Commercial Drones Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40635
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The commercial drones market size is expected to grow by USD 28.54 billion and record a CAGR of 36.73% during 2021-2025.

This post-pandemic global commercial drones market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this commercial drones market analysis report, key drivers such as the rise in applications of drones have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as restrictive laws and regulations governing UAV use, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Commercial Drones Market Size be in 2021?

Commercial Drones Market Size

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Who are the Key Vendors in the Commercial Drones Market?

The commercial drones market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • 3D Robotics Inc.
  • AeroVironment Inc.
  • Autel Robotics
  • FLIR Systems Inc.
  • Intel Corp.
  • Parrot Drones SAS
  • Remote Monitored Systems plc
  • SZ DJI Technology Co. Ltd.
  • Trimble Inc.
  • Yuneec International Co. Ltd.

 

The commercial drones market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This commercial drones market report further entails segmentation by product (software and services and hardware), end-user (infrastructure, agriculture, public safety, energy, and others), and geography (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Commercial Drones Market?

Commercial-Drones-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the commercial drones market in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. The new developments and launches of commercial drones will significantly influence commercial drones market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

43% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for commercial drones in the region. This report provides estimations of the contribution of all regions to the growth of the commercial drones market size.

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What are the Key Factors Covered in this Commercial Drones Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive commercial drones market growth during the next five years
  • Precise estimation of the commercial drones market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial drones industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial drones market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Recovery phase
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Software and services - Market size and forecast 2020-2025
  • Hardware - Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Infrastructure - Market size and forecast 2020-2025
  • Agriculture - Market size and forecast 2020-2025
  • Public safety - Market size and forecast 2020-2025
  • Energy - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by End user

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3D Robotics Inc.
  • AeroVironment Inc.
  • Autel Robotics
  • FLIR Systems Inc.
  • Intel Corp.
  • Parrot Drones SAS
  • Remote Monitored Systems plc
  • SZ DJI Technology Co. Ltd.
  • Trimble Inc.
  • Yuneec International Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The commercial drones market growth will increase by $28537.25 million during 2020-2025.
The commercial drones market is expected to grow at a CAGR of 36.73% during 2020-2025.
Technavio has segmented the commercial drones market by product (Software and services and Hardware) ,end user (Infrastructure, Agriculture, Public safety, Energy, and Others) , and geographic (North America, Europe, APAC, South America, and MEA).
3D Robotics Inc., AeroVironment Inc., Autel Robotics, FLIR Systems Inc., Intel Corp., Parrot Drones SAS, Remote Monitored Systems plc, SZ DJI Technology Co. Ltd., Trimble Inc., Yuneec International Co. Ltd. are a few of the key vendors in the commercial drones market.
North America will register the highest growth rate of 42.83% among the other regions. Therefore, the commercial drones market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • China
  • Canada
  • France
  • Japan
The key factors driving the commercial drones market growth are:
  • Rise in applications of drones
  • New developments and launches of commercial drones
The commercial drones market vendors should focus on grabbing business opportunities from the software and services segment as it accounted for the largest market share in the base year.
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