Report Highlights
The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.
Report Includes
- An overview of the global market for commercial drones
- Analysis of global market trends, featuring historical revenue data for 2023, estimates for 2024, forecasts for 2025, 2027, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of the current market size and revenue growth prospects specific to commercial drones, accompanied by a market share analysis by technology, drone weight, application, type of drone and region
- Coverage of various components of commercial drones and discussion on applications of commercial drones in various industries
- A discussion of evolving technologies and the regulatory framework
- Review of patents, ESG trends, and emerging technologies related to commercial drones
- Market share analysis of the key companies and coverage of M&A activity, joint ventures, collaborations and partnerships, and other corporate market strategies
- Profiles of leading market participants
Report Scope
This study analyzes the commercial drone market by focusing on three drone types: rotary, fixed-wing and hybrid drones. It also segments drones by their technological capabilities into remote-operated, semi-autonomous and fully autonomous systems, as well as by weight into less than 5 lbs., 5 to 55 lbs. and more than 55 lbs.
This report also explores the use of commercial drones in the agriculture, construction and real estate, oil and gas, healthcare, mining and utilities, aviation, and media and entertainment sectors. Its regional analysis examines the factors affecting the deployment of commercial drone solutions in North America, Europe, Asia-Pacific and the rest of the world, which includes Latin America, the Middle East and Africa.
The study analyzes the drivers and regional dynamics of the commercial drone market. The report concludes by providing profiles of the major vendors in the market. The base year for the study is 2023, and projections and CAGRs are provided for the forecast period 2024 through 2029.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||
| Forecast period considered | 2024-2029 | ||||||||||
| Base year market size | $11.1 billion | ||||||||||
| Market size forecast | $24.0 billion | ||||||||||
| Growth rate | CAGR of 13.8% for the forecast period of 2024-2029 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | Technology, Drone Weight, Application, Type, and Region | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- By Type
- By Technology.
- By Weight.
- By Application.
- By Geography.
Analyst Credentials
Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.
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