Uncategorized Drone Sensor Market size worth $ 60.67 Billion, Globally, by 2028 at 23.97% CAGR: Verified Market Research® – PR Newswire UK
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18 Jan, 2022, 15:15 GMT
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The increase in adoption of drones across different industry verticals such as agriculture, landscaping, military & defense across the globe, rise in the need for collecting high-quality and real-time data are the main factors driving the market.
JERSEY CITY, N.J., Jan. 18, 2022 /PRNewswire/ — Verified Market Research recently published a report, "Drone Sensor Market" By Sensor Type (Inertial Sensors, Image Sensors, Speed and Distance Sensors), By Platform Type (VTOL, Fixed Wing, and Hybrid), By Application (Navigation, Data Acquisition, Power Monitoring), By End-User (Energy & Utilities, Defense, Media & Entertainment), and By Geography. According to Verified Market Research, the Global Drone Sensor Market size was valued at USD 10.88 Billion in 2020 and is projected to reach USD 60.67 Billion by 2028, growing at a CAGR of 23.97% from 2021 to 2028.
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Browse in-depth TOC on "Drone Sensor Market"
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Global Drone Sensor Market Overview
The demand for drone services around the world is rising because of the vital benefits of drones across different industry verticals. The application of drone services in the agricultural sector can help the farmers in optimizing the use of the seed, fertilizers, water, and the rest of the others, to remove weeds, pests, fungi by taking the right action, to save time crop scouting, to improve variable-rate prescriptions in real-time and estimate yield from a field. Drones are employed in a wide range of industries, including construction, media and entertainment, precision agriculture, security and surveillance, law enforcement, transportation, traffic and weather monitoring, weddings, and even delivery of services. A drone is an aerial robot or aircraft that may be fully automated or flies autonomously using software, onboard sensors, and a global positioning system.
Unmanned Aerial Vehicles or Unmanned Aircraft Systems are other names for drones. Unnamed aerial vehicles were formerly only employed for military objectives including air defense target training, the information collection. The Global Drone Sensor Market is predicted to grow in response to the rising demand for drones in civil and commercial applications. The factors that decrease the Drone Sensor Market are drone sensors are sensitive to environmental conditions due to improper weather and climate which are responsible for the inactivity of drone sensors in some parts of the world. And the sensor part of the drone is high in cost due to its complex circuit style. According to The Senate Judiciary Committee (uscourts.gov), Drones can be used for a variety of purposes in the United States.
Drones could be used to fight forest fires, conduct search, and rescue operations, examine emergencies situations, and monitor storms and other meteorological phenomena with little to no harm to individual privacy. A hobbyist photographer in Dallas used a drone to detect an instance of egregious environmental violation at a local industry. Drones were recently utilized in Alabama to assist in the surveillance of a hostage scenario involving a little boy who had been kidnapped off his school bus. Today’s technology is significantly more advanced than most people realize. Drone cameras are among the highest-definition cameras on the market.
The major players in the market are Bosch Sensortec, TE Connectivity, Sparton Navex, TDK Invensense, Raytheon, KVH Industries, Lord Microstrain, Flir Systems, Trimble, and AMS AG.
Verified Market Research has segmented the Global Drone Sensor Market On the basis of Sensor Type, Platform Type, Application, End-User, and Geography.
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