Global Commercial Drones Market 2024-2028

Global Commercial Drones Market 2024-2028


The commercial drones market is forecasted to grow by USD 126870.9 mn during 2023-2028, accelerating at a CAGR of 57.74% during the forecast period. The report on the commercial drones market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising applications of drones, rise in funding for uav manufacturers, and increase in legal acceptance of drone operations for commercial applications.

Technavio's commercial drones market is segmented as below:

By Product
  • Software and services
  • Hardware
By End-user
  • Infrastructure
  • Media and entertainment
  • Public safety
  • Agriculture
  • Others
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the new developments and launches of commercial drones as one of the prime reasons driving the commercial drones market growth during the next few years. Also, growing number of strategic partnerships and development of lithium-metal batteries will lead to sizable demand in the market.

The report on the commercial drones market covers the following areas:
  • Commercial drones market sizing
  • Commercial drones market forecast
  • Commercial drones market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial drones market vendors that include Aeronavics, AeroTargets International LLC, AeroVironment Inc., Anadrone Systems Pvt. Ltd., Arc Sky LLC, Autel Robotics Co. Ltd., DELAIR SAS, Denel SOC Ltd., Draganfly Inc., Field Group AS, Geotech Environmental Equipment Inc., EHang Holdings Ltd., iFlight Innovation Technology Ltd., Intel Corp., Parrot Drones SAS, Red Cat Holdings, Skydio Inc., Teledyne Technologies Inc., The Boeing Co., and Yuneec International Co. Ltd.. Also, the commercial drones market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Commercial Drones Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Commercial Drones Market 2018 - 2022 ($ million)
    • Product segment analysis 2018 - 2022
    • End-user segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Software and services - Market size and forecast 2023-2028
      • Table Data Table on Software and services - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Software and services - Year-over-year growth 2023-2028 (%)
    • Hardware - Market size and forecast 2023-2028
      • Table Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hardware - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Infrastructure - Market size and forecast 2023-2028
      • Table Data Table on Infrastructure - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Infrastructure - Year-over-year growth 2023-2028 (%)
    • Media and entertainment - Market size and forecast 2023-2028
      • Table Data Table on Media and entertainment - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Media and entertainment - Year-over-year growth 2023-2028 (%)
    • Public safety - Market size and forecast 2023-2028
      • Table Data Table on Public safety - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Public safety - Year-over-year growth 2023-2028 (%)
    • Agriculture - Market size and forecast 2023-2028
      • Table Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • France - Market size and forecast 2023-2028
      • Table Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on France - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Rising applications of drones
      • Rise in funding for UAV manufacturers
      • Increase in legal acceptance of drone operations for commercial applications
    • Market challenges
      • Restrictive laws and regulations governing UAV use
      • Cybersecurity threats
      • Short battery life and low payload-carrying capacity of drones
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • New developments and launches of commercial drones
      • Growing number of strategic partnerships
      • Development of lithium-metal batteries
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Aeronavics
    • AeroVironment Inc.
    • Arc Sky LLC
    • Autel Robotics Co. Ltd.
    • DELAIR SAS
    • Draganfly Inc.
    • Field Group AS
    • Geotech Environmental Equipment Inc.
    • EHang Holdings Ltd.
    • iFlight Innovation Technology Ltd.
    • Parrot Drones SAS
    • Skydio Inc.
    • Teledyne Technologies Inc.
    • The Boeing Co.
    • Yuneec International Co. Ltd.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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