NEW YORK, Oct. 4, 2022 /PRNewswire/ -- The drone flight management system market size is expected to grow by USD 14.88 billion, accelerating at a CAGR of 29.92% between 2021 and 2026. The report identifies AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd. as dominant players in the market. The report provides a comprehensive analysis of the market size, vendor landscape, new product launches, key strategies adopted by vendors, and much more. Download PDF Report Sample Before Purchasing
The market is driven by the increase in legal acceptance of drone operations for commercial applications. Earlier, the use of drones was subjected to legal permissions. However, considering the growing applications of drones, governing bodies are starting to provide legal approvals for the use of drones in commercial applications. For instance, India legalized commercial drone operations on December 1, 2018. The increasing legalization of the use of drones in various applications is expected to drive the demand for drone flight management systems during the forecast period.
Although, the increased legal acceptance of drones in commercial applications will create significant growth opportunities for vendors, the low battery life and low capacity of drones will reduce the growth potential in the market. Batteries used in drones usually drain within 30 minutes of flight. Besides, the lithium-ion batteries used in drones contain flammable organic solvents, which could lead to fire and explosion in events of short circuits, overcharging, and application in high temperatures. These factors might hamper the growth of the market.
Major Drone Flight Management System Companies:
- AeroVironment Inc.
- Autel Robotics
- Black Swift Technologies LLC.
- DELAIR SAS
- EHang Holdings Ltd.
- Elbit Systems Ltd.
- HENSOLDT AG
- Intel Corp.
- Mobilicom Ltd
- Northrop Grumman Corp.
- Parrot Drones SAS
- Safran SA
- SZ DJI Technology Co. Ltd.
- Teledyne Technologies Inc.
- Thales Group
- The Boeing Co.
- UAV Navigation SL
- UAVOS Inc.
- vHive
- Yuneec International Co. Ltd.
Drone Flight Management System Market Component Outlook (Revenue, USD Billion, 2021-2026)
- Ground controller - size and forecast 2021-2026
- Data link - size and forecast 2021-2026
- Onboard controller - size and forecast 2021-2026
The market growth in the ground controller segment will be significant over the forecast period. The development of advanced controlling solutions and the expanding applications of drones are driving the growth of the segment.
Drone Flight Management System Market Geography Outlook (Revenue, USD Billion, 2021-2026)
- APAC - size and forecast 2021-2026
- North America - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- The Middle East and Africa - size and forecast 2021-2026
- South America - size and forecast 2021-2026
43% of the market growth will come from APAC during the forecast period. The availability of drones at a considerably lower cost, the lack of availability of labor, and the increase in technological adoption across industries are driving the growth of the regional market.
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request Sample Report Here
Related Reports:
- Drone Payload Market by End-user and Geography - Forecast and Analysis 2021-2025
- Drone Identification Systems Market by End-user and Geography - Forecast and Analysis 2022-2026
Drone Flight Management System Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 29.92% |
Market growth 2022-2026 |
USD 14.88 billion |
Market structure |
Fragmented |
YoY growth (%) |
22.35 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 43% |
Key consumer countries |
US, China, Germany, France, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AeroVironment Inc., Autel Robotics, Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd, Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact 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. |
Table of contents:
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 Component
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Component
- 5.1 Market segments
- Exhibit 24: Chart on Component - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Component - Market share 2021-2026 (%)
- 5.2 Comparison by Component
- Exhibit 26: Chart on Comparison by Component
- Exhibit 27: Data Table on Comparison by Component
- 5.3 Ground controller - Market size and forecast 2021-2026
- Exhibit 28: Chart on Ground controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Ground controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Ground controller - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Ground controller - Year-over-year growth 2021-2026 (%)
- 5.4 Data link - Market size and forecast 2021-2026
- Exhibit 32: Chart on Data link - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Data link - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Data link - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Data link - Year-over-year growth 2021-2026 (%)
- 5.5 Onboard controller - Market size and forecast 2021-2026
- Exhibit 36: Chart on Onboard controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Onboard controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Onboard controller - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Onboard controller - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Component
- Exhibit 40: Market opportunity by Component ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 AeroVironment Inc.
- Exhibit 93: AeroVironment Inc. - Overview
- Exhibit 94: AeroVironment Inc. - Business segments
- Exhibit 95: AeroVironment Inc. - Key news
- Exhibit 96: AeroVironment Inc. - Key offerings
- Exhibit 97: AeroVironment Inc. - Segment focus
- 10.4 DELAIR SAS
- Exhibit 98: DELAIR SAS - Overview
- Exhibit 99: DELAIR SAS - Product / Service
- Exhibit 100: DELAIR SAS - Key offerings
- 10.5 Elbit Systems Ltd.
- Exhibit 101: Elbit Systems Ltd. - Overview
- Exhibit 102: Elbit Systems Ltd. - Product / Service
- Exhibit 103: Elbit Systems Ltd. - Key offerings
- 10.6 Intel Corp.
- Exhibit 104: Intel Corp. - Overview
- Exhibit 105: Intel Corp. - Business segments
- Exhibit 106: Intel Corp. - Key news
- Exhibit 107: Intel Corp. - Key offerings
- Exhibit 108: Intel Corp. - Segment focus
- 10.7 Northrop Grumman Corp.
- Exhibit 109: Northrop Grumman Corp. - Overview
- Exhibit 110: Northrop Grumman Corp. - Business segments
- Exhibit 111: Northrop Grumman Corp. - Key news
- Exhibit 112: Northrop Grumman Corp. - Key offerings
- Exhibit 113: Northrop Grumman Corp. - Segment focus
- 10.8 Parrot Drones SAS
- Exhibit 114: Parrot Drones SAS - Overview
- Exhibit 115: Parrot Drones SAS - Product / Service
- Exhibit 116: Parrot Drones SAS - Key offerings
- 10.9 Safran SA
- Exhibit 117: Safran SA - Overview
- Exhibit 118: Safran SA - Business segments
- Exhibit 119: Safran SA - Key news
- Exhibit 120: Safran SA - Key offerings
- Exhibit 121: Safran SA - Segment focus
- 10.10 SZ DJI Technology Co. Ltd.
- Exhibit 122: SZ DJI Technology Co. Ltd. - Overview
- Exhibit 123: SZ DJI Technology Co. Ltd. - Product / Service
- Exhibit 124: SZ DJI Technology Co. Ltd. - Key offerings
- 10.11 Teledyne Technologies Inc.
- Exhibit 125: Teledyne Technologies Inc. - Overview
- Exhibit 126: Teledyne Technologies Inc. - Business segments
- Exhibit 127: Teledyne Technologies Inc. - Key news
- Exhibit 128: Teledyne Technologies Inc. - Key offerings
- Exhibit 129: Teledyne Technologies Inc. - Segment focus
- 10.12 Thales Group
- Exhibit 130: Thales Group - Overview
- Exhibit 131: Thales Group - Business segments
- Exhibit 132: Thales Group - Key offerings
- Exhibit 133: Thales Group - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources
- 11.5 List of abbreviations
- Exhibit 140: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: newsroom.technavio.org/news/drone-flight-management-systemmarket
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article