Tethered Drone Market Size, Growth Trends & Forecast-2028

Tethered Drone Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Quadcopter and Multicopter), Application (Inspection/Surveying/Mapping, Law Enforcement, Search & Rescue, and Others), and End User [Military and Commercial (Energy & Power, Media & Entertainment, Telecom, and Others)]

Publication Month : Jul 2022

  • Report Code : TIPRE00017708
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 175
Inquire Before Buy



The tethered drone market is expected to grow from US$ 78.66 million in 2022 to US$ 730.17 million by 2028; it is estimated to grow at a CAGR of 45.0% from 2022 to 2028.

The growing adoption of tethered drones for different search and rescue operations is one of the major trends emerging among end users. The longer operational capability of these drones provides an appropriate capacity for the search and rescue teams to provide operational support for their operations at remote locations. For instance, in January 2022, one of the search and rescue teams in Scotland announced that they started using small foldable drones weighing less than three pounds, helping them revolutionize their operational capabilities. Such deployment can also help the search and rescue teams that look for survivors during trekking incidents or mountain areas.

Similarly, in August 2021, DJI Mavic Enterprise Dual drones were used in Florida, US, when a 12-story building, named Champlain Towers, collapsed. The use of drones facilitated a 24x7 service to search for survivors and retrieve them from the location by the search and rescue team of the Miami Dade Fire Rescue Department (MDFR). Moreover, several other drones, such as a tethered Fotokite drone, and 8 other drones, such as DJI (Mavic 2 dual and advanced, Matrice 210, Autel Dragonfish, etc.), were used to track down the survivors of the accident across the incident area.

The adoption of tethered drones by search and rescue teams also provides an additional support to different teams to perform their tasks efficiently and saves a greater number of survivors in any of the accidental incidents. The deployment of tethered drones for such operations in the future would provide several opportunities for the tethered drone market  players to grab the significant share and gain a considerable position in the market. Moreover, the companies are developing products that provide support to create communications across the accidental locations in remote areas for search and rescue missions, which is another major trend in the tethered drone market.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Tethered Drone Market: Strategic Insights

Market Size Value inUS$ 78.66 Million in 2022
Market Size Value byUS$ 730.17 Million by 2028
Growth rateCAGR of 45.0% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
Analyst Image


Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst
– Tethered Drone Market

Impact of COVID-19 Pandemic on Tethered Drones Market Growth

The impact of COVID-19 pandemic in the tethered drone market was negative. The tethered drone market growth declined with by double-digit during the FY 2020. As the technology is under growing stage, and there are many unexplored areas of applications across emerging countries, the market has witnessed a decline due to temporary halt of commercial sector worldwide. With several government restrictions for commercial sectors to operate along with strong lockdown restrictions, several law enforcement agencies have driven the market during 2020. For instance, the deployment of the drones across different regions for operations, such as crowd monitoring, situational awareness, curfew enforcement operations, live broadcasting activities, body temperature scanning, and weather data collection, fueled the market during the pandemic. However, in 2021, as the commercial operations resumed, the adoption of tethered drones had been on the rise as most of the market players have started to focus on the development of new and innovative solutions for several commercial application industries. All these factors are expected to propel the tethered drone market size during the post-pandemic recovery period. 

Lucrative Regions for Tethered Drone Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Market Insights – Tethered Drone Market

Based on region, the tethered drone market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America is expected to dominate the market in 2022in terms of tethered drone market share, and is expected to retain its dominance during the forecast period, followed by Europe and Asia Pacific. Further, the tethered drone market growth in Asia Pacific is attributed to the rising investments in the deployment of drones across the military sectors of different countries, including China and India.

End User Insights – Tethered Drone Market

Based on end user, the tethered drone market is segmented into military and commercial. The military segment is expected to dominate the market in 2022in terms of market share. Also, the segment is expected to retain its dominance during the forecast period. The tethered drone market size for the military segment is mainly attributed to the rising military investments in UAV procurements, addition of several military UAV programs across different armed forces worldwide, and the rising deployment of UAV and related systems for specific military operations such as surveillance and continuous monitoring missions.

Hoverfly Technologies, Yuneec Holdings, Fotokite, Volarios, and Elistair are among the prominent tethered drone market players operating across the world. The market is highly consolidated, as well-established tethered drone market players and leaders in the market that account for a larger share.

Players operating in the tethered drone market are mainly focused on providing efficient tethered drone systems to customers. The market vendors are also witnessing a rise in demand for the procurement of tethered drones across several commercial applications. Therefore, many companies are focusing to expand their product offerings to commercial end users. For this, the vendors are also taking initiatives to partner with different companies to develop a sustainable solution for the commercial sector. For instance,

  • In 2022, Zenith AeroTech, a leading developer of heavy-lift tethered aerial vehicles, formed a strategic partnership with VIRTEX Enterprises, an Austin-based electronics manufacturing service provider, to meet increasing customer demand for tethered aerial vehicles in shorter timeframes and for these platforms to be NDAA compliant.
  • In 2020, Novadem received a new order for around fifty more NX70 micro-drones from the French Defense procurement agency (DGA) at the end of 2020. This is the third order in two years, demonstrating the French Ministry of Army’s and NOVADEM’s mutual trust.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Application, and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions

What is the estimated global market size for the tethered drone market in 2022?

The estimated global market size for the tethered drone market in 2022 is expected to be around US$ 78.66 million

What are the driving factors impacting the tethered drone market?

Increasing demand for long operational ISR drones for military applications
Development of tethered drones for commercial applications

What is the future trend in the tethered drone market?

Use of tethered drones for search & rescue operations

Which are the key players holding the major market share of tethered drone market?

Hoverfly Technologies, Yuneec Holding Ltd., Fotokite, Volarious, and Elistair are the key market players expected to hold a major market share of tethered drone market in 2022

Which is the fastest growing regional market?

Asia Pacific is expected to register highest CAGR in the tethered drone market during the forecast period (2022-2028)

Which countries are registering a high growth rate during the forecast period?

India, China, and South Korea are expected to register high growth rate during the forecast period

Which country is holding the major market share of tethered drone market?

The US is expected to hold a major market share of tethered drone market in 2022

Which is the leading tethered drones type segment in the tethered drone market?

Quadcopter segment is expected to hold a major market share of tethered drone market in 2022

What will be the global market size of tethered drone market by 2028?

The global market size of tethered drone market by 2028 will be around US$ 730.17 million

What is the incremental growth of the tethered drone market during the forecast period?

The tethered drone market is expected to register an incremental growth value of US$ 651.51 million during the forecast period

The List of Companies – Tethered Drone Market

  1. Acecore Technologies
  2. ECA Group
  3. Elistair
  4. Fotokite
  5. Menet Aero (NTP Inc.)
  6. Hoverfly Technologies
  7. Novadem
  9. Yuneec Holding Ltd.
  10. Skyshot Private Limited

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Related Reports