Surveillance Drones: A Growing Demand and Positive Outlook

There is a global growing demand and a positive outlook for surveillance drones between 2019-2027.

A market research report published by BusinessWire in June this year noted: the Global Drone Surveillance market accounted for $64.63 million in 2019 and is expected to reach $256.45 million by 2027 growing at a CAGR of 18.8% during the forecast period.

Another more recent market research shows that demand for unmanned aerial vehicles or multirotor drones, for whatever use, is growing and the drones market enjoys a positive outlook. Here is an excerpt from the report:

According to Stratistics MRC, the Global Multirotor Drones Market is accounted for $1.90 billion in 2019 and is expected to reach $8.27 billion by 2027 growing at a CAGR of 20.2% during the forecast period.[…] Some of the key factors propelling the market growth include increasing need for quick access to mission critical locations, increasing use of UAVs in the military and law enforcement applications, and technological advancements to improve working of multirotor drone.

Drones are unmanned aerial vehicles that can be equipped with high definition, live-feed video cameras, thermal infrared video cameras, heat sensors, and radar—all of which allow for sophisticated and persistent surveillance. – Read more here.

Surveillance drones are applicable in many industries, not only in the military.

When there is a need to provide security and ensure the safety of groups of people or sensitive locations, drone surveillance is the ultimate solution. This is especially true in cases such as mining or construction sites which require real-time monitoring and rapid response to ensure safety and security. – Read more here.

One such surveillance drone is the “Baby Shark” drone in the UK, designed for search and rescue operations.

The remotely controlled aircraft – which some have given the unofficial nickname of “baby shark” – will provide safety flight patrols over north Wales. The trial follows three-months of testing at Caernarfon in Gwynedd. – Read the full story here.

Meanwhile, some are interested in surveillance drones for their military use.

The United States is negotiating the sale of at least four of its large sophisticated aerial drones to Taiwan for the first time, according to six U.S. sources familiar with the negotiations, in a deal that is likely to ratchet up tensions with China. The SeaGuardian surveillance drones have a range of 6,000 nautical miles (11,100 km), far greater than the 160-mile range of Taiwan’s current fleet of drones. – Read in full here.

As Russia’s military activities in the Baltic and Black seas are mounting pressure on NATO’s eastern flank, a number of Eastern European countries are developing programs to acquire unmanned aerial vehicles for their militaries. – Read full story here.

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