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.

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Global Tethered Drones Market: Competition Landscape

Elistair

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.

SKY SAPIENCE

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.

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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:

  • Component
  • Application
  • End-use Industry
  • Region

Global Tethered Drones Market, by Component

In terms of component, the global tethered drones market can be classified into:

  • Camera
  • Battery
  • Tether Cable
  • Drone Platform
  • Controller System
  • Others

Global Tethered Drones Market, by Application

On the basis of application, the global tethered drones market can be segregated into:

  • Surveillance
  • Imaging
  • Mapping
  • Others

Global Tethered Drones Market, by End-use Industry

In terms of end-use industry, the global tethered drones market can be bifurcated into:

  • Military
  • Commercial

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
  • Europe
  • 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?

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.

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