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

Silicon-on-Insulator (SOI) Market by Wafer Type (RFSOI, FDSOI and Others), by Technology (BESOI, ELTRAN, SoS, SiMOX and Smart Cut) by Product (RF FE, MEMS, Power, Optical and Others) Market for Automotive, Computing and Mobile, Entertainment and Gaming, Photonics, Telecommunications and Others Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Aug-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2077 | Report Format:

The report analyzes Silicon on Insulator market on a global and regional level. The study offers past data of 2014 to 2016 along with forecast from 2017 to 2022 on the basis revenue (USD Million). Assessment of market dynamics gives a brief thought about the drivers and restraints for the Silicon ...Read More

Cloud IAM Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2069 | Report Format:

Cloud IAM Market: Overview Identity organization or management, also well known as identity and access management (IAM), in computer safety measures, the security and business regulation that permits the right individuals to admittance the correct possessions at the correct times and for the cor...Read More

Cloud Database and DBaaS Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2068 | Report Format:

Cloud Database Market and DBaaS Market: Overview Cloud platforms let their users acquire virtual machine for a restricted occasion, and this can operate a database on such virtual machinery. Users can both upload their individual mechanism image along with the database installed on it, or use re...Read More

Mobile Gaming Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2065 | Report Format:

Global Mobile Gaming Market: Overview Mobile games are generally video games that are played on smartphones, feature phones, PDAs, smartwatches, portable media players, tablet computers, or calculators. In todays era, downloading mobile games from app stores and from portals of mobile operator h...Read More

Connected Agriculture Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2045 | Report Format:

Global Connected Agriculture Market: Overview Connected agricultural marketing is contingent to swathe the services which are involved in improving an agricultural production from the farm to the customer. It is also the preparation, systematizing, directing and managing of agricultural producti...Read More

Choose License Type:
Latest Published Reports

View All Published Reports