Increasing Global Spending On The Military Sector Is Intensifying The Size Of Safety And Security Drones Market

 

Safety And Security Drones Market

Drones are unmanned aerial vehicles usually operated by a remote user via radio or satellite remote control. They are used in a variety of applications from warfare to surveillance. A safety and security drone can take out an enemy military unit but if it is a drone used for surveillance it will just observe over a designated area for operations as ordered by the controller. Drones are ideal for providing surveillance over an area that may be considered unsafe to enter due to unknown hazards like hostile territory or a possible terrorist act. A drone is also valuable in disaster relief operations to recover bodies or damaged infrastructure. 

 

The increasing use of drones for military and operational purposes is predominantly fueling the growth of the safety and security drones market. Increasing global investment in the military industry is augmenting the growth of the safety and security drones market. Moreover, a growing partnership among key players to develop innovative drones is another major factor foster the growth of safety & security drones. For instance, in June 2020, Parrot, a European drone group has formed a partnership with the Miami, Florida-based Airborne International Response Team (AIRT) to provide USA drones for public safety and emergency services organizations across the U.S. and around the globe.

 

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the increased spending in the military sector. China is emerging as the largest market for Safety and security drones. According to the Stockholm International Peace Research Institute, in 2019 China and India were the second-and third-largest military spenders respectively in the world. China’s military expenditure reached $261 billion in 2019, a 5.1 percent increase compared with 2018, while India’s grew by 6.8 percent to $71.1 billion. 

 

Key Developments:

  1. In November 2020, DJI releases the T30 & T10 Plant Protection drones with dual FPV cam. The new flagship DJI T30 Plant Protection Drone is the most powerful plant protection machine on the market, with an operating efficiency of up to 240 acres per hour.
  2. In July 2020, Axis, the IP video company, and Azur Drones, the autonomous surveillance drone provider have partnered to offer complete innovating solutions that revolutionize perimeter protection. The products developed by the two businesses are perfectly suited to strengthen perimeter surveillance on sensitive sites:       
  3. In August 2020, Axon the provider of connected public safety technologies, announced a partnership with Fotokite, a service provider of Unmanned Aerial System (UAS) solutions and public safety software tools, to provide their products and services as part of the Axon Air program.
  4. In September 2020, Ring’s launched security camera is a drone that flies around inside the house. The new Always Home Cam is an autonomous drone that can fly around inside the home to give a perspective of any room.

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