Tethered Power for Drone Market Trends and Forecast
The future of the global tethered power for drone market looks promising with opportunities in the commercial, military, and consumer markets. The global tethered power for drone market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are high demand for long-endurance drones and ongoing advancements in wireless power transfer technology.
• Lucintel forecasts that fixed is expected to witness the higher growth over the forecast period.
• Within this market, commercial is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: Construction giants like Holcim US are investing in building materials with lower carbon footprints. They recently announced a new net-zero cement.
India: The Indian government aims to achieve $1 trillion in construction spending by 2024. This is driving demand for innovative materials like prefabricated elements. Local companies like JSW Cement are expanding production capacities to meet the growing demand for building materials.
China: Chinese steel companies are focusing on developing greener steel production processes to comply with stricter environmental regulations.
Germany: The German government is promoting sustainable construction practices. They offer subsidies for using recycled materials in construction projects.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Tethered Power for Drone Market by Segment
The study includes a forecast of the global tethered power market for drone by type, application, and region.
Tethered Power for Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed
• Portable
Tethered Power for Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Military
• Consumer
• Others
Tethered Power for Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Tethered Power Companies for Drone Market
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 tethered power companies for drone market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tethered power companies for drone market profiled in this report include-
• DJI
• Lifeline
• Foxtech
• SPH Engineering
• Flyfocus
• Valofly
• Volarious
Recent Development in the Tethered Power for Drone Market
Elistair: Elistair has introduced the Safe-T 2, an advanced tethered drone system designed to enhance operational capabilities for various applications, including security, broadcasting, and industrial inspections. The Safe-T 2 offers a robust and weather-resistant design, providing continuous power supply and data transfer capabilities for drones. This system allows drones to operate indefinitely while tethered, making it ideal for long-duration missions that require high reliability and performance. Elistair’s initiative reflects the growing demand for durable and versatile tethered power solutions in the drone market.
Hoverfly Technologies: Hoverfly Technologies has expanded its LiveSky series of tethered drone systems, focusing on improving the scalability and flexibility of its tethered power solutions. The LiveSky systems are designed for rapid deployment and can be used in various scenarios, including emergency response, public safety, and event surveillance. With enhanced power management and real-time data transmission capabilities, these systems enable drones to maintain continuous flight operations, addressing the need for persistent aerial coverage. Hoverfly’s expansion underscores the importance of adaptable and efficient tethered power solutions in dynamic operational environments.
Drone Aviation Holding Corp: Drone Aviation has launched the WATT tethered drone system, aimed at providing reliable and long-endurance power for drones used in military and commercial applications. The WATT system integrates advanced power management technology and secure data links, ensuring continuous power supply and communication during missions. This system is particularly suited for ISR (Intelligence, Surveillance, and Reconnaissance) operations, offering enhanced situational awareness and operational efficiency. The launch of the WATT system highlights Drone Aviation’s commitment to meeting the stringent requirements of both defense and commercial sectors.
Eagle Eye Solutions: Eagle Eye Solutions has developed the EES tethered drone platform, which focuses on providing uninterrupted power and stable flight for industrial inspections, infrastructure monitoring, and security operations. The EES platform features a lightweight and portable design, making it easy to deploy and operate in various environments. With advanced tether management and power distribution systems, this platform ensures consistent and reliable drone performance. Eagle Eye Solutions’ development emphasizes the growing need for efficient and user-friendly tethered power solutions in the industrial and security markets.
Atlas Dynamics: Atlas Dynamics has introduced the NEST, a tethered power solution designed to extend the operational capabilities of drones used in surveillance, emergency response, and infrastructure monitoring. The NEST system offers a compact and rugged design, providing continuous power supply and high-speed data transfer for drones. This solution is tailored for applications requiring persistent aerial presence and quick deployment. The introduction of the NEST system demonstrates Atlas Dynamics’ focus on enhancing the operational efficiency and reliability of drones through innovative tethered power solutions.
Features of the Global Tethered Power for Drone Market
Market Size Estimates: Tethered power for 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: Tethered power for drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Tethered power for 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 of the tethered power for drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tethered power for drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast of tethered power for drone market?
Answer: The global tethered power for drone market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the tethered power for drone market?
Answer: The major drivers for this market are high demand for long-endurance drones and ongoing advancements in wireless power transfer technology.
Q3. What are the major segments of tethered power for drone market?
Answer: The future of the tethered power for drone market looks promising with opportunities in the commercial, military, and consumer markets.
Q4. Who are the key tethered power companies for drone market?
Answer: Some of the key tethered power companies for drone market are as follows:
• DJI
• Lifeline
• Foxtech
• SPH Engineering
• Flyfocus
• Valofly
• Volarious
Q5. Which tethered power for drone market segment will be the largest in future?
Answer: Lucintel forecasts that fixed is expected to witness the higher growth over the forecast period.
Q6. In tethered power for 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.
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 of the tethered power for drone market by type (fixed and portable), application (commercial, military, consumer, 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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