The global Commercial Drone Market is estimated to grow from USD 5.59 Billion in 2019 to reach USD 31.69 Billion by 2027, at a CAGR of 24.3% during the forecast period from 2020-2027.
Growing necessity to automate recruitment processes, increasingly expanding talent pool across diverse geographies, evolving need for analytics matrices in recruitment process and emphasis to improve candidate experience is expected to drive the growth in the market for Commercial Drone in the mobile phones.
Commercial Drone Market by Type (Fixed Wing Drones, Rotary Blade Drones and Hybrid Drones); Application (Filming & Photography, Inspection & Maintenance, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring and Other Applications); by End Use (Agriculture, Delivery & Logistics, Energy, Real Estate & Construction, Media & Entertainment, Security & Law Enforcement and Other Uses) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027
Drivers responsible for growth in the market include:
Factors restraining market growth:
Market Opportunities include:
Here are 12 of the best Commercial Drone Manufacturers analysis
• SZ DJI Technology Co., Ltd.
• Parrot Drones SAS
• AeroVironment Inc.
• 3D Robotics
• Leptron Unmanned Aircraft Systems, Inc.
• Precisionhawk Inc.
• Yuneec International Co. Ltd.
• Aeryon Labs Inc.
• Trimble Navigation Ltd.
The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.
The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global Commercial Drone market share along with its growth rate in different regions and countries.
Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.
Various drivers, restraints and opportunities in the Commercial Drone market are analyzed in detail in the report. Key drivers that make the overall market grow are discussed thoroughly, along with its impact on the sales of different product types. Report also features restraining factors that are likely to restrain the market growth. As well, different opportunities which will propel the market in future and bring new growth avenues for major market players are discussed in detail. This will help in understanding the overall dynamics prevailing in the historic as well as in coming years.
Apart from this, the report covers various collaborations, mergers and acquisitions, regional expansions, new product launches and product pipelines for the key players involved in the market.
The report describes in detail market segmentation by dividing the market based on its Type, Application, End Use and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.
Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.
Based on the Type, the global market is segmented into Fixed Wing Drones, Rotary Blade Drones and Hybrid Drones. Based on the Application, the global market is segmented into Filming & Photography, Inspection & Maintenance, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring and Other Applications. Based on the End Use, the global market is segmented into Agriculture, Delivery & Logistics, Energy, Media & Entertainment, Real Estate & Construction, Security & Law Enforcement and Other Uses. Trend analysis for all the segments is provided in detail in the report.
Market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).
The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.
Commercial Drone Market Report Scope
|Market Size in 2019||USD 5.59 Billion|
|Market Size in 2027||USD 31.69 Billion|
|CAGR (%)||24.3% from 2020 to 2027|
|Historic Period||2017 - 2018|
|Segments Covered||Type, Application, End Use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
By End Use
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