Press release
Commercial Drones Market Set To See A Big Move| Booming Segments, Stunning Growth | PrecisionHawk, Draganfly
The global commercial drones market is expected to decline from $4.14 billion in 2019 to $3.64 billion in 2020 at a compound annual growth rate (CAGR) of -12.0%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $6.15 billion in 2023 at CAGR of 19.09%.
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The commercial drones market consists of sales of commercial drones. These multi-functional flying devices are used by entities to collect and consolidate data, conduct safety and security checks and inspection. This market mainly comprises of fixed wing drones, rotary blade drones and hybrid wing drones supported by a variety of services and used for a variety of applications.
The commercial drones market covered in this report is segmented by type into fixed wing drones, rotary blade drones, hybrid drones. It is also segmented by application into agriculture and environment, media and entertainment, energy, government, construction & archaeology, others and by technology into remotely operated, semi-autonomous, autonomous.
Commercial Drones Market Segmentation: -
By Type
1. Fixed wing drones
2.Rotary blade drones
3. Hybrid drones
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Few Points From Table Of Content
1. Executive Summary
2. Commercial Drones Market Characteristics
3. Commercial Drones Market Size And Growth
4. Commercial Drones Market Segmentation
5. Commercial Drones Market Regional And Country Analysis
......
25. Commercial Drones Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Commercial Drones Market
27. Commercial Drones Market Trends And Strategies
28. Commercial Drones Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the commercial drones market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the commercial drones market are DJI, Parrot SA, Aerovironment , Precision Hawk, Dragan fly
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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