Electric drone Market Size, Share, Trends, Growth Outlook

The Global Electric Drone Market Size is estimated to register 10.5% growth over the forecast period from 2024 to 2030.

 

The market growth is driven by an increasing emphasis on environmental sustainability and the need to reduce carbon footprints drive interest in electric drones. Electric propulsion systems contribute to lower emissions compared to traditional fuel-powered drones, making them more environmentally friendly. Leading Companies focusing on Healthcare Logistics and Emergency Response, Autonomous Swarming Technology, Integration with AI and Edge Computing, and others to boost market shares in the industry.

 

Electric Drone Market Overview

The electric drone market has experienced substantial growth driven by technological advancements, expanding commercial and industrial applications, and evolving regulatory frameworks. Key drivers include continuous improvements in battery technology, enabling longer flight times, and the increasing adoption of electric drones across sectors such as agriculture, infrastructure inspection, and public safety. Regulatory developments, especially regarding beyond-visual-line-of-sight (BVLOS) operations, play a pivotal role in shaping the market. Challenges include regulatory complexities and concerns about privacy and security. Emerging trends involve the exploration of Urban Air Mobility (UAM) for short-distance transportation, a focus on sustainability, and the integration of electric drones with advanced technologies like artificial intelligence and 5G connectivity. The market's dynamism requires ongoing adaptation to address challenges and capitalize on emerging opportunities.

 

Electric Drone Market Dynamics

Market Trends- Technological advancements are fueling the rapid growth of the electric drone market.

Technological advancements play a pivotal role in driving the rapid expansion of the electric drone market. Continuous advancements in battery technology are extending the flight capabilities of electric drones, resulting in longer operational durations and improved efficiency. These advancements, combined with ongoing enhancements in materials and design, contribute to elevated performance and the broadening of applications. Additionally, the integration of cutting-edge sensors, artificial intelligence, and machine learning is metamorphosing electric drones into sophisticated, intelligent devices with the ability for autonomous navigation, precise data collection, and adaptive decision-making. These technological strides not only enhance the functionalities of electric drones across sectors like agriculture, surveillance, and infrastructure inspection but also foster the overall growth of the market by unlocking novel possibilities and applications. With the relentless pace of technological innovation, the electric drone market is poised for further evolution and diversification.

 

Market Driver- The demand for electric drones hinges on the development of a clear and effective regulatory environment that balances safety concerns with the potential economic and social benefits of these technologies.

The demand for electric drones is closely linked to the creation of a clear and effective regulatory framework that harmonizes safety considerations with the substantial economic and social advantages associated with drone technologies. As various industries increasingly utilize electric drones for tasks ranging from agriculture and infrastructure inspections to emergency responses and healthcare logistics, the need for a robust regulatory environment becomes paramount. Well-defined regulations enable the responsible and secure integration of electric drones into airspace, opening the door to advancements such as beyond-visual-line-of-sight (BVLOS) operations and autonomous flights. Achieving this equilibrium not only ensures the safeguarding of public safety and privacy but also fosters innovation and economic development. The ongoing efforts of governments and regulatory bodies to refine and adapt drone regulations will play a crucial role in shaping the trajectory of the electric drone market, influencing its potential to revolutionize industries and contribute to societal advancements.

 

Market Opportunity- The electric drone market is booming, driven by growth in both commercial and industrial applications.

The remarkable expansion of the electric drone market is driven by its increasing applications in various commercial and industrial sectors. Within the commercial domain, drones are being utilized more frequently for tasks such as aerial photography, surveying, and media coverage. Industries like agriculture are reaping the benefits of drone technology for precision farming, facilitating efficient crop monitoring and management. In construction and infrastructure, drones are playing a pivotal role in inspections and surveying, providing solutions that are both cost-effective and time-efficient. The emergence of delivery services utilizing drones is causing a paradigm shift in the logistics landscape. In the industrial sector, drones are actively used for monitoring critical infrastructure, conducting inspections in hazardous environments, and enhancing safety protocols. This surge in diverse applications underscores the versatility and effectiveness of electric drones, positioning them as indispensable tools across a range of industries.

 

Market Share Analysis- Commercial Electric drone Market will register the fastest growth

The Global Electric Drone Market is analyzed across Commercial, Civil, Military, and others. The commercial is poised to register the fastest growth. The commercial electric drone market is rapidly growing, marked by the widespread adoption of electric drones across industries for tasks such as aerial photography, surveying, mapping, and surveillance. Industries like agriculture benefit from precision farming applications, while construction and infrastructure sectors use drones for inspections and site monitoring. The market is witnessing a transformative impact on logistics with the emergence of commercial drone delivery services. As technology advances, the commercial electric drone sector is expected to continue expanding, offering cost-effective and efficient solutions for diverse commercial applications.

 

Market Share Analysis- Border Surveillance held a significant market share in 2024

The Global Electric Drone Market is analyzed across various Surveillance Missions including Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, and others. Of these, Border Surveillance held a significant market share in 2024. Electric drones are playing a pivotal role in border surveillance, providing a cost-effective and efficient solution for monitoring expansive border areas. Equipped with advanced imaging systems and sensors, these drones offer real-time data, helping authorities detect and track potential threats and monitor illegal activities. The electric propulsion systems enable extended flight times, enhancing the effectiveness of border surveillance missions. With their versatility and ability to cover challenging terrains, electric drones contribute significantly to ensuring national security. As technology advances, the integration of artificial intelligence and autonomous capabilities further strengthens the role of electric drones in safeguarding borders.

 

Electric Drone Market Segmentation

By Application

• Commercial
• Civil
• Military

 

By Surveillance Mission

• Border Surveillance
• Natural Disasters
• Illegal Traffic Monitoring
• Others

 

By Based on the Payload

• Camera
• Electronic Intelligence
• Electronic Warfare
• Infrared Sensors

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Electric Drone Market Companies

• Aglunction (United States)
• Parrot Drones SAS (France)
• sense Fly SA (United States)
• Trimble Inc (United States)
• AgEagle Aerial Systems Inc (United States)
• Festo (Germany)
• Gamaya (Switzerland)
• Headwall Photonics Inc (United States)
• LeddarTech Inc (Canada)
• Agribotix (United States)

 

*List not exhaustive

 

Electric Drone Market Outlook 2024

1 Market Overview

1.1 Introduction to the Electric Drone Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Electric Drone Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Electric Drone Market Companies with Area Served

4.2.2 Products Offerings Global Electric Drone Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Electric Drone Market Trends

6.1 Global Electric Drone Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Electric Drone Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Electric Drone Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Electric Drone Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Electric Drone Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Electric Drone Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Electric Drone Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Electric Drone Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Electric Drone Development Regional Status and Outlook

8.1 Global Electric Drone Revenue (USD Million) By Regions (2018-2022)

8.2 North America Electric Drone Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Electric Drone Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Electric Drone Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Electric Drone Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Electric Drone Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Electric Drone Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Electric Drone Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Electric Drone Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Electric Drone Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Electric Drone Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Electric Drone Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Electric Drone Revenue (USD Million) by Applications (2018-2022)

8.5 South America Electric Drone Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Electric Drone Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Electric Drone Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Electric Drone Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Electric Drone Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Electric Drone Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Electric Drone Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Electric Drone Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Electric Drone Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Electric Drone Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Electric Drone Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Electric Drone Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Electric Drone Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Electric Drone Development Regional Status and Outlook Forecast

11.1 Global Electric Drone Revenue (USD Million) By Regions (2024-2030)

11.2 North America Electric Drone Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Electric Drone Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Electric Drone Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Electric Drone Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Electric Drone Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Electric Drone Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Electric Drone Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Electric Drone Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Electric Drone Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Electric Drone Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Electric Drone Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Electric Drone Revenue (USD Million), by Applications (2024-2030)

11.5 South America Electric Drone Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Electric Drone Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Electric Drone Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Electric Drone Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Electric Drone Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Electric Drone Revenue (USD Million), by Region (2024-2030)

11.6.2 Middle East and Africa Electric Drone Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Electric Drone Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Electric Drone Market Companies with Areas Served

Table 3 Products Offerings Global Electric Drone Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Electric Drone Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Electric Drone Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Electric Drone Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 11 Global Electric Drone Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Electric Drone Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Electric Drone Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Electric Drone Market Share (%) By Regions (2018-2022)

Table 16 North America Electric Drone Revenue (USD Million) By Country (2018-2022)

Table 17 North America Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 18 North America Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Electric Drone Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Electric Drone Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Electric Drone Revenue (USD Million) By Country (2018-2022)

Table 26 South America Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 27 South America Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Electric Drone Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Electric Drone Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 33 Global Electric Drone Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Electric Drone Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Electric Drone Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Electric Drone Revenue (USD)By Country (2024-2030)

Table 38 North America Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 39 North America Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Electric Drone Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Electric Drone Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Electric Drone Revenue (USD Million) By Country (2024-2030)

Table 47 South America Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 48 South America Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Electric Drone Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Electric Drone Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Electric Drone Revenue Market Share (%) By Type (2022)

Figure 5 Global Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Electric Drone Revenue Market Share (%) By Applications (2022)

Figure 7 Global Electric Drone Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Electric Drone Market Share (%) By Regions (2022)

Figure 9 North America Electric Drone Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Electric Drone Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Electric Drone Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Electric Drone Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Electric Drone Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Electric Drone Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Electric Drone Revenue Market Share (%) By Type (2030)

Figure 26 Global Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Electric Drone Revenue Market Share (%) By Applications (2030)

Figure 28 Global Electric Drone Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Electric Drone Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Electric Drone Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Electric Drone Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Electric Drone Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Electric Drone Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Electric Drone Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Electric Drone Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Electric Drone Market Segmentation

By Application

• Commercial
• Civil
• Military

 

By Surveillance Mission

• Border Surveillance
• Natural Disasters
• Illegal Traffic Monitoring
• Others

 

By Based on the Payload

• Camera
• Electronic Intelligence
• Electronic Warfare
• Infrared Sensors

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)