NEW
YORK, July 1, 2024 /PRNewswire/ -- The
global tethered drones market size is estimated to grow
by USD 24.9 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 6.18% during the forecast period. Growing demand for drones
in telecommunications is driving market growth, with a trend
towards emergence of miniaturized eo/ir systems. However,
inadequately trained drone pilots poses a challenge. Key market
players include AeroVironment Inc., COMSovereign Holding Corp.,
Dragonfly Pictures Inc., Elistair Sas, Exail Technologies, Flyfocus
sp. Z o.o, Hoverfly Technology Inc., Menet Aero LLC., Mistral
Solutions Pvt. Ltd., Novadem, Perspective Robotics AG, Sky Drones
Technologies Ltd., Sky Sapience Ltd., Skyshot Pte Ltd, Spooky
Action Inc., Teledyne Technologies Inc., UAVTEK Ltd., Volarious,
Yuneec International Co. Ltd., and Zenith Aerotech.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Defense,
Telecommunication, and Inspection and others), Type (Multi-copter
and Quadcopter), and Geography (North America, Europe, APAC, Middle
East and Africa, and South America)
|
Region
Covered
|
North America, Europe,
APAC, Middle East and Africa, and South America
|
Key companies
profiled
|
AeroVironment Inc.,
COMSovereign Holding Corp., Dragonfly Pictures Inc., Elistair Sas,
Exail Technologies, Flyfocus sp. Z o.o, Hoverfly Technology Inc.,
Menet Aero LLC., Mistral Solutions Pvt. Ltd., Novadem, Perspective
Robotics AG, Sky Drones Technologies Ltd., Sky Sapience Ltd.,
Skyshot Pte Ltd, Spooky Action Inc., Teledyne Technologies Inc.,
UAVTEK Ltd., Volarious, Yuneec International Co. Ltd., and Zenith
Aerotech
|
Key Market Trends Fueling Growth
Tethered drones are gaining popularity in various industries due
to their ability to carry advanced payload systems, thanks to the
development of miniaturized EO/IR payloads and COTS technologies.
These enhancements have led to the procurement of small UAVs by
defense and commercial operators, offering tactical advantages on
the battlefield. Infrared sensor technology is also advancing, with
a focus on improving resolution and reducing size for unmanned
vehicles. The integration of more advanced computing systems
further expands the capabilities of tethered drones, driving market
growth during the forecast period.
The Tethered Drones market is experiencing significant growth,
driven by the increasing demand for real-time data collection and
transmission. End-users in various industries such as security,
inspection, and media are adopting tethered drones due to their
extended flight time and improved stability. The use of advanced
technologies like EVOLUTION and ANTENNA in tethered drones enhances
their capabilities, enabling them to cover larger areas and provide
clearer images. The integration of Artificial Intelligence and
machine learning algorithms further enhances their functionality.
The market is expected to continue its upward trend, with companies
focusing on developing more efficient and cost-effective tethered
drone solutions.
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Market Challenges
- The tethered drones market faces a significant challenge due to
the shortage of trained pilots. Improper handling can lead to
safety and privacy concerns, making rigorous training mandatory for
drone operation. The training process is costly and time-consuming,
deterring many potential candidates. Defense agencies have yet to
establish clear career paths for drone operators, further limiting
the talent pool. Despite the critical role tethered drones play in
monitoring and cleaning, the shortage may hinder market growth
during the forecast period.
- The Tethered Drones Market faces several challenges. One major
challenge is the need for constant power supply, as tethered drones
require a connection to a power source. Another challenge is the
complexity of the technology, which requires specialized knowledge
and expertise to operate effectively. Additionally, the cost of
tethered drones can be high, making them less accessible to smaller
businesses and organizations. Furthermore, the regulation of
tethered drones is an ongoing issue, with various governments
implementing different rules and restrictions. Lastly, the market
is competitive, with numerous players vying for market share.
Despite these challenges, the Tethered Drones Market continues to
grow, driven by the demand for advanced aerial surveillance and
data collection solutions.
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challenges - Download a Sample Report
Segment Overview
This tethered drones market report extensively covers market
segmentation by
- End-user
- 1.1 Defense
- 1.2 Telecommunication
- 1.3 Inspection and others
- Type
- 2.1 Multi-copter
- 2.2 Quadcopter
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Defense- Tethered drones have become essential
tools in the defense sector due to their extended surveillance
capabilities and easy deployment. Major drone operators, such as
the US Army, have increased their adoption to optimize ISR
missions. Companies like ours offer reliable tethered platforms,
such as the WATT ETAP, with secure communications, uninterrupted
power supply, and advanced sensors. Border patrol units also
benefit from tethered drones, providing persistent surveillance and
real-time information sharing. The global tethered drones market is
expected to grow significantly due to increasing defense
demands.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Tethered Drones Market encompasses the use of unmanned
aerial vehicles (UAVs) that remain connected to a ground control
station via a tether. These drones are integral to
various industries, including carrier networks for radio planning
and line-of-sight testing during antenna installation. In the realm
of first responders and disaster recovery, tethered drones offer
advantages in terms of data transmission, connection, and
infrastructure inspection. Ad hoc networks enable seamless
communication between these drones for applications such as crop
monitoring in precision agriculture, surveillance, monitoring, data
collection, and security. Reconnaissance missions, event
monitoring, and cargo capacity are additional benefits. Tethered
drones' data transmission capabilities are further enhanced by
artificial intelligence (AI) and machine learning algorithms.
Infrared cameras expand their functionality for various
applications, including surveillance and infrastructure
inspection.
Market Research Overview
The Tethered Drones Market refers to the use of unmanned aerial
vehicles (UAVs) that are connected to a ground control station via
a tether. This technology offers several advantages,
including extended flight time, improved payload capacity, and
real-time data transmission. Tethered drones find extensive
applications in various industries such as oil and gas,
telecommunications, security, and surveying. The market is driven
by factors like increasing demand for high-resolution imaging and
mapping, growing need for real-time data collection, and
technological advancements in tethered drone systems. Additionally,
regulatory frameworks and safety concerns are significant factors
influencing the market's growth. Overall, the Tethered Drones
Market is poised for significant growth due to its numerous
benefits and applications across diverse sectors.
Learn and explore more about Technavio's in-depth
research reports
The global maritime surveillance market is witnessing
significant growth driven by the rising need for enhanced maritime
safety and security. Concurrently, the commercial aircraft cabin
interiors market is booming, propelled by increasing air travel and
demand for passenger comfort. In tandem, the aerospace insurance
market is expanding, reflecting the escalating risks and
complexities in aerospace operations. These trends underscore the
dynamic nature of the aviation and maritime sectors, presenting
substantial opportunities for market players to innovate and
address evolving customer needs.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Defense
- Telecommunication
- Inspection And Others
- Type
-
- Geography
-
- North America
- Europe
- APAC
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio