by Corinne Gangloff
January 5, 2018
In 2016, US safety and security drone sales totaled $90 million. This includes products and services that are utilized by both commercial and consumer end users, but excludes any military drone use. Safety and security sales are just one segment of the larger drone market, accounting for roughly 20% of the total commercial drone market in 2016. These and other trends are presented in Safety & Security Drones in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Despite the initial hesitance among end users to adopt safety and security drones, sales for these products and services are expected to see stellar growth opportunities over the next several years. Over the short term, safety and security drone sales are expected to nearly double by 2019, reaching $250 million. Between 2019 and 2022, sales are expected to see explosive growth and increase more than fourfold. Long term growth prospects are also bright, with sales projected to increase nearly sevenfold in the six-year period between 2022 and 2028.
The key factors driving gains in the safety and security drone market are:
Safety & Security Drones in the US (published 12/2017, 216 pages) is available for $2900 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email [email protected].
Related studies include:
#3566 Electronic Security Products US Market Forecasts (September 2017)
#3553 Video Surveillance Equipment Market in the US (August 2017)
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