Fishing Drones Global Market Report 2024

The fishing drones market size has grown rapidly in recent years. It will grow from $ 0.79 billion in 2023 to $0.89 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth observed in the historical period can be attributed to several factors, including the growing demand for sustainable fishing practices, rising concerns regarding illegal fishing activities, regulatory support for the remote monitoring of fishing zones, and an increasing adoption of unmanned aerial vehicles for fishing-related applications.

The fishing drones market size is expected to see rapid growth in the next few years. It will grow to $1.41 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The anticipated growth in the forecast period can be attributed to several factors, including a shift towards hybrid and solar-powered fishing drones, the transparent tracking of the seafood supply chain, the evolution of multi-sensor payloads for enhanced capabilities, the increasing use of swarm intelligence in fishing operations, and the growth of subscription-based services. Noteworthy trends expected in the forecast period involve the integration of artificial intelligence to enhance fishing drone capabilities, the expansion of the aquaculture industry driving demand for drone-based monitoring solutions, the emergence of autonomous drone fleets for large-scale fishing operations, collaborations between the fishing industry and tech companies to develop specialized fishing drones, and a rise in investments in research and development for next-generation fishing drone technologies.

The fishing drone market is anticipated to experience substantial growth due to the increasing demand for aquaculture. Aquaculture involves the controlled cultivation, breeding, and harvesting of fish, shellfish, and other aquatic animals, primarily for commercial purposes. Factors driving the surge in aquaculture demand include the growing appetite for seafood, dwindling wild fish stocks, and technological advancements. Fishing drones play a pivotal role in improving operational efficiency, boosting productivity, and promoting sustainable management practices in aquaculture. Projections from the Food and Agriculture Organization indicate that aquaculture production is expected to reach 106 million metric tons by 2030, representing a significant 22% increase compared to 2020 levels. This surge in aquaculture demand is a key driver behind the growth of the fishing drone market.

Leading companies in the fishing drone market are directing their efforts towards developing innovative solutions, such as the FD3 Waterproof Fishing Drone, to combat illegal fishing, protect marine environments, and encourage sustainable fishing practices. The FD3 drone, designed to enhance efficiency and success rates for fishermen, represents a significant advancement in fishing technology for sport enthusiasts. Urban Drones, in collaboration with SwellPro, introduced the FD3 waterproof fishing drone in December 2023, offering both advanced and basic versions catering to different needs. Equipped with features such as autopilot capabilities through the FDFly APP, a 1-mile casting range, and an IP67 waterproof rating for saltwater-proof operation, these drones provide an efficient, convenient, and enjoyable fishing experience for anglers leveraging cutting-edge technology.

In September 2023, Terra Drone Corporation, a Japanese drone service provider, acquired Avirtech for an undisclosed amount. This acquisition led to the establishment of Terra Drone Agri, focusing on the Malaysian and Indonesian markets. The objective of this transaction is to address labor shortages, enhance worker safety, and increase productivity in the palm oil industry. Avirtech, based in Indonesia, specializes in designing waterproof fishing drones, contributing to an improved fishing experience. The acquisition strengthens Terra Drone's position in the agricultural drone sector, reinforcing its commitment to technological advancements in the field.

Major companies operating in the fishing drones market are Yaskawa Electric Corporation, Kongsberg Maritime AS, Oceaneering International Inc., SZ DJI Technology Co. Ltd., Yuneec International Co. Ltd., AeroVironment Inc., Skydio Inc., Sonardyne International Ltd., Parrot SA, Autel Robotics USA LLC, Kraken Robotic Systems Inc., PrecisionHawk Inc., Teledyne Marine, SwellPro Technology Ltd., Saildrone Inc., Bluefin Robotics Corporation, Blue Robotics, PowerVision Technology Group, Draganfly Innovations Inc., SeaDrone Systems, EvoLogics GmbH, Marine Technologies Inc., Blueye Robotics AS, Hydromea AG, Underwater Dynamics Pty Ltd., Triton Submarines LLC.

North America was the largest region in the fishing drones market in 2023. The regions covered in the fishing drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fishing drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Fishing drones typically denote unmanned aerial vehicles (UAVs) or remotely operated vehicles (ROVs) equipped with specialized fishing gear or tools intended for various fishing purposes, encompassing recreational fishing, commercial fishing, and research activities. These drones are purpose-built to assist fishermen in capturing fish from remote or challenging-to-reach locations, including shorelines, cliffs, or offshore areas.

The primary types of fishing drones are categorized as fixed-wing and rotary-wing. Fixed-wing drones are unmanned aerial vehicles (UAVs) equipped with rigid wings, designed to fly in a manner similar to traditional airplanes. These drones are further classified based on their capacities, such as below 1 kg, 1-2 kg, and above 2 kg. They find applications in various fields, including commercial fishing, recreational fishing, and other related activities.

The fishing drones market research report is one of a series of new reports that provides fishing drones market statistics, including fishing drones industry global market size, regional shares, competitors with a fishing drones market share, detailed fishing drones market segments, market trends and opportunities, and any further data you may need to thrive in the fishing drones industry. This fishing drones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fishing drones market consists of sales of products such as multirotor drones, hybrid drones, cameras, sonar systems, sensors, and bait deployment mechanism tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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