Overview and Scope
Safety and security drones refer to unmanned aerial vehicles (UAVs) equipped with various technologies designed to enhance safety and security measures in different contexts. These drones are utilized in a wide range of applications, including surveillance, search and rescue operations, disaster response, law enforcement, border patrol, and infrastructure inspection, among others.
Sizing and Forecast
The safety and security drones market size has safety and security drones in recent years. It will grow from $1.79 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 20.4%. The growth in the historic period can be attributed to solar-powered drones, increasing demand for specialized drones, natural disasters, increasing public acceptance of drones, increasing security concerns.
The safety and security drones market size is expected to see safety and security drones in the next few years. It will grow to $4.48 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to adoption of hybrid and vertical takeoff and landing(VTOL) designs, secure communication protocols, ground control stations, sensors, cameras, lidar. Major trends in the forecast period include drone-in-a-box solutions, artificial intelligence and automation, edge computing and real-time processing, swarm technology, cloud-based data management.
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Segmentation & Regional Insights
The safety and security drones market covered in this report is segmented –
1) By Type: Fixed Wing Drone, Versus Rotary Drone, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Explosive Detection And Removal, Firefighting, Smart Cities, Inspection And Safety, Patrolling, Surveillance Operation, Weathers And Climate Analysis, Other Applications
4) By End Users: Agriculture, Airports, Colleges And Universities, Construction, Forestry & Logging, Government, Other End Users
North America was the largest region in the safety and security drones market in 2023. The regions covered in the safety and security drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising threat of security incidents is expected to propel the growth of the safety and security drones market going forward. The increasing security threats across various sectors have contributed to the development of the security drone market. Drones offer advanced surveillance and monitoring capabilities, making them valuable tools in addressing security challenges. Safety and security drones are utilized in security incidents to provide unique capabilities that enhance situational awareness, mobility, real-time aerial surveillance and monitoring. For instance, in March 2023, according to ReliefWeb, a US-based digital service for the coordination of humanitarian affairs, terrorist attacks became more deadly in 2022, killing on average 1.7 people per attack in 2022 compared to 1.3 deaths per attack in 2021. Furthermore, in April 2023, according to the Office for National Statistics, a UK-based government department, police documented 2.1 million cases of violence against people in 2022. This was a 20% increase over 2020 (1.7 million offenses) and a 5% increase over the fiscal year ending in 2021 (2 million offenses). Therefore, the rising threat of security incidents drives the safety and security drones market.
Key Industry Players
Major companies operating in the safety and security drones market are SZ DJI Technology Co Ltd., FLIR Systems Inc., GoPro Inc., Yuneec International Co.Ltd., Insitu Inc., Autel Robotics Inc., Parrot Drones SAS, Microdrones GmbH, Flyability, Dedrone Holdings, Delair, Scylla Technologies Inc., Ageagle Aerial Systems Inc., Azur Drones SAS, DroneShield Ltd., Chengdu JOUAV Automation, Kespry Inc., Tonner Drones SA, Elistair, Aerialtronics, ideaForge Technology Limited, Lorenz Technology ApS, Freefly Systems, Guangzhou EHang Intelligent Technology Co. Ltd., Aeryon Labs Inc., Action Drone Inc., FlytBase Inc., Airborne Response, Aria Insights Inc., ZenaDrone Inc.
The safety and security drones market report table of contents includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Safety And Security Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Safety And Security Drones Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Safety And Security Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: SZ DJI Technology Co Ltd Financial Performance
Table 76: FLIR Systems Inc. Financial Performance
Table 77: GoPro Inc. Financial Performance
Table 78: Yuneec International Co.Ltd. Financial Performance
Table 79: Insitu Inc. Financial Performance
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