Drone Service Market will Exhibit a Steady 51.1% CAGR through 2027 - Cyberhawk Innovations, Aerodyne Group, Sky Futures, Terra Drone, Measure, SkySpecs, Airinov, Zipline, Drone Volt and Flirtey

Worldwide Drone Service Market Analysis to 2027 is a specialized and in-depth study of the Drone Service Industry with a focus on the global market trend. The report aims to provide an overview of global Drone Service Market with detailed market segmentation by product/application and geography. The global Drone Service Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Drone Service players and offers key trends and opportunities in the market.

Drone Service Market is expected to grow from US$ 629.2 Mn in 2018 to US$ 24,882.2 Mn by 2027 at a CAGR of 51.1% between 2019 and 2027.

Drone Service market is experiencing a high growth throughout the globe, driven by growth in real estate/infrastructure, agriculture, media & entertainment, industrial, law enforcement, and other industries. Moreover, increasing adoption of drone-based solutions in the agriculture sector and media industry is constantly driving the market. In addition to this, the e-commerce industry has matured immensely over the years in the developed economies as well as the developing nations.

The primary driver for the e-commerce industry is that the customers can purchase from and receive the goods at the most convenient location. Owing to this the entire e-commerce market is gaining a great deal of attraction. These factors are anticipated to drive the drone service market during the forecast period.

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Top Leading Drone Service Market Players:

1. CyberHawk Innovations Limited
2. Terra Drone Corporation
3. Sky-Futures
4. Measure
5. Aerodyne Group
6. Skyspecs
7. Airinov
8. Zipline
9. Drone Volt
10. Flirtey

The report focuses on an in-depth segmentation of the drone service market based on drone type, service, and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By service segment, surveying, mapping & inspection is accounted for the largest share in the drone service market in 2017 and also projected to grow with CAGR of 49.6% during the forecast period.

Report Content:

• Industry overview
• Industry trends
• Market drivers and restraints
• Market size
• Growth prospects
• Porter’s analysis
• PESTEL analysis
• Key market opportunities prioritized
• Company market share analysis
• Competitive landscape

Moreover, the drone service providers opt for rotary wing drones attributing to the benefit that these drones are easier to transport from one place to another. The designs of these drones help the user or the operator to fold and pack into a smaller unit, which has attracted several drone service providers. The result of this is the increasing market size of drone service through rotary wing drones.

Further, accounting to the compact size of the product as compared to fixed- wing drones, the rotary wing drones are less expensive. Coupling the lower price of the drones with a higher return on investment, the services providers tend to purchase these drones and offer their customers with rotary wings UAVs. These are the primary factor that has boosted the rotary wing drones in the drone service market in the past few years, and the same is expected to accentuate the demand in the coming years.

Drone Service Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

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Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Drone Service Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Drone Service Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The report segments the global Drone Service market as follows:

Global Drone Service Market - By Drone Type
• Fixed Wing Drone
• Rotary Wing Drone
• Hybrid Drone

Global Drone Service Market - By Service
• Surveying, Mapping and Inspection
• Delivery
• Aerial Photography
• Others

Global Drone Service Market - By Industry
• Real Estate/Infrastructure
• Media & Entertainment
• Agriculture
• Industrial
• Law Enforcement
• Others

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This release was published on openPR.