Commercial Drones Market is Estimated to Reach a Value of US$22.798 Billion by 2025

Knowledge Sourcing Intelligence announces the publication of a new report on "Commercial Drone Market - Forecasts from 2020 to 2025" to their offering. Commercial Drones are the type of drones used for catering to different commercial purposes and applications such as surveillance and coverage in various industries such as agriculture, government, retail, and media and entertainment among others.

The commercial drones market is expected to surge over the forecast period owing to the increasing adoption of advanced technologies in the agriculture sector by farmers in order to grow their crops effectively whilst meeting the adequate conditions required for maximum yield in check by performing continuous crop monitoring and surveillance.

In addition, as there is an increasing number of events such as sports events, concerts among others, proper and high-quality images and video streaming are done via commercial drones in order to provide the viewers with top-quality video coverage from different angles to enhance user experience. This factor is thereby, increasing the demand for commercial drones and adding to the market growth over the forecast period.

Furthermore, the increasing investments band product launches by the market players and the enhanced and advanced products being launched by them in order to solidify their market position and compete with their rivals further adds to this market growth.

Geographically, the Asia Pacific region is expected to witness significant growth over the forecast period owing to the fact that growing investments in the defense sector by the government in order to effectively surveil the enemy activities. Additionally, the rapid influx of investments in order to accelerate the development of the agriculture sector is also contributing to the position of the region in the global market.

In addition, the North American region is expected to hold a noteworthy share over the forecast period, which is attributable to the early adoption of the technology and the efforts being put in the R&D activities to improve the properties and features of the semiconductors and the component used in the commercial drones.

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The recent study on the Commercial Drone market covers an in-depth analysis of the market on the basis of type, end-user industry,and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2025. According to the report titled "Commercial Drone Market - Forecasts from 2020 to 2025", the market is estimated to grow at a steady rate during the forecast period. The report has segmented the Commercial Drone market by type (fixed-wing, single rotor, and multi-rotor). By end-user industry (agriculture, energy, retail, government, media and entertainment, and others), and by geography such as North America (United States, Canada, and Mexico), South America ( Brazil, Argentina, and Others), Europe (Germany, France, United Kingdom, Spain, and Others), Middle East and Africa ( Saudi Arabia, UAE, and Others) and Asia Pacific (China, Japan, India, South Korea, and Others).

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global Commercial Drone Market.

Major players covered as part of the report are DJI, Harris Aerial, Trimble, Inc., Parrot Drones SAS, PrecisionHawk, 3DR, and AeroVironment, Inc. among others.

Segmentation
This report segmented the Commercial Drone Market on the basis following terms

By Type
o Fixed Wing
o Single Rotor
o Multi-Rotor

By End-Use Industry
o Agriculture
o Energy
o Retail
o Government
o Media and Entertainment
o Others

By Geography
North America
o USA
o Canada
o Mexico

South America
o Brazil
o Argentina
o Others

Europe
o Germany
o France
o United Kingdom
o Spain
o Others

Middle East and Africa
o Saudi Arabia
o UAE
o Others

Asia Pacific
o China
o Japan
o South Korea
o India
o Others

Unique reasons to buy commercial Drone Market report-
1. In-depth analysis with sufficient data points and references included.
2. Best possible insights in addition to a detailed analysis of drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.

Scope of Research of Commercial Drone Market
1. The forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at the global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges, and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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