Fishing Drone Trends and Forecast
The future of the global fishing drone market looks promising with opportunities in the commercial fishing and recreational fishing markets. The global fishing drone market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are growing popularity of recreational fishing worldwide, continuous advancements in drone technology, and rising need for sustainable fishing practices and marine conservation.
• Lucintel forecasts that fixed wing is expected to witness the higher growth over the forecast period.
• Within this market, commercial fishing is expected to witness the higher growth.
• North America is expected to witness highest growth over the forecast period.
United States: Aquabotix announced a new underwater drone model aimed at improving commercial fishing efficiency. The government introduced subsidies for drone adoption in fisheries, targeting a 20% increase in productivity by 2025.
Japan: Yamaha unveiled a specialized fishing drone with enhanced GPS tracking for precise fish locating. Government initiatives include tax incentives for companies investing in drone technology to boost the fishing sector.
Norway: Drone manufacturer Maris Aqua partnered with local fishing companies to integrate drone technology in salmon farming. The government set ambitious targets to reduce overfishing by 25% within the next five years, incentivizing drone use for sustainable practices.
Australia: Drone operator Aerodyne launched a fleet of aerial drones equipped with thermal imaging for detecting fish schools. The government allocated funding for research and development in drone-assisted fishing methods, aiming to modernize the industry and enhance competitiveness.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fishing Drone by Segment
The study includes a forecast for the global fishing drone by type, application, and region.
Fishing Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed Wing
• Rotary Blade
Fishing Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial Fishing
• Recreational Fishing
• Others
Fishing Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fishing 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 fishing drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fishing drone companies profiled in this report include-
• Gannet
• DJI
• Aerokontiki
• Powervision
• Sharkan
• UPair
• 3DR
Recent Development in the Fishing Drone Market
DJI: Launches Phantom Fishing Drone - DJI, a leader in drone technology, unveiled its latest innovation, the Phantom Fishing Drone. This drone is equipped with advanced features specifically designed for anglers, including a high-resolution camera for scouting fishing spots, precision hovering for accurate bait delivery, and a durable waterproof design to withstand harsh marine environments.
PowerVision: Introduces PowerDolphin - PowerVision, renowned for its underwater drones, introduced the PowerDolphin, a versatile aquatic drone designed for fishing enthusiasts. The PowerDolphin boasts intelligent fishing functions such as automated trolling, fish finding sonar, and a built-in fish lure dropper, making it a game-changer in recreational fishing.
Parrot: Collaborates with Fishing Brands - Parrot, a pioneer in consumer drones, announced strategic partnerships with leading fishing equipment brands to integrate drone technology into angling experiences. Through these collaborations, Parrot aims to enhance fishing efficiency by leveraging drones for aerial reconnaissance, bait delivery, and fish tracking, revolutionizing the fishing industry.
Aquabotix: Enhances Fishing Drone Capabilities - Aquabotix, a specialist in underwater drones, unveiled upgraded features for its fishing drones, including improved maneuverability, extended battery life, and enhanced fish detection capabilities. These enhancements aim to empower anglers with cutting-edge technology to optimize their fishing strategies and maximize catch potential.
PowerRay: Launches Fishfinder Drone - PowerRay, recognized for its underwater exploration drones, launched a groundbreaking Fishfinder Drone tailored for recreational and professional fishing applications. Equipped with advanced sonar technology, the PowerRay Fishfinder Drone offers real-time fish detection and underwater mapping, enabling anglers to identify optimal fishing spots with unprecedented precision.
Features of the Global Fishing Drone Market
Market Size Estimates: Fishing 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: Fishing drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Fishing 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 fishing drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fishing drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fishing drone market size?
Answer: The global fishing drone market is expected to reach an estimated $2.5 billion by 2030.
Q2. What is the growth forecast for fishing drone market?
Answer: The global fishing drone market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fishing drone market?
Answer: The major drivers for this market are growing popularity of recreational fishing worldwide, continuous advancements in drone technology, and rising need for sustainable fishing practices and marine conservation.
Q4. What are the major segments for fishing drone market?
Answer: The future of the global fishing drone market looks promising with opportunities in the commercial fishing and recreational fishing markets.
Q5. Who are the key fishing drone market companies?
Answer: Some of the key fishing drone companies are as follows:
• Gannet
• DJI
• Aerokontiki
• Powervision
• Sharkan
• UPair
• 3DR
Q6. Which fishing drone market segment will be the largest in future?
Answer: Lucintel forecasts that fixed wing is expected to witness the higher growth over the forecast period.
Q7. In fishing drone market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. 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 fishing drone market by type (fixed wing and rotary blade), application (commercial fishing, recreational fishing, 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 Fishing Drone Market, Fishing Drone Market Size, Fishing Drone Market Growth, Fishing Drone Market Analysis, Fishing Drone Market Report, Fishing Drone Market Share, Fishing Drone Market Trends, Fishing Drone Market Forecast, Fishing Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.