Drone Market Size By Type (Fixed-wing, Rotary Blade, Hybrid), By Application (Filming & Photography, Inspection & Maintenance), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025
The global Drone Market will grow by US$ 3.3 Billion by 2024 at a CAGR of 13.6% in the given forecast period.
A typical unmanned aircraft is made of light composite materials to reduce weight and increase maneuverability. Drones are equipped with different state of the art technology such as infrared cameras, GPS and laser (consumer, commercial and military UAV). Drones are controlled by remote ground control systems (GSC) and also referred to as a ground cockpit.
The factors expected to fuel the growth of the drone market include the increasing use of drone for industry-specific solutions, improvised regulatory framework, and increased requirement for qualitative data in various industries.
The global Drone market is segregated on the basis of Type as Fixed-wing, Rotary Blade, and Hybrid. Based on Application the global Drone market is segmented in Filming & Photography and Inspection & Maintenance.
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The global Drone market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Drone market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), and others are among the major players in the global Drone market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Drone Market has been segmented as below:
Drone Market, By Type
Fixed-wing
Rotary Blade
Hybrid
Drone Market, By Application
Filming & Photography
Inspection & Maintenance
Drone Market, By Region
North America
Europe
Asia-Pacific
Rest of the World
Drone Market, By Company
DroneDeploy (US)
Identified Technologies (US)
Measure (US)
Phoenix Drone Services (US)
Prioria Robotics (US)
SenseFly (Switzerland)
Aerobo (US)
Airware (US)
Cyberhawk (UK)
Deveron UAS (Canada)
The report covers:
Global Drone market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Drone market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Drone market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Drone market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Drone market share. Major industry players with significant revenue share include DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), and others.
Reasons to Buy this Report:
Gain detailed insights on the Drone industry trends
Find complete analysis on the market status
Identify the Drone market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.
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