Drone Guard Assets Market Scope
Drone guards is moving into an untapped market of using unmanned aerial vehicles (UAVs) to protect residential estates and other high-value assets such as mines, farms and commercial properties or assets. Drone cameras are being operated with the help of the permission of state/airport, naval and airport authorities so that the movements are fully monitored. Due to the ongoing coronavirus lockdown, the East Coast Railway headquartered at Bhubaneswar has installed drones to guard its assets lying idle in yards. The future of drones looks bright cheaper and more self-sufficient drone operations seem to be the way to go. However, until the regulations have progressed to keep up with technology, it is companies like Drone Guards that will endure expanding security operations to combat crime.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Rafael Advanced Defense Systems Ltd. (Israel), Aptonomy Inc. (United States), Guardion (Germany), Safran S.A. (France), Drone Defense Systems LLC (United States), Israel Aerospace Industries (Israel), General Atomics Aeronautical Systems (United States), Citadel Defense (United States), CAE Inc. (United States), Havelsan A.S. (Turkey) and Leonardo S.P.A. (Italy) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Drone Guard Assets market throughout the predicted period.
Rafael Advanced Defense Systems Ltd. (Israel), Aptonomy Inc. (United States), Guardion (Germany), Safran S.A. (France), Drone Defense Systems LLC (United States), Israel Aerospace Industries (Israel), General Atomics Aeronautical Systems (United States), Citadel Defense (United States), CAE Inc. (United States), Havelsan A.S. (Turkey) and Leonardo S.P.A. (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are AeroVironment, Inc. (United States) and ideaForge (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Drone Guard Assets market by Type , by Application (Defense and Commercial) and Region with country level break-up.
On the basis of geography, the market of Drone Guard Assets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
In December 2022 Skyport's Drone Services and Field announce a new service that gives utility and infrastructure owners and operators rapid and detailed insights into their assets to enable and inform critical decision-making faster, save inspection time and operational costs, improve safety, and reduce carbon footprint. The partnership combines Field’s unrivalled linear infrastructure inspection ecosystem
Influencing Trend:
Technological Advancement in Payload Technology used in Drones
Market Growth Drivers:
Increasing Demand for Electric Drones in Commercial Applications and Upsurging Demand for Surveillance Drones
Challenges:
High Maintenance Cost
Restraints:
The Concern Regarding Battery of the Electric Drone
Opportunities:
The Introduction of 3D Mapping Printer Drones