Market Research Report

Drone Transponder Market

Drone Transponder Market Research Report: Size, Share, Trend Analysis Type (ADS-B Compatible, ADS-B Non-Compatible), Platform (Fixed-Wing, Rotary-Wing), Fit (Line-Fit, Retrofit), Application (Civil, Military), Weight (Less than 5 kg, 5–25 kg, 25–150 kg, More than 150 kg) and By Region (Asia Pacific, South America, Europe, North America, Middle East and Africa) - Growth Outlook & Industry Forecast To 2024

Vertical: AnD

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Executive Summary

Drone Transponder Market — Snapshot

  • Market Size (2018)

    $2.01B

  • Projected (2024)

    $3.00B

  • CAGR (2018–2024)

    6.9%

  • Key Players

    10+

The global Drone Transponder market is expected to register a 6.68% CAGR during the forecast period of 2018 to 2024. In 2018, the market was led by North America with a 41.41% share, followed by Europe and Asia-Pacific with shares of 21.77% and 19.28%, respectively. The growth of the global drone transponder market can be attributed to rising use of drones in industrial and agricultural applications and mandated automatic dependent surveillance-broadcast (ADS-B) regulations.

The global drone transponder market has been segmented based on type, platform, fit, application, drone weight, and region. Based on type, the ADS-B compatible segment accounted for the larger share of 73.90% of the global drone transponder market in 2018. The fixed-wing platform segment accounted for the larger share of 66.00% of the global drone transponder market in 2018. On the basis of fit, the line-fit segment accounted for the larger share of 62.24% of the global drone transponder market in 2018. The military application segment accounted for the larger share of 67.19% of the global drone transponder market in 2018. By drone weight, the less than 5 kg segment accounted for the largest share of 31.51% of the global drone transponder market in 2018.

Key Insight

The Drone Transponder Market market is projected to grow at a CAGR of 6.9% from 2018 to 2024.

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Market Scope & Coverage

What this report covers

  • Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
  • Market Segmentation: The market is analyzed across 2 segments: ADS-B Compatible, ADS-B Non-Compatible. Forecasts are provided for each segment from 2018 to 2024.
  • Competitive Landscape: 10 leading companies are profiled, covering market positioning, strategies, and recent developments.

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Drone Transponder Market

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