Drone Payload Market by Type, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 170 SKU: IRTNTR71254

Drone Payload Market Forecast 2023-2027

The drone payload market is estimated to grow by USD 8.79 billion at a CAGR of 13.82% between 2022 and 2027. The rising applications of drones across various industries, such as agriculture, construction, and logistics, are driving market growth by increasing the demand for drone technology. The increasing defense spending on unmanned technologies, driven by the need for reconnaissance, surveillance, and combat capabilities, is also boosting market expansion. Additionally, the rise in the popularity of drone racing as a recreational and competitive sport is driving innovation and investment in drone technology, further fueling market growth. Overall, these factors are creating new opportunities for growth in the drone market and driving advancements in drone technology.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by type (sensors, weaponry, radar, and others), end-user (defense and commercial), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Type

The market share growth by the sensors segment will be significant during the forecast period. A sensor is a device that allows a camera to convert photons - that is, light - into electrical signals that these sensors can interpret. 

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The sensors segment was valued at USD 2.59 billion in 2017. A sensor is a device that is used majorly in standalone or embedded digital cameras and imaging devices. Generally, when light strikes the lens of a camera, the sensor captures that light converts it into an electronic signal, and then transmits it to the camera or imaging device processor, which transforms the electronic signal into digital imaging.  There are two main types of sensors: charged coupled devices (CCD) and complementary metal oxide semiconductors (CMOS). They operate much more like a standard integrated circuit, with logic-level voltage supplies, on-chip imaging processing, and digital output data. CCDs have lower noise, better pixel-to-pixel uniformity, and a general reputation for superior imaging quality. Owing to such uses the segment is expected to grow during the forecast period.

By Region

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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The drone payload market in North America was led by the US in 2020. The US has been a rapid and massive adopter of advanced technologies. The expanding use of drones in various commercial applications, such as agriculture and oil and gas pipeline surveys, construction purposes, and logistics, is predicted to fuel their demand across the country during the forecast period. Besides, the region has several companies that offer various advanced drone hardware and software solutions to end-user industries. 

Furthermore, the use of drones in the US public safety sector is increasing. Various fire rescue teams have started using drones to detect fire, and hazardous materials and find potential victims. Such advances in drones and their increased adoption in different industries are expected to boost the demand for drone payload in the US during the forecast period.

Market Dynamics and Customer Landscape

The market serves diverse sectors like commercial businesses, photography, media, and surveillance, addressing various needs from security to creative endeavors. With the advancement in technology, high-resolution cameras like the Zenmuse series and sophisticated sensors are integrated into drones, enhancing their capabilities. Payloads can include dispensable and non-dispensable items, as well as active and passive payloads. These components are crucial for UAVs (Unmanned Aerial Vehicles) and RPAS (Remotely Piloted Aircraft Systems) to perform their tasks effectively, including data collection, surveillance, and mapping, among others. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The rising drone applications are notably driving market growth.Initially, the defense and military sectors were the main users of drones. However, other industries such as agriculture, construction, mapping, logistics, and surveillance have begun utilizing drones due to technological advancements. In particular, the logistics sector is experiencing a rise in drone applications, with several companies testing drone deliveries. Drones are capable of delivering goods faster than traditional road transport methods. Additionally, these are being increasingly used by commercial businesses, in photography, media, surveillance, and various other applications.

Moreover, drones are increasingly being used in disaster management scenarios to deliver essential supplies such as food and medical kits to affected areas. These are equipped with sensors and embedded programs, making them remotely piloted and part of unmanned aircraft vehicle systems (UAVs). They are also finding applications in agriculture, weather forecasting, town planning, mining, surveying, and various commercial uses. These factors are expected to drive market growth in the forecast period.

Significant Market Trend

Technological advancement is an emerging trend in the market. To meet the growing demand from consumer and end-user industries manufacturers are highly focused on developing advanced drone technologies. Furthermore, advanced technologies and solutions such as cloud computing, artificial intelligence (AI), deep learning (DL), and machine learning (ML) are used by companies to offer next-generation drones. 

companies are launching new drones that use AI. According to Microsoft and DJI, drones powered by AI have a wide range of applications. For example, business entities owning huge warehouses can easily check their stock using AI-equipped drones. Also, real estate companies can easily inspect buildings for cracks, holes, and rust formation. The launch of such new AI-equipped drones during the forecast period is expected to boost the adoption of drone payload. Hence, such factors will positively influence the global market during the forecast period. 

Major Market Challenge

Non-uniform laws and regulations are major challenges impeding the market. Irrespective of the drone usage by various governments and commercial bodies the scope of such systems' usage is dependent on certain rules and regulations of a country. The numerous regulations that restrict the scope of operations of drones act as a major threat to the mass adoption of drones.

Several regulations have been levied by the FAA that impede the growth of the global market. The most prevalent of the aforementioned restrictions is the line-of-sight rule, which mandates that drone operators keep the UAS within their scope of vision during flight. Though there are different FAA norms for commercial and recreational uses of drones, with recreational drone laws being more relaxed than commercial ones, the line of sight remains pivotal and applicable throughout. Such regulatory hurdles are expected to prevent the mass adoption of UAVs. therefore, these factors will hinder the market growth during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Drone Payload Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Advanced Technology Labs AG - The company operates under one segment. The company under this segment offers technological solutions such as cameras, sensors, cases, and others for drones, to its associate partners. The key offerings of the company include drones.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Aerialtronics DV B.V.
  • AeroVironment Inc.
  • Autel Robotics Co. Ltd.
  • BAE Systems Plc
  • Draganfly Inc
  • Elbit Systems Ltd.
  • Flyability SA
  • Headwall Photonics Inc.
  • Imsar LLC
  • Israel Aerospace Industries Ltd.
  • Lockheed Martin Corp.
  • Parrot Drones SAS
  • Sphere Group
  • SZ DJI Technology Co. Ltd.
  • Teledyne Technologies Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook 
    • Sensors
    • Weaponry
    • Radar
    • Others
  • End-user Outlook 
    • Defense
    • Commercial
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market is experiencing significant growth, driven by advancements in drone payload technologies and the increasing demand for improved surveillance and monitoring capabilities. Various industries such as agriculture, construction, and environmental monitoring are leveraging drones for tasks like crop surveillance, cargo management, and cattle monitoring. High-performance payloads like LiDAR, infrared cameras, and high-resolution satellite imagery are enhancing mapping and surveying efforts. First responders and search-and-rescue teams benefit from drones equipped with thermal cameras and night vision, aiding in disaster response and emergency situations. However, the market faces challenges such as privacy and security concerns and stringent drone regulations, requiring security organizations and stakeholders to address these issues for sustainable market growth.

The market is experiencing rapid expansion, driven by a range of applications across industries. In agriculture and the environment, drones equipped with CBRN sensors and precision agriculture tools improve crop management and environmental monitoring. Construction and archaeology benefit from drones with high-performance cameras and LiDAR applications, enhancing surveying and mapping capabilities. Security and surveillance needs are met through drones with communication intelligence and signal intelligence payloads. Additionally, drones play a crucial role in search and rescue, traffic monitoring, and weather monitoring, showcasing the versatility and impact of drone technology across various sectors.

The market is witnessing significant growth, driven by diverse applications across various industries. Delivery goods services are leveraging drones for efficient and rapid deliveries, while electronics intelligence and GPS payloads enhance navigation and communication capabilities. Drones equipped with Laser sensors and maritime patrol radar are used for surveillance and reconnaissance in maritime environments. Safety concerns are addressed through advancements in technological advancements in satellites and non-dispensable payloads. Additionally, drones play a crucial role in firefighting, traffic control, and environmental impact assessment, showcasing their versatility and importance in modern operations.

 Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.82%

Market growth 2023-2027

USD 8.79 bllion

Market structure

Fragmented

YoY growth 2022-2023(%)

13.45

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, China, Germany, France, and UK

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Technology Labs AG, Aerialtronics DV B.V., AeroVironment Inc., Autel Robotics Co. Ltd., BAE Systems Plc, Draganfly Inc, Elbit Systems Ltd., Flyability SA, Headwall Photonics Inc., Imsar LLC, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Parrot Drones SAS, Sphere Group, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., Yuneec International Co. Ltd., and Northrop Grumman Corp.

Market dynamics

Parent market analysis, Market Forecasting, 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 Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global drone payload market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global drone payload market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 End-User Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Sensors - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Sensors - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Sensors - Year-over-year growth 2022-2027 (%)
    • 6.4 Weaponry - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Weaponry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Weaponry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Weaponry - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Weaponry - Year-over-year growth 2022-2027 (%)
    • 6.5 Radar - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Radar - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Radar - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Radar - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Radar - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Type
      • Exhibit 50: Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 51: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 53: Chart on Comparison by End-user
      • Exhibit 54: Data Table on Comparison by End-user
    • 7.3 Defense - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Defense - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 63: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 Advanced Technology Labs AG
              • Exhibit 116: Advanced Technology Labs AG - Overview
              • Exhibit 117: Advanced Technology Labs AG - Product / Service
              • Exhibit 118: Advanced Technology Labs AG - Key news
              • Exhibit 119: Advanced Technology Labs AG - Key offerings
            • 12.4 AeroVironment Inc.
              • Exhibit 120: AeroVironment Inc. - Overview
              • Exhibit 121: AeroVironment Inc. - Business segments
              • Exhibit 122: AeroVironment Inc. - Key news
              • Exhibit 123: AeroVironment Inc. - Key offerings
              • Exhibit 124: AeroVironment Inc. - Segment focus
            • 12.5 Autel Robotics Co. Ltd.
              • Exhibit 125: Autel Robotics Co. Ltd. - Overview
              • Exhibit 126: Autel Robotics Co. Ltd. - Product / Service
              • Exhibit 127: Autel Robotics Co. Ltd. - Key offerings
            • 12.6 BAE Systems Plc
              • Exhibit 128: BAE Systems Plc - Overview
              • Exhibit 129: BAE Systems Plc - Business segments
              • Exhibit 130: BAE Systems Plc - Key offerings
              • Exhibit 131: BAE Systems Plc - Segment focus
            • 12.7 Draganfly Inc
              • Exhibit 132: Draganfly Inc - Overview
              • Exhibit 133: Draganfly Inc - Product / Service
              • Exhibit 134: Draganfly Inc - Key offerings
            • 12.8 Elbit Systems Ltd.
              • Exhibit 135: Elbit Systems Ltd. - Overview
              • Exhibit 136: Elbit Systems Ltd. - Product / Service
              • Exhibit 137: Elbit Systems Ltd. - Key offerings
            • 12.9 Flyability SA
              • Exhibit 138: Flyability SA - Overview
              • Exhibit 139: Flyability SA - Product / Service
              • Exhibit 140: Flyability SA - Key offerings
            • 12.10 Israel Aerospace Industries Ltd.
              • Exhibit 141: Israel Aerospace Industries Ltd. - Overview
              • Exhibit 142: Israel Aerospace Industries Ltd. - Product / Service
              • Exhibit 143: Israel Aerospace Industries Ltd. - Key news
              • Exhibit 144: Israel Aerospace Industries Ltd. - Key offerings
            • 12.11 Lockheed Martin Corp.
              • Exhibit 145: Lockheed Martin Corp. - Overview
              • Exhibit 146: Lockheed Martin Corp. - Business segments
              • Exhibit 147: Lockheed Martin Corp. - Key news
              • Exhibit 148: Lockheed Martin Corp. - Key offerings
              • Exhibit 149: Lockheed Martin Corp. - Segment focus
            • 12.12 Northrop Grumman Corp.
              • Exhibit 150: Northrop Grumman Corp. - Overview
              • Exhibit 151: Northrop Grumman Corp. - Business segments
              • Exhibit 152: Northrop Grumman Corp. - Key news
              • Exhibit 153: Northrop Grumman Corp. - Key offerings
              • Exhibit 154: Northrop Grumman Corp. - Segment focus
            • 12.13 Parrot Drones SAS
              • Exhibit 155: Parrot Drones SAS - Overview
              • Exhibit 156: Parrot Drones SAS - Product / Service
              • Exhibit 157: Parrot Drones SAS - Key offerings
            • 12.14 Sphere Group
              • Exhibit 158: Sphere Group - Overview
              • Exhibit 159: Sphere Group - Product / Service
              • Exhibit 160: Sphere Group - Key offerings
            • 12.15 SZ DJI Technology Co. Ltd.
              • Exhibit 161: SZ DJI Technology Co. Ltd. - Overview
              • Exhibit 162: SZ DJI Technology Co. Ltd. - Product / Service
              • Exhibit 163: SZ DJI Technology Co. Ltd. - Key offerings
            • 12.16 Teledyne Technologies Inc.
              • Exhibit 164: Teledyne Technologies Inc. - Overview
              • Exhibit 165: Teledyne Technologies Inc. - Business segments
              • Exhibit 166: Teledyne Technologies Inc. - Key news
              • Exhibit 167: Teledyne Technologies Inc. - Key offerings
              • Exhibit 168: Teledyne Technologies Inc. - Segment focus
            • 12.17 The Boeing Co.
              • Exhibit 169: The Boeing Co. - Overview
              • Exhibit 170: The Boeing Co. - Business segments
              • Exhibit 171: The Boeing Co. - Key news
              • Exhibit 172: The Boeing Co. - Key offerings
              • Exhibit 173: The Boeing Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: 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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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