The market for autonomous firefighting drones is projected to be worth US$ 1,916.8 million in 2023 and to grow at a CAGR of 16.7% to US$ 8,980.2 million by the end of 2033.
The market for autonomous drones is expected to reach a size of $15,635 million globally in 2023 and grow at a 19% CAGR. In the entire drone industry, which is projected to reach a value of US$ 33.9 billion in 2023, autonomous drones are estimated to have a market penetration of 46%. By the end of 2022, sales of autonomous firefighting drones held close to 12% of the worldwide autonomous drone market.
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Segmentation of Autonomous Firefighting Drone Industry Research
- By Range of Flight :
- less than 10 km
- 10 Km – 20 Km
- 20 Km – 30 Km
- more than 30 km
- By Payload (lbs.) :
- Less than 100
- Above 250
- By Drone Type :
- By Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Key Companies Profiled
How Autonomous Firefighting Drone Market Is Skyrocketing in United States?
All drones used for commercial purposes in the United States must be registered with the Federal Aviation Administration (FAA) through the FAA Drone Zone website, and all drone operators are required to possess a valid FAA remote pilot certificate. The qualification offers a fundamental grasp of what other commercial pilots are doing in the area surrounding their drones and is designed for anybody who makes money flying drones, such as research teams and photographers.
It is intended to guarantee that market participants have a solid grasp of and are focused on integrating cutting-edge technologies like computer vision, the Internet of Things (IoT), and machine learning (ML) into their products. As a result, it is anticipated that the US market for autonomous firefighting drones would reach US$ 549 million by 2023.
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Leading companies including Walkera, Ehang, Skydio, DJI, Parrot, fotokite, T-Drones, and others are prominent makers of autonomous firefighting drones.
There are both significant and minor market actors in the fragmented market for autonomous firefighting systems. Therefore, in order to succeed in such a competitive environment, companies must identify their products utilizing cutting-edge technology and distinctive commodities. Product prices may need to be decreased in order to maintain market positions in this fiercely competitive climate, which might have a severe effect on manufacturers’ profit margins.
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