Commercial Drones

World Market Report

MCP-7951

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DATE

JAN 2022

TABLES

202

PAGES

259

EDITION

18

PRICE

USD 5600

CODE

MCP-7951


COMPETITIVE METRICS

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HIGHLIGHTS & REPORT INDEX

What's New for 2022?

» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year

Amid the COVID-19 crisis, the global market for Commercial Drones estimated at US$31.9 Billion in the year 2020, is projected to reach a revised size of US$542.1 Billion by 2027, growing at a CAGR of 49.9% over the analysis period 2020-2027. Rotary Blade, one of the segments analyzed in the report, is projected to record a 49.7% CAGR and reach US$429 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fixed-wing segment is readjusted to a revised 44.9% CAGR for the next 7-year period.
The Commercial Drones market in the U.S. is estimated at US$9.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$86.6 Billion by the year 2027 trailing a CAGR of 47.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 44.8% and 42.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 33% CAGR.
In the global Hybrid segment, USA, Canada, Japan, China and Europe will drive the 57.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2 Billion in the year 2020 will reach a projected size of US$49.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$66.7 Billion by the year 2027.

SELECT PLAYERS

AeroVironment Inc.; Agribotix, LLC; Airware; Cyberhawk Innovations Ltd.; CyPhy Works Inc.; Draganfly Innovations Inc.; Drone Aviation Holding Corporation; DroneDeploy ; EHang Inc.; Intel Corporation; Lockheed Martin Corporation; Parrot SA; PrecisionHawk; Skycatch Inc.; SZ DJI Technology Co. Ltd.; Yuneec International Co., Ltd.

SEGMENTS

» Type (Rotary Blade, Fixed-wing, Hybrid) » End-Use (Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics, Other End-Uses)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Commercial Drones - An Expanding Market
Outlook
A Walk Through the Transition from Military to Commercial and Civilian Applications
Recent Market Activity
Beyond Line of Sight Drone Operations to Stir Future Growth
Use Cases of Commercial Drones Continue to Expand
Technology Advancements Critical for Commercial Drones Market
Rotary Blade UAVs to Lead Commercial Drones Market
Challenges Confronting Commercial Drones Market
Lack of Regulatory Framework Hampers Adoption of Drones in Commercial Sector
Drone Use Raises Concerns over Damage to Property & People
Commercial Drones – Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
AeroVironment, Inc. (USA)
Agribotix, LLC (USA)
Cyberhawk Innovations Ltd. (UK)
CyPhy Works, Inc. (USA)
Draganfly Innovations Inc. (Canada)
DroneDeploy (USA)
Drone Aviation Holding Corporation (USA)
EHang, Inc. (China)
Intel Corporation (USA)
Lockheed Martin Corporation (USA)
Parrot SA (France)
senseFly Ltd. (Switzerland)
PrecisionHawk (USA)
Prioria Robotics, Inc. (USA)
Sharper Shape Ltd. (Finland)
Skycatch, Inc. (USA)
SZ DJI Technology Co., Ltd. (China)
XAIRCRAFT Technology Co., Ltd. (China)
Yuneec International Co., Ltd. (China)
3. MARKET TRENDS & DRIVERS
Artificial Intelligence to Drive Future Growth
Automation - A Significant Area of Development
Use of Drones in Gathering Data Drives Adoption in the Enterprise Sector
Internet of Things (IoT) to Fuel Commercial Use of Drones
Companies Focus on Battery Technologies for Extended Flight Times
UAV Technology to Enable Creation of Customized 3D Maps
3D Mapping to Optimize Vehicular Movement at Construction Sites
Drone-as-a-Service Takes Flight
Drone Rental Centers - A Growing Concept
Photography Drones - Smart Capabilities Spur Adoption
Falling Cost of Materials Bodes Well for the Adoption of Commercial Drones
Advancing Smartphone Tech Facilitates Adoption of Drones in Commercial Applications
Testing: An Essential Requirement for Commercialization of Drones
Open Source Development Efforts to Reduce Penetration of Proprietary Drone Designs
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Commercial Drones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Commercial Drones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Rotary Blade by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Rotary Blade by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Fixed-wing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Fixed-wing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Hybrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Hybrid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Energy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Real Estate & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Real Estate & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Security & Law Enforcement by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Security & Law Enforcement by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Agriculture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Delivery & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Delivery & Logistics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Commercial Drones Market Analysis of Annual Sales in US$ Thousand for Years 2012 through 2027
UNITED STATES
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
USA Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Canada Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
JAPAN
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Japan Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
CHINA
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
China Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
EUROPE
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Commercial Drones by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Commercial Drones by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
FRANCE
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
France Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
GERMANY
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Germany Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Italy Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
UNITED KINGDOM
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
UK Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Rest of Europe Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
ASIA-PACIFIC
Commercial Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Commercial Drones by Type - Rotary Blade, Fixed-wing and Hybrid - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Commercial Drones by Type - Percentage Breakdown of Value Sales for Rotary Blade, Fixed-wing and Hybrid for the Years 2021 & 2027
Rest of World Recent Past, Current & Future Analysis for Commercial Drones by End-Use - Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Commercial Drones by End-Use - Percentage Breakdown of Value Sales for Media & Entertainment, Energy, Real Estate & Construction, Security & Law Enforcement, Agriculture, Delivery & Logistics and Other End-Uses for the Years 2021 & 2027
Total Companies Profiled: 13

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