Commercial Drones Market Impressive Growth |
Posted: Mar 25, 2020
Commercial Drones Market study presents basic data and true figures about the market giving a general assessable analysis of this market based on market drivers, market trends, constraints and its future prospects. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis. 3D Robotics; DJI; Aeryon Labs Inc.; Parrot Drones SAS; Aurora Flight Sciences; Denel SOC Ltd; Draganfly Innovations Inc.; Northrop Grumman Corporation; Lockheed Martin Corporation; Elbit Systems Ltd.; General Dynamics Corporation; AeroVironment, Inc.; Leptron Unmanned Aircraft Systems, Inc.; PrecisionHawk; YUNEEC; Trimble Inc.; INSITU; senseFly; Xiaomi; Sentera, Inc.; AiRXOS, a GE venture; QUADROCOPTER; Identified Technologies are few of the major competitors currently present in the market.
Global Commercial Drones Market is expected to rise from its initial estimated value of USD 3.96 billion in 2018, to a projected value of USD 17.04 billion by 2026, registering a CAGR of 20% in the forecast period of 2019-2026.
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By Drone Type (Rotary Blade Drones, Fixed Wing Drones, Hybrid Drones, Others), Offering (Software & Services, Hardware), Application (Government & Defense, Agriculture & Environmental, Energy, Media & Entertainment, Construction & Archaeology, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Commercial drones are unmanned aerial vehicle that have been equipped with the capability of visual imaging capturing and recording devices and equipments, as these drones are used for capturing images and recording videos of various terrains. The usage of drones has increased significantly due to its benefits associated with capturing and reaching places with ease and providing improved visual aids.
Increasing adoption of commercial drones for a number of end-use applications, majorly from the agricultural segment for the visualization and analysis of land area is expected to act as a driver for the market growth
Increased levels of investments and research activities associated with commercial drones from private and government sources; this factor is expected to act as a driver for the market growth
Availability of substitutes to drones such as satellites and other imaging alternatives are factors expected to restrain the market growth
High cost of drones and requirement of high capital investments for the maintenance of these drones; this factor is expected to restrain the market growth
Table of Contents
- Market Overview
- Manufacturers Profiles
- Global Commercial Drones Market Competitions, by Manufacturer
- Global Commercial Drones Market Analyses by Regions
- North America Commercial Drones by Countries
- Europe Commercial Drones by Countries
- Asia-Pacific Commercial Drones by Countries
- South America Commercial Drones by Countries
- Middle East and Africa Commercial Drones by Countries
- Global Commercial Drones Market Segment by Type
- Global Commercial Drones Market Segment by Application
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
Global commercial drones market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial drones market for global, Europe, North America, Asia-Pacific and South America.
Market Segment by Regions, regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some of the important question for stakeholders and business professional for expanding their position in the Global Commercial Drones Market:
- Which Region offers the most rewarding open doors for the market in 2019?
- What are the business threats and variable scenario concerning the market?
- What are probably the most encouraging, high-development scenarios for Commercial Drones movement showcase by applications, types and regions?
- What segments grab most noteworthy attention in Commercial Drones Market in 2019 and beyond?
- Who are the significant players confronting and developing in Commercial Drones Market?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Data Bridge Market Research
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster