Commercial Drone Market Research Report

 

As per GMI Research's latest analysis, Global Commercial Drone Market reveals that the market is slated to register a significant CAGR over the upcoming years. This is mainly attributed to the rising demand for drones in the commercial industries due to the UAV's ability to perform various hazardous tasks, including inspecting utility pipelines with higher efficiency.

Request for a FREE Sample Report on Commercial Drone Market

Commercial Drone Market’s leading Manufacturers:

·        PrecisionHawk USA Inc.

·        BAE Systems PLC

·        AeroVironment Inc.

·        Ascending Technologies GmbH

·        Parrot S.A.

·        TRACE Intelligent Systems

·        DJI

·        SZ Dajiang Innovations Technology Co. Ltd

·        3D Robotics Inc.

·        Textron Inc.

Commercial Drone Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The rising demand for drones in the commercial industries owing to the UAV's capability to perform various hazardous tasks, including inspecting utility pipelines with higher efficiency and are cost-effective in comparison to other conventional methods, are the key drivers propelling the growth of the commercial drone market size. The increasing number of drone-supportive regulations applied by the governments is encouraging entrepreneurs to enter the market. These factors are expected to boost the demand for the market. Several global technology organizations are focusing on launching new utilization methods of drones in the commercial industry like commercial drone services. Furthermore, the growing application of drones for food delivery will further stimulate the growth of the commercial drone market share in terms of revenue. Along with the increasing number of UAV venture funding, rapid technological advancements, and the rising application of drones in the commercial industry, including 3D mapping and drone delivery, are some other factors driving the demand of the market.

Commercial drones facilitate rising productivity by improving graphics visualization and reduces the price of the project. The increasing use of UAVs has resulted in an enhancement in surveying accuracy, particularly in the real estate and construction sector. The emergence of the COVID-19 pandemic has positively impacted the demand for Virtual Reality (VR), Artificial Intelligence (AI), and Augmented Reality (AR) based solutions. The recent outbreak of coronavirus is encouraging pharmaceutical vendors and healthcare establishments to opt for machined-based services with decreased physical human contact. All these factors are increasing the demand for commercial drones in the healthcare industry to deliver medicines, healthcare equipment and track the patients who are not wearing face masks. Thereby, the COVID-19 pandemic is the major market contributor, particularly in 2020.

Commercial Drone Market Segmentation:

Segmentation by Product Type:

·        Fixed-Wing

·        Rotary Blade

·        Hybrid 

Segmentation by End-Use:

·        Agriculture

·        Delivery & Logistics

·        Energy

·        Media & Entertainment

·        Real Estate & Construction

·        Security & Law Enforcement

·        Others

Segmentation by Application:

·        Filming & Photography

·        Inspection & Maintenance

·        Mapping & Surveying

·        Precision Agriculture

·        Surveillance & Monitoring

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more