The global drones market is expected to grow at a CAGR of 17.2% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for unmanned aerial vehicles (UAVs) in various applications, such as agriculture, media & entertainment, oil & gas and insurance. The increasing adoption of UAVs in various industries has led to the development of new technologies that are being used for drone-based services and products. For instance, drones are being used for crop spraying and monitoring purposes in agriculture; they are also being used for aerial photography and videography purposes in media & entertainment; they are also being used for oil exploration purposes in oil & gas; they are also being used by insurance companies to assess damages caused by natural disasters or accidents.
Fixed wing drones accounted for the largest share of the global drone market during 2017-2021 due to their high speed and long flight time capabilities which make them suitable for long distance flights with heavy payloads. Multirotor drones accounted for the second largest share due to their low cost per flight hour which makes them suitable as an economical option when compared with fixed wing drones. Single rotor drones accounted for a small share due to their limited flight time capabilities which make them unsuitable when compared with fixed wing or multirotor drones.
Some Of The Growth Factors Of This Market:
- The drone market is expected to be worth $6 billion by 2020, with the commercial segment accounting for more than half of the total revenue.
- Drones are being used in various industries such as agriculture, construction, and mining for aerial surveying and mapping purposes.
- Drones are also being used in the military sector for surveillance and reconnaissance missions as well as combat operations against terrorists or insurgents in remote areas where it would be difficult to deploy ground troops or other manned aircrafts due to security risks or lack of infrastructure.
- Drones are also being used by law enforcement agencies for surveillance purposes.
Industry Growth Insights published a new data on “Drones Market”. The research report is titled “Drones Market research by Types (Fixed Wing Drone, Multirotor Drone, Single Rotor Drone), By Applications (Agriculture, Media & Entertainment, Oil & Gas, Insurance, Infrastructure, Other), By Players/Companies Airware, Inc. (U.S.), Aerobo (U.S.),, Cyberhawk Innovations Ltd. (U.K.), Sky Futures Ltd. (U.K.), SenseFly Ltd. (Switzerland), DroneDeploy Inc. (U.S.), Sharper Shape Inc. (U.S.)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drones Market Research Report
By Type
Fixed Wing Drone, Multirotor Drone, Single Rotor Drone
By Application
Agriculture, Media & Entertainment, Oil & Gas, Insurance, Infrastructure, Other
By Companies
Airware, Inc. (U.S.), Aerobo (U.S.),, Cyberhawk Innovations Ltd. (U.K.), Sky Futures Ltd. (U.K.), SenseFly Ltd. (Switzerland), DroneDeploy Inc. (U.S.), Sharper Shape Inc. (U.S.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Drones Market Report Segments:
The global Drones market is segmented on the basis of:
Types
Fixed Wing Drone, Multirotor Drone, Single Rotor Drone
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Media & Entertainment, Oil & Gas, Insurance, Infrastructure, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airware, Inc. (U.S.)
- Aerobo (U.S.),
- Cyberhawk Innovations Ltd. (U.K.)
- Sky Futures Ltd. (U.K.)
- SenseFly Ltd. (Switzerland)
- DroneDeploy Inc. (U.S.)
- Sharper Shape Inc. (U.S.)
Highlights of The Drones Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed Wing Drone
- Multirotor Drone
- Single Rotor Drone
- By Application:
- Agriculture
- Media & Entertainment
- Oil & Gas
- Insurance
- Infrastructure
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drones Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drones are unmanned aerial vehicles (UAVs). They are typically powered by a motor and can be controlled using an onboard computer. Drones can be used for a variety of purposes, including photography, surveying, mapping, agricultural monitoring, and search-and-rescue operations.
Some of the key players operating in the drones market are Airware, Inc. (U.S.), Aerobo (U.S.),, Cyberhawk Innovations Ltd. (U.K.), Sky Futures Ltd. (U.K.), SenseFly Ltd. (Switzerland), DroneDeploy Inc. (U.S.), Sharper Shape Inc. (U.S.).
The drones market is expected to register a CAGR of 17.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drones Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drones Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drones Market - Supply Chain
4.5. Global Drones Market Forecast
4.5.1. Drones Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drones Market Size (000 Units) and Y-o-Y Growth
4.5.3. Drones Market Absolute $ Opportunity
5. Global Drones Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Drones Market Size and Volume Forecast by Type
5.3.1. Fixed Wing Drone
5.3.2. Multirotor Drone
5.3.3. Single Rotor Drone
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Drones Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Drones Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Media & Entertainment
6.3.3. Oil & Gas
6.3.4. Insurance
6.3.5. Infrastructure
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Drones Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Drones Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Drones Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Drones Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Drones Demand Share Forecast, 2019-2026
9. North America Drones Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Drones Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Drones Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Media & Entertainment
9.4.3. Oil & Gas
9.4.4. Insurance
9.4.5. Infrastructure
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Drones Market Size and Volume Forecast by Type
9.7.1. Fixed Wing Drone
9.7.2. Multirotor Drone
9.7.3. Single Rotor Drone
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Drones Demand Share Forecast, 2019-2026
10. Latin America Drones Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Drones Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Drones Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Media & Entertainment
10.4.3. Oil & Gas
10.4.4. Insurance
10.4.5. Infrastructure
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Drones Market Size and Volume Forecast by Type
10.7.1. Fixed Wing Drone
10.7.2. Multirotor Drone
10.7.3. Single Rotor Drone
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Drones Demand Share Forecast, 2019-2026
11. Europe Drones Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Drones Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Drones Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Media & Entertainment
11.4.3. Oil & Gas
11.4.4. Insurance
11.4.5. Infrastructure
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Drones Market Size and Volume Forecast by Type
11.7.1. Fixed Wing Drone
11.7.2. Multirotor Drone
11.7.3. Single Rotor Drone
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentil Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Drones Demand Share, 2019-2026
12. Asia Pacific Drones Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Drones Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Drones Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Media & Entertainment
12.4.3. Oil & Gas
12.4.4. Insurance
12.4.5. Infrastructure
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Drones Market Size and Volume Forecast by Type
12.7.1. Fixed Wing Drone
12.7.2. Multirotor Drone
12.7.3. Single Rotor Drone
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Drones Demand Share, 2019-2026
13. Middle East & Africa Drones Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Drones Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Drones Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Media & Entertainment
13.4.3. Oil & Gas
13.4.4. Insurance
13.4.5. Infrastructure
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Drones Market Size and Volume Forecast by Type
13.7.1. Fixed Wing Drone
13.7.2. Multirotor Drone
13.7.3. Single Rotor Drone
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Drones Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Drones Market: Market Share Analysis
14.2. Drones Distributors and Customers
14.3. Drones Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Airware, Inc. (U.S.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aerobo (U.S.),
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cyberhawk Innovations Ltd. (U.K.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sky Futures Ltd. (U.K.)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SenseFly Ltd. (Switzerland)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DroneDeploy Inc. (U.S.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sharper Shape Inc. (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
