Connect with us

Technology

Drone Flight Management System Market size is set to grow by USD 14.35 billion from 2024-2028, Increase in legal acceptance of drone operations for commercial applications boost the market, Technavio

Published

on

NEW YORK, Aug. 6, 2024 /PRNewswire/ — The global drone flight management system market size is estimated to grow by USD 14.35 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 28.77% during the forecast period. Increase in legal acceptance of drone operations for commercial applications is driving market growth, with a trend towards development of lithium-metal batteries. However, lower battery life and low capacity of drones poses a challenge. Key market players include AeroVironment Inc., Autel Robotics Co. Ltd., Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd., Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Drone Flight Management System Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 28.77%

Market growth 2024-2028

USD 14359.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

21.93

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 28%

Key countries

China, US, Germany, France, and UK

Key companies profiled

AeroVironment Inc., Autel Robotics Co. Ltd., Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd., Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd.

 

Market Driver

The drone industry is witnessing significant growth due to increasing applications in various sectors such as e-commerce, logistics, and construction. However, the use of lithium-ion and lithium polymer (LiPo) batteries, which are commonly used for powering drones, poses challenges in terms of limited flight times and safety concerns. These batteries have a low energy capacity and typically last only 30 minutes during drone operation. Additionally, they utilize flammable organic solvents, increasing the risk of fire and explosion due to short circuits, overcharging, and high temperatures. To address these challenges, innovative alternatives like lithium-metal batteries are gaining attention. Lithium-metal batteries offer several advantages, including a non-flammable electrolyte that eliminates the risk of fire and explosion. Furthermore, they have a higher energy density, enabling longer drone flight times, and are more compact in size, making them suitable for drone applications. Startups like Cuberg, Inc., based in the US, and SolidEnergy Systems are leading the way in manufacturing and developing lithium-metal batteries for commercial applications. Cuberg claims that lithium-metal batteries can enhance drone flight time by up to 70% compared to lithium-ion batteries. SolidEnergy Systems has developed a lithium-metal battery with an energy density twice that of lithium-ion batteries. The adoption of drones by various industries is expected to drive the expansion of the global drone flight management system market during the forecast period. Companies investing in advanced battery technology will gain a competitive edge in the market. 

The Drone Flight Management System market is experiencing significant growth, with tech firms like Berkshire developing advanced solutions. Flight control algorithms, GPS, and waypoint navigation are key features driving demand. Applications in search and rescue and disaster management are on the rise. Battery management systems ensure optimal performance and safety. Flight management systems enable pilots to manage aircraft systems, navigation, and surveillance. SAP is integrating these systems into glass cockpits for crewmembers. Programmers are focusing on cybersecurity, addressing concerns over potential cyber attacks through secure data storage and control display units. Flight management computers and multi-function displays are being integrated as line fit or retrofit options for various aircraft types, from narrow-body to wide-body aircraft. Sensors and sensors fusion are also integral components. However, open wifi and data storage remain challenges to be addressed. 

Discover 360° analysis of this market. For complete information, schedule your consultation – Book Here!

Market Challenges

Drone batteries, primarily lithium-ion and lithium polymer (LiPo), power most drones globally, but their limited capacity restricts flight distance to approximately 10 kilometers. Manufacturers are addressing this challenge by improving battery size and capacity, which increases drone weight. Alternative energy sources like solar power and hydrogen fuel cells are being explored to extend flight time, but cost-effective and compact implementation remains elusive. Commercial drones have limited load-carrying capacity, hindering their adoption for large parcel delivery by logistics companies. Enhancing battery life, reducing costs, and increasing payload capacity are the major hurdles for drone manufacturers, potentially limiting the market growth for drone flight management systems.The Drone Flight Management System market faces several challenges in various industries such as navigation for accurate positioning and obstacle avoidance, surveillance for security and monitoring applications, and glass cockpits for improved visibility. Programmers and sensors ensure smooth operation, but cybersecurity threats and open wifi vulnerabilities pose risks. Data storage and control display units are essential for efficient data management. Flight management computers and multi-function displays facilitate easier operation. Line fit and retrofit solutions cater to different aircraft types, including narrow-body and wide-body commercial jets, agriculture, construction, energy, public safety, and military aviation. Companies like Collins Aerospace lead the market, while drone types range from fixed-wing to rotary wing, with short, mid-range, and long-range capabilities and electric propulsion systems. New entrants like Supernal and the Gremlins demonstration system add to the market’s diversity.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This drone flight management system market report extensively covers market segmentation by

Component 1.1 Ground controller1.2 Data link1.3 Onboard controllerGeography 2.1 APAC2.2 North America2.3 Europe2.4 Middle East and Africa2.5 South America

1.1 Ground controller- The Drone Flight Management System market is driven by the advancements in ground control systems. A ground controller is a crucial component for operating and commanding drones, featuring a joystick and a display for footage visualization. Ground controllers use radio frequency signals to receive inputs from operators and convert them into commands for the drone. Continuous research and development in the drone industry have led to software-based control systems, enabling drone operation via smartphones or laptops. The rising trend of drone autonomy, smartphone applications, and advanced sensors are transforming UAV control. Interoperable components are also being developed to enhance the functionality of ground controllers. However, for inexperienced pilots, ground controllers can be overwhelming, leading to market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Drone Data Link System market is expanding as advancements in communication technologies enhance real-time data transmission for various applications. The Tethered Drones Market is also growing, driven by their ability to provide extended flight times and reliable connectivity for surveillance and monitoring. Meanwhile, the global EVTOL aircraft market is experiencing significant growth due to innovations in electric vertical takeoff and landing technology, promising revolutionized urban air mobility solutions. These markets reflect increasing investment and technological progress in the drone and aviation sectors.

Research Analysis

The Drone Flight Management System (DFMS) market is experiencing significant growth due to the increasing adoption of drones in various industries such as Agriculture, Construction, Energy, Public safety, Commercial aviation, and Military aviation. DFMS enables drones to fly autonomously, following pre-programmed flight paths and navigating using GPS and waypoint navigation. This technology is crucial for applications like search and rescue, disaster management, and surveillance. DFMS integrates with battery management systems to optimize power usage and ensures safe and efficient drone operations. Tech firms are developing advanced flight control algorithms to enhance the capabilities of fixed-wing drones, making them more akin to airplanes. Crewmembers and pilots benefit from DFMS as it reduces their workload, allowing them to focus on mission-critical tasks. SAP and other aircraft system manufacturers are integrating DFMS into their offerings, making it an essential component of modern aircraft technology.

Market Research Overview

The Drone Flight Management System (DFMS) market is experiencing significant growth due to the increasing demand for drone technology in various industries such as Agriculture, Construction, Energy, Public safety, Commercial aviation, and Military aviation. DFMS enables drones to fly autonomously and efficiently by integrating various technologies like Flight control algorithms, GPS, Waypoint navigation, and Search and rescue systems. The market caters to different drone types, including Fixed-wing drones and Rotary wing drones, with varying ranges such as Short range, Mid-range, and Long range. Electric propulsion systems are commonly used in drones for power. Tech firms are developing advanced DFMS features like Supernal’s autonomous flight system, Gremlins demonstration system, and Berkshire’s advanced battery management system. DFMS integrates with Aircraft systems, including Airplanes, Crewmembers, Pilots, and Glass cockpits, and offers Line fit and Retrofit options for various Aircraft types, including Narrow-body and Wide-body. However, concerns around Cyber attack vulnerabilities, Open wifi risks, Data storage, and Control display units remain challenges for the market. SAP, Navigation, Surveillance, and various sensors are also essential components of DFMS. Programmers continuously develop Flight management computers, Multi-function displays, and Flight management systems to enhance drone capabilities.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentGround ControllerData LinkOnboard ControllerGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/drone-flight-management-system-market-size-is-set-to-grow-by-usd-14-35-billion-from-2024-2028–increase-in-legal-acceptance-of-drone-operations-for-commercial-applications-boost-the-market-technavio-302214551.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Yon Raz-Fridman Joins Intrinsic Labs as Co-Founder and Partner

Published

on

By

Most AI companies are selling software. Intrinsic is deploying AI workers into the core operations of mid-market companies – and just brought in a serial tech entrepreneur to help the firm scale across the Heartland.

COLUMBUS, Ohio, April 30, 2026 /PRNewswire/ — Intrinsic Labs today announced that Yon Raz-Fridman has joined the firm as a Co-Founder and Partner.

Raz-Fridman has spent nearly two decades building across software, hardware, and platform businesses. Early in his career, he served as Chief of Staff to the President of Keter Group, a $1 billion-plus global consumer products manufacturer. He went on to co-found Kano, the award-winning educational computing company, and later founded Supersocial, the immersive gaming studio acquired by Super League Enterprises in 2025. He is a member of the World Economic Forum’s Technology Convergence Council.

He joins Intrinsic at a moment when mid-market companies are moving from AI experimentation to deployment. Intrinsic works with operators in logistics, construction, insurance, manufacturing, and industrial markets to deploy AI workers into the workflows that run the business – increasing throughput, reducing manual work, and expanding capacity without adding headcount.

The firm has built its reputation on practical deployments tied to real operating metrics. In one engagement with a national real estate brokerage, Intrinsic’s AI Accounting Agents reached 97% invoice coding accuracy, automated 90% of the AP workflow, and fully removed FTEs from the review flow.

“Yon understands what it takes to build and scale in the real world,” said Jon Slemp, Managing Partner at Intrinsic Labs. “Our clients aren’t buying flashy agents, they’re buying outcomes and reliable labor. They need agentic systems that take work off their teams, perform reliably, and produce measurable gains in throughput and capacity. That’s what we build.”

As Co-Founder, Raz-Fridman will oversee Intrinsic’s expansion – designing the channel relationships, institutional partnerships, and market positioning that take the firm from a proven Ohio model to the defining AI workforce platform for America’s industrial middle market.

“The companies that win over the next decade will be the ones that figure out how to staff AI into their operations and manage it like a workforce. Intrinsic is doing that work now, inside real businesses, tied to real outputs. The Heartland is exactly the right place to prove this model, and Intrinsic is exactly the right team to do it.” — Yon Raz-Fridman

About Intrinsic Labs LLC
Intrinsic Labs helps mid-market companies deploy AI workers into the workflows that run their business. The firm focuses on logistics, construction, insurance, manufacturing, and industrial markets, where manual work, fragmented systems, and labor constraints create clear opportunities for leverage. Intrinsic works with clients to put AI workers into production, tie them to operating KPIs, and help teams scale output without scaling headcount. https://www.intrinsic-labs.ai/  

About Team Yon LLC
Team Yon LLC is a management company founded by Yon Raz-Fridman that incubates new ventures, provides executive leadership, and makes strategic investments at the intersection of emerging technology and human advancement. Through Team Yon LLC, Raz-Fridman partners with founders and operators across healthcare, AI, and frontier technology – including his role as co-founder and Partner at Intrinsic Labs. https://teamyon.org

Media Contact:hello@intrinsic-labs.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/yon-raz-fridman-joins-intrinsic-labs-as-co-founder-and-partner-302756994.html

SOURCE Team Yon LLC

Continue Reading

Technology

Wipfli to complete CompliancePoint transaction and add associates, expanding capabilities

Published

on

By

MILWAUKEE, April 30, 2026 /PRNewswire/ — Wipfli, a top 25 national advisory and accounting firm, announced today it has entered into an agreement with CompliancePoint Inc., a provider of risk management services focused on information security, data privacy and regulatory compliance. 2 partners and 52 associates will join the firm as a result of the transaction.

Based in Duluth, Georgia, CompliancePoint brings specialization across cybersecurity, privacy and compliance, serving clients across a wide variety of industries. The addition strengthens Wipfli’s risk management offerings and expands its ability to help organizations navigate regulatory scrutiny, evolving cybersecurity threats and complex data protection requirements.

“Organizations today are under more pressure than ever to protect sensitive information and operate responsibly in an evolving regulatory environment,” said Kurt Gresens, CEO at Wipfli Advisory, LLC. “The team at CompliancePoint brings specialized experience and a strong, people-first approach that enhances how we support clients navigating today’s risk landscape.”

CompliancePoint has built its reputation on helping organizations manage risk across the full data lifecycle, with a holistic approach that recognizes how privacy, security and compliance intersect. The combined professional teams from CompliancePoint and Wipfli will deliver expanded, integrated advisory solutions designed to help clients proactively manage risk while supporting long-term growth and operational resilience.

“Wipfli shares our commitment to practical, client-focused solutions and long-term relationships,” said Greg Sparrow, CompliancePoint president. “Together, we’re expanding the resources available to our clients while continuing to deliver the specialized experience and trusted relationships they rely on.”

The addition of the CompliancePoint team also supports Wipfli’s continued investment in talent and innovation. CompliancePoint associates will join a national firm that emphasizes collaboration, professional development and meaningful client impact, while maintaining the specialized focus that has defined their work.

The transaction is expected to become effective on May 1st, 2026

About Wipfli

Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.

Media Contact

Alicia O’Connell
Wipfli
alicia.oconnell@wipfli.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wipfli-to-complete-compliancepoint-transaction-and-add-associates-expanding-capabilities-302756208.html

SOURCE Wipfli

Continue Reading

Technology

Ginkgo Bioworks Announces Date of First Quarter 2026 Results Presentation

Published

on

By

Presentation and Q&A session scheduled for post-market on Thursday, May 7, 2026

BOSTON, April 30, 2026 /PRNewswire/ — Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, “Ginkgo”) today announced that it plans to host a presentation and Q&A session reviewing business performance for the first quarter ended March 31, 2026, on Thursday, May 7, 2026, beginning at 4:30 p.m. ET.

The presentation details and webcast link will be available on Ginkgo’s investor relations website at https://investors.ginkgobioworks.com, and a replay will be made available.

To ask a question ahead of the presentation, please submit them to @Ginkgo on X (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.

About Ginkgo Bioworks
Ginkgo Bioworks builds the tools that make biology easier to engineer for everyone. The company offers autonomous laboratories that replace manual laboratory work with robotics in the lab, greatly improving the productivity of scientists. Ginkgo’s in-house autonomous lab is also available as a “cloud lab” through our Datapoints and Solutions contract research services. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks), or LinkedIn.

Ginkgo Bioworks Contacts:

INVESTOR CONTACT:

investors@ginkgobioworks.com 

MEDIA CONTACT:

press@ginkgobioworks.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ginkgo-bioworks-announces-date-of-first-quarter-2026-results-presentation-302757632.html

SOURCE Ginkgo Bioworks

Continue Reading

Trending