LONDON–(BUSINESS WIRE)–Technavio has been monitoring the commercial drones market and it is poised to grow by USD 20.39 billion during 2020-2024, progressing at a CAGR of almost 36% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3D Robotics Inc., AeroVironment Inc., Autel Robotics, FLIR Systems Inc., Intel Corp., Parrot SA, Remote Monitored Systems PLC, SZ DJI Technology Co. Ltd., Trimble Inc., and Yuneec International Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The rise in application of drones has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/commercial-drones-market-industry-analysis
Commercial Drones Market 2020-2024: Segmentation
Commercial Drones Market is segmented as below:
- Product
-
End-user
- Infrastructure
- Agriculture
- Public Safety
- Energy
- Others
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Commercial Drones Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial drones market report covers the following areas:
- Commercial Drones Market Size
- Commercial Drones Market Trends
- Commercial Drones Market Analysis
This study identifies technological advances in commercial drones as one of the prime reasons driving the commercial drones market growth during the next few years.
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Commercial Drones Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist commercial drones market growth during the next five years
- Estimation of the commercial drones market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the commercial drones market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of commercial drones market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Value chain analysis
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market Outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Software – Market size and forecast 2019-2024
- Hardware – Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Infrastructure – Market size and forecast 2019-2024
- Agriculture – Market size and forecast 2019-2024
- Public safety – Market size and forecast 2019-2024
- Energy – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- New developments and launches of commercial drones
- Growing number of acquisitions and partnerships
- Technological advances in commercial drones
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 3D Robotics, Inc.
- AeroVironment Inc.
- Autel Robotics
- FLIR Systems Inc.
- Intel Corp.
- Parrot SA
- Remote Monitored Systems PLC
- SZ DJI Technology Co. Ltd.
- Trimble Inc.
- Yuneec International Co. Ltd.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
