The European drones market is projected to record a CAGR of more than 11% during the forecast period.
- With the advancements in drone technologies, drone manufacturers are now providing a wide range of drone models in various sizes, weights, and payload carrying capabilities to support the broad range of commercial applications.
- The changes in drone regulations made by the European Union Aviation Safety Agency (EASA) are supporting the deployment of drones in various sectors, like infrastructure, agriculture, transport, entertainment, and security.
- However, factors, like strict regulations for beyond the visual line of sight operations of drones, security and safety concerns, and lack of trained pilots, are anticipated to hamper the growth of the market during the forecast period.
Key Market Trends
Construction Segment Held the Highest Share in 2019
The construction segment held the highest market share in 2019. Drones are changing the ways used for surveying land and fields traditionally. Drone surveying is also known as an aerial survey. Aerial surveys are popular in the industry, as they provide a faster, safer, and cost-efficient way to survey at heights. Engineers are preferring aerial surveys for bridge inspection, roof inspection, and large building construction. By eliminating manual at-height working, they reduce risk and enhance safety while working at high construction sites, as they enable construction engineers to take vital decisions. With the implementation of LIDAR or laser scanning sensor payloads, drones started providing detailed digital models of landscape, vegetation, buildings, and other assets. In June 2019, Ordnance Survey, the national mapping agency for the United Kingdom, employed Terra Drone Europe, to provide UAV-based orthomosaic digital terrain models (DTM) and digital surface models. With the growing demand for aerial surveying in the construction sector, several mapping and surveying drone service providers are procuring new drones with required payload, in the region. These factors are anticipated to propel the growth of the segment in the coming years.
The United Kingdom has the Largest Share in the Market
The United Kingdom was the largest market for drones in Europe in 2019. Drones are playing a growing role in several areas, such as emergency services and construction. The UK government, in collaboration with the Civil Aviation Authority (CAA), is supporting the use of drones to meet personal needs. The number of drone operators in the country grew rapidly over the past five years. In 2014, there were about 400 commercial drone operators in the country. However, as of October 2019, there are more than 5,000 operators. In 2018, five cities (Bradford, London, Preston, Southampton, and West Midland) across the United Kingdom took part in the Nesta initiative, which aimed to engage local authorities and businesses in integrating drones into public services and other commercial opportunities. Further, in March 2020, with the rise of the COVID-19 pandemic in the country, the UK government launched a fast track trial for the delivery of vital medicines from the British mainland to the Isle of Wight using drones. Such initiatives from the private and public sectors are anticipated to accelerate the penetration of drones in the UK airspace during the forecast period.
The European drones market is highly fragmented, with several players accounting for significant shares in the market. Some of the prominent companies in the European 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 September 2019, Parrot Drones introduced a drone with a smartphone-powered first-person view. The camera is powered with 4K HDR 21 megapixel camera and comes with long-lasting battery life, which can be used for shooting advertisements and other entertainment applications. 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.
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