Market Share of Drone Sensor Industry
The drone sensor market is semi-consolidated, with several players accounting for significant shares in the market. Some of the prominent companies in the drone sensor market are Bosch Sensortec GmbH, TE Connectivity Ltd., InvenSense, Inc., Trimble Inc., and Teledyne FLIR LLC.
Companies are investing heavily in research and development to innovate new and advanced sensors and related technologies that may be used in different drone applications. In this regard, OEMs are investing in the research and development of advanced sensors. Teledyne Technologies Incorporated acquired FLIR Systems, Inc in 2021. Such acquisitions will make the market more competitive in the years to come.
Also, the market players intend to devote significant resources and efforts to capitalizing on UAVs' technological proficiency and enhancing their penetration into the rapidly evolving market. Diversification of geographical markets, in tandem with product offerings, is anticipated to be a key criterion for ensuring profitability and survival in the long run.
Drone Sensor Market Leaders
Trimble Inc.
Teledyne FLIR LLC
InvenSense, Inc.
Bosch Sensortec GmbH
TE Connectivity Ltd.
*Disclaimer: Major Players sorted in no particular order
