EXECUTIVE ENGAGEMENTS
POOL
INTERACTIONS
PARTICIPANTS
VALIDATIONS
COMPANIES
* Login for a full stack data experience
DATE
APR 2021
TABLES
18
PAGES
61
EDITION
18
PRICE
USD 5600
CODE
MCP-7951
*Engagement stats are ongoing and dynamic
HIGHLIGHTS & REPORT INDEX
Global Commercial Drones Market to Reach $15.4 Billion by 2026
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$15.4 Billion by 2026, growing at a CAGR of 20.5% over the analysis period.
The U.S. Market is Estimated at $1.8 Billion in 2021, While China is Forecast to Reach $2.7 Billion by 2026
The Commercial Drones market in the U.S. is estimated at US$1.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2026 trailing a CAGR of 20.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.4% respectively over the analysis 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
TABLE OF CONTENTS
| 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: 13 |
PREVIEW REPORT
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