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Smart Commercial Drones Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Smart Commercial Drones Market size is expected to reach USD 20.31 billion by 2030, growing at a CAGR of 55.6% during 2020-2030.
Smart Commercial Drones Market Overview
A drone is an unmanned aircraft, also known as an unmanned aerial vehicle (UAV), used for everything from military operations to package deliveries. Drones can be as big as an airplane or as small as the palm of your hand. Smart commercial drones have efficient motors, better onboard processors and software, precise sensors and built-in compliance technology to provide safe and efficient flight control for transportation and logistics. Smart commercial drones are equipped with artificial intelligence (AI) and machine learning (ML) to better understand their surroundings, accurately map areas, track and monitor specific objects, and analyze feedback. In addition, intelligent commercial drones have real-time, data-driven decision-making capabilities that can provide rapid capture, processing, and transmission of data. They have predictive learning models and perform fast data analysis. Smart commercial drones equipped with high-speed internet to communicate in demanding environments for operations such as media sharing, command, control, and autonomous flight
The Smart Commercial Drones Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Smart Commercial Drones market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: DJI, Parrot, 3D Robotics, AscTec, XAIRCRAFT, Zero Tech, AeroVironment, Yamaha, Draganflye and others., and others.
Industry Development:
- In October 2021, DragonFlyPads entered into a partnership with Unifly to enable the use of drones in last-mile deliveries. The collaboration is expected to increase the use of drones in the delivery and logistics platform of the Rungis International Market, the main market in Paris, France, mainly for food and horticultural products.
What are the major Applications, Types, and Regions for the Smart Commercial Drones Market?
By Type
- Fixed Wing
- Rotary
- Hybrid
By Mode of Operation
- Remotely Operated
- Semi-Autonomous
- Autonomous
By Application
- Agriculture and Environment
- Media and Entertainment
- Energy
- Government
- Construction
- Others
Smart Commercial Drones Market Regional Insights:
The North American market will hold the highest revenue share in 2020 owing to the increasing use of smart drones in applications such as traffic management, crime scene investigation, hobbyist applications, interference analysis, and multimedia applications. In addition, continuous R&D and product innovations by key market players in countries in the region are also factors driving the segment’s revenue growth.
The Asia Pacific market is expected to witness a significant increase in revenue growth rate over the forecast period owing to the increasing use of smart commercial drones in the e-commerce sector. Rapid technological advancements and product innovations by manufacturers have led to the development and easy availability of cost-effective lightweight smart UAVs by countries in the region. Moreover, increasing construction activities in China and India are driving the growth of the market in the region. Increased investment by major commercial drone suppliers in India is expected to further drive revenue growth in this segment.
Geographically, the global Smart Commercial Drones market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Smart Commercial Drones Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 55.6% from 2022 to 2030. |
By Type |
|
By Mode of Operation |
|
By Application |
|
By Companies |
DJI, Parrot, 3D Robotics, AscTec, XAIRCRAFT, Zero Tech, AeroVironment, Yamaha, Draganflye and others. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Smart Commercial Drones market:
What is the CAGR of the global Smart Commercial Drones market?
The Smart Commercial Drones Market is growing at a CAGR of 55.6% during the forecast period.
Which region would offer high growth for vendors in the Smart Commercial Drones market?
Asia Pacific market is expected to witness a significant increase in revenue growth rate over the forecast period
Which Is the Most potential market segment?
By Type
- Fixed Wing
- Rotary
- Hybrid
By Mode of Operation
- Remotely Operated
- Semi-Autonomous
- Autonomous
Which are the top industry players in the Smart Commercial Drones market?
DJI, Parrot, 3D Robotics, AscTec, XAIRCRAFT, Zero Tech, AeroVironment, Yamaha, Draganflye and others.
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