Firefighting Drones Market 2024 - By Industry Analysis, Competitive Landscape, Growth Factors, Revenue And Outlook By 2033

The new report published by The Business Research Company, titled ""Firefighting Drones Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the firefighting drones market size has grown rapidly in recent years. It will grow from $1.20 billion in 2023 to $1.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The firefighting drones market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.

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Fire-Born Surge Propels Growth Of The Firefighting Drones Market
The growing number of fire-born incidents is expected to propel the growth of the firefighting drones market going forward. Fire-born incidences typically refer to events or situations that arise directly from fire or are closely associated with it. The growing number of fire-related incidents is influenced by factors such as climate change, poor forest management, invasive species, infrastructure issues, and arson. Firefighting drones aid in fire-born incidents by providing real-time aerial surveillance, delivering timely data to firefighters, deploying fire retardants, and accessing difficult-to-reach areas, enhancing overall firefighting efficiency and safety. For instance, in February 2023, according to reports published by the UK National Statistics, a UK-based statistics authority, fire and rescue services responded to 620,758 incidents in the year ending September 2022, marking a 16% rise from the preceding year's figure of 537,423. This escalation is linked to a 44% surge in secondary fires and a 63% increase in outdoor primary fires, a consequence of the hot, dry summer in 2022. Therefore, the growing number of fire-born incidents is driving the growth of the firefighting drones market.

Innovations In Advanced Unmanned Aerial Vehicles And High-Payload Prototypes
Major companies operating in the firefighting drone market are focused on developing innovative solutions, such as high-payload firefighting models, to enhance firefighting capabilities and address challenging scenarios more effectively. High-payload firefighting models are utilized to efficiently combat fires by providing aerial surveillance, delivering water or fire retardants, and accessing hard-to-reach areas, enhancing overall firefighting effectiveness and safety. For instance, in November 2023, eVTOL, a US-based electric aircraft manufacturing company, launched a high-payload firefighting program and released a fully functional prototype. The firefighting model is designed to lift a 400-kilogram payload over a distance of up to 200 kilometers and can reach speeds over 200 km/h. It can transport four high-performance fire-extinguishing canisters, each weighing 100 kg, with the capacity to extinguish fires covering up to 200 square meters individually. This means that in a single payload, the four canisters can collectively extinguish fires spanning up to 800 square meters.

The firefighting drones market covered in this report is segmented -

1) By Type: Fixed-Wing Drones, Multi-Rotor Drones, Single Rotor Helicopter Drones
2) By Size: Micro Drones, Macro Drones
3) By Propulsion: Electric Motor, Piston Engine, Solar Powered, Other Propulsions
4) By Application: Scene Monitoring, Search And Rescue, Post Fire Or Disaster Assessment, Firefighting
5) By Industry: Corporates, Hospitality, Education, Military And Defense, Government, Energy And Utilities

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Major companies operating in the firefighting drones market are Lockheed Martin Corporation, L3Harris Technologies Inc., Teledyne Technologies Incorporated, AeroVironment Inc., Yuneec International Company Limited, Skydio Inc., SZ DJI Technology Co. Ltd., Parrot SA, Vimal Fire Controls Pvt. Ltd., Quantum Systems, Guangzhou Walkera Technology Co. Ltd., PrecisionHawk Inc., Delair Tech SAS, Aerones SIA, senseFly SA, Kespry Inc., Elistair SAS, DSLRPros LLC, BSS Holland BV, Dronefly Inc., Draganfly Innovations Inc., Drone Amplified Inc., 3D Robotics Inc., CyPhy Works, EHang Holdings Limited

Contents of the report:
1. Executive Summary
2. Firefighting Drones Market Report Structure
3. Firefighting Drones Market Trends And Strategies
4. Firefighting Drones Market - Macro Economic Scenario
5. Firefighting Drones Market Size And Growth
…..
27. Firefighting Drones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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