Report Id: ADDM062022
Drone Market Size by Type (Rotary Blade Drones, Fixed Wing Drones, Nano Drones and Hybrid Drones), By Application (Military Purpose, Law Enforcement, Monitoring Purpose, Agriculture, Surveying and mapping and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Drone Market is expected to be around US$ 142 Billion by 2028 at a CAGR of 13% in the given forecast period.
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CLICK HERENorth America
13
South America
7
Europe
9
APAC
14
Others
10
MARKET SNAPSHOT
Major Players
- Yuneec International Co. Ltd
- Parrot S.A
- SZ Dajiang Innovations Technology Co. Ltd
- 3D Robotics Inc.rporation
- AeroVironment Inc.
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
13
REPORT DESCRIPTION
The Drone Market is expected to be around US$ 142 Billion by 2028 at a CAGR of 13% in the given forecast period.
The rising acceptance of drone deployment in military operations has majorly stimulated suppliers to produce drones which may be used in a number of commercial applications. Drones are also being used for several purposes, which include offering internet access in rural areas, surveying and documenting animals, aerial photography and video recording, and public service missions. Number of firms primarily offers tiny drones for the purpose of agricultural, aerial photography, and data collecting. Moreover, drone-based home deliveries have become a reality as a result of the efforts of logistics and retail organizations include Amazon and UPS to apply the technology. Since commercial drones can travel at the speed of up to 100 miles per hour and deliver goods weighing less than 5 pounds, the delivery mechanism is expected to reduce delivery time and associated expenses. High investments in drone technology are also projected to accelerate the industry growth.
The global Drone market is segregated on the basis of Type as Rotary Blade Drones, Fixed Wing Drones, Nano Drones and Hybrid Drones. Based on Application the global Drone market is segmented in Military Purpose, Law Enforcement, Monitoring Purpose, Agriculture, Surveying and mapping and Others.
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
Yuneec International Co. Ltd., SZ Dajiang Innovations Technology Co. Ltd., Parrot S.A., 3D Robotics Inc.rporation, AeroVironment Inc., General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp., Boeing, 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
- Rotary Blade Drones
- Fixed Wing Drones
- Nano Drones
- Hybrid Drones
Drone Market, By Application
- Military Purpose
- Law Enforcement
- Monitoring Purpose
- Agriculture
- Surveying and mapping
- Others
Drone Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Drone Market, By Company
- Yuneec International Co. Ltd.
- SZ Dajiang Innovations Technology Co. Ltd.
- Parrot S.A.
- 3D Robotics Inc.rporation
- AeroVironment Inc.
- General Atomics
- Lockheed Martin Corporation
- Northrop Grumman Corp.
- Boeing
- China Aerospace Science and Technology Corporation
- Bae systems
- Israel Aerospace Industries
The report covers:
- Global Drone market sizes from 2023 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2021, estimates for 2022 and forecast from 2024 to 2028
- 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 Yuneec International Co. Ltd., SZ Dajiang Innovations Technology Co. Ltd., Parrot S.A., 3D Robotics Inc.rporation, AeroVironment Inc., General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp., Boeing, 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
Customization
Customized report as per the requirement can be offered with appropriate recommendations
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Drone Market, By Type
5.1. Introduction
5.2. Rotary Blade Drones
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Fixed Wing Drones
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Nano Drones
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Hybrid Drones
5.5.1. Market Overview
5.5.2. Market Size and Forecast
6. Drone Market, By Application
6.1. Introduction
6.2. Military Purpose
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Law Enforcement
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Monitoring Purpose
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Agriculture
6.5.1. Market Overview
6.5.2. Market Size and Forecast
6.6. Surveying and mapping
6.6.1. Market Overview
6.6.2. Market Size and Forecast
6.7. Others
6.7.1. Market Overview
6.7.2. Market Size and Forecast
7. Drone Market, By Geography
7.1. Introduction
7.2. North America
7.2.1. North America Drone, By Type
7.2.2. North America Drone, By Application
7.3. Europe
7.3.1. Europe Drone, By Type
7.3.2. Europe Drone, By Application
7.4. Asia-Pacific
7.4.1. Asia-Pacific Drone, By Type
7.4.2. Asia-Pacific Drone, By Application
7.5. Rest of the World
7.5.1. Rest of the World Drone, By Type
7.5.2. Rest of the World Drone, By Application
8. Competitive Insights
8.1. Key Insights
8.2. Company Market Share Analysis
8.3. Strategic Outlook
8.3.1. Mergers & Acquisitions
8.3.2. New Product Developments
8.3.3. Portfolio/Production Capacity Expansions
8.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5. Others
9. Company Profiles
9.1. Yuneec International Co. Ltd.
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. SZ Dajiang Innovations Technology Co. Ltd.
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Parrot S.A.
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. 3D Robotics Inc.rporation
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. AeroVironment Inc.
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. General Atomics
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Lockheed Martin Corporation
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Northrop Grumman Corp.
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. Boeing
9.9.1. Company Overview
9.9.2. Product/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. China Aerospace Science and Technology Corporation
9.10.1. Company Overview
9.10.2. Product/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. Bae systems
9.11.1. Company Overview
9.11.2. Product/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. Israel Aerospace Industries
9.12.1. Company Overview
9.12.2. Product/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
The Drone Market has been segmented as below:
Drone Market, By Type
- Rotary Blade Drones
- Fixed Wing Drones
- Nano Drones
- Hybrid Drones
Drone Market, By Application
- Military Purpose
- Law Enforcement
- Monitoring Purpose
- Agriculture
- Surveying and mapping
- Others
Drone Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Drone Market, By Company
- Yuneec International Co. Ltd.
- SZ Dajiang Innovations Technology Co. Ltd.
- Parrot S.A.
- 3D Robotics Inc.rporation
- AeroVironment Inc.
- General Atomics
- Lockheed Martin Corporation
- Northrop Grumman Corp.
- Boeing
- China Aerospace Science and Technology Corporation
- Bae systems
- Israel Aerospace Industries
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