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Commercial Drones Market To Grow At A CAGR Of 20% From 2019 To 2026: 3D Robotics, DJI, Aeryon Labs, Parrot Drones SAS, Aurora Flight Sciences, Denel SOC, Draganfly Innovations, Northrop Grumman Corporation

05-17-2019 09:35 AM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Global Commercial Drones Market

Global Commercial Drones Market

This Commercial Drones Market research report is a proven and consistent source of information which gives telescopic view of the existing market trends, emerging products, situations and opportunities that drives your business towards the success. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. Gaining valuable market insights with the new skills, latest tools and innovative programs is sure to help your business achieve business goals. Global Commercial Drones Market report also provides company profiles and contact information of the key market players in the key manufacturer’s section.

A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work painstakingly to structure such a great market research report for the businesses seeking a potential growth. This team is focused on understanding client’s businesses and its needs so that the finest market research report is delivered to the client. With the use of up to date and proven tools and techniques, complex market insights are organized in simpler version in this Global Commercial Drones Market report for the better understanding of end user. This market research report encompasses a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production.

Request for FREE Sample Copy of This Report | at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-commercial-drones-market

Global Commercial Drones Market By Drone Type (Rotary Blade Drones, Fixed Wing Drones, Hybrid Drones, Others), Offering (Software & Services, Hardware), Application (Government & Defense, Agriculture & Environmental, Energy, Media & Entertainment, Construction & Archaeology, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis:

Global Commercial Drones Market is expected to rise from its initial estimated value of USD 3.96 billion in 2018, to a projected value of USD 17.04 billion by 2026, registering a CAGR of 20% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in the technological offerings resulting in advanced and innovative products.

Market Definition:

Commercial drones are unmanned aerial vehicle that have been equipped with the capability of visual imaging capturing and recording devices and equipments, as these drones are used for capturing images and recording videos of various terrains. The usage of drones has increased significantly due to its benefits associated with capturing and reaching places with ease and providing improved visual aids.

Market Drivers:

• Increasing adoption of commercial drones for a number of end-use applications, majorly from the agricultural segment for the visualization and analysis of land area is expected to act as a driver for the market growth

• Increased levels of investments and research activities associated with commercial drones from private and government sources; this factor is expected to act as a driver for the market growth

Market Restraints:

• Availability of substitutes to drones such as satellites and other imaging alternatives are factors expected to restrain the market growth

• High cost of drones and requirement of high capital investments for the maintenance of these drones; this factor is expected to restrain the market growth

Table of Content:

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Commercial Drones Market Landscape

Part 04: Global Commercial Drones Market Sizing

Part 05: Global Commercial Drones Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

And More…..Get Detailed TOC | at https://databridgemarketresearch.com/toc/?dbmr=global-commercial-drones-market

Segmentation: Global Commercial Drones Market

By Drone Type

• Rotary Blade Drones
• Multi-Rotor Drones
• Single Rotor Drones
• Fixed Wing Drones
• Hybrid Drones
• Others

By Offering

• Software & Services
• Hardware

By Application

• Government & Defense
• Agriculture & Environmental
• Energy
• Media & Entertainment
• Construction & Archaeology
• Others

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Key Developments in the Market:

• In June 2018, GE Ventures announced the launch of a startup based out of Boston, United States named AiRXOS. With the company focused on providing commercial drone software and product solutions to the consumers and industries. The startup is a joint venture between two of GE’s business divisions, GE Business Innovations and GE Aviation.

• In August 2017, 3D Robotics and DJI announced that they had collaborated to integrate 3D Robotics’ Site Scan software for drones compatible with DJI’s drones. This venture will help in providing consumers the best that both the organizations can offer.

Competitive Analysis: Global Commercial Drones Market

Global commercial drones market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial drones market for global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players: Global Commercial Drones Market

3D Robotics; DJI; Aeryon Labs Inc.; Parrot Drones SAS; Aurora Flight Sciences; Denel SOC Ltd; Draganfly Innovations Inc.; Northrop Grumman Corporation; Lockheed Martin Corporation; Elbit Systems Ltd.; General Dynamics Corporation; AeroVironment, Inc.; Leptron Unmanned Aircraft Systems, Inc.; PrecisionHawk; YUNEEC; Trimble Inc.; INSITU; senseFly; Xiaomi; Sentera, Inc.; AiRXOS, a GE venture; QUADROCOPTER; Identified Technologies are few of the major competitors currently present in the market.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints

• Key market players involved in this industry

• Detailed analysis of the market segmentation

• Competitive analysis of the key players involved

Order a Copy of This Research Report | at https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-commercial-drones-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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