Press release

Public Safety Drones Market is Projected to Grow Expeditiously: to Reach USD 13.7 Billion by 2032, Report

 

 
Allied Market Research published a report, titled, "Public Safety Drones Market by Application (Search & Rescue, Firefighting, Law Enforcement, and Others), Drone Type (Fixed Wing, Multirotor, and Hybrid), and Mode of Operation (Autonomous and Non-autonomous): Global Opportunity Analysis and Industry Forecast, 2023-2032".

According to the report, the global public safety drones industry size generated $1.1 billion in 2022 and is anticipated to generate $3.7 billion by 2032, witnessing a CAGR of 13.1% from 2023 to 2032.

Prime determinants of growth

The growth of the global public safety drones market is driven by factors such as rise in awareness of capabilities and benefits of public safety drones, increase in need for streamlined operations, and government investments in R&D. However, stringent regulatory compliance and certification requirements as well as budgetary constraints hamper the growth of the market.

On the contrary, increase in emphasis on sustainability coupled with rise in environmental awareness and technological advancements are expected to offer remunerative opportunities for the expansion of the public safety drones market during the forecast period.

(We are providing public safety drones industry report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and Russia-Ukraine War Impact Analysis)

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/A10140

Impact of Russia-Ukraine War Scenario

On February 24, 2022, Russia initiated an invasion of Ukraine, marking a significant escalation in the ongoing Russo-Ukrainian war. The geopolitical situation is expected to negatively impact the production and availability of drones due to disruptions in the manufacturing and supply chain of drone components.

Economic challenges stemming from the conflict could result in financial constraints for public safety agencies.
Stricter regulations on drone usage may be imposed in sensitive areas due to increased geopolitical tensions. During geopolitical unrest, the demand for advanced surveillance and security measures rises, which is expected to drive the growth of the market.

The multirotor segment to maintain its leadership status throughout the forecast period.

On the basis of drone type, the multirotor segment held the highest market share in 2022, accounting for more than three-fourths of the global public safety drones market revenue, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to surge in development of specialized tactical multirotor drones for police and other public safety operators.

However, the hybrid segment is projected to attain the highest CAGR of 14.6% from 2023 to 2032, owing to rise in demand for hybrid drones in inspecting critical infrastructure, such as power lines or pipelines during search and rescue missions.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: - https://www.alliedmarketresearch.com/purchase-enquiry/A10140

North America to maintain its dominance by 2032

Region wise, North America held the highest market share in terms of revenue in 2022, accounting more than two-fifths of the public safety drones market revenue, and is likely to dominate the market during the forecast period, as there is an increase in adoption of drone by law enforcement and other public safety agencies. However, Asia-Pacific is expected to witness the fastest CAGR of 14.6% from 2023 to 2032, owing to rise in the adoption of drones by law enforcement departments in various countries for surveillance, crowd monitoring, and various other public safety reasons.

Key Highlights of the Report:

The market study on public safety drones includes over 15 countries, conducting a segment analysis for each country in terms of value ($ million) over the projected period of 2022-2032.
Integrating high-quality data, professional insights, and critical independent perspectives, the study adopts a research approach aimed at providing a comprehensive and balanced view of global markets. The goal is to assist stakeholders in making well-informed decisions to achieve their ambitious growth objectives.
The research involved a thorough review of over 3,700 product literature, annual reports, industry statements, and comparable materials from major industry participants. This extensive review enhances understanding and insight into the market dynamics.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐐𝐮𝐚𝐥𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐐𝐮𝐨𝐭𝐚𝐭𝐢𝐯𝐞 𝐃𝐚𝐭𝐚, 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) - https://www.alliedmarketresearch.com/checkout-final/a571ee0a777decc438018d341ee9bb60

Leading Market Players: -
Skydio, Inc.
DJI
Parrot Drone SAS
Teledyne Technologies Incorporated
Draganfly, Inc.
Yuneec
Autel Robotics
Hoverfly Technologies
Tekever
BRINC DRONES, Inc.

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/public-safety-drones-market-A10140

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐂𝐫𝐞𝐰 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/aviation-crew-management-system-market-A177928
𝐆𝐫𝐞𝐞𝐧 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/green-airport-market-A13304

Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...