Drone Light Shows Market Forecasts to 2028 – Global Analysis By Type (Animated Sculptures, Drone Formations), Application (Cultural Performance, Exhibition, Teaching Research), and By Geography

Drone Light Shows Market Forecasts to 2028 – Global Analysis By Type (Animated Sculptures, Drone Formations), Application (Cultural Performance, Exhibition, Teaching Research), and By Geography

According to Stratistics MRC, the Global Drone Light Shows Market is accounted for $3.12 billion in 2021 and is expected to reach $10.43 billion by 2028 growing at a CAGR of 18.8% during the forecast period. Drone light displays are formed by groups of drones that are coordinated, lighted, and choreographed to produce several aerial formations. The computer software that converts images into flight commands and sends them to the drones can replicate almost any image in the sky. Drone shows have progressed from the academic lab to large-scale deployments at major events across the world in recent years.

Market Dynamics:

Driver:

Rising Income and Usage of Social Media

With the rise in disposable incomes level, people from developed and developing countries look forward to spending on such festivals. One of the major reasons for this is the growing use of social media by people to post about such events. People get influenced by such posts and develop an urge to satisfy their desires by spending on such festivals. EDM has been growing ever since its extravagant entry into mainstream music.

Restraint:

Stringent rules and regulations by the Government

Rigid rules and regulations by the government may also lead to restraining the growth of the market. Moreover, the rising cost of drone light shows can lead to a decrease in the demand for such products & services. Moreover, in various provinces, the authority of the use of remotely controlled aircraft for commercial purposes has been a source of legal issues. Recently, a law was introduced by FAA detailing the best practices for drone pilots, such as maintaining the machines below 400 feet and always within visual sights. The major restraint that hampers the growth of Drone Light Shows globally is the restricted use of drones during rains and strong winds.

Opportunity:

Growing Investment in Drone Technology

Several companies are capitalizing on the innovation of drone technology. Intel has announced the ‘Shooting Star’ Quadcopter, a type of drone that is used for light shows. This was used in various international events like the 4th July celebration, Winter Olympics 2018, etc. SKYMAGIC, one of the world’s leading performance drone companies, helped to deliver a ground-breaking pyrotechnic drone show designed by Phil Grucci and realized by Fireworks by Grucci and SKY MAGIC. The Ras Al Khaimah NYE show marked the debut of a new generation of performance drones and a brand-new offering to the world of live events.

Threat:

Variety of Technology

A successful show execution necessitates a variety of technologies that are still in their development. Drone exhibitions are no exception to the rule that innovations take time to spread. Hence, the variety of techniques used for the execution of drones is still one of the threats.

Tourist Attraction segment is expected to be the largest during the forecast period

The light shows are a popular tourist attraction and these shows can garner tourist attraction without causing pollution like fireworks to do. San Diego wishes to test 500 drones for a night light show in its SeaWorld, as per the news published in 2019. This industry is therefore expected to continue to flourish. Drones will also soon be used in various cultural events and festivals across the globe owing to their brilliant display and entertainment value while looking aesthetically appealing.

The Drone Formations segment is expected to have the highest CAGR during the forecast period

In drone formation, a large number of drones swarm like bustling bees and perform precise maneuvers that may look effortless, but the work going on beyond the controller is incredibly complicated. The contents to be presented via the formation flight can be customized based on specific branding requirements. Drone formation is the most basic necessity of any drone light shows hence its adoption is significant. These trends will propel drive the demand for drone formations type segment across the forecast timeline.

Region with highest share:

North America is projected to hold the highest market share. As, in general, expansive funding towards drones has been a part of the U.S budget allocation. This includes creating newer and improved drones that are helpful for military operations. The companies thereby have also been creating drones that are cheap, effective, and low-cost variants that can be used for light shows. An article published on the Innovate website, April 2019, delved into insights shared by Zhiyuan Li, VP o EHang Egret, stating that they have the capacity of 5k-10K drones due to intelligence command and systems to all the drones, their production was also a part of the 1374 drone show.

Region with highest CAGR:

Europe is projected to have the highest CAGR, due to the factors such as growing GDP and urbanization, the standard of living of the people residing in these provinces increases, driving the market growth of the Drone Light Shows market.

Key players in the market:

Some of the key players profiled in the Drone Light Shows Market include Collmot Entertainment, Drone Light Show Company, Geoscan, High Great, Intel Corporation, Skymagic, SPH Engineering Limited, Zerotech.

Key developments:

In February 2020: CollMot Entertainment, a Hungarian company announced that it puts on traditional drone shows, has been working on something a little bit different. Instead of using drones as pixels, they’ve developed a system that uses drones to generate an enormous screen in the sky, and then laser projectors draw on that screen to create “the largest 3D display you have ever seen.”

In August 2019: Geoscan Salute launched a massive drone show based on new platform. Salute is a branch of Geoscan Pioneer project. Drone's ergonomics was improved drastically, giving us the ability to focus on show's technical details. It also reduced pre-launch preparation time.

In January 2016; Intel Corporation acquired Ascending Technologies, a drone developer and manufacturer. Through this acquisition Intel gains expertise and technology to accelerate the deployment of Intel RealSense technology into the fast-growing drone market segment.

Types Covered:
• Animated Sculptures
• Drone Formations
• Drone-Launched Fireworks
• Light Paintings

Applications Covered:
• Cultural Performance
• Exhibition
• Teaching Research
• Tourist Attraction

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances