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 commercial drone market refers to the market for unmanned aerial vehicles (UAVs) that are used for commercial purposes, such as agriculture, construction, delivery, energy, inspections, photography, surveying, and more.
However, the commercial drone market still faces some challenges, such as privacy and security concerns, limited battery life, and the need for skilled pilots. Governments around the world are working to develop regulations and guidelines to address these challenges and promote the safe and responsible use of commercial drones.
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 covered | By Product Type, By Weight, By Technology, By System, By Mode Of Operation, By Application, By End User |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa
|
| Companies Covered | AeroVironment Inc., Agua Drone LCC, Autel robotics Co. Ltd., BAE Systems PLC, Draganfly Inc., DRONE VOLT group, Freefly
|
Global Commercial Drone Market Segmentation:
1. By Weight:
- < 2Kg
- 2Kg – 25Kg
- 25Kg – 150Kg
2. By Technology:
- Autonomous
- Remotely Operated
- Semi-Autonomous
3. By System:
- Airframe
- Hardware
- Payloads
- Propulsion System
- Software
- Others
4. By Mode Of Operation:
- Autonomous
- Remotely Operated
- Semi-Autonomous
5. By Application:
- Agriculture and environment
- Construction & archaeology
- Energy
- Filming and Photography
- Government
6. By End Use:
- Agriculture
- Delivery & Logistics
- Energy
- Media & Entertainment
- Real Estate & Construction
- Security & Law Enforcement
- Others
7. By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
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