Europe Commercial Drone Market Growth, Size, Trends, Revenue, Demand and Future Competition
Europe Commercial Drone Market Size- By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Sep-2023 | Report ID: IACT23152 | Pages: 1 - 156 | Formats*: |
| Category : Information & Communications Technology | |||
Europe Commercial Drone Market Introduction and Overview
According to SPER Market Research, the Europe Commercial Drone Market is estimated to reach USD 15.57 billion by 2033 with a CAGR of 8.85%.
The report includes an in-depth analysis of the Europe Commercial Drone Market, including market size and trends, product mix, distribution channels, and supplier analysis. A commercial drone, also known as an unmanned aerial vehicle (UAV) or remotely piloted aircraft, is a versatile and widely used technology in a variety of industries. These drones are outfitted with cameras, sensors, and occasionally specialized technology, allowing them to do jobs like aerial photography and videography, surveying and mapping, farm monitoring, infrastructure inspection, search and rescue missions, and even package delivery.
- Azur Drones announced in January 2022 that the German National Airworthiness Authorities had received operating approval for its Skeyetech drone system. Skeyetech will be able to undertake BVLOS drone operations over private locations during the day and night, under the supervision of an operator.
- FlyingBasket, Poste Italiane, and Leonardo demonstrated urban cargo delivery in Torino, Italy, in December 2021. The test is expected to pave the way for beyond pilots' visual line of sight (BVLOS) flights in the country's advanced air mobility (AAM) setting.
-00621248092023.jpg)
Market Opportunities and Challenges
The European drone market offers opportunities as well as challenges to industry players and policymakers. In terms of opportunities, demand for drones in Europe is constantly increasing across a wide range of industries, including agriculture, infrastructure inspection, environmental monitoring, and delivery services. This opens up a large business opportunity for drone manufacturers, service providers, and technology developers. Furthermore, the European Union's emphasis on supporting innovation and sustainability matches with the potential of the drone sector to increase efficiency and reduce environmental impact.
However, these potential come with a number of challenges. Regulatory complications are a significant barrier, as each European country may have its own drone legislation, fragmenting the industry and limiting cross-border operations. It is a priority to ensure the safe integration of drones into European airspace, which necessitates stringent safety and privacy safeguards. Concerns about data security and privacy must also be addressed, particularly as drones capture massive amounts of data during operations. Drone companies face severe competition from both within Europe and from worldwide players, necessitating ongoing innovation and distinction.
-00621318092023.jpg)
Market Competitive Landscape
The European drones market is highly fragmented, with numerous players holding considerable market shares. Azure Drones SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR Systems, and AltiGator Unmanned Solutions are some of the significant companies in the Europe drones market. Companies are spending a lot of money to improve technology and add new capabilities to drones to enable numerous business uses.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application |
| Regions covered | France, Germany, Italy, Netherlands, Spain, United Kingdom, Rest of Europe |
| Companies Covered | CATUAV S.L., Yuneec, Aerialtronics, Parrot Drones, Terra Drone Corporation, Onyx Scan Advanced LiDAR Systems, AltiGator Unmanned Solutions, DJI, Flyability SA, DelAir, UAS Europe AB, and Azure Drones SAS |
COVID-19 Impact on Europe Commercial Drone Market
Though the COVID-19 epidemic hampered the recreational and entertainment sector and related drone operations in 2020, other industrial sectors soon recovered in 2021, fueling the recovery in drone demand. On the other side, the pandemic has provided the industry with new use cases, particularly from law enforcement applications for monitoring the implementation of COVID-19 procedures.
Key Target Audience
- Businesses and Corporations
- Government and Regulatory Bodies
- Drone Manufacturers and Suppliers
- Media and Content Creation
Our in-depth analysis of the Europe Commercial Drone Market includes the following segments:
| By Application: |
|
Key Topics Covered in the Report
- Europe Commercial Drone Market Size (FY’2023-FY’2033)
- Overview of Europe Commercial Drone Market
- Segmentation of Europe Commercial Drone Market By Application (Construction, Agriculture, Energy, Law Enforcement, Medical, Parcel Delivery)
- Statistical Snap of Europe Commercial Drone Market
- Expansion Analysis of Europe Commercial Drone Market
- Problems and Obstacles in Europe Commercial Drone Market
- Competitive Landscape in the Europe Commercial Drone Market
- Impact of COVID-19 and Demonetization on Europe Commercial Drone Market
- Details on Current Investment in Europe Commercial Drone Market
- Competitive Analysis of Europe Commercial Drone Market
- Prominent Players in the Europe Commercial Drone Market
- SWOT Analysis of Europe Commercial Drone Market
- Europe Commercial Drone Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. 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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Commercial Drone Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Commercial Drone Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Commercial Drone Market
7. Europe Commercial Drone Market, By Application (USD Million)
7.1. Europe Commercial Drone Market Value Share and Forecast, By Application, 2023-20337.2. Construction7.3. Agriculture7.4. Energy7.5. Law Enforcement7.6. Medical7.7. Parcel Delivery7.8. Others
8. Europe Commercial Drone Market Forecast, 2019-2033 (USD Million)
8.1. Europe Commercial Drone Market Size and Market Share
9. Europe Commercial Drone Market, By Application, 2019-2033 (USD Million)
9.1. Europe Commercial Drone Market Size and Market Share By Application (2019-2026)9.2. Europe Commercial Drone Market Size and Market Share By Application (2027-2033)
10. Europe Commercial Drone Market, By Region, 2019-2033 (USD Million)
10.1. Europe Commercial Drone Market Size and Market Share By Region (2019-2026)10.2. Europe Commercial Drone Market Size and Market Share By Region (2027-2033)10.3. France10.4. Germany10.5. Italy10.6. Netherlands10.7. Spain10.8. United Kingdom10.9. Rest of Europe
11. Company Profile
11.1. Azure Drones SAS
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. CATUAV S.L.
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Yuneec
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Aerialtronics
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Parrot Drones
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Terra Drone Corporation
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Onyx Scan Advanced LiDAR Systems
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. AltiGator Unmanned Solutions
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. DJI
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
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.
Frequently Asked Questions About This Report
Europe Commercial Drone Market is projected to reach USD 15.57 billion by 2033, growing at a CAGR of 8.85% during the forecast period.
Europe Commercial Drone Market grew in market size from 2022. The Market is expected to reach USD 15.57 billion by 2033, at a CAGR of 8.85% during the forecast period.
Europe Commercial Drone Market CAGR of 8.85% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Commercial Drone Market size is USD 15.57 billion from 2023 to 2033.
Europe Commercial Drone Market Segment is covered By Application.
The Europe is anticipated to have the highest market share in the Europe Commercial Drone Market.
The key players in the market include Companies Covered CATUAV S.L., Yuneec, Aerialtronics, Parrot Drones, Terra Drone Corporation, Onyx Scan Advanced LiDAR Systems, AltiGator Unmanned Solutions, DJI, Flyability SA, DelAir, UAS Europe AB, and Azure Drones SAS.
" These drones are outfitted with cameras, sensors, and occasionally specialized technology, allowing them to do jobs like aerial photography and videography, surveying and mapping, farm monitoring, infrastructure inspection, search and rescue missions, and even package delivery.
"
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
