Drone Technology and Global Markets

Report Code: IAS104D

Publish Date: Oct 2022

Publisher: BCC Publishing

Category: Instruments

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Report Highlights

The global drone technology market is estimated to grow from $29.6 billion in 2022 to $54.7 billion in 2027, with a compound annual growth rate (CAGR) of 13.1% for the period of 2022-2027.

Report Includes

  • 47 data tables and 43 additional tables
  • A brief overview and up-to-date analysis of the global market for drone technology
  • Analyses of the global market trends, with historic revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the current and upcoming market potential for drone technology, industry growth drivers, and areas of focus to forecast this market into various segments and sub-segments
  • Estimation of the actual market size and revenue forecast for global drone technology market, and their corresponding market share analysis based on system/component, technology (drone) type, application, and region
  • Updated information on the key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand over the coming years (2022-2027)
  • Holistic review of the impact of COVID-19 on global drone technology market with emphasis on how drones have been used during the pandemic crisis
  • Discussion of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on component providers, manufacturers and suppliers, and end users
  • Analysis of the global drone-related patents and patent applications published, and a review of recent interesting patent publications
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Descriptive company profiles of the leading global players, including Catuav, Delair, Deep Trekker and Idea Forge

Report Scope

The scope of the report includes an overview of the global drone market, as well as analyses of global market trends, with data from 2020 and 2021, the latter considered the base year, along with estimates for 2022 through 2027 and compound annual growth rate (CAGR) projections in the forecast period.

The scope of the report covers various enterprises, providing hardware and software, flight operations management, mapping and data-processing tools for drones. It also includes a discussion of technological, regulatory and competitive elements, as well as economic trends affecting the market. It explains the major drivers and regional dynamics of the global drone market and current trends within the industry. The report concludes with detailed profiles of the major vendors in the global drone market. The scope of the report, however, does not include players operating in the drone insurance and the drone racing markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $26.2 billion
Market size forecast $54.7 billion
Growth rate CAGR of 13.1% from 2022 to 2027
Units considered $ Millions
Segments covered System, Type, Application
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Increasing Usage in Surveillance and Protection
  • Proliferation of 5G Technology and Cloud Computing
  • Increasing Demand for Unmanned Aerial Vehicles in Agriculture
  • Unmanned Underwater Vehicle for Artificial Intelligence and Navigation
Companies studied
4 FRONT ROBOTICS5G MARINE
AAIACTION DRONE INC.
AERIALTRONICS DV B.V.AERONAVICS LTD.
AEROVIRONMENT INC.AGUADRONE
AION ROBOTICSAIRBUS DEFENCE AND SPACE
ASTERIA AEROSPACE LTD.ATLAS ELEKTRONIK GMBH
BAE SYSTEMSBOSTON DYNAMICS
CATUAVCLEARPATH ROBOTICS INC.
CLICKMOX SOLUTIONS INC.CYBAERO AB
DASSAULT AVIATION SADEEP TREKKER
DELAIRDENEL DYNAMICS
DOK-ING LTD.DRAGANFLY INNOVATIONS INC.
ECA GROUPEDALL SYSTEMS
EHANG INC.ELBIT SYSTEMS LTD.
FLYABILITYFREEFLY SYSTEMS
GENERAL ATOMICS AERONAUTICAL SYSTEMS INC.GHOST ROBOTICS LLC.
GRYPHON DYNAMICSHINDUSTAN AERONAUTICS LTD. (HAL)
IDEA FORGEINSITU INC.
IROBOT CORP.ISRAEL AEROSPACE INDUSTRIES LTD.
KAMAN AEROSPACE CORP.L3 ASV
LEONARDO S.P.A.LIQUID ROBOTICS INC.
LOCKHEED MARTIN CORP.MARITIME TACTICAL SYSTEMS
MATTERNET INC.MILREM ROBOTICS
NORTHROP GRUMMANOCEANEERING INTERNATIONAL INC.
PARROT DRONES SASQUESTUAV LTD.
RAFAEL ADVANCED DEFENSE SYSTEMS LTD.RHEINMETALL AG
SAAB SEAEYE LTD.SAFRAN S.A.
SEAROBOTICSSENSELY INC.
SHARK ROBOTICSSKYFRONT
SMP ROBOTICS SYSTEMS CORP.SZ DJI TECHNOLOGY CO. LTD.
TELEDYNE MARINETEXTRON INC.
THALESTURKISH AEROSPACE INDUSTRIES INC.
UCONSYSTEM CO. LTD.WINGTRA AG
XAG CO. LTD.XIAOMI
YUNEEC INTERNATIONAL CO. LTD.ZEROTECH
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Drone Technology and Global Markets182Free
Chapter- 1: Introduction9Free
Chapter- 2: Summary and Highlights3Free
Chapter- 3: Drone Technology and Market Overview16Free
Chapter- 4: Market Dynamics7Free
Chapter- 5: Technology Snapshot6Free
Chapter- 6: Market Breakdown by System7Free
Chapter- 7: Market Breakdown by Type10Free
Chapter- 8: Market Breakdown by Application31Free
Chapter- 9: Market Breakdown by Region23Free
Chapter- 10: Patent Analysis5Free
Chapter- 11: Competitive Landscape6Free
Chapter- 12: Company Profiles57Free
Chapter- 13: Appendix: Abbreviations2Free
Published - Jul-2020| Analyst - Andrew McWilliams| Code - IAS104C

Report Highlights

The global market for drone technology is expected to grow from $30.0 billion in 2020 to $54.6 billion by 2025 with a compound annual growth rate (CAGR) of 12.7% for the period of 2020-2025.

Report Includes

  • 27 data tables and 61 additional tables
  • An overview of the global market for drone technology
  • Analyses of market trends, with data from 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2025
  • Explanation of the major drivers and regional dynamics of the global drone technology market and evaluation of market size, market forecast, market share analysis and a relevant patent analysis
  • Discussion on types of drones including unmanned ground vehicles, unmanned surface vehicles, unmanned marine vehicles and unmanned aerial vehicles
  • Market analysis of the various applications of drones and identification of segments with high growth potential
  • Description of demand for drones in surveillance, reconnaissance, military combat, and commercial applications
  • Highlights of current and future market potential and a detailed analysis of the current market size, and regulatory scenarios
  • Market share analysis of the leading suppliers of the industry and detailed company profiles of major players in the market, including General Atomics Aeronautical Systems Inc., Insitu Inc., AeroVironment Inc., SZ DJI Technology Co. Ltd., Oceaneering International Inc., and Northrop Grumman Corp.
Published - Oct-2018| Analyst - BCC Publishing| Code - IAS104B

Report Highlights

The global drone market should reach $52.2 billion by 2023 from $23.6 billion in 2018 at a compound annual growth rate (CAGR) of 17.2% for the period of 2018-2023.

Report Includes

  • 33 data tables and 26 additional tables
  • An overview of the global market for drone technology
  • Analyses of global market trends, with data from 2016 to 2018 and projections of CAGRs through 2023
  • Country-specific data and analysis for U.S., China, Russia, the U.K., Australia, Germany, Turkey, U.A.E., Brazil, France, Saudi Arabia, India, South Korea and Japan
  • Coverage of history and market dynamics of drones
  • Discussion of types of drones including unmanned ground vehicles, unmanned surface vehicles, unmanned marine vehicles and unmanned aerial vehicles
  • Description of demand for drones in surveillance, reconnaissance, military combat and commercial applications
  • Detailed description of major players in the market, including Aerovironment, Inc., BAE System, General Atomics Aeronautical Systems Inc., Lockheed Martin Corp., Parrot Drones SAS, Saab Seaeye Ltd. and Xiaomi Inc.
Published - Sep-2015| Analyst - Sinha G. Gaurav| Code - IAS104A

Report Highlights

The global drone market is expected to grow from $639.9 million in 2014 to $725.5 million in 2015. This market is further expected to grow to $1.2 billion by 2020 with a compound annual growth rate (CAGR) of 11.4% for the forecast period, 2015-2020.

Report Includes

  • An overview of the global markets and technologies for drones, classified on the basis of traveling environment into Unmanned Ground Vehicles (UGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles and Unmanned Marine Vehicles (AUVs).
  • Analyses of global market trends, with data from 2014, estimates for 2015 and projections of compound annual growth rates (CAGRs) through 2020.
  • Analyses of the market by type, by application, by technology, by component and by geography.
  • Details discussing the current and future trends and analysis based on various competitive technologies.
  • Information on the market's value chain as well as competitive landscape.
  • Relevant patent analysis.
  • Profiles of leading players and their key developments and strategies.

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Drone Technology and Global Markets
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