Asia Pacific Commercial Drones Market 2022-2032 by Offering (Hardware, Software, Services), Frame (Fixed Wing, Rotary Blade, Nano, Hybrid), Payload (<2 Kg, 2-25 Kg, >25 Kg), Mode of Operation (Remotely Operated, Semi-Autonomous, Fully-Autonomous), Range (VLOS, EVLOS, BLOS), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
Asia Pacific commercial drones market will grow by 16.8% annually with a total addressable market cap of $87.86 billion over 2023-2032, driven by commercial drones' increased capability in gathering high-resolution images and conducting aerial surveys, the advancement of remote sensing and surveillance technologies, the rising adoption of commercial drones in business applications, and the technological advancement in drones, artificial intelligence (AI), and machine learning (ML).
Highlighted with 44 tables and 124 figures, this 207-page report “Asia Pacific Commercial Drones Market 2022-2032 by Offering (Hardware, Software, Services), Frame (Fixed Wing, Rotary Blade, Nano, Hybrid), Payload (<2 Kg, 2-25 Kg, >25 Kg), Mode of Operation (Remotely Operated, Semi-Autonomous, Fully-Autonomous), Range (VLOS, EVLOS, BLOS), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific commercial drones market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific commercial drones market in every aspect of the classification from perspectives of Offering, Frame, Payload, Mode of Operation, Range, Application, Industry Vertical, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Frame
o Payloads
o Avionics
UAV Navigation Systems
UAV Sensors
UAV Flight Control Systems
UAV Communication Systems
Other Avionics
o Propulsion
UAV Engines
UAV Batteries
o Data Links
o Other Systems
• Software
o Flight Management Software
o Data Management Software
o Drone Mapping Software
o Image Processing Software
o Data Analytics Software
• Services
Based on Frame, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Fixed Wing Drones
• Rotary Blade Drones
• Nano Drones
• Hybrid Drones
By Payload, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) shipment (thousand units) for 2022-2032 included in each section.
• <2 Kg
• 2 Kg-25 Kg
• >25 Kg
By Mode of Operation, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Remotely Operated
• Semi-Autonomous
• Fully-Autonomous
By Range, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Visual Line of Sight (VLOS)
• Extended Visual Line of Sight (EVLOS)
• Beyond Line of Sight (BLOS)
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Inspection & Monitoring
• Surveying and Mapping
• Product Delivery
• Filming & Photography
• Precision Agriculture
• Search & Rescue
• Other Applications
By Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Agriculture
• Real Estate and Construction
• Insurance Industry
• Energy Sector
• Industry and Manufacture
• Logistics and Retail
• Media and Entertainment
• Disaster and Emergency Response
• Environmental Monitoring
• Other Verticals
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of national markets by Frame, Mode of Operation, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aeronautics
Aeronavics Ltd.
Airbus S.A.S
Autel Robotics Co., Ltd.
BAE Systems
CybAero AB
Dassault Aviation
Delta Drone
Draganfly Inc.
Drone Volt SA
DroneDeploy Inc.
Ehang Holdings Limited
Elbit Systems Ltd.
General Atomics Aeronautical Systems, Inc.
Insitu Inc.
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Northrop Grumman Corporation
Parrot Drones S.A.S
PrecisionHawk Inc.
Saab AB
SurveyCopter
SZ DJI Technology Co., Ltd.
Teledyne FLIR LLC (Teledyne Technologies Incorporated)
Textron, Inc.
Thales Group
The Boeing Company
Yuneec International Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 27
2.1.2 Impact of COVID-19 on the Market 30
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 32
2.2 Major Growth Drivers 36
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 45
2.5 Porter’s Fiver Forces Analysis 49
3 Segmentation of Asia Pacific Market by Offering 53
3.1 Market Overview by Offering 53
3.2 Hardware 55
3.2.1 Frame 57
3.2.2 Payloads 58
3.2.3 Avionics 59
3.2.4 Propulsion 61
3.2.5 Data Links 62
3.2.6 Other Systems 63
3.3 Software 64
3.3.1 Flight Management Software 66
3.3.2 Data Management Software 67
3.3.3 Drone Mapping Software 68
3.3.4 Image Processing Software 69
3.3.5 Data Analytics Software 70
3.4 Services 71
4 Segmentation of Asia Pacific Market by Frame 72
4.1 Market Overview by Frame 72
4.2 Fixed Wing Drones 76
4.3 Rotary Blade Drones 78
4.4 Nano Drones 80
4.5 Hybrid Drones 82
5 Segmentation of Asia Pacific Market by Payload 84
5.1 Market Overview by Payload 84
5.2 <2 Kg 88
5.3 2 Kg-25 Kg 90
5.4 >25 Kg 92
6 Segmentation of Asia Pacific Market by Mode of Operation 94
6.1 Market Overview by Mode of Operation 94
6.2 Remotely Operated 98
6.3 Semi-Autonomous 100
6.4 Fully-Autonomous 102
7 Segmentation of Asia Pacific Market by Range 104
7.1 Market Overview by Range 104
7.2 Visual Line of Sight (VLOS) 108
7.3 Extended Visual Line of Sight (EVLOS) 110
7.4 Beyond Line of Sight (BLOS) 112
8 Segmentation of Asia Pacific Market by Application 114
8.1 Market Overview by Application 114
8.2 Inspection & Monitoring 118
8.3 Surveying and Mapping 120
8.4 Product Delivery 122
8.5 Filming & Photography 124
8.6 Precision Agriculture 126
8.7 Search & Rescue 128
8.8 Other Applications 130
9 Segmentation of Asia Pacific Market by Industry Vertical 132
9.1 Market Overview by Industry Vertical 132
9.2 Agriculture 136
9.3 Real Estate and Construction 138
9.4 Insurance Industry 140
9.5 Energy Sector 142
9.6 Industry and Manufacture 144
9.7 Logistics and Retail 146
9.8 Media and Entertainment 148
9.9 Disaster and Emergency Response 150
9.10 Environmental Monitoring 152
9.11 Other Verticals 154
10 Asia-Pacific Market 2022-2032 by Country 156
10.1 Overview of Asia-Pacific Market 156
10.2 Japan 161
10.3 China 164
10.4 Australia 166
10.5 India 168
10.6 South Korea 170
10.7 Rest of APAC Region 172
11 Competitive Landscape 174
11.1 Overview of Key Vendors 174
11.2 New Product Launch, Partnership, Investment, and M&A 177
11.3 Company Profiles 178
Aeronautics 178
Aeronavics Ltd. 180
Airbus S.A.S 181
Autel Robotics Co., Ltd. 182
BAE Systems 183
CybAero AB 184
Dassault Aviation 185
Delta Drone 186
Draganfly Inc. 187
Drone Volt SA 188
DroneDeploy Inc. 189
Ehang Holdings Limited 190
Elbit Systems Ltd. 191
General Atomics Aeronautical Systems, Inc. 192
Insitu Inc. 193
Israel Aerospace Industries Ltd. 194
Lockheed Martin Corporation 195
Northrop Grumman Corporation 196
Parrot Drones S.A.S 197
PrecisionHawk Inc. 198
Saab AB 199
SurveyCopter 200
SZ DJI Technology Co., Ltd. 201
Teledyne FLIR LLC (Teledyne Technologies Incorporated) 202
Textron, Inc. 203
Thales Group 204
The Boeing Company 205
Yuneec International Co., Ltd. 206
RELATED REPORTS 207
List of Tables:
Table 1. Snapshot of Asia Pacific Commercial Drones Market in Balanced Perspective, 2022-2032 22
Table 2. World Economic Outlook, 2021-2031 28
Table 3. World Economic Outlook, 2021-2023 29
Table 4. Scenarios for Economic Impact of Ukraine Crisis 33
Table 5. Regulatory Body by Country 43
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Commercial Drones Market 45
Table 7. Asia Pacific Commercial Drones Market by Offering, 2022-2032, $ mn 53
Table 8. Asia Pacific Commercial Drones Market: Hardware by System, 2022-2032, $ mn 56
Table 9. Asia Pacific Commercial Drones Market: Avionics by Type, 2022-2032, $ mn 60
Table 10. Asia Pacific Commercial Drones Market: Propulsion by Type, 2022-2032, $ mn 61
Table 11. Asia Pacific Commercial Drones Market: Software by Type, 2022-2032, $ mn 65
Table 12. Asia Pacific Commercial Drones Market by Frame, 2022-2032, $ mn 72
Table 13. Asia Pacific Commercial Drones Market by Frame, 2022-2032, thousand units 74
Table 14. Asia Pacific Commercial Drones Market by Payload, 2022-2032, $ mn 84
Table 15. Asia Pacific Commercial Drones Market by Payload, 2022-2032, thousand units 86
Table 16. Asia Pacific Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 94
Table 17. Asia Pacific Commercial Drones Market by Mode of Operation, 2022-2032, thousand units 96
Table 18. Asia Pacific Commercial Drones Market by Range, 2022-2032, $ mn 104
Table 19. Asia Pacific Commercial Drones Market by Range, 2022-2032, thousand units 106
Table 20. Asia Pacific Commercial Drones Market by Application, 2022-2032, $ mn 114
Table 21. Asia Pacific Commercial Drones Market by Application, 2022-2032, thousand units 116
Table 22. Asia Pacific Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 132
Table 23. Asia Pacific Commercial Drones Market by Industry Vertical, 2022-2032, thousand units 134
Table 24. APAC Commercial Drones Market by Country, 2022-2032, $ mn 157
Table 25. APAC Commercial Drones Market by Country, 2022-2032, thousand units 159
Table 26. Japan Commercial Drones Market by Frame, 2022-2032, $ mn 163
Table 27. Japan Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 163
Table 28. Japan Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 163
Table 29. China Commercial Drones Market by Frame, 2022-2032, $ mn 165
Table 30. China Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 165
Table 31. China Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 165
Table 32. Australia Commercial Drones Market by Frame, 2022-2032, $ mn 167
Table 33. Australia Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 167
Table 34. Australia Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 167
Table 35. India Commercial Drones Market by Frame, 2022-2032, $ mn 169
Table 36. India Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 169
Table 37. India Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 169
Table 38. South Korea Commercial Drones Market by Frame, 2022-2032, $ mn 171
Table 39. South Korea Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 171
Table 40. South Korea Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 171
Table 41. Commercial Drones Market in Rest of APAC by Country/Region, 2022-2032, $ mn 173
Table 42. Aeronautics: Company Snapshot 178
Table 43. Aeronautics: Business Segmentation 179
Table 44. Aeronautics: Product Portfolio 179List of Figures:
Figure 1. Research Method Flow Chart 16
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 19
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 21
Figure 4. Industry Value Chain Analysis 24
Figure 5. Asia Pacific Commercial Drones Market, 2022-2032, $ mn 25
Figure 6. Asia Pacific Commercial Drones Market, 2022-2032, thousand units 26
Figure 7. Impact of COVID-19 on Business 30
Figure 8. Primary Drivers and Impact Factors of Asia Pacific Commercial Drones Market 36
Figure 9. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million 39
Figure 10. World Construction Industry, 2019-2030, $ trillion 39
Figure 11. Primary Restraints and Impact Factors of Asia Pacific Commercial Drones Market 40
Figure 12. Investment Opportunity Analysis 46
Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Commercial Drones Market 49
Figure 14. Breakdown of Asia Pacific Commercial Drones Market by Offering, 2022-2032, % of Revenue 54
Figure 15. Asia Pacific Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 54
Figure 16. Asia Pacific Commercial Drones Market by Offering: Hardware, 2022-2032, $ mn 55
Figure 17. Asia Pacific Commercial Drones Market by Hardware: Frame, 2022-2032, $ mn 57
Figure 18. Asia Pacific Commercial Drones Market by Hardware: Payloads, 2022-2032, $ mn 58
Figure 19. Asia Pacific Commercial Drones Market by Hardware: Avionics, 2022-2032, $ mn 59
Figure 20. Asia Pacific Commercial Drones Market by Hardware: Propulsion, 2022-2032, $ mn 61
Figure 21. Asia Pacific Commercial Drones Market by Hardware: Data Links, 2022-2032, $ mn 62
Figure 22. Asia Pacific Commercial Drones Market by Hardware: Other Systems, 2022-2032, $ mn 63
Figure 23. Asia Pacific Commercial Drones Market by Offering: Software, 2022-2032, $ mn 64
Figure 24. Asia Pacific Commercial Drones Market by Software: Flight Management Software, 2022-2032, $ mn 66
Figure 25. Asia Pacific Commercial Drones Market by Software: Data Management Software, 2022-2032, $ mn 67
Figure 26. Asia Pacific Commercial Drones Market by Software: Drone Mapping Software, 2022-2032, $ mn 68
Figure 27. Asia Pacific Commercial Drones Market by Software: Image Processing Software, 2022-2032, $ mn 69
Figure 28. Asia Pacific Commercial Drones Market by Software: Data Analytics Software, 2022-2032, $ mn 70
Figure 29. Asia Pacific Commercial Drones Market by Offering: Services, 2022-2032, $ mn 71
Figure 30. Breakdown of Asia Pacific Commercial Drones Market by Frame, 2022-2032, % of Sales Revenue 73
Figure 31. Asia Pacific Addressable Market Cap in 2023-2032 by Frame, Value ($ mn) and Share (%) 73
Figure 32. Breakdown of Asia Pacific Commercial Drones Market by Frame, 2022-2032, % of Sales Volume 75
Figure 33. Asia Pacific Addressable Market Cap in 2023-2032 by Frame, Sales Volume (thousand units) and Share (%) 75
Figure 34. Asia Pacific Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, $ mn 76
Figure 35. Asia Pacific Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, thousand units 77
Figure 36. Asia Pacific Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, $ mn 78
Figure 37. Asia Pacific Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, thousand units 79
Figure 38. Asia Pacific Commercial Drones Market by Frame: Nano Drones, 2022-2032, $ mn 80
Figure 39. Asia Pacific Commercial Drones Market by Frame: Nano Drones, 2022-2032, thousand units 81
Figure 40. Asia Pacific Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, $ mn 82
Figure 41. Asia Pacific Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, thousand units 83
Figure 42. Breakdown of Asia Pacific Commercial Drones Market by Payload, 2022-2032, % of Sales Revenue 85
Figure 43. Asia Pacific Addressable Market Cap in 2023-2032 by Payload, Value ($ mn) and Share (%) 85
Figure 44. Breakdown of Asia Pacific Commercial Drones Market by Payload, 2022-2032, % of Sales Volume 87
Figure 45. Asia Pacific Addressable Market Cap in 2023-2032 by Payload, Sales Volume (thousand units) and Share (%) 87
Figure 46. Asia Pacific Commercial Drones Market by Payload: <2 Kg, 2022-2032, $ mn 88
Figure 47. Asia Pacific Commercial Drones Market by Payload: <2 Kg, 2022-2032, thousand units 89
Figure 48. Asia Pacific Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, $ mn 90
Figure 49. Asia Pacific Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, thousand units 91
Figure 50. Asia Pacific Commercial Drones Market by Payload: >25 Kg, 2022-2032, $ mn 92
Figure 51. Asia Pacific Commercial Drones Market by Payload: >25 Kg, 2022-2032, thousand units 93
Figure 52. Breakdown of Asia Pacific Commercial Drones Market by Mode of Operation, 2022-2032, % of Revenue 95
Figure 53. Asia Pacific Addressable Market Cap in 2023-2032 by Mode of Operation, Value ($ mn) and Share (%) 95
Figure 54. Breakdown of Asia Pacific Commercial Drones Market by Mode of Operation, 2022-2032, % of Sales Volume 97
Figure 55. Asia Pacific Addressable Market Cap in 2023-2032 by Mode of Operation, Sales Volume (thousand units) and Share (%) 97
Figure 56. Asia Pacific Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, $ mn 98
Figure 57. Asia Pacific Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, thousand units 99
Figure 58. Asia Pacific Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, $ mn 100
Figure 59. Asia Pacific Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, thousand units 101
Figure 60. Asia Pacific Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, $ mn 102
Figure 61. Asia Pacific Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, thousand units 103
Figure 62. Breakdown of Asia Pacific Commercial Drones Market by Range, 2022-2032, % of Revenue 105
Figure 63. Asia Pacific Addressable Market Cap in 2023-2032 by Range, Value ($ mn) and Share (%) 105
Figure 64. Breakdown of Asia Pacific Commercial Drones Market by Range, 2022-2032, % of Sales Volume 107
Figure 65. Asia Pacific Addressable Market Cap in 2023-2032 by Range, Sales Volume (thousand units) and Share (%) 107
Figure 66. Asia Pacific Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, $ mn 108
Figure 67. Asia Pacific Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, thousand units 109
Figure 68. Asia Pacific Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, $ mn 110
Figure 69. Asia Pacific Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, thousand units 111
Figure 70. Asia Pacific Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, $ mn 112
Figure 71. Asia Pacific Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, thousand units 113
Figure 72. Breakdown of Asia Pacific Commercial Drones Market by Application, 2022-2032, % of Revenue 114
Figure 73. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 115
Figure 74. Breakdown of Asia Pacific Commercial Drones Market by Application, 2022-2032, % of Sales Volume 116
Figure 75. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Sales Volume (thousand units) and Share (%) 117
Figure 76. Asia Pacific Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, $ mn 118
Figure 77. Asia Pacific Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, thousand units 119
Figure 78. Asia Pacific Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, $ mn 120
Figure 79. Asia Pacific Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, thousand units 121
Figure 80. Asia Pacific Commercial Drones Market by Application: Product Delivery, 2022-2032, $ mn 122
Figure 81. Asia Pacific Commercial Drones Market by Application: Product Delivery, 2022-2032, thousand units 123
Figure 82. Asia Pacific Commercial Drones Market by Application: Filming & Photography, 2022-2032, $ mn 124
Figure 83. Asia Pacific Commercial Drones Market by Application: Filming & Photography, 2022-2032, thousand units 125
Figure 84. Asia Pacific Commercial Drones Market by Application: Precision Agriculture, 2022-2032, $ mn 126
Figure 85. Asia Pacific Commercial Drones Market by Application: Precision Agriculture, 2022-2032, thousand units 127
Figure 86. Asia Pacific Commercial Drones Market by Application: Search & Rescue, 2022-2032, $ mn 128
Figure 87. Asia Pacific Commercial Drones Market by Application: Search & Rescue, 2022-2032, thousand units 129
Figure 88. Asia Pacific Commercial Drones Market by Application: Other Applications, 2022-2032, $ mn 130
Figure 89. Asia Pacific Commercial Drones Market by Application: Other Applications, 2022-2032, thousand units 131
Figure 90. Breakdown of Asia Pacific Commercial Drones Market by Industry Vertical, 2022-2032, % of Revenue 133
Figure 91. Asia Pacific Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 133
Figure 92. Breakdown of Asia Pacific Commercial Drones Market by Industry Vertical, 2022-2032, % of Sales Volume 134
Figure 93. Asia Pacific Addressable Market Cap in 2023-2032 by Industry Vertical, Sales Volume (thousand units) and Share (%) 135
Figure 94. Asia Pacific Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, $ mn 136
Figure 95. Asia Pacific Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, thousand units 137
Figure 96. Asia Pacific Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, $ mn 138
Figure 97. Asia Pacific Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, thousand units 139
Figure 98. Asia Pacific Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, $ mn 140
Figure 99. Asia Pacific Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, thousand units 141
Figure 100. Asia Pacific Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, $ mn 142
Figure 101. Asia Pacific Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, thousand units 143
Figure 102. Asia Pacific Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, $ mn 144
Figure 103. Asia Pacific Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, thousand units 145
Figure 104. Asia Pacific Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, $ mn 146
Figure 105. Asia Pacific Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, thousand units 147
Figure 106. Asia Pacific Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn 148
Figure 107. Asia Pacific Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, thousand units 149
Figure 108. Asia Pacific Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, $ mn 150
Figure 109. Asia Pacific Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, thousand units 151
Figure 110. Asia Pacific Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, $ mn 152
Figure 111. Asia Pacific Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, thousand units 153
Figure 112. Asia Pacific Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, $ mn 154
Figure 113. Asia Pacific Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, thousand units 155
Figure 114. Breakdown of APAC Commercial Drones Market by Country, 2022 and 2032, % of Revenue 157
Figure 115. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 158
Figure 116. Breakdown of APAC Commercial Drones Market by Country, 2022 and 2032, % of Shipment 159
Figure 117. Contribution to APAC 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 160
Figure 118. Commercial Drones Market in Japan, 2022-2032, $ mn 162
Figure 119. Commercial Drones Market in China, 2022-2032, $ mn 164
Figure 120. Commercial Drones Market in Australia, 2022-2032, $ mn 166
Figure 121. Commercial Drones Market in India, 2022-2032, $ mn 168
Figure 122. Commercial Drones Market in South Korea, 2022-2032, $ mn 170
Figure 123. Commercial Drones Market in Rest of APAC, 2022-2032, $ mn 172
Figure 124. Growth Stage of Asia Pacific Commercial Drones Industry over the Forecast Period 174
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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| Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
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| Total Market |
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