Middle East & Africa Drones Market Size, Share, Demand, Trends & Its Emerging Opportunities by 2026
The Middle East & Africa Drones Market is forecast to grow at a CAGR of XX% during 2021-26, says MarkNtel Advisors in their research report "Middle East & Africa Drones Market Analysis, 2021."
Apart from this, drones help businesses achieve substantial productivity gains due to the automation offered to their business operations. However, rising threats to safety & violation of privacy might hinder the overall growth of the Middle East & Africa Drones Market.
Impact of COVID-19 on the Middle East & Africa Drones Market
The outbreak of the COVID-19 pandemic had a dual impact on the Middle East & Africa Drones Market. The imposition of lockdown & logistic restrictions impacted the production capacity, demand, and supply of the drones amidst the pandemic. However, demand for drones significantly increased in the healthcare sector for the transportation of medical supplies. Further, the market will take time to get back to the pre-COVID -19 production scale or to retain the normal functioning of the drone market.
Law Enforcement to Witness Fastest Market Growth During the Forecast Period
Based on the End-User, the market bifurcates into Defense Establishments, Construction, Agriculture, Law Enforcement, and Energy. Of them all, Law Enforcement is more likely to observe the fastest growth in the Middle East & Africa Drones Market during the forecast period.
The segment growth owes to the surging adoption of drones by police forces for various situations, such as surveillance of open areas, identifying bomb threats, and pursuing armed suspects. Drones are an innovative & affordable alternative to helicopters and enable the police force to navigate dangerous situations while ensuring safety. Hence, these factors shall lead the segment to witness the fastest growth, reveals MarkNtel Advisors in their research report, "Middle East & Africa Drones Market Analysis, 2021."
Key Market Competitors:
According to MarkNtel Advisors, the leading industry players in the Middle East & Africa Drones Market are BAYKAR Unmanned Aerial Vehicle Systems, IAI, Kronshtadt Group, DJI, EHang, Shenzhen Damoda, China Academy of Aerospace Aerodynamics, Microdrones GmbH, FalconViz, Terra Drone Corporation, BlueBird Aero Systems Ltd., Airobotics Ltd., Integrated Aerial Systems, AeroVironment Inc., and Parrot SA.
Get more insights: https://www.marknteladvisors.com/