Global Drone Servicing/Repair Market Trends And Strategies Of Major Players In The Drone Servicing/Repair Market 2021-2030
11 Aug, 2021
The drone servicing/repair market consists of sales of drone services and related repairs by entities (organizations, sole traders, and partnerships) that provide various types of services such as surveillance, monitoring, aerial photography, mapping, and others. Drone services, also referred to as unmanned aerial vehicle (UAV) services are centered on flying robots that may be commanded remotely or operated autonomously utilizing software-controlled flight plans in their embedded devices.
Global Drone Servicing/Repair Market Size And Drivers:
The global drone servicing/repair market is expected to grow from $5.77 billion in 2020 to $8.61 billion in 2021 at a compound annual growth rate (CAGR) of 49.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The drone servicing/repair market is expected to reach $43.68 billion in 2025 at a CAGR of 50.1%. The growing adoption of precision agriculture practices is expected to drive the growth of the drone servicing or repair market in the coming years.
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Trends In The Global Drone Servicing/Repair Market
The growing technological advancements are an emerging trend in the drone servicing or repair market. Major companies operating in the drone servicing or repair sector are focused on developing technological solutions for drone services to strengthen their position.
Global Drone Servicing/Repair Market Segments:
The global drone servicing/repair market is further segmented based on type, duration of service, solution, application, end use industry and geography.
By Type: Drone Platform Service, MRO, Training And Education
By Duration Of Service: Short Duration Service, Long Duration Service
By Solution: Enterprise Solutions, Point Solutions
By Application: Aerial Photography And Remote Sensing, Data Acquisition And Analytics, Mapping And Surveying, 3D Modeling, Inspection And Environmental Monitoring, Others
By End Use Industry: Oil And Gas, Agriculture, Logistics, Media And Entertainment, Utility And Power, Others
By Geography: The global drone servicing/repair market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the drone servicing/repair market in 2020.
Read More On The Report For The Global Drone Servicing/Repair Market At:https://www.thebusinessresearchcompany.com/report/drone-servicing-repair-global-market-report
Drone Servicing/Repair Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides drone servicing/repair market overviews, analyzes and forecasts market size and growth for the global drone servicing/repair market, drone servicing/repair market share, drone servicing/repair market players, drone servicing/repair market segments and geographies, drone servicing/repair market’s leading competitors’ revenues, profiles and market shares. The drone servicing/repair market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.