Commercial Drone Market to Witness Mounting Growth in Approaching Time

May 11, 2022

May 11^TH,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Commercial Drone market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Commercial Drone market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Commercial Drone market is no different. Derived from the previous market scenario, the Commercial Drone Market is likely to witness a CAGR of 58% during the forecast period. Major factors driving the growth of the market are widespread adoption of drones for commercial applications and relative technology developments

Key Players:

• Aeronavics Ltd.
• AeroVironment Inc.
• Autel Robotics
•  DJI
•  Draganfly Innovations Inc.
• EHang, Inc.
•  Intel Corporation
•  Parrot Drones SAS
•  PrecisionHawk Inc.
•  YUNEEC

The Commercial Drone marketis segmented by–

• By Product Type (Fixed Wing Drone, Rotary Blade Drone, and Hybrid Drone)

 

• By Application Type (Filming & Photography, Inspection & Maintenance, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring, and Others)

 

• By End-Use Type (Agriculture, Delivery & Logistics, Energy, Media & Entertainment, Real Estate & Construction, Security & Law Enforcement, and Others)

 

• By Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2588/Commercial-Drone-Market.html#form

Regional analysis:

In terms of regions, Asia-Pacific is expected to register the fastest growth in the commercial drone market during the forecast period. The regional demand for commercial drones is estimated to exceed 9 million units by 2028, surpassing North America. The regional market growth is expected to be supported by a favorable regulatory landscape, especially among the developed nations. The growth of the market is further driven by several governments working incessantly on formulating new regulations for the commercial applications of drones.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Direct: +1-313-307-4176

 

Author : Emily