Commercial Drones Market is Expected to Deliver Dynamic Progression until 2022 | Major Player senseFly, Dragany Innovations, Xiaomi Inc., Sentera, LLC, General Electric Co
The commercial drone market growth is driven by factors such as technological innovation in cameras & sensors and upsurge in application areas of drones. However, factors such as stringent government regulations regarding security & privacy and use of satellite imagery as a substitute to these drones are anticipated to hamper the commercial drone market growth during the forecast period. Increased application areas for commercial drones among various industry verticals and increased market for smartphones is expected to create lucrative opportunities for the commercial drone industry.
Download Sample Report at https://www.alliedmarketresearch.com/request-sample/974
In 2014, the rotary blade segment dominated the global commercial drone market with around 71% share. This is attributed to evolution in imaging and sensory capabilities and the development of smart cameras and new interfaces. Furthermore, the hybrid drones segment is projected to witness the highest CAGR of 29.6% during the forecast period, as hybrid drones possess the capabilities of both rotary and fixed-wing drones.
In 2014, the agriculture & environment segment dominated the global market with around 28% share, followed by construction & archaeology. Furthermore, the construction & archaeology segment is projected to grow at the highest CAGR of 29.4% from 2016 to 2022, owing to increase in the need for surveillance of sites, map building, monitoring, project estimation, detailed topographic models, 3D modeling, and reconstruction services.
The commercial drones market is categorized into four regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor to the global market in 2014, accounting for around 39% share. The Asia-Pacific commercial drones market is projected to grow at the highest CAGR of 29.6% during the forecast period on account of the growing market for the media and entertainment industry, precision agriculture, construction sector, and others in countries such as India, China, Japan, and Australia.
The report features a competitive scenario of the global commercial drones market and provides a comprehensive analysis of key growth strategies adopted by major players. Some of the key players operating in the industry are SZ DJI Technology Co., Ltd., Parrot SA, 3D Robotics, Inc., Leptron Unmanned Aircraft Systems, Inc., PrecisionHawk Inc., Yuneec International Co. Ltd., Aeryon Labs Inc., AeroVironment, Inc., Trimble Navigation Ltd., and Insitu Inc.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/97
Driving factors for the market
1 Technologically advanced products
2 The promising growth rate of the drone market
3 Increased market for location-based services
Market Restraints and Opportunities:
1 Privacy and security concerns
2 High-resolution satellite imagery
3 Increased application areas for GPS, LiDAR, mapping services, and others
4 Increasing growth in the smartphone market
Key questions answered in Commercial Drones Market research study:
1 What is the market growth rate of Commercial Drones Market from 2016-2022?
2 What will be the global market size of the market from 2016 to 2022?
3 Who are the leading global manufacturing companies in the Commercial Drones Market?
4 What are the major current trends and predicted trends?
5 What are the challenges faced in the Commercial Drones Market?
6 Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
7 Which will be the anticipated growth rates for your own Data Masking economy altogether and also for every segment inside?
8 Which will be the Data Masking application and types and forecast accompanied closely by producers?
9 What are the conclusions of the Commercial Drones Market report?
Get More Information on this Report @ https://www.alliedmarketresearch.com/commercial-drone-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commercial Drones Market is Expected to Deliver Dynamic Progression until 2022 | Major Player senseFly, Dragany Innovations, Xiaomi Inc., Sentera, LLC, General Electric Co here
News-ID: 1917083 • Views: 426
More Releases from Allied Market Research
Oil and Gas Data Management Market Expected to Surpass $3,203 Million,Globally, …
Increase in popularity of real-time analysis and predictive analytics solutions, operational efficiency and performance improvement, and increased awareness among end users are projected to drive the adoption of oil and gas data management technologies and services growth during the forecast period. However, upsurge in cyberattacks and data breaches, lack of skilled workforce, and high initial investment are projected to limit the market growth to some extent during the forecast period. The
Energy Management Systems Market Will Raise $62.3 Billion By 2023, CAGR 13.5% Fr …
The increasing adoption of energy management systems to reduce the cost of daily operation has significant impact over market success and is expected to propel the growth in the forecast period. Moreover, the fluctuations in energy prices as well as energy efficiency policies is also fueling the demand for adoption energy management systems across market verticals. However, long payback period of EMS solutions hinders the systems adoption among small and
Sports Analytics Market 2020: Top Impacting Factors That Could Escalate Markets …
Growing demand for real-time data access, rise in amount of on-field data, and surge in demand for predictive insights into fan preferences drive the growth of the global sports analytics market. However, high maintenance and investment costs and lack of awareness about technology in sports hinder the market growth. On the other hand, availability of cost-effective and high-end computing solutions and rise in demands of analytics for complex data streaming
Building Information Modeling (BIM) Market 2020: Global Industry Could Hit New H …
The commercial and infrastructure construction industry have been witnessing increasing demand for automation of technical drawings and database in the recent years. Further, the supportive government regulations pertaining to mandating the use of BIM in commercial projects, booming real estate industry and growing awareness of the benefits of BIM, among architects and contractors, would drive its adoption, globally. In the current scenario, BIM has emerged as an ideal alternative to
More Releases for Drones
Global Inspection Drones Market Data Survey Report
The global Inspection Drones market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and production, product specifications. Get sample copy of the report: www.marketdensity.com/contact?ref=Sample&reportid=59082 Table of
Global Inspection Drones Market Research
Global Inspection Drones Market investigates powerful examination on fluctuated areas of Industry like chances, estimate, development, innovation, request and pattern of high driving players. It likewise gives advertise key measurements on the status of producers, an important wellspring of direction, course for organizations and people intrigued by the business. Get sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=6346 Table of Contents 1 Inspection Drones Market Overview 1.1 Product Overview and Scope of Inspection Drones
Small Drones Take Flight for Military Applications
Unmanned aerial vehicle technology is advancing rapidly, and drones are getting smaller by the day. Small drones are considered better because they are more agile, are harder to detect, and are easier for pilots to control. Recent drone research and development around the world has advanced the state of surveillance and military drones. Request Sample@ www.alliedmarketresearch.com/request-sample/2312 The global small drone market could reach $13.4 billion by 2023, according to Allied Market Research.
A new perspective - Aerial photos with drones
Aerial photos provide an excellent overview and completely new perspectives. They make web pages and offers more attractive and bring unforgettable private memories. Smartphones and cameras take excellent pictures, but only within certain limits: their perspective is always that of the photographer. Drones shots break through these barriers by giving you access to endless new opportunities. Overview and Marketing Even large objects are captured by the aerial photo with the drone in
Photography Drones Market Report 2018: Segmentation by Type (3-rotor Drones, 4-r …
Global Photography Drones market research report provides company profile for Parrot, AEE, AirDog, DJI, Autel Robotics, Yuneec and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
UAV Drones Market Report 2018
Global UAV Drones market intervention conducted by the research team to access information through various techniques. The UAV Drones data gathered here are being authenticated until the research is at the final point. Through this, the superiority and quality of the content provided in the UAV Drones report are being labeled as well data and UAV Drones statistics are made available are up to the mark and accurate. The