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Top 10 Companies Dominating the Global Drones Market, Supported by Technological Advancements in the Product

Global Drones Market

 

SZ DJI Technology Co., Ltd., Intel Corp., Advanced Technology Labs AG (Yuneec), DELAIR SAS, Parrot Drones SAS, DroneDeploy, Inc., Terra Drone Corp., PrecisionHawk, Inc., Autel Robotics Co., Ltd., and Birds Eye Aerial Drones, LLC., among others, are the major players in the global drones market. 

 

The global drones market reached a value of around USD 38.25 billion in 2023. The market is projected to grow at a CAGR of 22.4% in the forecast period of 2024-2032 to reach around USD 244.95 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by evolving drone technology and its ability to enhance the productivity of the end-use market.

 

Drone technology is rapidly evolving, with manufacturers extensively investing in research to boost innovations. The integration of artificial intelligence (AI) and machine learning (ML) into drone systems has enhanced their ability to analyse and interpret data in real time. Consequently, it has helped them provide end users with actionable insights to enable automated decision-making. Drones are widely being adopted in the agricultural sector to conduct autonomous tasks, such as crop dusting and irrigation, propelling the drones market growth. Autonomous drones provide continuous monitoring and intervention to farmers and hold the potential to revolutionise agricultural practices to boost productivity.

 

Drones are crucial assets for the military and defence sectors. Drones are widely adopted in conflict zones for surveillance and reconnaissance. The ability of advanced drones to survey large areas, collect visual data, and provide critical information in real time is invaluable for military operations.

 

The drones market is characterised by a range of developments:

Date Development
Feb 2024 InsideFPV, an Indian drone manufacturer, launched its made in India Elevate V1 Series drones. The drones are aimed at catering to the needs of various sectors, including cinematography, surveillance, STEM education, and agriculture. With this launch, the company is targeting markets, such as government contracts and defence, commercial, agriculture, and surveillance.
Jan 2024 Skydio, a leading drone manufacturer in the United States released X10D, an AI-enhanced unmanned aerial vehicle (UAV). The UAV is an updated version of the X2D drone and is built according to US federal standards. The drone’s AI flight assistance and obstacle avoidance capabilities, allow it to fly in more complex environments. Further, it requires less training due to a reduction in its cognitive load from operators.
Nov 2023 DJI unveiled two new drone models, T60 and T25P for the agricultural sector to make agricultural production easier. The T60 agricultural drone can be deployed for farming, forestry, and aquaculture, while the lightweight T25P drone is more flexible and convenient for operating on scattered and small plots.
Nov 2023 Hungary-based ABZ Innovation launched L30, a crop-spraying drone with the capability to carry 30 litres of pesticides with every flight. The drone can spray up to 21 hectares/ hour and is designed for farms of around 80 to 100 hectares in size.

 

Top 10 Drones Companies in the World:

SZ DJI Technology Co., Ltd.

Headquarters: Shenzhen, China
Establishment: 2006    
Website: https://www.dji.com/


SZ DJI Technology Co Ltd (DJI) manufactures and distributes drones and handheld imaging devices. Its drone portfolio is made up of DJI Mini 3, DJI Mavic 3 Classic, DJI Mavic 3, DJI Avata, DJI Mini 3 Pro and DJI Air 2S. The company’s products are adopted for capturing aerial images and for rescue operations, inspection, and lifesaving. In 2023, the company's drone products have assisted agricultural production in about 43.3 million hectares of land, accounting for around 30% of China’s total arable land. DJI agricultural drones have been operated in more than 100 countries and regions.

 

Intel Corp.

Headquarters: New California, United States
Establishment: 1968
Website: https://www.intel.com/

 

Intel Corporation manufactures drones with tremendous capabilities and design flexibility to accelerate their use in sophisticated applications. The drones make use of real-time kinematic (RTK) GPS for positional accuracy. The drones can create impressive, detailed 3D animations even in small air spaces and feature high-powered LEDs that can produce more than four billion colour combinations in true-to-colour and bright light.

 

Advanced Technology Labs AG (Yuneec)

Headquarters: Switzerland
Establishment: 2016
Website: http://yuneec.ch/

 

Advanced Technology Labs AG (Yuneec) is engaged in the production of state-of-the-art technology for drones. The company’s drone, Yuneec H520 was the first commercial drone to run on PX4 software, worldwide. Yuneec is a prominent contributor to PX4, the open-source software ecosystem for drones. Yuneec’s flagship drones H520 and H520E are deployed by police departments across the United States. 

 

DELAIR SAS

Headquarters: Toulouse, France
Establishment: 2011
Website: https://delair.aero/

 

Delair is an international provider of high-performance drone-based solutions. The company’s professional pilots, engineers, and support centres help companies and governments to achieve their specific drone project objectives. It designs and manufactures professional drones, including the world’s first commercially certified BVLOS drone.

 

Parrot Drones SAS

Headquarters: France
Establishment: 1994
Website: https://www.parrot.com/    

 

Parrot Drones SAS manufactures professional drones for the world’s most demanding organisations. The Federal Bureau of Investigation (FBI), the Naval Criminal Investigative Service (NCIS), the US ARMY, and the British Army are prominent customers of the company. Parrot also has a large partner ecosystem for professional drones, including enterprise drone platforms, advanced mission planning, flight logs services, public safety programs, real-time geospatial situational awareness, and surveying and mapping programmes. 

 

DroneDeploy, Inc.

Headquarters: California, United States
Establishment: 2013
Website: https://www.dronedeploy.com/

 

DroneDeploy, Inc. helps companies in the construction, oil and gas, renewable energy, agriculture, mining and quarries, utilities, roofing, and property management sectors to enhance their efficiency by capturing data using drones, robots, and 360 cameras. The company caters to the needs of around 50% of the top United States companies, and 90% of top general contractors and seed and chemical companies in the world. 

 

Terra Drone Corp.

Headquarters: Tokyo, Japan
Establishment: 2016
Website: https://terra-drone.net/

 

Terra Drone Corporation specialises in developing systems to manage drone and Urban Air Mobility (UAM) flights across the world while adhering to regional regulations. The company continuously invests in research to advance its drone technology. Terra Drone has locations in various countries, including Japan, Belgium, Indonesia, the Netherlands, Saudi Arabia, and Malaysia. The company provides a range of services including UAS traffic management, inspection, agriculture, and surveying. 

 

PrecisionHawk, Inc.

Headquarters: North Carolina, United States
Establishment: 2010
Website: https://www.precisionhawk.com/

 

PrecisionHawk uses data to enable timely, effective, and strategic asset management. It accelerates, automates, and amplifies data acquisition and analysis for enterprises. The company blends multiple layers of data sources, collected using drones, satellites, manned aircraft, ground crews, and artificial intelligence-powered analytics, to supply a single, streamlined point of access to geospatial (GIS) intelligence.

 

Autel Robotics Co., Ltd.

Headquarters: Shenzhen, China    
Establishment: 2014
Website: https://www.autelrobotics.com/

 

Autel Robotics is engaged in developing drone technology for commercial and consumer users. The company has a strong reputation in United States markets. The company provides drones, including X-STAR, EVO series, and EVO II series to meet the needs of various end users. The company's subsidiaries are located in the United States, Germany, Italy, and Singapore. Its research and development base at Nanshan Park is spread over an area of 19,000 square feet while its production base at Guangming Industrial manufacturing facility covers 37,000 square feet.

 

Birds Eye Aerial Drones, LLC

Headquarters: California, United States
Establishment: 2015
Website: https://birdseyeaerialdrones.com/

 

Birds Eye Aerial Drones, LLC is a leading drone service company in San Diego. It provides professional and robust aerial imagery solutions to its customers. The company acquires, processes, and delivers aerial imagery to several end-use markets, such as commercial, consulting, environmental, film and television, government, and utilities. Its prominent clients include the Professional Golfer’s Association of California, Leighton, Port of San Diego, RICK Engineering Company, and Padre Dam Municipal Water District, among others.     

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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