRODUCTS OFFERED 97

13.1.4 SWOT ANALYSIS 99

13.1.5 KEY STRATEGIES 99

13.2 BAE SYSTEMS 100

13.2.1 COMPANY OVERVIEW 100

13.2.2 FINANCIAL OVERVIEW 101

13.2.3 PRODUCTS OFFERED 101

13.2.4 KEY DEVELOPMENTS 103

13.2.5 SWOT ANALYSIS 103

13.2.6 KEY STRATEGIES 103

13.3 NORTHROP GRUMMAN CORPORATION 104

13.3.1 COMPANY OVERVIEW 104

13.3.2 FINANCIAL OVERVIEW 105

13.3.3 PRODUCTS/SERVICES OFFERED 106

13.3.4 SWOT ANALYSIS 106

13.3.5 KEY STRATEGIES 106

13.4 ELBIT SYSTEMS LTD 107

13.4.1 COMPANY OVERVIEW 107

13.4.2 FINANCIAL OVERVIEW 108

13.4.3 PRODUCTS/SERVICES OFFERED 109

13.4.4 KEY DEVELOPMENTS 109

13.4.5 SWOT ANALYSIS 110

13.4.6 KEY STRATEGIES 110

13.5 THALES GROUP 111

13.5.1 COMPANY OVERVIEW 111

13.5.2 FINANCIAL OVERVIEW 112

13.5.3 PRODUCTS OFFERED 113

13.5.4 KEY DEVELOPMENTS 113

13.5.5 SWOT ANALYSIS 114

13.5.6 KEY STRATEGIES 114

13.6 ISRAEL AEROSPACE INDUSTRIES 115

13.6.1 COMPANY OVERVIEW 115

13.6.2 FINANCIAL OVERVIEW 115

13.6.3 PRODUCTS/SERVICES OFFERED 116

13.6.4 SWOT ANALYSIS 117

13.6.5 KEY STRATEGIES 117

13.7 AEROVIRONMENT, INC. 118

13.7.1 COMPANY OVERVIEW 118

13.7.2 FINANCIAL OVERVIEW 119

13.7.3 PRODUCTS/SERVICES OFFERED 120

13.7.4 KEY DEVELOPMENTS 120

13.7.5 SWOT ANALYSIS 121

13.7.6 KEY STRATEGIES 121

13.8 PARROT S.A. 122

13.8.1 COMPANY OVERVIEW 122

13.8.2 FINANCIAL OVERVIEW 122

13.8.3 PRODUCTS/SERVICES OFFERED 123

13.8.4 KEY DEVELOPMENTS 124

13.8.5 SWOT ANALYSIS 124

13.8.6 KEY STRATEGIES 124

13.9 RAYTHEON TECHNOLOGIES CORPORATION 125

13.9.1 COMPANY OVERVIEW 125

13.9.2 FINANCIAL OVERVIEW 126

13.9.3 PRODUCTS/SERVICES OFFERED 126

13.9.4 KEY DEVELOPMENTS 127

13.9.5 SWOT ANALYSIS 127

13.9.6 KEY STRATEGIES 127

13.10 SZ DJI TECHNOLOGY CO., LTD. 128

13.10.1 COMPANY OVERVIEW 128

13.10.2 PRODUCTS/SERVICES OFFERED 128

13.10.3 SWOT ANALYSIS 129

13.10.4 KEY STRATEGIES 129

14 APPENDIX 130

14.1 REFERENCES 130″