Commercial Drone Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1689 | Report Format : | Status : Upcoming |

Abstract

Global Commercial Drone Market: Overview

Commercial drones are also known as Unmanned Aerial Vehicles (UAVs). Retailing and e-commerce industries are working on using UAVs to deliver goods and products at the earliest to customers. In July 2015, Amazon recommended issuance of a distinct airspace zone specifically for these UAVs’ operation so as to deliver products to customers. Nevertheless, such innovative steps are restrained by the government regulations and are successful when given permission to be introduced in the market. Governments all over the world are utilizing these UAVs in various applications including infrastructure, law enforcement, scientific research, environmental studies, R&D, and in disaster management activities.

Global Commercial Drone Market: Growth Factors

Rising application of UAVs in law enforcement and agriculture sectors is anticipated to have a positive impact on the global commercial drone market in the near future. These UAVs have applications in numerous industrial sectors such as military, agriculture, homeland security, and retail. Though there is a high demand for military applications, commercial applications are slowly but surely getting a pace. Aviation governing bodies including the European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) have restricted the UAVs use considering the limitations in the management of air traffic and safety on a large scale. Though these UAVs are now been utilized for commercial purposes, there are yet few sectors such as logistics and transport where they still banned. New rules for these UAVs, which will allow users to use them, are proposed by the FAA. However, they can fly them in the daytime and only if they stay under 500 ft in the air, weigh up to 55 pounds, and fly less than 100 mph.

Global Commercial Drone Market: Segmentation

The global commercial drone market is segmented on the basis of product and application. On the basis of product, the global market is segmented as fixed wing, nano, rotary blade, and hybrid. Based on the application, the global commercial drone market is bifurcated as agriculture, government, energy, media & entertainment, and so on.

Global Commercial Drone Market: Regional Analysis

Due to increasing applications and high production in the commercial sectors, North America is anticipated to dominate the global commercial drone market. On the other hand, Europe is anticipated to witness significant growth in the near future mainly owing to the less stringent regulations and rising applications in agricultural and law enforcement. Initiatives by the government and building tweaks are other factors boosting the global market in this region. Furthermore, high demand for the UAVs is anticipated to be witnessed by Asia Pacific. Australia, as well as Asian countries including Japan, is focusing on using commercial drones for agricultural purposes.

Global Commercial Drone Market: Competitive Players

Some of the major players in the global commercial drone market are BAE Systems PLC, AeroVironment Inc., DJI, Elbit Systems Ltd., Draganfly, General Atomics, Lockheed Martin Corporation, Israel Aerospace Industries, Northrop Grumman, Textron Inc., Parrot SA, and The Boeing Company.

Global Commercial Drone Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Combat System Integration Market by Platform (Large Combat Ships, Medium Combat Ships, Helicopters, Small Combat Ships, Submarines, Fighter Aircraft and Armored Vehicles/Artillery) Market for Naval, Airborne and Land-Based Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2279 | Report Format:

The report analyzes and forecasts combat system integration market on a global and regional level. The study offers past data of 2014 to 2016 along with forecast from 2017 to 2022 based on revenue (USD Billion). Assessment of combat system integration market dynamics gives a brief thought about th...Read More

Edge Analytics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2225 | Report Format:

Edge Analytics Market: Overview The examining analysis surveys edge computing specially as an analytic proposal and also as an advance for analyzing information closely along with its source, other than sending it to an inaccessible server for cloud-level examination. These are computing tasks t...Read More

Drone Payload Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2221 | Report Format:

Drone Payload Market: Overview Aircraft having the ability to fly alone with the help of embed program or which can be tenuously operated are known as drones. They are also formally known as Unmanned Aircraft Vehicle system (UAVS), Remotely Piloted Aircraft System (RPAS), Unmanned Aircraft Syste...Read More

Distributed Control System Market (DCS): Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2217 | Report Format:

Distributed Control System Market (DCS): Overview The promising process industries are only operated by highly developed automation technologies, for example, distributed control systems (DCS). These systems are utilized as extensions of conventional controllers across diversified series of indu...Read More

Customer Relationship Management Services Market by Deployment Mode (On Premises and Cloud) for Applications (Marketing, Sales, Customer Support and Services and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2215 | Report Format:

The report covers forecast and analysis for the customer relationship management services market on a global and regional level. The study provides historic data of 2014, 2015 and 2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints...Read More

Choose License Type:
Latest Published Reports

View All Published Reports