Report Description

The Singapore drone market is expected to grow significantly during the forecast period. Drone finds application in defense, agriculture, logistics and transportation, construction, entertainment, energy & power, wildlife & forestry. The rise in infrastructural development and construction activities is expected to be the major driver for the forecast period. The increased adoption of crewless aerial vehicles or drones for infrastructure deliveries and inspection accelerates market demand. The use of drones for cleaning and canal monitoring purposes is creating new avenues to develop building cleaning drones. Food chains and companies are promoting drones for prompt food delivery and with minimal chances of error. Drones can be used to perform unmanned searches and carry out rescue missions in cases of natural disasters without risking human life, meanwhile increasing the chances of surviving. The surge in demand for drones to conduct maintenance works, along with the removal of trash and oil spills from water, is expected to boost the market growth. Increasing deployment of unmanned aerial vehicles for border patrolling activities and combating terrorism is boosting the demand in the defense sector. The government of Singapore is using drones for urban infrastructure management, farming, and ensuring the highest level of public safety. Drones are being used for the process of land management to efficiently capture the aerial views, as in Singapore, a large area needs to be monitored and maintained.

Singapore drone market is segmented into type, segment, application, payload, regional distribution, and company. Based on segment, the market can be divided into military and commercial. The commercial segment is expected to witness substantial growth in the forecast period, 2024-2028, due to the presence of blooming industries and the technological advancements to make the drone more efficient.

The major players operating in the Singapore drone market are H3 Dynamics Holdings Pte. Ltd., Kelley Aerospace, DJI (Authorized Dealer Avetics Global), Garuda Robotics Pte. Ltd., MIRS Innovate Pte. Ltd., Infinium Robotics, Parrot SA (Authorized Dealer Singapore Hobby Supplies Pte Ltd), General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.


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Objective of the Study:

  • To analyze the historical growth of the market size of Singapore drone market from 2018 to 2021.
  • To estimate and forecast the market size of Singapore drone market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast Singapore drone market based on type, segment, application, payload, regional distribution, and company.
  • To identify dominant region or segment in the Singapore drone.
  • To identify drivers and challenges for Singapore drone market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Singapore drone market.
  • To identify and analyze the profile of leading players operating in Singapore drone market.
  • To identify key sustainable strategies adopted by market players in Singapore drone market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Singapore drone market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Drone manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to drone market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         End Use

·         Fuel Type

Regional scope

Central & East; North-East; North; West

Key companies profiled

H3 Dynamics Holdings Pte. Ltd., Kelley Aerospace, DJI (Authorized Dealer Avetics Global), Garuda Robotics Pte. Ltd., MIRS Innovate Pte. Ltd., Infinium Robotics, Parrot SA (Authorized Dealer Singapore Hobby Supplies Pte Ltd), General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Singapore drone market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Singapore Drone Market, By Product Type:

    • Fixed Wing
    • HALE
    • TUAV
    • MALE
    • VTOL
    • Others
  • Singapore Drone Market, By Segment:
    • Military
    • Commercial
  • Singapore Drone Market, By Application:
    • Mapping
    • Surveying & Photography
    • Security
    • Precision Agriculture
    • Media & Entertainment
    • Others
  • Singapore Drone Market, By Payload:
    • 150kg-600kg
    • Above 600kg
    • Less than 25Kg
    • 25kg-150kg
  • Singapore Drone Market, By Region:
    • Central & East
    • North-East
    • North
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Singapore drone market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Singapore drone market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Singapore Drone Market, 2018-2028F

4.    Executive Summary

5.    Voice of Customers

6.    Singapore Drone Market Outlook, 2018-2028F

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Fixed Wing, HALE, TUAV, MALE, VTOL and Others)

6.2.2.     By Segment (Military and Commercial)

6.2.3.     By Application (Mapping, Surveying & Photography, Security, Precision Agriculture, Media & Entertainment and Others)

6.2.4.     By Payload (150kg 600kg, Above 600kg, Less than 25Kg, 25kg 150kg)

6.2.5.     By Region

6.2.6.     By Company (2022)

6.3.  Product Market Map

7.    Singapore Medium Altitude Long Endurance Drone Market Outlook, 2018-2028F

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Payload

7.2.2.     By Application

8.    Singapore Tactical Unmanned Aerial Vehicle Drone Market Outlook, 2018-2028F

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Payload

8.2.2.     By Application

9.    Singapore High Altitude Long Endurance Drone Market Outlook, 2018-2028F

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Payload

9.2.2.     By Application

10.  Singapore VTOL Drone Market Outlook, 2018-2028F

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Payload

10.2.2.  By Application

11.  Singapore Fixed Wing Drone Market Outlook Market Outlook, 2018-2028F

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Payload

11.2.2.  By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Pricing Analysis

16.  Singapore Economic Profile

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles

17.2.1.  H3 Dynamics Holdings Pte. Ltd.

17.2.2.  Kelley Aerospace

17.2.3.  DJI (Authorized Dealer Avetics Global)

17.2.4.  Garuda Robotics Pte. Ltd.

17.2.5.  MIRS Innovate Pte. Ltd.

17.2.6.  Infinium Robotics

17.2.7.  Parrot SA (Authorized Dealer Singapore Hobby

17.2.8.  Supplies Pte Ltd)

17.2.9.  General Atomics

17.2.10.                Lockheed Martin Corporation

17.2.11.                Northrop Grumman Corp.

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like rise in infrastructural development and construction activities are driving the growth of the Singapore drones market in the forecast years, 2024-2028.

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H3 Dynamics Holdings Pte. Ltd., Kelley Aerospace, DJI (Authorized Dealer Avetics Global), Garuda Robotics Pte. Ltd., MIRS Innovate Pte. Ltd., among others are leading the Singapore drones market in the forecast period, 2024-2028.

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The Singapore drones market analysis was analyzed for the five historical years from 2018 to 2021. Keeping the base year 2021 as the margin, the estimation for the year 2023 was made and further market growth is predicted for the forecast years, 2024 to 2028.

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Mapping segment leads the Singapore drones market analyzed by application, on the account of rising demand for analyzing difficult terrain, along with increasing demand for residential infrastructure construction landscape.

profile

Sakshi Bajaal

Business Consultant
Press Release

Commercial segment to dominate the Singapore Drone Market

Jul, 2021

Rising construction industry and growing application areas of drones is expected to drive the Singapore drone market for the forecast period.