Drone Flight Management System Market Growth, Size, Trends, Revenue, Scope and Future Outlook
Drone Flight Management System Market Size- By Component- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: AERO2333 | Pages: 1 - 227 | Formats*: |
| Category : Aerospace and Defence | |||
Drone Flight Management System Market Introduction and Overview
According to SPER Market Research, the Global Drone Flight Management System Market is estimated to reach USD 28.27 billion by 2033 with a CAGR of 30.21%.
The report includes an in-depth analysis of the Global Drone Flight Management System Market, including market size and trends, Machine Type mix, distribution channels, and supplier analysis. The data pertaining to a drone's routine operations is logged and managed by drone flight management systems. By monitoring the drone's actions and reporting any persistent or anticipated difficulties with its regular operation, they are also responsible for maintaining the drones in the best possible operating conditions.
- AeroVironment Inc.: The business offers flight control systems for drones such the T-20 fixed-wing UAS, JUMP 20 UAS, and PUMA LE UAS.
Market Opportunities and Challenges
- Opportunities: A notable trend creating opportunities in the drone flight management system market is the advancement of lithium-metal batteries, replacing conventional lithium-ion and lithium polymer batteries. The limitations of current batteries include short run times and safety concerns, as they use flammable solvents. Lithium-metal batteries present a safer alternative with non-flammable electrolytes, reducing the risk of fire and explosion. These innovative batteries offer higher energy density, enabling longer drone flight times and a more compact size. The expanding applications of drones in e-commerce, logistics, construction, and industry sectors create promising opportunities for the global drone flight management system market in the foreseeable future.
- Challenges: The growth of the drone flight management system market faces challenges due to the limited battery life and capacity of drones. Presently, drones, commonly powered by lithium-ion and lithium polymer batteries, have a short flight duration of around 30 minutes, constraining their range to 10 kilometers. Manufacturers are striving to improve battery technology to increase drone applications. However, enhancing battery life is challenging due to the trade-off between battery size, weight, and capacity. Exploring alternative energy sources like solar power and hydrogen fuel cells is hindered by cost and compactness challenges. Manufacturers must address issues related to load capacity, overall cost, and battery longevity to foster drone adoption and drive the drone flight management system market.
Market Competitive Landscape
The market is quite competitive because of the presence of significant firms including AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., Yuneec International Co. Ltd., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Component |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East, Africa |
| Companies Covered | AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., Yuneec International Co. Ltd., Others |
COVID-19 Impact on Global Drone Flight Management System Market
The drone market has been severely impacted by the COVID-19. It is projected that the recent global economic slowdown will lead to a subsequent fall in demand for drones from end-user industries like construction, mining, etc. However, due to their wide range of potential applications, drone demand has seen a rapid increase. Due to the existing laws and procedures, prominent corporations have been spared the worst effects of the pandemic's wider supply chain disruption. Companies are more susceptible to supply chain interruptions, and operational limitations and increased financial risk exposure are anticipated as a result of supply chain bottlenecks.
Key Target Audience:
- Aerospace Industry
- Drone Manufacturers
- Drone Operators
- Drone Service Providers
- Environmental and Conservation Organizations
- Infrastructure Inspection Companies
- Insurance Companies
- Logistics and Delivery Companies
- Media and Content Creators
- Precision Agriculture Professionals
- Software Developers
- Telecommunications Industry
- Others
Our in-depth analysis of the Drone Flight Management System Market includes the following segments:
| By Component: |
|
Key Topics Covered in the Report:
- Size of Global Drone Flight Management System Market (FY’2023-FY’2033)
- Overview of Global Drone Flight Management System Market
- Segmentation of India Dental Clinic Market By Component (Data Link, Ground Controller, Onboard Controller)
- Statistical Snap of Global Drone Flight Management System Market
- Global Drone Flight Management System Market Growth Analysis
- Problems and Challenges in Global Drone Flight Management System Market
- Global Drone Flight Management System Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Drone Flight Management System Market
- Details on Recent Investment in Global Drone Flight Management System Market
- Competitive Analysis of Global Drone Flight Management System Market
- Major Players in the Global Drone Flight Management System Market
- SWOT Analysis of Global Drone Flight Management System Market
- Global Drone Flight Management System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.2. Market size estimation2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.3. Data triangulation2.2.1. Top-down and Bottom-up approach
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Drone Flight Management System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Drone Flight Management System Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Drone Flight Management System Market
7. Global Drone Flight Management System Market, By Component (USD Million)
7.1. Global Drone Flight Management System Market Value Share and Forecast, By Component, 2023-20337.2. Data Link7.3. Ground Controller7.4. Onboard Controller
8. Global Drone Flight Management System Market Forecast, 2019-2033 (USD Million)
8.1. Global Drone Flight Management System Market Size and Market Share
9. Global Drone Flight Management System Market, By Component, 2019-2033 (USD Million)
9.1. Global Drone Flight Management System Market Size and Market Share By Component (2019-2026)9.2. Global Drone Flight Management System Market Size and Market Share By Component (2027-2033)
10. Global Drone Flight Management System Market, By Region, 2019-2033 (USD Million)
10.1. Global Drone Flight Management System Market Size and Market Share By Region (2019-2026)10.2. Global Drone Flight Management System Market Size and Market Share By Region (2027-2033)10.3. Asia-Pacific10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. South Korea10.3.6. Rest of Asia-Pacific10.4. Europe10.4.1. France10.4.2. Germany10.4.3. Italy10.4.4. Spain10.4.5. United Kingdom10.4.6. Rest of Europe10.5. Middle East and Africa10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Rest of Middle East & Africa10.6. North America10.6.1. Canada10.6.2. Mexico10.6.3. United States10.7. Latin America10.7.1. Argentina10.7.2. Brazil10.7.3. Rest of Latin America
11. Company Profile
11.1. AeroVironment Inc.11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Autel Robotics11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Black Swift Technologies LLC.11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. DELAIR SAS11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. EHang Holdings Ltd.11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Elbit Systems Ltd.11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. HENSOLDT AG11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Intel Corp.11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Mobilicom Ltd11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Northrop Grumman Corp.11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Parrot Drones SAS11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments11.12. Safran SA11.12.1. Company details11.12.2. Financial outlook11.12.3. Product summary11.12.4. Recent developments11.13. SZ DJI Technology Co. Ltd.11.13.1. Company details11.13.2. Financial outlook11.13.3. Product summary11.13.4. Recent developments11.14. Teledyne Technologies Inc.11.14.1. Company details11.14.2. Financial outlook11.14.3. Product summary11.14.4. Recent developments11.15. Thales Group11.15.1. Company details11.15.2. Financial outlook11.15.3. Product summary11.15.4. Recent developments11.16. The Boeing Co.11.16.1. Company details11.16.2. Financial outlook11.16.3. Product summary11.16.4. Recent developments11.17. UAV Navigation SL11.17.1. Company details11.17.2. Financial outlook11.17.3. Product summary11.17.4. Recent developments11.18. UAVOS Inc.11.18.1. Company details11.18.2. Financial outlook11.18.3. Product summary11.18.4. Recent developments11.19. Yuneec International Co. Ltd.11.19.1. Company details11.19.2. Financial outlook11.19.3. Product summary11.19.4. Recent developments11.20. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Drone Flight Management System Market is projected to reach USD 28.27 billion by 2033, growing at a CAGR of 30.21% during the forecast period.
Drone Flight Management System Market grew in market size from 2023. The Market is expected to reach USD 28.27 billion by 2033, at a CAGR of 30.21% during the forecast period.
Drone Flight Management System Market CAGR of 30.21% during the forecast period.
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Drone Flight Management System Market size is USD 28.27 billion from 2023 to 2033.
Drone Flight Management System Market Segment is Covered By Component
The North America region is anticipated to have the highest market share in Drone Flight Management System Market.
Drone Flight Management System Market, including market size and trends, Machine Type mix, distribution channels, and supplier analysis.
The key players in the market include Companies Covered AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., Yuneec International Co. Ltd., Others
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