Large Drone Trends and Forecast
The future of the global large drone market looks promising with opportunities in the military and civil markets. The global large drone market is expected to grow with a CAGR of 10.5% from 2024 to 2030. The major drivers for this market are increasing demand for drone-as-a-service models and expanding usage of this technology in various sectors, such as agriculture, logistics, and mining.
• Lucintel forecasts that electric is expected to witness the higher growth over the forecast period.
• Within this market, military is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Amazon began testing large delivery drones for Prime Air, aiming to enhance logistics efficiency. The FAA is collaborating with companies to develop regulations for safe drone integration into commercial airspace.
China: DJI launched the Agras T30, a large agricultural drone, enhancing precision farming capabilities. The government supports drone technology to boost agricultural productivity and innovation.
Australia: Swoop Aero expanded its drone logistics network for medical supply delivery in remote areas. The Australian government is funding projects to improve healthcare access through drone technology.
Germany: Wingcopter partnered with UPS to develop large drones for package delivery, targeting urban areas. The German government is promoting research and development in drone technology to support sustainable transportation solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Large Drone by Segment
The study includes a forecast for the global large drone by type, application, and region.
Large Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Electric
• Hybrid
Large Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military
• Civil
• Others
Large Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Large 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 large drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the large drone companies profiled in this report include-
• Baykar
• Northrop Grumman
• Aevum
• General Atomics
• Kratos Defense & Security Solutions
Recent Development in the Large Drone Market
Amazon: Amazon is advancing its Prime Air delivery service by testing large drones designed to transport packages over long distances. These drones are aimed at enhancing the efficiency of AmazonÄX%$%Xs logistics network and reducing delivery times, reflecting AmazonÄX%$%Xs commitment to innovative logistics solutions.
DJI: DJI introduced the Agras T30, a large agricultural drone equipped with advanced spraying systems and AI technology. This drone is designed to optimize crop management and increase agricultural productivity. DJIÄX%$%Xs initiative underscores its focus on leveraging drone technology to support sustainable farming practices.
Swoop Aero: Swoop Aero expanded its drone logistics network to deliver medical supplies to remote and underserved areas in Australia. This initiative aims to improve healthcare access and delivery efficiency, showcasing Swoop AeroÄX%$%Xs commitment to using drone technology for social good and addressing critical healthcare challenges.
Wingcopter: Wingcopter, in partnership with UPS, is developing large drones for urban package delivery. These drones are designed to enhance last-mile delivery services, particularly in densely populated areas. WingcopterÄX%$%Xs initiative highlights its role in revolutionizing urban logistics through innovative drone solutions.
Boeing: Boeing announced advancements in its unmanned cargo air vehicle (CAV) project, which involves developing large drones capable of transporting heavy payloads. This initiative is part of BoeingÄX%$%Xs broader strategy to integrate drones into the logistics and transportation sectors, aiming to transform how goods are moved across long distances.
Features of the Global Large Drone Market
Market Size Estimates: Large drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Large drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Large 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 large drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the large drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for large drone market?
Answer: The global large drone market is expected to grow with a CAGR of 10.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the large drone market?
Answer: The major drivers for this market are increasing demand for drone-as-a-service models and expanding usage of this technology in various sectors, such as agriculture, logistics, and mining.
Q3. What are the major segments for large drone market?
Answer: The future of the large drone market looks promising with opportunities in the military and civil markets.
Q4. Who are the key large drone market companies?
Answer: Some of the key large drone companies are as follows:
• Baykar
• Northrop Grumman
• Aevum
• General Atomics
• Kratos Defense & Security Solutions
Q5. Which large drone market segment will be the largest in future?
Answer: Lucintel forecasts that electric is expected to witness the higher growth over the forecast period.
Q6. In large 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 large drone market by type (electric and hybrid), application (military, civil, 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?
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