Global Commercial Drone Market to reach $2bn by 2023

The industry research outlook Unmanned Aerial Vehicles (UAV)/Commercial Drone Market Size By Product (Rotary Blade, Fixed Wing, Nano Drone, Hybrid), By Application (Government, Media & Entertainment, Agriculture, Energy), Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2016 – 2023”, by Global Market Insights, Inc. says UAV/Commercial Drone Market size is forecast to be valued at USD 2.05 billion by 2023.

Unmanned Aerial Vehicles or Commercial Drone market size will grow lucratively, owing to the huge investments in drones by emerging economies over the coming years of 2016 to 2023. Moreover, extensive applications across end-use industries such as real estate, media & entertainment, e-commerce, etc. will further enhance the UAV industry outlook over the next few years.  As per Global Market Insights, Inc., “Global commercial drone market will witness a growth rate of more than 19% over the period of 2016-2023.”

The growing initiatives regarding internet connectivity in remote areas will noticeably influence the demand for unmanned aerial vehicles. Furthermore, escalating interest by e-commerce giants for spreading business and the law enforcement activity by the government will significantly stimulate the unmanned aerial vehicles industry size. In addition, drones are also being widely used for traffic management, congestion analysis, and crime scene investigation. The evolving aerial imaging industry has also witnessed heavy demand for drones, attributed to its applications in capturing aerial shots.

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Rotary blade UAVs are projected to dominate the commercial drone product landscape

UAV product market is primarily driven by rotary blade followed by nano drone, hybrid, and fixed wing drones. Rotary blade commercial drone industry share will exhibit an annual growth rate of over 19.5% over the coming six years. The features like multi-directional flying capability and fixed position hovering property will be the attributing factors for the rising product demand. Nano drone market accounted for 7% of total market share in 2015, and is predicted to collect a revenue of USD 145 million by 2023, owing to its effective implementation in security & aerial photography activities and portability.

Government sector is estimated to lead the UAV application landscape

On account of commercial drone applications, government sector accounted for 40% of the overall unmanned aerial vehicles market share in 2015 and is expected to continue its dominance over all other applications like agriculture, media & entertainment, and energy over the coming six years. The growing importance of the UAV for rescue missions, scientific research, outdoor public events, mapping, traffic accident investigation, etc. will propel government application, which is anticipated to register a CAGR of over 18% over the period of 2016 to 2023.

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UAVs are mostly used to recreate, image, and analyze the crops to measure quality, water holding capacities, and mineral content of the soil. Additionally, it helps farmers to monitor crop growth. The aforementioned factors will generate triple digit revenue for agriculture application, which is projected to grow at a rate of 21.2% over the coming years of 2016 to 2023.

Considering the global aspects, North America unmanned aerial vehicles market will dominate the worldwide industry share. The growing demand across end-use areas coupled with high production will drive North America commercial drone industry share, which will witness a revenue of USD 1 billion by 2023. U.S will be the major revenue pocket for the North America UAV industry. Asia pacific UAV market size surpassed a revenue of USD 120 million in 2015 and is anticipated to grow at a rate of more than 20% over the coming six years. The growth can be attributed to the increasing usage of drone for agriculture applications.

AeroVironment, Denel Dynamics, Dà-Ji?ng Innovations Science and Technology Co., Ltd, Aurora Flight Sciences, Challis Heliplane UAV Inc., Draganfly Innovations Inc, and BAE Systems are some of the key players in the commercial drone market. Other well-known industry participants include Prox Dynamics, Boeing, Northrop Grumman, and Lockheed Martin.

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Agriculture Drones Market to cross the billion-dollar frontier by 2024, Asia Pacific to be a beneficial growth avenue over 2017-2024

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Global Commercial Drone Market by Technology, Application & Geography – Analysis & Forecast to 2021

“Global Commercial Drone Market Professional Survey Report 2016” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.

In this Commercial Drone market research report the core driving factors of this market were identified and the business partners & end users were elaborated. The structure of the business sector, patterns and challenges affecting the market globally are also a part of this extensive analysis. Various interviews and talks were conducted with the prominent leaders of this industry to obtain reliable and updated information pertaining to the market.

This market research report looks into and analyzes the Commercial Drone market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the global Commercial Drone industry considering the profit margin of the manufacturers.

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This Commercial Drone industry market research report focuses on the major players in this market throughout the world. This section of the report includes the company profiles, specification and product pictures, production, capacity, contact information, cost and revenue. Likewise, equipment & upstream raw materials and downstream demand analysis is also dealt with.

In addition, this research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Commercial Drone market research report include the porter’s five forces analysis and SWOT analysis.

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The best thing about this market research report is that the significance and application scope of this market has been defined. Besides, various market dynamics and buying criteria has been enhanced in the report. Hence, this market research report is a great scope for identifying new investment projects, identifying how to deal with the market trends etc. of theCommercial Drone market.

 

Table of Content:-

Global Commercial Drone Market Professional Survey Report 2016

1 Industry Overview of Commercial Drone

1.1 Definition and Specifications of Commercial Drone

1.1.1 Definition of Commercial Drone

1.1.2 Specifications of Commercial Drone

1.2 Classification of Commercial Drone

1.2.1 Solar powered

1.2.2 Battery powered

1.2.3 Oil powered

1.2.4 By Different Flight distance (Long, Middle, Short)

1.2.5 By Different Flight Type (Fixed-wing, Rotary wing, Flapping-wing, Airship type)

1.3 Applications of Commercial Drone

1.3.1 Law Enforcement/Public Safety

1.3.2 Precision Agriculture

1.3.3 Media and Entertainment

1.3.4 Inspection/Monitoring

1.3.5 Surveying/Mapping

1.3.6 Others

1.4 Market Segment by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

 

2 Manufacturing Cost Structure Analysis of Commercial Drone

2.1 Raw Material and Suppliers

2.2 Manufacturing Cost Structure Analysis of Commercial Drone

2.3 Manufacturing Process Analysis of Commercial Drone

2.4 Industry Chain Structure of Commercial Drone

 

3 Technical Data and Manufacturing Plants Analysis of Commercial Drone

3.1 Capacity and Commercial Production Date of Global Commercial Drone Major Manufacturers in 2015

3.2 Manufacturing Plants Distribution of Global Commercial Drone Major Manufacturers in 2015

3.3 R&D Status and Technology Source of Global Commercial Drone Major Manufacturers in 2015

3.4 Raw Materials Sources Analysis of Global Commercial Drone Major Manufacturers in 2015

 

4 Global Commercial Drone Overall Market Overview

4.1 2011-2016E Overall Market Analysis

4.2 Capacity Analysis

4.2.1 2011-2016E Global Commercial Drone Capacity and Growth Rate Analysis

4.2.2 2015 Commercial Drone Capacity Analysis (Company Segment)

4.3 Sales Analysis

4.3.1 2011-2016E Global Commercial Drone Sales and Growth Rate Analysis

4.3.2 2015 Commercial Drone Sales Analysis (Company Segment)

4.4 Sales Price Analysis

4.4.1 2011-2016E Global Commercial Drone Sales Price

4.4.2 2015 Commercial Drone Sales Price Analysis (Company Segment)

 

5 Commercial Drone Regional Market Analysis

5.1 North America Commercial Drone Market Analysis

5.1.1 North America Commercial Drone Market Overview

5.1.2 North America 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.1.3 North America 2011-2016E Commercial Drone Sales Price Analysis

5.1.4 North America 2015 Commercial Drone Market Share Analysis

5.2 China Commercial Drone Market Analysis

5.2.1 China Commercial Drone Market Overview

5.2.2 China 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.2.3 China 2011-2016E Commercial Drone Sales Price Analysis

5.2.4 China 2015 Commercial Drone Market Share Analysis

5.3 Europe Commercial Drone Market Analysis

5.3.1 Europe Commercial Drone Market Overview

5.3.2 Europe 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.3.3 Europe 2011-2016E Commercial Drone Sales Price Analysis

5.3.4 Europe 2015 Commercial Drone Market Share Analysis

5.4 Southeast Asia Commercial Drone Market Analysis

5.4.1 Southeast Asia Commercial Drone Market Overview

5.4.2 Southeast Asia 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.4.3 Southeast Asia 2011-2016E Commercial Drone Sales Price Analysis

5.4.4 Southeast Asia 2015 Commercial Drone Market Share Analysis

5.5 Japan Commercial Drone Market Analysis

5.5.1 Japan Commercial Drone Market Overview

5.5.2 Japan 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.5.3 Japan 2011-2016E Commercial Drone Sales Price Analysis

5.5.4 Japan 2015 Commercial Drone Market Share Analysis

5.6 India Commercial Drone Market Analysis

5.6.1 India Commercial Drone Market Overview

5.6.2 India 2011-2016E Commercial Drone Local Supply, Import, Export, Local Consumption Analysis

5.6.3 India 2011-2016E Commercial Drone Sales Price Analysis

5.6.4 India 2015 Commercial Drone Market Share Analysis

 

6 Global 2011-2016E Commercial Drone Segment Market Analysis (by Type)

6.1 Global 2011-2016E Commercial Drone Sales by Type

6.2 Different Types of Commercial Drone Product Interview Price Analysis

6.3 Different Types of Commercial Drone Product Driving Factors Analysis

6.3.1 Solar powered of Commercial Drone Growth Driving Factor Analysis

6.3.2 Battery powered of Commercial Drone Growth Driving Factor Analysis

6.3.3 Oil powered of Commercial Drone Growth Driving Factor Analysis

6.3.4 By Different Flight distance (Long, Middle, Short) of Commercial Drone Growth Driving Factor Analysis

6.3.5 By Different Flight Type (Fixed-wing, Rotary wing, Flapping-wing, Airship type) of Commercial Drone Growth Driving Factor Analysis

 

7 Global 2011-2016E Commercial Drone Segment Market Analysis (by Application)

7.1 Global 2011-2016E Commercial Drone Consumption by Application

7.2 Different Application of Commercial Drone Product Interview Price Analysis

7.3 Different Application of Commercial Drone Product Driving Factors Analysis

7.3.1 Law Enforcement/Public Safety of Commercial Drone Growth Driving Factor Analysis

7.3.2 Precision Agriculture of Commercial Drone Growth Driving Factor Analysis

7.3.3 Media and Entertainment of Commercial Drone Growth Driving Factor Analysis

7.3.4 Inspection/Monitoring of Commercial Drone Growth Driving Factor Analysis

7.3.5 Surveying/Mapping of Commercial Drone Growth Driving Factor Analysis

7.3.6 Others of Commercial Drone Growth Driving Factor Analysis

 

8 Major Manufacturers Analysis of Commercial Drone

8.1 DJI

8.1.1 Company Profile

8.1.2 Product Picture and Specifications

8.1.2.1 Type I

8.1.2.2 Type II

8.1.2.3 Type III

8.1.3 DJI 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.1.4 DJI 2015 Commercial Drone Business Region Distribution Analysis

8.2 Parrot

8.2.1 Company Profile

8.2.2 Product Picture and Specifications

8.2.2.1 Type I

8.2.2.2 Type II

8.2.2.3 Type III

8.2.3 Parrot 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.2.4 Parrot 2015 Commercial Drone Business Region Distribution Analysis

8.3 3D Robotics

8.3.1 Company Profile

8.3.2 Product Picture and Specifications

8.3.2.1 Type I

8.3.2.2 Type II

8.3.2.3 Type III

8.3.3 3D Robotics 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.3.4 3D Robotics 2015 Commercial Drone Business Region Distribution Analysis

8.4 Precisionhawk

8.4.1 Company Profile

8.4.2 Product Picture and Specifications

8.4.2.1 Type I

8.4.2.2 Type II

8.4.2.3 Type III

8.4.3 Precisionhawk 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.4.4 Precisionhawk 2015 Commercial Drone Business Region Distribution Analysis

8.5 Aerovironment

8.5.1 Company Profile

8.5.2 Product Picture and Specifications

8.5.2.1 Type I

8.5.2.2 Type II

8.5.2.3 Type III

8.5.3 Aerovironment 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.5.4 Aerovironment 2015 Commercial Drone Business Region Distribution Analysis

8.6 Drone Deploy

8.6.1 Company Profile

8.6.2 Product Picture and Specifications

8.6.2.1 Type I

8.6.2.2 Type II

8.6.2.3 Type III

8.6.3 Drone Deploy 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.6.4 Drone Deploy 2015 Commercial Drone Business Region Distribution Analysis

8.7 Boeing

8.7.1 Company Profile

8.7.2 Product Picture and Specifications

8.7.2.1 Type I

8.7.2.2 Type II

8.7.2.3 Type III

8.7.3 Boeing 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.7.4 Boeing 2015 Commercial Drone Business Region Distribution Analysis

8.8 Airware

8.8.1 Company Profile

8.8.2 Product Picture and Specifications

8.8.2.1 Type I

8.8.2.2 Type II

8.8.2.3 Type III

8.8.3 Airware 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.8.4 Airware 2015 Commercial Drone Business Region Distribution Analysis

8.9 Trimble UAS

8.9.1 Company Profile

8.9.2 Product Picture and Specifications

8.9.2.1 Type I

8.9.2.2 Type II

8.9.2.3 Type III

8.9.3 Trimble UAS 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.9.4 Trimble UAS 2015 Commercial Drone Business Region Distribution Analysis

8.10 Vdos Global

8.10.1 Company Profile

8.10.2 Product Picture and Specifications

8.10.2.1 Type I

8.10.2.2 Type II

8.10.2.3 Type III

8.10.3 Vdos Global 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.10.4 Vdos Global 2015 Commercial Drone Business Region Distribution Analysis

8.11 Hoovy

8.11.1 Company Profile

8.11.2 Product Picture and Specifications

8.11.2.1 Type I

8.11.2.2 Type II

8.11.2.3 Type III

8.11.3 Hoovy 2015 Commercial Drone Sales, Ex-factory Price, Revenue, Gross Margin Analysis

8.11.4 Hoovy 2015 Commercial Drone Business Region Distribution Analysis

 

9 Development Trend of Analysis of Commercial Drone Market

9.1 Global Commercial Drone Market Trend Analysis

9.1.1 Global 2016-2021 Commercial Drone Market Size (Volume and Value) Forecast

9.1.2 Global 2016-2021 Commercial Drone Sales Price Forecast

9.2 Commercial Drone Regional Market Trend

9.2.1 North America 2016-2021 Commercial Drone Consumption Forecast

9.2.2 China 2016-2021 Commercial Drone Consumption Forecast

9.2.3 Europe 2016-2021 Commercial Drone Consumption Forecast

9.2.4 Southeast Asia 2016-2021 Commercial Drone Consumption Forecast

9.2.5 Japan 2016-2021 Commercial Drone Consumption Forecast

9.2.6 India 2016-2021 Commercial Drone Consumption Forecast

9.3 Commercial Drone Market Trend (Product Type)

9.4 Commercial Drone Market Trend (Application)

 

10 Commercial Drone Marketing Type Analysis

10.1 Commercial Drone Regional Marketing Type Analysis

10.2 Commercial Drone International Trade Type Analysis

10.3 Traders or Distributors with Contact Information of Commercial Drone by Regions

10.4 Commercial Drone Supply Chain Analysis

 

11 Consumers Analysis of Commercial Drone

11.1 Consumer 1 Analysis

11.2 Consumer 2 Analysis

11.3 Consumer 3 Analysis

11.4 Consumer 4 Analysis

 

12 Conclusion of the Global Commercial Drone Market Professional Survey Report 2016

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