Since the usage of drones is increasing year after year, different global federal agencies have come up with a regulatory framework to keep drone operations under control.
BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Remote Drone Identification System Market – A Global and Regional Analysis.
According to this study, the market size of the global remote drone identification system (RDIS) was valued at $2.8 million in 2021 and is projected to reach $4 million by 2032.
The following factors are responsible for the increase in demand for remote drone identification system:
The detailed study is a compilation of 64 market data tables and 21 figures spread through 155 pages.
Check out the detailed table of content here:
https://bisresearch.com/requestsample?id=1394&type=toc
Analyst’s Take on the Market Projection
According to Arunkumar Sampathkumar, Principal Analyst, BIS Research, “Drone deployment is growing across applications, and the regulatory frameworks are evolving to ensure the safety and efficiency of drone operations. With the ability to detect and track drones being critical in the enforcement of evolving regulations, the integration of remote ID systems is going to be an imminent consequence. Multiple software solution providers are developing capabilities to detect and track drones using remote ID system data. This market is going to enable the expansion of civil airspace management involving multiple government and commercial agencies. With the increasing adoption of drones, the demand for remote ID systems will only grow.”
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https://bisresearch.com/requestsample?id=1394&type=download
Existing Competitive Landscape
The companies that are profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are
Recent Developments in the Global Remote Drone Identification System Market
Broadcast-Based to be the Leading Technology for RDIS Market
The global remote drone identification system broadly runs on two main technologies, namely broadcast-based technology and network-based technology.
According to the study conducted by BIS Research, broadcast-based technology had the highest market share for the remote drone identification system in 2021. In addition to this, the stud also reveals that this technology is going to maintain its dominance during the forecast period of 2022-2032 with an expected growth of 4.2%.
This is because regulatory agencies such as Federal Aviation Administration and European Union Aviation Safety Agency (EASA) have given approval for the use of broadcast-based technology to transmit information about drones to the operators and other government entities. The regulatory bodies have eliminated the use of network-based technology in the latest regulations released by the FAA due to the challenges foreseen in transmitting the information.
Want to learn more about the latest trends in the drone industry? Speak to our analysts
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About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.
Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
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