India Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

India Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6402
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Market Overview:

The India drones market is expected to exhibit a CAGR of 10.23% during 2023-2028.

Drones are unmanned aerial vehicles (UAVs) that can be remotely controlled by a human operator or navigated autonomously by a programmed onboard computer. They are equipped with global positioning systems (GPS), controlling computers, thermal cameras, ultrasonic and collision avoidance sensors, and remote ground control systems (GSC). They also consist of a receiver, battery, antenna, accelerometer, altimeter, and speed and flight controllers. Drones are widely used for commercial activities, including weather monitoring, geographical mapping, firefighting, and military operations, such as anti-aircraft target practice and intelligence gathering. They assist in efficient inspections, great scientific research, collecting real-time data, performing high-quality aerial filming, and enhancing the experience of viewers.

India Drones Market Trends:

Significant growth in the construction industry in India is creating a positive outlook for the market. Drones are widely used to survey lands, provide constant and reliable topographical updates, and capture the necessary data while eliminating the scope of human errors and preventing hazards. In line with this, the widespread product adoption to perform the visual inspection of the high-risk areas of a construction site and collect real-time data is favoring the market growth. Additionally, the increasing product demand due to the growing popularity of aerial photography and the rising enthusiasm to capture videos and photographs from a birds-eye view is propelling the market growth. Apart from this, the introduction of airmobile drones that are compact, easy to carry, and can be used to inspect inaccessible areas is providing an impetus to the market growth. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) to produce high-resolution images and automate the drone’s controls, including navigation and movement, is acting as another growth-inducing factor. Furthermore, the widespread product adoption in the military and defense sector due to the growing incidences of cross-border terrorist activities and illegal trespassing in the country is positively influencing the market growth. Besides this, the increasing demand for drones in the agriculture industry, extensive research and development (R&D) activities, the launch of customized and technologically advanced variants, and the implementation of various initiatives by the Government of India, such as drone shakti, are supporting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India drones market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, component, payload, point of sale and end use industry.

Breakup by Type:

  • Fixed Wing
  • Rotary Wing
  • Hybrid

Breakup by Component:

  • Hardware
  • Software
  • Accessories

Breakup by Payload:

  • <25 Kilograms
  • 25-170 Kilograms
  • >170 Kilograms

Breakup by Point of Sale:

  • Original Equipment Manufacturers (OEM)
  • Aftermarket

Breakup by End Use Industry:

  • Construction
  • Agriculture
  • Military and Defense
  • Law Enforcement
  • Logistics
  • Media and Entertainment
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Million
Segment Coverage Type, Component, Payload, Point of Sale, End Use Industry, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the India drones market to exhibit a CAGR of 10.23% during 2023-2028.

The introduction of advanced drone models with thermal sensors and night vision cameras for several commercial purposes, is primarily driving the India drones market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for drones across the healthcare sector for rapid delivery of medical supplies, vaccines, drugs, etc., across the nation.

Based on the type, the India drones market has been segregated into fixed wing, rotary wing, and hybrid. Among these, fixed wing currently exhibits a clear dominance in the market.

Based on the point of sale, the India drones market can be bifurcated into Original Equipment Manufacturers (OEM) and aftermarket. Currently, Original Equipment Manufacturers (OEM) hold the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

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India Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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