Sales in South Asia and Oceania will grow at a strong CAGR of 15.6% between 2023 and 2033, bringing consistency to demand for thermal drones.
ROCKVILLE, Dec. 8, 2022 (GLOBE NEWSWIRE) — The global thermal drone market is experiencing impressive growth, estimated to exceed a US$2.79 billion valuation by the end of 2023 . CAGR 13.1% Over the 2023-2033 evaluation period.
Thermal drones vary in degree of independence, from wireless control directing human movement to high independence relying on a combination of sensing devices and lidar sensors to calculate movement.
Many drones can travel at different heights and lengths. Close range drones often have ranges of up to 3 miles and are commonly used by amateurs. A short-range unmanned aerial vehicle (UAV) has a range of approximately 38 to 49 miles. Short-range drones, which can fly up to 90 meters, are primarily used for reconnaissance and intelligence gathering.
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Thermal imaging from small unmanned aerial vehicles (UAVs) and drones is becoming increasingly popular these days. From land assessments in agricultural environments to power line assessments, these thermal drones maintain the operational range you need.
Thermal imaging drones may provide real-time feedback to aid ground operations such as tagging, surveying, and capturing target species. Data from these thermal wildlife surveys are also useful for environmental impact assessments.
Key takeaways from research
The global thermal drone market is expected to grow at a CAGR of 13.1% by the end of 2033, reaching a valuation of US$9,554.9 million.
Based on drone type, the military drone sub-segment is projected to dominate the market with a projected 68.0% market share by 2023.
With a valuation of US$521.7 million in 2023, the mining sector could account for 18.7% of the revenue share by end-use vertical segment.
The East Asia region is expected to register a CAGR of 14.1% during the forecast period and be valued at USD 546.8 million by the end of 2023.
In the sales channel segment, offline sales of thermal drones are estimated to account for about 76.9% share of the aftermarket sub-segment in 2023.
“A huge application of thermal drones, especially in underground mining, to create revenue-generating opportunities.” A Fact.MR analyst said:
Thermal Drone Industry Research Segmentation
by drone Type:
Short (~2 microns)
Medium (2-5 microns)
long (5 microns or more)
by sales Channel :
directly to the customer
third party online
modern trade channels
By end use vertical :
South Asia and Oceania
Middle East and Africa
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Several applications of thermal drones will be in demand in the future. Integration with new technologies will allow Thermal to improve the efficiency and products of his drones. Key players are devoting resources to developing more efficient and robust technologies. .
Teledyne FLIR is one of the world leaders in thermal imaging technology. Mapping using thermal drones equipped with long-wave infrared (LWIR) cameras is becoming increasingly important for non-line-of-sight commercial drone flights such as solar farm and rooftop surveys, search and rescue, and security missions.
major companies profile:–
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more valuable insights
With its new service, Fact.MR presents an unbiased analysis of the global thermal drone market, presenting historical demand data (2018-2022) and forecast statistics for 2023-2033.
Based on drone type (consumer/civil, commercial, military), wavelength (short (up to 2 microns), medium (2-5 microns), and long (5 microns and above), the study analyzes the market reveals important insights about Sales Channels (Online Sales (Direct to Customer, Third Party Online), Offline Sales (Modern Trading Channels, Electronics Stores (Franchisees, Independent Stores), Others), End Uses (Agriculture, Military and Government, Energy, Public Safety & Insurance, Mining, Healthcare, Oil & Gas, Logistics, Recreation) and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, Middle East & Africa).
Check out other related studies published by Fact.MR Research.
European drone market: The European drone market is projected to expand at a CAGR of 21.9%, reaching a market valuation of US$55.2 billion by 2032, with an absolute dollar value of US$47.6 billion during the forecast period 2022-2032. opportunities are created.
Micro drone market: The global micro drone market will reach a valuation of US$3,398.1 million in 2023 and is expected to reach US$16,057 million by the end of 2033, at a CAGR of 16.8%.
Target drone market: The targeted drone market will reach a valuation of US$10,142.9 million in 2023 and is estimated to reach US$43,608 million by 2033, growing at a CAGR of around 15.7% from 2023 to 2033. I’m here.
Drone delivery system market: The drone delivery system market will reach a valuation of USD 6.6 billion in 2023 and is estimated to reach USD 25.5 billion by 2033, growing at a CAGR of around 14.4% from 2023 to 2033.
drone battery market: The global drone battery market will enjoy a valuation of US$6.3 billion in 2022 and is expected to further expand to reach US$14.1 billion by the end of 2032, at a CAGR of 8.3%.
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