According to a new market research report published by Global Insight Services “Commercial Drone Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Commercial drones are unmanned aerial vehicles (UAVs) that are used for commercial purposes. This can include anything from aerial photography and videography to package delivery and agricultural surveying. Commercial drones are typically larger and more powerful than consumer drones, and they often come with features that are specifically designed for commercial use cases.
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Key Players
- 3D Robotics
- Aerial Insights
- AirMap
- Autel Robotics
- Cyberhawk Innovations
- DroneDeploy
- EHANG
Key Trends
Some of the key trends in the commercial drone market are:
- Increased use of drones for delivery: Drones are being used more and more for delivery purposes, whether it be for food, parcels or other goods. This is thanks to their speed and efficiency, and the fact that they can avoid traffic congestion.
- Development of autonomous drones: autonomous drones are those that can fly without a human operator. This technology is still in its early stages, but it is developing quickly and could have major implications for the commercial drone market.
- Increased use of drones for inspection and surveying: drones are being used more and more for inspection and surveying purposes, thanks to their ability to get a close up view of structures and objects. This is particularly useful in industries such as construction and oil and gas.
- Increased regulation of the commercial drone market: as the market grows, so too does the need for regulation. This is likely to take the form of both government regulation and industry-specific standards.
Key Drivers
One of the most important drivers of the commercial drone market is that drones are being used for a variety of tasks, including photography, videography, surveying, mapping, and delivery. As the capabilities of drones continue to increase, so too will the number of commercial applications for them.
Another driver of the commercial drone market is the development of new and more sophisticated drones. As drone technology advances, drones are becoming more and more capable, and this is opening up new possibilities for their use in commercial applications. The latest drones are able to fly for longer periods of time, carry heavier payloads, and even fly autonomously. This is making them increasingly attractive for a range of commercial uses.
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Market Segments
By Type
- Fixed Wing
- Rotary
- Hybrid
By Mode of Operation
- Remotely Operated
- Semi-Autonomous
- Autonomous
By End Use Industry
- Agriculture & Environment
- Media & Entertainment
- Energy
- Government
- Construction
- Others
Reasons to buy Commercial Drone Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
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