Drone, also known as unmanned aerial vehicle, is an aircraft without any onboard pilot, passenger or crew. The drone is controlled remotely using a system of communication. The drone onboard computer is a crucial component of drone which control all the vital flight operation of drone including communication, flight management & control, navigation, surveillance, cameras, and others. The drone onboard computer is highly programmable, and the end user can calibrate the functioning of drone by programming the drone onboard computer according the respective requirement.
MARKET DYNAMICS
The drone onboard computer market is experiencing significant growth owing to the increasing commercial application of drones across various industries. However, regulatory norms with rewards to use of drone in certain countries can hamper the growth of the drone onboard computer market. Meanwhile, the increasing defense budgets of governments across the globe for procuring advance drones is expected to flourish the drone onboard computer market.
MARKET SCOPE
The "Drone Onboard Computer Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense with a special focus on the global market trend analysis. The report aims to provide an overview of drone onboard computer market with detailed market segmentation by application, end use, and geography. The global drone onboard computer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading drone onboard computer market players and offers key trends and opportunities in the drone onboard computer market.
MARKET SEGMENTATION
The global drone onboard computer market is segmented on the basis of application and end use. Based on application, the market is segmented into fixed wing drones and rotary wing drones. On the basis of end use, the market is segmented as commercial drones and military drones.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global drone onboard computer market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The drone onboard computer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting drone onboard computer market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters Five Forces analysis highlighting the drone onboard computer market in these regions.
IMPACT OF COVID-19 ON DRONE ONBOARD COMPUTER MARKET
The outbreak of the COVID-19 has severely impacted the aerospace, defense and related industries. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption has had leave an impact on the aerospace, defense and related industries. However, the pandemic has proved that careful coordination is required between all border agencies to ensure effective security measures. Moreover, demand for defense related products such as drone onboard computer will remain unaffected as the budgets for defense related projects had been allocated prior to the pandemic and the projects are extremely critical to national defense. However, the commercial end use of drone onboard computer is been affected.
MARKET PLAYERS
The reports cover key developments in the drone onboard computer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from drone onboard computer market are anticipated to lucrative growth opportunities in the future with the rising demand for drone onboard computer market. Below mentioned is the list of few companies engaged in the drone onboard computer market.
The report also includes the profiles of key drone onboard computer market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DJI
- Mercury Systems, Inc.
- Raytheon Technologies
- Gateworks Corporation
- SKY-DRONES TECHNOLOGIES LTD
- VERSALOGIC CORP.
- Aldec, Inc.
- Saab
- Abaco Systems
- Kontron