Firefighting Drone Market Research, 2031
The global firefighting drone market size was valued at $0.97 billion in 2021, and is projected to reach $2.4 billion by 2031, growing at a CAGR of 10.2% from 2022 to 2031. The firefighting drone market is majorly associated with scouting dangerous fires, search and rescue operations and contain spreading of fire. The drones are often equipped with propellers, high-definition camera, and fire extinguishing material. Advancements in technology followed by the need for efficient firefighting drones to ensure human safety and optimized operations has led to growth of firefighting drones.
Factors such as use of advanced drone packs to extinguish wildfire and increase in fire-related incidents in the oil & gas industry supplements the growth of the firefighting drone market by increasing demand for efficient firefighting drones. Moreover, delayed delivery of aircraft and high capital requirement creates barrier for growth for firefighting aircrafts, enabling drones to quickly supplement firefighting aircrafts as these drones have low acquisition cost, low maintenance cost and are easy to operate. However, entering into contract & agreements for long-term business opportunities and incorporation of new technologies to put out fire is expected to create ample opportunities for the growth of the market during the forecast period.
The firefighting drone market is segmented on the basis of type, size, propulsion, application and region. By type, the market is divided into fixed wing and multi-rotor. By size, the market is fragmented by micro drones and macro drones. By propulsion, the market can be categorized by electric motor, piston engine, and solar powered. By application, the market is categorized into scene monitoring, search and rescue, post fire or disaster assessment, and firefighting. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and LAMEA.
By Type
Multi-rotor is projected as the most lucrative segment.
Companies have adopted product development and product launch as their key development strategies in the firefighting drone industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The key players operating in the firefighting drone market include Lockheed Martin, L3Harris Technologies, Ehang, AeroVironment, Inc, DSLRPros , Dronefly , Drone Amplified, and BSS Holland B.V. among others.
By Size
Macro Drones is projected as the most lucrative segment.
Increase In Usage Of Drones to Extinguish Wildfire
Numerous companies have come up with aerial vehicles to fight with forest fires or building or industrial fires unlike all methods used to extinguish fire such as usage of fire trucks or human involved fire extinguishers. These drones carry chemical or fire retardants that at the press of a button are dropped at locations to extinguish wildfire. Moreover, these firefighting drones are designed in such a way that they can carry a huge amount of fire extinguishing components that can be spread over a huge area to stop fire from moving further. This increased maximum takeoff weight of drones creates wider scope for growth of the firefighting drone market across the globe.
Rising Fire-related Instances in the Oil & Gas Industry
Significant increase in fire related accidents, especially in the oil & gas industry increases demand for efficient safety measures along with the need for available firefighting drones to be present at nearby locations, which drives the firefighting drone market growth. Furthermore, stringent rules & regulations by governments along with technological advancements in firefighting technology also acts as driving factor for the market growth.
In addition, numerous companies as well as industry owners deploy active firefighting systems such as drones, which proves to be efficient in firefighting scenarios and at the same time are easy to operate. Such developments & technological advancements create a positive impact on the growth of the market across the globe.
By Propulsion
Electric Motr is projected as the most lucrative segment.
Limited Operational Range And MTOW Capacity
Majority of firefighting drones are small to medium in size and are battery operated. Navigation through extreme environment and conduction operations in such environment needs notable power source. Limited battery backup, followed by limited maximum takeoff weigh capacity as compared to firefighting aircrafts is serving as the biggest challenge in the firefighting drone market.
By Application
Scene Monitoring is projected as the most lucrative segment.
Delayed Deliveries of Aircraft
Manufacturing companies such as Boeing and Airbus receive bulk orders for different types of aircraft, which need to be completed within a shorter time span, owing to increase in demand for advanced aircraft. However, owing to dearth of skilled labor, deliveries take longer time. This delay causes a negative impact on operations of these companies, which eventually affects other related business.
For instance, in December 2019, GoAir cancelled more than 40 flights in a week stating delayed delivery of new aircraft by Airbus. Similar delayed delivery of aircraft is expected to hamper the industry financially, owing to late payments, which, in turn, is expected to hamper the global firefighting aircraft market in the long run.
By Region
North America would exhibit the highest CAGR of 11.3% during 2022-2031
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the firefighting drone market analysis from 2021 to 2031 to identify the prevailing firefighting drone market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the firefighting drone market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global firefighting drone market trends, key players, market segments, application areas, and market growth strategies.
Firefighting Drone Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 2.4 billion |
Growth Rate | CAGR of 10.2% |
Forecast period | 2021 - 2031 |
Report Pages | 278 |
By Type |
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By size |
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By Propulsion |
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By Application |
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By Region |
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Key Market Players | Draganfly Inc., Vimal Fire, BSS Holland B.V, EHang, Yuneec Holding Ltd. Company, Dronefly, Drone Amplified, DSLRPros, DJI, AeroVironment, Inc., Teledyne Technologies Incorporated, Elistair, L3Harris Technologies Inc, Skydio, Inc., Lockheed Martin Corporation, Guangzhou Walkera Technology CO., LTD. |
Analyst Review
According to leading CXOs, the increase in forest & industrial fire incidents taking place at regular time intervals has provided lucrative opportunities for growth of the firefighting drones market across the globe. Meanwhile, use of general aircrafts to extinguish wildfire is incurring notable operational and capital cost, allowing drones to rapidly supplement aircrafts. Moreover, rise in investments on building efficient and technically advanced drones for numerous applications are expected to provide lucrative opportunities for growth of the global market.
To fulfill the changing demand scenarios, market participants are concentrating on product launches to offer a diverse range of products and meet new business opportunities. In addition, market participants are continuously focusing on contracts and partnership efforts to match changing end-user requirements and improve the growth of the firefighting drone market.
Numerous companies have come up with aerial vehicles to fight with forest fires or building or industrial fires unlike all methods used to extinguish fire such as usage of fire trucks or human involved fire extinguishers. These drones carry chemical or fire retardants that at the press of a button are dropped at locations to extinguish wildfire. Moreover, these firefighting drones are designed in such a way that they can carry a huge amount of fire extinguishing components that can be spread over a huge area to stop fire from moving further. This increased maximum takeoff weight of drones creates wider scope for growth of the market across the globe.
Significant increase in fire related accidents, especially in the oil & gas industry increases demand for efficient safety measures along with the need for available firefighting drones to be present at nearby locations, which drives the market growth. Furthermore, stringent rules & regulations by governments along with technological advancements in firefighting technology also acts as driving factor for the market growth. In addition, numerous companies as well as industry owners deploy active firefighting systems such as drones, which proves to be efficient in firefighting scenarios and at the same time are easy to operate. Such developments & technological advancements create a positive impact on the growth of the market across the globe.
Manufacturing companies such as Boeing and Airbus receive bulk orders for different types of aircraft, which need to be completed within a shorter time span, owing to increase in demand for advanced aircraft. However, owing to dearth of skilled labor, deliveries take longer time. This delay causes a negative impact on operations of these companies, which eventually affects other related business. For instance, in December 2019, GoAir cancelled more than 40 flights in a week stating delayed delivery of new aircraft by Airbus. Similar delayed delivery of aircraft is expected to hamper the industry financially, owing to late payments, which, in turn, is expected to hamper the global firefighting aircraft market in the long run.
Among the analyzed regions, North America is the highest revenue contributor, followed by Asia-Pacific, Europe, and LAMEA. Asia-Pacific is expected to witness the highest growth rate during the forecast period.
The global firefighting drone Market was valued at $977.8 million in 2021, and is projected to reach $2,429.8 million by 2031, registering a CAGR of 10.2% from 2022 to 2031.
The key players operating in the market include Lockheed Martin, L3Harris Technologies, Ehang, AeroVironment, Inc, DSLRPros , Dronefly , Drone Amplified, and BSS Holland B.V. among others.
North America is the largest market for firefighting drone market.
Scene monitoring, search and rescue, post fire or disaster, assessment, and firefighting are among the primary application of firefighting drones.
The growth of firefighting drone market is driven by factors such as use of advanced drone packs to extinguish wildfire and the increase in fire-related incidents in the oil & gas industry supplements the growth of the market by increasing demand for efficient firefighting drones.
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