Autonomous Drone Market Set to Witness an Uptick during 2023 to 2030
The global autonomous drone market size was valued at USD 15.5 billion in 2022. The market is projected to grow from USD 15.5 billion in 2022 to USD 56.5 billion by 2030, exhibiting a CAGR of 20.30% during the forecast period.

Read Comprehensive Overview of Report @ https://marketsnresearch.com/report/1645/global-autonomous-drone-market

During the forecast period, there will be a rise in the use of autonomous drones for a range of security and commercial operations, as well as a demand for drones that can operate for longer periods with less downtime. There will also be an increase in the use of wireless power transfer in contemporary technological devices, as well as in efforts to increase drone efficiency by extending the battery life. Increased demand for autonomous drones to monitor infrastructure in both developed and developing nations and for drones that can recharge themselves without cables or human assistance are further reasons boosting the market's expansion.

Commercial Drone Applications Can Boost Sales of Autonomous Drone

The use of drones to gather sizeable amounts of data required for the intended strategic decisions has been reported across numerous industries. It has turned out to be the market with the fastest growth rate due to its wide range of uses in the commercial sector, including the building, mining, oil & gas, and agricultural sectors. The commercial use of mapping, observation, surveying and inspection studies is widely used. Therefore, the construction sector is projected to offer a sizeable opportunity for market expansion. Due to the growing use of commercial drones, the industry is anticipated to expand in the approaching years.

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Pub: 28 Feb 2023 12:38 UTC
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