Surging need for high resolution imaging, increasing demand for precise navigation, rapid advancements in technology and increasing investments on drones predominantly from commercial sector are the key factors driving the growth of global drone sensor market. The total addressable market for global drone sensor market is projected to reach USD 2010million by 2027, at a CAGR of 18.8% over the forecast period (2021 to 2027) according to QuantAlign Research.

Drone sensor market has experienced rapid growth in the recent years owing to mergers & acquisitions expediting technological advancements of drones in the defense, and commercial sector. Drone production was restricted to defense sector in its nascent stage, however, with increased investment on R&D, and a dynamic environment created by key players of the market, commercial sector has witnessed an increased market share over the past few years. Further, Recent need for the use of Unmanned Aircraft Systems (“UAS” / “Drones”) for COVID-19 related relief operations has resulted in increasing adoption for civil operations of Drone. This has led to production and development of sensors for data collection, service and recreational drones.

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Global Drone Sensor Market Perspective, Demand Outlook, Trend Analysis, Intelligence & Industry Estimates To 2027 –  “https://quantalignresearch.com/global-drone-sensor-market-report “

Regional coverage: 

• Based on sensor type, the image sensor dominated the global market, and is projected to retain its dominance during 2021-2027. The segment growth is attributed to the rising government initiatives for promoting precision agriculture and crop monitoring analysis, as well as growing demand for thermal sensors particularly from defense sectors

• On the basis of end-use, the transportation sector is likely to emerge as the fastest growing segment over the forecast period. Increasing demand for parcel delivery in a short span of time is estimated to create a great demand for the drone sensor in the industry over the forecast period
• Regionally, the North America drone sensor market is accounted to hold the major market share of xx% in 2020, and is likely to maintain its dominance over the forecast period. The regional growth is attributed to the growing application of drones in security & surveillance, military & defense, and media & entertainment sector

Segment Overview   

On the basis of region, the drone sensor market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, Central & South America. Asia-Pacific drone sensor market is likely to register the highest CAGR over the forecast period, and anticipated to exhibit a robust growth over the forecast period. The Asia-Pacific drone sensor market is estimated to reach USD xx million by 2027, while augmenting at a healthy CGAR of xx% over the forecast period. The drone sensors market in the region is led by China. China is one of the leading manufacturers of sensors and is also a leading manufacturer for drones, which use sensors. China is home to the world’s biggest drone manufacturer, DJI, which holds approx. xx% of the global drone market share.

Key players operating in the market include:Trimble Inc., Bosch Sensortec GmbH, TDK, SpartonNavEx, Raytheon, LORD Corporation, Systron Donner Inertia, Velodyne LiDAR, ams AG, LeddarTech Inc, Infineon Technologies AG, PrecisionHawk, Sentera, Inc.are among others.