Custom Drone Trends and Forecast
The future of the global custom drone market looks promising with opportunities in the enterprise, individual, and government markets. The global custom drone market is expected to grow with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are increasing demand for specialized drones for unique applications and growing interest in drone services tailored to specific industries.
• Lucintel forecasts that design is expected to witness the highest growth over the forecast period.
• Within this market, enterprise is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
USA: EHang received FAA approval to operate its passenger autonomous aerial vehicle (AAV) for commercial use. This opens doors for custom passenger drone development.
China: DJI announced the launch of its new Matrice 700 Plus custom industrial drone platform. This platform is designed for developers to build custom drone solutions for various applications.
South Korea: The government announced a $7 million investment to support research and development of custom drone solutions for agriculture and public safety applications.
Germany: Lufthansa Cargo partnered with Drone Delivery Service (company) to launch a pilot project for custom delivery drones in urban areas.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Custom Drone by Segment
The study includes a forecast for the global custom drone by type, application, and region.
Custom Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Design
• Manufacture
• Upgrade
• Repair
Custom Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Enterprise
• Individual
• Government
• Others
Custom Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Custom Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies custom drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the custom drone companies profiled in this report include-
• Lumenier
• Avetics
• EDINBURGH DRONE
• Build Your Own Drone
• AltiGator
• Vulcan UAV
• Draganfly
• AerialPixels
• Alphaswift Industries
• LA Drones
Recent Development in the Custom Drone Market
EHang (USA): Received FAA approval to operate its passenger autonomous aerial vehicle (AAV) for commercial use. This paves the way for development of custom passenger drones.
DJI (China): Launched its new Matrice 700 Plus custom industrial drone platform designed for developers to build custom drone solutions for various applications in agriculture, construction, and inspection.
South Korea government: Announced a $7 million investment to support research and development of custom drone solutions for agriculture and public safety applications. This initiative is expected to accelerate the development of custom drones for spraying pesticides, monitoring crops, and search and rescue operations.
Lufthansa Cargo (Germany): Partnered with Drone Delivery Service (company) to launch a pilot project for custom delivery drones in urban areas. This project could revolutionize urban logistics by enabling faster and more efficient deliveries.
Features of the Global Custom Drone Market
Market Size Estimates: Custom drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Custom drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Custom drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the custom drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the custom drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for custom drone market?
Answer: The global custom drone market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the custom drone market?
Answer: The major drivers for this market are increasing demand for specialized drones for unique applications and growing interest in drone services tailored to specific industries.
Q3. What are the major segments for custom drone market?
Answer: The future of the custom drone market looks promising with opportunities in the enterprise, individual, and government markets.
Q4. Who are the key custom drone market companies?
Answer: Some of the key custom drone companies are as follows:
• Lumenier
• Avetics
• EDINBURGH DRONE
• Build Your Own Drone
• AltiGator
• Vulcan UAV
• Draganfly
• AerialPixels
• Alphaswift Industries
• LA Drones
Q5. Which custom drone market segment will be the largest in future?
Answer: Lucintel forecasts that design is expected to witness the highest growth over the forecast period.
Q6. In custom drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the custom drone market by type (design, manufacture, upgrade, and repair), application (enterprise, individual, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Custom Drone Market, Custom Drone Market Size, Custom Drone Market Growth, Custom Drone Market Analysis, Custom Drone Market Report, Custom Drone Market Share, Custom Drone Market Trends, Custom Drone Market Forecast, Custom Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.