According to Fortune Business Insights™, the global drone sensor market size was valued at USD 394.7 million in 2020 and is projected to reach USD 2,342.1 million by 2028, growing at a CAGR of 25.08% during the forecast period (2021–2028). The rising adoption of unmanned aerial systems (UAS) in defense operations and expanding commercial applications such as agriculture, logistics, and aerial imaging are major growth drivers.

Rising Commercial Use of Unmanned Systems to Fuel Market Expansion

Drone technology continues to advance across various countries, enabling its application in aerial photography, logistics, precision farming, disaster response, and wildlife monitoring. The effectiveness of drones in such applications largely depends on high-quality sensors that support long-range, autonomous operations. These sensors—such as inertial, image, position, and distance sensors—are essential for UAVs to collect real-time data and make accurate flight decisions. The increasing global demand for such unmanned systems is expected to significantly accelerate market growth.

Key Companies Profiled

• Trimble (U.S.)
• Bosch Sensortec (Germany)
• TDK InvenSense (U.S.)
• Sparton NavEx (U.S.)
• Raytheon (U.S.)
• AMS AG (Austria)
• FLIR Systems (U.S.)
• KVH Industries (U.S.)
• TE Connectivity (Switzerland)
• Lord Microstrain (U.S.)
• Other Players

Source:

https://www.fortunebusinessinsights.com/drone-sensor-market-102596

Market Segmentation