Drone Technology Market Size in Education Sector to Grow by USD 499.16 million | 39% of Market Growth to Originate from APAC

NEW YORK, April 21, 2022 /PRNewswire/ — The size of the drone technology market in the education sector is expected to grow by USD 499.16 mn from 2021 to 2026. Moreover, the market will progress at a CAGR of 17.53% during the forecast period.

Technavio has announced its latest market research report titled Drone Technology Market in Education Sector Market by Application, End-user, and Geography – Forecast and Analysis 2022-2026

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Drone Technology Market in Education Sector: Driver

The increased emphasis on STEM education is driving the drone technology market growth in the education sector. Schools and educational institutions are trying to implement changes in the education system to ensure that the workforce has better skillsets. Governments in various countries are encouraging schools to promote STEM education. These factors have increased the incorporation of advanced technology and hardware systems in classrooms.

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Drone Technology Market in Education Sector: Key Vendor Analysis

The report on the drone technology market in the education sector offers information on several market vendors, including Aerialtronics DV BV, Drona Aviation Pvt. Ltd., EHang Holdings Ltd., GoPro inc., Guangdong Syma Model Aircraft industrial Co., Ltd. Ltd., Makeblock Co. Ltd., Parrot Drones SAS, Robolink inc., Shenzhen Fimi Robot Technology Co. Ltd. Ltd., Shenzhen Hubsan Technology Co. Ltd. Ltd., Shenzhen RYZE Tech Co., Ltd. Ltd., Skydio inc., SZ DJI Technology Co. Ltd., Traxxas, and Yuneec international Co. Ltd. among others.

The drone technology market in the education sector is fragmented, and the vendors are deploying growth strategies such as launching innovative products, using multi-distribution sales channels, and collaborating with educational institutions to compete in the market. The competition among major vendors in the global drone technology market in the education sector is quite high. This is because of the rising demand for drones in the education sector for teaching and surveillance purposes.

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Drone Technology Market In Education Sector Market: Segmentation Analysis

This report segments the drone technology market in the education sector by application (security surveillance and learning), end-user (higher education sector and K-12 sector), and geography (North AmericaAPAC, Europe, South Americaand the Middle East and Africa).

During the forecast period, APAC is expected to register the highest incremental growth due to factors such as a significant number of educational institutions present in India and China. Japan and China are the key countries for the drone technology market in the education sector in APAC. Market growth in this region will be faster than the growth of the market in other regions.

By application, the security surveillance segment will have significant market share growth during the forecast period. The use of surveillance and security equipment in educational institutions is a necessity. The deployment of unmanned aerial vehicles (UAVs) is increasing on university campuses due to their vulnerability to security threats. Thus, the growing number of security threats such as campus shootings and cheating during exams are expected to be the major drivers for this segment.

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Drone Technology Market Scope in Education Sector

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 17.53%

Market growth 2022-2026

USD 499.16 million

Market structure

Fragmented

YoY growth (%)

16.74

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key consumer countries

US, Canada, Japan, China, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aerialtronics DV BV, Drona Aviation Pvt. Ltd., EHang Holdings Ltd., GoPro inc., Guangdong Syma Model Aircraft industrial Co., Ltd. Ltd., Makeblock Co. Ltd., Parrot Drones SAS, Robolink inc., Shenzhen Fimi Robot Technology Co. Ltd. Ltd., Shenzhen Hubsan Technology Co. Ltd. Ltd., Shenzhen RYZE Tech Co., Ltd. Ltd., Skydio inc., SZ DJI Technology Co. Ltd., Traxxas, and Yuneec international Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Size

4 Five Forces Analysis

5 Market Segmentation by Application

6 Market Segmentation by End-user

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify existing opportunities in and potential markets and assess their competitive positions within changing market scenarios.

Contacts

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Email: media@technavio.com
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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

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