AI in drone market is expected to grow at a moderate rate during the forecast period 2019-2025. Advancements in technology have led many industries to improvise in their fields globally. AI in Drone is one of those advancements which will enhance the operations of various industries across the globe. AI is going to play a very primary role in changing the pattern of the manufacturing process of drones in the digital camera industry. The digital camera manufacturer’s focus will now shift towards improving the performance of film and photography through applied AI in drones and improving the consumer experience. AI integrated drones enable various industries to keep a bird-eye view of the land for vigilance & mapping purpose. The use of AI can also improve surveillance across borders, wildlife, and agriculture.
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The rising adoption of smartphones and increasing demand in aerial and drone services are driving factors for implementing AI in drone across the globe. The drones are being used in various sectors such as agriculture, military and defense, media and entertainment, and others. The extensive application of drones across the industries has increased the expectations of the performance of drones. This has promoted the manufacturers to implement advanced technologies such as AI in these devices. However, with applied AI in drone, the cost of drones has quite increased, which can put a negative impact on the market’s growth.
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There are various companies involved in (Artificial Intelligence) AI in drone market such as DRONE Aviation Corp., DroneBase, Inc., DroneCast Inc., DroneSense, Inc., Firmatek LLC, Fortem Technologies, Inc., Neurala, Inc., Optelos and so on. The companies are focused on developing advanced AI solutions to stay competitive in the market. Geographical expansion, merger & acquisition, finding a new market for innovation in their core competency in order to expand individual market share are some of the key strategies adopted by the major market players.
Global Artificial Intelligence in Drone Market- Segmentation
By End-User
- Agriculture
- Military and Defence
- Media and Entertainment
- Others (Construction Industry)
By Type
- Fixed Wing Drones
- Rotary Blade Drones
- Hybrid Drones
Global Artificial Intelligence in Drone Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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