According to estimates, the aerial robot market will be worth US$ 8,364.0 million in 2023 and US$ 57,205.8 million by 2033, rising at a CAGR of about 21.2% over that time.
The value of the worldwide robot market is anticipated to be around US$38,654 million in 2023. A crucial area of the overall robot market is aerial robot. At the end of 2022, sales of aerial robots represented an approximately 21.6% value share of the worldwide robot market.
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Market Frontrunners
- AIRIAL ROBOTICS
- AeroVironment, Inc.
- AirRobot®
- DJI
- Exyn Technologies
- Infinium Robotics
- MICRODRONES
- NEVA Aerospace
- Parrot Drone SAS
- Robot Aviation
- Shield AI.
- Skydio, Inc.
- Tesla VTOL Aircraft Company, Inc.
- Wingtra
- Yuneec Holding Ltd. Company
Key Takeaways from Study
- Global aerial robots market is poised to expand and reach the valuation of US$ 57,205.8 Million by the end of 2033.
- The global aerial robots market witnessed a healthy CAGR of 6 % during 2018 to 2022.
- By application segment, inspection & maintenance is likely to account for 8% of revenue share by obtaining a valuation of US$ 1,486.3 Million in 2023.
- East Asia region is expected to register a CAGR of 4% over the forecast period, as it will be valued at US$ 1,514.7 Million by 2023 end.
- Under operation segment, fully autonomous aerial robots are estimated to account for approximately a 7% share of aftermarket sub-segment in 2023.
- Germany in Europe region provides more revenue generation opportunities and is expected to capture a market share of 2% in 2023.
“Increased Ease of Aerial Inspection Services Using Aerial Robots to Aid the Market Growth” says a Fact.MR analyst
Market Development
Government laws and the design of human-machine interfaces are active areas of study for many research institutions, universities, and businesses. However, the necessity to abide by and support the developing regulatory environment to accommodate these quickly growing systems is the main barrier to the commercial growth of aerial robots.
The field has been opened up to researchers, industry players, and R&D organisations for more technological advancements in aerial robots thanks to innovations across a variety of industries, including microelectromechanical sensors, lithium polymer batteries, more powerful propellers, and the accessibility of prototyping technologies and new materials.
Industry Research
- By Operation :
- Remotely Piloted
- Fully Autonomous
- By Application :
- Filming & Photography
- Inspection & Maintenance
- Mapping & Surveying
- Precision Agriculture
- Surveillance & Monitoring
- Delivering
- Others
- By End Use Industry :
- Agriculture & Forestry
- Delivery & Logistics
- Media & Entertainment
- Construction & Mining
- Oil & Gas
- Security & Law Enforcement
- Recreational Activity
- Others
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia and Oceania
- Middle East & Africa
Regional Analysis For Aerial Robot Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
Key Questions Covered in the Aerial Robot Market Report
- What is the projected value of the Aerial Robot factors Industry in 2023?
- At what rate will the global Aerial Robot factors market size grow until 2033?
- Which are the factors hampering the growth of Aerial Robot factors?
- Which region is expected to lead in the global Aerial Robot factors market By 2033?
- Which are the factors driving the Aerial Robot factors Industry during the forecast period?
- What is the expected market value of the Aerial Robot factors market during the forecast period?
What differences can the aerial robot market report make on the revenue impacts and strategies of businesses?
Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the aerial robot market and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:
- Attractiveness quotient of emerging product/technology types in various products in the aerial robot market
- Micro-economics factors that may hamper the prospects of some of the key segments
- Recent spate of research and development (R&D) funding on key aerial robot markets
- New business models paving way for disruptions in demand dynamic of key segments
- Regional markets that will be future engine of growth and the industry trends that will support these markets
- Challenges overcoming which may offer industry players competitive edge
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