Global Drones Market Analysis by Type, Application, Size, Share, Growth and Geography – Trends and Forecast 2023 - 2028
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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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
13
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
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