Connect with us

Technology

Drone Market to Grow by USD 36.1 Billion from 2024-2028, Expanding Drone Applications to Boost Market, Report on How AI is Driving Market Transformation – Technavio

Published

on

NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global drone market size is estimated to grow by USD 36.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.23% during the forecast period. Rise in applications of drones is driving market growth, with a trend towards new developments and launches of commercial drones. However, restrictive laws and regulations governing uav use poses a challenge. Key market players include AeroVironment Inc., Autel Robotics Co. Ltd., DELAIR SAS, Drone Delivery Canada Corp., DroneDeploy Inc., EHang Holdings Ltd., Intel Corp., Kespry Inc., Kitty Hawk Corp., Leptron Unmanned Aircraft Systems Inc., Parrot Drones SAS, Pix4D SA, PrecisionHawk Inc., Skydio Inc., Spirit AeroSystems Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Terra Motors Corp., The Boeing Co., Trimble Inc., and Yuneec International Co. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Drone Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 15.23%

Market growth 2024-2028

USD 36.1 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.86

Regional analysis

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

Performing market contribution

APAC at 42%

Key countries

China, US, Germany, Japan, and UK

Key companies profiled

AeroVironment Inc., Autel Robotics Co. Ltd., DELAIR SAS, Drone Delivery Canada Corp., DroneDeploy Inc., EHang Holdings Ltd., Intel Corp., Kespry Inc., Kitty Hawk Corp., Leptron Unmanned Aircraft Systems Inc., Parrot Drones SAS, Pix4D SA, PrecisionHawk Inc., Skydio Inc., Spirit AeroSystems Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Terra Motors Corp., The Boeing Co., Trimble Inc., and Yuneec International Co. Ltd.

Market Driver

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), are robots that fly without a human pilot on board. This market includes various types of drones, such as rotary wing and fixed wing, powered by heat engines, jet engines, or electrical engines. Trends in this industry include GPS technology for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, surveillance, military, and defense applications. Sensors like ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, thermal, hyperspectral, and minerals play a crucial role in drone functionality. The agriculture segment, construction sector, real estate sector, and oil and gas industries are significant markets for commercial drones. Companies like AeroVironment Inc and Skydio lead in this sector. Drones are used for various purposes such as aerial videography, photography, flora and fauna, public services, thermal imaging cameras, and precision agriculture applications. The market is expanding into sectors like e-commerce, border security, energy, insurance industries, and military capabilities. Regulations and subsidy programs are shaping the industry’s growth. 

Drones have transformed the commercial sector due to their ease of deployment, minimal maintenance costs, mobility, and ability to hover. They are extensively used in various industries such as wireless coverage and remote sensing, search and rescue operations, delivery services, security and surveillance, precision agriculture, and civil infrastructure inspection. In emergency situations like natural or man-made disasters, drones play a crucial role in expediting rescue efforts. They can quickly survey vast areas during disasters like floods, wildfires, and avalanches, providing essential data for effective response planning. Additionally, drones can transport medical supplies to inaccessible areas and offer timely disaster warnings, enhancing overall disaster management efforts. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The Drone Market encompasses various unmanned aircraft, aerial vehicles, and systems, collectively referred to as drones. These robotic flying machines employ GPS technology for traffic monitoring, videography, agriculture, delivery services, and weather monitoring, among others. Challenges in sectors like agriculture, construction, real estate, and public services, have led to the integration of drones in mining, oil and gas, transportation, entertainment, telecommunications, and more. Drones incorporate sensors such as ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, and thermal sensors. Companies like Skydio, AeroVironment Inc, and Raptor Maps lead the market with innovations in drone technology, including autonomous drones, precision agriculture applications, and filming and photography. The hybrid segment caters to the e-commerce sector, border security, and military operations. Regulations and subsidy programs influence the market’s growth, while hobbyist drones cater to individual users. Drones offer solutions in various industries, including infrastructure, energy, insurance, military capabilities, and the political arena.Drones, although offering numerous business applications, pose a significant security concern due to their misuse by criminals and terrorists. The ease of access to drone technology and lax regulations increase the risk of drones being used for nefarious activities, such as terror attacks or surveillance of sensitive areas. To mitigate these risks, governments are implementing stricter regulations. These regulations include mandatory type certification for drones, obtaining a drone pilot license for operators, and completing training from authorized remote pilot training organizations. These measures aim to minimize the potential for drones to be used for criminal or terrorist activities.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This drone market report extensively covers market segmentation by

ApplicationIndustrialTerrestrial Imagery And MappingPrecision AgricultureInspection And MonitoringOthersTypeRotary BladeFixed WingHybridGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

1.1 Industrial- The industrial sector is experiencing significant growth in the use of drones due to their efficiency and safety benefits. Real-time aerial inspections enable quick assessment of construction sites, reducing potential hazards by 91%. Autodesk, a leading software company in architecture and construction, has invested in drone manufacturer 3D Robotics since 2018. Their collaboration offers a UAV-to-cloud solution, allowing drone data to be analyzed using Autodesk software. Additionally, drones act as portable communication towers during emergencies or large events, enhancing network capacity. These factors are fueling the demand for drones in industrial applications.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), are robotic aircraft that operate without a human pilot on board. These flying machines have gained significant attention in various industries due to their versatility and capabilities. UAVs are used for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, and more. In the commercial sector, they are employed in real estate, construction, and inspection of unstable roofs and electrical cables. UAVs are equipped with GPS, computing, microcontrollers, and processors for navigation and data processing. They have applications in defense and border security, with autonomous drones used for precision-guided bombs and missiles in military operations. Aerial photography and video recording are common applications, while surveying and mapping are also popular uses for UAVs.

Market Research Overview

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), refer to robotic aircraft that operate without a human pilot on board. These robots use Global Positioning System (GPS) technology for navigation and can be employed in various sectors for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, surveillance, military, and defense applications. UAVs come in different forms such as rotary wing drones and fixed wing drones, and can be powered by heat engines, jet engines, or electrical engines. They are equipped with sensors including ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, thermal, hyperspectral, and various types of cameras. The agriculture segment, construction sector, real estate sector, and oil and gas industries are significant users of UAVs for crop health monitoring, surface composition analysis, and infrastructure inspections. UAVs are also used in public services, transportation, entertainment and media, telecommunications, mining, and construction industries. Autonomous drones are increasingly being used for military operations, video recording, surveying, logistics, retail organizations, emergency response, and even in the political arena. UAVs are also used in hobbyist applications and can be used for infrastructure inspections, energy sector monitoring, insurance industries, and military capabilities. Regulations and subsidy programs play a crucial role in the drone market. UAVs are also used for anti-aircraft target practice, artillery spotting, intelligence gathering, and weather monitoring. UAVs can be equipped with sensors such as ultrasonic sensors, laser sensors, LIDAR sensors, time-of-flight sensors, chemical sensors, stabilization sensors, orientation sensors, thermal sensors, and hyperspectral sensors. The drone market is expected to grow significantly in the coming years due to the increasing demand for UAVs in various industries and applications.

Table of Contents:

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

ApplicationIndustrialTerrestrial Imagery And MappingPrecision AgricultureInspection And MonitoringOthersTypeRotary BladeFixed WingHybridGeographyAPACNorth 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-market-to-grow-by-usd-36-1-billion-from-2024-2028–expanding-drone-applications-to-boost-market-report-on-how-ai-is-driving-market-transformation—technavio-302376086.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

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

Technology

BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT

Published

on

By

LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.

While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.

According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.

This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.

BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.

The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.

The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.

View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html

SOURCE BitradeX Capital

Continue Reading

Technology

South and East Asia identified as hotspots of global warming related impacts on male fertility

Published

on

By

BEIJING, May 9, 2026 /PRNewswire/ — A major new study has shown that South and East Asia dominate patterns of global warming related decline in male fertility with the strongest and most consistent evidence coming from India, Pakistan and the southern parts of China.

The effects of increased environmental temperatures on male reproductive health include declining sperm concentration and motility and increased sperm DNA fragmentation, or genetic damage that can hinder fertilisation and embryo development.

Male related factors account for around 50 per cent of infertility cases around the world and the impact of rising ambient heat on semen parameters raises serious implications across wide areas of Asia where total fertility rates are in serious decline.

Outcomes of the study undertaken by the Taiwan IVF Group and Ton Yen General Hospital, Taiwan (China) in collaboration with Stanford University (USA) are being presented at the 2026 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Beijing.

Research principal and Adjunct Clinical Assistant Professor at Stanford University, Dr Jack Yu Jen Huang, MD, PhD, FACOG said: “Given the temperature sensitivity of spermatogenesis, even modest increases in ambient temperature could have cumulative, population-level effects over time.

“As global warming accelerates, male reproductive health may represent an emerging climate sensitive public health concern.”

The testes function optimally at temperatures lower than the internal body heat level, and previous studies have shown elevated scrotal or ambient temperatures can impair sperm production.

The latest research explored global patterns to reveal comparative data across regions. It is based on a systematic review of international studies on temperature exposure and semen parameter trends between 2000 and 2024. Artificial intelligence algorithms and machine learning tools were applied to extract key variables including geographic regions and semen outcomes.

Dr Huang said studies examining occupational heat exposure alone were excluded from the analysis as they reflected localised, job-specific conditions rather than broader climatic trends.

“Our findings therefore represent population level climate associated temperature effects including consistent seasonal variations showing poor semen quality parameters in warmer periods.”

The global patterns on temperature associated lower sperm concentration and motility show South and East Asia as major hot spots of concern followed by the Middle East, Europe and North America.

“South and East Asia are likely more affected due to a combination of factors including higher baseline ambient temperatures and rapid urbanisation that contribute to greater cumulative heat stress on spermatogenesis,” Dr Huang explained.

“With ongoing global warming, chronic heat exposure may increasingly impact male reproductive health.”

Dr Huang said potential approaches to address the issue include:

increasing public awareness of heat exposure and reproductive health;encouraging protective behaviours;expanding research integrating climate and reproductive health data; andexploring clinical and lifestyle interventions to mitigate heat-related effects.

The research team was assisted by research intern Jeffrey Zi Kang Huang from Taipei American School, particularly in the application of artificial intelligence in biomedical research including AI-assisted data analysis and pattern recognition across global datasets.

“Further longitudinal and mechanistic studies will be important to better define causality and guide interventions,” he added.

The ASPIRE Congress is being held at the China National Convention Centre in Beijing. More than 3,000 scientists, clinicians, nurses and counsellors in assisted reproduction from around the world are attending the Congress.

For further information, go to https://www.aspire2026.com

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/south-and-east-asia-identified-as-hotspots-of-global-warming-related-impacts-on-male-fertility-302767469.html

SOURCE ASPIRE

Continue Reading

Technology

eclicktech Attends Amazon Ads unBoxed 2026, Highlighting Four Key Trends Shaping AI-Driven Global Marketing

Published

on

By

SHENZHEN, China, May 9, 2026 /PRNewswire/ — Amazon Ads recently hosted its annual flagship event, Amazon Ads unBoxed 2026, in Shenzhen, bringing together advertisers, agencies, and technology partners to explore the next phase of AI-powered marketing innovation. This year’s event focused on how AI is reshaping the advertising ecosystem through advancements in audience targeting, creative production, campaign management, and measurement capabilities.

Yeahmobi, the global marketing brand under eclicktech and an Amazon DSP validated partner, attended the event alongside industry leaders and ecosystem partners to discuss emerging opportunities for international brand growth in an increasingly AI-driven media environment.

During the conference, Amazon Ads introduced a series of product and solution updates across four major areas:

Advanced audience targeting powered by Amazon’s first-party data infrastructure to help brands reach high-intent consumers more effectively;AI-assisted creative production designed to improve content efficiency and support personalized advertising at scale;Intelligent campaign management tools aimed at simplifying cross-channel advertising workflows;Enhanced measurement and attribution capabilities to provide advertisers with clearer visibility into campaign performance and return on investment.

According to Yeahmobi, Amazon DSP is evolving beyond a standalone programmatic buying platform into a broader marketing infrastructure supporting the full customer journey, from brand awareness to conversion.

Since becoming an Amazon Ads partner, Yeahmobi has developed integrated advertising solutions spanning awareness, audience engagement, and conversion optimization. The company stated that it has supported brands across sectors including cross-border e-commerce, consumer electronics, AI applications, and financial services in scaling their global advertising efforts through Amazon DSP.

At the event, Yeahmobi also showcased its proprietary advertising management platform, Yeahgrowth, which integrates campaign management, data analytics, and performance optimization capabilities to support centralized multi-platform operations and improved campaign visibility.

“AI is fundamentally reshaping how brands approach global growth,” said William Liu, General Manager of Yeahmobi. “We see Amazon Ads as a strategically important part of the global marketing ecosystem. Our focus is not only on media execution, but also on building scalable growth infrastructure through deeper API integration, AI-driven optimization, and data collaboration.”

Yeahmobi stated that it will continue expanding its collaboration with Amazon Ads to support brands navigating increasingly complex global media environments.

About Yeahmobi
Yeahmobi is a global marketing brand focused on helping businesses achieve international growth through digital advertising, data-driven operations, and AI-powered marketing solutions.

Forward-Looking Statements
This press release contains forward-looking statements. Actual results may differ materially due to various risks and uncertainties. The company undertakes no obligation to update any forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/eclicktech-attends-amazon-ads-unboxed-2026-highlighting-four-key-trends-shaping-ai-driven-global-marketing-302767470.html

SOURCE Yeahmobi

Continue Reading

Trending