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 sales@techsciresearch.com