Commercial Drone Market Size - By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End Use - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032
Global Commercial Drone Market Overview:
According to SPER Market Research, the Global Commercial Drone Market is estimated to reach USD 2058.86 million by 2032 with a CAGR of 58%
Drones are employed for a variety of tasks, including filming and emergency response. Due to their capacity to survey property, offer ongoing and accurate project alerts, increase safety, and prevent hazardous accidents on construction sites, these devices are also in high demand in the real estate and construction sectors. Drone business use cases have expanded significantly over the past few years. Designing, evaluating, and upgrading solutions for diverse markets is an ongoing task for market participants like drone producers and software providers. For instance, the Adopt Drones campaign was introduced by The Drone Federation of India. To hasten the deployment of drone technologies powered by AI with the use of Amazon Web Services (AWS) cloud services.
The Adopt Drones Program will reward drone application developers that apply machine learning to offer profound insights from data collected by drones. AWS will provide assistance to drone app developers in a number of ways, such as technical review of solutions for cost and performance optimization, AWS Promotional Credits to let developers use the breadth and depth of AWS Cloud services to build, test, and deploy secure and scalable solutions on the cloud, and go-to-market support to help developers pitch the solution to big businesses.
Impact of COVID-19 on the Global Commercial Drone Market
Following the worldwide corona virus epidemic, there has been a considerable surge in the utilization of drone technology in a variety of contexts, with drones proving to be of enormous help in such circumstances. In order to accelerate turnaround times for deliveries of medical supplies and lab specimens and decrease the likelihood of infection, drones are increasingly being used in the healthcare industry. According to numerous authorities, many great powers have so far employed drones for distribution and shipping during the pandemic.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End Use
Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Companies Covered AeroVironment Inc., Agua Drone LCC, Autel robotics Co. Ltd., BAE Systems PLC, Draganfly Inc., DRONE VOLT group, Freefly
Global Commercial Drone Market Segmentation:
By Product Type: Based on the Product Type, Global Commercial Drone Market is segmented as; Flexed Wing Drones, Hybrid Drones, Rotary Blade Drones.
By Weight: Based on the Weight, Global Commercial Drone Market is segmented as;< 2Kg, 2Kg – 25Kg, 25Kg – 150Kg.
By Technology: Based on the Technology, Global Commercial Drone Market is segmented as; Autonomous, Remotely Operated, Semi-Autonomous.
By System: Based on the System, Global Commercial Drone Market is segmented as; Airframe, Hardware, Payloads, Propulsion System, Software, Others.
By Mode Of Operation: Based on the Mode Of Operation, Global Commercial Drone Market is segmented as; Autonomous, Remotely Operated, Semi-Autonomous.
By Application: Based on the Application, Global Commercial Drone Market is segmented as; Agriculture and environment, Construction & archaeology, Energy, Filming and Photography, Government, Inspection and Maintenance, Mapping and Surveying, Media and entertainment, Precision Agriculture, Surveillance and Monitoring, Others.
By End Use: Based on the End Use, Global Commercial Drone Market is segmented as; Agriculture, Delivery & Logistics, Energy, Media & Entertainment, Real Estate & Construction, Security & Law Enforcement, Others.
By Region: The commercial drone’s industry was dominated by North America. In the projection period, North America is anticipated to have the quickest growth. The widespread use of cutting-edge technology like artificial intelligence and machine learning in drones is the main element driving the worldwide market for commercial drones. The government is starting a number of initiatives to promote the use of drones in the nation, which is fostering the market's expansion.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Commercial Drone Market
- 5. Market variables and outlook
- 5.1 SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Global Commercial Drone Market, By Product Type, 2019-2032 (USD Million)
- 6.1. Flexed Wing Drones
- 6.2. Hybrid Drones
- 6.3. Rotary Blade Drones
- 7. Global Commercial Drone Market, By Weight, 2019-2032 (USD Million)
- 7.1.< 2Kg
- 7.2. 2Kg – 25Kg
- 7.3. 25Kg – 150Kg
- 8. Global Commercial Drone Market, By Technology, 2019-2032 (USD Million)
- 8.1. Autonomous
- 8.2. Remotely Operated
- 8.3. Semi-Autonomous
- 9. Global Commercial Drone Market, By System, 2019-2032 (USD Million)
- 9.1. Airframe
- 9.2. Hardware
- 9.3. Payloads
- 9.4. Propulsion System
- 9.5. Software
- 9.6. Others
- 10. Global Commercial Drone Market, By Mode Of Operation, 2019-2032 (USD Million)
- 10.1 Autonomous
- 10.2 Remotely Operated
- 10.3 Semi-Autonomous
- 11. Global Commercial Drone Market, By Application, 2019-2032 (USD Million)
- 11.1 Agriculture and environment
- 11.2 Construction & archaeology
- 11.3 Energy
- 11.4 Filming and Photography
- 11.5 Government
- 11.6 Inspection and Maintenance
- 11.7 Mapping and Surveying
- 11.8 Media and entertainment
- 11.9 Precision Agriculture
- 11.10 Surveillance and Monitoring
- 11.11 Others
- 12. Global Commercial Drone Market, By End Use, 2019-2032 (USD Million)
- 12.1 Agriculture
- 12.2 Delivery & Logistics
- 12.3 Energy
- 12.4 Media & Entertainment
- 12.5 Real Estate & Construction
- 12.6 Security & Law Enforcement
- 12.7 Others
- 13. Global Commercial Drone Market, By Region, 2019-2032 (USD Million)
- 13.1 North America
- 13.1.1 United States
- 13.1.2 Canada
- 13.1.3 Mexico
- 13.2 Europe
- 13.2.1 Germany
- 13.2.2 United Kingdom
- 13.2.3 France
- 13.2.4 Italy
- 13.2.5 Spain
- 13.2.6 Rest of Europe
- 13.3 Asia-Pacific
- 13.3.1 China
- 13.3.2 Japan
- 13.3.3 India
- 13.3.4 Australia
- 13.3.5 South Korea
- 13.3.6 Rest of Asia-Pacific
- 13.4 South America
- 13.4.1 Brazil
- 13.4.2 Argentina
- 13.4.3 Rest of South America
- 13.5 Middle East & Africa
- 13.5.1 Kingdom of Saudi Arabia
- 13.5.2 United Arab Emirates
- 13.5.3 Rest of Middle East & Africa
- 14. Company Profiles
- 14.1 AeroVironment Inc.
- 14.1.1 Company details
- 14.1.2 Financial outlook
- 14.1.3 Product summary
- 14.1.4 Recent developments
- 14.2 Agua Drone LCC
- 14.2.1 Company details
- 14.2.2 Financial outlook
- 14.2.3 Product summary
- 14.2.4 Recent developments
- 14.3 Autel robotics Co. Ltd.
- 14.3.1 Company details
- 14.3.2 Financial outlook
- 14.3.3 Product summary
- 14.3.4 Recent developments
- 14.4 BAE Systems PLC
- 14.4.1 Company details
- 14.4.2 Financial outlook
- 14.4.3 Product summary
- 14.4.4 Recent developments
- 14.5 Draganfly Inc.
- 14.5.1 Company details
- 14.5.2 Financial outlook
- 14.5.3 Product summary
- 14.5.4 Recent developments
- 14.6 DRONE VOLT group
- 14.6.1 Company details
- 14.6.2 Financial outlook
- 14.6.3 Product summary
- 14.6.4 Recent developments
- 14.7 Freefly Systems
- 14.7.1 Company details
- 14.7.2 Financial outlook
- 14.7.3 Product summary
- 14.7.4 Recent developments
- 14.8 General Atomics Aeronautical Systems Inc.
- 14.8.1 Company details
- 14.8.2 Financial outlook
- 14.8.3 Product summary
- 14.8.4 Recent developments
- 14.9 Israel Aerospace Industry
- 14.9.1 Company details
- 14.9.2 Financial outlook
- 14.9.3 Product summary
- 14.9.4 Recent developments
- 14.10 Kespry Inc.
- 14.10.1 Company details
- 14.10.2 Financial outlook
- 14.10.3 Product summary
- 14.10.4 Recent developments
- 14.11 Leonardo S.P.A.
- 14.11.1 Company details
- 14.11.2 Financial outlook
- 14.11.3 Product summary
- 14.11.4 Recent developments
- 14.12 Lockheed Martin Corp.
- 14.12.1 Company details
- 14.12.2 Financial outlook
- 14.12.3 Product summary
- 14.12.4 Recent developments
- 14.13 Northrop Grumman
- 14.13.1 Company details
- 14.13.2 Financial outlook
- 14.13.3 Product summary
- 14.13.4 Recent developments
- 14.14 Parrot Drone SAS
- 14.14.1 Company details
- 14.14.2 Financial outlook
- 14.14.3 Product summary
- 14.14.4 Recent developments
- 14.15 Safran SA
- 14.15.1 Company details
- 14.15.2 Financial outlook
- 14.15.3 Product summary
- 14.15.4 Recent developments
- 14.16 SYMA International Trade Development Ltd.
- 14.16.1 Company details
- 14.16.2 Financial outlook
- 14.16.3 Product summary
- 14.16.4 Recent developments
- 14.17 Tata Advanced Systems Ltd.
- 14.17.1 Company details
- 14.17.2 Financial outlook
- 14.17.3 Product summary
- 14.17.4 Recent developments
- 14.18 Thales Group
- 14.18.1 Company details
- 14.18.2 Financial outlook
- 14.18.3 Product summary
- 14.18.4 Recent developments
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