Increasing Global Spending On The Military Sector Is Intensifying The Size Of 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:
- 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.
- 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:
- 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.
- 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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