DUBLIN, Ireland — The tethered drones market is forecast to register a compound annual growth rate (CAGR) of more than 70% by 2023, according to a report added to researchandmarkets.com’s catalogue.
The increasing importance of drones in military operations has led the prevailing demand for drones that can be used in numerous commercial applications, according to the report “Global Tethered Drones Market, 2019-2023.”
A press release announcing the report did not include information about the current value of the global market for tethered drones.
Since tethered drones use charging stations for uninterrupted power supply, they can be used to conduct 24/7 surveillance and monitoring in any area. This is because tethered drones are not restricted by the charge capacity of their batteries and have virtually unlimited endurance.
Therefore, these drones can be equipped with several advanced imagery payloads, which consist of live-feed and infrared cameras, and similar components. In addition, these drones can become essential for combating cross-border trespassing in harsh climatic conditions where human surveillance cannot be carried out with ease. Such deployments are anticipated to drive the demand for tethered drones during the forecast period.
Demand Rises for Drones in Telecommunications
Drones are emerging as the preferred maintenance tool for telecom operators, according to the report. They are being deployed to conduct tower inspections, as drones capture pictures, video and data about towers, and automatically transmit them to the carrier network. This saves inspection time and otherwise requires manual effort.
Drones are also being used by telecom operators for radio planning and line-of-sight testing to determine the ideal location and height for the installation of an antenna.
Need for More Trained Drone Pilots
Trained pilots are essential for proper navigation of a drone, both military and commercial, as improper handling could risk damage to both life and property. The targeted focus of defense agencies toward the development of a burgeoning drone fleet, drone operators face a lack of opportunities for promotion to higher ranks. This is because the global defense community has failed to identify and cultivate the new category of aviators, deterring candidates from pursuing this field of work, the report states.
The vendors are now focusing on offering drones that can be used in multiple commercial applications. The market research report is said to help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
