The drone sensor market is expected to be 1.4 billion in 2024 and reach USD 2.5 billion by 2029, at a CAGR of 12.1% between 2024 and 2029. The market for drone sensors is poised for growth, driven by several key factors. These include the escalating demand for higher-resolution imaging in mapping and surveying, the need for precise positioning for navigation, and the increasing use of drones in sectors such as agriculture, logistics, and commercial industries for tasks like payload delivery. Additionally, there's a rising requirement for advanced crop analysis in precision farming.
Major players in the drone sensor market are TE Connectivity (US), Drone Nerds Enterprise (US), RTX (US), Trimble Inc. (US), InvenSense (US), Bosch Sensortec GmbH (Germany), Spartan (US), ams-OSRAM AG (Austria), Teledyne FLIR LLC. (US), Hottinger Brüel & Kjær (HBK) (Denmark). Major strategies adopted by the company include product launches and development, expansions, collaborations, and acquisitions to compete in the drone sensor market. From January 2020 to April 2024, companies in the market have focused on organic strategies to expand the customer base in the market.
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Major Drone Sensor companies include:
Trimble (US)
Trimble Inc. is one of the leading providers of advanced positioning solutions and has made significant strides in drone technology, particularly in offering drone sensors and related solutions. Their offerings cater to various industries, including agriculture, construction, surveying, and mapping. In the realm of drone sensors, Trimble provides high-precision GNSS (Global Navigation Satellite System) receivers and inertial measurement units (IMUs) that enable accurate positioning and navigation for drones. These sensors are crucial for aerial mapping, surveying, and precision agriculture, where centimeter-level accuracy is essential.
Bosch Sensortec GmbH (Germany)
Bosch Sensortec, a division of the Bosch Group. In the realm of drone sensors, Bosch Sensortec offers a diverse portfolio of sensors tailored to meet the specific requirements of drone manufacturers and operators. One of Bosch Sensortec's key offerings for drones is its range of inertial measurement units (IMUs) and absolute orientation sensors. These sensors provide crucial data on the drone's orientation, acceleration, and angular velocity, enabling precise control and stabilization of the aircraft durng flight. This is essential for achieving stable flight performance and accurate navigation, particularly in challenging environmental conditions.
InvenSense (US)
InvenSense, a subsidiary of TDK Corporation, is a leading provider of motion sensing solutions, including MEMS (Micro-Electro-Mechanical Systems) sensors, for various industries, including consumer electronics, automotive, and industrial applications. While InvenSense's primary focus is on motion sensing technology, its offerings have relevance in the drone sensor market, particularly in providing sensors for stabilization, navigation, and control of unmanned drones. In the realm of drone sensors, InvenSense provides a range of MEMS-based motion sensors that are essential for enabling stable flight and precise control of drones.
Related Reports:
Drone Sensor Market by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region - Global Forecast to 2029
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