Indonesia Drone Market - Forecasts from 2024 to 2029

Indonesia's Drone market is anticipated to grow at a compound annual growth rate (CAGR) of 6.30% over the forecast period to reach US$11.798 million by 2029, increasing from US$7.694 million in 2022.

The Indonesian drone market is undergoing an exciting phase of growth, driven by a convergence of economic, technological, and societal factors. Key drivers shaping this landscape.

Indonesia is actively nurturing its domestic drone industry, particularly for military applications such as border patrol and surveillance. The government's substantial investment in defence, with a budget allocation of $9.3 billion in 2022 and plans for a proposed $125 billion in loans to modernize the military, serves as a significant catalyst for market stimulation.

The proliferation of high-speed internet via broadband connections plays a pivotal role in facilitating real-time data transmission from drones. This capability is crucial for analyzing critical information on crop health, soil conditions, and infrastructure inspections during drone operations, enabling swift decision-making. Indonesia's robust broadband infrastructure, boasting a total subscription of 1,34,43,856 in 2022, surpassing Malaysia's 42,24,300 subscriptions, further enhances the efficiency of drone-based applications. In 2022, there were 124 mobile-cellular subscriptions per 100 inhabitants.

Moreover, the increasing awareness among businesses and individuals about the myriad benefits and capabilities of drones drives market growth. Educational initiatives aimed at training pilots and operators contribute to this awareness, fostering a deeper understanding of drones' potential applications. As a result, demand for drone technology continues to surge across various sectors, propelling innovation, investment, and expansion opportunities within the Indonesian market.

Key Players:

• Halo Robotics stands out in the Indonesian drone market with its commitment to innovation and versatility. Specializing in providing advanced drone solutions across various sectors, Halo Robotics ensures reliability and efficiency in its products. Their drones are tailored to meet diverse industry needs, ranging from agriculture to construction, making them a preferred choice for businesses seeking cutting-edge aerial solutions in Indonesia.
• Terra Drone Corp holds a prominent position in Indonesia's drone industry, renowned for its global expertise and comprehensive services. Specializing in aerial data acquisition, Terra Drone offers advanced solutions for industries such as mining, agriculture, and infrastructure development. With a focus on cutting-edge technology and precision, Terra Drone continues to redefine the landscape of drone services in Indonesia, providing clients with reliable and accurate data for informed decision-making.
• MSDI is emerging as a competitive player in Indonesia's drone market, offering cost-effective and efficient aerial solutions for various applications. With a focus on affordability and reliability, MSDI caters to the needs of industries ranging from environmental monitoring to disaster management. Leveraging its expertise in drone technology, MSDI aims to provide accessible and practical solutions to businesses and organizations across Indonesia, contributing to the growth and development of the drone industry in the region.

Segmentation:

By Component

• Hardware
• Software

By Product Type:

• Fixed Wing Drone
• Rotary Blade Drone
• Hybrid Drone

By EU Classified Weight Class

• C0
• C1
• C2
• C3
• C4
• Others

By Application

• Commercial Drone
• Government
• Energy
• Military and Defense
• Construction
• Agriculture
• Security and surveillance
• Others
• Consumer Drone
• Hobby and Gaming
• Aerial Photography

By State

• Jakarta
• Sumatra
• Java
• Sulawesi
• Others