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PUBLISHER: Grand View Research | PRODUCT CODE: 1321500
PUBLISHER: Grand View Research | PRODUCT CODE: 1321500
Commercial Drone Market Size, Share & Trends Analysis Report By Product, By Application, By End-use, By Propulsion Type, By Range, By Operating Mode, By Endurance, By Region, And Segment Forecasts, 2023 - 2030
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Commercial Drone Market Growth & Trends
The global commercial drone market size is expected to reach USD 57.16 billion by 2030, expanding at 13.9% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising demand for commercial drones across various verticals, such as media and entertainment, agriculture, logistics, security, law enforcement, and real estate. Most end-use verticals include a significant portion of operational activities that are expected to benefit notably from drones due to the automation of business operations.
The growing proclivity for the 5G delivery model and implementing cloud computing technologies into the drone is expected to provide substantial growth opportunities for the commercial drone industry. Drones based on high-speed internet interact in challenging environments while performing tasks such as command and control, media sharing, and autonomous flying. In May 2023, Nokia launched a CE-certified, 5G drone-in-a-box solution designed to meet organizational demands, including smart cities, public safety agencies, construction, energy, and defense. The Nokia Drone Networks connect over public and private 5G and 4G/LTE networks to improve situational awareness for first responders as well as other professionals.
The continued technological advancements are expected to shape the commercial drone industry's outlook in the coming years. Drones have evolved from offering only the basic controls to 3D robotics, AI, Gimbals, safety modes, carrying capacity, high-quality video, etc. High-end drones equipped with in-build protections and compliance technology, self-monitoring capabilities, and smart precision sensors are expected to create new opportunities in the commercial sectors.
Commercial Drone Market Report Highlights
- Asia Pacific accounted for the highest market share of almost 30% in 2022. The factors such as supportive legislation and the increasing adoption of commercial drones by government authorities are expected to drive the regional market growth over the forecast period
- In terms of product, the fixed-wing segment is expected to witness significant growth at a CAGR of around 14% over the forecast period due to the increasing demand for mapping and surveying applications
- In terms of application, the precision agriculture segment is anticipated to witness substantial growth, as drones find important usage in various vital farm operations, including examination and preparation of crop plantation and field monitoring to regulate the growth and health of crops
- In terms of end-use, the delivery & logistics segment is expected to record a CAGR of over 17% from 2023 to 2030 with the increasing adoption of drones for cargo, medicines, and food delivery
Product Code: 978-1-68038-482-6
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape
Chapter 3. Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.3.3. Market challenges
- 3.3.4. Market opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.2. Macroeconomic Analysis
- 3.5. Key Trends in Commercial Drone Market
- 3.6. Commercial Drone Market - COVID-19 Impact Analysis
Chapter 4. Commercial Drone Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2022 & 2030
- 4.2. Commercial Drone Market Estimates & Forecast, By Product (USD Million)
- 4.2.1. Fixed - Wing
- 4.2.2. Rotary Blade
- 4.2.3. Hybrid
Chapter 5. Commercial Drone Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2022 & 2030
- 5.2. Commercial Drone Market Estimates & Forecast, By Application (USD Million)
- 5.2.1 Commercial
- 5.2.1.1. Filming & Photography
- 5.2.1.2. Inspection & Maintenance
- 5.2.1.3. Mapping & Surveying
- 5.2.1.4. Precision Agriculture
- 5.2.1.5. Surveillance & Monitoring
- 5.2.1.6. Others
- 5.2.2. Government & Law Enforcement
- 5.2.2.1. Firefighting & Disaster Management
- 5.2.2.2. Search & Rescue
- 5.2.2.3. Maritime Security
- 5.2.2.4. Border Patrol
- 5.2.2.5. Police Operations
- 5.2.2.6. Traffic Monitoring
- 5.2.2.7. Others
- 5.2.1 Commercial
Chapter 6. Commercial Drone Market: End-use Estimates & Trend Analysis
- 6.1. End-use Movement Analysis & Market Share, 2022 & 2030
- 6.2. Commercial Drone Market Estimates & Forecast, By End-use (USD Million)
- 6.2.1. Agriculture
- 6.2.2. Delivery & Logistics
- 6.2.3. Energy
- 6.2.4. Media & Entertainment
- 6.2.5. Real Estate & Construction
- 6.2.6. Security & Law Enforcement
Chapter 7. Commercial Drone Market: Propulsion Type Estimates & Trend Analysis
- 7.1. Propulsion Type Movement Analysis & Market Share, 2022 & 2030
- 7.2. Commercial Drone Market Estimates & Forecast, By Propulsion Type (USD Million)
- 7.2.1. Gasoline
- 7.2.2. Electric
- 7.2.3. Hybrid
Chapter 8. Commercial Drone Market: Range Estimates & Trend Analysis
- 8.1. Range Movement Analysis & Market Share, 2022 & 2030
- 8.2. Commercial Drone Market Estimates & Forecast, By Range (USD Million)
- 8.2.1. Visual Line of Sight
- 8.2.2. Extended Visual Line of Sight
- 8.2.3. Beyond Visual Line of Sight
Chapter 9. Commercial Drone Market: Operating Mode Estimates & Trend Analysis
- 9.1. Operating Mode Movement Analysis & Market Share, 2022 & 2030
- 9.2. Commercial Drone Market Estimates & Forecast, By Operating Mode (USD Million)
- 9.2.1. Remotely Piloted
- 9.2.2. Patially Piloted
- 9.2.3. Fully Autonomous
Chapter 10. Commercial Drone Market: Endurance Estimates & Trend Analysis
- 10.1. Endurance Movement Analysis & Market Share, 2022 & 2030
- 10.2. Commercial Drone Market Estimates & Forecast, By Endurance (USD Million)
- 10.2.1. <5 Hours
- 10.2.2. 5 - 10 Hours
- 10.2.3. >10 Hours
Chapter 11. Commercial Drone Market: Maximum Takeoff Weight Estimates & Trend Analysis
- 11.1. Maximum Takeoff Weight Movement Analysis & Market Share, 2022 & 2030
- 11.2. Commercial Drone Market Estimates & Forecast, By Maximum Takeoff Weight (USD Million)
- 11.2.1. <25 kg
- 11.2.2. 25 - 500 kg
- 11.2.3. >500 kg
Chapter 12. Commercial Drone Market: Regional Estimates & Trend Analysis
- 12.1. Commercial Drone Market: Regional Outlook
- 12.2 North America
- 12.2.1 North America commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.2.2 U.S.
- 12.2.2.1 U.S. commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.2.3 Canada
- 12.2.3.1 Canada commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3 Europe
- 12.3.1 Europe commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.2 UK
- 12.3.2.1 UK commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.3 Germany
- 12.3.3.1 Germany commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.4 France
- 12.3.4.1 France commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.5 Italy
- 12.3.5.1 Italy commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.6 Spain
- 12.3.6.1 Spain commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.7 Ireland
- 12.3.7.1 Ireland commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.8 Sweden
- 12.3.8.1 Sweden commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.9 Denmark
- 12.3.9.1 Denmark commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.10 Norway
- 12.3.10.1 Norway commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.3.11 Finland
- 12.3.11.1 Finland commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.4 Asia Pacific
- 12.4.1 Asia Pacific commercial drone market estimates & forecasts, 2018 - 2030 (USD Million)
- 12.4.2 China
- 12.4.2.1 China commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.4.3 Japan
- 12.4.3.1 Japan commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.4.4 Australia
- 12.4.4.1 Australia commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.4.5 South Korea
- 12.4.5.1 South Korea commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.5 Latin America
- 12.5.1 Latin America commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.5.2 Mexico
- 12.5.2.1 Mexico commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.5.3 Brazil
- 12.5.3.1 Brazil commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.6 Middle East and Africa (MEA)
- 12.6.1 MEA commercial drone market estimates & forecasts, 2018 - 2030 (USD Million)
- 12.6.2 UAE
- 12.6.2.1 UAE commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- 12.6.3 South Africa
- 12.6.3.1 South Africa commercial drone market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
Chapter 13. Competitive Landscape
- 13.1 Key Participants
- 13.1.1. Aeronavics Ltd.
- 13.1.2. AeroVironment Inc.
- 13.1.3. Autel Robotics
- 13.1.4. DJI
- 13.1.5. Draganfly Innovations Inc.
- 13.1.6. EHang, Inc.
- 13.1.7. Intel Corporation
- 13.1.8. Parrot Drones SAS
- 13.1.9. PrecisionHawk Inc.
- 13.1.10. YUNEEC
- 13.2 Recent Development & Impact, By Key Market Participants
- 13.3 Company Categorization
- 13.4 Participant's Overview
- 13.5 Financial Performance
- 13.6 Product Benchmarking
- 13.7 Company Heat Map Analysis
- 13.8 Company Market Share Analysis, 2022
- 13.9 Strategy Mapping
- 13.9.1 Expansion
- 13.9.2 Mergers & acquisition
- 13.9.3 Collaborations
- 13.9.4 New product launches
- 13.9.5 Research & Development
Product Code: 978-1-68038-482-6
List of Tables
- Table 1 Commercial drone market revenue estimates and forecast, by product, 2018 - 2030 (USD Million)
- Table 2 Commercial drone market revenue estimates and forecast, by product, 2018 - 2030 (Thousand Units)
- Table 3 Commercial drone market revenue estimates and forecast, by application, 2018 - 2030 (USD Million)
- Table 4 Commercial drone market revenue estimates and forecast, by end-use, 2018 - 2030 (USD Million)
- Table 5 Commercial drone market revenue estimates and forecast, by propulsion type, 2018 - 2030 (USD Million)
- Table 6 Commercial drone market revenue estimates and forecast, by range, 2018 - 2030 (USD Million)
- Table 7 Commercial drone market revenue estimates and forecast, by operating mode, 2018 - 2030 (USD Million)
- Table 8 Commercial drone market revenue estimates and forecast, by endurance, 2018 - 2030 (USD Million)
- Table 9 Commercial drone market revenue estimates and forecast, by maximum takeoff weight, 2018 - 2030 (USD Million)
- Table 10 Company heat map analysis
- Table 11 Key companies undergoing expansion
- Table 12 Key companies involved in merger & acquisition
- Table 13 Key companies involved in new product launch
- Table 14 Key companies acquiring research & development
- Table 15 Key companies involved in collaboration
List of Figures
- Fig. 1 Information procurement (1/2)
- Fig. 2 Information procurement (2/2)
- Fig. 3 Information Procurement
- Fig. 4 Data Analysis Models
- Fig. 5 Market Formulation and Validation
- Fig. 6 Data Validating & Publishing
- Fig. 7 Market snapshot
- Fig. 8 Segment snapshot (1/5)
- Fig. 9 Segment snapshot (2/5)
- Fig. 10 Segment snapshot (3/5)
- Fig. 11 Segment snapshot (4/5)
- Fig. 12 Segment snapshot (5/5)
- Fig. 13 Industry snapshot
- Fig. 14 Commercial Drone Market Value, 2022 & 2030, (USD Million)
- Fig. 15 Value chain analysis
- Fig. 16 Market dynamics
- Fig. 17 Key market restraint/challenges impact
- Fig. 18 Porter's Analysis
- Fig. 19 PESTEL Analysis
- Fig. 20 Commercial Drone Market, by Product, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 21 Commercial Drone Market, by Product market share, 2022 & 2030
- Fig. 22 Fixed-wing market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 23 Rotary blade market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 24 Hybrid market estimates & forecasts, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 25 Commercial Drone Market, by Application, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 26 Commercial Drone Market, by Application: market share, 2022 & 2030
- Fig. 27 Commercial market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Government & law enforcement market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Commercial Drone Market, by End-Use, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 30 Commercial Drone Market, by End-Use market share, 2022 & 2030
- Fig. 31 Agriculture market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Delivery & logistics market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Energy market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Media & entertainment market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Real estate & construction market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Security & law enforcement market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Others market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Commercial Drone Market, by Propulsion Type, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 39 Commercial Drone Market, by Propulsion Type market share, 2022 & 2030
- Fig. 40 Gasoline market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Electric market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Hybrid market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 43 Commercial Drone Market, by Range, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 44 Commercial Drone Market, by Range market share, 2022 & 2030
- Fig. 45 Visual Line of Sight (VLOS) market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Extended Visual Line of Sight (EVLOS) market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 47 Beyond Visual Line of Sight (BVLOS) market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Commercial Drone Market, by Operating Mode, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 49 Commercial Drone Market, by Operating Mode market share, 2022 & 2030
- Fig. 50 Remotely piloted market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Partially piloted market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Fully autonomous market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Commercial Drone Market, by Endurance, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 54 Commercial Drone Market, by Endurance market share, 2022 & 2030
- Fig. 55 <5 Hours market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 56 5 - 10 Hours market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 57 >10 Hours market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 58 Commercial Drone Market, by Maximum Takeoff Weight, key takeaways, 2018 - 2030 Revenue (USD Million)
- Fig. 59 Commercial Drone Market, by Maximum Takeoff Weight market share, 2022 & 2030
- Fig. 60 <25 Kg market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 61 25 - 500 Kg market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 62 >500 Kg market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 63 Commercial drone market revenue, by region, 2022 & 2030, (USD Million)
- Fig. 64 North America commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 65 U.S. commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 66 Canada commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 67 Europe commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 68 UK commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 69 Germany commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 70 Italy commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 71 France commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 72 Spain commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 73 Ireland commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 74 Sweden commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 75 Denmark commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 76 Norway commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 77 Finland commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 78 Asia Pacific commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 79 China commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 80 Japan commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 81 South Korea commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 82 Australia commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 83 Latin America commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 84 Brazil commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 85 Mexico commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 86 MEA commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 87 UAE commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 88 South Africa commercial drone market estimates & forecast, 2018 - 2030 (USD Million) (Thousand Units)
- Fig. 89 Company market share analysis, 2022
- Fig. 90 Strategic framework
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