Civil Drone Market Expecting Huge Growth During 2020-2027 Focusing On Leading Players Like 3D Robotics,Aerodyne Group,AeroVironment, Inc.,DRONE VOLT

The global civil drone market was valued at US$ 6.56 Bn in 2018 and is expected to reach US$ 21.61 Bn by 2027 with a CAGR growth rate of 14.3% in the forecast period from 2019 to 2027.

Drones are believed to be of immense advantage in these domains, especially in support of public safety, search and rescue operations and disaster management. In case of natural or man-made disasters like floods, Tsunamis, or terrorist attacks, critical infrastructure including water and power utilities, transportation, and telecommunications systems can be partially or fully affected by the disaster. This necessitates rapid solutions to provide communications coverage in support of rescue operations. The market of unmanned aircraft systems (UAV), which is generally referred to as drones is developing.

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Top Key Players:-
1. 3D Robotics, Inc.
2. Aerovironment, Inc.
3. Aeryon Labs, Inc.
4. Drone Volt
5. ECA Group
6. Insitu, Inc.
7. Intel Corporation
8. Parrot SA
9. Precisionhawk Inc.
10. SZ DJI Technology Co., Ltd

Civil drones have the potential to transform business models and tackle societal challenges around the world. Drones have already expanded their business to the consumer market, and now they're being put to work in civil government and commercial applications. This expansion is creating a market opportunity for many commercial drone providers around the world. Drones can be used for various application such as in agriculture industry it can increase crop yields.

The concept of swarm intelligence (SI) is expected to allow the collaboration of multiple autonomous drones. Swarm intelligence leverages artificial intelligence to achieve multiple drones to achieve more complex and more significant tasks collectively. This would give a drone to think and perform the following activity. An autonomous industrial drone is known as “Airobotics” has been given the authorization to fly autonomous guided drones in Israel.

The report segments the global civil drone market as follows:

Global Civil Drone Market – By Type

• Fixed Wing Drone
• Rotary Wing Drone

Global Civil Drone Market – By Platform

• Hardware
• Software
• Services

Global Civil Drone Market – By Application

• Aerial Photography
• Surveying & Mapping
• Inspection

Global Civil Drone Market – By End-User

• Agriculture
• Real Estate/ Infrastructure
• Energy and Power

The civil drone market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East & Africa, and South America. The North America region holds the highest market share, whereas Asia Pacific is projected to be the fastest-growing region as well in the coming years. The APAC region consists of many developing countries owing to growing infrastructural projects, improving standard of living, rising population, and disposable income.

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