Civil Drone market was valued at US$ 6.56 Bn in 2018 and is expected to reach US$ 21.61 Bn by 2027 with a CAGR growth rate of 14% in the forecast period from 2021 to 2027.
Spending on civilian drones is quite high in both developed and developing countries such as North America, Europe and Asia Pacific. Demand for civilian drones is expected to increase further over the forecast period from 2019 to 2027. Rising digitization and positive economic outlook are some of the key macroeconomic factors driving the growth of the private drone market. Civil drones are further evolving into a global business, and a variety of large players can provide civil drones worldwide. Currently, industrial sectors such as agriculture, real estate/infrastructure, energy and power worldwide are major contributors to private drone spending.
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Following are the segments covered by the report are:
- Fixed Wing Drone
- Rotary Wing Drone
By Application:
- Agriculture
- Real Estate/Infrastructure
- Energy & Power
- Other
The Key manufacturers that are operating in the global Civil Drone market are:
- 3D Robotics
- Aerovironment
- Drone Volt
- ECA Group
- Insitu
- Intel Corporation
- Parrot SA
- Precisionhawk
- SZ DJI Technology
- Yuneec International
A full report of Global Civil Drone Market is available at: https://www.orionmarketreports.com/civil-drone-market/37831/
Scope of the Report
The research study analyzes the global Civil Drone industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Civil Drone Market Report
1. What was the Civil Drone Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Civil Drone Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Civil Drone Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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