Market Definition
The concept of swarm drones is integrating & flying multiple UAVs with various sensors, munitions, & communication equipment onboard operated from a single station. Equipped with cutting-edge technology, these UAVs can identify targets in real time using AI-driven algorithms. As drone warfare is being utilized extensively & effectively by many countries worldwide, swarm drones can promise to provide an edge to militaries in fighting future security challenges by acting as a force multiplier in different defense operations.
Market Insights
The Global Swarm Drones Market is expected to grow at a whopping 55% CAGR during the forecast period, i.e., 2022-27. Most of the market expansion would be driven by massive investments & advancements in drone technology, coupled with the mounting adoption of UAVs (Unmanned Aerial Vehicles) for surveillance operations in the military & defense sector due to rising security breaches at military bases, government establishments, & several public places across different countries worldwide.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 55% |
| Regions Covered | North America: The Us, Rest of North America |
| South America: Brazil, Rest of South America | |
| Europe: The UK, Germany, France, Spain, Russia, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific | |
| Middle East & Africa: The UAE, Israel, Rest of Middle East & Africa | |
| Key Companies Profiled | Airbus, Autel Robotics, Delair, DJI Innovations, Draganfly Innovations Inc., Dronisos, Elbit Systems Ltd., EpiSci, Icarus Swarms, Northrop Grumman, Parrot Drones SAS, Raytheon Company, Sensefly, Skydio Inc., Teal drones, Teledyne Flir |
| Unit Denominations | USD Million/Billion |
As a result, it has generated the need for militaries to procure & implement state-of-the-art munitions, i.e., propelling the demand for swarm drones. Several initiatives associated with swarm drones by different countries have surfaced in recent years, including the Russian Lightning, the French Icarus project, the UAE/South African N-Raven, the Spanish RAPAZ, and the UK’s Blue Bear swarm. In addition, the US Marine Corps is moving with kamikaze drone swarms, whereas there are separate swarm drone programs of the US Army, Air Force, Navy, & DARPA.
Militaries like the US, Russia, the UK, Netherlands, Denmark, France, and Norway, among others, have well-comprehended the potential of swam drones, and thus, are investing massively in this technology for various defense applications like surveying, surveillance, mapping, monitoring, and aerial photography.
Furthermore, the integration of advanced technologies like AI into drone technology has made swarm drones more effective in surveillance, defending against incoming projectiles, and identifying & attacking high-value targets, among others. Hence, the evolution in drone technology is leading to the rising popularity & use of drone swarms and, in turn, accelerating the overall growth of the global swarm drone market.
