Global India Drones Market Size Study, by Type, Component, Payload, Point of Sale (Original Equipment Manufacturers, Aftermarket), End Use Industry and Regional Forecasts 2022-2032

Description

The India drones market is valued at approximately USD 558.97 million in 2023 and is projected to exhibit a robust compound annual growth rate (CAGR) of 17.0% over the forecast period 2024-2032, reaching an estimated USD 2296.47 million by 2032. This rapid market expansion is fueled by significant advancements in drone technology and their increasing adoption across various industries.

Drones, commonly referred to as unmanned aerial vehicles (UAVs), are equipped with advanced systems such as global positioning systems (GPS), collision avoidance sensors, thermal cameras, and ground control systems. These technologies enhance the functionality of drones, making them indispensable in industries like construction, agriculture, and defense. For instance, drones play a vital role in land surveying, visual inspections, and real-time data collection, reducing operational risks and human errors.

The growing trend of aerial photography and videography, coupled with advancements like the integration of artificial intelligence (AI) and machine learning (ML), is further accelerating the market growth. These technologies enable drones to automate navigation and enhance their imaging capabilities, broadening their application in sectors like media and entertainment. Additionally, government initiatives such as "Drone Shakti" and rising investments in research and development (R&D) are paving the way for the introduction of customized and technologically advanced drones.

Despite challenges such as high costs and regulatory complexities, the increasing use of drones in the military sector to address cross-border concerns and in agriculture for precision farming underscores the market's growth potential. Regionally, North India leads the market, supported by industrial growth and technological advancements, while South India is emerging as a promising region for market expansion.

Major market players included in this report are:

DJI
Parrot Drones
Aerodyne Group
General Atomics
Terra Drone Corporation
Delair
Ehang
Asteria Aerospace
ideaForge Technology Pvt Ltd
Thales Group
Boeing
Lockheed Martin Corporation
Northrop Grumman
Kratos Defense & Security Solutions
Elbit Systems

The detailed segments and sub-segments of the market are explained below:

By Type

Fixed Wing
Rotary Wing
Hybrid

By Component

Hardware
Software
Accessories

By Payload

<25 Kilograms
25-170 Kilograms
170 Kilograms

By Point of Sale

Original Equipment Manufacturers (OEM)
Aftermarket

By End Use Industry

Construction
Agriculture
Military and Defense
Law Enforcement
Logistics
Media and Entertainment
Others

By Region:

North India
West and Central India
South India
East India

Years Considered for the Study:

Historical Years: 2022
Base Year: 2023
Forecast Period: 2024-2032

Key Takeaways:

Market estimates and forecasts for 10 years, covering 2022-2032.
Annualized revenue and regional-level analysis for each market segment.
Detailed geographical breakdown with country-level analysis for major regions.
Comprehensive competitive landscape analysis, including key players and strategies.
Recommendations and actionable insights for market participants.
Examination of demand-side and supply-side dynamics impacting the market.

Chapter 1. Global India Drones Market Executive Summary

1.1. Global India Drones Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Component
- 1.3.3. By Payload
- 1.3.4. By Point of Sale
- 1.3.5. By End Use Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global India Drones Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global India Drones Market Dynamics

3.1. Market Drivers
- 3.1.1. Increased Adoption in Agriculture and Construction
- 3.1.2. Technological Advancements in AI and ML
3.2. Market Challenges
- 3.2.1. High Operational Costs
- 3.2.2. Regulatory Hurdles
3.3. Market Opportunities
- 3.3.1. Expanding Defense Applications
- 3.3.2. Integration with Emerging Technologies

Chapter 4. Global India Drones Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global India Drones Market Size & Forecast by Type (2022-2032)

5.1. Segment Dashboard
5.2. Global India Drones Market: Type Revenue Trend Analysis (2022 & 2032)
- 5.2.1. Fixed Wing
- 5.2.2. Rotary Wing
- 5.2.3. Hybrid

Chapter 6. Global India Drones Market Size & Forecast by Component (2022-2032)

6.1. Segment Dashboard
6.2. Global India Drones Market: Component Revenue Trend Analysis (2022 & 2032)
- 6.2.1. Hardware
- 6.2.2. Software
- 6.2.3. Accessories

Chapter 7. Global India Drones Market Size & Forecast by Payload (2022-2032)

7.1. Segment Dashboard
7.2. Global India Drones Market: Payload Revenue Trend Analysis (2022 & 2032)
- 7.2.1. <25 Kilograms
- 7.2.2. 25-170 Kilograms
- 7.2.3. >170 Kilograms

Chapter 8. Global India Drones Market Size & Forecast by Point of Sale (2022-2032)

8.1. Segment Dashboard
8.2. Global India Drones Market: Point of Sale Revenue Trend Analysis (2022 & 2032)
- 8.2.1. Original Equipment Manufacturers (OEM)
- 8.2.2. Aftermarket

Chapter 9. Global India Drones Market Size & Forecast by End Use Industry (2022-2032)

9.1. Segment Dashboard
9.2. Global India Drones Market: End Use Industry Revenue Trend Analysis (2022 & 2032)
- 9.2.1. Construction
- 9.2.2. Agriculture
- 9.2.3. Military and Defense
- 9.2.4. Law Enforcement
- 9.2.5. Logistics
- 9.2.6. Media and Entertainment
- 9.2.7. Others

Chapter 10. Global India Drones Market Size & Forecast by Region (2022-2032)

10.1. North India
- 10.1.1. U.S. India Drones Market: Revenue Trend Analysis (2022 & 2032)
10.2. West and Central India
- 10.2.1. Regional India Drones Market: Revenue Trend Analysis (2022 & 2032)
10.3. South India
- 10.3.1. Regional India Drones Market: Revenue Trend Analysis (2022 & 2032)
10.4. East India
- 10.4.1. Regional India Drones Market: Revenue Trend Analysis (2022 & 2032)

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. DJI
- 11.1.2. General Atomics
- 11.1.3. Parrot Drones
11.2. Top Market Strategies
11.3. Company Profiles

Chapter 12. Research Process

12.1. Data Mining
12.2. Analysis
12.3. Market Estimation
12.4. Validation
12.5. Publishing