Allen Bond

Commercial Drones Market : Key Trends and Forecast Research Report 2017 to 2023

Press Release   •   Jan 08, 2018 13:41 IST

The report on Commercial Drones by Infinium Global Research analyses the Commercial Drones Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Commercial Drones Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Commercial Drones Market.

Global Commercial Drones market size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between 16% and 17% over the period of 2017 – 2023.

Commercial drone is an unmanned aircraft system which is utilized for carrying out complex commercial operations for businesses and governments. Various components can be attached to the drones for carrying out specific tasks. Commercial drones can carry higher payload, fly for longer period, and they have advanced flight controllers and sensors. As it can be easily controlled from remote locations and reach normally inaccessible locations, it find applications such as high altitude mapping, land surveying, media coverage, movie production, precision agriculture, real estate exploration, retail delivery, search & rescue operations, law enforcement surveillance and industrial surveillance among others. Unlike the conventional delivery vehicles, commercial drones require less energy and it can provide last mile connectivity. The FAA and other international regulations for commercial drones in terms of registration and operations are opening up the sector for more commercial applications. Commercial drones with a weight of less than 55 pounds, remotely controlled by a licensed drone operator within visual limits, are allowed to operate up to an altitude of 400 meters. However, this rule is not applicable for autonomously operating drones.

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DJI Innovations and Parrot SA command huge share in the global commercial drones market. Huge investments in research & development, product innovation, acquisitions & mergers characterize the global commercial drones market.

Segments Covered

The report covers the analysis of global as well as regional markets of Commercial Drones Market. Moreover, the global Commercial Drones Market is segmented by application and by drone type. The global commercial drones market by application coversaerial photography, energy and infrastructure, entertainment & media, forest fire monitoring, high altitude imaging,mapping, natural hazards monitoring, precision agriculture, retail delivery, surveillance & inspection and some others.On the basis of drone type, the market is segmented as fixed wing, hybrid, multi-rotor, single rotor, nano and some others.

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Company profiles

  • AeroVironment Inc
  • Aurora Flight Sciences
  • BAE Systems Plc
  • DJI Innovations
  • Draganfly
  • Elbit Systems Ltd
  • Israel Aerospace Industries
  • Lockheed Martin Corporation
  • Northrop Grumman
  • Parrot SA
  • 3D Robotics Inc
  • Textron Inc
  • The Boeing Company

Key topics covered:

1. Preface

2. Executive summary3. Global Commercial Drones Market Overview

4. IGR- Snapshots

5. Global Commercial Drones Market Analysis, By Application (USD million) 2017 – 2023

6. Global Commercial Drones Market analysis, by Drone Type (USD million)2017 – 2023

7. Global Commercial Drones Market analysis, Regional Analysis (USD million) 2017 – 2023

8. Company profiles

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