The Europe Public Safety Drone Market would witness market growth of 12.1% CAGR during the forecast period (2023-2030).
The drone services industry is expected to generate $15 billion in revenue and 145,000 new jobs by 2030, according to the European Union (EU). The EU Drone Strategy 2.0 expands on drone operations' safety regulations by establishing technical criteria and outlining how Europe may advance large-scale commercial drone operations and give new sector opportunities, especially for small- and medium-sized enterprises (SMEs). Additionally, it pinpoints opportunities for greater counter-drone capabilities as well as system resilience, in addition to cooperation between defense and civil drones.
According to a report by the EU, to investigate novel UAS uses, sectors, and geographical areas, startups have received over $3 billion in funding. Almost half of that amount—roughly $1.4 billion—has gone to OEMs, and other significant investments have gone to businesses that focus on navigation and UTM ($371 million) as well as data management ($328 million). Businesses that operate in several markets have performed well, collecting $356 million in capital.
The UK Ministry of Defense's (MOD) Defense and Security Accelerator is looking for solutions that can both develop the counter Unmanned Air Systems (c-UAS) technology needed to defeat unmanned aircraft systems and show how it can be combined with other technologies to create a powerful system. for this, the government is offering $1.9 million in financing for businesses to create novel technologies. Unmanned aerial vehicles (UAVs) are becoming more common in the Netherlands. The Dutch government is putting laws that will foster an atmosphere favorable to the Dutch UAV business and is seeking innovation and advancement in the drone technology sector. The Dutch drone business currently brings in $28.58 million. Up through 2026, revenue growth is anticipated to average 1.6% yearly. Hence, the rising involvement of governments in creating use cases for drones will certainly aid in the regional market's expansion throughout the forecast period.
The Germany market dominated the Europe Public Safety Drone Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $169.2 million by 2030. The UK market is exhibiting a CAGR of 11.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13% during (2023 - 2030).
Based on Platform, the market is segmented into Small Drones (2kg- 25Kg), and Microdrones (250gm-2Kg). Based on Type, the market is segmented into Rotary Wing, Fixed Wing, and Hybrid. Based on Mode or Operation, the market is segmented into Semi-autonomous, and Fully-Autonomous. Based on Application, the market is segmented into Police Operations & Investigations, Firefighting & Disaster Management, Traffic Monitoring, Border Management, Maritime security, and Delivery. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Public Safety Drone Market is Projected to reach USD 2.6 Billion by 2030, at a CAGR of 12.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SZ DJI Technology Co., Ltd., Autel Robotics Co., Ltd., Skydio, Inc., Parrot Drones SAS, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Lockheed Martin Corporation, Ondas Holdings Inc., Draganfly Inc., Advanced Technology Labs AG (Yuneec Europe GmbH) and BRINC DRONES INC.
By Platform
By Type
By Mode or Operation
By Application
By Country
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