Connect with us

Technology

Drone Flight Management System Market size is set to grow by USD 14.35 billion from 2024-2028, Increase in legal acceptance of drone operations for commercial applications boost the market, Technavio

Published

on

NEW YORK, Aug. 6, 2024 /PRNewswire/ — The global drone flight management system market size is estimated to grow by USD 14.35 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 28.77% during the forecast period. Increase in legal acceptance of drone operations for commercial applications is driving market growth, with a trend towards development of lithium-metal batteries. However, lower battery life and low capacity of drones poses a challenge. Key market players include AeroVironment Inc., Autel Robotics Co. Ltd., Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd., Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Drone Flight Management System Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 28.77%

Market growth 2024-2028

USD 14359.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

21.93

Regional analysis

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

Performing market contribution

APAC at 28%

Key countries

China, US, Germany, France, and UK

Key companies profiled

AeroVironment Inc., Autel Robotics Co. Ltd., Black Swift Technologies LLC., DELAIR SAS, EHang Holdings Ltd., Elbit Systems Ltd., HENSOLDT AG, Intel Corp., Mobilicom Ltd., Northrop Grumman Corp., Parrot Drones SAS, Safran SA, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, The Boeing Co., UAV Navigation SL, UAVOS Inc., vHive, and Yuneec International Co. Ltd.

 

Market Driver

The drone industry is witnessing significant growth due to increasing applications in various sectors such as e-commerce, logistics, and construction. However, the use of lithium-ion and lithium polymer (LiPo) batteries, which are commonly used for powering drones, poses challenges in terms of limited flight times and safety concerns. These batteries have a low energy capacity and typically last only 30 minutes during drone operation. Additionally, they utilize flammable organic solvents, increasing the risk of fire and explosion due to short circuits, overcharging, and high temperatures. To address these challenges, innovative alternatives like lithium-metal batteries are gaining attention. Lithium-metal batteries offer several advantages, including a non-flammable electrolyte that eliminates the risk of fire and explosion. Furthermore, they have a higher energy density, enabling longer drone flight times, and are more compact in size, making them suitable for drone applications. Startups like Cuberg, Inc., based in the US, and SolidEnergy Systems are leading the way in manufacturing and developing lithium-metal batteries for commercial applications. Cuberg claims that lithium-metal batteries can enhance drone flight time by up to 70% compared to lithium-ion batteries. SolidEnergy Systems has developed a lithium-metal battery with an energy density twice that of lithium-ion batteries. The adoption of drones by various industries is expected to drive the expansion of the global drone flight management system market during the forecast period. Companies investing in advanced battery technology will gain a competitive edge in the market. 

The Drone Flight Management System market is experiencing significant growth, with tech firms like Berkshire developing advanced solutions. Flight control algorithms, GPS, and waypoint navigation are key features driving demand. Applications in search and rescue and disaster management are on the rise. Battery management systems ensure optimal performance and safety. Flight management systems enable pilots to manage aircraft systems, navigation, and surveillance. SAP is integrating these systems into glass cockpits for crewmembers. Programmers are focusing on cybersecurity, addressing concerns over potential cyber attacks through secure data storage and control display units. Flight management computers and multi-function displays are being integrated as line fit or retrofit options for various aircraft types, from narrow-body to wide-body aircraft. Sensors and sensors fusion are also integral components. However, open wifi and data storage remain challenges to be addressed. 

Discover 360° analysis of this market. For complete information, schedule your consultation – Book Here!

Market Challenges

Drone batteries, primarily lithium-ion and lithium polymer (LiPo), power most drones globally, but their limited capacity restricts flight distance to approximately 10 kilometers. Manufacturers are addressing this challenge by improving battery size and capacity, which increases drone weight. Alternative energy sources like solar power and hydrogen fuel cells are being explored to extend flight time, but cost-effective and compact implementation remains elusive. Commercial drones have limited load-carrying capacity, hindering their adoption for large parcel delivery by logistics companies. Enhancing battery life, reducing costs, and increasing payload capacity are the major hurdles for drone manufacturers, potentially limiting the market growth for drone flight management systems.The Drone Flight Management System market faces several challenges in various industries such as navigation for accurate positioning and obstacle avoidance, surveillance for security and monitoring applications, and glass cockpits for improved visibility. Programmers and sensors ensure smooth operation, but cybersecurity threats and open wifi vulnerabilities pose risks. Data storage and control display units are essential for efficient data management. Flight management computers and multi-function displays facilitate easier operation. Line fit and retrofit solutions cater to different aircraft types, including narrow-body and wide-body commercial jets, agriculture, construction, energy, public safety, and military aviation. Companies like Collins Aerospace lead the market, while drone types range from fixed-wing to rotary wing, with short, mid-range, and long-range capabilities and electric propulsion systems. New entrants like Supernal and the Gremlins demonstration system add to the market’s diversity.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This drone flight management system market report extensively covers market segmentation by

Component 1.1 Ground controller1.2 Data link1.3 Onboard controllerGeography 2.1 APAC2.2 North America2.3 Europe2.4 Middle East and Africa2.5 South America

1.1 Ground controller- The Drone Flight Management System market is driven by the advancements in ground control systems. A ground controller is a crucial component for operating and commanding drones, featuring a joystick and a display for footage visualization. Ground controllers use radio frequency signals to receive inputs from operators and convert them into commands for the drone. Continuous research and development in the drone industry have led to software-based control systems, enabling drone operation via smartphones or laptops. The rising trend of drone autonomy, smartphone applications, and advanced sensors are transforming UAV control. Interoperable components are also being developed to enhance the functionality of ground controllers. However, for inexperienced pilots, ground controllers can be overwhelming, leading to market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Drone Data Link System market is expanding as advancements in communication technologies enhance real-time data transmission for various applications. The Tethered Drones Market is also growing, driven by their ability to provide extended flight times and reliable connectivity for surveillance and monitoring. Meanwhile, the global EVTOL aircraft market is experiencing significant growth due to innovations in electric vertical takeoff and landing technology, promising revolutionized urban air mobility solutions. These markets reflect increasing investment and technological progress in the drone and aviation sectors.

Research Analysis

The Drone Flight Management System (DFMS) market is experiencing significant growth due to the increasing adoption of drones in various industries such as Agriculture, Construction, Energy, Public safety, Commercial aviation, and Military aviation. DFMS enables drones to fly autonomously, following pre-programmed flight paths and navigating using GPS and waypoint navigation. This technology is crucial for applications like search and rescue, disaster management, and surveillance. DFMS integrates with battery management systems to optimize power usage and ensures safe and efficient drone operations. Tech firms are developing advanced flight control algorithms to enhance the capabilities of fixed-wing drones, making them more akin to airplanes. Crewmembers and pilots benefit from DFMS as it reduces their workload, allowing them to focus on mission-critical tasks. SAP and other aircraft system manufacturers are integrating DFMS into their offerings, making it an essential component of modern aircraft technology.

Market Research Overview

The Drone Flight Management System (DFMS) market is experiencing significant growth due to the increasing demand for drone technology in various industries such as Agriculture, Construction, Energy, Public safety, Commercial aviation, and Military aviation. DFMS enables drones to fly autonomously and efficiently by integrating various technologies like Flight control algorithms, GPS, Waypoint navigation, and Search and rescue systems. The market caters to different drone types, including Fixed-wing drones and Rotary wing drones, with varying ranges such as Short range, Mid-range, and Long range. Electric propulsion systems are commonly used in drones for power. Tech firms are developing advanced DFMS features like Supernal’s autonomous flight system, Gremlins demonstration system, and Berkshire’s advanced battery management system. DFMS integrates with Aircraft systems, including Airplanes, Crewmembers, Pilots, and Glass cockpits, and offers Line fit and Retrofit options for various Aircraft types, including Narrow-body and Wide-body. However, concerns around Cyber attack vulnerabilities, Open wifi risks, Data storage, and Control display units remain challenges for the market. SAP, Navigation, Surveillance, and various sensors are also essential components of DFMS. Programmers continuously develop Flight management computers, Multi-function displays, and Flight management systems to enhance drone capabilities.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentGround ControllerData LinkOnboard ControllerGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/drone-flight-management-system-market-size-is-set-to-grow-by-usd-14-35-billion-from-2024-2028–increase-in-legal-acceptance-of-drone-operations-for-commercial-applications-boost-the-market-technavio-302214551.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Ceva Wi-Fi 6 and Bluetooth IPs Power Bestechnic’s New Combo Products

Published

on

By

Bestechnic integrates market leading Ceva-Waves Wi-Fi 6 IP together with Ceva-Waves Bluetooth Dual Mode IP in low power silicon products targeting smart wearables, smart home and smart audio applications

LAS VEGAS, Jan. 6, 2025 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that Bestechnic, a global leader in the design and development of wireless ultra-low power computing SoCs for the advanced smart audio, smart wearables, wireless connectivity and smart home markets, has extended its long-term partnership with Ceva to integrate Ceva-Waves Wi-Fi 6  and Bluetooth dual-mode IP platforms in new Bluetooth/Wi-Fi combo products, including the BES2610 and BES2800 families. Bestechnic has shipped more than 1 billion smart audio SoCs powered by Ceva’s Bluetooth Dual Mode IP to date, and is one of the world’s leading suppliers of smart audio SoCs for TWS earbuds, headsets, smart glasses, smartwatches and smart speakers.

ABI Research forecasts that Wi-Fi 6 shipments will approach 2.7 billion units annually by 2027. This growth is fueled by the adoption of Wi-Fi 6 in various devices, including smart audio products like TWS earbuds, smart speakers, and other wearables. Wi-Fi 6 is designed to provide high efficiency and performance while significantly reducing power consumption compared to previous generations of Wi-Fi. This makes it ideal for battery-powered IoT devices such as wearables and speakers where it complements Bluetooth audio functionality, offering high throughput and low latency which is critical for high-definition audio streaming and increasingly required for real-time data processing associated with embedded AI.

Bestechnic has deployed the Ceva-Waves Wi-Fi 6 IP alongside the Ceva-Waves Bluetooth Dual Mode IP in its recently introduced combo families of ultra-low power Bluetooth/Wi-Fi chips. The platforms incorporate a dual-mode Bluetooth 5.4 subsystem for both Bluetooth classic and LE audio, and a Wi-Fi 6 subsystem for high-throughput wireless connectivity and lossless audio. The highly integrated solution with BES optimized ultra-low power system, is designed to provide Bluetooth level power consumption for a Wi-Fi enabled device. For example, the current of 2.4GHz Wi-Fi RX is as low as 14mA, making it ideal for battery powered wearable devices.

“Our long-standing partnership with Ceva has been instrumental in our success, and we are excited to incorporate their Wi-Fi 6 IP into our newest combo device families,” said Zhao Guoguang, General Manager, Bestechnic. “This collaboration allows us to offer our customers cutting-edge wireless connectivity solutions that exceed the demands for high-definition audio streaming and other ultra-low power wearable applications such as smartwatches and smart glasses.”

“Bestechnic’s integration of our Wi-Fi 6 and Bluetooth Dual Mode IP in their combo devices showcases the exceptional value of our comprehensive wireless connectivity portfolio in addressing emerging trends and applications,” said Tal Shalev, Vice President and General Manager, Wireless IoT Business Unit at Ceva. “Embedded AI is rapidly making its way into every device around us, and seamless connectivity is the foundation of these devices. With Wi-Fi 6 providing robust data transmission that complements Bluetooth for streaming audio applications, our ability to deliver unmatched performance and power efficiency with our wireless connectivity IPs empowers Bestechnic to set a new benchmark for smart audio devices.”

About Ceva-Waves Wi-Fi
The Ceva-Waves Wi-Fi IP family offers a comprehensive Suite of IPs and platforms for embedding Wi-Fi connectivity into SoCs/ASSPs optimized implementations are available for various applications, from low power IoT peripherals right up to high performance, multi-user gateways and spanning all flavours of 802.11a/b/n/ac/be. Each Ceva-Waves Wi-Fi solution incorporates hardwired PHY modem functions and MAC functions, including a Full MAC software protocol stack. A fully hosted stack is also proposed, comprising the integration of FullMAC stack in FreeRTOS along with TCP/IP, supplicant and a reference IoT application. For more information, visit https://www.ceva-ip.com/product/rivierawaves-wi-fi-platforms/.  

About Bestechnic
Founded in 2015, Bestechnic specializes in the development of wireless ultra-low power computing SoCs for the advanced smart audio, smart wearables, wireless connectivity and smart home markets. Our engineering teams are dedicated to R&D work in a wide range of areas, including RF and analog, wireless communication, acoustic and audio signal processing, image and vision signal processing, NPU, ultra-low power computing SoC, as well as complete software stack and complex operating system. As a leading technology and SoC supplier, our products have been adopted by leading brands worldwide. Visit our website at https://www.bestechnic.com/.

About Ceva, Inc.
At Ceva, we are passionate about bringing new levels of innovation to the smart edge. Our wireless communications, sensing and Edge AI technologies are at the heart of some of today’s most advanced smart edge products. From wireless connectivity IPs (Bluetooth, Wi-Fi, UWB and 5G platform IP), to scalable Edge AI NPU IPs and sensor fusion solutions, we have the broadest portfolio of IP to connect, sense and infer data more reliably and efficiently. We deliver differentiated solutions that combine outstanding performance at ultra-low power within a very small silicon footprint. Our goal is simple – to deliver the silicon and software IP to enable a smarter, safer, and more interconnected world. This philosophy is in practice today, with Ceva powering more than 18 billion of the world’s most innovative smart edge products from AI-infused smartwatches, IoT devices and wearables to autonomous vehicles and 5G mobile networks.

Our headquarters are in Rockville, Maryland with a global customer base supported by operations worldwide. Our employees are among the leading experts in their areas of specialty, consistently solving the most complex design challenges, enabling our customers to bring innovative smart edge products to market.

Ceva: Powering the Smart Edge™

Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.

Logo: https://mma.prnewswire.com/media/74483/ceva__inc__logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/ceva-wi-fi-6-and-bluetooth-ips-power-bestechnics-new-combo-products-302342698.html

SOURCE Ceva, Inc.

Continue Reading

Technology

Addtronics Announces Appointment of Adam Meyers to Board

Published

on

By

GREENWICH, Conn., Jan. 6, 2025 /PRNewswire/ — Addtronics, LLC (“Addtronics”), a consolidator of high-quality, niche automation technology and solution providers innovating for the life sciences and other industries, announced today the appointment of Adam Meyers to its Board of Directors.

Mr. Meyers brings more than three decades of experience managing and growing small and medium-sized medical technology businesses. Mr. Meyers had a twenty-six-year career at Halma, PLC (“Halma”), a FTSE 100 company and leading serial-acquirer of niche companies in the healthcare, environmental, and safety industries.

Mr. Meyers was the Sector CEO of Halma’s Medical and Environmental Divisions where he delivered consistently strong organic growth, was responsible for over 20 acquisitions, and was a member of both the Executive Board and Board of Directors. Prior to this, he held various other leadership roles at Halma and other organizations. Mr. Meyers received his MBA from Harvard and his undergraduate degree in systems engineering from the University of Pennsylvania.

On his appointment, Mr. Meyers said, “I am very attracted to Addtronics’ approach of assembling niche automation technology businesses in a decentralized and entrepreneurial operating model. I am extremely excited to join the Board and to work with Max Katzenstein, the investor group, and the executive team to help build lasting value through Addtronics’ model of acquiring, investing in and growing these businesses”.

Max Katzenstein, Executive Chairman of Addtronics, commented, “Adam is a both a highly experienced leader of niche medical technology companies as well as someone who had a front-row seat building one of the most successful serial-acquirers in history. We are extremely excited to welcome Adam to our Board of Directors and are confident he will help us achieve our mission and vision.”

Addtronics is actively searching for additional businesses to add to its family of automation solution providers. Ideal candidates will be excited about joining a mission-driven organization that values the entrepreneurial spirit of each of its operating companies and is inspired to pursue further growth and value-creation strategies.

About Addtronics: 
Addtronics is a consolidator of high-quality, niche automation technology and solution providers innovating for the life sciences and other industries. Addtronics seeks to be the acquirer of choice in this space by allowing its operating companies to retain their entrepreneurial spirit while enjoying the benefits of scale and partnership with other Addtronics companies. For more information on Addtronics, please visit www.addtronics.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/addtronics-announces-appointment-of-adam-meyers-to-board-302341958.html

SOURCE Addtronics

Continue Reading

Technology

ZINFI Continues to Thrive as a “Leader” in G2’s Winter 2025 Grid Report for Partner Management Software

Published

on

By

Among the four companies earning a slot in the leader’s quadrant, ZINFI’s overall Satisfaction Score is 28 points higher than its nearest competitor

PLEASANTON, Calif., Jan. 6, 2025 /PRNewswire/ — ZINFI Technologies, Inc., a company leading the definition and creation of Unified Partner Management (UPM) solutions, today announced that G2.com, Inc., the largest software marketplace, has once again named the company as a “Leader” in its Winter 2025 G2 Grid® Report for Partner Management Software. ZINFI has held its position in G2’s leaders’ quadrant for multiple consecutive quarters dating back to 2019, and is one of only four providers to earn the leadership designation in the current report. Among the four companies currently in the leader’s quadrant, ZINFI holds the top G2 Satisfaction Score (98), 28 points ahead of its nearest competitor. ZINFI is also identified as “Best for Mid-Market” in G2’s current summary of “Best Partner Relationship Management (PRM) Software.”

G2 strives to be the world’s most trusted and influential marketplace for software buyers, sellers, and service providers. The G2 Grid represents the democratic voice of real software users, rather than the subjective opinion of one analyst. G2 rates products from the Partner Relationship Management (PRM) category algorithmically based on data sourced from product reviews shared by G2 users and data sourced from third parties. In addition to G2’s rigorous review moderation process, that trust is earned by applying a consistent set of guidelines, methodologies, and definitions to give buyers the best view of a particular B2B software market.

G2’s Satisfaction Score for Partner Management Software is derived from user-focused metrics (Ease of Use, Meets Requirements, Quality of Support), admin-focused metrics (Ease of Admin, Ease of Setup, Ease of Doing Business With) and general satisfaction scores (Likelihood to Recommend, Direction of Product). Based on 480 reviews from actual users, ZINFI earned scores of 94% or higher on each of these eight metrics, including a score of 98% on Likelihood to Recommend and scores of 97% on four additional metrics.

“ZINFI is all about empowering our customers as they look for new and better ways to connect, collaborate, communicate, co-market and co-sell with their partners,” said Sugata Sanyal, founder & CEO of ZINFI. “We have always had a long-term, customer-focused approach to doing business, and we will continue to diligently monitor and learn from user feedback as we expand and improve our software to adapt to an evolving market and a constantly changing business environment. Nearly 500 of our customers have weighed in on G2 so far, and we are thrilled to learn that they continue to express overwhelming levels of satisfaction on key metrics like our platform’s usability, our responsiveness to their product and support requirements, and the ease with which they can perform important tasks like admin and setup.” 

The complete Winter 2025 G2 Grid® Report for Partner Management Software can be downloaded here:

ZINFI offers its potential customers a 30-day free trial (no credit card required) providing access to its entire Unified Partner Marketing (UPM) automation platform. This will allow any prospective buyers to test-drive its industry-leading channel management applications before making a purchase decision.

About ZINFI Technologies

ZINFI Technologies, Inc. a company leading the definition and creation of Unified Partner Management (UPM) innovation, enables vendors and their channel partners to achieve profitable growth predictably and rapidly on a worldwide level. Headquartered in Silicon Valley, USA and founded by channel veterans with extensive global channel management experience, we at ZINFI see an immense opportunity to build high-performing sales channels by deploying an easy-to-use, comprehensive and innovative state-of-the-art SaaS Unified Partner Management automation platform that streamlines and manages the entire partner lifecycle. ZINFI provides six core SaaS solution sets: “Onboard, Enable, Market, Sell, Incentivize and Accelerate” with tools and applications that span management of partner relationships, marketing, and incentives with additional tools for affiliate management. These solutions enable channel organizations to integrate all partner ecosystem management activities. In 26 countries, these core UPM SaaS solutions are also locally supported by ZINFI’s global marketing services team members.

To access more information about ZINFI’s Unified Partner Management platform or to download a copy of ZINFI’s best practices guide on partner relationship management, please visit our website at https://www.zinfi.com/. You can also follow ZINFI Technologies on LinkedIn and the ZINFI Channel Marketing Best Practices blog.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zinfi-continues-to-thrive-as-a-leader-in-g2s-winter-2025-grid-report-for-partner-management-software-302342740.html

SOURCE ZINFI Technologies, Inc.

Continue Reading

Trending