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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461323
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1461323
Commercial Drones Market, By Type, By Maximum Takeoff Weight, By Duration, By Range, By Application, By Geography
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PAGES: 155 Pages
DELIVERY TIME: 2-3 business days
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The Commercial Drones Market is estimated to be valued at USD 22.29 Bn in 2024 and is expected to reach USD 54.11 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2023/2024: | US$ 22.29 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 13.50% | 2030/2031 Value Projection: | US$ 54.11 Bn |
Commercial Drones Market Share (%), By Region, 2024
The commercial drone market has experienced significant growth over the past few years and is expected to witness substantial expansion in the coming years. Commercial drones, also known as unmanned aerial vehicles (UAVs), are seeing increasing adoption across various industry verticals for applications like delivery, agriculture, infrastructure inspection, and filmmaking. The ability of commercial drones to capture aerial images and videos cost-effectively is boosting their utilization. Additionally, ongoing technological advancements like increased payload capacity and flight time are further expanding the capabilities of these drones. However, strict regulations around drone operations and privacy continue to pose challenges to the commercial drone market.
Market Dynamics:
The global commercial drone market is driven by factors such as the growing adoption of drones across industries, technological advancements, and increased investments from top companies. Drones are increasingly being used for applications like deliveries, inspections, surveillance, and aerial photography due to their benefits over traditional methods. Recent innovations focused on improving flight time, payload capacity, and autonomy are also fueling the market growth. However, stringent regulations around drone operations and privacy continue to restrain the market. Conversely, the development of urban air mobility and cargo delivery services present high opportunities for commercial drone vendors. In addition, growing demand for drone data analytics solutions is expected to create new avenues in the coming years.
Key features of the study:
- This report provides an in-depth analysis of the global commercial drone market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global commercial drone market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Lockheed Martin Corporation, Northrop Grumman., The Boeing Company, BAE Systems PLC, Airbus S.A.S., FLIR Systems, Inc., Aero Vironment, Inc., Textron Inc., Aeryon Labs Inc., General Atomics, Thales, Quantum Systems, Elistair, Delair, DJI, Ehang, The Holospace, Korea Aerospace Industries, Hanwha Aerospace, Israel Aerospace Industries, Elbit Systems Ltd., and Aeronautics Defense Systems Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global commercial drone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global commercial drone market.
Market Segmentation
- By Type
- Fixed Wing Drone
- Rotary Blade Drone
- Hybrid Drone
- By Maximum
- Less than 2 KG
- Between 2-5 KG
- More than 5 KG
- By Duration
- Less than 30 Min
- More than 30 Min
- By Range
- Short (<25 Kilometers)
- Long (25 Kilometers)
- By Application
- Aerial Photography
- Agriculture
- Emergency and Disaster Management
- Inspection & Monitoring
- Remote Sensing & Mapping
- Wildlife Research & Preservation
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players Insights
- Lockheed Martin Corporation
- Northrop Grumman.
- The Boeing Company
- BAE Systems PLC
- Airbus S.A.S.
- FLIR Systems, Inc.
- Aero Vironment, Inc.
- Textron Inc.
- Aeryon Labs Inc.
- General Atomics
- Thales
- Quantum Systems
- Elistair
- Delair
- DJI
- Ehang
- The Holospace
- Korea Aerospace Industries
- Hanwha Aerospace
- Israel Aerospace Industries
- Elbit Systems Ltd.
- Aeronautics Defense Systems Ltd.
Product Code: CMI6707
Table Of Content
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot By Type
- Market Snapshot By Maximum Takeoff Weight
- Market Snapshot By Duration
- Market Snapshot By Range
- Market Snapshot By Application
- Market Snapshot By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map
3. Market Dynamics and Trend Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Pest Analysis
- Porters Analysis
- Regulatory Scenario
- COVID-19 Impact Analysis
- Market Attractiveness By Country
- Market Attractiveness By Market Segment
- Key Developments & Deals
- Trend Analysis - Historic and Future Trend Assessment
- Key Developments
4. Global Commercial Drones Market, By Type, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Fixed Wing Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Rotary Blade Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Hybrid Drone, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
5. Global Commercial Drones Market, By Maximum Takeoff Weight, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Less than 2 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Between 2-5 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- More than 5 KG, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
6. Global Commercial Drones Market, By Duration , 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Less than 30 Min, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- More than 30 Min, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
7. Global Commercial Drones Market, By Range, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Short (<25 Kilometers), 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Long (>25 Kilometers), 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
8. Global Commercial Drones Market, By Application, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
- Aerial Photography, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Agriculture, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Emergency and Disaster Management, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Inspection & Monitoring, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Remote Sensing & Mapping, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Wildlife Research & Preservation, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
9. Global Commercial Drones Market, By Region, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Billion)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Billion)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Maximum Takeoff Weight, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Maximum Takeoff Weight, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Maximum Takeoff Weight, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- China
- India
- Japan
- Australia
- South Korea
- Asean
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Maximum Takeoff Weight, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- GCC
- Israel
- Rest Of Middle East & Africa
- Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Maximum Takeoff Weight, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Duration , 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Range, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
10. Company Profiles - Global Commercial Drones Market
- Lockheed Martin Corporation
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
- Northrop Grumman.
- The Boeing Company
- BAE Systems PLC
- Airbus S.A.S.
- FLIR Systems, Inc.
- Aero Vironment, Inc.
- Textron Inc.
- Aeryon Labs Inc.
- General Atomics
- Thales
- Quantum Systems
- Elistair
- Delair
- DJI
- Ehang
- The Holospace
- Korea Aerospace Industries
- Hanwha Aerospace
- Israel Aerospace Industries
- Elbit Systems Ltd.
- Aeronautics Defense Systems Ltd.
11. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
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