North American Demand Drives Rapid Growth in Commercial Drone Market, Despite Cyber Threats
• North America to contribute 44% to commercial drone market growth over 2022-2027, with USD 15.4 million contract to FLIR exemplifying demand • Market size estimated to grow by USD 44.85 billion from 2022-2027 at 38.97% CAGR • Rising applications across agriculture, construction, mapping, logistics, and surveillance driving growth • Cybersecurity threats pose a key challenge to growth • Development of lithium-metal batteries an important trend influencing growth