Commercial Drones Market Revenue, Industry Growing Demand, Size, Share and Forecast – 2031

The global commercial drones market is anticipated to grow at a considerable CAGR of 17.5% during the forecast period (2024-2031). Increase in adoption of the commercial drone in retail warehouses further contribute to the growth of the market. Various startups in field of commercial drones including Gather, a US based startup uses a fleet of drones to map the warehouse environment activities for collecting stock data, read barcodes and others.  Upteko, a Denmark based startup developing drones for maritime industry, Aerizone, an Indian startup uses drones to capture geographical information to generate geospatial information, and other companies are also working in the field of commercial drones.

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Furthermore, in June 2020, DIJ has launched a new cost effective LIDAR technology, to obtain geographical information for mapping and mobile drone applications.  Apart from this, in august 2020, Wibotic Company received an approval for wireless drone charging technology from Federal Communication System (FCC) and for this technology; the company has raised $5.7 million. Thus, the company’s initiatives in the deployment of various commercial drones and the use of new technology for the drone sector are boosting the market growth during the forecast period.

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Market Coverage

  • Segment Covered- By Type, By Application
  • Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
  • Competitive Landscape- AeroVironment Inc, Drone Volt Group, 3D Robotics, DJI Technology Co,Ltd., Parrot Drone SAS, , ActionDrone USA, AguaDrone LLC, Tata Advanced Systems, Draganfly Inc and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o          Deviation from the pre-COVID-19 forecast

o          Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Commercial Drone Market Report Segment

By Type

  • Fixed Wings Drones
  • Rotary Blade Drones
  • Nano Drones
  • Hybrid Drones

By Applications

  • Transportation
  • Agriculture
  • Media and Entertainment
  • Construction
  • Government and Defense
  • Others (Energy, Tourism)

Company Profiles 

  • AeroVironment, Inc.
  • DRONE VOLT group
  • AguaDrone, LCC
  • Tata Advanced Systems Ltd.
  • AUTEL ROBOTICS Co., Ltd.
  • BAE Systems PLC,
  • SZDJITechology Co., Ltd.
  • Draganfly Inc.
  • Leonardo S.p.A.
  • Freefly Systems
  • General Atomics Aeronautical Systems, Inc.
  • Tiger Innovations Inc.
  • Israel Aerospace Industry

 

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