Commercial Drones

Global Market Trajectory & Analytics

MCP-7951

EXECUTIVE ENGAGEMENTS

* Login for a full stack data experience

DATE

APR 2021

TABLES

18

202

EDITION

18

PRICE

USD $5600

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Commercial Drones estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$18.2 Billion by 2027, growing at a CAGR of 20.5% over the period 2020-2027.

The Commercial Drones market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR.

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

» Segment (Commercial Drones)

GEOGRAPHIES

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

I. METHODOLOGY

II. EXECUTIVE SUMMARY

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

Impact of Covid-19 and a Looming Global Recession

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 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 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES

USA Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

CANADA

Canada Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

JAPAN

Japan Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

CHINA

China Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

EUROPE

Europe 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 2020 & 2027

FRANCE

France Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

GERMANY

Germany Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

ITALY

Italy Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

UNITED KINGDOM

UK Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

REST OF EUROPE

Rest of Europe Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

ASIA-PACIFIC

Asia-Pacific Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

REST OF WORLD

Rest of World Current & Future Analysis for Commercial Drones by Segment - Commercial Drones - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

IV. COMPETITION

Total Companies Profiled: 154

PREVIEW REPORT

YOUR PRIVACY MATTERS!

Our robust permission-based engagement strategy requires a one-time double opt-in and/or re-consent for all users. We will re-establish consent once a year from date of last use. Both these practices exceed GDPR mandates.

What we store: Primary coordinates such as email, company address and phone. In-house developed influencer rank.
How we store: Encrypted and additionally secured by firewalls.
How we use your data: Only to contact you directly. We never share your coordinates with any individual or entity outside our company for any reason.
Privacy queries: Privacy@StrategyR.com

DIFFERENTIATORS

Integrity Trust Transparency

Our research offerings primarily draw upon unique perspectives of participating executives and their experiences in operating and strategy roles. These geo-focused insights enrich our projects .

What we are NOT - Our reports are not editorial exercises of remote analysts’ secondary source fed content that predominantly flood today’s off-the-shelf market report business. (A review of 262 publishers).

WHAT SETS US APART

FULL STACK DATA ACCESS

Primary Research Cluster Data
Influencer Engagement Stats
Evidence of Primary Research
List of Companies Engaged
Hundreds of Pages of Research
Peer Collaborative Interactions
Enterprise Data Exchanges
MarketGlassTM Platform Insider
Geographic Pricing Dynamics
Competitive Shares by Country
Brand Curation & Insights
Domain Expert Pool

Program Transparency: Clients have access to engagement stats of companies and executives. Clients may commission third-party audits of our influencer engagements at their expense.

Primary Research: We have a very successful incentive driven primary research program presenting a rich experience to participating executives. Featured company executives can sign up for a complimentary.

Collaborative Intelligence: Our platform presents a unique features for executives to collaborate with peers across geographies and participate on various product or regional perspectives for a collective unified insider project experience.

Global Brand Intelligence: We present competitive brand intelligence at the company level for players worldwide. Executives from brand owner companies participate to curate each brand for relevance and market presence.

Bespoke Updates: Our peer-to-peer online interactive platform enables client companies to build upon our project data stacks to build bespoke editions for internal sharing and use. Client company can build one complimentary update per year and unlimited updates for additional fee. Bespoke updates are fulfilled within a two-day turnaround.

Enterprise EcoConnect: Discretely bounce off queries to participant pool of executives. We can reach out to our participant pool based on specifics of geographic or domain acumen.

Renowned Support: We pride in our commitment to provide support to our clients. We go beyond the scope of the study to get you timely answers.

Complimentary Updates: Unlike the industry’s published PDF’s that are frozen in time from date of release, our research programs are ongoing and dynamic. Our reports are updated whenever there’s a major event impacting the marketplace. Your license offers seamless updates for one year.

No Fluff: We offer our clients the best CX with clean easy to read content. No verbose fluff. We offer clients full access to the entire stack of hundreds of pages of secondary research feeds used in our project via our online MarketGlass portal.

REPORT PREVIEW