The autonomous beyond visual line of sight (bvlos) drones global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size -
The
autonomous beyond visual line of sight (BVLOS) drones market size has
grown exponentially in recent years. It will grow from $1.08 billion in
2023 to $1.33 billion in 2024 at a compound annual growth rate (CAGR) of
22.8%. The growth in the historic period can be attributed to
increasing demand for efficient delivery systems, growth in agricultural
automation, improvements in infrastructure inspection, rising use in
emergency response and disaster management, and evolving regulatory
frameworks enabling BVLOS operations.
The autonomous beyond visual line of sight (BVLOS) drones market size is expected to see exponential growth in the next few years. It will grow to $3.05 billion in 2028 at a compound annual growth rate (CAGR) of 23.0%. The growth in the forecast period can be attributed to increasing demand for logistics and delivery solutions, regulatory changes favoring drone operations, rising investment in drone technology startups, growing applications in agriculture for precision farming, and expanding use in emergency response and disaster management. Major trends in the forecast period include advancements in battery technology for longer flight times, greater emphasis on safety and cybersecurity protocols, expansion of drone-as-a-service (DaaS) models, the integration of 5G technology for improved connectivity, and the development of advanced payload systems for diverse applications.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/autonomous-beyond-visual-line-of-sight-bvlos-drones-global-market-report
Scope Of Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market Overview
Market Drivers -
The
rapid growth in the military and defense sectors is expected to propel
the growth of the autonomous beyond visual line of sight (BVLOS) drone
market going forward. The military and defense sector refers to the
organizations and activities involved in national security, including
armed forces, defense agencies, and military equipment and technology
production. The rapid growth in the military and defense sectors is
driven by increasing geopolitical tensions, rising defense budgets, and
advancements in technology. Autonomous beyond visual line of sight
(BVLOS) drones enhance the military and defense sectors by enabling
long-range surveillance, reconnaissance, and logistics operations
without requiring direct human control, improving operational efficiency
and safety. For instance, in August 2024, according to the USA Facts, a
US-based not-for-profit, nonpartisan civic initiative, the US military
spent approximately $820.3 billion in 2023, accounting for roughly 13.3%
of the federal budget, while in March 2023, the Department of Defense
requested $842.0 billion for 2024, reflecting a 2.6% increase.
Therefore, rapid growth in the military and defense sectors drives
growth in the autonomous beyond visual line of sight (BVLOS) drones
market.
Market Trends -
Major companies operating in the
autonomous beyond visual line of sight (BVLOS) drone market are focusing
on developing advanced technology, such as automated ground
infrastructure, to enhance delivery efficiency, improve safety during
operations, and enable scalable logistics solutions for various
industries. Automated Ground Infrastructure refers to the systems and
technologies that facilitate drone operation, charging, and management
from the ground, including docking stations and associated software. For
instance, in April 2024, DroneUp, a US-based drone delivery service
provider, introduced its proprietary autonomous Ecosystem, which
integrates ground infrastructure, software, and drones to transform
last-mile logistics for retailers, quick-service restaurants, and
healthcare. DroneUp’s DBX docking station facilitates autonomous package
pickup, storage, and delivery, supporting precise landings, real-time
monitoring, and quick deliveries with up to 60 mph and a 30-mile range.
This scalable, affordable system aims to enhance operational efficiency
and is rolling out in select markets.
The autonomous beyond visual line of sight (BVLOS) drones market covered in this report is segmented –
1) By Type: Small Unmanned Aerial Vehicles (UAVs), Medium Unmanned Aerial Vehicles (UAVs), Large Unmanned Aerial Vehicles (UAVs)
2) By Product Type: Fixed Wing Drone, Rotor Drones, Hybrid Drones
3)
By End-User: Agriculture And Agribusiness, Energy And Utilities,
Construction And Engineering, Mining, Logistics And Transportation,
Government And Military, Media And Entertainment, Other End-Users
Get an inside scoop of the autonomous beyond visual line of sight (bvlos) drones market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18965&type=smp
Regional Insights -
North
America was the largest region in the autonomous beyond visual line of
sight (BVLOS) drones market in 2023. Asia-Pacific is expected to be the
fastest-growing region in the forecast period. The regions covered in
the autonomous beyond visual line of sight (BVLOS) drones marker report
are Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East, Africa.
Key Companies -
Major companies
operating in the autonomous beyond visual line of sight (BVLOS) drones
marker are Airbus SE, Honeywell International Inc., BAE Systems, Thales
Group, L3Harris Technologies Inc., Parrot SA, Quantum Systems, Skydio,
Zipline, Delair, Matternet, Flytrex Aviation, Wingcopter, Applied
Aeronautics, DroneUp, EHang, Plymouth Rock Technologies, Asylon,
Skyports, Amboya
Table of Contents
1. Executive Summary
2. Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market Report Structure
3. Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market Trends And Strategies
4. Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market – Macro Economic Scenario
5. Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market Size And Growth
…..
27. Autonomous Beyond Visual Line Of Sight (BVLOS) Drones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment