PUBLISHER: KBV Research | PRODUCT CODE: 1373975
PUBLISHER: KBV Research | PRODUCT CODE: 1373975
The Asia Pacific Drone Software Market would witness market growth of 18.8% CAGR during the forecast period (2023-2030).
The expanding use of drones in various industries is driving demand for advanced technology in aerial vehicles. Drones can soar in multiple geographical locations, irrespective of range or altitude. These advantages are boosting demand for unmanned aerial vehicles in several nations. Commercial applications, including precision agriculture, construction & infrastructure, security, energy & power, insurance, transportation, and logistics, are driving the development of the market significantly.
There are three primary categories of drones namely fixed-wing, rotary-wing, and hybrid. Four propellers, six propellers, and eight propellers are the most common configurations for multi-rotor drones. The fixed-wing rotor airplane type is designed for substantially greater efficiency and exceptional endurance at high altitudes. Widely configured for long-distance, high-altitude operations, the drones' configurations are diverse. During the forecast period, the market is anticipated to be driven by the increasing global adoption of unmanned aerial vehicles.
Drones in the Asia Pacific region have seen upgrades in imaging technology by integrating high-resolution cameras. These cameras capture detailed imagery suitable for applications in agriculture, infrastructure inspection, and environmental monitoring. AI and ML algorithms are increasingly integrated into drone software in the Asia Pacific region to enhance image analysis and interpretation. This enables automated object recognition, anomaly detection, and data extraction. These advancements in sensor and camera technologies have not only improved the capabilities of drones but have also expanded their applications in the Asia Pacific region. Thus, the continued development of autonomous flight capabilities is expected to expand the range of drone applications in this region and contribute to the growth of the market.
The China market dominated the Asia Pacific Drone Software Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,525.4 million by 2030. The Japan market is experiencing a CAGR of 18.1% during (2023 - 2030). Additionally, The India market would witness a CAGR of 19.6% during (2023 - 2030).
Based on Solution, the market is segmented into Application-based, and System-based. Based on Architecture, the market is segmented into Open Source, and Closed. Based on Deployment, the market is segmented into Onboard, and Ground-based. Based on Drone Type, the market is segmented into Rotary Blade, Fixed Wing, and Hybrid. Based on End-use, the market is segmented into Commercial, Consumer, and Military. Based on Vertical, the market is segmented into Media & Entertainment, Defense & Government, Agriculture, Construction & Mining, Logistics & Transportation, Energy & Utilities, and Others. Based on Application, the market is segmented into Filming & Photography, Inspection & Maintenance, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring, Search & Rescue, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kespry, Inc., SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), DroneDeploy, Inc., Esri, Inc., Pix4D SA, PrecisionHawk, Inc., AgEagle Aerial Systems, Inc., Skydio, Inc., AirMap Inc. (DroneUp, LLC), DELAIR SAS.
Market Segments covered in the Report:
By Solution
By Architecture
By Deployment
By Drone Type
By End-use
By Vertical
By Application
By Country
Companies Profiled
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