Asia Pacific Drones Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia Pacific Drones Industry Overview

Some of the prominent players in the market are SZ DJI Technology Co. Ltd (DJI), Hubsan, Terra Drone Corporation, Guangzhou EHang Intelligent Technology Co. Ltd, Yuneec, and MicroMultiCopter Aero Technology Co. Ltd. The market comprises a handful of established players that enjoy a strong foothold in the market. SZ DJI Technology Co. Ltd (DJI) is a company that controls a significant market share. However, there are many small companies and startups that entered the market in the past few years, due to the high profitability in the market. Companies are competing to gain market shares and developing advanced technology-integrated drone hardware and software solutions that reduce human effort in applications, such as mining, construction, and aerial mapping. Additionally, the entry of companies, like The Boeing Company, Alphabet, and Intel, into the commercial sector of drones is expected to make the market further fragmented over the coming years.