Commercial Drone Market - Regional Outlook, Competitive Analysis, Application and Forecasts To 2027 - PowerPoint PPT Presentation

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Commercial Drone Market - Regional Outlook, Competitive Analysis, Application and Forecasts To 2027

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Title: Commercial Drone Market - Regional Outlook, Competitive Analysis, Application and Forecasts To 2027


1
Commercial Drone Market - Growth Statistics,
Trends Analysis, Revenue and Forecast to 2027
  • Growing urge to deploy highly advanced
    technologies in numerous industry verticals,
    especially in mining, construction, agriculture,
    has impelled the commercial application of
    drones. Besides, increasing technology
    investments and growing digitization in multiple
    business sectors is further fueling the product
    adoption. With the significant rise in the
    product demand, commercial drone market is
    anticipated to observe a commendable growth by
    recording more than USD billion revenue by 2027,
    quoted the latest report by Global Market
    Insights, Inc.
  • The heightened product adoption is compelling
    various industry players to develop advanced
    drone technology that can cater to the consumer
    demands effectively. To illustrate, in 2021,
    FlyNex GmbH announced collaboration with KSI Data
    Sciences to integrate technologies in the drone
    that can facilitate real-time data transfer
    including video. Reportedly, the companies have
    integrated the FlyNex Enterprise Suite with the
    latters MissionKeeper platform.

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2
  • Quoting yet another instance, in 2020, the U.S.
    drone maker Skydio introduced a new X2 series of
    drones designed for government and enterprise
    customers. The company is also known to have
    raised USD 100 million in Series C funding to
    expedite the product development and expand its
    footprint into enterprise and public sector
    markets.
  • Commercial drones find wide application in remote
    sensing mapping applications. This in turn
    makes these drones useful in agriculture sector
    as they can be utilized for monitoring the
    vegetation and nurture the farms. They offer
    appropriate information pertaining to crop damage
    assessments which allow farmers to make better
    decisions leading to effective crop management.
  • Rising interest in technological solutions that
    can improve the efficiency across various sectors
    like agriculture, mining, construction, etc. has
    fostered the demand of commercial drones. On the
    other hand, consistent efforts by the
    manufacturers to develop more innovative
    solutions is also favoring their adoption,
    supporting the industry progression.
  • Fixed wing drones are gaining massive traction in
    market owing to their simple structure. Their
    simple structure ensures that they are relatively
    more efficient in aerodynamics, which offers
    advantage of long flight durations at high
    speeds. Growing necessity across enterprises to
    make data-driven decisions in monitoring,
    inspection, remote sensing and mapping is fueling
    product demand to a large extent.

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Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/1
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4
  • Regional Analysis
  • Regionally, the industry is observing strong
    growth in Europe on account of increasing
    adoption of advanced technologies. The regional
    commercial drone market is expected to capture a
    sizeable share of 10 by 2027 with growing
    interest in experimenting and testing the
    potential uses of commercial drones among the EU
    nations. Various regional enterprises are now
    focusing on developing innovative drone
    technologies while undertaking strategic
    initiatives to strengthen their market position.
  • Competitive Analysis
  • Some of the key players operating in the market
    are 3D Robotics, AeroEnvironment Inc., Airobotics
    Ltd., BAE Systems, Cyberhawk, Delair, DJI,
    DroneDeploy, Ehang Inc., Guangzhou Jifei
    Technology Co., Ltd., Hoverfly Technologies,
    Inc., Intel Corporation, Kespry, Parrot SA,
    PrecisionHawk, Prime Air (Amazon.com, Inc.),
    senseFly, Walkera Technology Co., Ltd., Xiaomi
    Inc., and Yuneec International.

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Rights Reserved
www.gminsights.com
5
Latest Research Report On Commercial Drone Market
_at_ https//www.gminsights.com/industry-analysis/unm
anned-aerial-vehicles-UAV-commercial-drone-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
115
Request for customization https//www.gminsights
.com/roc/115
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Rights Reserved
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Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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Rights Reserved
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