How big is the Europe Drones Market?

The Europe Drones Market size is expected to reach USD 7.32 billion in 2024 and grow at a CAGR of 8.62% to reach USD 11.07 billion by 2029. Read More

What is the current Europe Drones Market size?

In 2024, the Europe Drones Market size is expected to reach USD 7.32 billion. Read More

Who are the key players in Europe Drones Market?

Azure Drones, SAS, Parrot Drones, Onyx Scan Advanced LiDAR systems, AltiGator Unmanned Solutions and Terra Drone Corporation are the major companies operating in the Europe Drones Market. Read More

What years does this Europe Drones Market cover, and what was the market size in 2023?

In 2023, the Europe Drones Market size was estimated at USD 6.74 billion. The report covers the Europe Drones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Drones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Drones Market Share

Statistics for the 2023 & 2024 Europe Drones market share, created by Mordor Intelligence™ Industry Reports. Europe Drones share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Drones Industry

The Europe drones market is highly fragmented, with several players accounting for significant shares in the market. Some of the prominent companies in the Europe drones market are Azure Drones SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR Systems, and AltiGator Unmanned Solutions. The companies are spending heavily on improving technology and introducing new features in drones to support various commercial applications. For instance, in June 2021, the European drone manufacturer Parrot launched its ANAFI Ai, the first drone to use 4G as the main data link between the drone and the operator, which uses ANAFI Ai's 4G connectivity to enable precise control at any distance. For Beyond Visual Line of Sight (BVLOS) flights, the drone stays connected even behind obstacles. The launch of such advanced drones for various applications is anticipated to help companies expand their presence in the region. Furthermore, with the ease in drone regulations, many companies are entering the drones industry of Europe, which is expected to further increase the competition among the players in the future.