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Global Commercial Drone Market to reach USD 55.O8 billion by the end of 2030

Global Commercial Drone Market Size study & Forecast, by Weight (<2 Kg, 2 Kg – 25 kg, 25 Kg – 150 Kg), by Technology (Fully Autonomous, Semi-autonomous, Remote Operated), by System (Hardware, Software), By Application (Filming & Photography, Horticulture and Agriculture, Inspection and Maintenance, Mapping and Surveying, Surveillance & Monitoring, Delivery and Logistics and Others) and Regional Analysis, 2023-2030

Product Code: SSAD-13196295
Publish Date: 20-10-2023
Page: 200

Global Commercial Drone Market is valued at approximately USD 8.77 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 25.82% over the forecast period 2023-2030. A commercial drone, also known as an unmanned aerial vehicle (UAV) or unmanned aircraft system (UAS), is an aircraft that is operated without a human pilot onboard. These drones can be controlled remotely by a human operator or can be pre-programmed to fly autonomously using software and GPS technology. Commercial drones are used for various purposes across different industries and sectors due to their versatility and capabilities. The Commercial Drone market is expanding because of factors such as increased demand for commercial drones in the logistics and transportation sector, rising investments in drone technology and rising industrial applications.

The market is being driven by factors such as rising e-commerce sales across the globe. E-commerce companies are exploring drone delivery options to improve their last-mile logistics and reduce delivery times. This has led to an increased demand for commercial drones in the logistics and transportation sector. TCI Express, an express logistics provider, announced in November 2021 that it would start using drone deliveries in 2022. Following the conclusion of the initial trials of sending urgent/immediate delivery items, including prescription medications, to Ahmedabad. Along with this, In June 2022, Amazon, the world’s largest logistics company, announced that it would start utilizing Prime Air drones to deliver packages in late 2022 in the small Californian hamlet of Lockeford. When it expands, the company intends to incorporate the lessons it learned from the Lockeford test to enhance the services. In addition, Advancement in design and integrated data intelligence and rising government investment in defense and military sector are some factors creating lucrative opportunities for the market growth. For instance, in September 2021, The Indian Ministry of Defense and the Department of Defense of the United States have a contract for an air-launched UAV project. A joint working group air system in the Defense Technology and Trade Initiative initiated the project. The project agreement is a significant development for defense cooperation between the two nations. However, Security and privacy issues and lack of uniform air traffic management stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Commercial Drone Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of product manufacturers, rising adoption of commercial drones, rising government investment in development of drone technology, rising adoption in defense industry and integration of AI and Data intelligence in commercial drone. Whereas, Asia Pacific is projected to registered a significant growth owing to factors such as rising government projects, military budgets, rising adoption of commercial drones in various end use application, and rising collaboration and partnership among market players for product development.

Major market player included in this report are:
AeroVironment, Inc.
Aeryon Labs Inc.
DJI Technology Co., Ltd.
Insitu Inc.
Leptron Unmanned Aircraft Systems, Inc.
Parrot SAS
PrecisionHawk Inc.
Yuneec International Co. Ltd.

Recent Developments in the Market:
Ø In September 2022,, Drone Fund, with headquarters in Japan, made an investment of USD 40 million in drone manufacturing companies in India. To source drone parts locally, the venture investors want to fund and build a complete drone ecosystem in India.
Ø In October 2021, Fixar, a commercial drone manufacturer located in Europe, collaborated with Paras Aerospace, a technology development firm based in India, to join the Indian market. The collaboration focuses on offering solutions for autonomous vertical takeoff unmanned aerial drones that are both cost- and energy-efficient.

Global Commercial Drone Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Weight, Technology, System, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Weight:
<2 Kg
2 Kg – 25 kg
25 Kg – 150 Kg
By Technology:
Fully Autonomous
Remote Operated
By System:
By Application:
Filming & Photography
Horticulture and Agriculture
Inspection and Maintenance
Mapping and Surveying
Surveillance & Monitoring
Delivery and Logistics

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Commercial Drone Market, by Region, 2020-2030 (USD Billion)
1.2.2. Commercial Drone Market, by Weight, 2020-2030 (USD Billion)
1.2.3. Commercial Drone Market, by Technology, 2020-2030 (USD Billion)
1.2.4. Commercial Drone Market, by System, 2020-2030 (USD Billion)
1.2.5. Commercial Drone Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Commercial Drone Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Commercial Drone Market Dynamics
3.1. Commercial Drone Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increased demand for commercial drones in the logistics and transportation sector Rising investments in drone technology Rising industrial applications
3.1.2. Market Challenges Security and privacy issues Lack of uniform air traffic management
3.1.3. Market Opportunities Advancement in design Integration of data intelligence Rising government investment in defence and military
Chapter 4. Global Commercial Drone Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Commercial Drone Market, by Weight
5.1. Market Snapshot
5.2. Global Commercial Drone Market by Weight, Performance – Potential Analysis
5.3. Global Commercial Drone Market Estimates & Forecasts by Weight 2020-2030 (USD Billion)
5.4. Commercial Drone Market, Sub Segment Analysis
5.4.1. <2 Kg
5.4.2. 2 Kg – 25 kg
5.4.3. 25 Kg – 150 Kg
Chapter 6. Global Commercial Drone Market, by Technology
6.1. Market Snapshot
6.2. Global Commercial Drone Market by Technology, Performance – Potential Analysis
6.3. Global Commercial Drone Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Commercial Drone Market, Sub Segment Analysis
6.4.1. Fully Autonomous
6.4.2. Semi-autonomous
6.4.3. Remote Operated
Chapter 7. Global Commercial Drone Market, by System
7.1. Market Snapshot
7.2. Global Commercial Drone Market by System, Performance – Potential Analysis
7.3. Global Commercial Drone Market Estimates & Forecasts by System 2020-2030 (USD Billion)
7.4. Commercial Drone Market, Sub Segment Analysis
7.4.1. Hardware
7.4.2. Software
Chapter 8. Global Commercial Drone Market, by Application
8.1. Market Snapshot
8.2. Global Commercial Drone Market by Application, Performance – Potential Analysis
8.3. Global Commercial Drone Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Commercial Drone Market, Sub Segment Analysis
8.4.1. Filming & Photography
8.4.2. Horticulture and Agriculture
8.4.3. Inspection and Maintenance
8.4.4. Mapping and Surveying
8.4.5. Surveillance & Monitoring
8.4.6. Delivery and Logistics
8.4.7. Others
Chapter 9. Global Commercial Drone Market, Regional Analysis
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Commercial Drone Market, Regional Market Snapshot
9.4. North America Commercial Drone Market
9.4.1. U.S. Commercial Drone Market Weight breakdown estimates & forecasts, 2020-2030 Technology breakdown estimates & forecasts, 2020-2030 System breakdown estimates & forecasts, 2020-2030 Application breakdown estimated & forecasts, 2020-2030
9.4.2. Canada Commercial Drone Market
9.5. Europe Commercial Drone Market Snapshot
9.5.1. U.K. Commercial Drone Market
9.5.2. Germany Commercial Drone Market
9.5.3. France Commercial Drone Market
9.5.4. Spain Commercial Drone Market
9.5.5. Italy Commercial Drone Market
9.5.6. Rest of Europe Commercial Drone Market
9.6. Asia-Pacific Commercial Drone Market Snapshot
9.6.1. China Commercial Drone Market
9.6.2. India Commercial Drone Market
9.6.3. Japan Commercial Drone Market
9.6.4. Australia Commercial Drone Market
9.6.5. South Korea Commercial Drone Market
9.6.6. Rest of Asia Pacific Commercial Drone Market
9.7. Latin America Commercial Drone Market Snapshot
9.7.1. Brazil Commercial Drone Market
9.7.2. Mexico Commercial Drone Market
9.8. Middle East & Africa Commercial Drone Market
9.8.1. Saudi Arabia Commercial Drone Market
9.8.2. South Africa Commercial Drone Market
9.8.3. Rest of Middle East & Africa Commercial Drone Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. AeroVironment, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.3.2. Aeryon Labs Inc.
10.3.3. Delair
10.3.4. DJI Technology Co., Ltd.
10.3.5. Insitu Inc.
10.3.6. Leptron Unmanned Aircraft Systems, Inc.
10.3.7. Parrot SAS
10.3.8. PrecisionHawk Inc.
10.3.9. SKYDIO
10.3.10. Yuneec International Co. Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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