Europe 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
Europe commercial drones market was valued at $2.11 billion in 2022 and will grow by 14.2% annually over 2022-2032, 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 47 tables and 125 figures, this 207-page report “Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
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 11
1.1 Industry Definition and Research Scope 11
1.1.1 Industry Definition 11
1.1.2 Research Scope 12
1.2 Research Methodology 15
1.2.1 Overview of Market Research Methodology 15
1.2.2 Market Assumption 16
1.2.3 Secondary Data 16
1.2.4 Primary Data 16
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 26
2.1.2 Impact of COVID-19 on the Market 29
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 31
2.2 Major Growth Drivers 35
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 44
2.5 Porter’s Fiver Forces Analysis 48
3 Segmentation of Europe Market by Offering 52
3.1 Market Overview by Offering 52
3.2 Hardware 54
3.2.1 Frame 56
3.2.2 Payloads 57
3.2.3 Avionics 58
3.2.4 Propulsion 60
3.2.5 Data Links 61
3.2.6 Other Systems 62
3.3 Software 63
3.3.1 Flight Management Software 65
3.3.2 Data Management Software 66
3.3.3 Drone Mapping Software 67
3.3.4 Image Processing Software 68
3.3.5 Data Analytics Software 69
3.4 Services 70
4 Segmentation of Europe Market by Frame 71
4.1 Market Overview by Frame 71
4.2 Fixed Wing Drones 75
4.3 Rotary Blade Drones 77
4.4 Nano Drones 79
4.5 Hybrid Drones 81
5 Segmentation of Europe Market by Payload 83
5.1 Market Overview by Payload 83
5.2 <2 Kg 87
5.3 2 Kg-25 Kg 89
5.4 >25 Kg 91
6 Segmentation of Europe Market by Mode of Operation 93
6.1 Market Overview by Mode of Operation 93
6.2 Remotely Operated 97
6.3 Semi-Autonomous 99
6.4 Fully-Autonomous 101
7 Segmentation of Europe Market by Range 103
7.1 Market Overview by Range 103
7.2 Visual Line of Sight (VLOS) 107
7.3 Extended Visual Line of Sight (EVLOS) 109
7.4 Beyond Line of Sight (BLOS) 111
8 Segmentation of Europe Market by Application 113
8.1 Market Overview by Application 113
8.2 Inspection & Monitoring 117
8.3 Surveying and Mapping 119
8.4 Product Delivery 121
8.5 Filming & Photography 123
8.6 Precision Agriculture 125
8.7 Search & Rescue 127
8.8 Other Applications 129
9 Segmentation of Europe Market by Industry Vertical 131
9.1 Market Overview by Industry Vertical 131
9.2 Agriculture 135
9.3 Real Estate and Construction 137
9.4 Insurance Industry 139
9.5 Energy Sector 141
9.6 Industry and Manufacture 143
9.7 Logistics and Retail 145
9.8 Media and Entertainment 147
9.9 Disaster and Emergency Response 149
9.10 Environmental Monitoring 151
9.11 Other Verticals 153
10 European Market 2022-2032 by Country 155
10.1 Overview of European Market 155
10.2 Germany 160
10.3 U.K. 162
10.4 France 164
10.5 Spain 166
10.6 Italy 168
10.7 Russia 170
10.8 Rest of European Market 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 Europe Commercial Drones Market in Balanced Perspective, 2022-2032 21
Table 2. World Economic Outlook, 2021-2031 27
Table 3. World Economic Outlook, 2021-2023 28
Table 4. Scenarios for Economic Impact of Ukraine Crisis 32
Table 5. Regulatory Body by Country 42
Table 6. Main Product Trends and Market Opportunities in Europe Commercial Drones Market 44
Table 7. Europe Commercial Drones Market by Offering, 2022-2032, $ mn 52
Table 8. Europe Commercial Drones Market: Hardware by System, 2022-2032, $ mn 55
Table 9. Europe Commercial Drones Market: Avionics by Type, 2022-2032, $ mn 59
Table 10. Europe Commercial Drones Market: Propulsion by Type, 2022-2032, $ mn 60
Table 11. Europe Commercial Drones Market: Software by Type, 2022-2032, $ mn 64
Table 12. Europe Commercial Drones Market by Frame, 2022-2032, $ mn 71
Table 13. Europe Commercial Drones Market by Frame, 2022-2032, thousand units 73
Table 14. Europe Commercial Drones Market by Payload, 2022-2032, $ mn 83
Table 15. Europe Commercial Drones Market by Payload, 2022-2032, thousand units 85
Table 16. Europe Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 93
Table 17. Europe Commercial Drones Market by Mode of Operation, 2022-2032, thousand units 95
Table 18. Europe Commercial Drones Market by Range, 2022-2032, $ mn 103
Table 19. Europe Commercial Drones Market by Range, 2022-2032, thousand units 105
Table 20. Europe Commercial Drones Market by Application, 2022-2032, $ mn 113
Table 21. Europe Commercial Drones Market by Application, 2022-2032, thousand units 115
Table 22. Europe Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 131
Table 23. Europe Commercial Drones Market by Industry Vertical, 2022-2032, thousand units 133
Table 24. Europe Commercial Drones Market by Country, 2022-2032, $ mn 157
Table 25. Europe Commercial Drones Market by Country, 2022-2032, thousand units 159
Table 26. Germany Commercial Drones Market by Frame, 2022-2032, $ mn 161
Table 27. Germany Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 161
Table 28. Germany Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 161
Table 29. U.K. Commercial Drones Market by Frame, 2022-2032, $ mn 163
Table 30. U.K. Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 163
Table 31. U.K. Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 163
Table 32. France Commercial Drones Market by Frame, 2022-2032, $ mn 165
Table 33. France Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 165
Table 34. France Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 165
Table 35. Spain Commercial Drones Market by Frame, 2022-2032, $ mn 167
Table 36. Spain Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 167
Table 37. Spain Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 167
Table 38. Italy Commercial Drones Market by Frame, 2022-2032, $ mn 169
Table 39. Italy Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 169
Table 40. Italy Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 169
Table 41. Russia Commercial Drones Market by Frame, 2022-2032, $ mn 171
Table 42. Russia Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 171
Table 43. Russia Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 171
Table 44. Commercial Drones Market in Rest of Europe by Country, 2022-2032, $ mn 173
Table 45. Aeronautics: Company Snapshot 178
Table 46. Aeronautics: Business Segmentation 179
Table 47. Aeronautics: Product Portfolio 179List of Figures:
Figure 1. Research Method Flow Chart 15
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 20
Figure 4. Industry Value Chain Analysis 23
Figure 5. Europe Commercial Drones Market, 2022-2032, $ mn 24
Figure 6. Europe Commercial Drones Market, 2022-2032, thousand units 25
Figure 7. Impact of COVID-19 on Business 29
Figure 8. Primary Drivers and Impact Factors of Europe Commercial Drones Market 35
Figure 9. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million 38
Figure 10. World Construction Industry, 2019-2030, $ trillion 38
Figure 11. Primary Restraints and Impact Factors of Europe Commercial Drones Market 39
Figure 12. Investment Opportunity Analysis 45
Figure 13. Porter’s Fiver Forces Analysis of Europe Commercial Drones Market 48
Figure 14. Breakdown of Europe Commercial Drones Market by Offering, 2022-2032, % of Revenue 53
Figure 15. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 53
Figure 16. Europe Commercial Drones Market by Offering: Hardware, 2022-2032, $ mn 54
Figure 17. Europe Commercial Drones Market by Hardware: Frame, 2022-2032, $ mn 56
Figure 18. Europe Commercial Drones Market by Hardware: Payloads, 2022-2032, $ mn 57
Figure 19. Europe Commercial Drones Market by Hardware: Avionics, 2022-2032, $ mn 58
Figure 20. Europe Commercial Drones Market by Hardware: Propulsion, 2022-2032, $ mn 60
Figure 21. Europe Commercial Drones Market by Hardware: Data Links, 2022-2032, $ mn 61
Figure 22. Europe Commercial Drones Market by Hardware: Other Systems, 2022-2032, $ mn 62
Figure 23. Europe Commercial Drones Market by Offering: Software, 2022-2032, $ mn 63
Figure 24. Europe Commercial Drones Market by Software: Flight Management Software, 2022-2032, $ mn 65
Figure 25. Europe Commercial Drones Market by Software: Data Management Software, 2022-2032, $ mn 66
Figure 26. Europe Commercial Drones Market by Software: Drone Mapping Software, 2022-2032, $ mn 67
Figure 27. Europe Commercial Drones Market by Software: Image Processing Software, 2022-2032, $ mn 68
Figure 28. Europe Commercial Drones Market by Software: Data Analytics Software, 2022-2032, $ mn 69
Figure 29. Europe Commercial Drones Market by Offering: Services, 2022-2032, $ mn 70
Figure 30. Breakdown of Europe Commercial Drones Market by Frame, 2022-2032, % of Sales Revenue 72
Figure 31. Europe Addressable Market Cap in 2023-2032 by Frame, Value ($ mn) and Share (%) 72
Figure 32. Breakdown of Europe Commercial Drones Market by Frame, 2022-2032, % of Sales Volume 74
Figure 33. Europe Addressable Market Cap in 2023-2032 by Frame, Sales Volume (thousand units) and Share (%) 74
Figure 34. Europe Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, $ mn 75
Figure 35. Europe Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, thousand units 76
Figure 36. Europe Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, $ mn 77
Figure 37. Europe Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, thousand units 78
Figure 38. Europe Commercial Drones Market by Frame: Nano Drones, 2022-2032, $ mn 79
Figure 39. Europe Commercial Drones Market by Frame: Nano Drones, 2022-2032, thousand units 80
Figure 40. Europe Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, $ mn 81
Figure 41. Europe Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, thousand units 82
Figure 42. Breakdown of Europe Commercial Drones Market by Payload, 2022-2032, % of Sales Revenue 84
Figure 43. Europe Addressable Market Cap in 2023-2032 by Payload, Value ($ mn) and Share (%) 84
Figure 44. Breakdown of Europe Commercial Drones Market by Payload, 2022-2032, % of Sales Volume 86
Figure 45. Europe Addressable Market Cap in 2023-2032 by Payload, Sales Volume (thousand units) and Share (%) 86
Figure 46. Europe Commercial Drones Market by Payload: <2 Kg, 2022-2032, $ mn 87
Figure 47. Europe Commercial Drones Market by Payload: <2 Kg, 2022-2032, thousand units 88
Figure 48. Europe Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, $ mn 89
Figure 49. Europe Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, thousand units 90
Figure 50. Europe Commercial Drones Market by Payload: >25 Kg, 2022-2032, $ mn 91
Figure 51. Europe Commercial Drones Market by Payload: >25 Kg, 2022-2032, thousand units 92
Figure 52. Breakdown of Europe Commercial Drones Market by Mode of Operation, 2022-2032, % of Revenue 94
Figure 53. Europe Addressable Market Cap in 2023-2032 by Mode of Operation, Value ($ mn) and Share (%) 94
Figure 54. Breakdown of Europe Commercial Drones Market by Mode of Operation, 2022-2032, % of Sales Volume 96
Figure 55. Europe Addressable Market Cap in 2023-2032 by Mode of Operation, Sales Volume (thousand units) and Share (%) 96
Figure 56. Europe Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, $ mn 97
Figure 57. Europe Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, thousand units 98
Figure 58. Europe Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, $ mn 99
Figure 59. Europe Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, thousand units 100
Figure 60. Europe Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, $ mn 101
Figure 61. Europe Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, thousand units 102
Figure 62. Breakdown of Europe Commercial Drones Market by Range, 2022-2032, % of Revenue 104
Figure 63. Europe Addressable Market Cap in 2023-2032 by Range, Value ($ mn) and Share (%) 104
Figure 64. Breakdown of Europe Commercial Drones Market by Range, 2022-2032, % of Sales Volume 106
Figure 65. Europe Addressable Market Cap in 2023-2032 by Range, Sales Volume (thousand units) and Share (%) 106
Figure 66. Europe Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, $ mn 107
Figure 67. Europe Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, thousand units 108
Figure 68. Europe Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, $ mn 109
Figure 69. Europe Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, thousand units 110
Figure 70. Europe Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, $ mn 111
Figure 71. Europe Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, thousand units 112
Figure 72. Breakdown of Europe Commercial Drones Market by Application, 2022-2032, % of Revenue 113
Figure 73. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 114
Figure 74. Breakdown of Europe Commercial Drones Market by Application, 2022-2032, % of Sales Volume 115
Figure 75. Europe Addressable Market Cap in 2023-2032 by Application, Sales Volume (thousand units) and Share (%) 116
Figure 76. Europe Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, $ mn 117
Figure 77. Europe Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, thousand units 118
Figure 78. Europe Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, $ mn 119
Figure 79. Europe Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, thousand units 120
Figure 80. Europe Commercial Drones Market by Application: Product Delivery, 2022-2032, $ mn 121
Figure 81. Europe Commercial Drones Market by Application: Product Delivery, 2022-2032, thousand units 122
Figure 82. Europe Commercial Drones Market by Application: Filming & Photography, 2022-2032, $ mn 123
Figure 83. Europe Commercial Drones Market by Application: Filming & Photography, 2022-2032, thousand units 124
Figure 84. Europe Commercial Drones Market by Application: Precision Agriculture, 2022-2032, $ mn 125
Figure 85. Europe Commercial Drones Market by Application: Precision Agriculture, 2022-2032, thousand units 126
Figure 86. Europe Commercial Drones Market by Application: Search & Rescue, 2022-2032, $ mn 127
Figure 87. Europe Commercial Drones Market by Application: Search & Rescue, 2022-2032, thousand units 128
Figure 88. Europe Commercial Drones Market by Application: Other Applications, 2022-2032, $ mn 129
Figure 89. Europe Commercial Drones Market by Application: Other Applications, 2022-2032, thousand units 130
Figure 90. Breakdown of Europe Commercial Drones Market by Industry Vertical, 2022-2032, % of Revenue 132
Figure 91. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 132
Figure 92. Breakdown of Europe Commercial Drones Market by Industry Vertical, 2022-2032, % of Sales Volume 133
Figure 93. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Sales Volume (thousand units) and Share (%) 134
Figure 94. Europe Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, $ mn 135
Figure 95. Europe Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, thousand units 136
Figure 96. Europe Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, $ mn 137
Figure 97. Europe Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, thousand units 138
Figure 98. Europe Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, $ mn 139
Figure 99. Europe Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, thousand units 140
Figure 100. Europe Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, $ mn 141
Figure 101. Europe Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, thousand units 142
Figure 102. Europe Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, $ mn 143
Figure 103. Europe Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, thousand units 144
Figure 104. Europe Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, $ mn 145
Figure 105. Europe Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, thousand units 146
Figure 106. Europe Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn 147
Figure 107. Europe Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, thousand units 148
Figure 108. Europe Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, $ mn 149
Figure 109. Europe Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, thousand units 150
Figure 110. Europe Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, $ mn 151
Figure 111. Europe Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, thousand units 152
Figure 112. Europe Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, $ mn 153
Figure 113. Europe Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, thousand units 154
Figure 114. Breakdown of European Commercial Drones Market by Country, 2022 and 2032, % of Revenue 156
Figure 115. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 157
Figure 116. Breakdown of European Commercial Drones Market by Country, 2022 and 2032, % of Shipment 158
Figure 117. Contribution to Europe 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 159
Figure 118. Commercial Drones Market in Germany, 2022-2032, $ mn 160
Figure 119. Commercial Drones Market in U.K., 2022-2032, $ mn 162
Figure 120. Commercial Drones Market in France, 2022-2032, $ mn 164
Figure 121. Commercial Drones Market in Spain, 2022-2032, $ mn 166
Figure 122. Commercial Drones Market in Italy, 2022-2032, $ mn 168
Figure 123. Commercial Drones Market in Russia, 2022-2032, $ mn 170
Figure 124. Commercial Drones Market in Rest of Europe, 2022-2032, $ mn 172
Figure 125. Growth Stage of Europe 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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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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