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The Australia drones market size reached USD 0.28 billion in 2023. The market is expected to grow at a CAGR of 27% between 2024 and 2032, reaching almost USD 2.76 billion by 2032.
Australia is experiencing a surge in drone technology adoption, propelling economic growth across various sectors. The expansion of the drone industry and its application in diverse fields such as agriculture, cinematography, and mining are driving the Australia drones market growth. Drones are proving invaluable in agriculture, where they optimize crop management and enhance sustainability. Similarly, in mining, drones aid in site surveys and safety inspections, boosting productivity and worker safety.
Australia's unique landscapes make it an ideal testing ground for environmental conservation efforts utilizing drones to monitor wildlife and respond to natural disasters swiftly. The country hosts numerous certified drone operators and events like the World of Drones Congress, fostering innovation and collaboration. With estimated cost savings of USD 48 billion from 2020 to 2050, drones are reshaping traditional business practices.
However, ensuring safe integration into airspace requires comprehensive government policies and regulatory frameworks. Despite their current prevalence in agriculture and mining, the future growth of drones in Australia will be driven by their increasing role in transport and logistics, with trials already underway for drone deliveries of various goods and medical supplies.
As industry players invest and expand their drone fleets, collaboration between government and industry will be crucial in navigating regulatory challenges and advancing technological capabilities. Incremental advancements in battery life and payload capacity will further drive industry growth, paving the way for widespread adoption of drones in various sectors, including autonomous air transport aiding the Australia drones market development.
Australia Drones Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Component
Market Breakup by Capability
Market Breakup by Payload
Market Breakup by Point of Sale
Market Breakup by End Use
Market Breakup by Region
Key players are creating advanced technology-integrated drone hardware and software solutions that minimise human labour in tasks like aerial mapping, mining, and construction.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to be valued at USD 0.28 billion in 2023.
The market is projected to grow at a CAGR of 27% between 2024 and 2032.
The revenue generated from the drones market is expected to reach USD 2.76 billion in 2032.
The market is categorised according to its type, which includes fixed wing, hybrid, rotary wing and others.
The key market players are Revolution Ag Pty Ltd., Iridium Dynamics Pty Ltd., D1 STORE Pty Ltd., Autel Robotics Co., Ltd., Carbonix, and others.
The market is driven by factors that include increasing application in diverse fields such as agriculture, cinematography, and mining, technological advancements, and increasing investment in drone technologies, among others.
The market is categorised according to its end use, which includes agriculture, media and entertainment, law enforcement, construction, military and defence, logistics and others.
Australia's Civil Aviation Safety Authority (CASA), tasked with ensuring aircraft safety, including drones, approximates that the count of recreational drones in the country ranges between 1 to 2 million, indicating that roughly 1 in 10 Australians likely owns a drone.
In Australia, two drone delivery services have gained approval: Wing Aviation Pty Ltd. offers on-demand delivery of various supplies to customers residing within a 10 km radius of a designated base station. This encompasses a range of items such as food and beverages, over-the-counter pharmaceuticals, hardware products, and recreational supplies.
With robust cameras and versatile payload capabilities, these drones are well-suited for tasks like aerial surveys, inspections, and data collection
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