Market Share of Drone Sensor Industry
The drone sensor market is highly fragmented, with several players accounting for significant amounts of shares in the market. Some of the prominent companies in the drone sensor market are Bosch Sensortec, TE Connectivity, TDK Invensense, Trimble Inc. and Flir Systems, Inc. Companies are investing heavily in research and development for the innovation of new and advanced sensors and related technologies that may be used in different applications of drones. In this regard, OEMs are investing in the research and development of advanced sensors. For instance, in 2019, TDK Corporation launched the ICM-42622 6-axis motion sensor, a 6-axis IMUs optimized sensor. It has various features such as fast sampling capability, higher gyroscope temperature stability, low gyroscope, and accelerometer noise, etc. Likewise, in January 2020, Velodyne Lidar introduced its smallest sensor Velabit designed for UAVs, autonomous vehicles, and robotics. The sensor enables advanced GPS-denied HD mapping in the industry. Larger players in the market are acquiring small players in the market to stay ahead in this highly competitive market, which is also enabling the technology transfer between the companies. For instance, in 2019, EMCORE Corporation acquired the Systron Donner Inertial, Inc., which has helped both the companies to share their sensor expertise. Such acquisitions will make the market more competitive in the years to come.
Drone Sensor Market Leaders
Bosch Sensortec
TDK Invensense
Trimble Inc.
TE Connectivity
Flir Systems, Inc.
*Disclaimer: Major Players sorted in no particular order
