Report Description

Global Drones Market By Type (VTOL/Rotary, Fixed Wing, etc), By Segment (Consumer, Commercial & Military), By Application (Aerial Photography, Agriculture, Industrial Inspection, etc), By Payload, By Region, Competition Forecast & Opportunities, 2023

  • Publish Date:October, 2018
  • Format : PDF
  • Pages : 263
  • Industry : Automotive

Global drones market stood at over $ 69 billion in 2017 and is projected to grow at a CAGR of more than 11% to surpass $ 141 billion by 2023, on the back of increasing use of drones in commercial and military applications as well as in surveillance activities. Moreover, technological advancements in commercial drones and rising use of drones for aerial remote sensing is further fuelling growth in the drone market, globally. Additionally, formulation of regulatory policies for optimal utilization of drones along with increasing awareness about UAVs is further expected to positively influence global drones market in the coming years.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study:

  • To analyze and forecast the market size drones market globally .
  • To classify and forecast the global drones market based on segment, type, application, payload, region and company.
  • To identify drivers and challenges for the global drones market.
  • To conduct the pricing analysis for drone market across the globe.
  • To identify and analyze the profile of leading players in the global drones market.

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Some of the top players in global drones market include SZ Dajiang Innovations Technology Co., Ltd, 3D Robotics, Inc., AeroVironment, Inc., Parrot S.A., Yuneec International Co. Ltd, General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp., Boeing, and China Aerospace Science and Technology Corporation.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of drone manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers, which could not be identified due to the limitations of secondary research. TechSci Research analyzed services offerings, distribution channels, and regional presence of all the major drone manufacturers across the globe.

TechSci Research calculated the market size for global drones market using a bottom-up technique, wherein global drone fleet data, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical fleet data of respective drone manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as company websites, published articles, Economic Intelligence Unit (EIU), company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Drone manufacturers, distributors and other stakeholders
  • Associations, organizations, forums and alliances related to drones
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as drone manufacturers, distributors & dealers, major customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global drones market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Type:
    • VTOL/Rotary
    • Fixed Wing
    • TUAV
    • MALE
    • HALE
    • Others
  • Market, by Segment:
    • Commercial
    • Consumer
    • Military
  • Market, by Application:
    • Aerial Photography
    • Agriculture
    • Media
    • Industrial Inspection
    • Government
    • Insurance
    • Others
  • Market, by Payload:
    • <25 Kg
    • 25-150Kg
    • 150-600Kg
    • >600Kg
  • Market, by Region:
    • North America
    • Asia-Pacific
    • Europe & CIS
    • Middle East & Africa
    • South America
  • Market, by Company:
    • SZ Dajiang Innovations Technology Co., Ltd
    • 3D Robotics, Inc.
    • Yuneec International Co. Ltd
    • Parrot S.A.
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global drones market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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