Lucintel's latest market report analyzed that earth observation drone provides attractive opportunities in the military, civil government, and commercial market. The earth observation drone market is expected to reach $XX billion by 2028 with a CAGR of 6% to 8%. In this market, rotor-wing is the largest segment by drone type, whereas commercial is largest by end use.
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Based on drone type, the earth observation drone market is segmented into fixed-wing and rotor-wing. The rotor-wing segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to excellent aerial operations, easy vertical takeoff, and landing,
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The Earth Observation Drone Market is marked by the presence of several big and small players. Some of the prominent players offering earth observation drone include DJI, Parrot Drone SAS, Lockheed Martin Corporation, AeroVironment, General Atomics Aeronautical Systems, Northrop Grumman Corporation, Embention, Hubsan, INSITU, Autel Robotics, and AgEagle Aerial System.
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