PUBLISHER: The Business Research Company | PRODUCT CODE: 1465888
PUBLISHER: The Business Research Company | PRODUCT CODE: 1465888
Safety and security drones, also known as unmanned aerial vehicles (UAVs), are equipped with diverse technologies aimed at enhancing safety and security measures across various contexts. These drones find applications in a wide array of scenarios, including surveillance, search and rescue operations, disaster response, law enforcement, border patrol, and infrastructure inspection.
The primary types of safety and security drones include fixed-wing drones, rotary drones, and others. Fixed-wing drones are UAVs characterized by their wing configuration, similar to traditional airplanes, which generate lift through the forward motion of the aircraft. These drones incorporate various hardware, software, and services and are utilized in various applications such as explosive detection and removal, firefighting, smart cities management, inspection and safety procedures, patrolling, surveillance operations, weather and climate analysis, among others. They serve a diverse range of end-users including agriculture, airports, colleges and universities, construction, forestry and logging, government agencies, and more.
The safety and security drones market research report is one of a series of new reports from The Business Research Company that provides safety and security drones market statistics, including safety and security drones industry global market size, regional shares, competitors with a safety and security drones market share, detailed safety and security drones market segments, market trends and opportunities, and any further data you may need to thrive in the safety and security drones industry. This safety and security drones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The safety and security drones market size has safety and security drones in recent years. It will grow from $1.79 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 20.4%. The growth observed in the historical period can be attributed to factors such as the development of solar-powered drones, rising demand for specialized drones, occurrences of natural disasters, growing public acceptance of drones, and escalating security concerns.
The safety and security drones market size is expected to see safety and security drones in the next few years. It will grow to $4.48 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The projected growth in the forecast period can be linked to the adoption of hybrid and vertical takeoff and landing (VTOL) designs, implementation of secure communication protocols, utilization of ground control stations, incorporation of sensors, cameras, and lidar technology. Key trends anticipated in this period encompass the adoption of drone-in-a-box solutions, integration of artificial intelligence and automation, utilization of edge computing and real-time processing, implementation of swarm technology, and adoption of cloud-based data management solutions.
The safety and security drones market is poised for growth due to the escalating threat of security incidents. Across various sectors, increasing security threats have led to the rise of the security drone market. Drones offer advanced surveillance and monitoring capabilities, making them valuable tools in addressing security challenges. Safety and security drones play a crucial role in security incidents by providing unique capabilities that enhance situational awareness, mobility, and real-time aerial surveillance and monitoring. For example, ReliefWeb reported in March 2023 that terrorist attacks in 2022 became more deadly compared to the previous year, underscoring the need for enhanced security measures. Additionally, according to the Office for National Statistics, cases of violence against people documented by police increased by 20% in 2022 compared to 2020, further highlighting the growing threat of security incidents. As a result, the escalating threat of security incidents is driving the growth of the safety and security drones market.
Key players in the safety and security drone market are focused on developing innovative and advanced technological solutions to meet the increasing demand for enhanced security measures. One such solution is the eBee Vision, a cyber-secure unmanned aerial system (UAS), designed to enhance intelligence, surveillance, and reconnaissance (ISR) missions. Launched by AgEagle Aerial Systems Inc. in September 2023, the eBee Vision is equipped with sensor payloads capable of detecting, tracking, and geolocating objects in various conditions, offering up to 90 minutes of flight time. It is customized for defense and security requirements, featuring a live HD video feed, thermal sensor, and operational flexibility, empowering drone operators to perform surveillance missions effectively, even in challenging conditions.
In September 2022, Safe Pro Group Inc. acquired Airborne Response to expand its capabilities in providing mission-critical drone solutions to commercial and government customers. Airborne Response is a provider of mission-critical aerial intelligence solutions using uncrewed aircraft systems (UAS), further enhancing Safe Pro Group's portfolio in offering aerial intelligence, site mapping, and critical infrastructure inspection services.
Major companies operating in the safety and security drones market are SZ DJI Technology Co Ltd, FLIR Systems Inc., GoPro Inc., Yuneec International Co.Ltd., Insitu Inc., Autel Robotics Inc., Parrot Drones SAS, Microdrones GmbH, Flyability, Dedrone Holdings, Delair, Scylla Technologies Inc., Ageagle Aerial Systems Inc., Azur Drones SAS, DroneShield Ltd, Chengdu JOUAV Automation, Kespry Inc., Tonner Drones SA, Elistair, Aerialtronics, ideaForge Technology Limited, Lorenz Technology ApS, Freefly Systems, Guangzhou EHang Intelligent Technology Co. Ltd, Aeryon Labs Inc., Action Drone Inc., FlytBase Inc., Airborne Response, Aria Insights Inc., ZenaDrone Inc.
North America was the largest region in the safety and security drones market in 2023. The regions covered in the safety and security drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the safety and security drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The safety and security drones market consists of revenues earned by entities by providing services such as law enforcement, surveillance and monitoring, emergency response, infrastructure inspection, event security, and environmental monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The safety and security drones market also includes sales of cameras, thermal imaging systems, GPS and navigation systems, obstacle avoidance sensors, communication systems, payloads, and accessories. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Safety And Security Drones Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on safety and security drones market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for safety and security drones ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The safety and security drones market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.