Tethered Drones Market: By Component (Camera, Battery, Tether Cable, Drone Platform, Controller System and Others), By Application (Surveillance, Imaging, Mapping and Others), By End-user (Military and Commercial) - Forecast 2027

ID: VPR/A&D/1260 Publishing Year: November 2021 Pages: 125 Format:   


Tethered Drones Market Overview:

Global Tethered Drones Market was valued at $ 205 million in 2020 and is expected to reach $ 2050 million by 2027, registering a CAGR of 38.95% from 2021 to 2028.

The Tethered Drones Market is expanding rapidly, owing to the rising number of applications for Tethered Drones in recent years. Over the last several years, the use of drones has skyrocketed. Drones were mostly utilized in the military sector until recently. Leisure drones are already selling in the millions, so the game has changed. Small, low-cost drones have a wide range of applications that companies and government agencies are beginning to employ to minimize risk, improve operations, and create new kinds of consumer and social value.

On the other hand, Tethered Drones, are in high demand in regions where continuous aerial coverage over vast regions is needed due to their dependable power source and well-maintained airborne stability. For example, Tethered Drones are used for dependable aerial coverage in law enforcement, public safety, private security, military, and crisis monitoring.

Furthermore, these Tethered Drones are widely employed in the field of wildlife studies, where they collect coverage for days at a time without the need for external assistance.

The research provides an up-to-date overview of the present worldwide Tethered Drones Market situation, as well as the most recent trends and drivers, as well as the overall market environment. Drones' increasing application breadth is driving the Tethered Drones Market. Furthermore, rising demand for drones in telecommunications is expected to propel the worldwide Tethered Drones Market forward.

Tethered Drones are becoming more popular for a variety of applications.

Commercial applications such as monitoring, mapping, imaging, and rescue operations all benefit from the usage of tethered drones. The usage of Tethered Drones in dangerous circumstances, such as natural catastrophes and emergency scenarios, is beneficial in providing real-time pictures in all weather and light circumstances with the assistance of high-quality cameras in all weather and light circumstances. Furthermore, since the cables used in these drone systems have a large weight carrying capacity and a high-temperature rating, they are increasingly being utilized in critical situations. In addition, Tethered Drones are being utilized to improve the visual experience of news and sports events. Furthermore, Tethered Drones are inexpensive, which is why they are becoming more popular in commercial applications. Tethered Drones are rapidly being utilized in various commercial applications as a consequence of these characteristics, which is one of the main drivers driving the worldwide Tethered Drones Market. However, the usage of traditional battery-powered Tethered Drones for surveillance applications has a short flight duration, which is anticipated to slow the Tethered Drones Market's development.

Key Players in the Tethered Drones Market:

  • ECA Group
  • CyPhy Works
  • Elistair
  • Hoverfly Technologies
  • Sky Technologies
  • UAVTEK
  • Azur Drones
  • Yuneec
  • Drone Aviation
  • Novadem

Segmental Analysis

The global Tethered Drones Market can be divided based on:

  • Component
  • Application
  • End-use Industry
  • Region

Global Tethered Drones Market, by Component

In terms of components, the global tethered drones market can be classified into:

  • Camera
  • Battery
  • Tether Cable
  • Drone Platform
  • Controller System
  • Others

Global Tethered Drones Market, by Application

Based on Application the global Tethered Drones Market can be segmented into:

  • Surveillance
  • Imaging
  • Mapping
  • Others

Global Tethered Drones Market, by End-use Industry

In terms of end-use industry, the global Tethered Drones Market can be segmented into:

  • Military
  • Commercial

Regional Analysis:

Due to massive technical advances fuelled by significant expenditures in R&D, the Americas account for the largest market. Some of the main driving factors in the Tethered Drones Market are the fast adoption of new technologies and government spending in the military industry. The industry's development is fuelled by the presence of well-established market players.

Because of the high need for surveillance in the military industry, the European area ranks second in terms of market size. The region's rebounding economy is helping to drive market expansion by boosting consumer buying power.

Europe is not alone in its determination to make money from tethered drones. The United States, China, and India are also three major nations that are spending substantially in technology and innovative companies, with overall European investments now exceeding their levels. In particular, the United States leads in the production of military drone systems, followed by Israel, while China leads in the production of recreational drones that are more often employed for professional reasons.

Due to the presence of developing economies such as China and India, the Asia Pacific area is projected to expand quickly. Saudi Arabia and the United Arab Emirates (UAE) are the Gulf countries that are driving the MEA (Middle East and Africa) market forward.



Frequently Asked Questions
Tethered Drones Market is predicted to grow at 38.95% through forecast period of 2020-2027.
By 2027, worth USD 2050 million is estimated for the global market.
Tethered Drones, are in high demand in regions where continuous aerial coverage over vast regions is needed due to their dependable power source and well-maintained airborne stability. Furthermore, these Tethered Drones are widely employed in the field of wildlife studies, where they collect coverage for days at a time without the need for external assistance are key factors driving the Tethered Drones Market.
ECA Group, CyPhy Works, Elistair, Hoverfly Technologies, Sky Technologies, UAVTEK, Azur Drones, Yuneec, Drone Aviation, Novadem

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