Drone Communication Market 2024 : USD 15.8 Billion by 2032, Driven By Rising Demand for Advanced Drone Technology
The report provides an exclusive and comprehensive analysis of the global drone communication market trends along with the market forecast.
WILMINGTON, DE, UNITED STATES, December 12, 2024 /EINPresswire.com/ -- Allied Market Research has recently published a report, titled, "Drone Communication Market Size, Share, Competitive Landscape and Trend Analysis Report by Method, by Application: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global drone communication market generated $2.3 billion in 2022, and is anticipated to generate $15.8 billion by 2032, witnessing a CAGR of 21.4% from 2023 to 2032.
(We are providing connected ship Industry report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and Russia-Ukraine War Impact Analysis)
125 - Tables
51 - Charts
320 – Pages
Prime Determinants of Growth
The rising demand for advanced drone technology in surveillance, reconnaissance, and various industries, coupled with advancements in satellite and cellular communication technologies, is boosting the growth of the drone communication market. However, the challenges associated with long-distance communication, scalability issues, and computational variability in drones is restraining the market's growth during the forecast period. On the other hand, the increasing adoption of drones for applications in construction, mining, agriculture, and inspection sectors, along with the development of innovative communication solutions, is poised to unlock lucrative market growth opportunities in the future.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐨𝐧 𝐃𝐫𝐨𝐧𝐞 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 2032 https://www.alliedmarketresearch.com/request-sample/A183069
Method: Satellite Sub-Segment to Hold Leading Market Share by 2032
The satellite sub-segment dominated the market in 2022, holding a major share of 28.1%. This sub-segment is expected to hold a leading market share of 29.3% by 2032. This growth is mainly due to increasing demand for reliable and uninterrupted communication beyond line of sight, especially in military applications. Moreover, advancements in satellite technology, offering higher data throughput rates and superior connectivity, are driving the adoption of satellite communication, thereby boosting its market dominance.
Application: Agriculture Sub-Segment to Observe Significant Growth during the Forecast Period
The agriculture sub-segment led the market in 2022, holding a substantial share of 32.0%. This is mainly due to the increasing adoption of drones for precision farming, boosting efficiency and productivity in agricultural operations. Rising demand for real-time crop monitoring and analysis, coupled with the need for optimized resource management, is driving the adoption of drone technology in the agriculture sector.
By Region: North America to Hold the Leading Market Share in Forecast Period
The North America region dominated the global drone communication market in 2022, holding a major share of 34.3%. The dominance of this region is expected to continue by 2032, growing with a major share of 32.1%. This is mainly due to increasing investments in drone technology, rising demand across diverse sectors such as construction, agriculture, and defense, and driving innovation in communication systems in this region. Additionally, the region's well-established regulatory framework and supportive infrastructure are boosting market growth and fostering a conducive environment for drone operations.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (320 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬)
https://www.alliedmarketresearch.com/checkout-final/drone-communication-market-A183069
Leading Players in the Drone Communication Market:
Teal Drones
AgEagle Aerial Systems Inc.
Parrot Drone SAS
AeroVironment, Inc.
DJI
Draganfly Innovations Inc.
Yuneec
Freefly Systems
Skydio, Inc.
Microdrones
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐚𝐧𝐝 𝐃𝐞𝐟𝐞𝐧𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐖𝐢𝐧𝐝𝐬𝐡𝐢𝐞𝐥𝐝 𝐖𝐢𝐩𝐞𝐫 𝐚𝐧𝐝 𝐖𝐚𝐬𝐡𝐞𝐫 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aircraft-windshield-wiper-and-washer-system-market-A16031
𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aircraft-lighting-market-A06273
𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐒𝐭𝐚𝐧𝐝𝐬 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/airport-stands-equipment-market
David Correa
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Distribution channels: Aviation & Aerospace Industry, Business & Economy
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release