Commercial drones market is growing at a CAGR of 17.5% during the forecast period. The factors that augment the growth of the market include increasing demand in varied applications, reduction in size, and technical advancement. Drones are aircraft-flying devices without a human pilot aboard. UAVs are a component of an unmanned aircraft system (UAS) which includes a UAV, a system of communications between the two, and a ground-based controller. The flight of UAVs may operate with various degrees of autonomy either autonomously by onboard computers or under remote control by a human operator. Drones also are known as unmanned aerial vehicles are mainly used for military purposes. The drones are being used for varied purposes for surveying forest and oil fields for agricultural purposes. Drones are used in the entertainment industry for using varied camera angles; especially in sports and live events. Drones are also being used for e-commerce and cargo deliveries. Drones are also being used by law enforcement agencies. Though, high prices, strict government regulations, limited commercialization, and air traffic security and safety issues are some of the few restraining factors that act as a barrier to the growth of the global commercial drones during the forecast period.
The global Commercial drones market is segmented on the basis of types and application. On the basis of type, the market is further segmented into fixed-wing drones, rotary blades drones, nano drones, and hybrid drones. Further, based on the application segment, the market is sub-segmented into transportation, agriculture, media & entertainment, construction, government & defense, and others.
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Global Commercial Drones Market Segmentation
By Type
- Fixed Wing Drones
- Rotary Blade Drones
- Nano Drones
- Hybrid Drones
By Applications
- Transportation
- Agriculture
- Media and Entertainment
- Construction
- Government and Defense
- Others (Energy, Tourism)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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
- Kespry Inc.
- Lockheed Martin Corp.
- Northrop Grumman
- Parrot Drone SAS
- SYMA International Trade Development Ltd.
- Thales Group
- Safran SA
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