The "Commercial Drones - Global Market Trajectory & Analytics" report has been added to
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Global Commercial Drones Market to Reach $18.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Commercial Drones estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$18.2 Billion by 2027, growing at a CAGR of 20.5% over the period 2020-2027.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 20.1% CAGR
The Commercial Drones market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Commercial Drones - An Expanding Market
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Outlook
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A Walk Through the Transition from Military to Commercial and Civilian Applications
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Recent Market Activity
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Beyond Line of Sight Drone Operations to Stir Future Growth
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Use Cases of Commercial Drones Continue to Expand
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Technology Advancements Critical for Commercial Drones Market
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Rotary Blade UAVs to Lead Commercial Drones Market
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Challenges Confronting Commercial Drones Market
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Lack of Regulatory Framework Hampers Adoption of Drones in Commercial Sector
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Drone Use Raises Concerns over Damage to Property & People
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Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 154 Featured)
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AeroVironment, Inc. (USA)
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Agribotix, LLC (USA)
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Cyberhawk Innovations Ltd. (UK)
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CyPhy Works, Inc. (USA)
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Draganfly Innovations Inc. (Canada)
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DroneDeploy (USA)
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Drone Aviation Holding Corporation (USA)
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EHang, Inc. (China)
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Intel Corporation (USA)
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Lockheed Martin Corporation (USA)
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Parrot SA (France)
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senseFly Ltd. (Switzerland)
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PrecisionHawk (USA)
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Prioria Robotics, Inc. (USA)
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Sharper Shape Ltd. (Finland)
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Skycatch, Inc. (USA)
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SZ DJI Technology Co., Ltd. (China)
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XAIRCRAFT Technology Co., Ltd. (China)
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Yuneec International Co., Ltd. (China)
3. MARKET TRENDS & DRIVERS
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Artificial Intelligence to Drive Future Growth
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Automation - A Significant Area of Development
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Use of Drones in Gathering Data Drives Adoption in the Enterprise Sector
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Internet of Things (IoT) to Fuel Commercial Use of Drones
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Companies Focus on Battery Technologies for Extended Flight Times
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UAV Technology to Enable Creation of Customized 3D Maps
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3D Mapping to Optimize Vehicular Movement at Construction Sites
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Drone-as-a-Service Takes Flight
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Drone Rental Centers - A Growing Concept
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Photography Drones - Smart Capabilities Spur Adoption
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Falling Cost of Materials Bodes Well for the Adoption of Commercial Drones
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Advancing Smartphone Tech Facilitates Adoption of Drones in Commercial Applications
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Testing: An Essential Requirement for Commercialization of Drones
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Open Source Development Efforts to Reduce Penetration of Proprietary Drone Designs
4. GLOBAL MARKET PERSPECTIVE
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World Current & Future Analysis for Commercial Drones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
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World 7-Year Perspective for Commercial Drones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
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