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Commercial Drone Market Size, Growth, Analysis Report, 2022

Published: Oct, 2015 | Pages: 102 | Publisher: Radiant Insights Inc.
Industry: Telecommunications And Wireless | Report Format: Electronic (PDF)

The Report Contains

Industry Overview
Global commercial drone market size is projected to exceed USD 2000 million by 2022, growing at a CAGR of over 16% from 2015 to 2022. Flourishing implementations of the machines among various industry sectors is projected to drive the demand. Large number of countries are now investing in these drones, driving scope for various future applications. 

Advent of hybrid drone, operating on non-conventional energy sources along with small miniature and nano drone are likely to elevate the industry demand. Drone operating on solar power find its significance in numerous sectors namely surveillance, mapping and disaster management. Economies such as U.S. and China are making huge investments in the research and development of hypersonic drone owing to its high flight speed.

UAV drones are now making their presence into numerous applications. For instance, in 2014 a mini drone was first used to make the package delivery in U.S. These machines facilitate in accomplishing product deliveries without a driver. Solar power drone with five years flight capacity are estimated to be used as access points proving internet access to outmost world regions. Acquisition by Facebook and Google are anticipated drive the UAV drone market growth owing to their rapid initiatives regarding internet connectivity and bring isolated areas online.

Currently, drones are being used in media and entertainment sectors. It is widely used by commercial photographers for covering variety of events such as festivals and weddings among others. These machines are also used for law enforcement activities. It helps in crime scene investigation by gathering evidence. It flies through the crime scene area without disturbing possible evidences and capture high quality pictures as well as videos. It can be used for traffic management, congestion analysis and accident investigation. 

Stringent government regulations and aviation bodies are anticipated to hamper the industry growth owing to growing threat to public security and privacy. Possibilities of drone collision with air planes and risk of property damage is likely to pose a challenge to the industry. However, it is estimated to witness lucrative growth owing to agriculture sector. It assists framers in crop management by capturing shots of the field. Growing interests of government for law enforcements and e-commerce giants for spreading business provide potential avenues for commercial drone market growth.

North America commercial drone market, by product, 2012-2022 (USD Million)
Product Overview Rotary blade was the foremost product segment in 2014 and it is anticipated to exceed USD 1570 million by 2022, growing at a CAGR of over 16.5% from 2015 to 2022. This growth can be attributed to multi directional flying ability along with fixed position hovering property. Nano segment is estimated to witness highest growth. It accounted for over 7% of the overall market share in 2014. It is projected to be valued over USD 145 million by 2022, growing at a CAGR of over 17% from 2015 to 2022. The surge in the segment can be addressed to portability and effective implementation in security and aerial photography activities. Application Overview Agriculture sector was valued over USD 130 million in 2014 and is forecasted to achieve highest growth rate, likely to go beyond USD 555 million by 2022, growing at a CAGR of over 18% up to 2022. Increase in crop yield due to crop monitoring is anticipated to drive the industry. Government sector held the highest share and accounted for over 40% in 2014. It is projected to dominate the market over the forecast period. It is expected be to valued around USD 840 million by 2022, growing at CAGR of over 15% from 2015 to 2022 owing to growing significance in scientific research, rescue missions and mapping. Regional Overview North America commercial drone market was the largest region in 2014 and it accounted for over 55% of the overall industry share. It is estimated to exceed USD 1000 million by 2022, growing at a CAGR of over 15% from 2015 to 2022. The regional surge can be attributed to increasing applications and high production in commercial sectors. Asia pacific UVA drone market is anticipated to witness highest growth. It was valued over USD 110 million in 2014 and is likely to hit USD 470 million by 2022 growing at a CAGR of over 17% from 2015 to 2022. The boost in demand can be addressed to increasing use of drone for agricultural purposes. Competitive Market Share The global commercial drone market is highly consolidated by top three industry players accounting for more than 70% of the overall industry share in 2014. Parrot SA is projected to gain significant market share due to exclusive and highly developed products offered namely, advanced parrot bebop drone and AR.Drone 2.0. Other key industry participants include DJI Innovations and AeroVironment among others.

commercial-drone-market

 Table of Contents

Chapter 1	Methodology and Scope
1.1	Research methodology
1.2	Research scope and assumptions
1.3	List of data sources

Chapter 2	Executive Summary
2.1	Commercial drone - Industry Summary & Key Buying Criteria, 2012-2022
Chapter 3	Commercial Drone Industry Overview
3.1	Market segmentation
3.2	Market size and growth prospects
3.3	Commercial drones value chain analysis
3.3.1	Vendor landscape
3.4	Commercial drones technology roadmap
3.5	Commercial drones market dynamics
3.5.1	Market driver analysis
3.5.1.1	Technological proliferation
3.5.1.2	Increase in demand from application areas
3.5.1.3	Effective adoption of drones for law enforcements
3.5.2	Market restraint analysis
3.5.2.1	Stringent government regulations
3.5.2.2	Scarcity of trained pilots
3.5.2.3	Air traffic management and security and safety issues
3.6	Key opportunities - Prioritized
3.7	Industry Analysis – Porter’s
3.8	Commercial drones – Key company analysis, 2014
3.8.1	Company strategy overview
3.9	Commercial drones – PESTEL Analysis

Chapter 4	Commercial Drone Product Overview
4.1	Commercial drone market share by product, 2014 & 2022
4.2	Fixed wing
4.3	Rotary blade
4.4	Nano drones
4.5	Hybrid

Chapter 5	Commercial Drone Application Overview
5.1	Commercial drone market share by application, 2014 & 2022
5.2	Agriculture
5.3	Energy
5.4	Government
5.5	Media & Entertainment
5.6	Others

Chapter 6	Commercial Drone Regional Overview
6.1	Commercial drone market share by region, 2014 & 2022
6.2	North America
6.2.1	North America market by product, 2012 – 2022
6.2.2	North America market by application, 2012 – 2022
6.2.3	U.S.
6.2.3.1	U.S. market by product, 2012 – 2022
6.2.3.2	U.S. market by application, 2012 – 2022
6.2.4	Canada
6.2.4.1	Canada market by product, 2012 – 2022
6.2.4.2	Canada market by application, 2012 – 2022
6.3	Europe
6.3.1	Europe market by product, 2012 – 2022
6.3.2	Europe market by application, 2012 – 2022
6.3.3	UK
6.3.3.1	UK market by product, 2012 – 2022
6.3.3.2	UK market by application, 2012 – 2022
6.3.4	Germany
6.3.4.1	Germany market by product, 2012 – 2022
6.3.4.2	Germany market by application, 2012 – 2022
6.4	Asia Pacific
6.4.1	Asia Pacific market by product, 2012 – 2022
6.4.2	Asia Pacific market by application, 2012 – 2022
6.4.3	China
6.4.3.1	China market by product, 2012 – 2022
6.4.3.2	China market by application, 2012 – 2022
6.4.4	Japan
6.4.4.1	Japan market by product, 2012 – 2022
6.4.4.2	Japan market by application, 2012 – 2022
6.5	Latin America
6.5.1	Latin America market by product, 2012 – 2022
6.5.2	Latin America market by application, 2012 – 2022
6.6	MEA
6.6.1	MEA market by product, 2012 – 2022
6.6.2	MEA market by application, 2012 – 2022

Chapter 7	Competitive Landscape
7.1	AeroVironment Inc.
7.1.1	Company Overview
7.1.2	Financial Performance
7.1.3	Product Benchmarking
7.1.4	Strategic Initiatives
7.2	Aurora Flight Sciences
7.2.1	Company Overview
7.2.2	Financial Performance
7.2.3	Product Benchmarking
7.2.4	Strategic Initiatives
7.3	BAE Systems PLC
7.3.1	Company Overview
7.3.2	Financial Performance
7.3.3	Product Benchmarking
7.4	Challis Heliplane UAV Inc.
7.4.1	Company Overview
7.4.2	Financial Performance
7.4.3	Product Benchmarking
7.5	Denel Dynamics
7.5.1	Company Overview
7.5.2	Financial Performance
7.5.3	Product Benchmarking
7.6	DJI Innovations
7.6.1	Company Overview
7.6.2	Financial Performance
7.6.3	Product Benchmarking
7.7	Draganfly Innovations Inc.
7.7.1	Company Overview
7.7.2	Financial Performance
7.7.3	Product Benchmarking
7.7.4	Strategic Initiatives
7.8	Elbit Systems Ltd.
7.8.1	Company Overview
7.8.2	Financial Performance
7.8.3	Product Benchmarking
7.8.4	Strategic Overview
7.9	General Atomics
7.9.1	Company Overview
7.9.2	Financial Performance
7.9.3	Product Benchmarking
7.10	General Dynamics Corporation
7.10.1	Company Overview
7.10.2	Financial Performance
7.10.3	Product Benchmarking
7.11	Israel Aerospace Industries
7.11.1	Company Overview
7.11.2	Financial Performance
7.11.3	Product Benchmarking
7.11.4	Strategic Initiatives
7.12	Lockheed Martin Corporation
7.12.1	Company Overview
7.12.2	Financial Performance
7.12.3	Product Benchmarking
7.12.4	Strategic Initiatives
7.13	Northrop Grumman
7.13.1	Company Overview
7.13.2	Financial Performance
7.13.3	Product Benchmarking
7.13.4	Strategic Initiatives
7.14	Parrot SA
7.14.1	Company Overview
7.14.2	Financial Performance
7.14.3	Product Benchmarking
7.15	Prox Dynamics AS
7.15.1	Company Overview
7.15.2	Financial Performance
7.15.3	Product Benchmarking
7.15.4	Strategic Initiatives
7.16	SAIC
7.16.1	Company Overview
7.16.2	Financial Performance
7.16.3	Product Benchmarking
7.16.4	Strategic Initiatives
7.17	Textron Inc.
7.17.1	Company Overview
7.17.2	Financial Performance
7.17.3	Product Benchmarking
7.17.4	Strategic Initiatives
7.18	Thales Group
7.18.1	Company Overview
7.18.2	Financial Performance
7.18.3	Product Benchmarking
7.18.4	Strategic Initiatives
7.19	The Boeing Company
7.19.1	Company Overview
7.19.2	Financial Performance
7.19.3	Product Benchmarking
7.19.4	Strategic Initiatives
7.20	Turkish Aerospace Industries Inc.
7.20.1	Company Overview
7.20.2	Financial Performance
7.20.3	Product Benchmarking
7.20.4	Strategic Initiatives
List of Tables

TABLE 1	Commercial drone - Industry Summary & Key Buying Criteria, 2012-2022
TABLE 2	Global commercial drone market, (USD Million), 2012 - 2022
TABLE 3	Global commercial drone market by region, (USD Million), 2012 - 2022
TABLE 4	Global commercial drone market by product, (USD Million), 2012 - 2022
TABLE 5	Global commercial drone market by application, (USD Million), 2012 - 2022
TABLE 6	Key market participants
TABLE 7	Commercial drones – Key market driver impact
TABLE 8	Commercial drones – Key market restraint impact
TABLE 9	Key commercial drones companies, 2014
TABLE 10	Global fixed wing commercial drone market (USD Million), 2012 - 2022
TABLE 11	Global fixed wing commercial drone market by region (USD Million), 2012 - 2022
TABLE 12	Global rotary blade commercial drone market (USD Million), 2012 - 2022
TABLE 13	Global rotary blade commercial drone market by region (USD Million), 2012 - 2022
TABLE 14	Global nano commercial drone market (USD Million), 2012 - 2022
TABLE 15	Global nano commercial drone market by region (USD Million), 2012 - 2022
TABLE 16	Global hybrid commercial drone market (USD Million), 2012 - 2022
TABLE 17	Global hybrid commercial drone market by region (USD Million), 2012 – 2022
TABLE 18	Global demand in agriculture (USD Million), 2012 - 2022
TABLE 19	Global demand in agriculture by region (USD Million), 2012 - 2022
TABLE 20	Global demand in energy (USD Million), 2012 - 2022
TABLE 21	Global demand in energy by region (USD Million), 2012 - 2022
TABLE 22	Global demand in government (USD Million), 2012 - 2022
TABLE 23	Global demand in government by region (USD Million), 2012 - 2022
TABLE 24	Global demand in media & entertainment (USD Million), 2012 - 2022
TABLE 25	Global demand in media & entertainment by region (USD Million), 2012 - 2022
TABLE 26	Global demand in other applications (USD Million), 2012 - 2022
TABLE 27	Global demand in other applications by region (USD Million), 2012 - 2022
TABLE 28	North America market by product (USD Million), 2012 – 2022
TABLE 29	North America market by application (USD Million), 2012 – 2022
TABLE 30	U.S. market by product (USD Million), 2012 – 2022
TABLE 31	U.S. market by application (USD Million), 2012 – 2022
TABLE 32	Canada market by product (USD Million), 2012 – 2022
TABLE 33	Canada market by application (USD Million), 2012 – 2022
TABLE 34	Europe market by product (USD Million), 2012 – 2022
TABLE 35	Europe market by application (USD Million), 2012 – 2022
TABLE 36	UK market by product (USD Million), 2012 – 2022
TABLE 37	UK market by application (USD Million), 2012 – 2022
TABLE 38	Germany market by product (USD Million), 2012 – 2022
TABLE 39	Germany market by application (USD Million), 2012 – 2022
TABLE 40	Asia Pacific market by product (USD Million), 2012 – 2022
TABLE 41	Asia Pacific market by application (USD Million), 2012 – 2022
TABLE 42	China market by product (USD Million), 2012 – 2022
TABLE 43	China market by application (USD Million), 2012 – 2022
TABLE 44	Japan market by product (USD Million), 2012 – 2022
TABLE 45	Japan market by application (USD Million), 2012 – 2022
TABLE 46	Latin America market by product (USD Thousand), 2012 – 2022
TABLE 47	Latin America market by application (USD Thousand), 2012 – 2022
TABLE 48	MEA market by product (USD Thousand), 2012 – 2022
TABLE 49	MEA market by application (USD Thousand), 2012 – 2022
 



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