Drone Flight Management System Market by Component and Geography - Forecast and Analysis 2022-2026

The drone flight management system market share is expected to increase by USD 14.88 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 29.92%.

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, the Middle East, and Africa, 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, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd. 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, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. 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 low 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 deduce end goals and refine marketing strategies to gain a competitive edge.

Key Drone Flight Management System Market Driver

An increase in legal acceptance of drone operations for commercial applications is one of the key drivers supporting the drone flight management system market growth. The use of drones is subjected to legal permissions. Regulatory bodies have set some legislation on commercial drone operations. Considering the growing applications of drones, governing bodies are likely to legally accept commercial drone operations. India legalized commercial drone operations on December 1, 2018. Legalizing drone applications will create new job opportunities as a license is required for operating a drone. Moreover, there are five approaches to drone regulations in countries across the globe outright ban, effective ban, visual line of sight (VLOS) required, experimental BVLOS, and permissive. 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 Trend

The development of lithium-metal batteries is one of the key drone flight management system market trends. Lithium-ion and lithium polymer (LiPo) batteries are the commonly used batteries for powering drones. The low energy capacity of lithium-ion and LiPo batteries restraints drones from long running times. These batteries drain within 30 minutes of drone application. Moreover, lithium-ion batteries utilize flammable organic solvents, which can lead to fire and explosion attributed to short circuits, overcharging, and application in high temperatures. This increases the risks related to operating a drone in a sensitive area. Lithium-metal batteries are innovative alternatives to conventional lithium-ion batteries. Lithium-metal batteries use a non-flammable electrolyte, which can eliminate the risk of fire and explosion. Lithium-metal batteries also have a high energy density, owing to which these can provide longer drone flight times. Moreover, these batteries are more compact in size than lithium-ion batteries, which makes them suitable for drone applications. Furthermore, the increasing range of drone flights is propelling the adoption of drones by e-commerce companies, logistics companies, and the construction and industrial sectors. This will offer lucrative opportunities for the expansion of the global drone flight management system market during the forecast period.

Key Drone Flight Management System Market Challenge

Lower battery life and low capacity of drones are one of the factors hindering the drone flight management system market growth. Most of the drones operating across the globe are powered by batteries. 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 drone batteries to expand the area of drone application. Lithium-ion and lithium polymer (LiPo) batteries are widely used in drones. These batteries have different sizes, capacities, and charging times. The capacity of batteries varies with the size of the battery. For larger capacities, either the size of the battery or the number of batteries must be improved, which will increase the weight to be carried by the drone. 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. In general, commercial drones do not have a large carrying capacity, owing to which drones are not yet deployed to deliver large parcels by logistics companies. 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 during the forecast period.

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 2022-2026.

Parent Market Analysis

Technavio categorizes the global drone flight management system market as a part of the global aerospace and defense market within the global capital goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the drone flight management system market during the forecast period.

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
• EHang Holdings Ltd.
• Elbit Systems Ltd.
• HENSOLDT AG
• Intel Corp.
• Mobilicom Ltd
• Northrop Grumman Corp.
• Parrot Drones SAS
• Safran SA
• SZ DJI Technology Co. Ltd.
• Teledyne Technologies Inc.
• Thales Group
• The Boeing Co.
• UAV Navigation SL
• UAVOS Inc.
• vHive
• Yuneec International Co. Ltd.

 

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 growth strategies such as organic and inorganic growth strategies to compete in the market.

Product Insights and News

• AeroVironment Inc. - The company offers drone flight management systems such as T-20 fixed-wing UAS, JUMP 20 UAS and PUMA LE UAS. 

To make the most of the opportunities and recover from the 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.

Drone Flight Management System Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the drone flight management system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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. US, China, Germany, France, and the UK are the key markets for the drone flight management system market in APAC. Market growth in this region will be slower than the growth of the market in the MEA and South America regions.

Technological advances in the field of electronic components 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.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted the aerospace and defense industry in APAC. Several countries, such as China, India, Nepal, Pakistan, South Korea, and the Philippines, were under partial or complete lockdown. The pandemic led to several domestic and international travel restrictions in APAC. Such factors adversely impacted the regional drone flight management system market growth. However, in 2021, the initiation of vaccination drives and the easing of lockdown restrictions positively impacted the aerospace and defense industry in APAC. Such factors are expected to foster the growth of the market in focus in APAC during the forecast period.

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 rising concern toward drone autonomy, the development of smartphone-based applications, and the integration of advanced sensors into UAVs are changing the way of operating UAVs. Moreover, the increase in R&D in the field of controlling UAVs is leading to the development of interoperable components. Moreover, a ground controller is adequate for drone mission planning and flight control but too strong and confusing for inexperienced UAV pilots. Therefore, LAUNCH drone GCS was built to address this issue. The development of advanced controlling solutions helps expand the applications of drones. This is expected to propel the demand for drones and, subsequently, ground controllers during the forecast period.

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 the post-COVID-19 impact on each segment.

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UAV market - Market share is expected to increase by USD 32.41 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 18.41%.

Drone Flight Management System Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 29.92%
Market growth 2022-2026	$14.88 billion
Market structure	Fragmented
YoY growth (%)	22.35
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 43%
Key consumer countries	US, China, Germany, France, and the UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd.
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, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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 2022-2026
• 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, Middle East and Africa, 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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