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Malaysia Drone Market - Forecasts from 2025 to 2030

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    Report

  • 85 Pages
  • December 2024
  • Region: Malaysia
  • Knowledge Sourcing Intelligence LLP
  • ID: 5987200
The Malaysia drone market is expected to grow at a CAGR of 21.42%, reaching a market size of US$12.99 billion in 2030 from US$4.92 billion in 2025.

The drone market in Malaysia is growing as drones are increasingly gaining attention among the younger generation and are now seen as exciting recreational options to try. People operate drones for various activities, such as getting breathtaking shots and creating videos (aerial photography and cinematography), entertainment purposes and fun, delivery, and many others. Furthermore, there are sectors like agriculture, military, mining, construction, and many others, where drones are utilized in the country for numerous purposes.

Moreover, the Malaysian government is also supporting thedrone market growth while establishing regulations to ensure safe drone operations. These guidelines increase people's assurance in utilizing and investing in drones. Comprehensively, Malaysia's drone market is getting increasingly fascinating, with new developments and innovations being introduced regularly.

Further, the increasing demand for drones in various industries has also increased the market demand and also increased the growth of various other industries. As stated by the World Bank, after the slowdown in Malaysian industries, there has been significant growth in recent years. For instance, the value added by the industries in percentage of GDP increased from 37.72% in 2021 to 39.10% in 2022. This growth is anticipated to majorly impact the drone industry in the region.

Malaysia drone Market Drivers

Increasing advancements in artificial intelligence (AI) and IoT are expected to drive the overall market growth

With the advent of the Internet of Things (IoT), artificial intelligence (AI), and data analytics, the use and applications of drones have grown beyond aerial photography, package delivery, and dazzling drone light displays. Scope for enhancement and advancement of drone technology is envisaged for many sectors, including energy, agriculture, and oil and gas. Due to their manifold merits, drone cameras are expected adopted by both the government and the general public. It is projected that the IoT sector will contribute RM 42.5 billion to GDP by 2025, according to MAMPU. The government stood to gain by investing more in technology as the returns on the Internet of Things (IoT) in the country were increasing even though imports have gone dramatically high.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Malaysia drone market is segmented and analyzed as follows:

By Component

  • Hardware
  • Software

By Product Type

  • Fixed Wing Drone
  • Rotary Blade Drone
  • Hybrid Drone

By EU Classified Weight Class

  • C0
  • C1
  • C2
  • C3
  • C4
  • Others

By Application

  • Commercial Drone
  • Government
  • Energy
  • Military and Defense
  • Construction
  • Agriculture
  • Security and Surveillance
  • Others
  • Consumer Drone
  • Hobby and Gaming
  • Aerial Photography

By State

  • Johor

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. MALAYSIA DRONE MARKET BY COMPONENT
5.1. Introduction
5.2. Hardware
5.3. Software
6. MALAYSIA DRONE MARKET BY PRODUCT TYPE
6.1. Introduction
6.2. Fixed Wing Drone
6.3. Rotary Blade Drone
6.4. Hybrid Drone
7. MALAYSIA DRONE MARKET BY EU CLASSIFIED WEIGHT CLASS
7.1. Introduction
7.2. C0
7.3. C1
7.4. C2
7.5. C3
7.6. C4
7.7. Others
8. MALAYSIA DRONE MARKET BY APPLICATION
8.1. Introduction
8.1.1. Commercial Drone
8.1.2. Government
8.1.3. Energy
8.1.4. Military and Defense
8.1.5. Construction
8.1.6. Agriculture
8.1.7. Security and Surveillance
8.1.8. Others
8.2. Consumer Drone
8.2.1. Hobby and Gaming
8.2.2. Aerial Photography
9. MALAYSIA DRONE MARKET BY STATE
9.1. Introduction
9.2. Johor
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1 . Alphaswift Industries Sdn.
11.2 . Aerodyne Group
11.3 . Strat Aero Malaysia Sdn Bhd
11.4 . Terra Drone Technology Malaysia Sdn. Bhd. (Terra Drone Corp.).
11.5 . Braintree Technologies
11.6 . Vortex Edge Sdn Bhd
11.7 . Meraque Services Sdn Bhd.
11.8 . Aonic Sdn Bhd.
11.9 . Dji Sunway Pyramid (Dji)
11.10 Parrot Drone Sas.

Companies Mentioned

  • Alphaswift Industries Sdn.
  • Aerodyne Group
  • Strat Aero Malaysia Sdn Bhd
  • Terra Drone Technology Malaysia Sdn. Bhd. (Terra Drone Corp.).
  • Braintree Technologies
  • Vortex Edge Sdn Bhd
  • Meraque Services Sdn Bhd.
  • Aonic Sdn Bhd.
  • Dji Sunway Pyramid (Dji)
  • Parrot Drone Sas.

Methodology

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Table Information