Market Overview:
The global industrial drones market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The increasing demand for industrial drones for various applications such as police, energy, land and resources, agriculture and others is driving the growth of the global industrial drones market. The North America region dominates the global industrial drones market followed by Europe and Asia Pacific regions. However, Asia Pacific region is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 due to increasing demand for industrial drones in countries such as China and Japan.
Product Definition:
An industrial drone is an unmanned aerial vehicle that is used for commercial or industrial purposes. Industrial drones can be used for a variety of tasks, including surveying land, inspecting infrastructure, and delivering goods. The use of industrial drones has become increasingly popular in recent years due to their versatility and cost-effectiveness.
Rotary-Wing Drones:
Rotary-wing drones, also known as fixed-wing drones or flying wings are a type of drone aircraft in which the wing is fixed and rotates around a central axis, providing directional control while the drone moves forward. The design offers several advantages over traditional helicopters such as better fuel efficiency, speed and ease of flight among others.
The global rotary-wing drones market size was valued at USD 685 million in 2016.
Fixed-Wing Drones:
Fixed-wing drones are aircraft without any means of propulsion, which is propelled by a fixed wing. The most common types of fixed-wing drones used in industrial applications include unpowered gliders and powered remotely piloted aerial vehicles (RPAV). RPAVs are commonly used for military surveillance and combat missions while unpowered gliders can be used for mapping, inspection & deforestation tasks.
The global fixed-wing drones market was valued at USD 575 million in 2016.
Application Insights:
The land and resources, agriculture, and others application segments accounted for the largest revenue share in 2017. The segment is anticipated to witness significant growth over the forecast period owing to rising demand for drones in aerial filming applications across various industries such as energy, construction, mining. Furthermore, drones are used extensively in photography activities by media organizations and professional photographers which also boosts the segment growth.
The global rise of drone-enabled news gathering has had a positive impact on journalism; this development is expected to positively influence media organizations that use these devices for their coverage purposes leading to increased adoption of these devices by journalists which will further boost industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing use of drones for commercial applications, such as real estate and agricultural monitoring. Moreover, increased drone-related accidents have led to a greater adoption of stringent regulations that limit their usage in commercial spaces. However, Europe is expected to emerge as a lucrative regional market over the forecast period owing to growing awareness regarding drone technology and its application across various industries.
Asia Pacific is anticipated to witness substantial growth over the forecast period owing to rising demand from developing countries such as China and India for UAVs with advanced capabilities for specific tasks at specified times with high accuracy levels at low costs. Furthermore, increasing military expenditure by governments has resulted in an increase in sales of drones across this region which will further boost industry expansion over next eight years (2030).
Growth Factors:
- Increasing demand for industrial drones from the commercial sector for purposes such as infrastructure inspection, land surveying, and mapping is expected to drive the growth of the industrial drones market.
- The increasing use of drones in agriculture for crop monitoring, spraying pesticides and fertilizers, and harvesting is also projected to fuel the growth of the market.
- Rising demand from military and defense sectors for reconnaissance missions, target identification, damage assessment, etc., is anticipated to boost the uptake of industrial drones during the forecast period.
- Proliferation of drone-based services such as precision farming, aerial photography & videography,, cargo delivery,, etc., is likely to create new opportunities for players operating in this market over the next few years.
- . Technological advancements in terms of camera quality,, autopilot systems,, collision avoidance technology,,,,etc., are expected to propel th
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Drones Market Research Report
By Type
Rotary-Wing Drones, Fixed-Wing Drones
By Application
Police, Energy, Land and Resources, Agriculture, Others
By Companies
Wuxi Hanhe Aviation Technology, Quanfeng Aviation, EWATT, TTA, UAV Solutions Inc, Aibird, MMC, ChinaRS, ZALA Aero, Unmanned Systems Technology, Fanwing, Alcoretech, UAV Factory Ltd., DJI
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Drones Market Report Segments:
The global Industrial Drones market is segmented on the basis of:
Types
Rotary-Wing Drones, Fixed-Wing Drones
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
Police, Energy, Land and Resources, Agriculture, Others
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:
- Wuxi Hanhe Aviation Technology
- Quanfeng Aviation
- EWATT
- TTA
- UAV Solutions Inc
- Aibird
- MMC
- ChinaRS
- ZALA Aero
- Unmanned Systems Technology
- Fanwing
- Alcoretech
- UAV Factory Ltd.
- DJI
Highlights of The Industrial 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:
- Rotary-Wing Drones
- Fixed-Wing Drones
- By Application:
- Police
- Energy
- Land and Resources
- Agriculture
- Others
- 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 Industrial 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.
How you may use our products:
- 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?
Industrial drones are unmanned aerial vehicles (UAVs) used in industrial settings for tasks such as inspection, mapping, and surveying. They can be equipped with sensors to allow them to navigate autonomously or be controlled by a human operator.
Some of the major companies in the industrial drones market are Wuxi Hanhe Aviation Technology, Quanfeng Aviation, EWATT, TTA, UAV Solutions Inc, Aibird, MMC, ChinaRS, ZALA Aero, Unmanned Systems Technology, Fanwing, Alcoretech, UAV Factory Ltd., DJI.
The industrial drones market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Drones Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Drones Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Drones Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Drones Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Drones Market Size & Forecast, 2020-2028
4.5.1 Industrial Drones Market Size and Y-o-Y Growth
4.5.2 Industrial Drones Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rotary-Wing Drones
5.2.2 Fixed-Wing Drones
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Police
6.2.2 Energy
6.2.3 Land and Resources
6.2.4 Agriculture
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Drones Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Drones Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rotary-Wing Drones
9.6.2 Fixed-Wing Drones
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Police
9.10.2 Energy
9.10.3 Land and Resources
9.10.4 Agriculture
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rotary-Wing Drones
10.6.2 Fixed-Wing Drones
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Police
10.10.2 Energy
10.10.3 Land and Resources
10.10.4 Agriculture
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rotary-Wing Drones
11.6.2 Fixed-Wing Drones
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Police
11.10.2 Energy
11.10.3 Land and Resources
11.10.4 Agriculture
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rotary-Wing Drones
12.6.2 Fixed-Wing Drones
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Police
12.10.2 Energy
12.10.3 Land and Resources
12.10.4 Agriculture
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rotary-Wing Drones
13.6.2 Fixed-Wing Drones
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Police
13.10.2 Energy
13.10.3 Land and Resources
13.10.4 Agriculture
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Drones Market: Competitive Dashboard
14.2 Global Industrial Drones Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wuxi Hanhe Aviation Technology
14.3.2 Quanfeng Aviation
14.3.3 EWATT
14.3.4 TTA
14.3.5 UAV Solutions Inc
14.3.6 Aibird
14.3.7 MMC
14.3.8 ChinaRS
14.3.9 ZALA Aero
14.3.10 Unmanned Systems Technology
14.3.11 Fanwing
14.3.12 Alcoretech
14.3.13 UAV Factory Ltd.
14.3.14 DJI
