Drone Flight Management System Market by Component and Geography - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71572
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The drone flight management system market share is expected to increase by USD 12.38 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 30.47%.

This drone flight management system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers drone flight management system market segmentation by component (ground controller, data link, and onboard controller) and geography (APAC, North America, Europe, MEA, and South America). The drone flight management system market report also offers information on several market vendors, including AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, Elbit Systems Ltd., HENSOLDT AG, Northrop Grumman Corp., Parrot Drone SAS, SZ DJI Technology Co. Ltd., and Teledyne FLIR LLC among others.

What will the Drone Flight Management System Market Size be During the Forecast Period?

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Drone Flight Management System Market: Key Drivers and Challenges

The increase in legal acceptance of drone operations for commercial applications is notably driving the drone flight management system market growth, although factors such as lower battery life and carrying capacity of drones may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the drone flight management system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Drone Flight Management System Market Driver

One of the key factors driving growth in the drone flight management system market is the increase in legal acceptance of drone operations for commercial applications. Considering the growing applications of drones, governing bodies are likely to legally accept commercial drone operations. Legalizing drone applications will create new job opportunities as a license is required for operating a drone. The demand for drones is likely to increase with the legal acceptance of drones by governing bodies. Drones are effectively reducing the time required for surveying land. Moreover, drones have delivered new approaches to video recording, photography, event organization, aerial security, and delivery. Considering all these aspects, the governing bodies are readily incorporating drone-supportive legislation. This is likely to fuel the demand for drones and subsequently for drone flight management systems during the forecast period.

Key Drone Flight Management System Market Challenge

The lower battery life and carrying capacity of drones will be a major challenge for the drone flight management system market during the forecast period. Drone batteries drain in about 30 minutes of drone application, limiting the flight distance to 10 kilometers. Drone manufacturing companies are increasingly focusing on enhancing the drone battery to expand the area of drone application. Lithium-ion and lithium polymer (LiPo) batteries are widely used in drones. The low battery life of drones is encouraging the development of drones powered by alternative energy sources. Solar power and hydrogen fuel cells are the options available for drone manufacturers but manufacturing cost-effective and compact drones using these energy sources poses a great challenge to drone manufacturers. Enhancing the load-carrying capacity, reducing the overall cost of drones, and enhancing the battery life of drones are the major challenges faced by drone manufacturers. These factors are expected to limit the adoption of drone flight management systems.

This drone flight management system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Drone Flight Management System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AeroVironment Inc.
  • Autel Robotics
  • Black Swift Technologies LLC.
  • DELAIR SAS
  • Elbit Systems Ltd.
  • HENSOLDT AG
  • Northrop Grumman Corp.
  • Parrot Drone SAS
  • SZ DJI Technology Co. Ltd.
  • Teledyne FLIR LLC

 

This statistical study of the drone flight management system market encompasses successful business strategies deployed by the key vendors. The drone flight management system market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The drone flight management system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Drone Flight Management System Market?

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43% of the market’s growth will originate from APAC during the forecast period. China is the key market for drone flight management systems in APAC. Market growth in this region will be faster than the growth of the market in the European and North American regions.

Technological advances in the field of electronic components have led to the development of technologically advanced equipment across the country. China is also witnessing the swiftly growing adoption of drones in the agriculture, construction, defense, and mining industries. This will facilitate the drone flight management system market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Component Segments in the Drone Flight Management System Market?

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The drone flight management system market share growth by the ground controller segment will be significant during the forecast period. The development of advanced controlling solutions can help expand the applications of drones. This is expected to propel the demand for drones and, subsequently, ground controllers.

This report provides an accurate prediction of the contribution of all the segments to the growth of the drone flight management system market size and actionable market insights on post COVID-19 impact on each segment.

 

Drone Flight Management System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 30.47%

Market growth 2021-2025

$ 12.38 billion

Market structure

Fragmented

YoY growth (%)

25.94

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 43%

Key consumer countries

China, US, Israel, Germany, France, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, Elbit Systems Ltd., HENSOLDT AG, Northrop Grumman Corp., Parrot Drone SAS, SZ DJI Technology Co. Ltd., and Teledyne FLIR LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Drone Flight Management System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive drone flight management system market growth during the next five years
  • Precise estimation of the drone flight management system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the drone flight management system industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of drone flight management system market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Component

    • Market segments
    • Comparison by Component
    • Ground controller - Market size and forecast 2020-2025
    • Data link - Market size and forecast 2020-2025
    • Onboard controller - Market size and forecast 2020-2025
    • Market opportunity by Component

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AeroVironment Inc.
      • Autel Robotics
      • Black Swift Technologies LLC.
      • DELAIR SAS
      • Elbit Systems Ltd.
      • HENSOLDT AG
      • Northrop Grumman Corp.
      • Parrot Drone SAS
      • SZ DJI Technology Co. Ltd.
      • Teledyne FLIR LLC

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The drone flight management system market growth will increase by $12387.72 million during 2020-2025.
      The drone flight management system market is expected to grow at a CAGR of 30.47% during 2020-2025.
      Technavio has segmented the drone flight management system market by component (Ground controller, Data link, and Onboard controller) and geographic (APAC, North America, Europe, MEA, and South America).
      AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, Elbit Systems Ltd., HENSOLDT AG, Northrop Grumman Corp., Parrot Drone SAS, SZ DJI Technology Co. Ltd., Teledyne FLIR LLC are a few of the key vendors in the drone flight management system market.
      APAC will register the highest growth rate of 43.13% among the other regions. Therefore, the drone flight management system market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the drone flight management system market growth are:
      • Increase in legal acceptance of drone operations for commercial applications
      The drone flight management system market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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