Commercial Drone Market
Commercial Drone Market Study by Multi-rotor, Single Rotor, Fixed-wing, and Hybrid Drones for Precision Agriculture, Aerial Photography, Surveillance, Survey Mapping, and Energy from 2024 to 2034
Analysis of Commercial Drone Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Commercial Drone Market Outlook (2024 to 2034)
An updated market study by Fact.MR states that worldwide demand for commercial drones is evaluated to reach a market value of US$ 6.4 billion in 2024. The global commercial drone market is approximated to expand at a high-value CAGR of 11.2% and reach US$ 18.6 billion by the end of 2034.
Mini commercial drones are becoming a popular choice across end-use industries due to their low operational costs and high endurance. Thereby, they find applications in civil as well as commercial areas. Further, integration of some recent technologies, such as the Internet of Things (IoT), artificial intelligence, and cloud computing are helping them reach higher levels of efficiency, subsequently resulting in increasing adoption.
Increasing deployment of commercial drones for several tasks, such as emergency response and filming is attributed to their capacity to offer ongoing and accurate project alerts and prevent hazardous accidents during construction. In addition, they are also used for increasing safety and surveying the property. Thereby, there is an increased demand for these drones across several sectors, especially construction and real estate.
Constant advancements in commercial drones are contributing to their reduced cost and updates in software systems. Thereby, precision agriculture, inspection, aerial mapping, and surveying are contributing to the widespread adoption of commercial drones. Several engineering firms and businesses are adopting these technologically advanced drones at a larger scale for different tasks. Maintenance, in-depth project inspection, and oil pipeline inspection are some of the key uses of these drones. Increased requirements for unmanned systems in energy, power production, and oil & gas are positively influencing commercial drone market trends.
- Global demand for commercial drones for use in precision agriculture is evaluated to accelerate at a CAGR of 11.9% and reach a market valuation of US$ 5.95 billion by 2034-end.
- North America is projected to account for 35% of the global commercial drone market share by the end of 2034.
- The market in Japan is evaluated to advance at 12.8% CAGR from 2024 to 2034.
| Report Attribute | Detail |
|---|---|
| Commercial Drone Market Size (2024E) | US$ 6.4 Billion |
| Forecasted Market Value (2034F) | US$ 18.6 Billion |
| Global Market Growth Rate (2024 to 2034) | 11.2% CAGR |
| South Korea Market Growth Rate (2024 to 2034) | 13.1% CAGR |
| East Asia Market Share (2034F) | 25% |
| Market Share of Single Rotor Drones (2034F) | 40% |
| Key Companies Profiled | AeroVironment Inc.; Insitu Inc.; SZ DJI Technology Co. Ltd.; 3D Robotics Inc.; Aeryon Labs Inc.; SKYDIO; PrecisionHawk Inc.; Yuneec International Co. Ltd.; Parrot SA; Autel Robotics; GoPro Inc.; Trimble Navigation Ltd.; Delair. |
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What Lies Ahead for Use of Commercial Drones?
“Rapidly Rising Use in Agriculture and Infrastructure”
Commercial drones are witnessing increased demand in the agriculture industry due to their increasing use for capturing high-quality videos and images of crops to get their current status. This helps farmers act accordingly to increase overall yield.
Furthermore, governments in several countries, such as China, Japan, India, and others are investing in infrastructure development, which is further widening the application scope of commercial drones in this sector for surveillance and getting real-time updates about the project.
“Rapid Advancements in Commercial Drone Variants”
Technological advancements, such as machine learning and artificial intelligence are playing vital roles in the development of commercial drones. Integration of these technologies in drones enables them to get data about surrounding areas, identify specific objects, effectively map local areas, and provide qualitative analytical data.
Deployment of 5G delivery systems and cloud computing technology in commercial drones is helping them carry out tasks such as teleoperation, autonomous flying, and multiple sharing with the help of high-speed internet connectivity.
They are extensively used in high-altitude mapping, on-demand deliveries, and search and rescue operations. Unlike conventional machines, these drones do not need a lot of energy for operation. Rather they are comparatively easy in operation and are controlled with remote controllers and less energy.
Why is the Global Commercial Drone Market Size Not Increasing Faster?
“Stringent Regulations and Air Traffic Management Limitations”
Commercial drones find extensive application in industries for their highly efficient technology for several aerial usages. However, some businesses are significantly concerned about the absence of a well-organized air traffic management system in several countries by aviation authorities.
Certain countries have stringent regulations for flying drones around airports and surroundings. Moreover, a few other countries are also facing criticism for violating personal space and privacy through drone use, especially impeding commercial expansion.
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What is Helping Startups Penetrate the Market Successfully?
“Integration of Cloud Computing and 5G Delivery Models in Commercial Drones”
Advent of the 5G internet model and integration of cloud computing with commercial drones are offering lucrative opportunities for startups. Users communicate in challenging circumstances with access to high-speed internet connectivity. Active involvement of aspiring market players in offering the DaaS (drone-as-a-service) model is assuring business growth for them.
Country-wise Insights
North America is projected to account for 35% share of the global market by the end of 2034, as opined in the updated report provided by skilled analysts at Fact.MR, a market research and competitive intelligence provider. Implementation of new regulations for creating more consistent and coherent standards for the safe and legal operation of commercial drones is favoring market growth in the region.
What is Expected from the United States Market Going Forward?
“Presence of Prominent Makers of Commercial Drones Bolstering Market Stance”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.8 Billion |
| Growth Rate (2024 to 2034) | 10% CAGR |
| Projected Value (2034F) | US$ 4.6 Billion |
The United States is forecasted to capture 70% share of the market in North America by the end of 2034. Increasing requirements for commercial drones from several end-use industries, such as agriculture, surveillance, construction, mining, and oil & gas are creating remunerative opportunities for suppliers. In addition, the presence of some leading market players, such as Autel Robotics, GoPro Inc., and 3D Robotics are contributing to revenue streams.
Why is South Korea Exhibiting High Demand for Commercial Drones?
“Government Pushing Use of Commercial Drones in Online Retailing”
| Attribute | South Korea |
|---|---|
| Market Value (2024E) | US$ 314 Million |
| Growth Rate (2024 to 2034) | 13.1% CAGR |
| Projected Value (2034F) | US$ 1.1 Billion |
South Korea is evaluated to possess a share of 23.1% of the market in East Asia by 2034-end. The government in South Korea is contributing significantly to the development of drone technology and robotics. Consumers intending to use drones for commercial objectives register at the MOLIT (Ministry of Land, Infrastructure, and Transport). Currently, commercial drones are used for several purposes, such as logistics, agricultural productivity, emergency relief, and repairs.
Online retailers in South Korea are considering using commercial drones for delivery purposes in residential settings. They are setting up commercial drone routes that have been programmed by the MOLIT to keep them away from the general public. Further, these routes are specifically designed to keep out of sight. Drones are spending significant time traveling along these decided routes, thereby allowing retailers to get better data related to the obstacles and spaces existing in the area.
What’s Contributing to Rapid Commercial Drone Market Growth in Japan?
“Flourishing e-Commerce Sector Driving High Demand for Commercial Drones”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 408.8 Million |
| Growth Rate (2024 to 2034) | 12.8% CAGR |
| Projected Value (2034F) | US$ 1.4 Billion |
Japan is analyzed to contribute 29.4% share of East Asian market revenue by the end of 2034. The e-Commerce sector in the country is expanding significantly, which is generating demand for innovative logistic solutions and faster delivery services. Thereby, there is an increased demand for commercial drones offering quick delivery services.
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Category-wise Insights
Commercial drones find application in precision agriculture for their features of assisting farmers in tasks, such as planning and analyzing plantation processes while monitoring fields to determine the growth and health of crops.
Which Type of Commercial Drone is Most Widely Deployed?
“High Preference for Single Rotor-based Commercial Drones for Their Durability and Strength”
| Attribute | Single Rotor |
|---|---|
| Segment Value (2024E) | US$ 2.7 Billion |
| Growth Rate (2024 to 2034) | 10.7% CAGR |
| Projected Value (2034F) | US$ 7.4 Billion |
Single rotor-based commercial drones are approximated to hold 40% share of global market revenue by 2034. The growing use of single-rotor commercial drones is attributed to their durability and strength. Their similarity to actual helicopters in design and structure contributing to increased use.
Which Application of Commercial Drones is Gaining Momentum Globally?
“Surging Popularity of Commercial Drones in Precision Agriculture for Crop Management”
| Attribute | Precision Agriculture |
|---|---|
| Segment Value (2024E) | US$ 1.93 Billion |
| Growth Rate (2024 to 2034) | 11.9% CAGR |
| Projected Value (2034F) | US$ 5.95 Billion |
Commercial drones for surveillance purposes are calculated to occupy a share of 32% of the global market by the end of 2034. These devices assist in managing crucial farm operations. They assist farmers in several tasks, such as planning and analysis of plantations along with field monitoring for determining the health and growth of crops.
Competitive Landscape
Key players in the commercial drone market are investing significantly in new product launches with improved features and quality for the safe and effective completion of tasks.
For instance, :
- Autel Robotics, in January 2023, launched the EVO Max 4T drone, which is a highly innovative and sophisticated flying machine used as a suitable option for consumer as well as business applications.
- AeroVironment, Inc. is one of the prominent providers of multi-domain and intelligent robotic systems. In September 2022, the company announced the launch of the VAPOR 55 MX, which is a UAS (unmanned aircraft system).
Fact.MR provides detailed information about the price points of key manufacturers of commercial drones positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.
Segmentation of Commercial Drones Market Research
-
By Product Type :
- Multi-rotor
- Single Rotor
- Fixed-wing
- Hybrid
- Others
-
By Application :
- Precision Agriculture
- Aerial Photography
- Surveillance
- Survey Mapping
- Energy
- Other Applications
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Product Type
- 6.2. Application
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
- 7.1. Multi-rotor
- 7.2. Single Rotor
- 7.3. Fixed-wing
- 7.4. Hybrid
- 7.5. Others
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 8.1. Precision Agriculture
- 8.2. Aerial Photography
- 8.3. Surveillance
- 8.4. Survey Mapping
- 8.5. Energy
- 8.6. Other Applications
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Sales Forecast 2024 to 2034 by Product Type, Application, and Region for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. AeroVironment Inc.
- 19.2. Insitu Inc.
- 19.3. SZ DJI Application Co. Ltd.
- 19.4. 3D Robotics Inc.
- 19.5. Aeryon Labs Inc.
- 19.6. SKYDIO
- 19.7. PrecisionHawk Inc.
- 19.8. Yuneec International Co. Ltd.
- 19.9. Parrot SA
- 19.10. Autel Robotics
- 19.11. GoPro Inc.
- 19.12. Trimble Navigation Ltd.
- 19.13. Delair
- 20. Assumptions and Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the commercial drone market in 2024?
The global commercial drone market has been valued at US$ 6.4 billion in 2024.
What is the projected demand valuation of commercial drones by 2034?
Global sales of commercial drones are forecasted to reach US$ 18.6 billion by 2034.
At what rate is the demand for commercial drones projected to increase?
The global market is evaluated to expand at a high-value CAGR of 11.2% through 2034.
What is the contribution of North America to global market revenue?
North America is approximated to account for 35% share of global market revenue by 2034-end.
At what rate are the sales of commercial drones evaluated to rise in South Korea?
Sales of commercial drones in South Korea are calculated to climb at 13.1% CAGR from 2024 to 2034.
How much share of the global market is analyzed to be held by single-rotor commercial drones?
Single-rotor commercial drones are projected to account for 40% share of the global market by 2034.
Who are the leading manufacturers of commercial drones?
Some of the key market players are SZ DJI Technology Co. Ltd., 3D Robotics Inc., Aeryon Labs Inc., SKYDIO, and PrecisionHawk Inc.
Commercial Drone Market