2020 Drone Sensor Market, Size, Share, Outlook and Growth Opportunities -2026
- ID:OGA1812MVS111
- Published: December-2020
- Pages:110
- OG Analysis
Global Drone Sensor Market, Size, Share, Outlook and Growth Opportunities to 2026: By Type (EO/IR Sensors, LIDAR Sensors, Laser Spectroscopy Sensors, GPS Sensors, Meteorological Sensors, CBRN Sensors and Other Sensors), By Application (Pressure and Weather Measurement, Motion Detection and Distance Measurement, Light and Image Processing and Other Applications) and By Region
The COVID-19 pandemic had a negative impact on the market size for the year 2020, with small and medium scale companies struggling to sustain their businesses in the near term future. We anticipate around 2% to 3% deviation in growth (CAGR) outlook due to the corona virus spread. The Drone Sensor market growth has become variable by region with some countries offering huge growth potential while others face closures and low profit margins.
Key Highlights
- The global drone sensor market is estimated to be USD 367.2 million in 2019 and is expected to grow at a CAGR of 23.01% between 2020 and 2026.
- The global drone sensors market is estimated to grow at a CAGR of 23.01% in the forecast period 2020-2026.
- Metrological sensors, and GPS are some of the major sensors used by type in 2020 and are forecasted to remain largest by the end of the forecasted period 2026.
- By Geography, Europe accounts for the largest market share in 2020 and is forecasted to dominate the market share by 2026. North America has the second largest market share by region.
- Asia-Pacific region is fastest growing region with a growth rate of 26.44% over 2020-2026.
- The global drone sensors market is fairly fragmented market with many company’s accounting for minor market share.
Growing demand for surveillance, increasing demand for actionable intelligence,increasing drone penetration in civil & commercial applications, and rising need of drones for military purposes are some of the major factors driving the growth of the drone sensors.
Increasing investments from Google, Facebook, NASA and others will drive the demand for drones for commercial and civilian applications. Further, venture capitalists and investment firms are among the forefront for investments in drone sensors development.
Growth in drone hardware, growing capital funding for drone technology, high usage of drones in advertising are some of the key trends in the market. Drone hacking, Privacy safety and design liabilities, and stringent government regulations are the major factors restraining the growth of the drone sensors market
Europe is expected to witness considerable growth in the drone sensor market over the forecast period 2020-2026 owing to the growing usage of drones in the agricultural field for irrigation, and farming purposes. Furthermore, increasing use of drones for aerial remote sensing and technological advancements by the key players are booming the Europe drone sensor market.
In Europe, the demand for drone sensor is projected to grow at a CAGR rate of 21.14%during the forecast period 2020-2026 and is expected to reach a market value of $ 536.4 Million by 2026.
Drone sensors are used in North America in wars against terrorism and in atmospheric research for collecting samples that made this region to increase the market share. Military & defense is the largest application areas for drone sensors and increasing adoption of drones in agriculture boosts the growth of drone sensors in North America over the forecast period.
The market demand for drone sensor in North America is projected to grow at a CAGR rate of 76.2% during the forecast period 2020-2026 and is witnessed to reach a market value of $ 365.5 Million by 2026.
Asia-Pacific region is also the fastest growing region across the world in the forecasted period. China dominates the Asia-Pacific market in 2020 and is forecasted to dominate the market over the coming years. Asia-Pacific region accounts for 21.37% of the global share in 2020 and is estimated to reach 25.21% by 2026.
Global Drone Sensor Market Insights
The 2020 series of global market size, share, outlook, trends and growth prospects is a comprehensive analysis on global Drone Sensor market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Drone Sensor market, detailed porter’s five forces analysis and competitive insights are included in the research report.
Global Drone Sensor Market Size by Type
The report presents in-depth insights into each of the leading Drone Sensor types along with annual forecasts to 2026. Types that are studied in the report include EO/IR Sensors, LIDAR Sensors, Laser Spectroscopy Sensors, GPS Sensors, Meteorological Sensors, CBRN Sensors and Other Sensors. Meteorological Sensors occupies major share in the global industry.
Global Drone Sensor Market forecasts by Application
The report provides detailed Drone Sensor market forecasts by various applications including Pressure and Weather Measurement, Motion Detection and Distance Measurement, Light and Image Processing and Other Applications. Among these, Motion Detection and Distance Measurement is the leading application segment in the global industry.
Global Drone Sensor Market Revenue by Region
The current Drone Sensor market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. In addition, historic data from 2017 and annual forecasts to 2026 are also included in the research report. Globally, Europe is the major revenue contributor to the global market.
Global Drone Sensor Market Analysis by Company
Top 5 leading companies in global Drone Sensor market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Drone Sensor products & services.
Global Drone Sensor Market News and Recent Developments
Latest news and industry developments in terms of Drone Sensor product expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.
Scope:
Long term perspective on the Drone Sensor industry: 2019 (base year), 2020- 2026 (forecast period)
Drone Sensor Market- Forecasts by Segments- Type and Application by geography
- The report provides the global Drone Sensor market outlook by 7 types including EO/IR Sensors, LIDAR Sensors, Laser Spectroscopy Sensors, GPS Sensors, Meteorological Sensors, CBRN Sensors and Other Sensors.
- The research report classifies the global Drone Sensor market into 4 applications including Pressure and Weather Measurement, Motion Detection and Distance Measurement, Light and Image Processing and Other Applications.
- The report analyses the global Drone Sensor market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America and Middle East & Africa.
Drone Sensor Market- Strategic Analysis Review
- Key strategies opted by leading players
- Short to Long Term Industry Trends
- Porter’s Five Forces Analysis
- Supply side and Demand Side Drivers and Challenges
Drone Sensor Market- Growth Opportunities
- Potential New Business Opportunities
- Key Areas of Focus in forecast period
Drone Sensor Market- Competitive Scenario
- 5 companies are analyzed in the report including Raytheon Company, Tremble Inc., Bosch Sensor Tec GmbH, TDK Corporation, and TE Connectivity Ltd.
- Company Peer-to-Peer Comparison
- Company Profile and SWOT Analysis
- Financial Analysis
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Drone Sensor Market
2.1 Global Drone Sensor Market Snapshot, 2019
2.2 Drone Sensor Industry Overview
2.3 Research Perspective
3. Global Drone Sensor Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Drone Sensor Market
3.2 Leading Drone Sensor Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Drone Sensor
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Drone Sensor Market Outlook and Growth Opportunities by Type
4.1 EO/IR Sensors Market Outlook, 2020- 2026
4.2 LIDAR Sensors Market Outlook, 2020- 2026
4.3 Laser Spectroscopy Sensors Market Outlook, 2020- 2026
4.4 GPS Sensors Market Outlook, 2020- 2026
4.5 Meteorological Sensors Market Outlook, 2020- 2026
4.6 CBRN Sensors Market Outlook, 2020- 2026
4.7 Other Types of Global Drone Sensor Market Outlook, 2020- 2026
5. Global Drone Sensor Market Outlook and Growth Opportunities by Application
5.1 Drone Sensor Demand in Pressure and Weather Measurement, Market Outlook, 2020- 2026
5.2 Drone Sensor Demand in Motion Detection and Distance Measurement, Market Outlook, 2020- 2026
5.3 Drone Sensor Demand in Light and Image Processing, Market Outlook, 2020- 2026
5.4 Drone Sensor Demand in Other Applications, Market Outlook, 2020- 2026
6. Asia Pacific Drone Sensor Market Outlook and Growth Opportunities
6.1 Key Findings, 2019
6.2 Asia Pacific Drone Sensor Market Outlook by Type, 2020- 2026
6.3 Asia Pacific Drone Sensor Market Outlook by Application, 2020- 2026
6.4 Asia Pacific Drone Sensor Market Outlook by Country, 2020- 2026
7. Europe Drone Sensor Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Europe Drone Sensor Market Outlook by Type, 2020- 2026
7.3 Europe Drone Sensor Market Outlook by Application, 2020- 2026
7.4 Europe Drone Sensor Market Outlook by Country, 2020- 2026
8. North America Drone Sensor Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 North America Drone Sensor Market Outlook by Type, 2020- 2026
8.3 North America Drone Sensor Market Outlook by Application, 2020- 2026
8.4 North America Drone Sensor Market Outlook by Country, 2020- 2026
9. South & Central America Drone Sensor Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 South & Central America Drone Sensor Market Outlook by Type, 2020- 2026
9.3 South & Central America Drone Sensor Market Outlook by Application, 2020- 2026
9.4 South & Central America Drone Sensor Market Outlook by Country, 2020- 2026
10. Middle East & Africa Drone Sensor Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Middle East & Africa Drone Sensor Market Outlook by Type, 2020- 2026
10.3 Middle East & Africa Drone Sensor Market Outlook by Application, 2020- 2026
10.4 Middle East & Africa Drone Sensor Market Outlook by Country, 2020- 2026
11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, Drone Sensor Products, Financial Analysis)
11.1.1 Raytheon Company
11.1.2 Tremble Inc.
11.1.3 Bosch Sensor Tec GmbH
11.1.4 TDK Corporation
11.1.5 TE Connectivity Ltd.
11.2 Company Benchmarking
11.3 Financial Analysis
12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements
13. Appendix
13.1 OG Analysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information
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