Rising use of drones to extinguish wildfires due to increasing instances of fire, particularly in the oil & gas sector, is expected to drive market expansion in the near future at a CAGR of 10.50% during the forecast period 2023 to 2032.
Market Research Future (MRFR) has published a cooked research report on the “Global Firefighting Drone Market” that contains information from 2018 to 2032. The Firefighting Drone market is estimated to register a CAGR of 10.50% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Firefighting Drone market— SKYDIO, INC., DSLRPros, L3Harris Technologies, Inc. DJI, Elistair, Guangzhou Walkera Technology Co. Ltd., Dronefly, Drone Amplified, Yuneec Holding Ltd. Company, Vimal Fire, Lockheed Martin Corporation, BSS Holland B.V, Draganfly Inc., EHang, AeroVironment, Inc., Teledyne Technologies Incorporated.
Firefighting Drone Market Highlights
The global Firefighting Drone market is accounted to register a CAGR of 10.50% during the forecast period. It is estimated to reach USD 2.7 billion by 2032.
The rising use of drones to extinguish wildfires, instead of using fire engines or human-powered fire extinguishers, is the main driver of the firefighting drone market expansion. Strict rules and regulations by the government are the major factors that restrain the firefighting drone market. Additionally, the move development of new and advanced technology, is anticipated to promote the growth of the global Firefighting Drone market.
Segment Analysis
The global Firefighting Drone market has been segmented based on type, size, propulsion, and application.
On the basis of type, the market is segmented into fixed-wing and multi-rotor. The multi-rotor segment was attributed to holding the largest market share in 2022 due to its sturdy and IP certification that allows it to operate in any conditions.
Based on size, the global Firefighting Drone market has been segmented into micro drones and macro drones. The micro drones segment was expected to hold the largest market share in 2022 due to the ability to fly anywhere and inspect anything quickly and accurately.
Based on propulsion, the global Firefighting Drone market has been segmented into electric motors, piston engines, and solar powered. The electric motors segment was expected to hold the largest market share in 2022 due to it being equated to conventional chemical thrusters; the EP thrusters’ propulsive performances are improved by using electric power.
Based on application, the global Firefighting Drone market has been segmented into scene monitoring, search and rescue, post-fire or disaster assessment, and firefighting. The firefighting segment was expected to hold the largest market share in 2022 due to thermal sensor deployment, which is safe and lifesaving.
Regional Analysis
The global Firefighting Drone market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Firefighting Drone market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Firefighting Drone market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Firefighting Drone market comprises the Middle East, Africa, and Latin America.
The largest market share for Firefighting Drone was maintained by the North American regional sector. This increase is attributed to expanding research and development of the rise in demand for drones from different segments, including firefighting applications and municipal services. Additional factors promoting market growth include increased investor investments, government support, and the viability of the technology in the area. The implementation of stringent rules, the growing trend of using drones, and the considerable presence of significant technology providers and major production companies all have an impact on the US market.
Moreover, the European market has been persistently growing over the forecast period. Rising advancements in technology drive the demand for Firefighting drones. Government initiatives support market expansion.
Additionally, due to the increasing incidence of flash fires in various industries, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The Asia Pacific market will benefit from a government initiative towards firefighting drones.
Furthermore, the rest of the world's Firefighting Drone market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use level of functionality and facilitate advanced safety features and research and development. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.
Key Findings of the Study
- The global Firefighting Drone market is expected to reach USD 2.7 billion by 2032, at a CAGR of 10.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis on the incidence of flash fires in various industries.
- Based on application, the firefighting segment was attributed to holding the largest market in 2022, with an approximate market share of X-X%.
- SKYDIO, INC., DSLRPros, L3Harris Technologies Inc., DJI, Elistair, Guangzhou Walkera Technology Co. Ltd., Dronefly, Drone Amplified, Yunee Holding Ltd. Company, Vimal Fire, Lockheed Martin Corporation, BSS Holland B.V, Draganfly Inc., EHang, Aerovironment, Inc., Teledyne Technologies Incorporated.
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Companies Covered | 15 |
Pages | 128 |
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