Introduction
The market for drones is growing rapidly as more and more industries discover their potential uses. One industry that is beginning to make use of drones is the earth observation market. Drones are well-suited for this purpose as they can cover large areas quickly and efficiently. This report provides an overview of the global earth observation drone market, including market size and forecast for the period from 2022 to 2029. It also covers key trends and opportunities in the market.
The rising demand for accurate and timely data for mapping, surveying, land management, agricultural applications, and disaster management is one of the major factors driving the growth of the market. The increasing use of drones equipped with high-resolution cameras and sensors for collecting accurate data is propelling the market growth. Furthermore, declining drone prices and the availability of easy-to-use drone platforms are further fueling the market demand.
However, stringent government regulations regarding airspace safety and privacy concerns associated with drone usage are some of the major factors restraining the growth of the market.
This report segments the global earth observation drones market by platform type, offering, application, and geography. The fixed-wing segment is expected to grow at the highest CAGR during the forecast period owing to their longer flight duration as compared to multirotor drones.
Among offerings, the hardware segment is expected to hold a larger share of the market during the forecast period due to the increasing adoption of ready-to-fly (RTF) drones equipped with advanced payloads such as high-resolution cameras and thermal imaging sensors.
Market Overview
The global Earth Observation Drones Market is estimated to be valued at USD $9,014.6 Million in 2021 and is expected to reach USD $18,214.9 Million by 2029, growing at a CAGR of 6.88% during the forecast period. The market is driven by factors such as the increasing demand for high-resolution images and data, government regulations and policies, and technological advancements.
Drones are increasingly being used for earth observation applications such as mapping, surveying, agricultural monitoring, disaster management, and others. The growing demand for high-resolution images and data is one of the major drivers for the growth of the Earth Observation Drones Market. With the help of drones, businesses can obtain accurate data and images without incurring high costs. Additionally, government regulations and policies are promoting the use of drones for earth observation activities. For instance, in December 2018, the European Commission adopted new rules that will allow member states to use drones for environmental monitoring purposes.
The market is segmented by type into fixed-wing drones and rotary-wing drones. The fixed-wing drones segment is expected to grow at a higher CAGR during the forecast period owing to their longer flight time and larger payload capacity as compared to rotary-wing drones. The market is also segmented by application into mapping & surveying, agricultural monitoring, disaster management & response, construction site monitoring & management, power line & pipeline inspection, and others.
This growth is attributed to the increasing demand for data collection and analysis in various industries such as agriculture, construction, and mining. Additionally, the advent of new technologies such as LiDAR and hyperspectral imaging is expected to drive market growth.
The report provides an extensive analysis of the earth observation drones market trends and dynamics, which are expected to impact the market growth over the forecast period. It also includes a detailed segmentation of the market based on type, application, and geography.
The construction industry is one of the major end users of earth observation drones. The use of these drones helps in reducing project costs and timelines by providing accurate data for site selection, mapping, and progress tracking. Additionally, they are also used for inspecting hard-to-reach areas, such as roofs and chimneys. The mining industry is another major end user of these drones. They are used for mapping large mine sites, assessing environmental impact, and monitoring safety hazards.
North America is expected to be the largest market for earth observation drones due to the presence of a large number of construction and mining companies in the region. Additionally, the region has been at the forefront of adopting new technologies, which is expected to drive market growth over the forecast period. Europe is another key market for these drones due to the increasing demand from the agricultural sector. Asia Pacific is expected to be the fastest-growing market.
Report Includes
An overview of the global Earth Observation Drones Market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Earth Observation Drones Market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Earth Observation Drones Market and comprehensive profiles of leading companies in the industry
Report ScopeThe report forecasts the size of the Earth Observation Drones Market for components from 2022 through 2029
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and Porter's five forces analysis. This chapter provides a detailed insight into the market which derives the market trends, changing phase of investments, and scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, data triangulation and market breakdown procedures are being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation AnalysisThe market for earth observation drones is segmented by application, end user, and geography.
Applications for earth observation drones include mapping and surveying, agricultural monitoring, forest management, disaster management, and others. The mapping and surveying applications segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing demand for high-precision maps from various end-users such as governments, construction companies, and mining companies.
The end users of earth observation drones include government agencies, commercial entities, and academic institutions. Government agencies are expected to be the largest end-user of earth observation drones during the forecast period. This growth can be attributed to the increasing use of these drones by government agencies for various applications such as disaster management, border security, agricultural monitoring, and others.
The market for earth observation drones is segmented on the basis of geography into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. North America is expected to be the largest market for earth observation drones during the forecast period due to the early adoption of these technologies in this region. The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period due to the increasing investment by government agencies in this region for various applications such as agricultural monitoring, disaster management, and others.
Global Earth Observation Drones Market Competitive Analysis:Key players in the Global Earth Observation Drones Market are DJI ,Parrot Drone SAS,Lockheed Martin Corporation ,AeroVironment, Inc.,General Atomics Aeronautical Systems, Inc.,Northrop Grumman Corporation,Embention,Hubsan,INSITU,AgEagle Aerial Systems Inc.,Autel Robotics,Ehang,Raytheon Technologies Corporation ,Drone Volt S.A.,Plymouth Rock Technologies among others players.
*All our reports are customizable as per customer requirementsThis study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The Global Earth Observation Drones Market is distributed on the basis of the below-mentioned segments:
Global Earth Observation Drones Market, By Type:
Global Earth Observation Drones Market, By Application:
- Environmental Monitoring
- Disaster Management
- Surveying and Mapping
- Search and Rescue
- Surveillance and Reconnaissance
- Industrial Inspection and Monitoring
- Agriculture and Forestry
- Cinematography
Global Earth Observation Drones Market, By End-User:
- Military
- Civil Government
- Commercial
- Cinematography
- Other
Global Earth Observation Drones Market, By Region:
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
List of Figures
Figure 1: Global Earth Observation Drones Market Revenue Breakdown (USD Billion, %) by Region, 2022 & 2029
Figure 2: Global Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 3: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 4: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 5: Global Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 6: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 7: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 8: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 9: Global Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 10: Global Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 11: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 12: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 13: Global Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 14: Global Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 15: Global Earth Observation Drones Market Value (USD Billion), by Region, 2022 & 2029
Figure 16: North America Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 17: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 18: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 19: North America Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 20: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 21: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 22: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 23: North America Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 24: North America Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 25: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 26: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 27: North America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 28: North America Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 29: North America Earth Observation Drones Market Forecast (USD Billion), by U.S., 2018-2029
Figure 30: North America Earth Observation Drones Market Forecast (USD Billion), by Canada, 2018-2029
Figure 31: Latin America Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 32: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 33: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 34: Latin America Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 35: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 36: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 37: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 38: Latin America Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 39: Latin America Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 40: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 41: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 42: Latin America Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 43: Latin America Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 44: Latin America Earth Observation Drones Market Forecast (USD Billion), by Brazil, 2018-2029
Figure 45: Latin America Earth Observation Drones Market Forecast (USD Billion), by Mexico, 2018-2029
Figure 46: Latin America Earth Observation Drones Market Forecast (USD Billion), by Rest of Latin America, 2018-2029
Figure 47: Europe Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 48: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 49: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 50: Europe Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 51: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 52: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 53: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 54: Europe Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 55: Europe Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 56: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 57: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 58: Europe Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 59: Europe Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 60: Europe Earth Observation Drones Market Forecast (USD Billion), by U.K., 2018-2029
Figure 61: Europe Earth Observation Drones Market Forecast (USD Billion), by Germany, 2018-2029
Figure 62: Europe Earth Observation Drones Market Forecast (USD Billion), by France, 2018-2029
Figure 63: Europe Earth Observation Drones Market Forecast (USD Billion), by Italy, 2018-2029
Figure 64: Europe Earth Observation Drones Market Forecast (USD Billion), by Spain, 2018-2029
Figure 65: Europe Earth Observation Drones Market Forecast (USD Billion), by Russia, 2018-2029
Figure 66: Europe Earth Observation Drones Market Forecast (USD Billion), by Rest of Europe, 2018-2029
Figure 67: Asia Pacific Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 68: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 69: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 70: Asia Pacific Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 71: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 72: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 73: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 74: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 75: Asia Pacific Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 76: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 77: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 78: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 79: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 80: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by China, 2018-2029
Figure 81: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by India, 2018-2029
Figure 82: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Japan, 2018-2029
Figure 83: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Australia, 2018-2029
Figure 84: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Southeast Asia, 2018-2029
Figure 85: Asia Pacific Earth Observation Drones Market Forecast (USD Billion), by Rest of Asia Pacific, 2018-2029
Figure 86: Middle East & Africa Earth Observation Drones Market Value Share (%), By Segment 1, 2022 & 2029
Figure 87: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 88: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 89: Middle East & Africa Earth Observation Drones Market Value Share (%), By Segment 2, 2022 & 2029
Figure 90: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 91: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 92: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 93: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 94: Middle East & Africa Earth Observation Drones Market Value Share (%), By Segment 3, 2022 & 2029
Figure 95: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 1, 2018-2029
Figure 96: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 2, 2018-2029
Figure 97: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Sub-Segment 3, 2018-2029
Figure 98: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Others, 2018-2029
Figure 99: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by GCC, 2018-2029
Figure 100: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by South Africa, 2018-2029
Figure 101: Middle East & Africa Earth Observation Drones Market Forecast (USD Billion), by Rest of Middle East & Africa, 2018-2029
List of Tables
Table 1: Global Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 2: Global Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 3: Global Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 4: Global Earth Observation Drones Market Revenue (USD Billion) Forecast, by Region, 2018-2029
Table 5: North America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 6: North America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 7: North America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 8: North America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 9: Europe Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 10: Europe Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 11: Europe Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 12: Europe Earth Observation Drones Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 13: Latin America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 14: Latin America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 15: Latin America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 16: Latin America Earth Observation Drones Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 17: Asia Pacific Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 18: Asia Pacific Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 19: Asia Pacific Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 20: Asia Pacific Earth Observation Drones Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Table 21: Middle East & Africa Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2018-2029
Table 22: Middle East & Africa Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2018-2029
Table 23: Middle East & Africa Earth Observation Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2018-2029
Table 24: Middle East & Africa Earth Observation Drones Market Revenue (USD Billion) Forecast, by Country, 2018-2029
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
