Global Commercial Drones Market

Report Code: IAS203A

Publish Date: Sep 2024

Publisher: BCC Publishing

Category: Instruments

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Report Highlights

The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.

Report Includes

  • An overview of the global market for commercial drones
  • Analysis of global market trends, featuring historical revenue data for 2023, estimates for 2024, forecasts for 2025, 2027, and projections of compound annual growth rates (CAGRs) through 2029
  • Evaluation of the current market size and revenue growth prospects specific to commercial drones, accompanied by a market share analysis by technology, drone weight, application, type of drone and region
  • Coverage of various components of commercial drones and discussion on applications of commercial drones in various industries
  • A discussion of evolving technologies and the regulatory framework
  • Review of patents, ESG trends, and emerging technologies related to commercial drones
  • Market share analysis of the key companies and coverage of M&A activity, joint ventures, collaborations and partnerships, and other corporate market strategies
  • Profiles of leading market participants

Report Scope

This study analyzes the commercial drone market by focusing on three drone types: rotary, fixed-wing and hybrid drones. It also segments drones by their technological capabilities into remote-operated, semi-autonomous and fully autonomous systems, as well as by weight into less than 5 lbs., 5 to 55 lbs. and more than 55 lbs. 

This report also explores the use of commercial drones in the agriculture, construction and real estate, oil and gas, healthcare, mining and utilities, aviation, and media and entertainment sectors. Its regional analysis examines the factors affecting the deployment of commercial drone solutions in North America, Europe, Asia-Pacific and the rest of the world, which includes Latin America, the Middle East and Africa. 

The study analyzes the drivers and regional dynamics of the commercial drone market. The report concludes by providing profiles of the major vendors in the market. The base year for the study is 2023, and projections and CAGRs are provided for the forecast period 2024 through 2029.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $11.1 billion
Market size forecast $24.0 billion
Growth rate CAGR of 13.8% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Technology, Drone Weight, Application, Type, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Favorable regulations.
  • Technological advances in commercial drones.
  • Increasing cost efficiency.
  • Increasing use in many industries.
Companies studied
AEROVIRONMENT INC.DJI
DRAGANFLY INNOVATIONS INC.DRONEVOLT
EHANGFREEFLY SYSTEMS
HUBSANPARROT DRONE SAS
SKYDIO INC.YUNEEC
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The market is projected to reach $24.0 billion by 2029, growing at a CAGR of 13.8%.
The key factors driving the market include Increasing applications across various industries, favorable regulations, technological advancements, increasing cost efficiency, etc.
  • By Type
  • By Technology.
  • By Weight.
  • By Application.
  • By Geography.
By Technology, Remote-operated segment is expected to dominate the market by the end of 2029.
North America holds the highest share of the global market.

Analyst Credentials

Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global Commercial Drones Market75Free

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Global Commercial Drones Market
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