Market Research Report
Drones for Commercial Applications - Small Unmanned Aircraft Systems for Filming & Entertainment, Mapping, Aerial Assessments, Prospecting, Data Collection, Disaster Relief, and Delivery: Global Market Analysis and Forecasts
|Published by||Omdia | Tractica||Product code||335416|
|Published||Content info||103 Pages; 84 Tables, Charts & Figures
Delivery time: 1-2 business days
|Drones for Commercial Applications - Small Unmanned Aircraft Systems for Filming & Entertainment, Mapping, Aerial Assessments, Prospecting, Data Collection, Disaster Relief, and Delivery: Global Market Analysis and Forecasts|
|Published: October 3, 2019||Content info: 103 Pages; 84 Tables, Charts & Figures||
The market for unmanned aerial vehicles (UAVs), commonly known as a drones, is starting to realize its potential for commercial applications. Major players in many industries and government agencies have already taken the first steps to evaluate drone solutions and systems. Today, the drone industry is beginning to move into the next phase of market acceptance and development. This is an evolution from small pilot tests to larger-scale implementations where drones are being incorporated into commercial processes and budgets.
The commercial drone industry is maturing past the initial hype stage when investors pumped billions of dollars into numerous startups around the world. The market is now moving into a phase of steady, sustained growth and consolidation, with more realistic expectations and a focus on core solutions where drones clearly excel. It is beginning to determine which companies are likely to achieve long-term leadership and which may fall by the wayside. Now is the time for the companies to perfect their products and gain momentum, mindshare, and market share. Tractica expects the commercial drone market to continue growing rapidly over the next few years while providing significant opportunities to various industry participants, reaching global revenue of $13.7 billion by the end of 2025.
This Tractica report examines the market and technology issues surrounding commercial drones and presents 8-year revenue forecasts for the industry from 2018 to 2025. The report discusses crucial market drivers, challenges, and regulatory issues, in addition to assessing the most important technology issues that will influence market development. In total, the top 25 major industry players are profiled, organized by hardware makers, flight management and drone services, data and analytics services, and delivery companies. An information bank of 201 key and emerging companies is included in the company directory. Market forecasts are segmented by world region, airframe type, industry, application, and customer type.