Continuously increasing terrorist activities are increasing the demand for defense security systems across the world. In India, for security purposes, the Defense Research and Development Organization (DRDO) has initiated a project called Airborne Surveillance Platform (ASP) to develop airborne early warning systems. These drones and drone systems are designed to detect threats from aircrafts, ships or any other vehicles at long ranges across the border. Drone accessories give a bird’s-eye view and provide quicker footage and more extended line of sight and area of observation than on the ground, though usually with less resolution. Nowadays, drones accessories can be regulated by manned aircrafts, hot-air balloons, lower orbit satellites, helicopter-based surveillance systems and unmanned drones.
The design of drone accessories systems consists of an antenna and rotodome, airborne data processor and an integrated navigation system. In drone accessories, a Synthetic Aperture Radar (SAR) and night camera are used to provide situational awareness. Drone accessories can capture data and images in any environment and can also offer live videos of any particular area. The drone accessories market for airborne surveillance is increasing as many influential countries are looking forward to becoming secured from enemies.
|Drone Accessories Market Size (2021A)||US$ 15 Billion|
|Estimated Market Value (2022E)||US$ 17.5 Billion|
|Forecast Market Value (2032F)||US$ 115.1 Billion|
|Global Market Growth Rate (2022-2032)||20.7% CAGR|
|North America Market Share (2021)||~28.6%|
|North America Growth Rate (2022-2032)||19% CAGR|
|U.S. Growth Rate (2022-2032)||18.9% CAGR|
|Market Share of Top 5 Companies||~23%|
|Key Companies Profiled||