Australia Drone Market Overview, 2028

Australia Drone Market Overview, 2028

Australia has emerged as an innovator in drone technology thanks to its wide landscapes, gorgeous beaches, and rich fauna. Australia is undergoing a drone revolution, with a thriving market spanning industries ranging from agriculture to cinematography and beyond. Australia's drone business is exploding, and the causes are as varied as the nation itself. Australia's wide and varied landscapes, which present a canvas of options for drone applications, are a crucial driver of this expansion. Drones are increasingly becoming vital tools across industries, whether it's monitoring isolated agricultural areas, doing aerial assessments of mining sites, or capturing the pristine beauty of the Outback from above. The Australian drone market demonstrates the adaptability of UAVs. Precision farming techniques enabled by drones are revolutionizing agriculture. They monitor crop health, optimize irrigation, and evaluate soil conditions, all of which contribute to higher yields and more sustainable farming techniques. Drones are invaluable in the mining industry for site surveys, volumetric calculations, and safety checks, increasing production and safety in this crucial sector. The steep topography and natural diversity of Australia make it an ideal location for environmental conservation efforts. Drones are used to monitor wildlife, map ecosystems, and assist with firefighting. These apps enable conservationists to safeguard Australia's unique biodiversity and respond quickly to natural disasters. In Australia, there are around 1,800 certified drone operators. And the figure is only rising. Australia hosts the biennial World of Drones Congress to accelerate the integration of drones into numerous industries and raise awareness of the benefits of utilizing drones for good. Furthermore, it serves as a hub for all stakeholders, including government, academia, business, and others.

According to the research report ""Australia Drone Market Overview, 2028,"" published by Bonafide Research, the Australia Drone market is projected to add more than USD 1 Billion from 2023 to 2028. Australia has also been identified as a drone innovation hotspot. Project Wing was possibly one of the most popular recent ones on Australian soil. Furthermore, Alphabet (Google's parent firm) launched a drone delivery company. Using drones, the business has transported food to isolated regions in Australia. In addition, universities are at the forefront of drone innovation. The Queensland University of Technology, for example, intends to use drones to study koala populations in south-east Queensland. Another university, the University of South Australia, is developing a ""pandemic drone. This drone will be responsible for monitoring and recognizing people who have contagious respiratory disorders. One of the nation's top priorities for drones is to create a regulatory framework that allows for more drone inclusion in the airspace. Furthermore, it is one of CASA's objectives. Having said that, its efforts in this direction are visible. The RPAS digital platform was introduced. This site collects drone-related cautions, rules, legal information, and other resources. As a result, app developers can utilize the data to construct apps for drone operators. Another such initiative merits consideration. Monash University and a few partners are leading Australia's Scalable Drone Cloud initiative. It is a platform for data management, best practice exchange, and worldwide collaboration. The goal is to push Australian drone research to the next level. In relation to this, many experts believe that airspace regulation will be one of the most hotly debated topics in the future of the burgeoning drone industry. 5G technology is also expected to be an important component of drone infrastructure. Drones can use it to detect their position in the air corridor in real time and avoid colliding with each other. More drone applications, such as delivering medication and vaccinations, and increased usage in areas where drones are used, such as agriculture, mining, surveillance, entertainment, and more, are predicted for the drone industry.

In terms of product type market is segmented into commercial drone, military drone and consumer drone. Commercial drone dominates the market of Australia with significant market share and is expected to remain same during the forecast period as well. The Australian government supports the development and commercialization of drones. In 2019, the government issued a drone strategy outlining its aims to promote the industry's growth. The approach includes initiatives such as creating industry-friendly policies, investing in R&D, and promoting the use of drones in enterprises and government institutions. In Australia, the need for drone-based services is increasing. This is being driven by the rising use of drones by businesses across a wide range of industries, including agriculture, construction, and mining. Overall, the combination of government support, appropriate rules, a big and diverse terrain, expanding demand for drone-based services, skilled labor availability, and competitive pricing has produced a favourable environment for the expansion of Australia's commercial drone business.

Based on type market is majorly segmented into fixed wing, rotary wing and hybrid. Rotary wing type is expected to lead the market of Australia with significant market share. Rotary-wing drones are adaptable and can be used for a wide range of tasks, including surveying, inspection, and delivery. Rotary-wing drones can transport more cargo than fixed-wing drones. This makes them perfect for delivery and farm use. In general, rotary-wing drones are subject to less strict regulations than fixed-wing drones. This makes them simpler to use and deploy. Furthermore based on payload market is segmented into upto 25 Kg, drones from 25Kg – 150Kg and drones more than 150 Kg. Drones from 25Kg – 150Kg payload capacity are playing crucial role in development of drone market of Australia. These drones can carry greater payloads, making them suitable for a wide range of applications, including delivery, agriculture, and construction. These drones transport packages as well as other commodities such as food and medication. As organizations explore ways to minimize their carbon footprint and enhance efficiency, this is a developing market. These drones assess construction sites, inspect progress, and transport materials. This can help increase construction site safety and efficiency. Furthermore, these drones are frequently outfitted with improved safety features, such as collision avoidance systems and redundant flying controls, making them safer to use.

Considered in this report:
• Geography: Australia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Australia Drone market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Commercial Drone
• Military Drone
• Consumer Drone

By Type:
• Fixed Wing
• Rotary Wing
• Hybrid

By Payload:
• Drones Upto 25 Kg
• Drones from 25 Kg - 150 Kg
• Drones More than 150 Kg

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Drone industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.