Press release
Explosive Growth of Civil Drone Market By 2026 | Competitive Outlook By 3D Robotics, Aerodyne Group, Aerovironment, Drone Volt, ECA Group, Insitu, Intel Corporation Parrot, PrecisonHawk, Yuneec International
Market Study Report, LLC, adds a comprehensive research of the Civil Drone Market that mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. This study incorporates a disintegration of key drivers and challenges, industry participants, and application segments, devised by analyzing profuse information about this business space.Global Civil Drone Market is valued approximately at USD 6.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 14.7% over the forecast period 2019-2026. The civil drones are remotely piloted aircraft systems which are precisely designed for aerial operations without an on-board pilot or operator. The civil drone market is primarily driven owing to surging digitalization in both developed and developing countries, escalating utility of civil drones in the sector such as mining consisting of rising mining production, real estate, agriculture and energy & power sector along with initiatives taken by the private organization indulged in offering civil drones.
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The civil drones are used for the inspection and monitoring of routine mining operations performed by the workers and operators. The escalating mining production is acting as a key driver towards the development and growth of civil drone market. For Instance: as per the United States Geological Survey (USGS), U.S. mines produced USD 82.2 billion of raw mineral materials in 2018 which was one of the highest on the global scenario witnessing a 3% increase over the reviewed total of USD 79.7 billion in 2017., Moreover, according to the National Mining Association, on an average, each American individual consumes approximately 3.4 tons of coal & about 40,000 pounds of newly mined minerals are consumed by each individual every year in the United States which in turn is giving rise to mining operations leading to fuel the demand and utility of civil drones However, high cost of civil drone impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global Civil Drone market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising construction & real estate sector and surging rate of mining production . Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such rising utility of civil drones in agriculture sector along with escalating real estate and construction sector would create lucrative growth prospects for the Civil Drone market across Asia-Pacific region.
Major market player included in this report are:
o 3D Robotics, Inc.
o Aerodyne Group
o Aerovironment, Inc
o Drone Volt
o ECA Group
o Insitu, Inc
o Intel Corporation
o Parrot
o PrecisonHawk
o Yuneec International
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Fixed Wing Drone
Rotary Wing Drone
By Platform:
Hardware
Software
Services
By Application:
Aerial Photography
Surveying & Mapping
Inspection
Others
Furthermore, years considered for the study are as follows:
Historical year âEUR" 2016, 2017
Base year âEUR" 2018
Forecast period âEUR" 2019 to 2026
Target Audience of the Global Civil Drone Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Civil Drones Market, by Region, 2017-2026 (USD Billion)
1.2.2. Civil Drones Market, by Type, 2017-2026 (USD Billion)
1.2.3. Civil Drones Market, by Platform, 2017-2026 (USD Billion)
1.2.4. Civil Drones Market, by Application, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Civil Drones Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Civil Drones Market Dynamics
3.1. Civil Drones Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Civil Drones Market Industry Analysis
4.1. PorterâEUR(TM)s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to PorterâEUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Civil Drones Market, by Type
5.1. Market Snapshot
5.2. Global Civil Drones Market by Type, Performance - Potential Analysis
5.3. Global Civil Drones Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Civil Drones Market, Sub Segment Analysis
5.4.1. Fixed wing Drone
5.4.2. Rotary Wing Drone
Chapter 6. Global Civil Drones Market, by Platform
6.1. Market Snapshot
6.2. Global Civil Drones Market by Platform, Performance - Potential Analysis
6.3. Global Civil Drones Market Estimates & Forecasts by Platform 2016-2026 (USD Billion)
6.4. Civil Drones Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
6.4.3. Services
Chapter 7. Global Civil Drones Market, by Application
7.1. Market Snapshot
7.2. Global Civil Drones Market by Application, Performance - Potential Analysis
7.3. Global Civil Drones Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
7.4. Civil Drones Market, Sub Segment Analysis
7.4.1. Aerial Photography
7.4.2. Surveying & Mapping
7.4.3. Inspection
7.4.4. Others
Chapter 8. Global Civil Drones Market, Regional Analysis
8.1. Civil Drones Market, Regional Market Snapshot
8.2. North America Civil Drones Market
8.2.1. U.S. Civil Drones Market
8.2.1.1. Type breakdown estimates & forecasts, 2016-2026
8.2.1.2. Platform breakdown estimates & forecasts, 2016-2026
8.2.1.3. Application breakdown estimates & forecasts, 2016-2026
8.2.2. Canada Civil Drones Market
8.3. Europe Civil Drones Market Snapshot
8.3.1. U.K. Civil Drones Market
8.3.2. Germany Civil Drones Market
8.3.3. Rest of Europe Civil Drones Market
8.4. Asia-Pacific Civil Drones Market Snapshot
8.4.1. China Civil Drones Market
8.4.2. India Civil Drones Market
8.4.3. Japan Civil Drones Market
8.4.4. Rest of Asia Pacific Civil Drones Market
8.5. Latin America Civil Drones Market Snapshot
8.5.1. Brazil Civil Drones Market
8.5.2. Mexico Civil Drones Market
8.6. Rest of The World Civil Drones Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. 3D Robotics, Inc.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Aerodyne Group
9.2.3. Aerovironment, Inc
9.2.4. Drone Volt
9.2.5. ECA Group
9.2.6. Insitu, Inc
9.2.7. Intel Corporation
9.2.8. Parrot
9.2.9. PrecisonHawk
9.2.10. Yuneec International
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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