New York – United States
Data Bridge Market Research analyses that the Commercial Drones Market was valued at USD 12.28 billion in 2022 and is expected to reach the value of USD 102.04 billion by 2030, at a CAGR of 30.30% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Commercial drones are becoming gradually common in many countries. Although commercial drone technology has been around for years, its use was limited to only some sectors such as construction and agriculture. However, the introduction of innovative and new and solutions in recent years has changed this scenery. Now, more than ever before, we are seeing a rise in demand for unmanned aerial systems such as commercial drones that can be used for numerous purposes such as mapping, surveillance, and even delivery services.
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Key Opportunities:
- Surging usage of commercial drones in mining industry
Commercial drones are highly used in the mining industry. They are used to conduct inspections of underground shafts, mining equipment and tunnels. Commercial drones are mainly useful when conducting maintenance checks on machinery or equipment. It also allows inspectors to access inspect equipment and hard-to-reach places that would otherwise require heavy equipment such as excavators and cranes. Thus, the surging usage of commercial drones in mining industry is anticipated to create new and ample opportunities for the market growth.
- Advancements in surveillance and remote sensing technologies
Continuous advances in sensing technology, component and size have boosted the growth of monitoring and automation systems, including UAVs or commercial drones, which use large number of methods and tools to forecast data. This has also ensure higher reliability, productivity, reduced operating costs and increased performance. Furthermore, the steadily increasing focus on improving field productivity and efficiency has augmented the demand for commercial drone in agriculture. Furthermore, advancement in sensing technologies aids in ensuring that the soil and crop receive proper care. So, farmers will be able to plan their activities or actions accordingly.
Some Of The Major Players Operating In The Commercial Drones Market Are:
- AeroTargets International LLC. (U.S.)
- Airbus (Netherlands)
- BAE Systems (U.S.)
- Anadrone Systems Private Limited (India)
- Denel Dynamics (South Africa)
- Embention (Spain),
- Johnson Controls Inc. (Ireland)
- General Atomics (U.S.)
- (Israel)
- Lockheed Martin Corporation (U.S.)
- AeroVironment Inc. (U.S.)
- Textron Systems (U.S.)
- Aeryon Labs Inc. (Canada)
- Northrop Grumman (U.S.)
- BAE Systems (U.K.)
- Boeing (U.S.)
- Thales (France)
- Leonardo S.p.A. (Italy)
- Elbit Systems Ltd. (Israel)
- SAAB (Sweden)
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Global Commercial Drones Market Segmentations:
Payload
- <5kg
- 5–25Kg
- 26–50Kg
- 51–100Kg
- Above 100Kg
Technology
- Fully Autonomous
- Semi-Autonomous
- Remotely
Component
- Hardware
- Software
Application
- Delivery & Logistics
- Filming & Photography
- Horticulture & Agriculture
- Inspection & Maintenance
- Mapping & Surveying
- Surveillance & Monitoring
- Others
Type
- Fixed Wing Drones
- Rotary Bade Drones
- Hybrid Drones
Commercial Drones Market Regional Analysis/Insights
The countries covered in the commercial drones market report are report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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