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Commercial UAV Drones Market By Type (Fixed-Wing Drones, VTOL Drones, Others); By Application (Precision Agriculture, Media and Entertainment, Surveying and Mapping, Personal, Inspection and Monitoring, Others); By Components (Camera, Battery, Navigation System, Controllers, Sensors, Others) - Global Demand Analysis & Opportunity Outlook 2027

Published On : 11:42 PM, 10th June, 2018 REP-ID-1077 Category: ICT & Electronics

Commercial UAV Drones Market Overview

Commercial UAV drones refer to an aircraft without a human pilot used for commercial purposes. Further, in many commercial applications small UAV drones are being used conspicuously. Moreover, the main features of commercial UAV (Unmanned Aerial Vehicle) drones are security, search and rescue, inspections, surveillance, aerial photography & video, surveying & GIS (mapping) and it also includes other salient features.

Market Size and Forecast

The global commercial UAV drones market is expected to expand at a robust CAGR of 17.8% over the forecast period i.e. 2018-2027. Factor such as, increasing demand of  commercial drone services and increase investment regarding commercial drones are anticipated to increase the growth of global commercial UAV drones market over the forecast period.

In the regional market, North America is projected to dominate the overall commercial UAV drones market during the forecast period. Factor such as, increasing awareness regarding the benefits of drones is expected to positively impact the growth of commercial UAV drones market over the forecast period. Moreover, advancement in technology is anticipated significantly for the growth of commercial UAV drones market in North America.

Asia Pacific commercial UAV drones market is anticipated to expand at a robust rate over the upcoming years.Moreover, increasing number of commercial drones for precision agriculture in the region is fostering the growth of global commercial UAV drones market over the forecast period. Europe region is expected to observe outstanding growth in the upcoming years. Increase in the security concerns is anticipated to drive the growth of global commercial UAV drones market over the upcoming years.

commercial UAV Drones Market

Based on type, commercial UAV drones market is segmented into, fixed-wing drones, VTOL drones and others, further, VTOL drones is sub-segmented into rotary blade drones, Nano drones and hybrid drones, out of which, fixed-wing drones is accounted for the largest market share in overall global commercial UAV drones market over the forecast period.

Market Segmentation

Our in-depth analysis has segmented global commercial UAV drones market into the following segments:

By Type

  • Fixed-Wing Drones
  • VTOL Drones
    • Rotary Blade Drones
    • Nano Drones
    • Hybrid Drones
  • Others

By Application

  • Precision Agriculture
  • Media and Entertainment
  • Surveying and Mapping
  • Personal
  • Inspection and Monitoring
  • Others

By Components

  • Camera
  • Battery
  • Navigation System
  • Controllers
  • Sensors
  • Others

By Region

Global commercial UAV drones market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Poland, Turkey, BENELUX & Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia, New Zealand, Malaysia & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Israel, North Africa and South Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Factor such as, rising venture funding for various commercial UAV drones across the globe is anticipated to intensify the growth of global commercial UAV drones market over the forecast period. Further, factor such as, rising demand for drone generated data in commercial application is expected to positively drive the growth of the global commercial UAV drones market over the upcoming years.

In addition, factors such as, security & safety concerns and various social problems such as privacy and annoyance concern is anticipated to be the dynamic factor behind the growth of the global commercial UAV drones market over the forecast period.

Apart from this, rising technological advancement and innovation in commercial drones is likely to further strengthen the growth of global commercial UAV drones market over the forecast period. Moreover, integration of artificial intelligence with commercial UAV drones is expected to robust the growth of the global commercial UAV drones market over the forecast period.

However, high cost of equipment and stringent government regulation regarding the operation of drone are some of the key factors which are expected to limit the growth of global commercial UAV drones market over the forecast period.

Key Players

  • 3D Robotics
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • DJI
  • Delta Drone
  • Alcore Technologies
  • Bae Systems
  • AeroVironment, Inc.
  • Elbit Systems
  • Aidrones
  • General Atomics Aeronautical Systems
  • Israel Aerospace Industries

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global commercial UAV drones market is segmented as follows:

  • By Type Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By Components Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answers

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