The tethered drones market is growing pervasively mainly due to the increasing application areas of tethered drones over the past few years. In the year 2017, the tethered drones market had valued merely at USD 74 MN only. The market is further expected to reach USD 554 MN by 2023, registering a massive 40% CAGR during the forecast period (2018-2023).

Request for Free Sample Pages:

https://www.marketresearchfuture.com/sample_request/6743

Uses of drones have increased dramatically over the past few years. Up until recently, drones were mostly used in the defense sector. The game has changed now with leisure drones already selling in the millions. The development of small and cost-effective drones has led to a variety of uses that businesses and public institutions are starting to leverage to reduce risk, optimize processes and drive new forms of customer and societal value.

In addition, these tethered drones are also used extensively in the sector of wildlife research where these drones capture the coverage of days together without any external support. 

Other notable applications of tethered drones include inspecting industrial infrastructure such as flare stacks of an oil refinery, which can limit costly shutdowns and help companies to avoid placing workers in hazardous jobs such as patrolling of pipelines, electricity power-lines and railways to detect abnormal physical activity like encroachment or intrusion.

Segmentations:

For the scope of research, the report offers a comprehensive analysis of the global tethered drones market.

Type

Military Drones
Commercial Drones
Component

Sensor
Controller system
Camera
Battery
Others
Application

Inspection & Monitoring
Law Enforcement
Surveying
Mapping
Others
Region

Americas
Europe
Asia Pacific
Middle East & Africa
Rest of Middle East & Africa
Key Players:

Some of the market leaders profiled in the report are CyPhy Works (US), Drone Aviation (US), Hoverfly Technologies (US), Elistair (France), Sky Technologies (US), UAVTEK (UK), Azur Drones (France), Yuneec (China), Novadem (France), and ECA Group (France) among others.

Regional Analysis:

The Americas accounts for the leading market due to the huge technological advancements led by the substantial investments made in the R&D sector. The rapid uptake of new technologies is a major driving force driving the market. The presence of well-established market players is fuelling the market growth.

The market in the European region stands at the second position in terms of the market size owing to the huge demand from the defense sector for surveillance.  Also, the resurgent economy in the region is playing a vital role in market growth by increasing the consumers’ purchasing power.

Access Full Summary of Report:

https://www.marketresearchfuture.com/reports/tethered-drones-market-6743

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

+1 646 845 9312
Email: [email protected]