Rising Demand For Improved Surveillance And Growing Demand For Multipurpose Drones Equipped With Payloads To Drive The Global Drone Payload Market

Research report on the “Global Drone Payload Market” that contains information from 2020 to 2030. 

MRFR recognizes the following companies as the key players in the global Drone Payload market: Lockheed Martin Corporation (US), BAE Systems Plc (UK), Northrop Grumman Corporation (US), Elbit Systems Ltd (Israel), Thales Group (France), Israel Aerospace Industries (Israel), AeroVironment (US), Parrot SA (France), Raytheon Technologies Corporation (US), and SZ DJI Technology Co., Ltd (China),

Market Highlights

Drone Payload market Size is Anticipeted to  valued at USD 6,684 Million 2020 and register a CAGR of over 15.35% by 2020-2030

Factors such as increasing demand for improved surveillance and growing demand for multipurpose commercial drones equipped with payload are expected to drive the market during the forecast period. In addition, technological advancements in drone payload is expected to provide a lucrative opportunity for the market players. However, the major challenge plaguing this market is the issue associated with security and privacy.

COVID-19 Impact Analysis

With the emergence of the COVID-19 pandemic, governments and international agencies all issued measures to keep the spread of the virus in check, focusing on lockdowns and social distancing. After the initial few months of the pandemic, the Drone Payload market started to recover slowly when lockdowns ended. During the pandemic, vehicle owners and fleet managers realized the importance of contactless Drone Payload services to ensure the safety of customers and workers at pumps or service stations, which led to an increased demand for such service.

Segment Analysis

The global Drone Payload market has been segmented on the basis of type, end-user, application, and region.

Based on the type, the market has been segmented into (EO/IR, Cameras, SAR, SIGINT, ELINT, COMINT, MPR, Laser Sensors, CBRN Sensors & Optronics.

Based on end users, the drone payload market has been segmented into defense and commercial.

Based on application, the drone payload market has been segmented into mapping and surveying, photography, monitoring, ISR, and others.

On the basis of region, the drone payload market has been segmented into North America, Asia-Pacific, Europe, the Middle East, and Africa, and Latin America.

Key Findings of the Study:

• The global Drone Payload market is projected to reach a value of USD 17,200.41 million by 2027, with a CAGR of around 15.3% during the forecast period from 2021 to 2027.


• North America accounted for the largest market share in 2021. The drone market in North America is fragmented, with BirdsEyeView Aerobotics, DJI, Intel, and Drone Delivery Canada among the most important participants.


• The Asia Pacific is expected to be the second-largest market in 2021 due to Increased military spending on drone payloads in countries like India and China is driving market growth in the Asia-Pacific region


• The  US is among the top contributors in the fuel cards market.


• Technological advancement in drone payload is the key opportunity in this market.