Global Commercial Drones Market Report 2024

Commercial Drones Global Market Report 2024 – By Type (Fixed wing drones, Rotary blade drones, Hybrid drones), By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Application (Agriculture and environment, Media and entertainment, Energy, Government, Construction & archaeology, Others) – Market Size, Trends, And Global Forecast 2024-2033

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Commercial Drones Market Definition And Segments

Commercial drone refers to unmanned aerial vehicles that are used for industrial and business purposes. These multi-functional flying devices are used by entities to collect and consolidate data and conduct safety and security checks and inspections.

The main types of commercial drones are fixed-wing drones, rotary-blade drones, and hybrid drones. A fixed-wing drone is a plane that doesn’t have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or autonomously by onboard systems. The different technologies include remotely operated, semi-autonomous, autonomous, and are used in agriculture and the environment, media and entertainment, energy, government, construction, and archaeology, among others.

The commercial drones market covered in this report is segmented –

1) By Type: Fixed wing drones, Rotary blade drones, Hybrid drones

2) By Technology: Remotely Operated, Semi-Autonomous, Autonomous

3) By Application: Agriculture and environment, Media and entertainment, Energy, Government, Construction & archaeology, Others

The commercial drones market size has grown rapidly in recent years. It will grow from $1.95 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to technological advancements, regulatory frameworks, industry-specific applications, growing awareness.

The commercial drones market size is expected to see strong growth in the next few years. It will grow to $2.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to expanding use cases, data analytics and ai integration, environmental and sustainability initiatives, investment and research, urbanization and infrastructure development. Major trends in the forecast period include increased adoption in various industries, technological advancements, use of drones in e-commerce and delivery, rise of drone-as-a-service (daas) model.

Increasing Use Of Commercial Drones In Last-Mile Delivery

Commercial drones are being considered by companies that have last-mile delivery as their main business process. The drones will help reduce the cost per delivery and delivery time, thus increasing profits. Increasing the growth of the commercial drones market. According to a McKinsey report, if companies save 40% of their delivery costs using drones, then they will enjoy a 15%–20% increase in their profit margin and a 15-20% decrease in their product or service prices. For example, in June 2022, Amazon.com, Inc., a US-based web service provider and online retailer, started Prime Air Service in California, the USA. Using drones, Amazon's Prime Air service is expected to deliver packages weighing up to five pounds in less than an hour. Customers in Lockeford, California, and College Station, Texas, will be able to use the service.

Defense Industry Fuels Growth Of Commercial Drone Market

The rising overall demand and budget of the defense industry are expected to propel the growth of the commercial drone market going forward. The defense industry encompasses a broad range of companies, organizations, and government entities involved in researching, developing, producing, and distributing military equipment, technology, and services for the armed forces. Commercial drones offer benefits in defense by providing cost-effective reconnaissance, surveillance, and data gathering, enhancing situational awareness, and reducing risks to military personnel. For instance, in December 2022, according to the Ministry of Defense (MOD) departmental resources 2022, published by the UK government, defense spending for 2021–2022 accounted for $58.39 (£45.930) billion, an increase of 8.4% compared to $53.85 (£42.365) billion in 2020–2021. Therefore, the rising overall demand and budget of the defense industry are driving the growth of the commercial drone market.

Major companies operating in the commercial drones market include SZ DJI Technology Co. Ltd., Parrot SA, AeroVironment Inc., PrecisionHawk Inc., Draganfly Inc., 3D Robotics Inc., AsTec, XAIRCRAFT Technology Co. Ltd., ZeroTech Robotics, Yamaha Motor Co. Ltd., Lockheed Martin Corporation, Yuneec International Co. Ltd., DroneDeploy Inc., senseFly Ltd., Insitu a Boeing Company, Kespry Inc., LiDARUSA, EHang Holdings Limited, Delair, Nutel Communications Pvt Ltd., CyPhy Works Inc., Aerialtronics (Note: The company is now part of DroneMatrix), GoPro Inc., FLIR Systems Inc., Intel Corporation, Skycatch Inc., Raptor Maps Inc., DroneBase Inc., Cape Analytics Inc., Drone Volt, Cyberhawk Innovations Ltd., Flytrex Aviation Ltd., Volansi Inc., Flirtey, Skyfront, Vaayu Drones

Disruptions In Supply Chain And Manufacturing

Increasing supply chain and manufacturing disruptions are limiting the sales of drones owing to the COVID-19 outbreak. Drone manufacturers are struggling to meet production schedules across the world owing to the disruptions caused by COVID-19 lockdowns in Chinese manufacturing systems. In August 2023, according to a report by Dronelife, states that Skydio, a California-based drone manufacturer, has discontinued its consumer drone offerings due to the shortage of components has led to a delay in the production of drones.

Innovations In Drone Leasing

Drone leasing is a better offer for most companies seeking to save on drone-related investments. Many entry-level companies that do not have sufficient financial backing can aid themselves by leasing drone-related solutions rather than purchasing them at full price. For example, Kespry and LiDARUSA are companies that focus on leasing commercial drones to other companies.

Innovative Advancements In The Commercial Drone Market

Major companies operating in the commercial drone market are focusing on developing innovative products such as the Skydio X10 for thermal imaging purposes. The Skydio X10 is a commercial drone designed for enterprise-level customers. For instance, in September 2023, Skydio, a US-based drone manufacturing company, launched a new Skydio X10. The X10 is the first drone ever to integrate a FLIR Boson+ sensor, delivering the highest quality thermal imaging. The drone is capable of resolutions of 640 x 512 px and offers increased sensitivity down to <=30 mK. The X10 has a flight time of 40 minutes, a transmission range of 7.5 miles, and a maximum flight speed of 45mph. The drone is IP55-certified against dust and water and has a deployment time of less than 40 seconds.

Strategic Acquisition Enhances Capabilities In The Drone Industry

In January 2023, Ondas Holdings Inc., a US-based enterprise autonomous systems company, acquired Airobotics for $15.2 million. With the acquisition, it will strengthen its position in the drone market and expand its capabilities to design, develop, and provide a broad set of commercial drone solutions. Airobotics is an Israel-based drone system and platform developer company that sells drones, creates specialized solutions, and provides a broad set of commercial drone solutions.

North America was the largest region in commercial drones market in 2023. North America is expected to be the fastest-growing region in the commercial drones market during the forecast period. The regions covered in the commercial drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the commercial drones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The commercial drones market consists of sales of commercial drones for surveying, mapping, imaging, and search and rescue purposes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The commercial drones market research report is one of a series of new reports from The Business Research Company that provides commercial drones market statistics, including commercial drones industry global market size, regional shares, competitors with a commercial drones market share, detailed commercial drones market segments, market trends and opportunities, and any further data you may need to thrive in the commercial drones industry. This commercial drones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Commercial Drones Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $2.17 billion
Revenue Forecast In 2033 $2.88 billion
Growth Rate CAGR of 7.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Fixed wing drones, Rotary blade drones, Hybrid drones
2) By Technology: Remotely Operated, Semi-Autonomous, Autonomous
3) By Application: Agriculture and environment, Media and entertainment, Energy, Government, Construction & archaeology, Others
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled SZ DJI Technology Co. Ltd.; Parrot SA; AeroVironment Inc.; PrecisionHawk Inc.; Draganfly Inc.; 3D Robotics Inc.; AsTec; XAIRCRAFT Technology Co. Ltd.; ZeroTech Robotics; Yamaha Motor Co. Ltd.; Lockheed Martin Corporation; Yuneec International Co. Ltd.; DroneDeploy Inc.; senseFly Ltd.; Insitu a Boeing Company; Kespry Inc.; LiDARUSA; EHang Holdings Limited; Delair; Nutel Communications Pvt Ltd; CyPhy Works Inc.; Aerialtronics (Note: The company is now part of DroneMatrix); GoPro Inc.; FLIR Systems Inc.; Intel Corporation; Skycatch Inc.; Raptor Maps Inc.; DroneBase Inc.; Cape Analytics Inc.; Drone Volt; Cyberhawk Innovations Ltd; Flytrex Aviation Ltd.; Volansi Inc.; Flirtey; Skyfront; Vaayu Drones
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Commercial Drones Market Characteristics

    3. Commercial Drones Market Trends And Strategies

    4. Commercial Drones Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Commercial Drones Market Size and Growth

    5.1. Global Commercial Drones Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Commercial Drones Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Commercial Drones Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Commercial Drones Market Segmentation

    6.1. Global Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fixed-wing drones

    Rotary blade drones

    Hybrid drones

    6.2. Global Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Remotely Operated

    Semi-Autonomous

    Autonomous

    6.3. Global Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Agriculture and environment

    Media and entertainment

    Energy

    Government

    Construction & archaeology

    Other Applications

    7. Commercial Drones Market Regional And Country Analysis

    7.1. Global Commercial Drones Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Commercial Drones Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Commercial Drones Market

    8.1. Asia-Pacific Commercial Drones Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Commercial Drones Market

    9.1. China Commercial Drones Market Overview

    9.2. China Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Commercial Drones Market

    10.1. India Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Commercial Drones Market

    11.1. Japan Commercial Drones Market Overview

    11.2. Japan Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Commercial Drones Market

    12.1. Australia Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Commercial Drones Market

    13.1. Indonesia Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Commercial Drones Market

    14.1. South Korea Commercial Drones Market Overview

    14.2. South Korea Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Commercial Drones Market

    15.1. Western Europe Commercial Drones Market Overview

    15.2. Western Europe Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Commercial Drones Market

    16.1. UK Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Commercial Drones Market

    17.1. Germany Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Commercial Drones Market

    18.5. France Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Commercial Drones Market

    19.9. Italy Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Commercial Drones Market

    20.13. Spain Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Commercial Drones Market

    21.1. Eastern Europe Commercial Drones Market Overview

    21.2. Eastern Europe Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Commercial Drones Market

    22.1. Russia Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Commercial Drones Market

    23.1. North America Commercial Drones Market Overview

    23.2. North America Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Commercial Drones Market

    24.1. USA Commercial Drones Market Overview

    24.2. USA Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Commercial Drones Market

    25.1. Canada Commercial Drones Market Overview

    25.2. Canada Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Commercial Drones Market

    26.1. South America Commercial Drones Market Overview

    26.2. South America Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Commercial Drones Market

    27.1. Brazil Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Commercial Drones Market

    28.1. Middle East Commercial Drones Market Overview

    28.2. Middle East Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Commercial Drones Market

    29.1. Africa Commercial Drones Market Overview

    29.2. Africa Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Commercial Drones Market Competitive Landscape And Company Profiles

    30.1. Commercial Drones Market Competitive Landscape

    30.2. Commercial Drones Market Company Profiles

    30.2.1. SZ DJI Technology Co. Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Parrot SA

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. AeroVironment Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. PrecisionHawk Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Draganfly Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Commercial Drones Market Competitive Benchmarking

    32. Global Commercial Drones Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Commercial Drones Market

    34. Commercial Drones Market Future Outlook and Potential Analysis

    34.1 Commercial Drones Market In 2028 - Countries Offering Most New Opportunities

    34.2 Commercial Drones Market In 2028 - Segments Offering Most New Opportunities

    34.3 Commercial Drones Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Commercial Drones Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Commercial Drones Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: SZ DJI Technology Co. Ltd. Financial Performance
  • Table 75: Parrot SA Financial Performance
  • Table 76: AeroVironment Inc. Financial Performance
  • Table 77: PrecisionHawk Inc. Financial Performance
  • Table 78: Draganfly Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Commercial Drones Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Commercial Drones Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Commercial Drones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Commercial Drones Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Commercial Drones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: SZ DJI Technology Co. Ltd. Financial Performance
  • Figure 75: Parrot SA Financial Performance
  • Figure 76: AeroVironment Inc. Financial Performance
  • Figure 77: PrecisionHawk Inc. Financial Performance
  • Figure 78: Draganfly Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the commercial drones market?

Commercial drone refers to unmanned aerial vehicles that are used for industrial and business purposes. These multi-functional flying devices are used by entities to collect and consolidate data and conduct safety and security checks and inspections. For further insights on the commercial drones market, request a sample here

How will the commercial drones market drivers and restraints affect the commercial drones market dynamics? What forces will shape the commercial drones industry going forward?

The commercial drones market major growth driver - increasing use of commercial drones in last-mile delivery. For further insights on the commercial drones market, request a sample here

What is the forecast market size or the forecast market value of the commercial drones market ?

The commercial drones market size has grown rapidly in recent years. It will grow from $1.95 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to technological advancements, regulatory frameworks, industry-specific applications, growing awareness. The commercial drones market size is expected to see strong growth in the next few years. It will grow to $2.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to expanding use cases, data analytics and ai integration, environmental and sustainability initiatives, investment and research, urbanization and infrastructure development. Major trends in the forecast period include increased adoption in various industries, technological advancements, use of drones in e-commerce and delivery, rise of drone-as-a-service (daas) model. For further insights on the commercial drones market, request a sample here

How is the commercial drones market segmented?

The commercial drones market is segmented
1) By Type: Fixed wing drones; Rotary blade drones; Hybrid drones
2) By Technology: Remotely Operated; Semi-Autonomous; Autonomous
3) By Application: Agriculture and environment; Media and entertainment; Energy; Government; Construction & archaeology; Others For further insights on the commercial drones market, request a sample here

Which region has the largest share of the commercial drones market? What are the other regions covered in the report?

North America was the largest region in commercial drones market in 2023. North America is expected to be the fastest-growing region in the commercial drones market during the forecast period. The regions covered in the commercial drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the commercial drones market, request a sample here.

Who are the major players in the commercial drones market?

Major companies operating in the commercial drones market include SZ DJI Technology Co. Ltd., Parrot SA, AeroVironment Inc., PrecisionHawk Inc., Draganfly Inc., 3D Robotics Inc., AsTec, XAIRCRAFT Technology Co. Ltd., ZeroTech Robotics, Yamaha Motor Co. Ltd., Lockheed Martin Corporation, Yuneec International Co. Ltd., DroneDeploy Inc., senseFly Ltd., Insitu a Boeing Company, Kespry Inc., LiDARUSA, EHang Holdings Limited, Delair, Nutel Communications Pvt Ltd, CyPhy Works Inc., Aerialtronics (Note: The company is now part of DroneMatrix), GoPro Inc., FLIR Systems Inc., Intel Corporation, Skycatch Inc., Raptor Maps Inc., DroneBase Inc., Cape Analytics Inc., Drone Volt, Cyberhawk Innovations Ltd, Flytrex Aviation Ltd., Volansi Inc., Flirtey, Skyfront, Vaayu Drones For further insights on the commercial drones market, request a sample here.

What are the key trends in the commercial drones market?

Major trend in the commercial drones market - innovations in drone leasing. For further insights on the commercial drones market, request a sample here.

What are the major opportunities in the commercial drones market? What are the strategies for the commercial drones market?

For detailed insights on the major opportunities and strategies in the commercial drones market, request a sample here.

How does the commercial drones market relate to the overall economy and other similar markets?

For detailed insights on commercial drones market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the commercial drones industry?

For detailed insights on the mergers and acquisitions in the commercial drones industry, request a sample here.

What are the key dynamics influencing the commercial drones market growth? SWOT analysis of the commercial drones market.

For detailed insights on the key dynamics influencing the commercial drones market growth and SWOT analysis of the commercial drones industry, request a sample here.