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How big is the drones market?
How big is the commercial drone market in 2022?
How big is the drones market in 2024?
What is the global drone market based on?
How is the drones market segmented?
How will the North America commercial drone market grow over the forecast period?
The global drone market size was estimated at USD 64.32 billion in 2023 and is projected to grow at a CAGR of 14.5% from 2024 to 2030.
- Commercial Drone Market Size, Share & Growth Report 2030
The global commercial drone market size was estimated at USD...
- Commercial Drone Market Size, Share & Growth Report 2030
- North America Drones Market Analysis
- United States Drones Market Analysis
- Canada Drones Market Analysis
- Europe Drones Market Analysis
- United Kingdom Drones Market Analysis
- Germany Drones Market Analysis
- Asia-Pacific Drones Market Analysis
- China Drones Market Analysis
- India Drones Market Analysis
- Japan Drones Market Analysis
North America stands as a dominant force in the global drones market, with a robust ecosystem of manufacturers, service providers, and end-users. The region is characterized by advanced regulatory frameworks, particularly in the United States and Canada, which are continuously evolving to accommodate the growing commercial drone market. North Ameri...
The United States is the largest market for commercial drones, with a market size of USD 10.5 billion in 2023. The Federal Aviation Administration (FAA) plays a pivotal role in shaping the industry through evolving regulations, including recent rules for BVLOS operations, drone identification, and traffic management. Corporate giants like Amazon, G...
Canada's commercial drone market is characterized by a supportive regulatory environment, with recent changes by Transport Canada Civil Aviation (TC) aimed at promoting the societal and economic advantages of drones for commercial use. The revision of Canadian Aviation Regulations (CARS) in July 2023, allowing commercial drones weighing up to 150 k...
Europe has established itself as a key player in the global drones market, with a strong focus on regulatory compliance and innovative applications across various sectors. The region is characterized by a diverse landscape of national regulations, with efforts towards harmonization through initiatives like the European Union Aviation Safety Agency ...
The United Kingdom has positioned itself as a leader in commercial drone technology development and adoption, with the potential to contribute up to USD 44 billion to the economy by 2030. The UK market is characterized by a diverse range of applications, from delivery services to agricultural monitoring, reflecting the versatility and growing accep...
Germany stands as a premium market for commercial drones in Europe, with a strong focus on regulatory compliance and innovative applications. The German Federal Aviation Office (FAO) regulates drone operations, balancing safety concerns with the need for technological advancement in sectors such as aerial photography, mapping, surveying, inspection...
The Asia-Pacific region represents a dynamic and rapidly growing segment of the global drones market, characterized by diverse regulatory landscapes and varying levels of technology adoption across countries. China leads the region in drone manufacturing and adoption, while countries like Japan and India are making significant strides in innovative...
China stands as a dominant force in the global drones market, with over 15,000 drone-related enterprises and 95,000 registered drones as of 2022. The Civil Aviation Administration of China (CAAC) regulates the industry, balancing innovation with safety concerns. China's market is driven by extensive use of drones in agriculture, with over 70,344 UA...
India's drone industry is experiencing rapid growth, driven by liberal policies and government initiatives such as drone shakti and the Production-Linked Incentive (PLI) scheme. As of November 2023, there were around 13,000 registered drones in India, with applications spanning agriculture, surveillance, filmmaking, healthcare, and e-commerce deliv...
Japan is at the forefront of drone technology development and adoption, with a strong focus on commercial and industrial drones applications. Recent regulatory changes, such as the easing of restrictions for level-4 drone flights over residential areas, have opened up new opportunities for drone market growth in areas like package delivery and disa...
The global commercial drone market size was estimated at USD 30.02 billion in 2024 and is expected to grow at a CAGR of 10.6% from 2025 to 2030. The market growth is attributed to the increasing enterprise application of drones across various industry verticals.
- The global commercial drone market is expected to grow at a compound annual growth rate of 13.9% from 2023 to 2030 to reach USD 57.16 billion by 20...
- The rotary blade segment accounted for the largest share of more than 78.0% in terms of volume in the commercial drone market in 2022 and is expect...
- The filming and photography application segment accounted for the largest revenue share of approximately 31.0% in 2022 in the commercial drone mark...
- The security and law enforcement end-use segment accounted for a share of around 23.0% of the commercial drone market in 2022. Read More
- North America dominated the commercial drone market with a volume share of around 30.0% in 2022. This is attributed to favorable government initiat...
The Drones Market size is estimated at USD 35.28 billion in 2024, and is expected to reach USD 67.64 billion by 2029, growing at a CAGR of 13.90% during the forecast period (2024-2029).
- The Drone Market will Grow to 42.8 billion USD by 2025. The big picture, the most important figure to take away, is 42.8 billion USD. That is what the drone market size will be in 2025.
- Energy is Still the Largest Industry, but Transport is Growing Rapidly. The Energy sector is the largest industry on the commercial drone market in 2020 and will continue to be so in 2025.
- Asia is Now the Biggest Regional Drone Market in the World. Currently, the national drone markets in USA and China currently dominate the commercial drone market – together their revenue makes up over two thirds of the global drone market size and this does not look likely to change in the foreseeable future.
- The Effects of the COVID-19 Pandemic will be Felt by the Drone Industry. Few industries will emerge out of the COVID-19 pandemic unscathed. The global health crisis has resulted in a worldwide contraction of several markets as almost three months of respective quarantine in major economies has seen major rises in unemployment, slowdowns of supply chains and reduction in demand for goods.
Oct 14, 2024 · The global commercial drone market size was valued at $8.77 bn in 2022 & is projected to grow from $10.98 bn in 2023 to $54.81 bn by 2030 at a CAGR 25.82%.
The drone market size is forecast to increase by USD 36.1 billion at a CAGR of 15.23% between 2023 and 2028. The global market is experiencing significant growth due to the increasing applications in various industries such as agriculture, construction, and media and entertainment.
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