Maritime Drone Market Scope
Maritime drones can be defined as the autonomous drones used to perform marine operations such as offshore asset inspection, coast guard monitoring & operations, surveillance, ship inspection, and other military naval operations. The France maritime drone market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The growing demand from naval operations such as surveillance & patrolling and increasing demand for marine monitoring are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Airbus (France), DJI (Dajiang) Innovations (China), Ambarella (United States), Boeing (United States), GoPro (United States), Lockheed Martin Corporation (United States), 3D Robotics (United States), Parrot SA (France), Yuneec (China), Autel Robotics (United States), Hubsan (China) and AeroVironment (United States) |
CAGR | % |
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time. Research Analyst at AMA estimates that Global Manufacturers will contribute to the maximum growth of Global Maritime Drone market throughout the predicted period.
Airbus (France), DJI (Dajiang) Innovations (China), Ambarella (United States), Boeing (United States), GoPro (United States), Lockheed Martin Corporation (United States), 3D Robotics (United States), Parrot SA (France), Yuneec (China), Autel Robotics (United States), Hubsan (China) and AeroVironment (United States) are some of the key players that are part of study coverage.
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 Maritime Drone market by Type , by Application (Coastal Monitoring, Routing, Ocean Data Service, Surveillance & Combat Operations and Others) and Region with country level break-up.
On the basis of geography, the market of Maritime Drone 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 2023.
Market Leaders and their expansionary development strategies
In February 2023, The Indian Navy is looking to acquire shipborne Medium/High Altitude Long Range Unmanned Aerial Systems for intelligence, surveillance, target acquisition, and reconnaissance. The UAV is planned to be outfitted with maritime radar, satellite communication, Electronic Support Measure payloads, and electronic/communications intelligence.
In April 2021, Maritime Drone Estate launched as Test Bed for Drone Technologies. Chee Hong Tat, Senior Minister of State for Foreign Affairs and Transport, loaded a 3D-printed part into a drone carriage and witnessed the drone deliver its package from the MDE to a vessel at the nearby anchorage.
Stringent Government Regulations Regarding Shutting Down of Marine Transport Operations Worldwide Due to the COVID-19 Pandemic has Impacted the Demand for Maritine Drones
Influencing Trend:
Rising Deployment of Unmanned Systems Across the Marine Sector
Market Growth Drivers:
Growing Demand from Navy Sector for Surveillance & Patrolling Operations and Increasing Demand of Drone Inspection for Offshore Asset Inspection
Challenges:
COVID-19 Reduced the Marine Operations Across Marine Including the International Transportation & Shipping Operations During FY 2020
Restraints:
High Cost of Maritime Drones
Opportunities:
Rising Adoption of Autonomous Systems in Marine Industry is Expected to Generate Huge Opportunities for Market Vendors During the Forecast Period
Key Target Audience
Government Agencies, Government regulatory authorities, End User Industry, Customer and Others