Tethered Drone Market Synopsis:
Tethered Drone Market Size Was Valued at USD 0.20 Billion in 2023, and is Projected to Reach USD 0.33 Billion by 2032, Growing at a CAGR of 6.00 % From 2024-2032.
Tethered drone is defined as UAVs which are linked to a ground control station by a physical means. These drones provide power and data link availability without interruption, thus useful in activities that require long endurance flight and stable performance including patrol, inspection, and relay of information. Sting or tethered drones are employed in both the civil and defense application, for surveillance, communication, and mapping, to name just a few applications.
The primary factors that are mainly driving the growth of tethered drone market are being an enhanced demand for high end surveillance and real-time monitoring across military, defense and commercial sectors. These drones offer considerable benefit in regards to operational persistency over conventional drone systems, as long as the tether source is maintained. Because of the constant requirement for aerial vigilance in security services, border patrol, and police functions, there is a growing interest in tethered UAVs. Also, growing trend of drones in industrial and infrastructure inspections is benefitting the market as tethered drones are more suitable for constant usage in risky scenarios.
This is enabled by improved technology and enhanced tethering techniques that are also key culprits in the market growth. Newer tethering materials lighter in weight, enhanced techniques to manage and control power and improved drone structure are adding up to the reliability factor and ability of tethered drones. A combination with other rapidly developing fields like telecommunication, data transfer as well as live broadcasting using UAVs also counts as enabler. With time, as the commercial market for tethered drones increases industries are slowly starting to realize the benefits that come with having tethered drones, which include real time connection and lower operational costs.
Tethered Drone Market Trend Analysis:
Increased use of AI and machine learning
- The tethered drone market has seen increased use of AI and machine learning as a trend to improve the systems. With AI control and auto return mechanism advance use on activities like surveillance and mapping full accurate data is obtained. Minimizing the human interaction requirement for these systems, particularly for the more advanced fully automated operations assumed in the context of LTA, is thus emerging as a highly desirable capability in military and commercial applications of tethered drones. When these drones become more intelligent, in fields such as inspection and higher-level monitoring, their efficiency is even improved.
- The other emerging trend is miniaturisation /portability in tethered drones in operations increasing the distance to the control unit. The manufacturers are continuing to try to shrink them, make them lighter and more adaptable while at the same time ensuring that they are very efficient and have a long service life. This has led to the growth of the market for tethered drones since industries such as agriculture, disaster management, and utility services, can make use of compact, portable tethered UAVs in both urban and rural centers. This trend of miniaturization it is likely to enhance the usage of tethered drones within commercial businesses.
Communication and connectivity can be expanded
- The most basic opportunity of tethered drone in tethered drone market is that application of communication and connectivity can be expanded. Fixed wing UAVs has continuous data relay capabilities and can be used in places without conventional communication networks like in the remote or disaster plagued regions. The possibility to deploy Mobile Communication Networks connected by tethered UAVs may be extremely beneficial where permanent structures are challenging. Thus, telecommunications businesses that are looking for solutions to address such problem hence, tethered drones can offer on-demand communication services in those areas.
- Another opportunity that the increasing usage of drones for inspection and maintenance in domains like energy, oil & gas, utilities, etc., offers is one. Tethered drones are powered and control systems can work for a long duration without having to be charged or recharged, the ideal solution to long time inspections of vital installations like power pylons, offshore oil rigs for instance and wind turbines among others. It is evident that employing techniques that allow the workers to conduct inspection and maintenance operations without having to physically enter possibly dangerous surroundings provides prospective safety and cost savings. As more organizations embrace sustainable operations and optimum performance, tethered drones are likely to form the annual operations of these industries.
Tethered Drone Market Segment Analysis:
Tethered Drone Market Segmented on the basis of Type, Applications, End-User, and Region
By Type, Fixed-wing Tethered Drones segment is expected to dominate the market during the forecast period
- Subdivided with respect to type into fixed wing and rotary wing drones. Tethered aircraft are normally used with fixed wings mainly as they can operational for longer periods and are used ideal for surveillance, mapping, survey, etc. These UAVs are capable of flying at a fixed height and are deemed to have increased persistence due to the enhanced use of energy. However, rotary-wing tethered drones are best used for missions that involve vertical takeoff and landing, for example inspection, search and rescue, monitoring real-time activities and events. These types provide better control and versatility in confined environments but may have shorter flight intervals, at least for the less expensive models, as compared to fixed-wing types.
By Applications, Surveillance & Monitoring segment expected to held the largest share
- Fixed wing UAS is used in a variety of missions such mission intelligence, situational awareness, convoy escort, monitoring, communication relay, inspection, survey, reconnaissance, public safety, and search and rescue. As for surveillance and monitoring, tethered drone are used for long-duration surveillance for police, security and military use. In communication and connectivity, they allow mobile networks in areas with low physical infrastructure. Inspection and maintenance areas can be serviced by tethered drones where surveillance and repair of structures like power lines, pipelines and bridges is evident. In mapping and surveying they assist in obtaining high resolution data on large areas in mapping and surveying, in search and rescue, real time surveillance and coordination is also enhanced especially in areas that are difficult to access.
Tethered Drone Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- Expansion of tethered drone for both commercial as well as defense application has led to the dominance of North America region for tethered drone market. The two largest global donors to the market are the U.S. and Canada due to their continuous spending on military and surveillance exercises. Technological development in area specific to drone or tethering systems is another coupled with growing demand from end use segments including police and military forces, utilities and telecommunication companies. Additionally, North America is a market that places a great deal of emphasis on innovation and the use of advanced technologies which guarantees that it will remain the market for tethered drones.
- Moreover, there is also favorable regulations in North America aiding the market of tethered drone. One sector that has received the benefits of funding from the government is the drone manufacturing industry since most governments are interested in funding these technologies for their adoption by the commercial market. Projected surge of tethered drones in the region for inspection of infrastructures, communication and emergency services also supports the existing dominance of North America in the market.
Active Key Players in the Tethered Drone Market
- AeroVironment Inc. (USA)
- Aeryon Labs Inc. (Canada)
- American Aerospace Technologies Inc. (USA)
- Cybee Technologies (Israel)
- Drone Aviation Holding Corp. (USA)
- EHang (China)
- Elistair (France)
- Hoverfly Technologies (USA)
- Rivada Networks (Ireland)
- SkySapience (Israel)
- Other Active Players
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Global Tethered Drone Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 0.20 Billion |
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Forecast Period 2024-32 CAGR: |
6.00 % |
Market Size in 2032: |
USD 0.33 Billion |
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Segments Covered: |
By Type |
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By Applications |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Tethered Drone Market by Type
4.1 Tethered Drone Market Snapshot and Growth Engine
4.2 Tethered Drone Market Overview
4.3 Descriptive Analytics
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Descriptive Analytics: Geographic Segmentation Analysis
4.4 Diagnostic Analytics
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Diagnostic Analytics: Geographic Segmentation Analysis
4.5 Predictive Analytics
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Predictive Analytics: Geographic Segmentation Analysis
4.6 Prescriptive Analytic
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Prescriptive Analytic: Geographic Segmentation Analysis
Chapter 5: Tethered Drone Market by End-User Industry
5.1 Tethered Drone Market Snapshot and Growth Engine
5.2 Tethered Drone Market Overview
5.3 BFSI
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 BFSI: Geographic Segmentation Analysis
5.4 Healthcare
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Healthcare: Geographic Segmentation Analysis
5.5 Retail
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Retail: Geographic Segmentation Analysis
5.6 IT & Telecommunications
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 IT & Telecommunications: Geographic Segmentation Analysis
5.7 Media & Entertainment
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Media & Entertainment: Geographic Segmentation Analysis
5.8 Government
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Government: Geographic Segmentation Analysis
5.9 Manufacturing
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Manufacturing: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Tethered Drone Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 AMERICAN AEROSPACE TECHNOLOGIES INC. (USA)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 AEROVIRONMENT INC. (USA)
6.4 CYBEE TECHNOLOGIES (ISRAEL)
6.5 ELISTAIR (FRANCE)
6.6 HOVERFLY TECHNOLOGIES (USA)
6.7 SKYSAPIENCE (ISRAEL)
6.8 RIVADA NETWORKS (IRELAND)
6.9 DRONE AVIATION HOLDING CORP. (USA)
6.10 AERYON LABS INC. (CANADA)
6.11 EHANG (CHINA)
6.12 OTHER ACTIVE PLAYERS
Chapter 7: Global Tethered Drone Market By Region
7.1 Overview
7.2. North America Tethered Drone Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Descriptive Analytics
7.2.4.2 Diagnostic Analytics
7.2.4.3 Predictive Analytics
7.2.4.4 Prescriptive Analytic
7.2.5 Historic and Forecasted Market Size By End-User Industry
7.2.5.1 BFSI
7.2.5.2 Healthcare
7.2.5.3 Retail
7.2.5.4 IT & Telecommunications
7.2.5.5 Media & Entertainment
7.2.5.6 Government
7.2.5.7 Manufacturing
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Tethered Drone Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Descriptive Analytics
7.3.4.2 Diagnostic Analytics
7.3.4.3 Predictive Analytics
7.3.4.4 Prescriptive Analytic
7.3.5 Historic and Forecasted Market Size By End-User Industry
7.3.5.1 BFSI
7.3.5.2 Healthcare
7.3.5.3 Retail
7.3.5.4 IT & Telecommunications
7.3.5.5 Media & Entertainment
7.3.5.6 Government
7.3.5.7 Manufacturing
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Russia
7.3.6.2 Bulgaria
7.3.6.3 The Czech Republic
7.3.6.4 Hungary
7.3.6.5 Poland
7.3.6.6 Romania
7.3.6.7 Rest of Eastern Europe
7.4. Western Europe Tethered Drone Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Descriptive Analytics
7.4.4.2 Diagnostic Analytics
7.4.4.3 Predictive Analytics
7.4.4.4 Prescriptive Analytic
7.4.5 Historic and Forecasted Market Size By End-User Industry
7.4.5.1 BFSI
7.4.5.2 Healthcare
7.4.5.3 Retail
7.4.5.4 IT & Telecommunications
7.4.5.5 Media & Entertainment
7.4.5.6 Government
7.4.5.7 Manufacturing
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 The Netherlands
7.4.6.5 Italy
7.4.6.6 Spain
7.4.6.7 Rest of Western Europe
7.5. Asia Pacific Tethered Drone Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Descriptive Analytics
7.5.4.2 Diagnostic Analytics
7.5.4.3 Predictive Analytics
7.5.4.4 Prescriptive Analytic
7.5.5 Historic and Forecasted Market Size By End-User Industry
7.5.5.1 BFSI
7.5.5.2 Healthcare
7.5.5.3 Retail
7.5.5.4 IT & Telecommunications
7.5.5.5 Media & Entertainment
7.5.5.6 Government
7.5.5.7 Manufacturing
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Tethered Drone Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Descriptive Analytics
7.6.4.2 Diagnostic Analytics
7.6.4.3 Predictive Analytics
7.6.4.4 Prescriptive Analytic
7.6.5 Historic and Forecasted Market Size By End-User Industry
7.6.5.1 BFSI
7.6.5.2 Healthcare
7.6.5.3 Retail
7.6.5.4 IT & Telecommunications
7.6.5.5 Media & Entertainment
7.6.5.6 Government
7.6.5.7 Manufacturing
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkiye
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Tethered Drone Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Descriptive Analytics
7.7.4.2 Diagnostic Analytics
7.7.4.3 Predictive Analytics
7.7.4.4 Prescriptive Analytic
7.7.5 Historic and Forecasted Market Size By End-User Industry
7.7.5.1 BFSI
7.7.5.2 Healthcare
7.7.5.3 Retail
7.7.5.4 IT & Telecommunications
7.7.5.5 Media & Entertainment
7.7.5.6 Government
7.7.5.7 Manufacturing
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
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Global Tethered Drone Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 0.20 Billion |
|
Forecast Period 2024-32 CAGR: |
6.00 % |
Market Size in 2032: |
USD 0.33 Billion |
|
Segments Covered: |
By Type |
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By Applications |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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