Market Trends of Middle-East and Africa Drones Industry
This section covers the major market trends shaping the MEA Drones Market according to our research experts:
Construction Application to Exhibit The Highest Growth Rate
The construction application segment is expected to exhibit the highest growth rate during the forecast period owing to the rapid infrastructure development and advancement in construction monitoring technology. Drone technology is currently being used for harnessing and sharing of real-time construction project insights that are used for effective collaboration, manpower planning, equipment planning, maintenance scheduling, safety monitoring, mapping, etc. without necessarily pausing or delaying the operations. Drones are capable of scanning and monitoring vast construction sites in considerably less time which is not possible for human operators and land-based scanners. Autonomous drones, such as Quantix Mapper by AeroVironment, Percepto's Sparrow series drones, and Airobotics, are expected to witness rapid growth during the forecast period due to their high loitering time. Furthermore, the drones integrated with advanced software applications that detect safety hazards, such as gas leaks, and large-scale monitoring of sites, such as oil and gas fields and ports using AI in extreme weather conditions, are likely to be adopted by regional end-users due to the harsh weather in the Middle-East and Africa.
Israel is Expected to Dominate the Market During the Forecast Period
Israel houses the major research and development (R&D) centers of leading IT firms, such as Microsoft and Google, that are venturing into the commercial drone space. Israel also has a very supportive environment for drone startups that are developing technology for construction, pharmaceutical delivery, agricultural management, security and surveillance, and other sectors. The decision of the Israel Defense Forces to replace the Chinese DJI drones with local drones is also expected to boost the market during the forecast period. Startups such as Flytrex are providing drone software solutions for managing pick and drop delivery operations, generating topographical and weather information, and also managing information such as other in-flight drones on a cloud infrastructure. It recently collaborated with Ukrainian Postal Service and a pharmaceutical delivery company to test its system in tough-to-access locations in the African region. Another company Edgybees developed the world's first Augmented Reality technology for very fast-moving platforms and although Edgybees provide services in construction, urban planning, and other fields. The company's AR technology is primarily used for disaster management. Innovations and collaborations for technological developments are major factors that are propelling the growth of the drone market in the country.
