Tethered Drones Marketembed
Tethered Drones Market
Tethered Drones Market Research Report - Global Industry Forecast To 2023 Tethered Drones Market Research Report - Global Industry Forecast To 2023 P a g e |1 Copyright © 2017 Market Research Future. Tethered Drones Market Research Report - Global Industry Forecast To 2023 VIEW REPORT PRESS RELEASE SAMPLE REPORT P a g e |2 Copyright © 2017 Market Research Future. Tethered Drones Market Research Report - Global Industry Forecast To 2023 Summary: The Global Tethered Drones Market is likely to Expand at a CAGR of 40% during the Assessment Period from 2019 to 2023. Market Overview: Tethered drones, as the term implies, are drones that are equipped with a tether station for the dual purpose of acting as a constant power supply for the drone as well as to maintain aerial stability of the drone. Tethered drones are often fully automated drone systems from take off, to landing and can provide ariel coverage over large areas on a continuous basis. Market Research Future has analyzed the global tethered drones market to find its various growth patterns. In 2017, the market was found to have valued USD 74 Mn. At the predicted rate of growth, this figure is expected to resemble USD 557 Mn by 2023. With stellar growth expected for the market, there are plenty of factors driving the market and many opportunities worth leveraging. The tether on a tethered drone allows for easy continuous movement which allows a wide range of moving objects to be covered making these types of drones ideal for surveillance capabilities. The applications for tethered drones have expanded significantly in recent years, thus driving the market significantly. Other than the growing number of applications, tethered drones are also in high demand as they are highly technologically advanced and industries where drones are used often tend to show a high affinity toward procurement of the latest technology to maintain efficiency in drone applications. Moreover, there is a high demand for proper public safety following many unfortunate incidents in urban regions. High crime rates in urban areas, which are expanding has prompted law enforcement and other public safety authorities to employ the use of advanced technology like tethered drones to promote the feeling of safety among residents of the given area. Notably, the market is held back by the lack of appropriate technical expertise among the end-users of tethered drones. This is restricting the functionality of tethered drones. Segmentation: The report segmented the global tethered drones market on the basis of type, component, application, and region. Types of tethered drones have been segmented into military drones and commercial drones. The military drones segment is largest, while the commercial drone segment is growing at the fastest pace. Most times, advanced technology like this, are adopted at a high rate for military purposes before gaining popularity for commercial applications. Components have been segmented into sensors, controller system, camera, battery, and others, Among these, the sensor segment has the most significant share while the controller system is set to grow at the highest CAGR. P a g e |3 Copyright © 2017 Market Research Future. Tethered Drones Market Research Report - Global Industry Forecast To 2023 Applications of tethered drones have been segmented into law enforcement, surveying, mapping, inspection and monitoring, and others. The monitoring segment has captured the largest share while mapping is growing swiftly and will grow at the highest pace. Regional Analysis: The Americas have captured the market-leading position due to the percent of huge technological advancements in the region and the high investments being made in R&D for tethered drones. The high adoption of new technologies in the market is a significant driving force. The region, particularly the U.S is also home to several leading manufacturers. Europe follows the Americas in terms of market size while the Asia Pacific market is set to grow rapidly due to the presence of rapidly growing economies. Competitive Dashboard: MRFR has performed an analysis of the competitive roles of the various market leaders present in the global tethered drones market. Players included in the report are Hoverfly Technologies (US), ECA Group (France), UAVTEK (UK), Azur Drones (France), Yuneec (China), Drone Aviation (US), Novadem (France), Elistair (France), Sky Technologies (US), and CyPhy Works (US). P a g e |4 Copyright © 2017 Market Research Future. Tethered Drones Market Research Report - Global Industry Forecast To 2023 P a g e |5 Copyright © 2017 Market Research Future.