India Drone Market Poised for Rapid Growth – Expected to Reach $1,437 Million by 2029
The India drone market is set to expand significantly, growing from $654 million in 2024 to $1,437 million by 2029 at a CAGR of 17.0%. The demand for drones is surging across defense, agriculture, e-commerce, surveillance, and infrastructure, driven by technological advancements, favorable government policies, and increasing commercial applications. The drone volume in India is also expected to increase...
India’s Drone Market: Growth, Opportunities, and Strategic Sector Expansion
The India Drone Market is set to grow significantly, expected to increase from USD 654 million in 2024 to USD 1,437 million by 2029, with a compound annual growth rate (CAGR) of 17.0%. This robust growth trajectory is a result of government policy support, rapid technological advancements, and a surge in demand across both defense and commercial sectors. Here, we examine the critical factors driving...
India Drone Market Forecast: Key Trends and Growth Drivers Till 2029
The India Drone Market is projected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, at a CAGR of 17.0% during the forecast period. The Drone volume in the India Drone Market is projected to grow from 10,803 Units in 2024 to 61,393 Units by 2029. The drone market in India is undergoing a significant transformation, propelled by progressive regulations, increasing investments,...