Global commercial drones market will reach $47.43 billion by 2032, growing by 15.3% annually over 2022-2032, driven by commercial drones' increased capability in gathering high-resolution images and conducting aerial surveys, the advancement of remote sensing and surveillance technologies, the rising adoption of commercial drones in business applications, and the technological advancement in drones, artificial intelligence (AI), and machine learning (ML). The annual shipment is expected to grow by 22.2% annually over the forecast years.
Highlighted with 101 tables and 172 figures, this 274-page report "Global Commercial Drones Market 2022-2032 by Offering (Hardware, Software, Services), Frame (Fixed Wing, Rotary Blade, Nano, Hybrid), Payload (<2 Kg, 2-25 Kg, >25 Kg), Mode of Operation (Remotely Operated, Semi-Autonomous, Fully-Autonomous), Range (VLOS, EVLOS, BLOS), Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global commercial drones market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global commercial drones market in every aspect of the classification from perspectives of Offering, Frame, Payload, Mode of Operation, Range, Application, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Frame
o Payloads
o Avionics
UAV Navigation Systems
UAV Sensors
UAV Flight Control Systems
UAV Communication Systems
Other Avionics
o Propulsion
UAV Engines
UAV Batteries
o Data Links
o Other Systems
• Software
o Flight Management Software
o Data Management Software
o Drone Mapping Software
o Image Processing Software
o Data Analytics Software
• Services
Based on Frame, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Fixed Wing Drones
• Rotary Blade Drones
• Nano Drones
• Hybrid Drones
By Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) shipment (thousand units) for 2022-2032 included in each section.
• <2 Kg
• 2 Kg-25 Kg
• >25 Kg
By Mode of Operation, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Remotely Operated
• Semi-Autonomous
• Fully-Autonomous
By Range, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Visual Line of Sight (VLOS)
• Extended Visual Line of Sight (EVLOS)
• Beyond Line of Sight (BLOS)
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Inspection & Monitoring
• Surveying and Mapping
• Product Delivery
• Filming & Photography
• Precision Agriculture
• Search & Rescue
• Other Applications
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Agriculture
• Real Estate and Construction
• Insurance Industry
• Energy Sector
• Industry and Manufacture
• Logistics and Retail
• Media and Entertainment
• Disaster and Emergency Response
• Environmental Monitoring
• Other Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Qatar, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Frame, Mode of Operation, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aeronautics
Aeronavics Ltd.
Airbus S.A.S
Autel Robotics Co., Ltd.
BAE Systems
CybAero AB
Dassault Aviation
Delta Drone
Draganfly Inc.
Drone Volt SA
DroneDeploy Inc.
Ehang Holdings Limited
Elbit Systems Ltd.
General Atomics Aeronautical Systems, Inc.
Insitu Inc.
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Northrop Grumman Corporation
Parrot Drones S.A.S
PrecisionHawk Inc.
Saab AB
SurveyCopter
SZ DJI Technology Co., Ltd.
Teledyne FLIR LLC (Teledyne Technologies Incorporated)
Textron, Inc.
Thales Group
The Boeing Company
Yuneec International Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 13
1.1 Industry Definition and Research Scope 13
1.1.1 Industry Definition 13
1.1.2 Research Scope 14
1.2 Research Methodology 17
1.2.1 Overview of Market Research Methodology 17
1.2.2 Market Assumption 18
1.2.3 Secondary Data 18
1.2.4 Primary Data 18
1.2.5 Data Filtration and Model Design 19
1.2.6 Market Size/Share Estimation 20
1.2.7 Research Limitations 21
1.3 Executive Summary 22
2 Market Overview and Dynamics 25
2.1 Market Size and Forecast 25
2.1.1 Impact of COVID-19 on World Economy 28
2.1.2 Impact of COVID-19 on the Market 31
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 33
2.2 Major Growth Drivers 37
2.3 Market Restraints and Challenges 41
2.4 Emerging Opportunities and Market Trends 46
2.5 Porter's Fiver Forces Analysis 50
3 Segmentation of Global Market by Offering 54
3.1 Market Overview by Offering 54
3.2 Hardware 56
3.2.1 Frame 58
3.2.2 Payloads 59
3.2.3 Avionics 60
3.2.4 Propulsion 62
3.2.5 Data Links 63
3.2.6 Other Systems 64
3.3 Software 65
3.3.1 Flight Management Software 67
3.3.2 Data Management Software 68
3.3.3 Drone Mapping Software 69
3.3.4 Image Processing Software 70
3.3.5 Data Analytics Software 71
3.4 Services 72
4 Segmentation of Global Market by Frame 73
4.1 Market Overview by Frame 73
4.2 Fixed Wing Drones 77
4.3 Rotary Blade Drones 79
4.4 Nano Drones 81
4.5 Hybrid Drones 83
5 Segmentation of Global Market by Payload 85
5.1 Market Overview by Payload 85
5.2 <2 Kg 89
5.3 2 Kg-25 Kg 91
5.4 >25 Kg 93
6 Segmentation of Global Market by Mode of Operation 95
6.1 Market Overview by Mode of Operation 95
6.2 Remotely Operated 99
6.3 Semi-Autonomous 101
6.4 Fully-Autonomous 103
7 Segmentation of Global Market by Range 105
7.1 Market Overview by Range 105
7.2 Visual Line of Sight (VLOS) 109
7.3 Extended Visual Line of Sight (EVLOS) 111
7.4 Beyond Line of Sight (BLOS) 113
8 Segmentation of Global Market by Application 115
8.1 Market Overview by Application 115
8.2 Inspection & Monitoring 119
8.3 Surveying and Mapping 121
8.4 Product Delivery 123
8.5 Filming & Photography 125
8.6 Precision Agriculture 127
8.7 Search & Rescue 129
8.8 Other Applications 131
9 Segmentation of Global Market by Industry Vertical 133
9.1 Market Overview by Industry Vertical 133
9.2 Agriculture 137
9.3 Real Estate and Construction 139
9.4 Insurance Industry 141
9.5 Energy Sector 143
9.6 Industry and Manufacture 145
9.7 Logistics and Retail 147
9.8 Media and Entertainment 149
9.9 Disaster and Emergency Response 151
9.10 Environmental Monitoring 153
9.11 Other Verticals 155
10 Segmentation of Global Market by Region 157
10.1 Geographic Market Overview 2022-2032 157
10.2 North America Market 2022-2032 by Country 163
10.2.1 Overview of North America Market 163
10.2.2 U.S. 169
10.2.3 Canada 172
10.2.4 Mexico 174
10.3 European Market 2022-2032 by Country 176
10.3.1 Overview of European Market 176
10.3.2 Germany 182
10.3.3 U.K. 184
10.3.4 France 186
10.3.5 Spain 188
10.3.6 Italy 190
10.3.7 Russia 192
10.3.8 Rest of European Market 194
10.4 Asia-Pacific Market 2022-2032 by Country 196
10.4.1 Overview of Asia-Pacific Market 196
10.4.2 Japan 202
10.4.3 China 205
10.4.4 Australia 207
10.4.5 India 209
10.4.6 South Korea 211
10.4.7 Rest of APAC Region 213
10.5 South America Market 2022-2032 by Country 215
10.5.1 Argentina 221
10.5.2 Brazil 223
10.5.3 Chile 225
10.5.4 Rest of South America Market 227
10.6 MEA Market 2022-2032 by Country 228
10.6.1 UAE 234
10.6.2 Saudi Arabia 236
10.6.3 Qatar 238
10.6.4 Other National Markets 240
11 Competitive Landscape 241
11.1 Overview of Key Vendors 241
11.2 New Product Launch, Partnership, Investment, and M&A 244
11.3 Company Profiles 245
Aeronautics 245
Aeronavics Ltd. 247
Airbus S.A.S 248
Autel Robotics Co., Ltd. 249
BAE Systems 250
CybAero AB 251
Dassault Aviation 252
Delta Drone 253
Draganfly Inc. 254
Drone Volt SA 255
DroneDeploy Inc. 256
Ehang Holdings Limited 257
Elbit Systems Ltd. 258
General Atomics Aeronautical Systems, Inc. 259
Insitu Inc. 260
Israel Aerospace Industries Ltd. 261
Lockheed Martin Corporation 262
Northrop Grumman Corporation 263
Parrot Drones S.A.S 264
PrecisionHawk Inc. 265
Saab AB 266
SurveyCopter 267
SZ DJI Technology Co., Ltd. 268
Teledyne FLIR LLC (Teledyne Technologies Incorporated) 269
Textron, Inc. 270
Thales Group 271
The Boeing Company 272
Yuneec International Co., Ltd. 273
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