Urban UAV Navigation and Communication Market - Regional Analysis
North America Market Insights
North America in urban UAV navigation and communication market is estimated to dominate around 44.5% revenue share by the end of 2035, owing to the supportive regulations and policies on drone usage. The presence of key market players and high-tech companies is also contributing to the growth of the market.
In the U.S. the use of drones is high due to clearer regulations and guidelines by government agencies such as the Federal Aviation Administration and Transport Canada, respectively. Innovations in navigation systems such as GPS enhancements and the adoption of 5G networks are pushing the demand for improved UAVs in the U.S.
In Canada, the rise in e-commerce activities and the growing adoption of advanced technologies are increasing the application of UAVs for last-mile delivery, emergency services, and infrastructure monitoring in densely populated areas. For instance, Canada has over 1000 drone companies operating in the country and more than 53,000 drones have been registered with Transport Canada to date.
Europe Market Insights
Europe is the second largest market for urban UAV navigation and communication owing to their increasing usage in construction applications. Government agencies are also making high use of drones fitted with thermal imaging cameras in the military, wildlife conversations, and emergencies. The UK, Germany, France, and the Netherlands are some of the most lucrative marketplaces for UAV manufacturers.
The UK is witnessing increasing entrance of start-ups contributing to the market growth. Sees.ai is a UK-based start-up focused on developing advanced drones used in various applications. For instance, in March 2023, the company received authorization from the CAA for routine BVLOS operations.
