The global market for drone sensors was valued at USD 394.7 million in 2020. However, the COVID-19 pandemic had a significant negative impact on the demand for drone sensors worldwide. Despite this, our analysis shows that the market experienced a higher growth rate of 20.25% in 2020 compared to the average growth rate from 2017 to 2020. Looking ahead, it is projected that the market will grow from USD 394.7 million in 2020 to USD 2342.1 million in 2028, with a compound annual growth rate (CAGR) of 25.08% during the period from 2021 to 2028.
Informational Source:
https://www.fortunebusinessinsights.com/drone-sensor-market-102596
Key Companies Covered in Drone Sensors Market are:
Introduction to Drone Sensors:
Drone sensors are devices that capture and measure various data to enable drones to perceive and interact with their environment. These sensors provide crucial information for navigation, stabilization, obstacle avoidance, aerial mapping, surveillance, and other drone applications.
Global Positioning System (GPS):
GPS sensors are commonly used in drones to determine their precise location and enable autonomous navigation. They receive signals from multiple satellites to calculate the drone's position, altitude, and speed, allowing for accurate flight control and waypoint navigation.
Inertial Measurement Unit (IMU):
An IMU combines accelerometers, gyroscopes, and magnetometers to measure a drone's linear and angular motion. It provides essential data for flight stabilization, attitude control, and compensating for external disturbances.