The global drone maintenance market is expected to secure a valuation of US$ 72.7 million in 2023. During the forecast period of 2023-2033, demand for drone maintenance services is expected to increase at a CAGR of 27.5% and reach a market size of US$ 825.0 million by the end of 2033.
Drone utility is witnessed in every industry vertical which has lured the global production of drones. It is projected that after every 10 flights or 2 weeks drones required maintenance services. Owing to this factor, it is expected that global production of the drone will subsequently escalate the drone maintenance service worldwide.
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Key Takeaways from Market Study
· During 2023-2033, the market will expand with CAGR of 27.5%
· Among regions, East Asia exhibits fastest growth with CAGR of 28.7%
· Multi-Rotor holds about 67.0% of share in drone type segment.
· The global drone maintenance market growth was about 18.3% during 2018-2022.
“Growing drone utility in different industry verticals will create lucrative opportunities for the market growth,” says a Fact.MR analyst.
The drone maintenance market is highly fragmented with the introduction of various market players in the industry. These market players are taking favourable moves like service launches and mergers & acquisitions to enhance their global footprint and market share. This factor substantially attributing to the healthy development of the drone maintenance market.
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Competitive Landscape :
The business environment in the drone maintenance market is significantly competitive with the introduction of various new market players in the industry. These players are taking strategic moves regarding service launches and mergers & acquisitions to enhance their market presence. For instance,
- In September 2022, DJI, China’s leading drone manufacturer appointed dronetech startup Aonic as the first authorized service centre in Malaysia of DJI’s enterprises.
Key Companies Profiled :
- D1 Store
- DDS dronerepair
Segmentation of the Drone Maintenance Market
- By Drone Type:
- Fixed Wing
- By Service:
- By Region:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa