Global drone airspace security system market faces significant challenges due to high research and development costs associated with developing effective drone security systems. As drones become more advanced with greater payloads and flight ranges, it is becoming increasingly difficult for security systems to detect and identify rogue or unauthorized drones.
Market Opportunity - Growing demand from commercial sectors like oil & gas, transportation
Global drone airspace security system market can witness significant opportunities due to growing demand for drone security from commercial sectors like oil and gas, transportation, and infrastructure development. Unlike military applications, commercial drones are increasingly being used in these sectors for various applications such as inventory management, surveillance of critical infrastructure, transportation and delivery of goods. In May 2021, according to the International Energy Agency, commercial drones can reduce global emissions in the oil and gas industry by 4% by 2040.
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