Drones Market Size, Share, Analysis Report

Global Drones Market Analysis by Type, Application, Size, Share, Growth and Geography – Trends and Forecast

The global UAV drones market is expected to cross to US$ 33 Billion by 2024, at a CAGR of more than 19.0% between 2018 and 2024.

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MARKET SNAPSHOT

Major Players

  • Audi
  • Tesla
  • Volvo
  • Ford
  • General Motors
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    13

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    According to the market research analysts global Drones market will significantly grow during the given forecast period. Top down and bottom up approaches have been used to estimate the size of the UAV drones market. This entire research methodology includes the study of key players, company presentations, and company press releases, journals, paid databases, and interviews with industry experts like senior scientist, CEO, VP etc. All the percentage splits and segment breakdown of the market are based on primary and secondary research.
    This report covers the Unmanned Aerial Vehicle market based on its type (Fixed Wing, Rotary Blade, Nano, Hybrid), on its application (Military, Law Enforcement, Agriculture, Media and Entertainment, Retail) and on its geography (North America, Europe, APAC, RoW). It is estimated that the growth of rotary blade type drone held the largest share in 2018.
    This report provides important insights on environment of this market such as drones application development firms, its suppliers and distributors, product manufacturers and suppliers, OEMs, system integrators, electronic device manufacturers, and drone camera manufacturers. This study answers several questions for the stakeholders, primarily which market segments to focus on in next 2 to 6 years for prioritizing the efforts and investments in drones market.

    Who Should Buy this Report?
    •    UAV Technology Providers 
    •    UAV Technology Investors 
    •    UAV Technology Standards Organizations 
    •    Government Agencies 
    •    Venture Capitalists/Investors 
    •    Private Firms 
    •    Analysts and strategic business planners, and others. 

    Scope of the Report:

    The Global Drones Market is segmented as below;
    By Type: 
    Rotary Blade Drones
    Fixed Wing Drones
    Nano Drones
    Hybrid Drones

    By Application:
    Military Purpose
    Law Enforcement
    Monitoring Purpose
    Agriculture
    Surveying and mapping
    Others

    By Geography
    North America
    Europe
    Asia Pacific
    Rest of the World

    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 Breakdown of Primaries
        2.2 Market Size Estimation
               2.2.1 Bottom-Up Approach
               2.2.2 Top-Down Approach
        2.3 Market Breakdown & Data Triangulation
        2.4 Research Assumptions

    3 Executive Summary

    4 Premium Insight
        4.1 Attractive Market Opportunities in the UAV Drones Market
        4.2 UAV Drones Market: Major Countries
        4.3 UAV Drones Market: Segment-Wise Market Share, 2018
        4.4 UAV Drones Market Comparison (2015)
        4.5 UAV Drones Market, By Payload, 2018 vs 2024

    5 Market Overview
        5.1 Evolution of the Commercial Drones Technology
        5.2 Market Segmentation
               5.2.1 By Type
               5.2.2 By Payload
               5.2.3 By Component
               5.2.4 By Application
               5.2.5 By Geography
        5.3 Market Dynamics
               5.3.1 Drivers
                        5.3.1.1 Growing Demand for Drone-Generated Data in Commercial Applications
                        5.3.1.2 Enhanced Capabilities of UAVs to Fight Terrorism and Increasing Demand From Commercial Applications
                        5.3.1.3 Rapid Technological Advancements
               5.3.2 Restraints
                        5.3.2.1 Social Issues Such as Privacy & Nuisance Concerns
               5.3.3 Opportunities
                        5.3.3.1 High Adoption of Drones By the Developing Economies for Military Applications
                        5.3.3.2 Increase in the Number of Exemptions for the Use of UAV Drones in Commercial Applications By the Release of Part 107 Rule By FAA in U.S.
               5.3.4 Challenges
                        5.3.4.1 to Develop Advanced, Reliable, and Highly Automated Commercial Drones
                        5.3.4.2 Air Traffic Management for Safe Drone Operations

    6 Industry Trends
        6.1 Value Chain Analysis
        6.2 Porters Five Force Analysis
               6.2.1 Threat of New Entrants
               6.2.2 Threat of Substitutes
               6.2.3 Bargaining Power of Suppliers
               6.2.4 Bargaining Power of the Buyers
               6.2.5 Intensity of Competitive Rivalry

    7 UAV Drones Market, By Type
        7.1 Introduction
        7.2 Commercial Drones
               7.2.1 Fixed-Wing Drones
               7.2.2 VTOL Drones
                        7.2.2.1 Rotary Blade Drones
                        7.2.2.2 Nano Drones
                        7.2.2.3 Hybrid Drones
        7.3 Military Drones
               7.3.1 Small Tactical Unmanned Aircraft Systems (Stuas)
               7.3.2 Medium-Altitude Long-Endurance (Male) UAVs
               7.3.3 High Altitude Long Endurance (Hale) UAVs
               7.3.4 Unmanned Combat Air Systems (UCAS)

    8 UAV Drones Market, By Payload
        8.1 Introduction
        8.2 Commercial Drones (Up to 25kg)
        8.3 Military Drones
               8.3.1 Up to 150 Kg
               8.3.2 Up to 600 Kg
               8.3.3 Above 600 Kg

    9 UAV Drones Market, By Component
        9.1 Introduction
        9.2 Camera System
               9.2.1 Multispectral Camera
               9.2.2 Thermal Camera
               9.2.3 Lidar Camera
               9.2.4 High Resolution Camera
        9.3 Battery
        9.4 Propulsion System
        9.5 Sensor
               9.5.1 Motion Sensors
               9.5.2 Light Sensors
               9.5.3 Proximity Sensors
               9.5.4 Temperature Sensors
               9.5.5 Position Sensors
               9.5.6 Others
        9.6 Navigation System
               9.6.1 Global Positioning System (GPS)
               9.6.2 Geographic Information System (GIS)
        9.7 Others

    10 UAV Drones Market, By Application
         10.1 Introduction
         10.2 Commercial Drones
                 10.2.1 Precision Agriculture
                 10.2.2 Law Enforcement
                 10.2.3 Media and Entertainment
                 10.2.4 Retail
                 10.2.5 Inspection and Monitoring
                            10.2.5.1 Oil and Gas
                            10.2.5.2 Power Plants
                            10.2.5.3 Public Infrastructure
                 10.2.6 Surveying and Mapping
                 10.2.7 Diy Drones (Do-It-Yourself)
                 10.2.8 Education
         10.3 Military Drones
                 10.3.1 Spying
                 10.3.2 Search and Rescue Operations
                 10.3.3 Border Security
                 10.3.4 Combat Operations

    11 UAV Drones Market, By Geography
         11.1 Introduction
         11.2 North America
                 11.2.1 U.S.
                            11.2.1.1 Regulations for Commercial Drones in U.S.
                 11.2.2 Canada
                            11.2.2.1 Regulations for Commercial Drones in Canada
                 11.2.3 Mexico
                            11.2.3.1 Regulations for Commercial Drones in Mexico
         11.3 Europe
                 11.3.1 U.K.
                            11.3.1.1 Regulations for Commercial Drones in U.K.
                 11.3.2 Germany
                            11.3.2.1 Regulations for Commercial Drones in Germany
                 11.3.3 France
                            11.3.3.1 Regulations for Commercial Drones in France
                 11.3.4 Italy
                            11.3.4.1 Regulations for Commercial Drones in Italy
                 11.3.5 Spain
                            11.3.5.1 Regulations for Commercial Drones in Spain
                 11.3.6 Rest of Europe
         11.4 Asia-Pacific
                 11.4.1 China
                            11.4.1.1 Regulations for Commercial Drones in China
                 11.4.2 Japan
                            11.4.2.1 Regulations for Commercial Drones in Japan
                 11.4.3 India
                            11.4.3.1 Regulations for Commercial Drones in India
                 11.4.4 Rest of APAC
         11.5 RoW
                 11.5.1 South America
                            11.5.1.1 Regulations for Commercial Drones in Chile
                 11.5.2 Middle East
                            11.5.2.1 Regulations for Commercial Drones in South Africa

    12 Competitive Landscape
         12.1 Overview
         12.2 Market Ranking Analysis
         12.3 Competitive Situations and Trends
                 12.3.1 New Product Launches
                 12.3.2 Partnerships, Collaborations and Joint Ventures
                 12.3.3 Contracts and Agreements
                 12.3.4 Mergers & Acquisitions
                 12.3.5 Expansions

    The Global Drones Market is segmented as below;
    By Type: 
    Rotary Blade Drones
    Fixed Wing Drones
    Nano Drones
    Hybrid Drones

    By Application:
    Military Purpose
    Law Enforcement
    Monitoring Purpose
    Agriculture
    Surveying and mapping
    Others

    By Geography
    North America
    Europe
    Asia Pacific
    Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 13.6% during the study period (2022-2027)
    The global Drone Market will grow by US$ 3.3 Billion by 2027
    The segment included in Semi-Autonomous Cars market region.
    Some key players operating in the Drone Market include Audi, Tesla, Volvo, Ford., General Motors, Merceds-Benz, BMW
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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