Commercial drones or commercial unmanned aerial vehicles (UAV) are the small aircraft which are guided by a remote control. They have the ability to fly without direct human intervene. They are used for tasks such as law enforcement search, high altitude imaging, emergency response, flood mapping, photography, petroleum spill monitoring and humanitarian aid. Commercial drones help to reduce the risks of human involvement. They also help to cut down on the expenses and duration of operations. Commercial drones can be used for military use, surveying wildlife, delivering goods and surveying high-risk situations.
The Commercial Drones are classified according to products as fixed wing drones, Rotary blade drones, Nano drones and Hybrid drones. Rotary blade drones have the greatest market share as it is compactable and easy to operate. The commercial drone market is segmented according to the application as Agriculture, Energy Sector, Government, Media and Entertainment and Others. Government applications dominate the market for commercial drones. Increasing applications in security and surveillance, law enforcement, disaster management, R&D activities, infrastructure, and environmental studies have led to increase in demand of commercial drones.
The key drivers for the Commercial Drones market are increasing applications in agriculture and law enforcement. Commercial drones are finding applications across various industries. This is expected to fuel the market for commercial drones. The investments have been made on research and technological advancements of commercial drones which is going to drive the market during the forecast period. The key constraints of this market are stringent government regulations related to safety and security, dearth of air traffic management systems and scarcity of trained pilots. The market expansion is expected for commercial drones due to novel uses in law enforcement operations.
North America is expected to grow rapidly over the forecast period due to concentration of major drone manufacturers and increasing applications of the drones in the commercial sectors. The significant market players for commercial drones are BAE Systems Plc, Hoovy LLC, Precision Hawk, Drone Deploy, 3D Robotics, Turkish Aerospace Industries, Inc., Trimble UAS, Finmeccaniaca SPA, Lockheed Martin Corporation, Aurora Flight Sciences, Boeing Corporation, Thales SA, Northrop Grumman Corporation, Israel Aerospace Industries Ltd. (IAI), Aerovironment Inc., Textron Inc., Sensefly, Elbit Systems, Aeronautics Ltd., Safran SA, Vdos Denel SOC Ltd., Airware Inc. and General Atomic Aeronautical Systems Ltd.
Decision Databases is involved in providing research reports and company profiles in the global commercial drones market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The commercial drones market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our commercial drone’s profiles.
SEGMENTATIONS IN REPORT:
Commercial Drones By Product
1. INTRODUCTION TO THE COMMERCIAL DRONES
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF COMMERCIAL DRONES
4. COMMERCIAL DRONES MARKET ANALYSIS BY PRODUCT
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