India Drones Market

Market Overview:

The India drones market size reached US$ 1,108.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,434.3 Million by 2032, exhibiting a growth rate (CAGR) of 9.13% during 2024-2032.

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 2024-2032. 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: