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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1482053

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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1482053

India Drone Market by Platform (Civil and Commercial, Defense), Point of Sale (OEM, Aftermarket), Application (Military, Commercial, Government and Law Enforcement, Consumer), Systems and Industry - Forecast to 2029

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The market valuation for drones in India is expected to rise from USD 654 million in 2024 to USD 1,437 million by 2029, with a compound annual growth rate (CAGR) of 17.0% over the forecast period. The number of drone units in the Indian market is forecasted to increase significantly, from 10,803 units in 2024 to 61,393 units by 2029. This rapid expansion is fueled by a growing need for drones in various sectors such as agriculture, defense, and e-commerce. Government support and initiatives like the Drone Shakti scheme are also playing a crucial role in advancing the industry.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Million)
SegmentsBy Platform, Point of Sale, Application, Systems and Industry
Regions coveredIndia

"The platform segment is anticipated to dominate the market share during the forecast period"

This segment, which focuses on integrating critical drone components like the airframe, propulsion systems, avionics, and software, is expected to lead the market. There's growing demand for drones across various sectors including agriculture, defense, entertainment, and delivery services, which is likely to spur further investments in drone development and procurement, thereby significantly influencing the market growth for system platforms.

The logistics and transportation segment is projected to grow at the highest rate according to industry type.

The logistics and transportation segment is expected to experience the fastest growth rate among all sectors during the forecast period. This growth is mainly driven by the booming e-commerce sector, substantial investments in infrastructure development, and policy reforms aimed at improving trade facilitation. Additionally, the increasing urbanization and the necessity for efficient supply chain solutions to serve a broad and diverse market are set to boost this growth, positioning India as a crucial player in the global logistics and transportation arena."

"The OEM segment is anticipated to capture the largest market share by point of sale throughout the forecast period."

The leadership of the Original Equipment Manufacturer (OEM) sector in India's drone market is attributed to strong government backing for local production, high demand from both the military and commercial sectors, and advancements in homegrown drone technologies. The cost-effectiveness of drones manufactured in India, combined with their potential for export, further strengthens the OEM segment's dominant position in the market.

The break-up of the profile of primary participants in the India Drone market:

  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C Level - 35%, Director Level - 25%, Others-40%

Major Service providers in this market are India-based drone manufacturing companies, such as Paras Aerospace (India), ideaforge Technology Ltd. (India), Throttle Aerospace Systems Pvt. Ltd. (India), Garuda Aerospace (India), Asteria Aerospace Limited (India), General Aeronautics (India), and Newspace Research Technologies Pvt. Ltd. (India), Iotechworld (India), Adani Defense and Aerospace (India), Tata Advanced Systems Limited (India), Thanos (India), Dhaksha Unmanned Systems (India), Marut Dronetech Private Limited (India), Hubblefly Technologies (India), Raphe (India) like more than 25 companies have been analyzed based on different parameters, including product portfolios, recent developments, business strategies, and organic and inorganic growth, among others.

Research Coverage:

This research report categorizes the India Drone Market by Platform (Civil and commercial, and defense), By point of sale (OEM and Aftermarket), By Application (Military, commercial, Government, and Consumer), and By Industry (Defense and Security, Agriculture, Logistics and Transportation, Energy and Power, Construction and Mining, Media and Entertainment, Insurance, Wildlife and Forestry, and Academics and Research) and by systems (Platform, Payloads, Datalink, Ground Control Stations, Drone Launch and Recovery Systems).

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the India drone market. A detailed analysis of the key industry players has been done to provide insights into their business overview, Products, solutions, services, key strategies, Contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments associated with the drone market. This report covers the competitive analysis of Existing and upcoming startups in the India drone market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Military Vehicle Sustainment Service market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Favorable regulatory frameworks and government initiatives, Growing emphasis on precision farming, Surging demand for surveillance and border security drones, Increasing adoption of drones for commercial applications) restraints (High dependence on foreign suppliers, Data privacy, and security concerns) opportunities (Rising use of drones in logistics industry, Real-time traffic monitoring and management) challenges (Limited payload capacity, Complex integration of advanced technologies in drones) influencing the growth of the India Drone market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product and service launches in the India drone market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the India drone market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the India drone market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the India drone market
Product Code: AS 9021

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 INTRODUCTION
  • 1.2 STUDY OBJECTIVES
  • 1.3 MARKET DEFINITION
  • 1.4 STUDY SCOPE
    • 1.4.1 MARKETS COVERED
    • FIGURE 1 INDIA DRONE MARKET SEGMENTATION
    • 1.4.2 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
    • TABLE 1 USD EXCHANGE RATES
  • 1.6 INCLUSIONS AND EXCLUSIONS
    • TABLE 2 INCLUSIONS AND EXCLUSIONS
  • 1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 RESEARCH PROCESS FLOW
    • FIGURE 3 RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key insights from primary sources
      • 2.1.2.2 Key data from primary sources
  • 2.2 FACTOR ANALYSIS
    • 2.2.1 INTRODUCTION
    • 2.2.2 DEMAND-SIDE INDICATORS
    • TABLE 3 IMPACT OF DEMAND-SIDE INDICATORS
    • 2.2.3 SUPPLY-SIDE INDICATORS
    • TABLE 4 IMPACT OF SUPPLY-SIDE INDICATORS
  • 2.3 RESEARCH APPROACH AND METHODOLOGY
    • 2.3.1 BOTTOM-UP APPROACH
      • 2.3.1.1 Market size estimation and methodology
      • 2.3.1.2 Pricing analysis of drones
    • FIGURE 4 BOTTOM-UP APPROACH
    • 2.3.2 TOP-DOWN APPROACH
    • FIGURE 5 TOP-DOWN APPROACH
  • 2.4 DATA TRIANGULATION AND VALIDATION
    • 2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
    • FIGURE 6 DATA TRIANGULATION
  • 2.5 RESEARCH ASSUMPTIONS
  • 2.6 RESEARCH LIMITATIONS
  • 2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

    • FIGURE 7 PAYLOADS SEGMENT TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
    • FIGURE 8 DEFENSE AND SECURITY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    • FIGURE 9 COMMERCIAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    • FIGURE 10 OEM SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
    • FIGURE 11 MARKET FLOW IN INDIA DRONE MARKET, 2023 (USD MILLION)
    • FIGURE 12 MARKET SCENARIO ANALYSIS, 2020-2029

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDIA DRONE MARKET
    • FIGURE 13 FLOURISHING STARTUP SCENARIO AND STRONG GOVERNMENT SUPPORT TO DRIVE MARKET
  • 4.2 INDIA DRONE MARKET, BY SYSTEM
    • FIGURE 14 PLATFORMS SEGMENT TO RECORD LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.3 INDIA DRONE MARKET, BY PLATFORM
    • FIGURE 15 DEFENSE SEGMENT TO LEAD LARGEST MARKET SHARE DURING FORECAST PERIOD
    • FIGURE 16 SMALL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (UNITS)
  • 4.4 INDIA DRONE MARKET, BY POINT OF SALE
    • FIGURE 17 OEM SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.5 INDIA DRONE MARKET, BY INDUSTRY
    • FIGURE 18 DEFENSE AND SECURITY SEGMENT TO HOLD LARGEST MARKET SHARE FROM 2024 TO 2029
  • 4.6 INDIA DRONE MARKET, BY APPLICATION
    • FIGURE 19 MILITARY SEGMENT TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
    • FIGURE 20 EVOLUTION OF INDIA DRONE MARKET
  • 5.2 MARKET DYNAMICS
    • FIGURE 21 INDIA DRONE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Favorable regulatory frameworks and government initiatives
    • FIGURE 22 ROADMAP OF GOVERNMENT POLICIES AND REGULATORY FRAMEWORKS
    • FIGURE 23 GOVERNMENT INITIATIVES TO PROMOTE DRONE APPLICATIONS
      • 5.2.1.2 Growing emphasis on precision farming
    • FIGURE 24 AGRICULTURE DRONES AND THEIR BENEFITS
    • TABLE 5 AGRICULTURE DRONE USAGE, BY APPLICATION, 2023-2029
    • FIGURE 25 AGRICULTURE DRONE USAGE, BY DRONE TYPE, 2023-2029
      • 5.2.1.3 Surging demand for surveillance and border security drones
    • TABLE 6 DRONE INTRUSION CASES, 2021-2022
    • TABLE 7 SMALL MILITARY DRONES USED BY INDIAN ARMED FORCES
      • 5.2.1.4 Increasing adoption of drones for commercial applications
    • FIGURE 26 ADVANTAGES OF DRONES
    • FIGURE 27 APPLICATION-BASED BARRIERS FOR DRONE MANUFACTURING
    • TABLE 8 DRONE USAGE BY INDIAN COMPANIES
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High dependence on foreign suppliers
    • FIGURE 28 IMPORT PERCENTAGE OF DRONE COMPONENTS, 2023
      • 5.2.2.2 Data privacy and security concerns
    • FIGURE 29 CYBER ATTACKS TARGETING FLIGHT CONTROLLERS, STATIONS, DATA LINKS, AND GROUND CONTROLS
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Rising use of drones in logistics industry
    • FIGURE 30 FUTURE OF DRONES IN LOGISTICS INDUSTRY
    • FIGURE 31 BENEFITS OF DEPLOYING DRONES IN LOGISTICS INDUSTRY
      • 5.2.3.2 Need for real-time traffic monitoring and management
    • FIGURE 32 BENEFITS OF DRONES USED IN TRAFFIC MONITORING AND MANAGEMENT
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Limited payload capacity
    • FIGURE 33 FLIGHT TIME VS. BATTERY CAPACITY
    • FIGURE 34 MASS VS. FLIGHT TIME
    • TABLE 9 ENDURANCE-BASED MAPPING OF POWER SOURCES
      • 5.2.4.2 Complex integration of advanced technologies in drones
  • 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    • FIGURE 35 REVENUE SHIFT AND NEW REVENUE POCKETS FOR INDIA DRONE MARKET PLAYERS
  • 5.4 VALUE CHAIN ANALYSIS
    • FIGURE 36 VALUE CHAIN ANALYSIS
    • 5.4.1 PLANNING AND REVISED FUNDING
    • 5.4.2 RESEARCH & DEVELOPMENT
    • 5.4.3 RAW MATERIAL PROCUREMENT AND MANUFACTURING
    • 5.4.4 ASSEMBLY, TESTING, AND APPROVALS
    • 5.4.5 DISTRIBUTION AND AFTER-SALE SERVICES
  • 5.5 ECOSYSTEM ANALYSIS
    • 5.5.1 COMPONENT MANUFACTURERS
    • 5.5.2 SYSTEM INTEGRATORS
    • 5.5.3 SERVICE PROVIDERS
    • 5.5.4 COMPONENT IMPORTERS
    • FIGURE 37 ECOSYSTEM ANALYSIS
    • TABLE 10 ROLE OF COMPANIES IN ECOSYSTEM
  • 5.6 OPERATIONAL DATA
    • FIGURE 38 COMMERCIAL DRONE REGISTRATIONS IN INDIA, 2019-2023
    • FIGURE 39 DRONE REGISTRATIONS, BY CIVIL AND COMMERCIAL PLATFORM, 2019-2023
    • FIGURE 40 TOP 20 DRONE MODELS REGISTERED IN INDIA, 2019-2023
    • FIGURE 41 DRONE REGISTRATIONS, BY TYPE, 2020-2023
    • FIGURE 42 DRONE REGISTRATION, BY TOP 30 COMPANIES, 2019-2023 (UNITS)
  • 5.7 BILL OF MATERIALS
    • FIGURE 43 KEY COMPONENT DISTRIBUTION OF COMMERCIAL DRONES
    • FIGURE 44 KEY COMPONENT DISTRIBUTION OF MILITARY DRONES
    • FIGURE 45 DRONE COMPONENTS IMPORT AND INDIGENOUS DISTRIBUTION
  • 5.8 USE CASE ANALYSIS
    • 5.8.1 AERIAL INSPECTION OF 10 MW SOLAR INSTALLATION IN SOUTHERN INDIA
    • 5.8.2 INTEGRATION OF DRONE TECHNOLOGY IN TRANSMISSION PROJECT CONSTRUCTION
    • 5.8.3 DRONE-AS-A-SERVICE FOR AGRICULTURAL MONITORING
    • TABLE 11 OTHER USES CASES OF DRONES IN INDIA
  • 5.9 TOTAL COST OF OWNERSHIP
    • FIGURE 46 TOTAL COST OF OWNERSHIP ASSOCIATED WITH DRONE ACQUISITION
    • FIGURE 47 AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES RELATED TO AGRICULTURE DRONES (%)
    • FIGURE 48 AVERAGE BREAKDOWN OF COST CATEGORIES FOR HIGHEST-SELLING AGRICULTURE DRONES (%)
    • TABLE 12 TOTAL COST OF OWNERSHIP FOR AGRICULTURE DRONES (USD)
    • FIGURE 49 AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES FOR STRATEGIC DRONES (%)
  • 5.10 PRICING ANALYSIS
    • 5.10.1 INDICATIVE PRICING ANALYSIS
    • FIGURE 50 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP 3 CIVIL AND COMMERCIAL PLATFORMS, 2023
    • FIGURE 51 AVERAGE SELLING PRICE TREND, BY DEFENSE PLATFORM, 2023
    • TABLE 13 PRICE COMPARISON OF DRONES, BY COUNTRY
  • 5.11 BUSINESS MODEL
    • FIGURE 52 BUSINESS MODEL OF KEY PLAYERS
  • 5.12 INVESTMENT AND FUNDING SCENARIO
    • FIGURE 53 FUNDING BREAKUP OF DRONE TECH STARTUPS, 2014-2023
    • FIGURE 54 INVESTMENT AND FUNDING SCENARIO, 2020-2024
  • 5.13 FUNDING, BY USE CASE/APPLICATION
    • TABLE 14 FUNDING BY USE CASE/APPLICATION
  • 5.14 MARKET SCENARIO ANALYSIS
    • FIGURE 55 MARKET SCENARIO ANALYSIS, 2024-2029
    • FIGURE 56 INDIA DRONE MARKET FORECAST SCENARIO, 2024-2029 (UNITS)
    • TABLE 15 INDIA DRONE MARKET FORECAST SCENARIO, 2024-2029 (UNITS)
    • FIGURE 57 INDIA DRONE MARKET FORECAST SCENARIO, 2024-2029 (USD MILLION)
    • TABLE 16 INDIA DRONE MARKET FORECAST SCENARIO, 2024-2029 (USD MILLION)
    • 5.14.1 MOST LIKELY SCENARIO
  • 5.15 KEY CONFERENCES AND EVENTS
    • TABLE 17 KEY CONFERENCES AND EVENTS, 2024-2025
  • 5.16 TECHNOLOGY ANALYSIS
    • TABLE 18 TECHNOLOGY ANALYSIS
  • 5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 58 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
    • TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
    • 5.17.2 BUYING CRITERIA
    • FIGURE 59 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
    • TABLE 20 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
  • 5.18 REGULATORY LANDSCAPE
    • 5.18.1 INTRODUCTION
    • 5.18.2 DRONE RULE, 2021
    • TABLE 21 KEY PROVISIONS UNDER DRONE RULES, 2021
    • 5.18.3 STATE POLICY AND REGULATORY FRAMEWORK FOR DRONES
    • FIGURE 60 STATE POLICY AND REGULATORY FRAMEWORK STATUS
    • TABLE 22 COMPARISON OF REGULATORY FRAMEWORKS IN 16 COUNTRIES

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
  • 6.2 TECHNOLOGY TRENDS
    • FIGURE 61 TECHNOLOGY TRENDS
    • 6.2.1 HIGH-ALTITUDE PSEUDO-SATELLITES
    • 6.2.2 AERIAL TARGET DRONES
    • 6.2.3 DRONE MANUFACTURING USING ADVANCED MATERIALS
    • FIGURE 62 MULTI-FUNCTIONAL MATERIALS USED IN MANUFACTURING DRONES
    • 6.2.4 INTEGRATION OF NAVIGATION WITH INDIAN CONSTELLATION INTO DRONES
    • 6.2.5 STEALTH COMBAT DRONES
  • 6.3 IMPACT OF MEGATRENDS
    • 6.3.1 3D PRINTING
    • 6.3.2 ARTIFICIAL INTELLIGENCE
    • 6.3.3 INTERNET OF THINGS
  • 6.4 SUPPLY CHAIN ANALYSIS
    • FIGURE 63 SUPPLY CHAIN ANALYSIS
  • 6.5 TECHNOLOGY ROADMAP
    • FIGURE 64 EVOLUTION OF DRONE TECHNOLOGY
    • FIGURE 65 TECHNOLOGY ROADMAP
    • FIGURE 66 EMERGING TRENDS

7 INDIA DRONE MARKET, BY PLATFORM

  • 7.1 INTRODUCTION
    • FIGURE 67 INDIA DRONE MARKET, BY PLATFORM, 2024-2029
    • TABLE 23 INDIA DRONE MARKET, BY PLATFORM, 2020-2023 (USD MILLION)
    • TABLE 24 INDIA DRONE MARKET, BY PLATFORM, 2024-2029 (USD MILLION)
  • 7.2 CIVIL AND COMMERCIAL
    • TABLE 25 CIVIL AND COMMERCIAL: INDIA DRONE MARKET, BY PLATFORM, 2020-2023 (UNITS)
    • TABLE 26 CIVIL AND COMMERCIAL: INDIA DRONE MARKET, BY PLATFORM, 2024-2029 (UNITS)
    • FIGURE 68 INDIA DRONE MARKET, BY CIVIL AND COMMERCIAL PLATFORM, 2024-2029
    • TABLE 27 CIVIL AND COMMERCIAL: INDIA DRONE MARKET, BY PLATFORM, 2020-2023 (USD MILLION)
    • TABLE 28 CIVIL AND COMMERCIAL: INDIA DRONE MARKET, BY PLATFORM, 2024-2029 (USD MILLION)
    • 7.2.1 MICRO
      • 7.2.1.1 Need for cost-effective and lightweight drones to drive market
    • 7.2.2 SMALL
      • 7.2.2.1 Rising use of drones in crop monitoring, wildlife conservation, and cinematography to drive market
    • 7.2.3 MEDIUM
      • 7.2.3.1 Growing adoption of drones in package delivery, meteorological research, and intelligence collection to drive market
    • 7.2.4 LARGE
      • 7.2.4.1 Increasing demand for passenger drones to drive market
  • 7.3 DEFENSE
    • TABLE 29 DEFENSE: INDIA DRONE MARKET, BY PLATFORM, 2020-2023 (UNITS)
    • TABLE 30 DEFENSE: INDIA DRONE MARKET, BY PLATFORM, 2024-2029 (UNITS)
    • FIGURE 69 INDIA DRONE MARKET, BY DEFENSE PLATFORM, 2024-2029
    • TABLE 31 DEFENSE: INDIA DRONE MARKET, BY PLATFORM, 2020-2023 (USD MILLION)
    • TABLE 32 DEFENSE: INDIA DRONE MARKET, BY PLATFORM, 2024-2029 (USD MILLION)
    • 7.3.1 SMALL
      • 7.3.1.1 Rising use of small drones in military applications to drive market
    • 7.3.2 TACTICAL
      • 7.3.2.1 Growing demand for high endurance in drones to drive market
    • 7.3.3 STRATEGIC
      • 7.3.3.1 Surge in demand for high payload capability to drive market

8 INDIA DRONE MARKET, BY SYSTEM

  • 8.1 INTRODUCTION
    • FIGURE 70 INDIA DRONE MARKET, BY SYSTEM, 2024-2029
    • TABLE 33 INDIA DRONE MARKET, BY SYSTEM, 2020-2023 (USD MILLION)
    • TABLE 34 INDIA DRONE MARKET, BY SYSTEM, 2024-2029 (USD MILLION)
  • 8.2 PLATFORMS
    • 8.2.1 AIRFRAMES
      • 8.2.1.1 Growing collaborations between government agencies, research institutions, and private enterprises to drive market
    • 8.2.2 AVIONICS
      • 8.2.2.1 Advancements in sensor technology for enhanced navigation and data collection capabilities to drive market
    • 8.2.3 PROPULSION SYSTEMS
      • 8.2.3.1 Increasing focus on developing gas turbine engines to drive market
    • 8.2.4 SOFTWARE
      • 8.2.4.1 Development of AI-powered analytics for efficient data processing and actionable insights to drive market
  • 8.3 PAYLOADS
    • 8.3.1 CAMERAS
      • 8.3.1.1 Increasing adoption of drones for aerial photography, infrastructure inspection, and urban planning to drive market
    • 8.3.2 INTELLIGENCE PAYLOADS
      • 8.3.2.1 Growing demand for enhanced situational awareness to drive market
    • 8.3.3 RADARS
      • 8.3.3.1 Rising need for real-time high-resolution imaging and improved warning systems to drive market
    • 8.3.4 LIDAR
      • 8.3.4.1 Booming demand for high-precision mapping and surveying to drive market
    • 8.3.5 GIMBALS
      • 8.3.5.1 Growing inclination toward drone photography to drive market
  • 8.4 DATA LINKS
    • 8.4.1 INCREASING EMPHASIS ON TRANSMITTING LOCATION, FLIGHT TIME, AND AIRSPEED DURING FLIGHTS TO DRIVE MARKET
  • 8.5 GROUND CONTROL STATIONS
    • 8.5.1 REMOTE MONITORING, MISSION PLANNING, AND ALTITUDE CONTROLLING APPLICATIONS TO DRIVE MARKET
  • 8.6 LAUNCH AND RECOVERY SYSTEMS
    • 8.6.1 HIGH DEMAND IN MILITARY SECTOR TO DRIVE MARKET

9 INDIA DRONE MARKET, BY INDUSTRY

  • 9.1 INTRODUCTION
    • FIGURE 71 INDIA DRONE MARKET, BY INDUSTRY, 2024-2029
    • TABLE 35 INDIA DRONE MARKET, BY INDUSTRY, 2020-2023 (USD MILLION)
    • TABLE 36 INDIA DRONE MARKET, BY INDUSTRY, 2024-2029 (USD MILLION)
  • 9.2 DEFENSE AND SECURITY
    • 9.2.1 DISASTER MANAGEMENT APPLICATIONS TO DRIVE MARKET
  • 9.3 AGRICULTURE
    • 9.3.1 AGRARIAN ECONOMIC NATURE OF INDIA TO DRIVE MARKET
  • 9.4 LOGISTICS AND TRANSPORTATION
    • 9.4.1 TRANSPORTATION
      • 9.4.1.1 Growing focus on sustainable logistics to drive market
    • 9.4.2 POSTAL AND PACKAGE DELIVERY
      • 9.4.2.1 Increasing emphasis on remote area delivery to drive market
    • 9.4.3 HEALTHCARE AND PHARMACY DELIVERY
      • 9.4.3.1 Rise in use of drones for emergency response, telemedicine support, and prescription delivery to drive market
  • 9.5 ENERGY AND POWER
    • 9.5.1 POWER GENERATION
      • 9.5.1.1 Reduced need for manual inspection to drive market
    • 9.5.2 OIL & GAS
      • 9.5.2.1 Growing focus on safety regulation compliance to drive market
  • 9.6 CONSTRUCTION AND MINNING
    • 9.6.1 SURGE IN USE OF DRONES FOR PROJECT PLANNING AND RESOURCE ALLOCATION TO DRIVE MARKET
  • 9.7 MEDIA AND ENTERTAINMENT
    • 9.7.1 RISING DEMAND FOR REAL-TIME AERIAL FOOTAGE AND VISUAL STORYTELLING TO DRIVE MARKET
  • 9.8 INSURANCE
    • 9.8.1 INCREASING ADOPTION FOR RISK ASSESSMENT, CLAIMS PROCESSING, AND UNDERWRITING TO DRIVE MARKET
  • 9.9 WILDLIFE AND FORESTRY
    • 9.9.1 NEED TO COMBAT POACHING AND TRACK ANIMAL MOVEMENTS TO DRIVE MARKET
  • 9.10 ACADEMICS AND RESEARCH
    • 9.10.1 GROWING USE OF DRONES FOR ENVIRONMENTAL SCIENCE, GEOGRAPHY, AND ARCHAEOLOGY TO DRIVE MARKET

10 INDIA DRONE MARKET, BY APPLICATION

  • 10.1 INTRODUCTION
    • TABLE 37 INDIA DRONE MARKET, BY APPLICATION, 2020-2023 (USD MILLION)
    • TABLE 38 INDIA DRONE MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
  • 10.2 MILITARY
    • TABLE 39 MILITARY: INDIA DRONE MARKET, BY APPLICATION, 2020-2023 (USD MILLION)
    • TABLE 40 MILITARY: INDIA DRONE MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • 10.2.1 INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE
      • 10.2.1.1 Rising need for improved battlefield intelligence gathering to drive market
    • 10.2.2 COMBAT OPERATIONS
      • 10.2.2.1 Growing demand for minimized collateral damage for ground troops to drive market
    • 10.2.3 DELIVERY
      • 10.2.3.1 Need for timely and safe resupply to frontline units to drive market
  • 10.3 COMMERCIAL
    • 10.3.1 INSPECTION AND MONITORING
      • 10.3.1.1 Favorable government policies for unmanned aerial vehicles to drive market
    • 10.3.2 REMOTE SENSING
      • 10.3.2.1 Surge in 3D infrastructure modeling to drive market
    • 10.3.3 SURVEYING AND MAPPING
      • 10.3.3.1 Increased topographic survey, photogrammetry consultancy, and vegetation mapping to drive market
    • 10.3.4 PRODUCT DELIVERY
      • 10.3.4.1 Rapid expansion of e-commerce and demand for efficient last-mile delivery solutions to drive market
    • 10.3.5 AERIAL IMAGING
      • 10.3.5.1 Surge in use of drones for agile acrobatic shots and semi-orthometric aerial photography to drive market
  • 10.4 GOVERNMENT AND LAW ENFORCEMENT
    • 10.4.1 BORDER MANAGEMENT
      • 10.4.1.1 Booming use of drones for threat detection on borders to drive market
    • 10.4.2 TRAFFIC MONITORING
      • 10.4.2.1 Increased emphasis on better traffic flow and road safety to drive market
    • 10.4.3 FIREFIGHTING AND DISASTER MANAGEMENT
      • 10.4.3.1 Growing focus on prompt response time during disasters to drive market
    • 10.4.4 POLICE OPERATIONS AND INVESTIGATIONS
      • 10.4.4.1 Increasing use of drones for crime scene analysis to drive market
    • 10.4.5 MARITIME SECURITY
      • 10.4.5.1 Surge in anti-piracy operations to drive market
  • 10.5 CONSUMER
    • 10.5.1 PROSUMERS
      • 10.5.1.1 Increased use of drones for weddings and other events to drive market
    • 10.5.2 HOBBYISTS
      • 10.5.2.1 Expanding use of drones for vlogging to drive market

11 INDIA DRONE MARKET, BY POINT OF SALE

  • 11.1 INTRODUCTION
    • FIGURE 73 INDIA DRONE MARKET, BY POINT OF SALE, 2024-2029
    • TABLE 41 INDIA DRONE MARKET, BY POINT OF SALE, 2020-2023 (USD MILLION)
    • TABLE 42 INDIA DRONE MARKET, BY POINT OF SALE, 2024-2029 (USD MILLION)
  • 11.2 OEM
    • 11.2.1 INCREASING ADOPTION OF DRONES IN AGRICULTURE, CONSTRUCTION, INFRASTRUCTURE, AND LOGISTICS TO DRIVE MARKET
  • 11.3 AFTERMARKET
    • 11.3.1 MRO
      • 11.3.1.1 Stringent regulatory environment governing commercial drone operations to drive market
    • 11.3.2 REPLACEMENT PARTS AND SOFTWARE UPGRADES
      • 11.3.2.1 Rising need for optimized drone performance to drive market
    • 11.3.3 SIMULATION AND TRAINING
      • 11.3.3.1 Growing government initiatives such as Drone Certification Scheme to drive market

12 COMPETITIVE LANDSCAPE

  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYER STRATEGIES
    • TABLE 43 KEY PLAYER STRATEGIES, 2023-2024
  • 12.3 RANKING ANALYSIS
  • 12.4 BRAND AND PRODUCT COMPARISON
    • 12.4.1 BRAND AND PRODUCT COMPARISON
    • FIGURE 75 BRAND COMPARISON, 2023
    • 12.4.2 PRODUCT COMPARISON
    • TABLE 44 PRODUCT COMPARISON OF COMMERCIAL DRONES, 2023
    • TABLE 45 PRODUCT COMPARISON OF MILITARY DRONES, 2023
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
    • TABLE 46 COMPANY VALUATION OF KEY PLAYERS, 2018-2023
    • TABLE 47 FINANCIAL METRICS OF KEY PLAYERS, 2018-2023
  • 12.6 REVENUE ANALYSIS
  • 12.7 MARKET SHARE ANALYSIS
    • FIGURE 79 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
    • TABLE 48 INDIA DRONE MARKET: DEGREE OF COMPETITION
  • 12.8 COMPANY EVALUATION MATRIX
    • 12.8.1 STARS
    • 12.8.2 EMERGING LEADERS
    • 12.8.3 PERVASIVE PLAYERS
    • 12.8.4 PARTICIPANTS
    • FIGURE 80 INDIA DRONE MARKET: COMPANY EVALUATION MATRIX, 2023
    • 12.8.5 COMPANY FOOTPRINT
    • FIGURE 81 INDIA DRONE MARKET: COMPANY FOOTPRINT
    • TABLE 49 INDIA DRONE MARKET: PLATFORM FOOTPRINT
    • TABLE 50 INDIA DRONE MARKET: INDUSTRY FOOTPRINT
    • TABLE 51 INDIA DRONE MARKET: APPLICATION FOOTPRINT
    • TABLE 52 INDIA DRONE MARKET: POINT OF SALE FOOTPRINT
  • 12.9 STARTUP/SME EVALUATION MATRIX
    • 12.9.1 PROGRESSIVE COMPANIES
    • 12.9.2 RESPONSIVE COMPANIES
    • 12.9.3 DYNAMIC COMPANIES
    • 12.9.4 STARTING BLOCKS
    • FIGURE 82 INDIA DRONE MARKET: STARTUP/SME EVALUATION MATRIX, 2023
    • 12.9.5 COMPETITIVE BENCHMARKING
    • TABLE 53 INDIA DRONE MARKET: KEY STARTUPS/SMES
    • TABLE 54 INDIA DRONE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • 12.10 COMPETITIVE SCENARIOS AND TRENDS
    • 12.10.1 MARKET EVALUATION FRAMEWORK
    • 12.10.2 PRODUCT LAUNCHES
    • TABLE 55 INDIA DRONE MARKET: PRODUCT LAUNCHES, JANUARY 2021-MARCH 2024
    • 12.10.3 DEALS
    • TABLE 56 INDIA DRONE MARKET: DEALS, JANUARY 2021-MARCH 2024
    • TABLE 57 INDIA DRONE MARKET: EXPANSIONS, JANUARY 2021-MARCH 2024
    • TABLE 58 INDIA DRONE MARKET: OTHER DEVELOPMENTS, JANUARY 2021-MARCH 2024

13 COMPANY PROFILES

  • (Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) **
  • 13.1 INTRODUCTION
  • 13.2 KEY PLAYERS
    • 13.2.1 IDEAFORGE TECHNOLOGY LTD.
    • TABLE 59 IDEAFORGE TECHNOLOGY LTD.: COMPANY OVERVIEW
    • FIGURE 83 IDEAFORGE TECHNOLOGY LTD.: COMPANY SNAPSHOT
    • TABLE 60 IDEAFORGE TECHNOLOGY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 61 IDEAFORGE TECHNOLOGY LTD.: PRODUCT LAUNCHES
    • TABLE 62 IDEAFORGE TECHNOLOGY LTD.: DEALS
    • TABLE 63 IDEAFORGE TECHNOLOGY LTD.: OTHER DEVELOPMENTS
    • 13.2.2 NEWSPACE RESEARCH AND TECHNOLOGIES PVT. LTD.
    • TABLE 64 NEWSPACE RESEARCH AND TECHNOLOGIES PVT. LTD.: COMPANY OVERVIEW
    • TABLE 65 NEWSPACE RESEARCH AND TECHNOLOGIES PVT. LTD.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
    • TABLE 66 NEWSPACE RESEARCH AND TECHNOLOGIES PVT. LTD.: DEALS
    • TABLE 67 NEWSPACE RESEARCH AND TECHNOLOGIES PVT. LTD.: OTHER DEVELOPMENTS
    • 13.2.3 IOTECHWORLD
    • TABLE 68 IOTECHWORLD: COMPANY OVERVIEW
    • TABLE 69 IOTECHWORLD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 70 IOTECHWORLD: DEALS
    • TABLE 71 IOTECHWORLD: OTHER DEVELOPMENTS
    • 13.2.4 GARUDA AEROSPACE
    • TABLE 72 GARUDA AEROSPACE: COMPANY OVERVIEW
    • TABLE 73 GARUDA AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 74 GARUDA AEROSPACE: PRODUCT LAUNCHES
    • TABLE 75 GARUDA AEROSPACE: DEALS
    • 13.2.5 ASTERIA AEROSPACE LIMITED
    • TABLE 76 ASTERIA AEROSPACE LIMITED: COMPANY OVERVIEW
    • TABLE 77 ASTERIA AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.6 PARAS AEROSPACE
    • TABLE 78 PARAS AEROSPACE: COMPANY OVERVIEW
    • TABLE 79 PARAS AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 80 PARAS AEROSPACE: PRODUCT LAUNCHES
    • TABLE 81 PARAS AEROSPACE: DEALS
    • TABLE 82 PARAS AEROSPACE: OTHER DEVELOPMENTS
    • 13.2.7 ADANI DEFENCE AND AEROSPACE
    • TABLE 83 ADANI DEFENCE AND AEROSPACE: COMPANY OVERVIEW
    • TABLE 84 ADANI DEFENCE AND AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 85 ADANI DEFENCE AND AEROSPACE: PRODUCT LAUNCHES
    • TABLE 86 ADANI DEFENCE AND AEROSPACE: DEALS
    • 13.2.8 DRONIX TECHNOLOGIES PRIVATE LIMITED
    • TABLE 87 DRONIX TECHNOLOGIES PRIVATE LIMITED: COMPANY OVERVIEW
    • TABLE 88 DRONIX TECHNOLOGIES PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.9 JOHNNETTE GROUP
    • TABLE 89 JOHNNETTE GROUP: COMPANY OVERVIEW
    • TABLE 90 JOHNNETTE GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 91 JOHNNETTE GROUP: DEALS
    • TABLE 92 JOHNNETTE GROUP: OTHER DEVELOPMENTS
    • 13.2.10 TATA ADVANCED SYSTEMS LIMITED
    • TABLE 93 TATA ADVANCED SYSTEMS LIMITED: COMPANY OVERVIEW
    • TABLE 94 TATA ADVANCED SYSTEMS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.11 CDSPACE
    • TABLE 95 CDSPACE: COMPANY OVERVIEW
    • TABLE 96 CDSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 97 CDSPACE: DEALS
    • 13.2.12 THANOS
    • TABLE 98 THANOS: COMPANY OVERVIEW
    • TABLE 99 THANOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.13 DROGO DRONES
    • TABLE 100 DROGO DRONES: COMPANY OVERVIEW
    • TABLE 101 DROGO DRONES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 102 DROGO DRONES: PRODUCT LAUNCHES
    • 13.2.14 SCANDRON PVT. LTD.
    • TABLE 103 SCANDRON PVT. LTD.: COMPANY OVERVIEW
    • TABLE 104 SCANDRON PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 105 SCANDRON PVT. LTD.: DEALS
    • 13.2.15 DHAKSHA UNMANNED SYSTEMS
    • TABLE 106 DHAKSHA UNMANNED SYSTEMS: COMPANY OVERVIEW
    • TABLE 107 DHAKSHA UNMANNED SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 108 DHAKSHA UNMANNED SYSTEMS: OTHER DEVELOPMENTS
    • 13.2.16 MULTIPLEX DRONE PRIVATE LIMITED
    • TABLE 109 MULTIPLEX DRONE PRIVATE LIMITED: COMPANY OVERVIEW
    • TABLE 110 MULTIPLEX DRONE PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.17 CHATAK INNOVATIONS
    • TABLE 111 CHATAK INNOVATIONS: COMPANY OVERVIEW
    • TABLE 112 CHATAK INNOVATIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.18 AEROSIGHT TECHNOLOGIES
    • TABLE 113 AEROSIGHT TECHNOLOGIES: COMPANY OVERVIEW
    • TABLE 114 AEROSIGHT TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.19 MARUT DRONETECH PRIVATE LIMITED
    • TABLE 115 MARUT DRONETECH PRIVATE LIMITED: COMPANY OVERVIEW
    • TABLE 116 MARUT DRONETECH PRIVATE LIMITED: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
    • TABLE 117 MARUT DRONETECH PRIVATE LIMITED: PRODUCT LAUNCHES
    • TABLE 118 MARUT DRONETECH PRIVATE LIMITED: DEALS
    • TABLE 119 MARUT DRONETECH PRIVATE LIMITED: EXPANSIONS
    • 13.2.20 URBANMATRIX TECHNOLOGIES
    • TABLE 120 URBANMATRIX TECHNOLOGIES: COMPANY OVERVIEW
    • TABLE 121 URBANMATRIX TECHNOLOGIES: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
    • TABLE 122 URBANMATRIX TECHNOLOGIES: DEALS
    • 13.2.21 TECHEAGLE
    • TABLE 123 TECHEAGLE: COMPANY OVERVIEW
    • TABLE 124 TECHEAGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 125 TECHEAGLE: DEALS
    • 13.2.22 SAGAR DEFENCE ENGINEERING
    • TABLE 126 SAGAR DEFENCE ENGINEERING: COMPANY OVERVIEW
    • TABLE 127 SAGAR DEFENCE ENGINEERING: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
    • 13.2.23 THROTTLE AEROSPACE SYSTEMS PVT. LTD.
    • TABLE 128 THROTTLE AEROSPACE SYSTEMS PVT. LTD.: COMPANY OVERVIEW
    • TABLE 129 THROTTLE AEROSPACE SYSTEMS PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 130 THROTTLE AEROSPACE SYSTEMS PVT. LTD.: PRODUCT LAUNCHES
    • 13.2.24 DCM SHRIRAM INDUSTRIES LTD.
    • TABLE 131 DCM SHRIRAM INDUSTRIES LTD.: COMPANY OVERVIEW
    • FIGURE 84 DCM SHRIRAM INDUSTRIES LTD.: COMPANY SNAPSHOT
    • TABLE 132 DCM SHRIRAM INDUSTRIES LTD.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
    • TABLE 133 DCM SHRIRAM INDUSTRIES LTD.: DEALS
    • 13.2.25 RCHOBBYTECH SOLUTIONS PRIVATE LIMITED
    • TABLE 134 RCHOBBYTECH SOLUTIONS PRIVATE LIMITED: COMPANY OVERVIEW
    • TABLE 135 RCHOBBYTECH SOLUTIONS PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.26 HUBBLEFLY TECHNOLOGIES
    • TABLE 136 HUBBLEFLY TECHNOLOGIES: COMPANY OVERVIEW
    • TABLE 137 HUBBLEFLY TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.27 INDRONES SOLUTIONS PVT. LTD.
    • TABLE 138 INDRONES SOLUTIONS PVT. LTD.: COMPANY OVERVIEW
    • TABLE 139 INDRONES SOLUTIONS PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.28 D'AVIATORS
    • TABLE 140 D'AVIATORS: COMPANY OVERVIEW
    • TABLE 141 D'AVIATORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 13.2.29 SKYLARK DRONES
    • TABLE 142 SKYLARK DRONES: COMPANY OVERVIEW
    • TABLE 143 SKYLARK DRONES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 144 SKYLARK DRONES: OTHER DEVELOPMENTS
    • 13.2.30 RAPHE
    • TABLE 145 RAPHE: COMPANY OVERVIEW
    • TABLE 146 RAPHE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 147 RAPHE: PRODUCT LAUNCHES
  • *Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

14 APPENDIX

  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS
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