Tethered Drone Market By Solution, By Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: TETHERED DRONE MARKET, BY SOLUTION
4.1 Overview
4.1.1 Market size and forecast
4.2 Tethered Drone
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Tethered Stations
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: TETHERED DRONE MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Search and Rescue
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Telemetry and communication
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Surveillance and Protection
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Commercial and Recreational
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country

CHAPTER 6: TETHERED DRONE MARKET, BY END USE
6.1 Overview
6.1.1 Market size and forecast
6.2 Commercial
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Military
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country

CHAPTER 7: TETHERED DRONE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Solution
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End Use
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Solution
7.2.5.1.3 Market size and forecast, by Application
7.2.5.1.4 Market size and forecast, by End Use
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Solution
7.2.5.2.3 Market size and forecast, by Application
7.2.5.2.4 Market size and forecast, by End Use
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Solution
7.2.5.3.3 Market size and forecast, by Application
7.2.5.3.4 Market size and forecast, by End Use
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Solution
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End Use
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Solution
7.3.5.1.3 Market size and forecast, by Application
7.3.5.1.4 Market size and forecast, by End Use
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Solution
7.3.5.2.3 Market size and forecast, by Application
7.3.5.2.4 Market size and forecast, by End Use
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Solution
7.3.5.3.3 Market size and forecast, by Application
7.3.5.3.4 Market size and forecast, by End Use
7.3.5.4 Russia
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Solution
7.3.5.4.3 Market size and forecast, by Application
7.3.5.4.4 Market size and forecast, by End Use
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Solution
7.3.5.5.3 Market size and forecast, by Application
7.3.5.5.4 Market size and forecast, by End Use
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Solution
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End Use
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Solution
7.4.5.1.3 Market size and forecast, by Application
7.4.5.1.4 Market size and forecast, by End Use
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Solution
7.4.5.2.3 Market size and forecast, by Application
7.4.5.2.4 Market size and forecast, by End Use
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Solution
7.4.5.3.3 Market size and forecast, by Application
7.4.5.3.4 Market size and forecast, by End Use
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Solution
7.4.5.4.3 Market size and forecast, by Application
7.4.5.4.4 Market size and forecast, by End Use
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Solution
7.4.5.5.3 Market size and forecast, by Application
7.4.5.5.4 Market size and forecast, by End Use
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Solution
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End Use
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Solution
7.5.5.1.3 Market size and forecast, by Application
7.5.5.1.4 Market size and forecast, by End Use
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Solution
7.5.5.2.3 Market size and forecast, by Application
7.5.5.2.4 Market size and forecast, by End Use
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Solution
7.5.5.3.3 Market size and forecast, by Application
7.5.5.3.4 Market size and forecast, by End Use

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 ACECORE TECHNOLOGIES
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 COMSOVEREIGN
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 ELISTAIR INC
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Fotokite
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Hoverfly Technologies
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Novadem
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 SKY-DRONES TECHNOLOGIES LTD
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 TELEDYNE FLIR LLC
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 YUNEEC HOLDING LTD.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments

Executive Summary

The Tethered Drone Market is expected to experience a significant growth rate of 4.9% from 2022-2031 owing to increasing market demand from the commercial and recreational sector.

Tethered drones are wired drones used for surveillance across different industries and are operable through a ground-based station located at some place. Tethered drones have been used across border patrolling, industrial area monitoring as well as monitoring a specific area through tethered drones. Moreover, with the advancement in technology, numerous developments have been carried out by the key players operating across the globe which has proved to be the factor supplementing the growth of the market across the globe.

The key factors driving the growth of the tethered drone market include factors such as increased adoption of tethered drone across commercial sector, increased defense expenditure and increased demand for drone-based surveillance, which boosts the market toward a positive growth. For instance, in April 2020, COMSovereign’s subsidiary, Sky Sapience announced the launch of its HoverMast-Lite tethered drone. The new drone was designed to function as a smaller and lightweight alternative to the flagship HoverMast platform. Moreover, the drone was capable of carrying payloads such as infrared cameras, radars, lasers, cellular and mesh communication devices, hyper spectral sensors and cyber systems, up to a total weight of 6Kgs. However, the factors such as increased competition among aerial imagery service providers and privacy and security concerns, create a barrier for the growth of the market across the globe.

The market also offers growth factors to the key players operating in the market to enhance their services, which creates ample opportunities for the growth of the market across the globe. In addition, the factors such as diversifying the connectivity of tethered drones and betterment in drone technologies are the factors that create numerous opportunities for the growth of the market across the globe. For instance, in June 2022, DJI expanded the availability of its mobile app dedicated to the Agras line of agricultural drones. The global smartphone market is growing at a rapid pace. Similarly, in September 2021, AT&T’s tethered drones, known as ‘Flying COWs’ offered internet connectivity in areas that were hit by windstorms such as Louisiana.

The tethered drone market is segmented into solution, application, end use and region. By solution, the global market has been segmented into tethered drone and tethered stations. By application, the global market has been segmented into search & rescue, telemetry & communication, surveillance & protection and commercial & recreational. By end use, the global market has been segmented into commercial and military. By region, it is analyzed across North America (U.S., Canada and Mexico), Europe (UK, Germany, France, Russia and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The key players profiled in the study include Acecore Technologies, Comsovereign, Elistair INC, Flyfocus, Fotokite, Hoverfly Technologies, Novadem, Sky-Drones Technologies Ltd., Teledyne Flir LLC and Yuneec Holding Ltd. The companies operating across the market have been developing strategies that create ample opportunities for the growth of the market across the globe. For instance, in June 2022, Novadem was awarded a contract by the G5 Sahel joint force, Africa to supply its NX70 drones. Furthermore, the contract consisted of the supply of systems and associated equipment as well as several training sessions on the use of the NX70 drone. Similarly, in June 2020, Teledyne Flir LLC was awarded a $10 million contract by the U.S. Marine Corps to supply its R80D SkyRaider drones. These drones supported the Tether Kit that allowed the drone to have unlimited flight times in addition to providing a secure and reliable medium for the transmission of data.

Key Market Insights

By solution, the tethered drone segment was the highest revenue contributor to the market, and is estimated to reach $174.8 million by 2031, with a CAGR of 4.4%. However, the tethered stations segment is estimated to be the fastest growing segment with the CAGR of 5.8% during the forecast period.

By application, the commercial & recreational segment dominated the global market, and is estimated to reach $93.1 million by 2031, with a CAGR of 3.0%. However, the telemetry & communication segment is expected to be the fastest growing segment with the CAGR of 6.8% during the forecast period.

By end use, the commercial segment was the highest revenue contributor to the market, with $162.6 million in 2021, and is estimated to reach $256.8 million by 2031, with a CAGR of 4.9%.

By region, North America was the highest revenue contributor, accounting for $81.5 million in 2021, and is estimated to reach $142.9 million by 2031, with a CAGR of 6.0%.

Companies Mentioned

• Acecore Technologies
• Comsovereign
• Elistair Inc.
• Fotokite
• Hoverfly Technologies
• Novadem
• Sky-Drones Technologies Ltd.
• Teledyne Flir LLC
• Yuneec Holding Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.