PUBLISHER: Allied Market Research | PRODUCT CODE: 1097644
PUBLISHER: Allied Market Research | PRODUCT CODE: 1097644
The payload is the amount of weight that a drone or unmanned aerial vehicle (UAV) can transport. It is typically counted in addition to the weight of the drone and includes anything extra to the drone, such as extra sensors, parcels for delivery, or cameras. In addition, payloads are one of the unmanned aircraft system (UAS) subsystems that are installed on unmanned aircraft vehicles (UAV) and can be operated by a remote control system or the ground stations. Payloads, such as LiDAR, sensors, cameras, and others stay physically attached to the UAV during the mission, but their contribution is critical to mission success. However, some dispensable payloads can be released from the aerial vehicle during flight, based on a signal received from the radio controller or ground station.
The drone payload market experiences immense growth, which is driven by promising growth rate of the drone market, increase in demand for improved surveillance, and increase in market for location-based services. However, privacy and security concerns, high-resolution satellite imagery, and strict drone regulations factors are expected to restrain the growth of the drone payloads market during the forecast period. On the contrary, increase in application areas for GPS, LiDAR, mapping services, and others, improvement in drone payload technologies, and rise in defense expenditure globally are the major factors that are expected to supplement the drone payloads market, thereby providing a better opportunity for the growth of the drone payloads market during the forecast period.
The drone payload market is segmented based on application, type, and region. On the basis of application, it is classified into defense, agriculture and environment, media and entertainment, energy, government, construction and archaeology, and others. By type, the market is segmented into cameras & sensors, radar & communication, and weaponry. The market is analyzed across four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in this report include, AeroVironment Inc., Autel Robotics, DJI Technology, Draganfly Inc., Elbit Systems Ltd., Israel Aerospace Industries Ltd. (IAI), IMSAR LLC, Northrop Grumman Corporation, Parrot SA, and Teledyne FLIR LLC.
The drivers, restraints, and opportunities present in the market are explained in the report, in addition to the analysis of their impact. The report includes the study of the drone payload market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
By Application
By Type
By Region