GCC Drones Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.89 Billion |
| Market Size (2029) | USD 1.59 Billion |
| CAGR (2024 - 2029) | 12.44 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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GCC Drones Market Analysis
The GCC Drones Market size is estimated at USD 0.89 billion in 2024, and is expected to reach USD 1.59 billion by 2029, growing at a CAGR of 12.44% during the forecast period (2024-2029).
For years, the GCC drone market lingered in its infancy, largely overlooked by the commercial sector. Initially confined to military applications, drones have made significant inroads into the commercial landscape in the past decade. Governments now deploy them for tasks ranging from surveillance and border patrol to infrastructure inspections.
Across industries, drones play pivotal roles. The oil and gas sector relies on them for monitoring, agriculture benefits from crop surveillance, and precision farming and real estate find them indispensable for surveying and construction site oversight. Even emergency services leverage drones for swift disaster responses and search-and-rescue operations, highlighting their unique ability to access and navigate challenging terrains.
In recent years, drone adoption across the GCC has increased rapidly. As regional regulations on drone usage become more lenient, civilian end users in the GCC nations are enjoying increased freedom, a trend set to bolster the market's outlook. Yet, the market is expected to face hurdles, notably from the region's volatile inter-country relations and recent drone attacks on oil production facilities.
GCC Drones Market Trends
The Construction Segment is Expected to Dominate the Market During the Forecast Period
From overseeing land surveillance during the construction's inception to conducting on-site visual inspections of high-risk areas, drones have become pivotal in the construction industry for communication and management. They offer a bird's-eye view, aiding site managers in making informed decisions and enhancing operational efficiency. With GCC nations eyeing significant economic and social transformations, they have earmarked nearly USD 1 trillion for megaproject investments.
The GCC is currently witnessing the development of 30 real estate megaprojects, all slated for completion within this decade. Consequently, many regional construction firms and real estate developers embrace drone technology. Notably, drones are crucial in minimizing manual inspections, reducing human contact at sites, and ensuring workforce safety.
Highlighting this trend, in October 2023, ADNOC partnered with EDGE Group PJSC. This collaboration paved the way for ADNOC and EDGE's autonomous systems division, ADASI, to forge a commercial agreement. This agreement focuses on deploying specialized drones for greenhouse gas leak detection and detailed site asset inspections. Such initiatives are poised to propel the market in the coming years.
The United Arab Emirates is Expected to Dominate the Market During the Forecast Period
The United Arab Emirates (UAE) has positioned itself as a key player in the region, with a rising demand for drone technology. As industries increasingly recognize the advantages of drones, their adoption is set to surge. To cater to this escalating demand, the private sector and the government are gearing up to invest in R&D, regulatory frameworks, and local drone production. Moreover, many companies are forming strategic alliances, spanning industries like drone-based cargo delivery, oil and gas, and beyond, to capitalize on the nation's market potential. A prime example is the collaboration between Dronamics, a cargo drone airline, and the UAE's Strategic Development Fund (SDF) in November 2023, which culminated in a joint venture (JV) to manufacture Black Swan cargo drones. This JV is slated to establish a production plant for the Black Swan aircraft, with operations commencing in the Emirates by 2025.
Similarly, in October 2023, Emirates Post Group (EPG) and SkyGo, an aerial logistics provider, sealed a deal to introduce drone-powered logistics and delivery services in Abu Dhabi. This move aligns with EPG's vision of a future where drone-powered services revolutionize last-mile logistics, offering speed, efficiency, and environmental sustainability.
Highlighting its commitment to drone innovation, the country witnessed Dubai Future Labs (DFF) and Emirati tech firm Eanan join forces in November 2023. Under this partnership, Dubai Future Labs, a DFF subsidiary, may bolster several of Eanan's pioneering drone projects. The overarching goal is to elevate drone applications in transport and shipping, solidifying the United Arab Emirates' global standing as a hub for testing and deploying cutting-edge technologies.
GCC Drones Industry Segmentation
The GCC drone market is consolidated with prominent players such as SZ DJI Technology Co. Ltd, Parrot Drones SAS, Primoco UAV SE, Yuneec Holding Ltd, and FalconViz. The growing commercial applications of drones have led to the entry of new players in recent years. Manufacturers are introducing new drone models to support various end-user applications. Also, drone manufacturing companies collaborate with service providers to increase drone-based services in this region.
Eniverse Technologies, Fetchr, and Skycart have recently collaborated to pioneer autonomous drone operations in the United Arab Emirates. These strategic partnerships are poised to draw fresh investments into the drone industry and fuel its growth. Moreover, increasing government backing sets the stage for a surge in market entrants, heightening competition in the coming years.
GCC Drones Market Leaders
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SZ DJI Technology Co., Ltd.
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Parrot Drones SAS
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Primoco UAV SE
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Yuneec Holding Ltd.
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FalconViz
*Disclaimer: Major Players sorted in no particular order
GCC Drones Market News
January 2024: The United Arab Emirates' defense producer, EDGE, clinched a substantial deal with the UAE defense ministry, securing an order for 200 unmanned helicopters. The order comprises a mix of 200 HT-100 and HT-750 unmanned helicopters. These helicopters, ranging from the compact HT-100 to the larger HT-750, are designed for multi-role operations, specializing in ISR (intelligence, surveillance, and reconnaissance) and logistics missions.
August 2023: Airobotics forged a strategic partnership with Saudi Excellence. The partnership aims to set up a local drone infrastructure in the Kingdom of Saudi Arabia (KSA). This initiative seeks to localize Airobotics' autonomous UAV systems, catering to the specific needs of local governmental and commercial entities and offering tailored aerial data solutions.
GCC Drone Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers/Consumers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Application
- 5.1.1 Construction
- 5.1.2 Agriculture
- 5.1.3 Energy
- 5.1.4 Entertainment
- 5.1.5 Law Enforcement
- 5.1.6 Other Applications
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5.2 Geography
- 5.2.1 Saudi Arabia
- 5.2.2 United Arab Emirates
- 5.2.3 Qatar
- 5.2.4 Kuwait
- 5.2.5 Bahrain
- 5.2.6 Oman
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 SZ DJI Technology Co. Ltd
- 6.1.2 Parrot Drones SAS
- 6.1.3 Primoco UAV SE
- 6.1.4 Yuneec Holding Ltd
- 6.1.5 Guangdong Syma Model Aircraft Indl Co. Ltd
- 6.1.6 Autel Robotics Co. Ltd
- 6.1.7 FalconViz
- 6.1.8 Terra Drone Corporation
- 6.1.9 Merlin Digital
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityGCC Drones Industry Segmentation
A drone is a technological device that operates without a human pilot onboard. Drones are equipped with remote control systems or autonomous programming, allowing them to rapidly navigate the air. They have diverse applications in civilian and military domains, such as photography, surveillance, agriculture, and recreational activities. These versatile devices feature cameras or sensors that capture high-quality images or data, making them practical tools in various industries.
The GCC drone market is segmented by application and geography. By application, the market is divided into construction, agriculture, energy, entertainment, law enforcement, and other applications. The other applications segment includes the deployment of drones for operations such as firefighting and aerial mapping. The report also offers the market size and forecasts for the drone market in six countries in the region. For each segment, the market size and forecast are provided in terms of value (USD).
| Application | Construction |
| Agriculture | |
| Energy | |
| Entertainment | |
| Law Enforcement | |
| Other Applications | |
| Geography | Saudi Arabia |
| United Arab Emirates | |
| Qatar | |
| Kuwait | |
| Bahrain | |
| Oman |
GCC Drone Market Research FAQs
How big is the GCC Drones Market?
The GCC Drones Market size is expected to reach USD 0.89 billion in 2024 and grow at a CAGR of 12.44% to reach USD 1.59 billion by 2029.
What is the current GCC Drones Market size?
In 2024, the GCC Drones Market size is expected to reach USD 0.89 billion.
Who are the key players in GCC Drones Market?
SZ DJI Technology Co., Ltd., Parrot Drones SAS, Primoco UAV SE, Yuneec Holding Ltd. and FalconViz are the major companies operating in the GCC Drones Market.
What years does this GCC Drones Market cover, and what was the market size in 2023?
In 2023, the GCC Drones Market size was estimated at USD 0.78 billion. The report covers the GCC Drones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC Drones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
GCC Drone Industry Report
Statistics for the 2024 GCC Drone market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Drone analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
