The global drone sensor market size is projected to reach USD 2342.1 million by 2028 owing to the increasing adoption from the defense industry, states Fortune Business Insights™ in its report, titled “Drone Sensor Market, 2021-2028”. The report further states that the global market value was USD 394.7 million in 2020 and the is expected to register a CAGR of 25.08% from 2021 to 2028.

List of Key Players Profiled in the Drone Sensor Market Report:

• Trimble (US)
• Bosch Sensortec (Germany)
• TDK InvenSense (U.S.)
• Sparton NavEx (US)
• Raytheon (US)
• AMS AG (Austria)
• Flir System (U.S.)
• KVH Industries (U.S.)
• TE connectivity (Switzerland)
• Lord Microstarin (U.S.)
• Other Players

Information Source:

https://www.fortunebusinessinsights.com/drone-sensor-market-102596

Department of Defense Awards Multiple Contracts for Drown Implementation

In July 2020, AirMap, ModalAI, Skydio, Graffiti Enterprises, and Obsidia Sensors were awarded different contracts worth USD 13.4 million by the innovation arm of the Defense Department from the U.S. The contracts were given under the Defense Production Act. The primary aim of these contracts was to provide technical support, analyze, and enhance the technology integration with human beings for the new programs of the Department of Defense (DOD). The department also required AI-enabled drone capabilities from drones to assess the uncharted territories.

Image Sensors Segment to Register Highest CAGR