According to a recent industry analysis, the Global AI in Drones Market is valued at US$ 14.5 billion in 2023 and is predicted to grow at a robust CAGR of more than 28.5% between 2023 and 2030.
The inclusion of advanced algorithms and machine-learning techniques into drone systems is referred to as AI in drones. These technologies enable drones to fly autonomously, detect and avoid obstacles, recognize objects, navigate intelligently, and even make decisions, according to globenewswire.
The need for AI-powered drones has fuelled significant research and development activities in both the public and private sectors. This continuous innovation leads to the creation of more advanced and efficient drone systems, propelling market growth even more.
According to Rational Stat's in-depth market analysis, the global AI in Drones market has been segmented by type, type of AI, application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The research also provides worldwide and regional market size for the 2019-2022 historical periods and the 2023-2030 forecast periods.
Market intelligence for the global AI in Drones market includes market sizes based on market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading competitors, and market intelligence by leading competitors.