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.
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 IntelligenceReport 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
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. MALAYSIA DRONE MARKET BY COMPONENT
6. MALAYSIA DRONE MARKET BY PRODUCT TYPE
7. MALAYSIA DRONE MARKET BY EU CLASSIFIED WEIGHT CLASS
8. MALAYSIA DRONE MARKET BY APPLICATION
9. MALAYSIA DRONE MARKET BY STATE
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
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
Report Attribute | Details |
---|---|
No. of Pages | 85 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 4.92 Billion |
Forecasted Market Value ( USD | $ 12.99 Billion |
Compound Annual Growth Rate | 21.4% |
Regions Covered | Malaysia |
No. of Companies Mentioned | 10 |