Published Date: 30-Aug-2023
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According to a new report, published by KBV research, The Global Public Safety Drone Market size is expected to reach $2.6 billion by 2030, rising at a market growth of 12.6% CAGR during the forecast period.
The Small Drones (2kg- 25Kg) segment is leading the Global Public Safety Drone Market by Platform in 2022, thereby achieving a market value of $1.9 billion by 2030. Due to their portability and lightweight, the use of small drones is predicted to increase. They can be quickly deployed and offer situational awareness and aerial emergency surveillance. They are less expensive to acquire and require less deployment infrastructure, like hangars or runways. Risks to public safety and law enforcement personnel can be reduced by using small drones.
The Fixed Wing segment has shown the high growth rate of 12.9% during (2023 - 2030). Fixed-wing public safety drones are extremely helpful in disaster assessment, search, rescue missions, and surveillance operations since they can fly longer and cover larger areas. In adverse weather conditions, fixed-wing drones outperform the majority of multi-rotor drones. They are perfect for missions in challenging terrain, coastal regions, or remote locations because of their ability to fly at higher altitudes and stability in strong winds. More cargo can be carried by fixed-wing drones than by multi-rotor drones.
The Semi-autonomous segment acquired the maximum revenue share in the Global Public Safety Drone Market by Mode or Operation in 2022, thereby achieving a market value of $1.7 billion by 2030. The cost-effective use of public safety drones in various applications, from border management to surveys, can be credited with the segment's expansion. Additionally, semi-autonomous drones have cutting-edge technology and offer excellent mobility. They require relatively little upkeep.
The Firefighting & Disaster Management segment would generate a CAGR of 12.8% during (2023 - 2030). Drones for emergencies are also directly contributing to the field of firefighting. Drones were first used for disaster response prediction by University of Montana researchers in 2021, with a focus on forest fires. Drones are extremely useful for firefighting applications since they may carry sensors to measure humidity, temperature, position, wind speed, and direction. A heavy-lift drone with modular payloads is also being actively developed by AutonoSky, a top South African manufacturer of drones, one of which is intended for use in firefighting operations.
The North America region dominated the Global Public Safety Drone Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $992.6 million by 2030. The Europe market is poised to grow at a CAGR of 12.1% during (2023 - 2030). Additionally, The Asia Pacific market would display a CAGR of 13.5% during (2023 - 2030).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Mode or Operation
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