Global UAV Commercial Drone Market

Global UAV Commercial Drone Market by Classes (Small UAVs, Tactical UAVs, and Strategic UAVs), Technology (Remotely Operated, Semi-autonomous, and Fully-autonomous), Systems (UAV Airframe, UAV Payloads, UAV Avionics, UAV Propulsion, and UAV Software), Applications (Military, Commercial, and Recreational), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: EP-3135
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 202
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global UAV commercial drone market is expected to expand at a robust CAGR during the forecasted period of 2021-2028. UAVs are well-equipped with high-level computers and advanced technology that help the vehicle fly without any men onboard. The UAV commercial drones are operated remotely using several computerized controlled panels from ground-based staffs and are primarily used for various commercial purposes such as transport or delivery. These drones are further employed for other business operations to ensure effective and efficient production along with security navigation of their production units.

Global UAV Commercial Drone Market summary

Market Trends, Drivers, Restraints, and Opportunities

  • High demand for the UAVs commercial drones due to the wide update of innovative technology and increasing adoption in various domains including recreational present key drivers of the market.
  • Wide adoption of UAVs for surveillance due to an increase in the incidence of enemy trespassing and border crossing are, thus, fueling the market.
  • Rising awareness among business organizations about wide applications across industries such as construction, mining, oil & gas, and agriculture acts as a major driver of the market.
  • Stringent government regulations against the use of airspace to avoid accidental damages and lack of uniform regulations among countries are major challenges that can impede the market growth.

Scope of the Report:

The report of the global UAV commercial drone market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

UAV Commercial Drone Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Classes (Small UAVs, Tactical UAVs, and Strategic UAVs), Technology (Remotely Operated, Semi-autonomous, and Fully-autonomous), Systems (UAV Airframe, UAV Payloads, UAV Avionics, UAV Propulsion, and UAV Software), Applications (Military, Commercial, and Recreational)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

DJI, Parrot, Yuneec, 3D Robotics, GoPro, Holy Stone, Autel Robotics, Sense Fly, Kesper Drone, and Hexagon

Global UAV Commercial Drone Market Segment Insight

Small UAV segment to grow rapidly

Based on classes, the market is segmented into small UAVs, strategic UAVs, tactical UAVs, and special purpose UAVs. The small UAVs is projected to grow rapidly in the coming years as these types of drones are mostly adopted for several commercial applications across industries. They are generally used for security, monitoring, and surveillance purposes of various production units of companies. High usage of small UAVs for commercial applications such as agriculture, mapping, surveying, and logistics around the globe is a key driver of the segment growth.

Remotely operated and fully autonomous segment to hold large market share

In terms of technology, the global UAV commercial drone market is segregated into remotely operated, semi-autonomous, and fully-autonomous. The remotely operated and fully-autonomous segments are estimated to hold large market share in the coming years. Fully autonomous UAVs involve command delivery systems and flight planning systems, which are programmed with a flight route and range chosen before the procedure. It is fully controlled by the UAVs without an outside command from the ground operator. These are mission-based high payload UAVs designed for particular operations. On the other hand, the remotely operated UAVs are operated for several application of low range areas such as agriculture, forest monitoring, and aerial mapping using the remotely operated technology.

Global UAV Commercial Drone Market technology

Avionics segment to expand at a robust CAGR

On the basis of systems, the market is fragmented into UAV airframe, UAV payloads, UAV avionics, UAV propulsion, and UAV software. The UAV avionics segment is expected to expand at a robust CAGR during the forecast period owing to the implementation of a modern electronics system, path control, and automated flight management system. Many companies are aiming on enhancing their navigation systems based on the global navigation satellite system (GNSS) to increase the flight efficiency. This development leads to improve detection of targeted objects and facilitate efficient flight control operations, as these software systems offer precise and fully operational real-time, airspeed, and altitude detection.

Military segment to hold significant market share

In terms of applications, the UAV commercial drone market is classified as military, commercial, and recreational. The military segment is anticipated to hold a significant share of the market due to the increase in the demand for tactical UAVs and strategic UAVs for military application. Numerous countries have increased their purchase of special purpose UAVs such as medium altitude long endurance (MALE) UAVs and high-altitude long endurance (HALE) UAVs for various missions. This, in turn, drives the military segment.

Global UAV Commercial Drone Market applications

North America to account for significant market share

In terms of regions, the global UAV commercial drone market is divided into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America accounted for a dominant share of the global market in 2020, followed by Europe, due to wide investment in UAVs technology among major economies of the regions. Increasing use of drones in infrastructure surveys, aerial mapping, forest monitoring, and other military applications especially in the US are key aspects of the market growth of the regions. The market in Europe is anticipated to grow significantly due to increasing demand for UAV cameras, software, avionics, and navigation systems and the presence of key technology companies, such as Parrot Drones and Delair in the region.

Global UAV Commercial Drone Market region

Segments

By Classes

  • Small UAVs
  • Tactical UAVs
  • Strategic UAVs

 By Technology

  • Remotely Operated
  • Semi-autonomous
  • Fully-autonomous

By Systems

  • UAV Airframe
  • UAV Payloads
  • UAV Avionics
  • UAV Propulsion
  • UAV Software

 By Applications

  • Military
  • Commercial
  • Recreational

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • DJI
  • Parrot
  • Yuneec
  • 3D Robotics
  • GoPro
  • Holy Stone
  • Autel Robotics
  • Sense Fly
  • Kesper Drone
  • Hexagon

 

Competitive Landscape

Key players competing in the global UAV commercial drone market are DJI, Parrot, Yuneec, 3D Robotics, GoPro, Holy Stone, Autel Robotics, Sense Fly, Kesper Drone, and Hexagon. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global UAV Commercial Drone Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. UAV Commercial Drone Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. UAV Commercial Drone Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. UAV Commercial Drone Market - Supply Chain
  4.5. Global UAV Commercial Drone Market Forecast
     4.5.1. UAV Commercial Drone Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. UAV Commercial Drone Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. UAV Commercial Drone Market Absolute $ Opportunity
5. Global UAV Commercial Drone Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. UAV Commercial Drone Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global UAV Commercial Drone Demand Share Forecast, 2019-2026
6. North America UAV Commercial Drone Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America UAV Commercial Drone Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America UAV Commercial Drone Demand Share Forecast, 2019-2026
7. Latin America UAV Commercial Drone Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America UAV Commercial Drone Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America UAV Commercial Drone Demand Share Forecast, 2019-2026
8. Europe UAV Commercial Drone Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe UAV Commercial Drone Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe UAV Commercial Drone Demand Share Forecast, 2019-2026
9. Asia Pacific UAV Commercial Drone Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific UAV Commercial Drone Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific UAV Commercial Drone Demand Share Forecast, 2019-2026
10. Middle East & Africa UAV Commercial Drone Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa UAV Commercial Drone Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa UAV Commercial Drone Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global UAV Commercial Drone Market: Market Share Analysis
  11.2. UAV Commercial Drone Distributors and Customers
  11.3. UAV Commercial Drone Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. DJI
     11.4.2. Parrot
     11.4.3. Yuneec
     11.4.4. 3D Robotics
     11.4.5. GoPro
     11.4.6. Holy Stone
     11.4.7. Autel Robotics
     11.4.8. Sense Fly

By Classes

  • Small UAVs
  • Tactical UAVs
  • Strategic UAVs

 By Technology

  • Remotely Operated
  • Semi-autonomous
  • Fully-autonomous

By Systems

  • UAV Airframe
  • UAV Payloads
  • UAV Avionics
  • UAV Propulsion
  • UAV Software

 By Applications

  • Military
  • Commercial
  • Recreational

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • DJI
  • Parrot
  • Yuneec
  • 3D Robotics
  • GoPro
  • Holy Stone
  • Autel Robotics
  • Sense Fly
  • Kesper Drone
  • Hexagon

 

Key players competing in the global UAV commercial drone market are DJI, Parrot, Yuneec, 3D Robotics, GoPro, Holy Stone, Autel Robotics, Sense Fly, Kesper Drone, and Hexagon. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global UAV Commercial Drone Market keyplayers

Buy Report