Report Feature
The future of the commercial drone market looks promising with opportunities in the precision agriculture, aerial photography, surveillance, survey mapping, and energy applications. The global commer
cial drone market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth driver for this market is increasing demand of commercial drone from various end use industries. UAVs (Unmanned Aerial Vehicles) have the ability to perform hazardous tasks, such as inspecting utility pipelines, with higher precision and cost-effectiveness as compared to the conventional methods.A report of more then 150 pages is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of commercial drone market report download the report brochure
The study includes the commercial drone market size and forecast for the global commercial drone market through 2024, segmented by product type, application, end use, pay load, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
- Multi-rotor drones
- Single rotor drones
- Fixed winged drones
- Hybrid drones
- Others
By Application [$M shipment analysis for 2013 – 2024]:
- Precision Agriculture
- Aerial Photography
- Surveillance
- Survey Mapping
- Energy and Other
By End Use [$M shipment analysis for 2013 – 2024]:
- Commercial
- Consumer
- Military
- Others
By Pay Load [$M shipment analysis for 2013 – 2024]:
- Less than 25 kg
- 25 to 150 kg
- More than 150 kg
By Region [$M shipment analysis for 2013 – 2024]:
-
North America
- United States
- Canada
- Mexico
-
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
-
Asia-Pacific
- China
- Japan
- India
-
Rest of the World
- Brazil
Some of the commercial drone companies profiled in this report include Parrot, Aurora Flight, Denel, DJI, Draganfly, Northrop Grumman, Lockheed Martin, Elbit Systems, General Dynamics, and other
Some of the features of "Global Commercial Drones Market 2019-2024: Trends, Forecast, and Opportunity Analysis” include
- Market size estimates: Global commercial drone market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region
- Segmentation analysis: Global commercial drone market size by various applications such as by product type, application, end use, pay load, and region
- Regional analysis: Global commercial drone market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
- Growth opportunities: Analysis on growth opportunities in different applications and regions for commercial drone in the global commercial drone market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for commercial drone in the global commercial drones market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global commercial drone market by product type (multi-rotor drones, single rotor drones, fixed winged drones, hybrid drones, and other), application (precision agriculture, aerial photography, surveillance, survey mapping, and energy an other), end use (commercial, consumer, military, and others), pay load (less than 25 kg, 25 to 150 kg, and more than 150 kg), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the commercial drone market?
Q.5 What are the business risks and threats to the commercial drone market?
Q.6 What are emerging trends in this commercial drone market and the reasons behind them?
Q.7 What are some changing demands of customers in the commercial drone market?
Q.8 What are the new developments in the commercial drone market? Which companies are leading these developments?
Q.9 Who are the major players in this commercial drone market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this commercial drones area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in commercial drone market?
Table of Contents
1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis
7. Company Profiles of Leading Players 7.1: Parrot 7.2: Aurora 7.3: Denel SOC 7.4: DJI Innovations 7.5: Draganfly 7.6: Northrop Grumman 7.7: Lockheed Martin 7.8: Elbit Systems 7.9: General Dynamics
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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