Global Commercial Drones Market 2023-2027

Description

List of Tables

The commercial drones market is forecasted to grow by USD 44850.06 mn during 2022-2027, accelerating at a CAGR of 38.97% 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, a rise in funding for UAV manufacturers, and an 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 drone market growth during the next few years. Also, a growing number of acquisitions and partnerships and the 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., Guangzhou EHang Intelligent Technology Co. Ltd , iFlight Innovation Technology Ltd., Intel Corp., Parrot Drones SAS, Red Cat Holdings Inc., 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.

Product Code: IRTNTR40635

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global commercial drones market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global commercial drones market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Software and services - Market size and forecast 2022-2027
Exhibit 34: Chart on Software and services - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Software and services - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Software and services - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Software and services - Year-over-year growth 2022-2027 (%)
6.4 Hardware - Market size and forecast 2022-2027
Exhibit 38: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ million)
Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 46: Chart on Comparison by End-user
Exhibit 47: Data Table on Comparison by End-user
7.3 Infrastructure - Market size and forecast 2022-2027
Exhibit 48: Chart on Infrastructure - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Infrastructure - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Infrastructure - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Infrastructure - Year-over-year growth 2022-2027 (%)
7.4 Media and entertainment - Market size and forecast 2022-2027
Exhibit 52: Chart on Media and entertainment - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Media and entertainment - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Media and entertainment - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Media and entertainment - Year-over-year growth 2022-2027 (%)
7.5 Public safety - Market size and forecast 2022-2027
Exhibit 56: Chart on Public safety - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Public safety - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Public safety - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Public safety - Year-over-year growth 2022-2027 (%)
7.6 Agriculture - Market size and forecast 2022-2027
Exhibit 60: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 68: Market opportunity by End-user ($ million)
Exhibit 69: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 France - Market size and forecast 2022-2027
Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Aeronavics
Exhibit 123: Aeronavics - Overview
Exhibit 124: Aeronavics - Product / Service
Exhibit 125: Aeronavics - Key offerings
12.4 AeroVironment Inc.
Exhibit 126: AeroVironment Inc. - Overview
Exhibit 127: AeroVironment Inc. - Business segments
Exhibit 128: AeroVironment Inc. - Key news
Exhibit 129: AeroVironment Inc. - Key offerings
Exhibit 130: AeroVironment Inc. - Segment focus
12.5 Arc Sky LLC
Exhibit 131: Arc Sky LLC - Overview
Exhibit 132: Arc Sky LLC - Product / Service
Exhibit 133: Arc Sky LLC - Key offerings
12.6 Autel Robotics Co. Ltd.
Exhibit 134: Autel Robotics Co. Ltd. - Overview
Exhibit 135: Autel Robotics Co. Ltd. - Product / Service
Exhibit 136: Autel Robotics Co. Ltd. - Key offerings
12.7 DELAIR SAS
Exhibit 137: DELAIR SAS - Overview
Exhibit 138: DELAIR SAS - Product / Service
Exhibit 139: DELAIR SAS - Key offerings
12.8 Draganfly Inc.
Exhibit 140: Draganfly Inc. - Overview
Exhibit 141: Draganfly Inc. - Business segments
Exhibit 142: Draganfly Inc. - Key offerings
Exhibit 143: Draganfly Inc. - Segment focus
12.9 Field Group AS
Exhibit 144: Field Group AS - Overview
Exhibit 145: Field Group AS - Product / Service
Exhibit 146: Field Group AS - Key offerings
12.10 Geotech Environmental Equipment Inc.
Exhibit 147: Geotech Environmental Equipment Inc. - Overview
Exhibit 148: Geotech Environmental Equipment Inc. - Product / Service
Exhibit 149: Geotech Environmental Equipment Inc. - Key offerings
12.11 Guangzhou EHang Intelligent Technology Co. Ltd
Exhibit 150: Guangzhou EHang Intelligent Technology Co. Ltd - Overview
Exhibit 151: Guangzhou EHang Intelligent Technology Co. Ltd - Product / Service
Exhibit 152: Guangzhou EHang Intelligent Technology Co. Ltd - Key news
Exhibit 153: Guangzhou EHang Intelligent Technology Co. Ltd - Key offerings
12.12 iFlight Innovation Technology Ltd.
Exhibit 154: iFlight Innovation Technology Ltd. - Overview
Exhibit 155: iFlight Innovation Technology Ltd. - Product / Service
Exhibit 156: iFlight Innovation Technology Ltd. - Key offerings
12.13 Parrot Drones SAS
Exhibit 157: Parrot Drones SAS - Overview
Exhibit 158: Parrot Drones SAS - Product / Service
Exhibit 159: Parrot Drones SAS - Key offerings
12.14 Skydio Inc.
Exhibit 160: Skydio Inc. - Overview
Exhibit 161: Skydio Inc. - Product / Service
Exhibit 162: Skydio Inc. - Key offerings
12.15 Teledyne Technologies Inc.
Exhibit 163: Teledyne Technologies Inc. - Overview
Exhibit 164: Teledyne Technologies Inc. - Business segments
Exhibit 165: Teledyne Technologies Inc. - Key news
Exhibit 166: Teledyne Technologies Inc. - Key offerings
Exhibit 167: Teledyne Technologies Inc. - Segment focus
12.16 The Boeing Co.
Exhibit 168: The Boeing Co. - Overview
Exhibit 169: The Boeing Co. - Business segments
Exhibit 170: The Boeing Co. - Key offerings
Exhibit 171: The Boeing Co. - Segment focus
12.17 Yuneec International Co. Ltd.
Exhibit 172: Yuneec International Co. Ltd. - Overview
Exhibit 173: Yuneec International Co. Ltd. - Product / Service
Exhibit 174: Yuneec International Co. Ltd. - Key news
Exhibit 175: Yuneec International Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 178: Currency conversion rates for US$
13.4 Research methodology
Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources
13.5 List of abbreviations
Exhibit 182: List of abbreviations