The Global Drone Service Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Drone Service industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Drone Service market along with crucial statistical data about the Drone Service market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The global drone service market size was USD 9.60 Billion in 2021 and is expected to register a revenue CAGR of 46.8%, during the forecast period, according to the latest analysis by Emergen Research. Rising demand for drone services for geographical surveillance and time-efficient delivery services, is a major factor driving global drone service market revenue growth. In addition, increasing demand for aerial photography & videography is another factor driving revenue growth of the market. Moreover, rising demand for cost-efficient industrial solutions and increase in need for affordable, easy implementation and high-value-added customized systems for distinct requirements are driving market revenue growth. Drones manufacturers are producing customized drones for various purposes such as warehouse management, capturing, aerial imagery analyzation, logistics, oil & gas, and others. Furthermore, high-quality data is required by companies in agricultural, construction, mining, and other sectors, hence satellites and helicopters were the only sources to rely on to collect photogrammetric and geospatial data to continue business operations. Drones contain high technology image processing software and Global Positioning System (GPS) system, which helps to capture detailed information and high-quality image at a very low height. However, incorporation of new technologies is increasing demand for drone services.
The current COVID-19 pandemic is expected to have an effect on the growth of the Drone Service industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Drone Service sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Drone Service industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Drone Service market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Drone Service market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Drone Service market.
The report covers the following chapters:
- Impact of COVID-19 - This section describes the impact of COVID-19 on the Drone Service market.
- Global Market Size and Growth - This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
- Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
- Global Macro Comparison - The global Drone Service market comparison with macro-economic factors gives the Drone Service market size, percentage of GDP, and average Drone Service market expenditure.
- Supply Chain - The supply chain section of the report defines and explains the key players in the Drone Service industry supply chain.
- Product/Service Analysis - The product/service analysis section of the report describes the leading products/services in the Drone Service market along with key features and differentiators for those products/services.
- Customer Information - This chapter covers recent customers’ trends/preferences in the global Drone Service market.
- Trends and Strategies - This chapter describes the major trends shaping the global Drone Service market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Aerodyne Group, AgEagle Aerial Systems Inc., CYBERHAWK, Matternet, Phoenix Drone Services LLC, Terra Drone Corporation, SenseFly, DroneDeploy, Precision Hawk, Sky Futures, Unmanned Experts Inc., and Agribotix LLC
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Drone Service Market Segmentation:
-
Type Outlook (Revenue, USD Billion; 2019–2030)
- Platform Service
- Training and Education
- Maintenance Repair Overhaul
- Others
-
Duration Outlook (Revenue, USD Billion; 2019–2030)
- Short Duration Service
- Long Duration Service
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Remote Sensing and Monitoring
- Aerial Photography and Filming
- Mapping and Surveying
- Spraying and Seeding
- Transport and Delivery
- Security, Search, and Rescue
- Medical Aids
- Others
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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