Global Drone Flight Management System Market 2024-2028
The drone flight management system market is forecasted to grow by USD 14359.5 mn during 2023-2028, accelerating at a CAGR of 28.77% during the forecast period. The report on the drone flight management system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in legal acceptance of drone operations for commercial applications, rise in applications of drones, and rise in popularity of drone racing.
Technavio's drone flight management system market is segmented as below:
By Component
- Ground controller
- Data link
- Onboard controller
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the development of lithium-metal batteries as one of the prime reasons driving the drone flight management system market growth during the next few years. Also, increase in r and d leading to development of autonomous drone technology and growing number of acquisitions and partnerships will lead to sizable demand in the market.
The report on the drone flight management system market covers the following areas:
- Drone flight management system market sizing
- Drone flight management system market forecast
- Drone flight management system market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading drone flight management system market vendors that include AeroVironment Inc., Autel Robotics Co. Ltd., 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., vHive, and Yuneec International Co. Ltd.. Also, the drone flight management system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.