Commercial Drone Market Growth, Revenue, Demand and Future Trends 2032

Commercial Drone Market Size- By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Commercial Drone Market Size- By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Nov 2022 Report ID: IACT2218 Pages: 1 - 245 Formats*:     
Category : Information & Communications Technology
Global Commercial Drone Market Overview:

According to SPER Market Research, the Global Commercial Drone Market is estimated to reach USD 2058.86 million by 2032 with a CAGR of 58%

Drones are employed for a variety of tasks, including filming and emergency response. Due to their capacity to survey property, offer ongoing and accurate project alerts, increase safety, and prevent hazardous accidents on construction sites, these devices are also in high demand in the real estate and construction sectors. Drone business use cases have expanded significantly over the past few years. Designing, evaluating, and upgrading solutions for diverse markets is an ongoing task for market participants like drone producers and software providers. For instance, the Adopt Drones campaign was introduced by The Drone Federation of India. To hasten the deployment of drone technologies powered by AI with the use of Amazon Web Services (AWS) cloud services.



The Adopt Drones Program will reward drone application developers that apply machine learning to offer profound insights from data collected by drones. AWS will provide assistance to drone app developers in a number of ways, such as technical review of solutions for cost and performance optimization, AWS Promotional Credits to let developers use the breadth and depth of AWS Cloud services to build, test, and deploy secure and scalable solutions on the cloud, and go-to-market support to help developers pitch the solution to big businesses.

Impact of COVID-19 on the Global Commercial Drone Market  
Following the worldwide corona virus epidemic, there has been a considerable surge in the utilization of drone technology in a variety of contexts, with drones proving to be of enormous help in such circumstances. In order to accelerate turnaround times for deliveries of medical supplies and lab specimens and decrease the likelihood of infection, drones are increasingly being used in the healthcare industry. According to numerous authorities, many great powers have so far employed drones for distribution and shipping during the pandemic.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End User
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAeroVironment Inc., Agua Drone LCC, Autel robotics Co. Ltd., BAE Systems PLC, Draganfly Inc., DRONE VOLT group, Freefly
Global Commercial Drone Market Segmentation:

By Product Type: Based on the Product Type, Global Commercial Drone Market is segmented as; Flexed Wing Drones, Hybrid Drones, Rotary Blade Drones.

By Weight: Based on the Weight, Global Commercial Drone Market is segmented as; < 2Kg, 2Kg – 25Kg, 25Kg – 150Kg.

By Technology: Based on the Technology, Global Commercial Drone Market is segmented as; Autonomous, Remotely Operated, Semi-Autonomous.

By System: Based on the System, Global Commercial Drone Market is segmented as; Airframe, Hardware, Payloads, Propulsion System, Software, Others.

By Mode Of Operation: Based on the Mode Of Operation, Global Commercial Drone Market is segmented as; Autonomous, Remotely Operated, Semi-Autonomous.

By Application: 
Based on the Application, Global Commercial Drone Market is segmented as; Agriculture and environment, Construction & archaeology, Energy, Filming and Photography, Government, Inspection and Maintenance, Mapping and Surveying, Media and entertainment, Precision Agriculture, Surveillance and Monitoring, Others.

By End User: Based on the End User, Global Commercial Drone Market is segmented as; Agriculture, Delivery & Logistics, Energy, Media & Entertainment, Real Estate & Construction, Security & Law Enforcement, Others.

By Region: The commercial drone’s industry was dominated by North America. In the projection period, North America is anticipated to have the quickest growth. The widespread use of cutting-edge technology like artificial intelligence and machine learning in drones is the main element driving the worldwide market for commercial drones. The government is starting a number of initiatives to promote the use of drones in the nation, which is fostering the market's expansion. 

1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Commercial Drone Market 

5. Market variables and outlook
5.1 SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Commercial Drone Market, By Product Type, 2019-2032 (USD Million)
6.1.  Flexed Wing Drones
6.2.  Hybrid Drones
6.3.  Rotary Blade Drones

7. Global Commercial Drone Market, By Weight, 2019-2032 (USD Million)
7.1. < 2Kg
7.2. 2Kg – 25Kg
7.3. 25Kg – 150Kg

8. Global Commercial Drone Market, By Technology, 2019-2032 (USD Million)
8.1. Autonomous
8.2. Remotely Operated
8.3. Semi-Autonomous

9. Global Commercial Drone Market, By System, 2019-2032 (USD Million)
9.1. Airframe
9.2. Hardware
9.3. Payloads
9.4. Propulsion System
9.5. Software
9.6. Others

10. Global Commercial Drone Market, By Mode Of Operation, 2019-2032 (USD Million)
10.1 Autonomous
10.2 Remotely Operated
10.3 Semi-Autonomous

11. Global Commercial Drone Market, By Application, 2019-2032 (USD Million)
11.1  Agriculture and environment
11.2  Construction & archaeology
11.3  Energy
11.4  Filming and Photography
11.5  Government
11.6  Inspection and Maintenance
11.7  Mapping and Surveying
11.8  Media and entertainment
11.9  Precision Agriculture
11.10 Surveillance and Monitoring
11.11 Others

12. Global Commercial Drone Market, By End Use, 2019-2032 (USD Million)
12.1 Agriculture
12.2 Delivery & Logistics
12.3 Energy
12.4 Media & Entertainment
12.5 Real Estate & Construction
12.6 Security & Law Enforcement
12.7 Others

13.  Global Commercial Drone Market, By Region, 2019-2032 (USD Million)
13.1 North America
13.1.1 United States
13.1.2 Canada
13.1.3 Mexico
13.2 Europe
13.2.1 Germany
13.2.2 United Kingdom
13.2.3 France
13.2.4 Italy
13.2.5 Spain
13.2.6 Rest of Europe
13.3 Asia-Pacific
13.3.1 China
13.3.2 Japan
13.3.3 India
13.3.4 Australia
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4 South America
13.4.1 Brazil
13.4.2 Argentina
13.4.3 Rest of South America
13.5 Middle East & Africa
13.5.1 Kingdom of Saudi Arabia 
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa

14. Company Profiles
14.1 AeroVironment Inc.
14.1.1 Company details 
14.1.2 Financial outlook
14.1.3 Product summary 
14.1.4 Recent developments

14.2 Agua Drone LCC
14.2.1 Company details 
14.2.2 Financial outlook
14.2.3 Product summary 
14.2.4 Recent developments

14.3 Autel robotics Co. Ltd.
14.3.1 Company details 
14.3.2 Financial outlook
14.3.3 Product summary 
14.3.4 Recent developments

14.4 BAE Systems PLC
14.4.1 Company details 
14.4.2 Financial outlook
14.4.3 Product summary 
14.4.4 Recent developments

14.5 Draganfly Inc.
14.5.1 Company details 
14.5.2 Financial outlook
14.5.3 Product summary 
14.5.4 Recent developments

14.6 DRONE VOLT group
14.6.1 Company details 
14.6.2 Financial outlook
14.6.3 Product summary 
14.6.4 Recent developments

14.7 Freefly Systems
14.7.1 Company details 
14.7.2 Financial outlook
14.7.3 Product summary 
14.7.4 Recent developments

14.8 General Atomics Aeronautical Systems Inc.
14.8.1 Company details 
14.8.2 Financial outlook
14.8.3 Product summary 
14.8.4 Recent developments

14.9 Israel Aerospace Industry
14.9.1 Company details 
14.9.2 Financial outlook
14.9.3 Product summary 
14.9.4 Recent developments

14.10 Kespry Inc.
14.10.1 Company details 
14.10.2 Financial outlook
14.10.3 Product summary 
14.10.4 Recent developments

14.11 Leonardo S.P.A.
14.11.1 Company details 
14.11.2 Financial outlook
14.11.3 Product summary 
14.11.4 Recent developments

14.12 Lockheed Martin Corp.
14.12.1 Company details 
14.12.2 Financial outlook
14.12.3 Product summary 
14.12.4 Recent developments

14.13 Northrop Grumman
14.13.1 Company details 
14.13.2 Financial outlook
14.13.3 Product summary 
14.13.4 Recent developments

14.14 Parrot Drone SAS
14.14.1 Company details 
14.14.2 Financial outlook
14.14.3 Product summary 
14.14.4 Recent developments

14.15 Safran SA
14.15.1 Company details 
14.15.2 Financial outlook
14.15.3 Product summary 
14.15.4 Recent developments

14.16 SYMA International Trade Development Ltd.
14.16.1 Company details 
14.16.2 Financial outlook
14.16.3 Product summary 
14.16.4 Recent developments

14.17 Tata Advanced Systems Ltd.
14.17.1 Company details 
14.17.2 Financial outlook
14.17.3 Product summary 
14.17.4 Recent developments

14.18 Thales Group
14.18.1 Company details 
14.18.2 Financial outlook
14.18.3 Product summary 
14.18.4 Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3


Frequently Asked Questions About This Report
The Commercial Drone Market is projected to reach USD 2058.86 million by 2032, growing at a CAGR of 58% during the forecast period.
The Commercial Drone Market grew in market size from 2021. The Market is expected to reach USD 2058.86 million by 2032, at a CAGR of 58% during the forecast period.
The Commercial Drone Market CAGR of 58% during the forecast period.
You can get the sample pages by clicking the link - Click Here
The Commercial Drone Market size is USD 2058.86 million from 2022 to 2032.
The Commercial Drone Market segment is Covered By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End User.
The North America region is anticipated to have the highest market share in the Commercial Drone Market.
The key players in the market include Companies Covered AeroVironment Inc., Agua Drone LCC, Autel robotics Co. Ltd., BAE Systems PLC, Draganfly Inc., DRONE VOLT group, Freefly.
Drone commercial application cases have grown dramatically in recent years. For industry participants such as drone manufacturers and software suppliers, designing, assessing, and updating solutions for various markets is a constant process.
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