Technavio has been monitoring the global tethered drones market since 2016 and the market is poised to grow by USD 118.65 million during 2019-2023, progressing at a CAGR of over 70% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled global tethered drones market 2019-2023 (Graphic: Business Wire)
Read the 124-page research report with TOC on "Tethered Drones Market Analysis Report by End-users (Defense, Telecommunication, and Others), Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 2023"
https://www.technavio.com/report/global-tethered-drones-market-industry-analysis
The market is driven by the expanding application scope of drones. In addition, the use of artificial intelligence in autonomous UAVs is anticipated to further boost the growth of the tethered drones market.
Tethered drones are used for 24/7 area surveillance and monitoring. They are used in military operations and numerous commercial applications such as public service missions. They are also used in wildlife survey and documentation and aerial photography. Drones are considered as an ideal solution for these applications because they possess a virtually unlimited endurance. These drones eliminate the need for power related restrictions as they rely on charging stations. They also endure long duration deployment, especially in emergencies. Thus, the expanding application scope of drones is expected to drive market growth during the forecast period.
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Major Five Tethered Drones Market Companies:
Aria Insights, Inc.
Aria Insights, Inc. is headquartered in the US. The company manufactures PARC, which is a portable, wind, precipitation, and airborne debris resistant drone. This drone machine is capable of flying in adverse weather conditions and high winds.
DRAGONFLY PICTURES, INC.
DRAGONFLY PICTURES, INC. is headquartered in the US and offers services through the engineering services segment. The company provides DP-16 Seagull, which is autonomous and capable of maintaining steady airspeed.
Drone Aviation Holding Corp.
Drone Aviation Holding Corp. is headquartered in the US and offers WATT 200. WATT 200 is specifically designed to perform as an easily usable drone system by commercial operators.
ELISTAIR SAS
ELISTAIR SAS is headquartered in France. The company offers ORION, a tethered drone designed to deliver 24 hours surveillance. It is suitable for law enforcement, private security, public safety missions, and military uses.
Hoverfly Technology Inc
Hoverfly Technology Inc is headquartered in the US and offers products such as LiveSky, LIVESKY SENTRY, and BigSky. BigSky is a tether-powered folding-frame quadcopter that can carry multiple payloads weighing up to 8.8 pounds.
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Tethered Drones End-users Outlook (Revenue, USD Million, 2019 2023)
- Defense
- Telecommunication
- Others
Tethered Drones Regional Outlook (Revenue, USD Million, 2019 2023)
- APAC
- Europe
- MEA
- North America
- South America
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