Market Analysis 

The global drone sensor market will touch USD 934.4 million at a 25.86% CAGR in the forecast period (2020- 2027), states the latest Market Research Future (MRFR) report.

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Regional Analysis

North America to Dominate Drone Sensor Market

North America will dominate the Drone Sensor Market Analysis over the forecast period. Increasing applications of drones in media and entertainment, security and surveillance, and military and defense, increasing use of drones to cover numerous sporting events by leading media houses, rising adoption of drones in precision agriculture, the oil and gas industry being a major contributor for the increasing use of drones for inspecting oil and gas pipelines, increasing use of military drones for various operations such as targeting, reconnaissance, and surveillance, and the booming ICT industry in the US are adding to the global drone sensor market growth in the region.

Key Players

Eminent players profiled in the global drone sensor industry report include Trimble (US), Bosch Sensortec (Germany), TDK InvenSense (Japan), Sparton NavEx (US), Raytheon (US), ams AG (Austria), Infineon Technologies AG (Germany), PrescisionHawk (US), Sentera, Inc. (US), and SlantRange (US). Apart from the top key players, there are other players that contribute to the drone sensor market growth. These include MicaSense (US), Delair (France), Systron Donner Inertial (US), DroneShield Limited (Australia), and others.

The drone sensor technology market is fragmented and also competitive for the presence of different international domestic key players. These players have incorporated innovative strategies to remain at the vanguard and also suffice the burgeoning demand of the customers including collaborations, contracts, partnerships, joint ventures, geographic expansions, new.

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