Global Tethered Drones Market: Introduction
Tethered drone is a low cost tether unmanned aerial vehicle designed for military and commercial operations. Tethered drones consist of multiple components: camera, sensors, battery, tethered cable, drone platform, and controller system. These drones can operate on battery for several hours and with technological advancements, they are operational via technologies, such as the internet and GPS for hours, days, and weeks. The introduction of such technologically advanced drones is helpful to shift power management system of the drone from conventional battery with limited battery backup to high-performing cable using a battery backup with unlimited flight time. Cables used in tethered drones are made of the polytetrafluoroethylene (PTFE) material with high temperature ratings and significant amount of payload carrying capacity, owing to which, they are preferred in rescue operations. Tethered drones are used in various applications such as surveillance, imaging, rescue operation, sporting events, and mapping.
To understand how our report can bring difference to your business strategy, Ask for a brochure
Global Tethered Drones Market: Competition Landscape
Elistair is headquartered in Champagne-Au-Mont-D’or, France. The company designs and manufactures tethered base stations for commercial drones. In April 2019, the company launched the Light-T version 4, the new generation of rugged and compact tethered drone system at the XPONENTIAL 2019 held in Chicago, Illinois, the U.S.
Hoverfly Technology Inc.
Founded in 2010, Hoverfly Technology Inc. is headquartered in Orlando, Florida, the U.S. The company designs and manufactures tethered powered drones for military and commercial applications. In September 2018, the company introduced a new tethered LiveSky SENTRY drone, which can operate in all-weather conditions in military application.
Founded in 2010, SKY SAPIENCE is headquartered in Yokneam, Israel. The company designs and manufactures tethered drones for use in military applications. The company invests heavily in R&D, developing new technologies and expanding its product portfolio.
Key players operating in the global tethered drones market are Hoverfly Technology Inc., Elistair, SKY SAPIENCE, Drone Aviation, UAVTEK, Yuneec, Azur Drones, Novadem, and ECA Group.
Expanding operations in future? To get the perfect launch ask for a custom report
Global Tethered Drones Market: Dynamics
Rise in Popularity of Tethered Drones for Use in Various Applications
The use of tethered drones is significant in commercial applications, including monitoring, mapping, imaging, and rescue operations. In hazardous conditions, such as natural disasters and emergency situations, the use of tethered drones is helpful to provide real-time images in all weather and light conditions with the help of high resolution cameras. Moreover, cables used in these drone systems have significant amount of load carrying capacity and high temperature rating due to which they are increasingly being employed in critical conditions. Furthermore, tethered drones are being used for news coverage and sporting events to enhance visual experience. Additionally, tethered drones are available at low cost, owing to which, the popularity of these drones is increasing in commercial applications. As a result of these factors, tethered drones are increasingly being used in multiple commercial applications, which is one of the major factors driving the global market. However, the use of conventional battery powered tethered drones offer low flight time for surveillance application, which is expected to hinder the growth of the market.
Global Tethered Drones Market: Segmentation
The global tethered drones market can be divided based on:
- End-use Industry
Global Tethered Drones Market, by Component
In terms of component, the global tethered drones market can be classified into:
- Tether Cable
- Drone Platform
- Controller System
Global Tethered Drones Market, by Application
On the basis of application, the global tethered drones market can be segregated into:
Global Tethered Drones Market, by End-use Industry
In terms of end-use industry, the global tethered drones market can be bifurcated into:
The report on the global tethered drones market is a compilation of first-hand information, qualitative and quantitative assessment by market analysts, and inputs from market experts and market participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness of each segment. The report also maps the qualitative impact of various factors on different segments of the market across regions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.