Global drone (uav) market demand & opportunity analysis 2023

Global Drone (UAV) Market Outlook: Industry Insights & Opportunity Evaluation, 2015-2023

Copyright Š Research Nester

www.researchnester.com

Entering New Emerging Markets Launch & Viability of Product Competitive Analysis Industry Analysis

Research Nester, currently serving clients from 120+ countries clients across the globe, is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Through our robust, unbiased extensive primary and secondary research, we help organizations to understand current and future market trends, thus letting them making a prolonged yet dynamic financial investment.

Copyright Š Research Nester

www.researchnester.com

Real Estate

Food & Beverage

FMCG

Energy & Power Industries Catered

Healthcare

ICT

Information Technology Copyright © Research Nester

Semiconductor

www.researchnester.com

Our Services

Research & Analysis

Data Analysis

Data Collection

Actionable Insight

Secondary /Desk Research

Primary Research

Business Solution

Company Analysis

We Offer

In-depth Industry Analysis Our exhaustive research reports are a combination of qualitative and quantitative data and analysis Research conducted using credible database and industry tools and primary insights Unbiased and detailed analysis of financial statistics, competitor’s analysis Market size estimation (by value and volume) and forecasting Detailed mapping on SWOT Analysis, Porters’ Five Force Model Analysis, PESTEL Analysis

Custom Research Services Tracking the market as per the industry’s movement Conducting interviews to portray real situations and industry’s trends In-depth analysis and information gathering as per client’s requirement Provide 360 degree approach reports to meet client’s specific requirement

Competition Study

Channel Assessment

Study of Developme nts

Copyright © Research Nester

Market Assessment /Estimation s/Forecast

Future Share

Target Market

Recommendation

www.researchnester.com

Sample Research Presentation Look for Your Requested Research/TOC

Copyright © Research Nester

www.researchnester.com

Global Drone Market Final Deliverable Table of Content Global Drone Market Overview

Drone is a flying robot commonly known as unmanned aerial vehicles (UAV) which can be controlled by remote or self-automation software.

From past few years, drones were often used for military practices such as anti-aircraft target practice, intelligence gathering and others.

Now-a-days drones discovered their wide range of application in commercial sector such as traffic monitoring, weather monitoring, fire-fighting, search and rescue operations, drone-based photography, as well as agriculture and delivery services. With the emerging market of drones, drone education is also expanding. Various universities across the globe are now offering bachelor degree in Unmanned Systems Applications, these emerging trends in the drone technology will further spur the demand for drones across the globe.

Copyright Š Research Nester

www.researchnester.com

Market Size & Forecast Global drone market is anticipated to reach USD 25 billion by the end of 2023 witnessing a compound annual growth rate of 18.2% over the forecast period owing to the significant use of drones in various sectors.

Geographically, North America is anticipated to have the upper hand over the global drone market owing to the increasing production and wide application of drones in commercial sector. Europe is estimated to be most attractive market in terms of profit over the forecast period.

In Canada, drones are mainly used for atmospheric monitoring including atmospheric gas sampling and oceanographic research.

Copyright Š Research Nester

www.researchnester.com

In terms of volume, nearly 4 million commercial drones are sold in 2015. The number of sold units is anticipated to expand exponentially over the forecast period reaching 18 million a year by 2023.

Drones are widely used for pest detection, search and rescue of mammal species, volcanic monitoring, pollution monitoring and others. The growing trend of adoption of drones in various activities will establish numerous opportunities for the drone’s manufacturers in the global market.

Drone manufacturers in the market are focused on providing comprehensive design with functionality and safety to ensure the best performance and creative appearance.

Market Segmentation

By Product Type Deep dive study has been carried out on the following product segments: o o     o o o o

Commercial Drones Fixed Wing Drones VTOL Drones Rotary Blade Drones Nano Drones Hybrid Drones Military Drones Small Tactical Unmanned Aircraft Systems (STUAS) Medium Altitude Long Endurance (MALE) UAVs High Altitude Long Endurance (HALE) UAVs Unmanned Combat Air Systems (UCAS)

By Payload Depending upon the payload capacity of drones, the market is further segmented into following categories:-

Copyright © Research Nester

www.researchnester.com

   

Up to 25 kg ( commercial drones) Up to 150 kg ( commercial drones) Up to 600 kg (military drones) Above 600 kg (military drones)

By Component

     

On the basis of component used in drones, thorough study has been carried out on the following categories:Camera Battery Propulsion System Sensors Navigation System Others (Transmitter, Range Extender, Frame)

By Application By end use application, the market can be segmented in to following categories:-

        

Military Activities Law Enforcement Precision Agriculture Media and Entertainment Retail Inspection and Monitoring Surveying and Mapping Do it Yourself (DIY) Drones Education

By Region



Global Drone Market is further classified on the basis of region as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis

Copyright © Research Nester

www.researchnester.com

 

 

Latin America (Brazil, Mexico, Rest of Latin America) Market size, YO-Y growth & Opportunity Analysis Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis Middle East and Africa( GGC, South Africa, North Africa ) Market size, Y-O-Y growth & Opportunity Analysis Growth Drivers and Challenges Increasing use of drones in commercial sectors such as media and entertainment, inspection, monitoring, surveying and mapping is fuelling the demand for drones across the globe Government all over the world is also implementing drones in public safety services, drones are widely used by law and enforcement agencies for surveillance. Drones are also used in infrastructure, scientific research and R&D, environmental studies, and disaster management activities. The wide range of application of drone will further intensify the market growth over the forecast period.

E-commerce and retail industry is working on the using drones in order to deliver product to the customers in a minimum time.

However such projects are held back by government bodies in order to ensure public safety. Additionally, Drones are widely used in agriculture sector to produce higher yield by regular crop monitoring.

Key market players are making huge investment in R&D activities to develop solar powered drones for agricultural application. This will further boost the demand for drones in agricultural sector.

Government regulations regarding the violation of privacy policies are considered to be the major restraint in the global drone market.

  

Key Players 3D Robotics AgEagle Aerial Systems Agribotix Copyright © Research Nester

www.researchnester.com

           

Airware DJI Innovations HoneyComb Precision Hawk senseFly Skycatch Trimble AeroVironment CyPhy Works DJI Innovations Draganfly Innovations Sentera LLC Scope and Context Overview of the Parent Market Analyst View

 

Segmentation

By Product Type Market Size & Y-O-Y Growth Analysis

By Equipments Market Size & Y-O-Y Growth Analysis

By Regions

  

  

Global Medical Robotics Market has been studied on countries and regions like: North America (U.S., Canada) Market Size & Y-O-Y Growth Analysis Latin America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y Growth Analysis Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size & Y-O-Y Growth Analysis Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia) Market Size & Y-O-Y Growth Analysis Middle East and North Africa (MENA) Market Size & Y-O-Y Growth Analysis Rest of World Market Size & Y-O-Y Growth Analysis

Copyright © Research Nester

www.researchnester.com

Market Dynamics Supply & Demand Risk Competitive Landscape Porter’s Five Force Model Geographical Economic Activity Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio Recent Trends and Developments Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment

To know more about Drone (UAV) Market research, please visit: http://www.researchnester.com/reports/drone-market-global-demandgrowth-analysis-opportunity-outlook-2023/208

Copyright Š Research Nester

www.researchnester.com

For More Info/Enquiry, Please Visit us at: Research Nester 1820 Avenue M, Suite #1113 Brooklyn, New York 11230 U.S. (T) +1 646 586 9123 Canada (T) +1 437 889 3230 U.K. (T) +44 203 608 5919 India (T) +91 120 660 5495 www.researchnester.com, info@researchnester.com

Copyright Š Research Nester

www.researchnester.com