The consumer (recreational) drone refers to unmanned aerial vehicles used for purposes of entertainment and have simple-to-use controls targeted at general public use rather than for commercial purposes. The main types of consumer drones are fixed-wing drones, rotary-blade drones, and hybrid drones. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different technologies include remotely operated drones, semi-autonomous drones, autonomous drones, and drones that are used in hobbies and gaming, aerial photography, and others. The consumer drones market research report is one of a series of new reports from The Business Research Company that provides consumer drones market statistics, including consumer drones industry global market size, regional shares, competitors with a consumer drones market share, detailed consumer drones market segments, market trends and opportunities, and any further data you may need to thrive in the consumer drones industry. This consumer drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global consumer drones market size will grow from $4.85 billion in 2022 to $5.72 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer drones market size is expected to grow from $8.74 billion in 2027 at a CAGR of 11.2%. The rising popularity of aerial photography is driving the consumer (recreational) drone market. Photography enthusiasts are increasingly using drones to capture photographs and videos from a birds-eye view, which would otherwise require high-end video cranes. This increase in popularity has led consumers to purchase hobbyist drones and use them for photography purposes, driving the market growth. According to the United States Federal Aviation Administration, there will be 3.5 million small hobbyist drones in 2021. The slowdown in the use of commercial drones for outdoor activities and the unavailability of the workforce to carry out necessary operations owing to the COVID-19 outbreak are projected to limit the growth of the consumer drone industry. According to the World Health Organization, coronavirus is spread in 214 countries worldwide, disrupting manufacturing and logistics across various industries. Various e-commerce companies have discontinued the supply of non-essential items, affecting the consumer drone industry along with other electronic supplies. Many countries have announced lockdowns, prohibiting the inessential movement of their citizens out of their houses. Moreover, the shutdowns of major brand stores, hypermarkets, and supermarkets have resulted in a decline in sales through offline channels. According to Bisinfotech magazine, published in March 2020, the COVID-19 outbreak has affected bilateral trade worth $87 billion, with 163 Fortune 1000 companies around the globe having one or more direct (tier-1) suppliers impacted and at least five million companies having one or more tier-2 suppliers affected by the outbreak. Therefore, the slowdown in the use of commercial drones for outdoor activities alongside the negative impact on production activities, logistics, and unavailability of the workforce during coronavirus outbreaks is expected to act as a major restraint for the growth of the consumer drone market in the near future. Drone manufacturers are increasingly using artificial intelligence to enable the automation of consumer drones. Consumer drones that fly beyond the controller's range and line-of-sight are being equipped with self-navigating technology through the integration of deep-learning algorithms and other machine learning methods. Drones are usually controlled using a wireless remote controller. However, with artificial intelligence, flight instructions can be programmed within the drone itself. Using variables such as target location, engine rotor speed, height, air-speed velocity, and other environmental factors, the drone can learn how to fly by itself and make self-corrections whenever necessary. For example, Skydio has created a drone called the R1, which uses machine learning to maneuver itself in mid-air and follow a person (target) wherever they go. In January 2020, Red Cat Holdings Inc. announced the acquisition of Rotor Riot for an undisclosed amount. This acquisition is expected to combine resources and expertise to facilitate growth for both companies in order to expand the consumer base for FPV drones. The companies also aim at developing and providing new and exciting technologies for drones for the hobby, lifestyle, and commercial industries. Rotor Riot is a provider of FPV freestyle drone content and products for sports and hobbies. Major players in the consumer drones market are 3D Robotics, Cheerson, Parrot S.A, DJI, Yuneec, EHang, Airdog, GoPro, Guangdong Cheerson Hobby Technology. North America was the largest region in consumer drones market in 2022. North America is expected to be the fastest growing region in the global consumer drones market during the forecast period. The regions covered in the global consumer drones market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the consumer drones market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The consumer (recreational) drone market consists of sales of remotely piloted and unpiloted aerial vehicles for general purposes such as recreation, fun, and entertainment by mass users. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global consumer drones market is segmented - 1) By Type: Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone 2) By Technology: Remotely Operated Drone, Semi-Autonomous Drone, Autonomous Drone 3) By Application: Hobbyist & Gaming, Aerial Photography, Others

Nano drones refer to extremely small drones or remote-controlled aircraft. They are built with smaller-sized rotors and motors and hence are light in weight, small in size, portable, and easier to control and navigate. The main types of nano drones are fixed-wing nano drones, rotor nano drones, flapping-wing nano drones, and others. Fixed-wing nano drones are used for ISR missions, surveying and mapping, search and rescue, and other aerial applications. The different payloads of nano drones include cameras, control systems, tracking systems, others and are used by various end-users, such as consumers, military or law enforcement, and others. The nano drones market research report is one of a series of new reports from The Business Research Company that provides nano drones market statistics, including nano drones industry global market size, regional shares, competitors with a nano drones market share, detailed nano drones market segments, market trends and opportunities, and any further data you may need to thrive in the nano drones industry. This nano drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global nano drones market size grew from $1.3 billion in 2022 to $1.7 billion in 2023 at a compound annual growth rate (CAGR) of 31.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nano drones market size is expected to grow to $4.81 billion in 2027 at a CAGR of 29.7%. The increase in the adoption of nano-drones by military bodies is contributing to the growth of the nano-drones market. Nano drones are being employed as a major military asset due to their ability to integrate a lot of capabilities into a small form factor. For instance, in May 2020, FLIR Systems, Inc., a US-based company that specializes in the design and production of thermal imaging cameras and sensors, declared that it has been granted an extra $20.6 million deal from the USA Army to deliver its FLIR Black Hornet Nano-UAV Systems. Furthermore, in December 2020, the British army has purchased 30 nano bug drones to allow soldiers to spy on targets up to 2 kilometers (1.25 miles) away, marking the latest move in the contentious use of unmanned aerial vehicles by the military (UAVs). The growing technological advancements are shaping the nano-drones market. In recent years, nano-drone technology has advanced intensely, allowing them to fly faster and deeper than ever before, as well as carry out complex surveillance missions. For instance, in December 2020, BAE Systems, a UK-based aerospace company in collaboration with UAVTEK, a UK-based drone manufacturer developed a super lightweight bug drone based on nanotechnology. The bug is a nano-unmanned aerial vehicle (UAV) that weighs 196g, about the same as a smartphone, has a 40-minute battery life, and a range of 2 kilometers. During a recent Army Warfighting Experiment (AWE) program conducted by the Ministry of Defence's Future Capability Unit, it was the only nano-UAV capable of surviving the harsh weather. In April 2021, Anduril Industries, a US-based defense tech company acquired Area-I for an undisclosed amount. The acquisition enables Anduril to add hardware capabilities of Area-I to its automation and data-sensing technology. Area-I is a US-based small drone company. Major players in the nano drones market are AeroVironment Inc., Aerix Drone, Extreme Fliers, Drona Aviation Pvt Ltd., Guangdong Cheerson Hobby Technology Co. Ltd., Mota Group Inc., Parrot SA, Prox Dynamics, Skyrocket Toys LLC, Horizon Hobby, Lockheed Martin, Israel Aerospace Industries, Elbit Systems, Dajiang Innovation Technology Co., BAE Systems, The Boeing Company, Thales Group, and Textron. North America was the largest region in the nano drones market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nano drones report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the nano drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The nano drones market consists of sales of mini drones for smaller operations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global nano drones market is segmented - 1) By Type: Fixed Wing Nano Drones, Rotor Nano Drones, Flapping Wing Nano Drones, Others 2) By Payload: Camera, Control Systems, Tracking Systems, Others 3) By End User: Consumer, Military Or Law Enforcement, Others

Delivery drones are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages. Delivery drones are functioned independently or remotely, with controllers theoretically monitoring several drones at once. The main types of delivery drones are fixed wing drones, rotor drones, and hybrid drones. A fixed wing drone is a rigid structure that has a fixed position rather than moving up and down. The rotor drone is arranged with a tail rotor to control its heading. It is further divided into two types single rotor drone and multi rotor drone, and hybrid drones are a mix of both. These are used for delivery in e-commerce, quick-service restaurants (QSR), and healthcare sectors. The delivery drones market research report is one of a series of new reports from The Business Research Company that provides delivery drones market statistics, including delivery drones industry global market size, regional shares, competitors with a delivery drones market share, detailed delivery drones market segments, market trends and opportunities, and any further data you may need to thrive in the delivery drones industry. This delivery drones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.   The global delivery drones market size grew from $1.45 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The delivery drones market size is expected to grow to $4.35 billion in 2027 at a CAGR of 26.8%.   The increase in demand for drone deliveries during COVID-19 contributed to the growth of the delivery drones market. During COVID-19, contactless distribution expanded, and drones play a crucial role in ensuring the companies and clients contact as little as needed. Drones were heading to the sky in massive numbers during the pandemic to bring vital goods and drugs to the population in lockdown. In 2020, Alphabet's drone delivery company Wing has seen significant growth in demand as individuals comply with social distancing guidelines during the COVID-19 outbreak. Many individuals have been using the service in recent months as the COVID-19 pandemic continues, and Wing found that between February 2020 and April 2020, in Australia, the use of its service increased by 500%. Therefore, the increasing demand for drone deliveries during COVID-19 drives the growth of the delivery drones market.   The high cost of drone deliveries is expected to impede the growth of the delivery drones market over the coming years. Delivery drones or unmanned aerial vehicles are unmanned aircraft delivering items to a specified location. These are costly because of all the modern technologies that are required to enable them to fly longer, safer and avoid hurdles. For example, the amount United Parcel Service (UPS) charges to customers is $12.92, but the real average price of shipping one product along a path they are already delivering is around $2. Therefore, the high cost of drone deliveries hampers the growth of the delivery drones market.   Growing technological advancements are shaping the delivery drones market. Over the past few years, drones have become extremely prevalent as many individuals and organizations are completely accepting and incorporating this technology into their business models. For instance, in May 2022, Skyway, a US-based navigation service provider to urban air mobility (UAM) partnered with Zing Drone Delivery, a US-based drone delivery solutions firm to introduce first-ever food delivery by an advanced drone in Montverde, Florida, the USA. Skyway also started low-altitude weather services with its navigation services to enable safe delivery. This drone delivery offered time savings, efficiency, and convenience for users.   In December 2021, Delhivery, an Indian logistics and supply chain company acquired Transition Robotics Inc for an undisclosed amount. The acquisition is part of Delhivery’s efforts towards starting drone delivery in India. Transition Robotics Inc is an American developer of drone or unmanned aerial system (UAS) platforms.   Major players in the delivery drone market are Airbus SE, DJI Technology Co. Ltd., Flirtey, EHANG, Zipline, Uber Technologies Inc., United Parcel Service of America Inc., Alibaba Group Holding Ltd., Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc., JD.com, Matternet Inc., and The Boeing Company.   North America was the largest region in the delivery drones market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the delivery drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.   The countries covered in the delivery drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The delivery drones market consists of sales of drones with various types of rotors as well as fixed-wing hybrid drones for small delivery operations.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global delivery drones market is segmented - 1) By Drone Type: Fixed Wing Drones, Rotor Drones, Hybrid Drones 2) By Payload: Less than 2 kg, 2–5 kg, More than 5 kg 3) By Application: E-commerce, Quick-service Restaurants (QSR), Healthcare, Others

Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in search and rescue, national defense, military exercises, and others. The military drones market research report is one of a series of new reports from The Business Research Company that provides military drones market statistics, including military drones industry global market size, regional shares, competitors with a military drones market share, detailed military drones market segments, market trends and opportunities, and any further data you may need to thrive in the military drones industry. This military drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global military drones market size will grow from $14.54 billion in 2022 to $15.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global military drones market size is expected to grow to $20.64 billion in 2027 at a CAGR of 6.8%. Increasing government funding for military drones to enhance efficiency in military operations boosts the demand for the production of military drones. For instance, in May 2021, according to an article published by the National Defense Industrial Association, a US-based trade association for the United States’ government and defense industry, in fiscal year 2021, the US Defense Department allotted $7.5 billion for a range of robotic platforms and associated technologies. For the purchase of unmanned systems, the Navy and Air Force each received about $1.1 billion; the Army received $885 million, the Marine Corps $70 million, and SOCOM $90 million. Hence, the increasing government spending on unmanned drones is driving the military drone market. Production and delivery are the two factors likely to limit the development of the military drone market during 2020. The COVID-19 outbreak impacted the supply chains for various industries, including the auto industry, electronics industry, food industry, pharma industry, and defense industry across the globe. Many manufacturing plants are operating at minimal capacities or have shut down their operations completely. According to an Air Force Technology publication on April 7, 2020, COVID-19 disrupted defense supply chains. The production and assembling activities have been stopped by the big companies owing to the COVID-19 lockdowns. Therefore, the production and disruptions are deteriorating the distribution and supply of military drones, which, in turn, is expected to decline the military drone sales during 2020. Drone swarm technology is growing in popularity in the military drone market due to its cost efficiency and high firepower. Drone swarms are a large group of small drones that coordinate with each other to perform actions such as a survey of enemy territories, search and rescue, and attacks on hostile objects. Drone swarm technology involves the production of several small, cheap drones rather than one large, expensive drone, therefore offering military drone manufacturers and end-users efficiency in terms of cost and time. With the use of advanced swarm technologies, the military and armed forces can effectively carry out lethal drone strikes in multiple places at once. For instance, Microsystems developed a drone swarming system called the WOLF-PAK, which has the capability to fly small drones in groups and make them split away from the group whenever necessary. In February 2022, Halcon, a subsidiary of EDGE Group, a UAE-based provider of military weaponry and related technologies, unveiled the Hunter 2-S, a tube-launched swarming drone system. The Hunter 2-S is an unmanned aerial vehicle from the Hunter 2 series. These drones are anticipated to communicate with one another in order to track targets, hold positions, and engage with the proper targets. The drones can communicate with each other through a main channel using a specific algorithm, which sends messages to all of the drones and assigns each one of them a specific mission to fly to the target. In July 2020, UAS Drone Corp., an Israel-based company that designs, develops, and manufactures unmanned aerial systems, acquired Duke Robotics, Inc. With these acquisitions, the main focus is on Duke Robotics' business to expand its presence in the military drone market with TIKAD – a UAS Octocopter Integrated with a Six Degrees of Freedom ('6 DOF') Robotic Gimbal system which enables remote, real-time firing of small arms and light weapons. Duke Robotics is a cross-disciplinary association of research labs and teaching faculty conducting world-class research and training future generations of thinkers and creators. Major players in the military drones market are Northrop Grumman, Lockheed Martin, Boeing, AeroVironment, General Atomics, Textron, Elbit Systems, Israel Aerospace Industries, Thales, China Aerospace Science And Technology Corporation. Asia-Pacific was the largest region in military drones market in 2022. Western Europe is expected to be the fastest-growing region in the global military drones market during the forecast period. The regions covered in the global military drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the global military drones market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The military drone market consists of sales of military drones for purposes such as operations, surveillance, mapping, communication, and equipment delivery in military. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global military drones market is segmented - 1) By Drone Type: MALE, HALE, TUAV, UCAV, SUAV 2) By Type: Fixed-Wing, Rotary Wing, Hybrid 3) By Technology: Remotely Operated, Semi-Autonomous, Autonomous 4) By Application: Search and Rescue, National Defense, Military Excercises, Others

A military glider is a fixed-wing aircraft that flies using naturally occurring air currents. A military drone is a military unmanned aerial vehicle that is guided remotely or autonomously. The main types of military gliders and drones on the market are military gliders and military drones. A military drone is an unmanned aerial vehicle (UAV) that is used for intelligence, surveillance, target acquisition, and reconnaissance and carries aircraft ordnance such as missiles, ATGMs, and/or bombs in hardpoints for drone strikes. The various technologies involved are remotely operated, semi-autonomous, and autonomous that are used for search and rescue, national defense, military exercises, and others. The military gliders and drones market research report is one of a series of new reports from The Business Research Company that provides military gliders and drones market statistics, including military gliders and drones industry global market size, regional shares, competitors with a military gliders and drones market share, detailed military gliders and drones market segments, market trends and opportunities, and any further data you may need to thrive in the military gliders and drones industry. This military gliders and drones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global military gliders and drones market size will grow from $34.34 billion in 2022 to $37.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global military gliders and drones market size is expected to grow to $49.87 billion in 2027 at a CAGR of 7.2%. Increasing funding for unmanned aerial vehicles, or drones, is projected to contribute to the growth of the military glider and drone market. The growing requirement for intelligence, surveillance, and reconnaissance assets has generated higher demand for military gliders and drones. The militaries are expected to spend around $98 billion on new intelligence gathering and strike capabilities. According to the Teal Group, global research and development and procurement spending on drones is estimated to rise from $11.1 billion in 2020 to $14.3 billion by the end of 2029. Research and development spending is expected to increase from $3.2 billion in 2020 to $4 billion by 2029, and procurement funding is likely to increase from $7.9 billion in 2020 to $10.3 billion by the end of 2029. Such investments in unmanned aerial vehicles, or drones, are expected to drive the military glider and drone market during the forecast period. Stringent regulations associated with gliders and drones are expected to limit the growth of the military glider and drone markets. For instance, in India, military drones are governed by the Directorate General of Civil Aviation (DGCA). In June 2020, the Indian Civil Aviation Ministry issued draught rules for making and using drones in India, proposing authorized sellers and importers to sell drones only to entities and individuals approved by the Directorate General of Civil Aviation (DGCA). Similarly, in the United States, the government maintains stringent export controls on military drones and related systems, components, technology, and software under the International Traffic in Arms Regulations (ITAR). Moreover, in Europe, military drones are regulated by the European Aviation Safety Agency (EASA). These regulations will have an impact on the manufacturing and marketing processes and thereby negatively impact the growth of the military glider and drone markets. Artificial Intelligence (AI) in military gliders and drones is gaining popularity in the military drone and glider market. Top companies in the industry are focusing on designing and developing drones and UAVs with AI capabilities. For instance, the companies offering military drones with AI capabilities include Shield. AeroVironment (offers Nova, an autonomous drone for indoor navigation), AeroVironment (offers Raven series, the world’s most widespread drones), Lockheed Martin (offers Desert Hawk III, a drone with operator training capabilities), and Neurala (offers Neurala Brain, an AI software that allows military drones to patrol missions and conduct reconnaissance missions. In April 2022, Textron Inc., a US-based multi-industry company with operations in aircraft, finance, industrial products, and defense acquired PIPISTREL ITALIA S.R.L. for an undisclosed amount. With the acquisition, Pipistrel is expected to gain access to more resources, technical and regulatory know-how, and a global network of aircraft sales and support, allowing it to quicken the development and certification of electric and hybrid aircraft. PIPISTREL ITALIA S.R.L, is a Slovenia-based manufacturer of light aircraft. Major players in the military gliders and drones market are Schempp-Hirth Flugzeugbau GmbH, China Aerospace Science and Industry Corporation, Lockheed Martin, Textron Systems, BAE Systems Inc., Jonker Sailplanes, Leonardo, Boeing, DG Flugzeugbau GmbH and Aerovironment Inc. Asia-Pacific was the largest region in the military gliders and drones market in 2022. Western Europe is expected to be the fastest-growing region in the global military gliders and drones market during the forecast period. The regions covered in the global military gliders and drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the military gliders and drones market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The military gliders and drones market consists of sales of fixed-wing aircraft and unmanned aerial vehicles for military purposes to carry troops and heavy equipment to a combat zone. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global military gliders and drones market is segmented - 1) By Type: Military Gliders, Military Drones 2) By Technology: Remotely Operated, Semi-Autonomous, Autonomous 3) By Application: Search and Rescue, National Defense, Military Exercises, Others

Drone inspection and monitoring refers to the technique of evaluating an asset utilizing an unmanned aircraft as drones have the benefit of accessing locations that are challenging, expensive, risky, live, or even impossible for manned inspection teams to access. In inspection and monitoring applications, drone cameras frequently take the place of the human eye. The use of drones for inspection and monitoring allows inspectors to avoid risky locations like scaffolding or tall, slender buildings. The drone inspection and monitoring are used to collect visual data on the condition of an asset by monitoring, inspection, and mapping operations. The major types of drone inspection and monitoring devices are fixed-wing, multirotor, and hybrid types. A fixed-wing drone is a drone that has one rigid wing that looks and works like an airplane and provides lift rather than vertical lift rotors. It is operated in various modes such as remotely piloted, optionally piloted, and fully autonomous. The different types of solutions include software, services, platform, and infrastructure that are used by applications such as construction and infrastructure, agriculture, utilities, oil and gas, mining, and others. The drone inspection and monitoring market research report is one of a series of new reports from The Business Research Company that provides drone inspection and monitoring market statistics, including drone inspection and monitoring industry global market size, regional shares, competitors with a drone inspection and monitoring market share, detailed drone inspection and monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the drone inspection and monitoring industry. This drone inspection and monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global drone inspection and monitoring market size grew from $10.21 billion in 2022 to $11.89 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone inspection and monitoring market size is expected to grow to $22.53 billion in 2027 at a CAGR of 17.3%. The increase in number of installations of new wind turbines is expected to propel the growth of the drone inspection and monitoring market going forward. A wind turbine is a device that produces electricity by using the kinetic energy of the wind. Drones are used to inspect wind turbine blades and help to extend the life of wind turbine installations by reducing safety hazards, hired manpower, and costs. For instance, in March 2021, according to Mercom Communications, an India-based clean energy communications and consulting firm, in 2021, the new wind turbine installations reached 1.24 GW, an increase of 101.37% from 2020. Therefore, the increasing number of installations of new wind turbines is driving the growth of the drone inspection and monitoring market. Technological advancements have emerged as a key trend in drone inspection and monitoring. Many companies operating in the drone inspection and monitoring market are developing new technologies to strengthen their position in the drone inspection and monitoring market. For instance, in August 2021, RedTail Lidar Systems, a US-based manufacturer of UAV LiDAR systems operating in drone inspection and monitoring, launched the RTL-450 LiDAR sensor for drones based on microelectromechanical systems (MEMS) mirror-based LiDAR technology. The unique feature of RTL-450 is its high-resolution point clouds, generated at a rate of up to 4 lakh pulses per second and 5 returns per pulse, which are well-suited to numerous military, and commercial applications. In November 2020, Aerodyne Group, a Malaysia-based provider of DT3 (drone technology, data technology, and digital transformation) enterprise solutions, acquired a majority stake in Sensorem for an undisclosed amount. This acquisition is expected to help Aerodyne to expand its operations in Australia and get its products in more customers’ hands. Sensorem is an Australia-based leading drone and remote sensing full-solution service provider operating in drone inspection and monitoring. Major players in the drone inspection and monitoring market are Lockheed Martin Group, Aerovironment Inc., Sky Futures Partners, Teledyne Flir LLc, Israel Aerospace Industries, BAE Systems PLC, Parrot SA, Northrop Grumman Corporation, 3D Robotics, Aerialtronics DV, EHang, IdeaForge, Insitu Inc., Sensefly Ltd., Skydio, and Yuneec. North America was the largest region in the drone inspection and monitoring market in 2022. North America is expected to be the fastest growing region in the forecast period.  The regions covered in the drone inspection and monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the drone inspection and monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The drone inspection and monitoring market includes revenues earned by entities by providing drone inspection and monitoring services such as inspection, monitoring, and mapping operations. The market value includes the value of related goods sold by the service provider or included within the service offering. The drone inspection and monitoring market also includes sales of drone, computer peripherals and telecommunications equipment which are used in providing drone inspection and monitoring services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global drone inspection and monitoring market is segmented - 1) By Type: Fixed Wing, Multirotor, Hybrid 2) By Mode of Operation: Remotely Piloted, Optionally Piloted, Fully Autonomous 3) By Solution: Software, Services, Platform, Infrastructure 4) By Application: Construction And Infrastructure, Agriculture, Utilities, Oil And Gas, Mining, Other Applications

Drone software refers to cloud-based software that enables unmanned aerial vehicles to complete tasks, make judgments and carry out activities without the need for human interaction. These help to provide data relating to quantifying vegetation, and greenness and is useful in understanding vegetation density and assessing changes in plant health. The drone software is used as drone deploy to make digital terrain models, gather NDVI data (Normalized Difference Vegetation Index), and generate 3D models. The main types of deployment methods in drone software are onboard drones, and ground-based. The onboard drones are used for search and rescue, traffic monitoring, and weather monitoring. Onboard drones refer to a class of aircraft that is controlled remotely or independently by software-controlled flight plans within the embedded systems. The different types of architecture include open source, and closed source and involve several solutions such as system and application. The several types of platforms include defense and government, commercial, and consumer that are used in control and data capture, image processing, and analytics. The drone software market research report is one of a series of new reports from The Business Research Company that provides drone software market statistics, including drone software industry global market size, regional shares, competitors with a drone software market share, detailed drone software market segments, market trends and opportunities, and any further data you may need to thrive in the drone software industry. This drone software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global drone software market size grew from $8.85 billion in 2022 to $11.08 billion in 2023 at a compound annual growth rate (CAGR) of 25.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone software market size is expected to grow to $27.16 billion in 2027 at a CAGR of 25.1%. The increasing adoption of drones for commercial and defense applications is expected to propel the growth of the drone software market going forward. Drones refer to unmanned aircraft used in various commercial and defense sectors such as disaster management, traffic monitoring, border security, surveillance, precision agriculture, and detecting threats in risk-prone areas. The drone software offers advantages such as taking high-quality aerial photographs and video to create a 3D mapping of disaster areas, providing security and surveillance, and easy navigation for defense missions. For instance, according to the Federal Aviation Administration, a US-based transportation agency, in May 2022, 865,505 drones were registered in the US of which 314,689 drones were registered for commercial purposes. Therefore, the increasing adoption of drones for commercial and defense applications is driving the growth of the drone software market. Technological Advancement is the key trend gaining popularity in the drone software market. Major market players are concentrating their efforts on implementing advanced drone software that helps in automating drone flying and picture data transfer and gives survey-grade results. For instance, in March 2022, Asteria Aerospace Ltd., an India-based drone manufacturer and solution provider company, launched a drone operations platform SkyDeck, a cloud-based software platform to deliver a Drone-as-a-Service (DaaS) solution for various purposes. It includes an AI-based analysis of captured aerial data, data processing, and visualization, and drone fleet management. In December 2021, DroneUp, a US-based company offering drone flight services innovation and operations services acquired AirMap for an undisclosed amount. Through this acquisition, DroneUp will receive AirMap’s expertise in the Unmanned Aircraft System Traffic Management (UTM) data & services and aims to use it to offer drone delivery services to its customers. AirMap is a US-based company that provides airspace management software system for drones. Major players in the drone software market are Airware Inc., 3D Robotics, Dreamhammer Inc., Drone Volt, Dronedeploy Inc., Altitude Angel, Pix4D, Precisionhawk Inc., Sensefly Ltd., Skyward Io., Propeller Aerobotics Pty Ltd., Aloft Technologies Inc., and Cyberhawk. North America was the largest region in the drone software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the drone software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the drone software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The drone software market consists of revenues earned by entities by providing 2D and 3D maps models, flight planning, agricultural monitoring, data analysis, real-time photogrammetry, mapping mission-based solutions, indoor positioning systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global drone software market is segmented - 1) By Solution: System, Application 2) By Architecture: Open Source, Closed Source 3) By Deployment: Onboard Drones, Ground-Based 4) By Platform: Defense And Government, Commercial, Consumer 5) By Application: Control And Data Capture, Image Processing, Analytics

Drone payload refers to one of the sub-systems in Unmanned Aerial Vehicles (UAV) mounted and can be controlled from the ground control station (GCS) or remote controller (RC). A drone's payload is the maximum amount of weight it can transport. It is calculated separately from the drone's weight and includes anything added to it, such as extra cameras, sensors, or goods delivery. The main types of drone payload are cameras and sensors, radar, communication, and weaponry. A camera is a device used to record video or take photos on film or digital memory. A sensor gathers and transmits the data needed to create an image. Small Unmanned Aerial Vehicles (SUAVs) use cameras and sensors to carry a variety of small, gyro-stabilized payloads. Sensor drone payloads, on the other hand, utilize sensors to equip deployed armed units with unmatched reconnaissance and surveillance capabilities. The various applications are divided into military and civilian categories that are widely used in defense, agriculture and the environment, media and entertainment, energy, government, construction and archaeology, and other sectors. The drone payload market research report is one of a series of new reports from The Business Research Company that provides drone payload market statistics, including the drone payload industry's global market size, regional shares, competitors with a drone payload market share, detailed drone payload market segments, market trends and opportunities, and any further data you may need to thrive in the drone payload industry. This drone payload market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global drone payload market size is expected to grow from $7.66 billion in 2022 to $9.20 billion in 2023 at a compound annual growth rate (CAGR) of 20.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone payload market size is expected to grow to $15.91 billion in 2027 at a compound annual growth rate (CAGR) of 14.7%. An increase in demand for improved surveillance is driving the drone payload market. Surveillance refers to the cautious looking of someone or place, particularly with the aid of using the police or army, due to against the law that has befallen or is expected. Security staff can monitor tasks more swiftly and effectively with the help of drones. Drones permit safety groups to carry out tracking responsibilities more quickly and efficiently. For instance, according to a report by the Bureau of Labor Statistics, a US-based primary fact-finding agency, by 2021, there are projected to be 85 million surveillance camera installations in the US, up from 70 million in 2018. This is a rise of nearly 21%. Therefore, demand for improved surveillance is driving the growth of the drone payload market. Technological advancement in drones is a key trend gaining popularity in the drone payload market. Major companies operating in the drone payload sector are adopting new technological solutions to sustain their position. For instance, in June 2021, Parrot SA, a French-based wireless products manufacturer, launched ANAFI Ai, a drone that sets new standards and capabilities. The ANAFI Ai is the first drone that uses 4G as its primary data interface with the operator. The obstacle-avoidance (OA) system developed by ANAFI Ai identifies obstacles in all directions, utilising stereo cameras to sense objects and automatically avoid them. This launch is a game changer for the drone industry and Parrot’s product portfolio. In October 2021, AgEagle Aerial Systems Inc., a US-based industry-leading provider of drones, sensors, and software, acquired senseFly from Parrot for $23 million. With this acquisition, AgEagle Aerial Systems plans to combine senseFly's various capabilities with AgEagle's patented sensor and software solutions' power and performance to satisfy the needs of customers throughout the world successfully. SenseFly is a Europe-based company that develops and produces a proprietary line of eBee-branded, high-performance, fixed-wing drones for professional use. Major players in the drone payload market are BAE Systems PLC, Elbit Systems Ltd., Lockheed Martin Corporation, Northrop Grumman Corporation, Aerovironment Inc., Thales Group, Israel Aerospace Industries, Parrot S.A., SZ DJI Technology Co. Ltd., 3D Robotics Inc., Autel Robotics, Draganfly Inc., IMSAR LLC, and Teledyne FLIR LLC. North America was the largest region in the drone payload market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Drone Payload market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The drone payload market consists of sales of SIGINT, ELINT, and COMINT. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global drone payload market is segmented - 1) By Type: Cameras And Sensors, Radar And Communication, Weaponry 2) By Application: Military, Civilian 3) By End User: Defense, Agriculture And Environment, Media And Entertainment, Energy, Government, Construction And Archaeology, Other End Users