Aerial Robot Market

Aerial Robot Market Analysis by Remotely Piloted and Fully Autonomous for Filming & Photography, Inspection & Maintenance, Mapping & Surveying, and Others from 2023 to 2033

Analysis of Aerial Robot Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Aerial Robot Market Outlook (2023-2033)

The aerial robot market is estimated to reach valuation of US$ 8,364.0 Million in 2023 and will top US$ 57,205.8 Million by 2033, growing with a CAGR of around 21.2% from 2023-2033.

In 2023, the global robot market is estimated to be valued around US$ 38,654 million. Aerial robot is a vital segment of the total robot market. In terms of value, sales of aerial robots accounted for nearly 21.6% share of the global robot market at the end of 2022.

Report Attributes

Details

Aerial Robot Market Size (2022A)

US$ 6,590.8 Million

Estimated Market Value (2023E)

US$ 8,364.0 Million

Forecast Market Value (2033F)

US$ 57,205.8 Million

Global Market Growth Rate (2023-2033)

21.2% CAGR

North America Market Share (2023)

32.1%

North America Market Value (2023)

US$ 2,685.7 million

Europe Market Share (2023)

36.1%

Europe Market Value (2023)

US$ 3,021.1 million

China Market Share (2023)

13.8%

China Market Value (2023)

US$ 1,153.5 million

Market Share of Top 3 Countries

48.3%

Key Companies Profiled

  • AIRIAL ROBOTICS
  • AeroVironment, Inc.
  • AirRobot®
  • DJI
  • Exyn Technologies
  • Infinium Robotics
  • MICRODRONES
  • NEVA Aerospace
  • Parrot Drone SAS
  • Robot Aviation
  • Shield AI.
  • Skydio, Inc.
  • Tesla VTOL Aircraft Company, Inc.
  • Wingtra
  • Yuneec Holding Ltd. Company

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Sales Analysis of Aerial Robot (2018-2021) Vs. Market Outlook (2023-2033)

An aerial robot, commonly known as an unmanned aerial vehicle is also popularly known as a drone. The research community as well as businesses from many industry sectors have both shown an increased interest in creating aerial robotic vehicles with perching and gripping capabilities.

Standard multi-copter vehicles and drones, hybrid-wing or fixed-wing devices, and autonomous helicopters, are all examples of aerial robots. These gadgets use a variety of techniques to accomplish grabbing and perching techniques in an efficient manner.

Aerial robots' ability to perch and grasp is essential for interacting with the environment and carrying out a variety of difficult activities. This opens up new possibilities for applications including search and rescue, autonomous package delivery, and distant or hazardous environment assessment. Hence, the aerial robot market is poised to grow exponentially in the forthcoming period.

  • Short Term (2023 Q1 to 2026): Increasing end use application in different industry will aid aerial robot market growth.
  • Medium Term (2026- 2029): North America, East Asia and Europe is anticipated to witness comparatively high aerial robot demand due to increasing demand for surveillance for various industries.
  • Long Term (2029- 2033): Integrating new advanced technology for improving the efficiency and cost-effectiveness of the product can open doors to new opportunities for the aerial robot market.

From 2018 to 2022, the global market for aerial robot registered a CAGR of 13.6%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 21.2% CAGR between 2023 and 2033.

Aerial robots market value CAGR, size and forecast by Fact.MR

Market share analysis of aerial robot based on region application is provided in the above image. Under the application segment, filming & photography sub-segment dominates with 22.4% market share in 2023.

What’s Driving High Demand for Aerial Robot across Regions?

“Growing wind turbine installations leading to its inspection services will bolster the demand for aerial robots”

Robotic technology is revolutionizing the widespread wind power industry. Wind turbines, by their nature, are high above the ground, making the inspection a challenging task. Workers have to risk their lives to scale high-rise platforms to shut down power generation and to inspect wind turbines.

UAVs serve as a good alternative to be used and can perform inspections on turbine operations without endangering people. Wind turbine installation and maintenance can be streamlined with UAV- aerial robot. Each stage of the installation project including the initial land survey as well as its further maintenance can be assisted by aerial robots.

There are many countries that are installing wind turbines on a large scale as an alternative energy source. The U.S. has the second largest wind farm in the world, Alta Wind Energy Center in California with a capacity of 1,548 MW. At 24.9 GW, Texas alone produces a quarter of the U.S. wind power and supplies more wind power than 25 other U.S. states together.

Germany, for example, has completed 136 new wind turbine installations and it as a whole contributes 28% of all offshore installations in the country. Considering such extensive demand for wind turbines across the globe will also drive the demand for aerial robots for inspection services.

“Substantial impact of robotics on agriculture & forestry to compliment market growth”

With a growing world population, increasing urbanization, and dramatic changes in consumption habits, people's demand for food is rising rapidly. Moreover, the impacts of climate change also affect the demand for food. On the other hand, the demand for forest products and the need for forest conservation are also rapidly increasing.

Robotic technology has a huge impact on the agriculture and forestry industries. Farmers recognize the need for automated vehicle (UAV) guidance to minimize damage to soil growth zones. Automated handling, collection, and processing of agricultural goods, with considerable instrumentation and mechanization of livestock management is now popularizing.

A combination of global positioning satellites (GPS) and computer vision allows the tractor to follow rows of crops and turn headlands at the end of rows. Automating routine surveillance of vast forest areas while mapping and locating other components will lead to a significant change in the forest industry in the future. Owing to the considerable use of robotics in agriculture and forestry, the demand for aerial robots will definitely rise in the forecast period.

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What Do Aerial Robot Manufacturers Need to Watch Out?

“Air traffic management challenges can act as a restraining factor for market growth”

In military, commercial, industrial, logistics, and civilian uses, aerial robots are frequently used on a global scale. In recent years, significant limitations on UAV flights have come into effect on the industry and its end users in many countries.

The flight environment in low-altitude airspace keeps getting more complicated as aerial robot technology develops rapidly. The main issue is the considerable air traffic, especially in areas with dense populations where unregistered and registered aerial robots are operating at the same time. For organizations operating in the important infrastructure sector, this raises serious safety and privacy concerns.

The robot industry has difficulty with the lack of air traffic control infrastructure required for safe flight operations in designated airspace. Integrated air traffic control can lessen operational challenges and improve aerial robot/ UAV security.

The government and regulatory bodies of certain countries like the U.S. are imposing certain restrictions on the usage of UAVs and aerial robots. All of these issues are impeding the market's expansion.

Country Wise Analysis

How U.S. Aerial Robot Market will grow?

UAV LIDAR and photogrammetric imaging applications are growing rapidly for various applications. This is because; using the GPS-enabled UAV for aerial surveys is cost-effective as compared to renting an aircraft with photogrammetry equipment.

The U.S. film industry is approximately worth US$ 95.4 billion in 2022 and this industry has extensive use of UAVs for producing high-quality movies and capturing scenes from various directions.

Additionally, the construction industry contributes significantly to the U.S. economy. The industry employs over 7.6 million people and therefore generates revenue of nearly US$ 1.4 trillion each year. The construction industry is one of the largest customers of aerial robots and their services. The U.S. construction sector market size was around US$ 1.6 trillion in 2021.

The U.S. will witness constant demand for aerial robots and UAVs in the long run due to its rapidly growing film and construction industries. The country will capture a regional market share of 92.1% in 2023.

How Market for Aerial Robot is Estimated to Rise in China?

China's civil aviation regulator has proposed a roadmap for the development of the civil drone industry, hoping to promote its use in urban logistics and ultimately long-distance freight transport. Plans proposed by China's civil aviation authority include improved regulations and increased airspace capacity for civilian UAVs.

Several companies in China have been using aerial robots such as drones and boxes on wheels to deliver packages for years. Furthermore, China also leads the agriculture industry across the world. The importance of aerial robots and UAVs in the agriculture sector is quite popular. With such growth factors in China, the Chinese aerial robot market will grow at an impressive CAGR and value at US$ 1,153.5 million in 2023.

Category wise Insights

How Utilization of Aerial Robots for Law Enforcement Will Lead to Market Growth?

Law enforcement agencies use versatile aerial robots to assist with rapid mapping, instant response, and reconnaissance to facilitate informed action while maximizing the safety of officers and bystanders. Aerial robots and UAVs assists in creating mission situational awareness by providing the leaders with accurate real-time insights during the entire mission so they can make decisions with confidence.

As criminals become more sophisticated in today's era, law enforcement is catching up with its speed. Fortunately, developers are responding to these needs by inventing innovative software/ tools/ products designed to fight crime. In 2022, the usage of robotics in law enforcement is approximately US$ 5.7 billion.

AI and crime solutions are also converging with the emergence of rapid identification systems that give law enforcement officers access to public records, large important data, and other records to quickly retrieve a suspect's criminal record. Robots, UAVs, and other AI technologies have the potential to prevent and respond to crime more effectively.

Considering the faster adoption of these types of technologies can save lives by removing humans from situations and replacing them with machines. Also, they can provide clear and effective surveillance of the urban cities during the time of collective gatherings. The aerial robot for security and law enforcement will capture a market share of 16.1% in 2023.

How Aerial Robots for Delivery Application Will Contribute to Rise in Market?

Aerial robots/unmanned aerial systems are becoming increasingly popular in modern logistics operations. These UAVs carry groceries, medicines, parcels, and other household items. Such operations are gaining traction in last-mile delivery due to their environmental friendliness operations, accuracy, shorter delivery times than conventional delivery channels, and reduced operating costs.

The logistics and retail industries are investing in and using robot technology to implement scalable and alternative delivery models. Industry giants such as UPS, DHL, Walmart, and Amazon have already implemented drone delivery services on their platforms. Integration with these technologies enables faster, more efficient, and more accurate delivery to customers.

End-user industries such as healthcare, e-commerce, and groceries benefit greatly from these advanced technologies, where orders reach customers directly from designated locations, bypassing governments. The massive growth of the global e-commerce industry has increased the demand for drone delivery services around the world. Therefore, the demand for aerial robots for the delivery application will garner a market value of US$ 853.1 million in 2023.

Competitive Landscape

Fact.MR profiled the following top companies in aerial robot market in its report. Those companies are AIRIAL ROBOTICS, AeroVironment, Inc., AirRobot® , DJI , Exyn Technologies, Infinium Robotics, MICRODRONES, NEVA Aerospace, Parrot Drone SAS, Robot Aviation, Shield AI., Skydio, Inc., Tesla VTOL Aircraft Company, Inc., Wingtra and Yuneec Holding Ltd. Company.

Manufacturers of aerial robots are actively engaged in accommodating the surge in demand for robotics in different applications. Aerial robots and UAVs are gaining traction today because of their ease of integration and extensive applications in many end use industries.

Fact.MR has provided detailed information about the price points of key manufacturers of aerial robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Aerial Robot Industry Research

  • By Operation :

    • Remotely Piloted
    • Fully Autonomous
  • By Application :

    • Filming & Photography
    • Inspection & Maintenance
    • Mapping & Surveying
    • Precision Agriculture
    • Surveillance & Monitoring
    • Delivering
    • Others
  • By End Use Industry :

    • Agriculture & Forestry
    • Delivery & Logistics
    • Media & Entertainment
    • Construction & Mining
    • Oil & Gas
    • Security & Law Enforcement
    • Recreational Activity
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia and Oceania
    • Middle East & Africa

- FAQs -

What will be the valuation of aerial robot market in 2033?

The market is likely to reach a valuation of US$ 57,205.8 Million by the end of forecast period.

What will be the valuation of remotely piloted sub-segment of operation type in 2023?

The remotely piloted sub-segment is likely to reach a valuation of around US$ 5,458.3 Million in 2023.

What is the CAGR of East Asia and market share of Japan in the region for aerial robot market?

East Asia is poised to grow at an impressive CAGR of 22.4% and Japan is expected to garner a market share of 16.3% in 2023.

Which region will dominate the value generation in overall market?

Europe region holds the leading market share of around 36.1% in 2023 by valuing at US$ 3,021.1 million and presumed to increase in same growth curve by the end of 2033.