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Tethered Drones Market size is set to grow by USD 24.9 million from 2024-2028, Growing demand for drones in telecommunications to boost the market growth, Technavio

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NEW YORK, July 1, 2024 /PRNewswire/ — The global tethered drones market size is estimated to grow by USD 24.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.18% during the forecast period. Growing demand for drones in telecommunications is driving market growth, with a trend towards emergence of miniaturized eo/ir systems. However, inadequately trained drone pilots poses a challenge. Key market players include AeroVironment Inc., COMSovereign Holding Corp., Dragonfly Pictures Inc., Elistair Sas, Exail Technologies, Flyfocus sp. Z o.o, Hoverfly Technology Inc., Menet Aero LLC., Mistral Solutions Pvt. Ltd., Novadem, Perspective Robotics AG, Sky Drones Technologies Ltd., Sky Sapience Ltd., Skyshot Pte Ltd, Spooky Action Inc., Teledyne Technologies Inc., UAVTEK Ltd., Volarious, Yuneec International Co. Ltd., and Zenith Aerotech.

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Defense, Telecommunication, and Inspection and others), Type (Multi-copter and Quadcopter), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

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

Key companies profiled

AeroVironment Inc., COMSovereign Holding Corp., Dragonfly Pictures Inc., Elistair Sas, Exail Technologies, Flyfocus sp. Z o.o, Hoverfly Technology Inc., Menet Aero LLC., Mistral Solutions Pvt. Ltd., Novadem, Perspective Robotics AG, Sky Drones Technologies Ltd., Sky Sapience Ltd., Skyshot Pte Ltd, Spooky Action Inc., Teledyne Technologies Inc., UAVTEK Ltd., Volarious, Yuneec International Co. Ltd., and Zenith Aerotech

Key Market Trends Fueling Growth

Tethered drones are gaining popularity in various industries due to their ability to carry advanced payload systems, thanks to the development of miniaturized EO/IR payloads and COTS technologies. These enhancements have led to the procurement of small UAVs by defense and commercial operators, offering tactical advantages on the battlefield. Infrared sensor technology is also advancing, with a focus on improving resolution and reducing size for unmanned vehicles. The integration of more advanced computing systems further expands the capabilities of tethered drones, driving market growth during the forecast period. 

The Tethered Drones market is experiencing significant growth, driven by the increasing demand for real-time data collection and transmission. End-users in various industries such as security, inspection, and media are adopting tethered drones due to their extended flight time and improved stability. The use of advanced technologies like EVOLUTION and ANTENNA in tethered drones enhances their capabilities, enabling them to cover larger areas and provide clearer images. The integration of Artificial Intelligence and machine learning algorithms further enhances their functionality. The market is expected to continue its upward trend, with companies focusing on developing more efficient and cost-effective tethered drone solutions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The tethered drones market faces a significant challenge due to the shortage of trained pilots. Improper handling can lead to safety and privacy concerns, making rigorous training mandatory for drone operation. The training process is costly and time-consuming, deterring many potential candidates. Defense agencies have yet to establish clear career paths for drone operators, further limiting the talent pool. Despite the critical role tethered drones play in monitoring and cleaning, the shortage may hinder market growth during the forecast period.The Tethered Drones Market faces several challenges. One major challenge is the need for constant power supply, as tethered drones require a connection to a power source. Another challenge is the complexity of the technology, which requires specialized knowledge and expertise to operate effectively. Additionally, the cost of tethered drones can be high, making them less accessible to smaller businesses and organizations. Furthermore, the regulation of tethered drones is an ongoing issue, with various governments implementing different rules and restrictions. Lastly, the market is competitive, with numerous players vying for market share. Despite these challenges, the Tethered Drones Market continues to grow, driven by the demand for advanced aerial surveillance and data collection solutions.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This tethered drones market report extensively covers market segmentation by

End-user 1.1 Defense1.2 Telecommunication1.3 Inspection and othersType 2.1 Multi-copter2.2 QuadcopterGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Defense- Tethered drones have become essential tools in the defense sector due to their extended surveillance capabilities and easy deployment. Major drone operators, such as the US Army, have increased their adoption to optimize ISR missions. Companies like ours offer reliable tethered platforms, such as the WATT ETAP, with secure communications, uninterrupted power supply, and advanced sensors. Border patrol units also benefit from tethered drones, providing persistent surveillance and real-time information sharing. The global tethered drones market is expected to grow significantly due to increasing defense demands.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Tethered Drones Market encompasses the use of unmanned aerial vehicles (UAVs) that remain connected to a ground control station via a tether. These drones are integral to various industries, including carrier networks for radio planning and line-of-sight testing during antenna installation. In the realm of first responders and disaster recovery, tethered drones offer advantages in terms of data transmission, connection, and infrastructure inspection. Ad hoc networks enable seamless communication between these drones for applications such as crop monitoring in precision agriculture, surveillance, monitoring, data collection, and security. Reconnaissance missions, event monitoring, and cargo capacity are additional benefits. Tethered drones’ data transmission capabilities are further enhanced by artificial intelligence (AI) and machine learning algorithms. Infrared cameras expand their functionality for various applications, including surveillance and infrastructure inspection.

Market Research Overview

The Tethered Drones Market refers to the use of unmanned aerial vehicles (UAVs) that are connected to a ground control station via a tether. This technology offers several advantages, including extended flight time, improved payload capacity, and real-time data transmission. Tethered drones find extensive applications in various industries such as oil and gas, telecommunications, security, and surveying. The market is driven by factors like increasing demand for high-resolution imaging and mapping, growing need for real-time data collection, and technological advancements in tethered drone systems. Additionally, regulatory frameworks and safety concerns are significant factors influencing the market’s growth. Overall, the Tethered Drones Market is poised for significant growth due to its numerous benefits and applications across diverse sectors.

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

The global maritime surveillance market is witnessing significant growth driven by the rising need for enhanced maritime safety and security. Concurrently, the commercial aircraft cabin interiors market is booming, propelled by increasing air travel and demand for passenger comfort. In tandem, the aerospace insurance market is expanding, reflecting the escalating risks and complexities in aerospace operations. These trends underscore the dynamic nature of the aviation and maritime sectors, presenting substantial opportunities for market players to innovate and address evolving customer needs.

Table of Contents:

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

End-userDefenseTelecommunicationInspection And OthersTypeMulti-copterQuadcopterGeographyNorth AmericaEuropeAPACMiddle 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/

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SOURCE Technavio

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LYKSTAGE Launches Patented Video Platform That Pays Creators and Viewers — Now Live Across Five Countries

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MUMBAI, India, April 20, 2026 /PRNewswire/ — LYKSTAGE, a video-sharing platform owned by LYK Inc., a Delaware-based entity, and founded by New York-based entrepreneur Adris Chakraborty, is redefining how the creator economy works — with a patented monetization model no other platform can legally replicate.

Built by a technology team in India under Manhattan Tech Ventures, LYKSTAGE runs on a patented Watch-Time Monetization Model that fundamentally changes who earns from video content. Creators earn whenever their content’s watch time gets monetized — no subscriber minimums, no waiting periods, and no thresholds to cross before earning begins.

What makes the model unprecedented is that viewers earn too. Logged-in viewers are rewarded whenever their watch time gets monetized — when they watch content uninterrupted and the ad served during viewing is fully consumed. When that happens, the creator earns, the viewer is rewarded, and the platform earns. Every reward is funded by actual ad revenue — not venture capital subsidies. The model is entirely self-sustaining.

The platform serves both skippable and non-skippable ads, determined by an ad server algorithm that optimizes based on viewing patterns and content traction. For advertisers, impressions are served intelligently — matching the right ad format to the right moment, delivering higher completion rates and genuine attention.

LYKSTAGE is now live across five markets — India, the United States, the United Kingdom, Canada, and the UAE — and available on Samsung TV, LG TV, Roku, Apple TV, Android TV, Amazon Fire TV, desktop, mobile web, and native apps on both the App Store and Google Play Store.

Adris Chakraborty, a Kolkata-born Columbia Business School alumnus based in the US since 2003, co-founded Mediamorphosis Advertising & Technology Inc. in New York in 2006 with his spouse and business partner Poulami Mukherjee. The company expanded to the UK in 2012, followed by Manhattan Communications in India — building a multicultural advertising group spanning five countries with over 100 clients, providing LYKSTAGE with built-in advertiser relationships and market intelligence.

The platform has crossed over one million users across all markets, with more than 20,000 creators on board and growing across all five countries — achieved with minimal paid marketing.

LYKSTAGE is a transparent, patented system where the people who create the value are the ones who earn from it.

Sign up at:
Android – https://play.google.com/store/apps/details?id=com.lykstage.app
Apple – https://apps.apple.com/in/app/lykstage-video-streaming/id6754064834

Logo: https://mma.prnewswire.com/media/2960187/LYKSTAGE_Logo.jpg

 

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Towngas and Tencent forge strategic partnership to drive “Energy + Tech” smart digital transformation

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HONG KONG, April 20, 2026 /PRNewswire/ — The Hong Kong and China Gas Company Limited (Towngas) and Tencent have signed a strategic partnership agreement in Hong Kong. The two companies will collaborate extensively on unified cloud resource management, digital platform development, large artificial intelligence (AI) models and applications, customer engagement enhancement, and R&D tool synergy. Together, they aim to drive the smart digital transformation of the energy sector.

The partnership dates back to 2020, when Towngas Lifestyle, the extended business division of Towngas, first teamed up with Tencent Cloud. In 2021, Towngas Energy, the Group’s renewable energy arm, worked with Tencent Cloud to build a smart energy ecosystem, which currently supports over a hundred integrated energy projects for the business segment. In 2023, Towngas Lifestyle and Tencent Cloud entered into a comprehensive strategic partnership spanning cloud platforms, big data, AI, and customer engagement, delivering one-stop lifestyle solutions to 46 million household customers across Hong Kong and the Chinese mainland. This latest agreement marks a comprehensive, group-level strategic partnership between Towngas and Tencent. It is designed to pool their resources, achieve cross-divisional synergy, drive quality and efficiency gains, and accelerate AI innovation.

Over the past six years, this collaboration has yielded remarkable results. Powered by Tencent Cloud, Towngas Lifestyle has upgraded the digital foundation and driven application innovation for its Towngas Lifestyle Cloud (TLC) platform. Furthermore, leveraging Tencent Cloud’s TBDS (Tencent Big Data Suite), it built the Towngas Analytics Platform (TAP), which currently supports big data applications for over 70 affiliated city-gas companies as well as its Hong Kong operations.

In terms of AI applications, Towngas Lifestyle has capitalised on Tencent’s AI computing power and large model technology to launch innovative tools such as smart safety inspections and AI service agents, significantly boosting the efficiency of frontline staff at gas companies. To better serve its customers, the company has deeply integrated Tencent’s WeCom to improve customer outreach. On the R&D front, Towngas Lifestyle has widely adopted Tencent’s AI development tools to streamline workflows. Moreover, the partners have successfully replicated their mainland successes in Hong Kong, completing the cross-border deployment of the TAP platform and advancing the upgrade of the city’s business systems.

Mr Peter Wong Wai-yee, Managing Director of Towngas, said: “Tencent’s leading position in AI and digital technology is obvious to all. Since 2020, the two parties have established a strong partnership, expanding from Towngas Lifestyle’s extended business to cooperation on the smart energy platform for the renewable energy segment, and gradually extending from the mainland to Hong Kong. As an enterprise with a 164-year history, Towngas has grown to possess a customer base of over 120 million since entering the mainland gas utility business in 1994. Facing such a massive number of customers, data security is of paramount importance. How to build a secure and efficient system for management and service has become a critical issue for business development. We are confident in joining hands with Tencent to co-build a secure and efficient digital system, comprehensively elevate the customer service experience and operational efficiency, and jointly pioneer more possibilities for ‘Energy + Tech’.”

Mr Dowson Tong, Senior Executive Vice President of Tencent and CEO of Tencent Cloud and Smart Industries Group, stated that as a household brand in Hong Kong, Towngas’s “customer-centric” service philosophy aligns closely with Tencent’s corporate mission of “Value for Users, Tech for Good”. Over the past six years, Tencent has engaged in deep collaboration with multiple segments under Towngas, empowering businesses with technology to achieve precise operations. Tencent looks forward to taking this exchange as a new starting point, further consolidating the “Cloud + AI” technological foundation based on existing cooperation, and deeply integrating Tencent’s digital capabilities with Towngas’s rich application scenarios. Through technological innovation, the goal is to achieve better customer service delivery and enhance operational efficiency, exploring a new path to sustainable development for the smart upgrade of the energy industry while ensuring data security and user privacy.

Looking ahead, the two companies will continue to deepen their collaboration in migrating core businesses to the cloud, co-building digital platforms, deploying large models and AI applications, and enhancing customer engagement. This will not only deliver a superior experience for gas customers but also set a benchmark for the high-quality transformational development of the energy industry.

 

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SOURCE Tencent Cloud

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DMEGC Solar Achieves EcoVadis Gold Medal, Underscoring Its Commitment to ESG Excellence

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JINHUA, China, April 20, 2026 /PRNewswire/ — On April 15, DMEGC Solar, a global leader in magnetic materials and renewable energy solutions, achieved a milestone breakthrough in sustainable development. With outstanding performance in environmental protection, social responsibility, and other key areas, the company earned a Gold Medal from the internationally recognized rating agency EcoVadis, scoring 82 points. This places DMEGC Solar in the top 3% of all rated companies worldwide, surpassing 97% of participants.

EcoVadis is a globally leading sustainability assessment platform, having rated over 150,000 companies across more than 250 industries and 185 countries. Its evaluation framework covers 21 indicators across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The platform aims to assess the sustainability performance and social responsibility of companies within global supply chains.

DMEGC Solar participated in the assessment at the group level rather than as a single factory, demonstrating outstanding strength across all four dimensions. In the Labor & Human Rights dimension, the company has established a comprehensive employee rights protection system, strictly implemented occupational health and safety standards, and promoted employee development and career growth, ranking in the top 1% of its industry.

In the Sustainable Procurement dimension, the company has built a full-chain green supply chain management mechanism, collaborating with core suppliers to create a “cooperative carbon reduction” ecosystem. Initiatives such as packaging material recycling, green electricity usage, and localized collaborative production have enabled a low-carbon, traceable supply chain, also ranking in the top 1% of the industry.

Coupled with strong performances in environmental governance and business ethics, the company achieved an impressive score of 82, surpassing 97% of evaluated companies and earning the Gold Medal. This distinction places DMEGC Solar at the top in the global solar module manufacturers to receive such recognition.

This Gold Medal rating will for sure strengthen the company’s competitiveness in overseas markets. On one hand, its industry-leading ESG performance helps meet policy requirements related to sustainable supply chains, enhancing both the premium pricing of its products in international markets and its ability to secure orders. On the other hand, this recognition will boost customer and partner trust in the company’s brand, supporting the expansion of market share for its core products—such as photovoltaic modules, residential energy storage systems, and magnetic materials—while consolidating its market leadership.

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