Global 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 Region: Trend Forecast and Growth Opportunity
Global commercial drones market will reach $47.43 billion by 2032, growing by 15.3% 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). The annual shipment is expected to grow by 22.2% annually over the forecast years.
Highlighted with 101 tables and 172 figures, this 274-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global commercial drones market in every aspect of the classification from perspectives of Offering, Frame, Payload, Mode of Operation, Range, Application, Industry Vertical, and Region.
Based on Offering, the global 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 global 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 global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Qatar, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market 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 13
1.1 Industry Definition and Research Scope 13
1.1.1 Industry Definition 13
1.1.2 Research Scope 14
1.2 Research Methodology 17
1.2.1 Overview of Market Research Methodology 17
1.2.2 Market Assumption 18
1.2.3 Secondary Data 18
1.2.4 Primary Data 18
1.2.5 Data Filtration and Model Design 19
1.2.6 Market Size/Share Estimation 20
1.2.7 Research Limitations 21
1.3 Executive Summary 22
2 Market Overview and Dynamics 25
2.1 Market Size and Forecast 25
2.1.1 Impact of COVID-19 on World Economy 28
2.1.2 Impact of COVID-19 on the Market 31
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 33
2.2 Major Growth Drivers 37
2.3 Market Restraints and Challenges 41
2.4 Emerging Opportunities and Market Trends 46
2.5 Porter’s Fiver Forces Analysis 50
3 Segmentation of Global Market by Offering 54
3.1 Market Overview by Offering 54
3.2 Hardware 56
3.2.1 Frame 58
3.2.2 Payloads 59
3.2.3 Avionics 60
3.2.4 Propulsion 62
3.2.5 Data Links 63
3.2.6 Other Systems 64
3.3 Software 65
3.3.1 Flight Management Software 67
3.3.2 Data Management Software 68
3.3.3 Drone Mapping Software 69
3.3.4 Image Processing Software 70
3.3.5 Data Analytics Software 71
3.4 Services 72
4 Segmentation of Global Market by Frame 73
4.1 Market Overview by Frame 73
4.2 Fixed Wing Drones 77
4.3 Rotary Blade Drones 79
4.4 Nano Drones 81
4.5 Hybrid Drones 83
5 Segmentation of Global Market by Payload 85
5.1 Market Overview by Payload 85
5.2 <2 Kg 89
5.3 2 Kg-25 Kg 91
5.4 >25 Kg 93
6 Segmentation of Global Market by Mode of Operation 95
6.1 Market Overview by Mode of Operation 95
6.2 Remotely Operated 99
6.3 Semi-Autonomous 101
6.4 Fully-Autonomous 103
7 Segmentation of Global Market by Range 105
7.1 Market Overview by Range 105
7.2 Visual Line of Sight (VLOS) 109
7.3 Extended Visual Line of Sight (EVLOS) 111
7.4 Beyond Line of Sight (BLOS) 113
8 Segmentation of Global Market by Application 115
8.1 Market Overview by Application 115
8.2 Inspection & Monitoring 119
8.3 Surveying and Mapping 121
8.4 Product Delivery 123
8.5 Filming & Photography 125
8.6 Precision Agriculture 127
8.7 Search & Rescue 129
8.8 Other Applications 131
9 Segmentation of Global Market by Industry Vertical 133
9.1 Market Overview by Industry Vertical 133
9.2 Agriculture 137
9.3 Real Estate and Construction 139
9.4 Insurance Industry 141
9.5 Energy Sector 143
9.6 Industry and Manufacture 145
9.7 Logistics and Retail 147
9.8 Media and Entertainment 149
9.9 Disaster and Emergency Response 151
9.10 Environmental Monitoring 153
9.11 Other Verticals 155
10 Segmentation of Global Market by Region 157
10.1 Geographic Market Overview 2022-2032 157
10.2 North America Market 2022-2032 by Country 163
10.2.1 Overview of North America Market 163
10.2.2 U.S. 169
10.2.3 Canada 172
10.2.4 Mexico 174
10.3 European Market 2022-2032 by Country 176
10.3.1 Overview of European Market 176
10.3.2 Germany 182
10.3.3 U.K. 184
10.3.4 France 186
10.3.5 Spain 188
10.3.6 Italy 190
10.3.7 Russia 192
10.3.8 Rest of European Market 194
10.4 Asia-Pacific Market 2022-2032 by Country 196
10.4.1 Overview of Asia-Pacific Market 196
10.4.2 Japan 202
10.4.3 China 205
10.4.4 Australia 207
10.4.5 India 209
10.4.6 South Korea 211
10.4.7 Rest of APAC Region 213
10.5 South America Market 2022-2032 by Country 215
10.5.1 Argentina 221
10.5.2 Brazil 223
10.5.3 Chile 225
10.5.4 Rest of South America Market 227
10.6 MEA Market 2022-2032 by Country 228
10.6.1 UAE 234
10.6.2 Saudi Arabia 236
10.6.3 Qatar 238
10.6.4 Other National Markets 240
11 Competitive Landscape 241
11.1 Overview of Key Vendors 241
11.2 New Product Launch, Partnership, Investment, and M&A 244
11.3 Company Profiles 245
Aeronautics 245
Aeronavics Ltd. 247
Airbus S.A.S 248
Autel Robotics Co., Ltd. 249
BAE Systems 250
CybAero AB 251
Dassault Aviation 252
Delta Drone 253
Draganfly Inc. 254
Drone Volt SA 255
DroneDeploy Inc. 256
Ehang Holdings Limited 257
Elbit Systems Ltd. 258
General Atomics Aeronautical Systems, Inc. 259
Insitu Inc. 260
Israel Aerospace Industries Ltd. 261
Lockheed Martin Corporation 262
Northrop Grumman Corporation 263
Parrot Drones S.A.S 264
PrecisionHawk Inc. 265
Saab AB 266
SurveyCopter 267
SZ DJI Technology Co., Ltd. 268
Teledyne FLIR LLC (Teledyne Technologies Incorporated) 269
Textron, Inc. 270
Thales Group 271
The Boeing Company 272
Yuneec International Co., Ltd. 273
RELATED REPORTS 274
List of Tables:
Table 1. Snapshot of Global Commercial Drones Market in Balanced Perspective, 2022-2032 23
Table 2. World Economic Outlook, 2021-2031 29
Table 3. World Economic Outlook, 2021-2023 30
Table 4. Scenarios for Economic Impact of Ukraine Crisis 34
Table 5. Regulatory Body by Country 44
Table 6. Main Product Trends and Market Opportunities in Global Commercial Drones Market 46
Table 7. Global Commercial Drones Market by Offering, 2022-2032, $ mn 54
Table 8. Global Commercial Drones Market: Hardware by System, 2022-2032, $ mn 57
Table 9. Global Commercial Drones Market: Avionics by Type, 2022-2032, $ mn 61
Table 10. Global Commercial Drones Market: Propulsion by Type, 2022-2032, $ mn 62
Table 11. Global Commercial Drones Market: Software by Type, 2022-2032, $ mn 66
Table 12. Global Commercial Drones Market by Frame, 2022-2032, $ mn 73
Table 13. Global Commercial Drones Market by Frame, 2022-2032, thousand units 75
Table 14. Global Commercial Drones Market by Payload, 2022-2032, $ mn 85
Table 15. Global Commercial Drones Market by Payload, 2022-2032, thousand units 87
Table 16. Global Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 95
Table 17. Global Commercial Drones Market by Mode of Operation, 2022-2032, thousand units 97
Table 18. Global Commercial Drones Market by Range, 2022-2032, $ mn 105
Table 19. Global Commercial Drones Market by Range, 2022-2032, thousand units 107
Table 20. Global Commercial Drones Market by Application, 2022-2032, $ mn 115
Table 21. Global Commercial Drones Market by Application, 2022-2032, thousand units 117
Table 22. Global Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 133
Table 23. Global Commercial Drones Market by Industry Vertical, 2022-2032, thousand units 135
Table 24. Global Commercial Drones Market by Region, 2022-2032, $ mn 158
Table 25. Global Commercial Drones Market by Region, 2022-2032, thousand units 160
Table 26. Leading National Commercial Drones Market, 2022 and 2032, $ mn 162
Table 27. North America Commercial Drones Market by Country, 2022-2032, $ mn 165
Table 28. North America Commercial Drones Market by Country, 2022-2032, thousand units 167
Table 29. U.S. Commercial Drones Market by Frame, 2022-2032, $ mn 171
Table 30. U.S. Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 171
Table 31. U.S. Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 171
Table 32. Canada Commercial Drones Market by Frame, 2022-2032, $ mn 173
Table 33. Canada Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 173
Table 34. Canada Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 173
Table 35. Mexico Commercial Drones Market by Frame, 2022-2032, $ mn 175
Table 36. Mexico Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 175
Table 37. Mexico Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 175
Table 38. Europe Commercial Drones Market by Country, 2022-2032, $ mn 179
Table 39. Europe Commercial Drones Market by Country, 2022-2032, thousand units 181
Table 40. Germany Commercial Drones Market by Frame, 2022-2032, $ mn 183
Table 41. Germany Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 183
Table 42. Germany Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 183
Table 43. U.K. Commercial Drones Market by Frame, 2022-2032, $ mn 185
Table 44. U.K. Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 185
Table 45. U.K. Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 185
Table 46. France Commercial Drones Market by Frame, 2022-2032, $ mn 187
Table 47. France Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 187
Table 48. France Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 187
Table 49. Spain Commercial Drones Market by Frame, 2022-2032, $ mn 189
Table 50. Spain Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 189
Table 51. Spain Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 189
Table 52. Italy Commercial Drones Market by Frame, 2022-2032, $ mn 191
Table 53. Italy Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 191
Table 54. Italy Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 191
Table 55. Russia Commercial Drones Market by Frame, 2022-2032, $ mn 193
Table 56. Russia Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 193
Table 57. Russia Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 193
Table 58. Commercial Drones Market in Rest of Europe by Country, 2022-2032, $ mn 195
Table 59. APAC Commercial Drones Market by Country, 2022-2032, $ mn 198
Table 60. APAC Commercial Drones Market by Country, 2022-2032, thousand units 200
Table 61. Japan Commercial Drones Market by Frame, 2022-2032, $ mn 204
Table 62. Japan Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 204
Table 63. Japan Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 204
Table 64. China Commercial Drones Market by Frame, 2022-2032, $ mn 206
Table 65. China Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 206
Table 66. China Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 206
Table 67. Australia Commercial Drones Market by Frame, 2022-2032, $ mn 208
Table 68. Australia Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 208
Table 69. Australia Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 208
Table 70. India Commercial Drones Market by Frame, 2022-2032, $ mn 210
Table 71. India Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 210
Table 72. India Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 210
Table 73. South Korea Commercial Drones Market by Frame, 2022-2032, $ mn 212
Table 74. South Korea Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 212
Table 75. South Korea Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 212
Table 76. Commercial Drones Market in Rest of APAC by Country/Region, 2022-2032, $ mn 214
Table 77. South America Commercial Drones Market by Country, 2022-2032, $ mn 218
Table 78. South America Commercial Drones Market by Country, 2022-2032, thousand units 220
Table 79. Argentina Commercial Drones Market by Frame, 2022-2032, $ mn 222
Table 80. Argentina Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 222
Table 81. Argentina Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 222
Table 82. Brazil Commercial Drones Market by Frame, 2022-2032, $ mn 224
Table 83. Brazil Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 224
Table 84. Brazil Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 224
Table 85. Chile Commercial Drones Market by Frame, 2022-2032, $ mn 226
Table 86. Chile Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 226
Table 87. Chile Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 226
Table 88. MEA Commercial Drones Market by Country, 2022-2032, $ mn 230
Table 89. MEA Commercial Drones Market by Country, 2022-2032, thousand units 232
Table 90. UAE Commercial Drones Market by Frame, 2022-2032, $ mn 235
Table 91. UAE Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 235
Table 92. UAE Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 235
Table 93. Saudi Arabia Commercial Drones Market by Frame, 2022-2032, $ mn 237
Table 94. Saudi Arabia Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 237
Table 95. Saudi Arabia Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 237
Table 96. Qatar Commercial Drones Market by Frame, 2022-2032, $ mn 239
Table 97. Qatar Commercial Drones Market by Mode of Operation, 2022-2032, $ mn 239
Table 98. Qatar Commercial Drones Market by Industry Vertical, 2022-2032, $ mn 239
Table 99. Aeronautics: Company Snapshot 245
Table 100. Aeronautics: Business Segmentation 246
Table 101. Aeronautics: Product Portfolio 246List of Figures:
Figure 1. Research Method Flow Chart 17
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 20
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 22
Figure 4. Industry Value Chain Analysis 25
Figure 5. Global Commercial Drones Market, 2022-2032, $ mn 26
Figure 6. Global Commercial Drones Market, 2022-2032, thousand units 27
Figure 7. Impact of COVID-19 on Business 31
Figure 8. Primary Drivers and Impact Factors of Global Commercial Drones Market 37
Figure 9. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million 40
Figure 10. World Construction Industry, 2019-2030, $ trillion 40
Figure 11. Primary Restraints and Impact Factors of Global Commercial Drones Market 41
Figure 12. Investment Opportunity Analysis 47
Figure 13. Porter’s Fiver Forces Analysis of Global Commercial Drones Market 50
Figure 14. Breakdown of Global Commercial Drones Market by Offering, 2022-2032, % of Revenue 55
Figure 15. Global Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 55
Figure 16. Global Commercial Drones Market by Offering: Hardware, 2022-2032, $ mn 56
Figure 17. Global Commercial Drones Market by Hardware: Frame, 2022-2032, $ mn 58
Figure 18. Global Commercial Drones Market by Hardware: Payloads, 2022-2032, $ mn 59
Figure 19. Global Commercial Drones Market by Hardware: Avionics, 2022-2032, $ mn 60
Figure 20. Global Commercial Drones Market by Hardware: Propulsion, 2022-2032, $ mn 62
Figure 21. Global Commercial Drones Market by Hardware: Data Links, 2022-2032, $ mn 63
Figure 22. Global Commercial Drones Market by Hardware: Other Systems, 2022-2032, $ mn 64
Figure 23. Global Commercial Drones Market by Offering: Software, 2022-2032, $ mn 65
Figure 24. Global Commercial Drones Market by Software: Flight Management Software, 2022-2032, $ mn 67
Figure 25. Global Commercial Drones Market by Software: Data Management Software, 2022-2032, $ mn 68
Figure 26. Global Commercial Drones Market by Software: Drone Mapping Software, 2022-2032, $ mn 69
Figure 27. Global Commercial Drones Market by Software: Image Processing Software, 2022-2032, $ mn 70
Figure 28. Global Commercial Drones Market by Software: Data Analytics Software, 2022-2032, $ mn 71
Figure 29. Global Commercial Drones Market by Offering: Services, 2022-2032, $ mn 72
Figure 30. Breakdown of Global Commercial Drones Market by Frame, 2022-2032, % of Sales Revenue 74
Figure 31. Global Addressable Market Cap in 2023-2032 by Frame, Value ($ mn) and Share (%) 74
Figure 32. Breakdown of Global Commercial Drones Market by Frame, 2022-2032, % of Sales Volume 76
Figure 33. Global Addressable Market Cap in 2023-2032 by Frame, Sales Volume (thousand units) and Share (%) 76
Figure 34. Global Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, $ mn 77
Figure 35. Global Commercial Drones Market by Frame: Fixed Wing Drones, 2022-2032, thousand units 78
Figure 36. Global Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, $ mn 79
Figure 37. Global Commercial Drones Market by Frame: Rotary Blade Drones, 2022-2032, thousand units 80
Figure 38. Global Commercial Drones Market by Frame: Nano Drones, 2022-2032, $ mn 81
Figure 39. Global Commercial Drones Market by Frame: Nano Drones, 2022-2032, thousand units 82
Figure 40. Global Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, $ mn 83
Figure 41. Global Commercial Drones Market by Frame: Hybrid Drones, 2022-2032, thousand units 84
Figure 42. Breakdown of Global Commercial Drones Market by Payload, 2022-2032, % of Sales Revenue 86
Figure 43. Global Addressable Market Cap in 2023-2032 by Payload, Value ($ mn) and Share (%) 86
Figure 44. Breakdown of Global Commercial Drones Market by Payload, 2022-2032, % of Sales Volume 88
Figure 45. Global Addressable Market Cap in 2023-2032 by Payload, Sales Volume (thousand units) and Share (%) 88
Figure 46. Global Commercial Drones Market by Payload: <2 Kg, 2022-2032, $ mn 89
Figure 47. Global Commercial Drones Market by Payload: <2 Kg, 2022-2032, thousand units 90
Figure 48. Global Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, $ mn 91
Figure 49. Global Commercial Drones Market by Payload: 2 Kg-25 Kg, 2022-2032, thousand units 92
Figure 50. Global Commercial Drones Market by Payload: >25 Kg, 2022-2032, $ mn 93
Figure 51. Global Commercial Drones Market by Payload: >25 Kg, 2022-2032, thousand units 94
Figure 52. Breakdown of Global Commercial Drones Market by Mode of Operation, 2022-2032, % of Revenue 96
Figure 53. Global Addressable Market Cap in 2023-2032 by Mode of Operation, Value ($ mn) and Share (%) 96
Figure 54. Breakdown of Global Commercial Drones Market by Mode of Operation, 2022-2032, % of Sales Volume 98
Figure 55. Global Addressable Market Cap in 2023-2032 by Mode of Operation, Sales Volume (thousand units) and Share (%) 98
Figure 56. Global Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, $ mn 99
Figure 57. Global Commercial Drones Market by Mode of Operation: Remotely Operated, 2022-2032, thousand units 100
Figure 58. Global Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, $ mn 101
Figure 59. Global Commercial Drones Market by Mode of Operation: Semi-Autonomous, 2022-2032, thousand units 102
Figure 60. Global Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, $ mn 103
Figure 61. Global Commercial Drones Market by Mode of Operation: Fully-Autonomous, 2022-2032, thousand units 104
Figure 62. Breakdown of Global Commercial Drones Market by Range, 2022-2032, % of Revenue 106
Figure 63. Global Addressable Market Cap in 2023-2032 by Range, Value ($ mn) and Share (%) 106
Figure 64. Breakdown of Global Commercial Drones Market by Range, 2022-2032, % of Sales Volume 108
Figure 65. Global Addressable Market Cap in 2023-2032 by Range, Sales Volume (thousand units) and Share (%) 108
Figure 66. Global Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, $ mn 109
Figure 67. Global Commercial Drones Market by Range: Visual Line of Sight (VLOS), 2022-2032, thousand units 110
Figure 68. Global Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, $ mn 111
Figure 69. Global Commercial Drones Market by Range: Extended Visual Line of Sight (EVLOS), 2022-2032, thousand units 112
Figure 70. Global Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, $ mn 113
Figure 71. Global Commercial Drones Market by Range: Beyond Line of Sight (BLOS), 2022-2032, thousand units 114
Figure 72. Breakdown of Global Commercial Drones Market by Application, 2022-2032, % of Revenue 115
Figure 73. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 116
Figure 74. Breakdown of Global Commercial Drones Market by Application, 2022-2032, % of Sales Volume 117
Figure 75. Global Addressable Market Cap in 2023-2032 by Application, Sales Volume (thousand units) and Share (%) 118
Figure 76. Global Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, $ mn 119
Figure 77. Global Commercial Drones Market by Application: Inspection & Monitoring, 2022-2032, thousand units 120
Figure 78. Global Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, $ mn 121
Figure 79. Global Commercial Drones Market by Application: Surveying and Mapping, 2022-2032, thousand units 122
Figure 80. Global Commercial Drones Market by Application: Product Delivery, 2022-2032, $ mn 123
Figure 81. Global Commercial Drones Market by Application: Product Delivery, 2022-2032, thousand units 124
Figure 82. Global Commercial Drones Market by Application: Filming & Photography, 2022-2032, $ mn 125
Figure 83. Global Commercial Drones Market by Application: Filming & Photography, 2022-2032, thousand units 126
Figure 84. Global Commercial Drones Market by Application: Precision Agriculture, 2022-2032, $ mn 127
Figure 85. Global Commercial Drones Market by Application: Precision Agriculture, 2022-2032, thousand units 128
Figure 86. Global Commercial Drones Market by Application: Search & Rescue, 2022-2032, $ mn 129
Figure 87. Global Commercial Drones Market by Application: Search & Rescue, 2022-2032, thousand units 130
Figure 88. Global Commercial Drones Market by Application: Other Applications, 2022-2032, $ mn 131
Figure 89. Global Commercial Drones Market by Application: Other Applications, 2022-2032, thousand units 132
Figure 90. Breakdown of Global Commercial Drones Market by Industry Vertical, 2022-2032, % of Revenue 134
Figure 91. Global Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 134
Figure 92. Breakdown of Global Commercial Drones Market by Industry Vertical, 2022-2032, % of Sales Volume 135
Figure 93. Global Addressable Market Cap in 2023-2032 by Industry Vertical, Sales Volume (thousand units) and Share (%) 136
Figure 94. Global Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, $ mn 137
Figure 95. Global Commercial Drones Market by Industry Vertical: Agriculture, 2022-2032, thousand units 138
Figure 96. Global Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, $ mn 139
Figure 97. Global Commercial Drones Market by Industry Vertical: Real Estate and Construction, 2022-2032, thousand units 140
Figure 98. Global Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, $ mn 141
Figure 99. Global Commercial Drones Market by Industry Vertical: Insurance Industry, 2022-2032, thousand units 142
Figure 100. Global Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, $ mn 143
Figure 101. Global Commercial Drones Market by Industry Vertical: Energy Sector, 2022-2032, thousand units 144
Figure 102. Global Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, $ mn 145
Figure 103. Global Commercial Drones Market by Industry Vertical: Industry and Manufacture, 2022-2032, thousand units 146
Figure 104. Global Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, $ mn 147
Figure 105. Global Commercial Drones Market by Industry Vertical: Logistics and Retail, 2022-2032, thousand units 148
Figure 106. Global Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn 149
Figure 107. Global Commercial Drones Market by Industry Vertical: Media and Entertainment, 2022-2032, thousand units 150
Figure 108. Global Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, $ mn 151
Figure 109. Global Commercial Drones Market by Industry Vertical: Disaster and Emergency Response, 2022-2032, thousand units 152
Figure 110. Global Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, $ mn 153
Figure 111. Global Commercial Drones Market by Industry Vertical: Environmental Monitoring, 2022-2032, thousand units 154
Figure 112. Global Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, $ mn 155
Figure 113. Global Commercial Drones Market by Industry Vertical: Other Verticals, 2022-2032, thousand units 156
Figure 114. Global Market Snapshot by Region 157
Figure 115. Geographic Spread of Worldwide Commercial Drones Market, 2022-2032, % of Sales Revenue 158
Figure 116. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 159
Figure 117. Geographic Spread of Worldwide Commercial Drones Market, 2022-2032, % of Sales Volume 160
Figure 118. Global Addressable Market Cap in 2023-2032 by Region, Sales Volume (thousand units) and Share (%) 161
Figure 119. North American Commercial Drones Market, 2022-2032, $ mn 164
Figure 120. North American Commercial Drones Market, 2022-2032, thousand units 164
Figure 121. Breakdown of North America Commercial Drones Market by Country, 2022 and 2032, % of Revenue 165
Figure 122. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 166
Figure 123. Breakdown of North America Commercial Drones Market by Country, 2022 and 2032, % of Shipment 167
Figure 124. Contribution to North America 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 168
Figure 125. U.S. Commercial Drones Market, 2022-2032, $ mn 170
Figure 126. Canada Commercial Drones Market, 2022-2032, $ mn 172
Figure 127. Commercial Drones Market in Mexico, 2022-2032, $ mn 174
Figure 128. European Commercial Drones Market, 2022-2032, $ mn 177
Figure 129. European Commercial Drones Market, 2022-2032, thousand units 177
Figure 130. Breakdown of European Commercial Drones Market by Country, 2022 and 2032, % of Revenue 178
Figure 131. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 179
Figure 132. Breakdown of European Commercial Drones Market by Country, 2022 and 2032, % of Shipment 180
Figure 133. Contribution to Europe 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 181
Figure 134. Commercial Drones Market in Germany, 2022-2032, $ mn 182
Figure 135. Commercial Drones Market in U.K., 2022-2032, $ mn 184
Figure 136. Commercial Drones Market in France, 2022-2032, $ mn 186
Figure 137. Commercial Drones Market in Spain, 2022-2032, $ mn 188
Figure 138. Commercial Drones Market in Italy, 2022-2032, $ mn 190
Figure 139. Commercial Drones Market in Russia, 2022-2032, $ mn 192
Figure 140. Commercial Drones Market in Rest of Europe, 2022-2032, $ mn 194
Figure 141. Asia-Pacific Commercial Drones Market, 2022-2032, $ mn 197
Figure 142. Asia-Pacific Commercial Drones Market, 2022-2032, thousand units 197
Figure 143. Breakdown of APAC Commercial Drones Market by Country, 2022 and 2032, % of Revenue 198
Figure 144. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 199
Figure 145. Breakdown of APAC Commercial Drones Market by Country, 2022 and 2032, % of Shipment 200
Figure 146. Contribution to APAC 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 201
Figure 147. Commercial Drones Market in Japan, 2022-2032, $ mn 203
Figure 148. Commercial Drones Market in China, 2022-2032, $ mn 205
Figure 149. Commercial Drones Market in Australia, 2022-2032, $ mn 207
Figure 150. Commercial Drones Market in India, 2022-2032, $ mn 209
Figure 151. Commercial Drones Market in South Korea, 2022-2032, $ mn 211
Figure 152. Commercial Drones Market in Rest of APAC, 2022-2032, $ mn 213
Figure 153. South America Commercial Drones Market, 2022-2032, $ mn 216
Figure 154. South America Commercial Drones Market, 2022-2032, thousand units 216
Figure 155. Breakdown of South America Commercial Drones Market by Country, 2022 and 2032, % of Revenue 217
Figure 156. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 218
Figure 157. Breakdown of South America Commercial Drones Market by Country, 2022 and 2032, % of Shipment 219
Figure 158. Contribution to South America 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 220
Figure 159. Commercial Drones Market in Argentina, 2022-2032, $ mn 221
Figure 160. Commercial Drones Market in Brazil, 2022-2032, $ mn 223
Figure 161. Commercial Drones Market in Chile, 2022-2032, $ mn 225
Figure 162. Commercial Drones Market in Rest of South America, 2022-2032, $ mn 227
Figure 163. Commercial Drones Market in Middle East and Africa (MEA), 2022-2032, $ mn 229
Figure 164. Commercial Drones Market in Middle East and Africa (MEA), 2022-2032, thousand units 229
Figure 165. Breakdown of MEA Commercial Drones Market by Country, 2022 and 2032, % of Revenue 230
Figure 166. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 231
Figure 167. Breakdown of MEA Commercial Drones Market by Country, 2022 and 2032, % of Shipment 232
Figure 168. Contribution to MEA 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 233
Figure 169. Commercial Drones Market in UAE, 2022-2032, $ mn 234
Figure 170. Commercial Drones Market in Saudi Arabia, 2022-2032, $ mn 236
Figure 171. Commercial Drones Market in Qatar, 2022-2032, $ mn 238
Figure 172. Growth Stage of Global Commercial Drones Industry over the Forecast Period 241
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
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
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.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
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) |
|
|
| Total Market |
|
|