Market Overview

The global Commercial Drone market expected to reach $XX billion by 2026, at a CAGR of over 14% during the forecast period. Commercial Drone are finding large application in the various fields from road traffic surveillance to the delivery of products through aerial services.

Commercial Market

**Source: DataM Intelligence Analysis (2019)

 

An unmanned aircraft or ship that can navigate autonomously, without human control or beyond the line of sight. A drone is made from different light composite materials to increase maneuverability while flying and reduce weight. It can be equipped with a variety of additional equipment, including cameras, GPS guided missiles, Global Positioning Systems (GPS), navigation systems, sensors, and so on.

The report covers all the major trends and drivers playing a vital role in the growth of the global Commercial Drone market. The global Commercial Drone market has been segmented based on Region, Product, and End-Use.

Global Commercial Drone Market Value (USD Mn), 2018-2026

Market Dynamics

The global Commercial Drone market growth is primarily driven by the rising use of drones in a variety of commercial services. With the advancement in the technology the rise in the technology for the development of the advanced drone has been undertaken with the use of AI. Most of the countries are investing or have developed drones with advanced features and technology for various servicing. For instance, in 2018, Skydio, an autonomous drone startup based out of Redwood City, California, unveiled a product today that it’s been working on for four years. The R1, as it’s called, is an artificial intelligence-powered quadcopter capable of shooting 4K video of a subject and maneuvering complex environments all on its own. Using industry advancements in AI to help train a custom computer vision system, Skydio developed a product that’s effectively the first professional-grade drone that can be flown without any expertise.

However, the stringent regulations by the government and the adoption of the aerial images from the satellite are some of the factors that will hinder the growth of the Commercial Drone market for the forecast period.

Market Segmentation

By Product, the global Commercial Drone market is segmented into Fixed-Wing, Rotary Blade, and Hybrid. Rotary Blade has the dominant position in the Commercial Drone Product segment and is expected to retain its dominance in the forecasted period as they can land and take off from a confined place and have no special requirement to operate. However, the fixed-wing rotary blade can fly high has great application in topographic surveys, aerial mapping, and terrain modeling. Also, the market for the fixed-wing rotary blade market will grow with a higher CAGR in the forecast period.

Global Commercial Drone Market , By Technology, 2018, (% Share)

By End-Use, the global Commercial Drone market is segmented into Agriculture, Delivery & Logistics, Energy, Media & Entertainment, Real Estate & Construction, Security & Surveillance, and Others. Real Estate & Construction has the dominant share in the End-Use segment and is expected to retain its dominance in the forecast period. However, the rise in the E-commerce industry the Delivery & Logistics services by drone will be driven with the higher CAGR for the forecast period.

Regional Analysis

By geography, the global Commercial Drone Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

North America holds the largest market share for Commercial Drone Market, a due to increasing demand for the use of Commercial Drone in all the various sectors such as agriculture, media & entertainment, and others. With the growing demand there are huge investment in the region for the development of the drones. For instance, California-based Joby Aviation says it has secured $100 million in Series B financing to take its all-electric passenger aircraft into pre-production and regulatory certification. Intel Capital led the investment round, which also includes Singapore-based EDBI, JetBlue Technology Ventures, Toyota AI Ventures, Allen & Company AME Cloud Ventures, Ron Conway, Capricorn Investment Group, 8VC, Sky Dayton and Paul Sciarra. Joby also revealed a previously unsecured Series A round, led by Capricorn in 2016, which brings total funding to $130 million.

Europe is after North America in terms of market share in the global Commercial Drone market, due to favorable regulations by the government. With the growing use of the drone in the construction and the agriculture area will drive the market for the commercial drones in the forecast period.

Asia-Pacific will be growing with the highest CAGR for the commercial drones in the next few years. China is the major contributor to the Asia-Pacific market. The drone industry is characterized and driven by one company: Da-Jiang Innovations (DJI), China. DJI has over 70% of the global market share for the consumer drone industry, with revenue of $2.7 billion in 2017. No Western-based company can compete with the complete supply chain integration, manufacturing pipeline, innovative pace and logistics support that defines the Shenzhen-based company. This provides immense and clear competitive advantages.

Global Commercial Drone Market, by Region, 2018, (% Share)

Competitive Analysis

Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Global Commercial Drone Market is a fragmented market with the presence of various global and regional players in the market. The major players include SZ Dajiang Innovations Technology Co. Ltd, 3D Robotics Inc., AeroVironment Inc., Parrot S.A., and Yuneec International Co. Ltd. Other key players in the market include General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp., Boeing, and China Aerospace Science & Technology Corporation.  

In October 2018, Leading Israeli automated drone startup Airobotics today announced a $30M Series D round of funding bringing its total capital raised to $101M.  Pavilion Capital is leading the round, joining a list of prominent investors, including BlueRun Ventures, Charles River Ventures and OurCrowd, as well as additional private investors. The new round of funding will be used to further scale Airobotics operations in the United States and Australia.  Airobotics recently launched its North American headquarters in Scottsdale, Arizona, where the company will run all North America, South America, and Central America operations. The Scottsdale office will become the company’s global headquarters as Airobotics continues to scale.  The funding will also be used to continue servicing the mining industry and other industrial facilities globally.

In January 2018, Commercial drone company PrecisionHawk has raised $75 million in a round of funding led by Third Point Ventures, with participation from a number of other investors, including Intel Capital, Comcast Ventures, Verizon Ventures, NTT Docomo Ventures, Senator Ventures, Yamaha Motor, Constellation Technology Ventures, and Syngenta Ventures, the VC arm of agricultural giant Syngenta.

Compitative Landscape

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**The global Commercial Drone market report would provide access to an approx., 78 market data table, 65 figures, and 150 pages.

 

  1. Commercial Drone Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Commercial Drone Market– Market Definition and Overview

  3. Commercial Drone Market– Executive Summary

    1. Market Snippet by Product
    2. Market Snippet by End-Use
    3. Market Snippet by Region
  4. Commercial Drone Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Growing adoption of smartphones, rising demand for aerial services
      2. Restraints
        1. Stringent government regulations  
    2. Impact Analysis
    3. Opportunities
  5. Commercial Drone Market– Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
  6. Commercial Drone Market– By Product

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      2. Market Attractiveness Index, By Product
    2. Fixed-Wing*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Rotary Blade
    4. Hybrid
  7. Commercial Drone Market– By End-Use

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      2. Market Attractiveness Index, By End-Use
    2. Agriculture*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Delivery & Logistics
    4. Energy
    5. Media & Entertainment
    6. Real Estate & Construction
    7. Security & Surveillance
    8. Others
  8. Commercial Drone Market– By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Use
  9. Commercial Drone Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  10. Global Commercial Drone Market – Company Profiles

    1. SZ Dajiang Innovations Technology Co. Ltd*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. 3D Robotics Inc.
    3. AeroVironment Inc.
    4. Parrot S.A.
    5. Yuneec International Co. Ltd
    6. General Atomics
    7. Lockheed Martin Corporation
    8. Northrop Grumman Corp.
    9. Boeing
    10. China Aerospace Science & Technology Corporation (**List not exhaustive)
  11. Global Commercial Drone Market– Premium Insights

  12. Global Commercial Drone Market– DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables
Table 1 Global Commercial Drone Market Value, By Product, 2018,2022 & 2026 ($ Million)
Table 2 Global Commercial Drone Market Value, By End-Use, 2018,2022 & 2026 ($ Million)
Table 3 Global Commercial Drone Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 4 Global Commercial Drone Market Value, By Product, 2018,2022 & 2026 ($ Million)
Table 5 Global Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 6 Global Commercial Drone Market Value, By End-Use, 2018,2022 & 2026 ($ Million)
Table 7 Global Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 8 Global Commercial Drone Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 9 Global Commercial Drone Market Value, By Region, 2017-2026 ($ Million)
Table 10 North America Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 11 North America Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 12 North America Commercial Drone Market Value, By Country, 2017-2026 ($ Million)
Table 13 South America Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 14 South America Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 15 South America Commercial Drone Market Value, By Country, 2017-2026 ($ Million)
Table 16 Europe Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 17 Europe Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 18 Europe Commercial Drone Market Value, By Country, 2017-2026 ($ Million)
Table 19 Asia-Pacific Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 20 Asia-Pacific Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 21 Asia-Pacific Commercial Drone Market Value, By Country, 2017-2026 ($ Million)
Table 22 Middle East & Africa Commercial Drone Market Value, By Product, 2017-2026 ($ Million)
Table 23 Middle East & Africa Commercial Drone Market Value, By End-Use, 2017-2026 ($ Million)
Table 24 SZ Dajiang Innovations Technology Co. Ltd: Overview
Table 25 SZ Dajiang Innovations Technology Co. Ltd: Product Portfolio
Table 26 SZ Dajiang Innovations Technology Co. Ltd: Key Developments
Table 27 3D Robotics Inc.: Overview
Table 28 3D Robotics Inc.: Product Portfolio
Table 29 3D Robotics Inc.: Key Developments
Table 30 AeroVironment Inc.: Overview
Table 31 AeroVironment Inc.: Product Portfolio
Table 32 AeroVironment Inc.: Key Developments
Table 33 Parrot S.A.: Overview
Table 34 Parrot S.A.: Product Portfolio
Table 35 Parrot S.A.: Key Developments
Table 36 Yuneec International Co. Ltd: Overview
Table 37 Yuneec International Co. Ltd: Product Portfolio
Table 38 Yuneec International Co. Ltd: Key Developments
Table 39 General Atomics: Overview
Table 40 General Atomics: Product Portfolio
Table 41 General Atomics: Key Developments
Table 42 Lockheed Martin Corporation: Overview
Table 43 Lockheed Martin Corporation: Product Portfolio
Table 44 Lockheed Martin Corporation: Key Developments
Table 45 Northrop Grumman Corp.: Overview
Table 46 Northrop Grumman Corp.: Product Portfolio
Table 47 Northrop Grumman Corp.: Key Developments
Table 48 Boeing: Overview
Table 49 Boeing: Product Portfolio
Table 50 Boeing: Key Developments
Table 51 China Aerospace Science & Technology Corporation: Overview
Table 52 China Aerospace Science & Technology Corporation: Product Portfolio
Table 53 China Aerospace Science & Technology Corporation: Key Developments
 
List of Figures
Figure 1 Global Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 2 Global Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 3 Global Commercial Drone Market Share, By Region, 2018 & 2026 (%)
Figure 4 Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 5 Global Commercial Drone Market Y-o-Y Growth, By Product, 2018-2026 (%)
Figure 6 Fixed-Wing: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 7 Rotary Blade: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 8 Hybrid: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 9 Global Commercial Drone Market Y-o-Y Growth, By End-Use, 2018-2026 (%)
Figure 10 Agriculture: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 11 Delivery & Logistics: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 12 Energy: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 13 Media & Entertainment: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 14 Real Estate & Construction: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 15 Security & Surveillance: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 16 Others: Global Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 17 Global Commercial Drone Market Y-o-Y Growth, By Region, 2018-2026 (%)
Figure 18 North America Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 19 North America Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 20 North America Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 21 North America Commercial Drone Market Share, By Country, 2018 & 2026 (%)
Figure 22 South America Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 23 South America Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 24 South America Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 25 South America Commercial Drone Market Share, By Country, 2018 & 2026 (%)
Figure 26 Europe Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 27 Europe Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 28 Europe Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 29 Europe Commercial Drone Market Share, By Country, 2018 & 2026 (%)
Figure 30 Asia-Pacific Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 31 Asia-Pacific Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 32 Asia-Pacific Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 33 Asia-Pacific Commercial Drone Market Share, By Country, 2018 & 2026 (%)
Figure 34 Middle East & Africa Commercial Drone Market Value, 2017-2026 ($ Million)
Figure 35 Middle East & Africa Commercial Drone Market Share, By Product, 2018 & 2026 (%)
Figure 36 Middle East & Africa Commercial Drone Market Share, By End-Use, 2018 & 2026 (%)
Figure 37 SZ Dajiang Innovations Technology Co. Ltd: Financials
Figure 38 3D Robotics Inc.: Financials
Figure 39 AeroVironment Inc.: Financials
Figure 40 Parrot S.A.: Financials
Figure 41 Yuneec International Co. Ltd: Financials
Figure 42 General Atomics: Financials
Figure 43 Lockheed Martin Corporation: Financials
Figure 44 Northrop Grumman Corp.: Financials
Figure 45 Boeing: Financials
Figure 46 China Aerospace Science & Technology Corporation: Financials
 

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