Malaysia Drone Market Size, Share, Opportunities, And Trends By Component (Hardware, Software), By Product Type (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone), By EU Classified Weight Class (C0, C1, C2, C3, C4, Others), By Application (Commercial Drone (Government, Energy, Military and Defense, Construction, Agriculture, Security and Surveillance, Others), Consumer Drone (Hobby and Gaming, Aerial Photography), And By State - Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061616949
- Pages : 85
The Malaysia drone market is expected to grow at a CAGR of 21.42%, reaching a market size of US$12,993.298 million in 2030 from US$4,928.072 million in 2025.
The drone market in Malaysia is growing as drones are increasingly gaining attention among the younger generation and are now seen as exciting recreational options to try. People operate drones for various activities, such as getting breathtaking shots and creating videos (aerial photography and cinematography), entertainment purposes and fun, delivery, and many others. Furthermore, there are sectors like agriculture, military, mining, construction, and many others, where drones are utilized in the country for numerous purposes.
Moreover, the Malaysian government is also supporting the drone market growth while establishing regulations to ensure safe drone operations. These guidelines increase people's assurance in utilizing and investing in drones. Comprehensively, Malaysia's drone market is getting increasingly fascinating, with new developments and innovations being introduced regularly.
Further, the increasing demand for drones in various industries has also increased the market demand and also increased the growth of various other industries. As stated by the World Bank, after the slowdown in Malaysian industries, there has been significant growth in recent years. For instance, the value added by the industries in percentage of GDP increased from 37.72% in 2021 to 39.10% in 2022. This growth is anticipated to majorly impact the drone industry in the region.
What are the Malaysia Drone Market drivers?
- Increasing advancements in artificial intelligence (AI) and IoT are expected to drive the overall market growth
With the advent of the Internet of Things (IoT), artificial intelligence (AI), and data analytics, the use and applications of drones have grown beyond aerial photography, package delivery, and dazzling drone light displays. Scope for enhancement and advancement of drone technology is envisaged for many sectors, including energy, agriculture, and oil and gas. Due to their manifold merits, drone cameras are expected adopted by both the government and the general public. It is projected that the IoT sector will contribute RM 42.5 billion to GDP by 2025, according to MAMPU. The government stood to gain by investing more in technology as the returns on the Internet of Things (IoT) in the country were increasing even though imports have gone dramatically high.
- Growing government initiatives and regulations have propelled the Malaysian drone market globally.
Government actions and regulations have a significant impact on the Malaysian drone market, determining its growth trajectory and operating landscape. The government hopes to exploit the promise of drone technology through proactive measures and strategic interventions while maintaining safety, security, and regulatory compliance. Government initiatives play an important role in creating an environment conducive to the use of drones across several industries. The government promotes firms to engage in drone technology by offering financial incentives, subsidies, and grants, resulting in increased market demand and innovation.
For instance, in the 2023 Drone Readiness Index (DRI), Malaysia's drone industry was placed first in Southeast Asia. The Malaysian government argues that the country has enormous potential to become a major participant in the global drone industry, which is anticipated to reach USD 127 billion by 2025.
Malaysia Drone Market is analyzed into the following segments
- By product type, fixed wing drone is anticipated to grow during the forecast period
The Malaysian drone sector has witnessed a significant surge in the adoption of fixed-wing drones, largely driven by evolving market trends and lucrative opportunities. One key trend shaping this growth is the increasing demand for aerial surveillance and monitoring solutions across various sectors including agriculture, infrastructure, and environmental management. According to the Department of Statistics, Malaysia, construction activity increased by 8.6% year-on-year in the fourth quarter of 2023 in Malaysia marking the seventh consecutive month of expansion, albeit at a slower pace compared to the previous three-month period. Despite slight moderation in residential and special trade sectors, steady increases in non-residential building (27.7%) and civil engineering (41.9%) outputs hint at continued demand for aerial surveying and monitoring solutions. As construction projects intensify, fixed-wing drones become indispensable tools for efficient site mapping, progress tracking, and resource management.
Key launches in the Malaysia Drone Market:
- In December 2024, Malaysia suspects the ASEAN Cup of drone surveillance. Concerns over possible eavesdropping were raised when a drone interrupted Malaysia's first training session in Phnom Penh on December 6, ahead of their opening game versus Cambodia at the 2024 ASEAN Cup.
- In November 2024. Malaysia was chosen by Ukraine as a strategic partner to strengthen cooperation in Southeast Asia's drone industry. This declaration was made when Taras Kachka, the deputy minister of economy for Ukraine, visited Malaysia and co-chaired the Joint Trade Committee's (JTC) first meeting with Liew Chin Tong, the deputy minister of investment, trade, and industry for Malaysia.
Malaysia Drone Market Scope:
Report Metric | Details |
Malaysia Drone Market Size in 2025 | US$4,928.072 million |
Malaysia Drone Market Size in 2030 | US$12,993.298 million |
Growth Rate | CAGR of 21.42% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Million |
Segmentation |
|
List of Major Companies in Malaysia Drone Market |
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Customization Scope | Free report customization with purchase |
The Malaysia drone market is segmented and analyzed as follows:
- By Component
- By Product Type
- Fixed Wing Drone
- Rotary Blade Drone
- Hybrid Drone
- By EU Classified Weight Class
- C0
- C1
- C2
- C3
- C4
- Others
- By Application
- Commercial Drone
- Government
- Energy
- Military and Defense
- Construction
- Agriculture
- Security and Surveillance
- Others
- Consumer Drone
- Hobby and Gaming
- Aerial Photography
- Commercial Drone
- By State
- Johor
Frequently Asked Questions (FAQs)
The malaysia drone market is expected to reach a total market size of US$12,993.298 million by 2030.
Malaysia Drone Market is valued at US$4,928.072 million in 2025.
The malaysia drone market is expected to grow at a CAGR of 21.42% during the forecast period.
The malaysia drone market has been segmented by component, product type, eu classified weight class, application, and state.
Prominent key market players in the malaysia drone market include Alphaswift Industries Sdn., Aerodyne Group, Braintree Technologies, Vortex Edge Sdn Bhd, among others.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. MALAYSIA DRONE MARKET BY COMPONENT
5.1. Introduction
5.2. Hardware
5.3. Software
6. MALAYSIA DRONE MARKET BY PRODUCT TYPE
6.1. Introduction
6.2. Fixed Wing Drone
6.3. Rotary Blade Drone
6.4. Hybrid Drone
7. MALAYSIA DRONE MARKET BY EU CLASSIFIED WEIGHT CLASS
7.1. Introduction
7.2. C0
7.3. C1
7.4. C2
7.5. C3
7.6. C4
7.7. Others
8. MALAYSIA DRONE MARKET BY APPLICATION
8.1. Introduction
8.1.1. Commercial Drone
8.1.2. Government
8.1.3. Energy
8.1.4. Military and Defense
8.1.5. Construction
8.1.6. Agriculture
8.1.7. Security and Surveillance
8.1.8. Others
8.2. Consumer Drone
8.2.1. Hobby and Gaming
8.2.2. Aerial Photography
9. MALAYSIA DRONE MARKET BY STATE
9.1. Introduction
9.2. Johor
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1 . Alphaswift Industries Sdn.
11.2 . Aerodyne Group
11.3 . Strat Aero Malaysia Sdn Bhd
11.4 . Terra Drone Technology Malaysia Sdn. Bhd. (Terra Drone Corp.).
11.5 . Braintree Technologies
11.6 . Vortex Edge Sdn Bhd
11.7 . Meraque Services Sdn Bhd.
11.8 . Aonic Sdn Bhd.
11.9 . Dji Sunway Pyramid (Dji)
11.10 Parrot Drone Sas.
Alphaswift Industries Sdn.
Aerodyne Group
Strat Aero Malaysia Sdn Bhd
Terra Drone Technology Malaysia Sdn. Bhd. (Terra Drone Corp.).
Braintree Technologies
Vortex Edge Sdn Bhd
Meraque Services Sdn Bhd.
Aonic Sdn Bhd.
Dji Sunway Pyramid (Dji)
Parrot Drone Sas.
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