Drone Services Market Size, Share, Analysis Report

Drone Services Market By Application Analysis (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, 3D Modeling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, Product Delivery); By Industry Analysis (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil & Gas, Utility and Power, Security, Search & Rescue, Mining, Scientific Research, Insurance); By Type Drone Analysis (Fixed wing Drone, Multi rotor Drone); By Duration Service Analysis (Short Duration Service, Long Duration Service) and By Regional Analysis – Global Forecast by

The Drone Services Market is expected to be around US$ 152 Billion by 2028 at a CAGR of 71.62% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Aerobo
  • Sky Futures Ltd
  • CYBERHAWK Innovations Ltd
  • Airware, Inc
  • Sharper Shape Inc
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    71

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    An automaton is an unmanned and is all the more ordinarily known as unmanned aerial vehicles (UAVs) or unmanned aircraft system (UASes). An automaton is a flying robot that is remotely controlled or flown independently and works in conjunction with locally available sensors and GPS frameworks. As of not long ago, the UAVs were to a great extent embraced in military exercises, for example, hostile to airplane target rehearses, insight gathering and so on. Today drones are used for military exercises and as a weapon also.The main issue expected that would fuel the advancement of the drone service market is the extending enthusiasm for drone services for watching and examination across over various endeavors. The ethereal photography and remote recognizing application segment is required to order the market in the midst of the gauge time allotment and, in light of usage, it is anticipated to witness the most vital improvement in the midst of the figure time span. Aerial photography and remote identifying is seen as a simplicity structure and is thought to be the most fitting and successful technique for social event perception data for three-dimensional (3D) mapping in various endeavors, for instance, oil and gas, agribusiness and coordination’s, among others.

    How Big is the Global Drone Services Market?

    The Drone Services Market is expected to be around US$ 152 Billion by 2028 at a CAGR of 71.62% in the given forecast period.

    The major driving factors of Drone Services Market are as follows:

    • Improved Regulatory Framework
    • Drones are technologically advancing by R&D
    • Different industries are increasing their applications of drone services
    • Drone service providers are providing industry wise solutions
    • Requirement of standard and quality data by consumers is growing

    The restraining factors of Drone Services Market are as follows:

    • Drone operations relate to privacy issues
    • Absence of skilled workforce
    • Drone operations relating to safety concerns
    • Risk management system is lacking
    • Constrained Endurance Affecting the Operation of Drones

    The Drone Services Market is segmented on the lines of its application, industry, type of drone, duration service and regional. Based on application segmentation it covers aerial photography & remote sensing, data acquisition & analytics, mapping & surveying, 3d modeling, disaster risk management & mitigation, inspection & environmental monitoring, product delivery, others. Based on industry segmentation it covers infrastructure, agriculture, logistics, media & entertainment, oil & gas, utility and power, security, search & rescue, mining, scientific research, insurance, others. Based on type of drone segmentation it covers fixed wing drone, multirotor drone. Based on duration service segmentation it covers short duration service, long duration service. The Drone Services Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Drone Services Market and related technologies.
    2) Analyses of global market trends, with data from 
    2020, estimates for 2021 and 2022, and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Drone Services Market
    .
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets on Drone Services Market with the reasons given for variations in the growth of the industry in certain regions.
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Aerobo (U.S.), CYBERHAWK Innovations Ltd. (U.K.),
    Airware, Inc. (U.S.), Sky Futures Ltd. (U.K.), Sharper Shape Inc. (U.S.), Drone Deploy Inc. (U.S.), Sense Fly Ltd. (Switzerland). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Drone Services Market has been segmented as below:

    By Application Analysis:

    • Aerial Photography & Remote Sensing
    • Data Acquisition & Analytics
    • Mapping & Surveying
    • 3D Modeling
    • Disaster Risk Management & Mitigation
    • Inspection & Environmental Monitoring
    • Product Delivery
    • Others

    By Industry Analysis:

    • Infrastructure
    • Agriculture
    • Logistics
    • Media & Entertainment
    • Oil & Gas
    • Utility and Power
    • Security, Search & Rescue
    • Mining
    • Scientific Research
    • Insurance
    • Others

    By Type Drone Analysis:

    • Fixed wing Drone
    • Multirotor Drone

    By Duration Service Analysis:

    • Short Duration Service
    • Long Duration Service

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Drone Services Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Drone Services Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION    
       1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Research Data 
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
                        2.1.2.2 Key Industry Insights
                        2.1.2.3 Breakdown of Primaries
        2.2 Demand Side Analysis 
               2.2.1 Introduction
                        2.2.1.1 Need for Drone Services in Growing Commercial Sectors
                        2.2.1.2 Growing Demand of Drone Services Due to Affordability
        2.3 Market Size Estimation 
               2.3.1 Bottom-Up Approach
               2.3.2 Top-Down Approach
        2.4 Market Breakdown & Data Triangulation 
        2.5 Research Assumptions

    3 Executive Summary 

    4 Premium Insights 
        4.1 Emerging Markets to Offer Several Untapped and Unexplored Opportunities 
        4.2 Drone Services Market, By Industry 
        4.3 Drone Services Market, By Duration of Service 
        4.4 Drone Services Market, By Application 
        4.5 Drone Services Market, By Type of Drone 
        4.6 Drone Services Market, By Region

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 By Industry
               5.2.2 By Application
               5.2.3 By Type of Drone
               5.2.4 By Duration of Service
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Increasing Applications of Drone Services Across Various Industries
                        5.3.1.2 Industry Specific Solutions Provided By Drone Service Providers
                        5.3.1.3 Improved Regulatory Framework
                        5.3.1.4 Consumers Increasing Requirement for Quality Data
                        5.3.1.5 Technological Advancements in Drones
                        5.3.1.6 Internet of Things Leading to Increased Application of Drones
               5.3.2 Restraints
                        5.3.2.1 Lack of Skilled and Trained Operators
                        5.3.2.2 Safety Concerns During Drone Operations
                        5.3.2.3 Limited Bandwidth for Drone Operation May Hamper Its Demand
               5.3.3 Opportunities
                        5.3.3.1 FAA Exemptions in Drone Platforms
               5.3.4 Challenges
                        5.3.4.1 Privacy Issues With Drone Operations
                        5.3.4.2 Lack of Risk Management Framework
                        5.3.4.3 Limited Endurance Affecting the Operation of Drones

    6 Industry Trends 
        6.1 Introduction 
        6.2 Technological Advancements 
               6.2.1 Innovations By Manufacturers in Drone Technologies
                        6.2.1.1 Eco Drones
                        6.2.1.2 Drone Swarms
               6.2.2 Capability Enhancement By Service Providers
                        6.2.2.1 Artificial Intelligence
                        6.2.2.2 Data Fusion for Drone Navigation
                        6.2.2.3 Sense and Avoid Technology
                        6.2.2.4 Cloud Computing-Based Services
                        6.2.2.5 Enhancement of Computing Capabilities
        6.3 Future Trends 
        6.4 Supply Chain 
        6.5 Legal Obligations 
        6.6 Country-Wise Drone Regulations 
        6.7 Innovations and Patent Registrations (2012-2016) 
        6.8 Key Trend Analysis

    7 Drone Services Market, By Industry 
        7.1 Introduction 
        7.2 Infrastructure 
        7.3 Agriculture 
        7.4 Logistics 
        7.5 Media & Entertainment 
        7.6 Oil & Gas 
        7.7 Utility & Power 
        7.8 Security, Search & Rescue 
        7.9 Mining 
        7.10 Scientific Research 
        7.11 Insurance 
        7.12 Others

    8 Drone Services Market, By Application 
        8.1 Introduction 
        8.2 Aerial Photography & Remote Sensing 
        8.3 Data Acquisition & Analytics 
        8.4 Mapping & Surveying 
        8.5 3D Modeling 
        8.6 Disaster Risk Management & Mitigation 
        8.7 Inspection & Environmental Monitoring 
        8.8 Product Delivery 
        8.9 Others

    9 Drone Services Market, By Type of Drone 
        9.1 Introduction 
        9.2 Fixed Wing Drone 
        9.3 Multirotor Drone

    10 Drone Services Market, By Duration of Service 
         10.1 Introduction 
         10.2 Short Duration Service 
         10.3 Long Duration Service

    11 Regional Analysis 
         11.1 Introduction 
         11.2 North America 
                 11.2.1 By Industry
                 11.2.2 By Application
                 11.2.3 By Type of Drone
                 11.2.4 By Duration of Service
                 11.2.5 By Country
                            11.2.5.1 U.S.
                                         11.2.5.1.1 By Industry
                                         11.2.5.1.2 By Type of Drone
                            11.2.5.2 Canada
                                         11.2.5.2.1 By Industry
                                         11.2.5.2.2 By Type of Drone
         11.3 Europe 
                 11.3.1 By Industry
                 11.3.2 By Application
                 11.3.3 By Type of Drone
                 11.3.4 By Duration of Service
                 11.3.5 By Country
                            11.3.5.1 U.K.
                                         11.3.5.1.1 By Industry
                                         11.3.5.1.2 By Type of Drone
                            11.3.5.2 France
                                         11.3.5.2.1 By Industry
                                         11.3.5.2.2 By Type of Drone
                            11.3.5.3 Germany
                                         11.3.5.3.1 By Type of Drone
                                         11.3.5.3.2 By Type of Drone
                            11.3.5.4 Italy
                                         11.3.5.4.1 By Industry
                                         11.3.5.4.2 By Type of Drone
                            11.3.5.5 Russia
                                         11.3.5.5.1 By Industry
                                         11.3.5.5.2 By Type of Drone
                            11.3.5.6 Sweden
                                         11.3.5.6.1 By Industry
                                         11.3.5.6.2 By Type of Drone
                            11.3.5.7 Rest of Europe
                                         11.3.5.7.1 By Industry
                                         11.3.5.7.2 By Type of Drone
         11.4 Asia-Pacific 
                 11.4.1 By Industry
                 11.4.2 By Application
                 11.4.3 By Type of Drone
                 11.4.4 By Duration of Service
                 11.4.5 By Country.
                            11.4.5.1 China
                                         11.4.5.1.1 By Industry
                                         11.4.5.1.2 By Type of Drone
                            11.4.5.2 Japan
                                         11.4.5.2.1 By Industry
                                         11.4.5.2.2 By Type of Drone
                            11.4.5.3 India
                                         11.4.5.3.1 By Industry
                                         11.4.5.3.2 By Type of Drone
                            11.4.5.4 South Korea
                                         11.4.5.4.1 By Industry
                                         11.4.5.4.2 By Type of Drone
                            11.4.5.5 Australia
                                         11.4.5.5.1 By Industry
                                         11.4.5.5.2 By Type of Drone
                            11.4.5.6 Rest of Asia-Pacific
                                         11.4.5.6.1 By Industry
                                         11.4.5.6.2 By Type of Drone
         11.5 Middle East 
                 11.5.1 By Industry
                 11.5.2 By Application
                 11.5.3 By Type of Drone
                 11.5.4 By Duration of Service
                            11.5.4.1 Saudi Arabia
                                         11.5.4.1.1 By Industry
                                         11.5.4.1.2 By Type of Drone
                            11.5.4.2 Israel
                                         11.5.4.2.1 By Industry
                                         11.5.4.2.2 By Type of Drone
                            11.5.4.3 UAE
                                         11.5.4.3.1 By Industry
                                         11.5.4.3.2 By Type of Drone
                            11.5.4.4 Rest of Middle East
                                         11.5.4.4.1 By Industry
                                         11.5.4.4.2 By Type of Drone
         11.6 Rest of the World 
                 11.6.1 By Industry
                 11.6.2 By Application
                 11.6.3 By Type of Drone
                 11.6.4 By Duration of Service

    12 Competitive Landscape 
         12.1 Introduction 
         12.2 Market Ranking Analysis 
         12.3 Brand Analysis 
         12.4 Competitive Situation & Trends 
                 12.4.1 Agreements, Acquisition, & Partnerships
                 12.4.2 New Service Launches
                 12.4.3 Contracts
         12.5 Emerging Drone Services Providers 
         12.6 Investments in Leading/Emerging Drone Services Companies, 2016

    13 Company Profile 
         13.1 Introduction
         13.2 Airware, Inc. 
         13.3 Aerobo 
         13.4 Cyberhawk Innovations Ltd. 
         13.5 Sky-Futures Ltd. 
         13.6 Sensefly Ltd. 
         13.7 Unmanned Experts Inc. 
         13.8 Sharper Shape Inc. 
         13.9 Dronedeploy Inc. 
         13.10 Prioria Robotics Holdings Inc. 
         13.11 Phoenix Drone Services LLC

    The Drone Services Market has been segmented as below:

    By Application Analysis:

    • Aerial Photography & Remote Sensing
    • Data Acquisition & Analytics
    • Mapping & Surveying
    • 3D Modeling
    • Disaster Risk Management & Mitigation
    • Inspection & Environmental Monitoring
    • Product Delivery
    • Others

    By Industry Analysis:

    • Infrastructure
    • Agriculture
    • Logistics
    • Media & Entertainment
    • Oil & Gas
    • Utility and Power
    • Security, Search & Rescue
    • Mining
    • Scientific Research
    • Insurance
    • Others

    By Type Drone Analysis:

    • Fixed wing Drone
    • Multirotor Drone

    By Duration Service Analysis:

    • Short Duration Service
    • Long Duration Service

    By Regional Analysis

            North America
            Europe
            Asia-Pacific
            Rest of the World

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    The market is expected to grow at a CAGR of 71.62% during the study period (2023-2028)
    The Drone Services Market is expected to be around US$ 152 Billion by 2028
    The segment included in Drone Services Market is Application, Industry, Type Drone, Duration Service and region.
    Some key players operating in the Drone Services Market include Aerobo (U.S.), CYBERHAWK Innovations Ltd. (U.K.), Airware, Inc. (U.S.), Sky Futures Ltd. (U.K.), Sharper Shape Inc. (U.S.), Drone Deploy Inc. (U.S.)
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