Press release
2021 Drone Insurance Market Trends, Segmentation, Production Values, Material, Demand, Brand Shares And Forecast 2030
Drone Insurance Market
The drone insurance market report describes and explains the global drone insurance market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The drone insurance market consists of sales of drone insurance by entities (organizations, sole traders and partnerships) that provide insurance coverage for drones. Drone insurance is the insurance that covers the costs associated with accidental bodily harm or damage caused to property or any assets due to drone operations. The drone insurance also covers the cost associated with damage in drones.
The global drone insurance market is expected to grow from $1.06 billion in 2020 to $1.13 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the increased operations of drones during the COVID-19 pandemic. Also, commercial activities are resuming, which has also increased drone operations. The market is expected to reach $1.41 billion in 2025 at a CAGR of 5.9%.
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Some of the major players of the drone insurance market are Allianz Global Corporate & Specialty, AIG US, Avion Insurance, Driessen Assuradeuren, Coverdrone, SkyWatch.AI, Flock, CapriCMW Insurance Services Ltd., Hub International, Air1 Insurance.
The countries covered in the global drone insurance market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global drone insurance market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global drone insurance market is segmented -
1) By Coverage Type: Liability Coverage, Hull Damage, Theft Coverage, Loss or Flyaway Coverage, Payload Coverage, Personal Injury Coverage, Ground Equipment Coverage, Others
2) By Pricing: Hourly, Monthly, Annually
3) By Application: Commercial, Personal, Others
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Few Points From Table Of Content
1. Executive Summary
2. Drone Insurance Market Characteristics
3. Drone Insurance Market Trends And Strategies
4. Impact Of COVID-19 On Drone Insurance
5. Drone Insurance Market Size And Growth
....
26. Africa Drone Insurance Market
27. Drone Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drone Insurance Market
29. Drone Insurance Market Future Outlook and Potential Analysis
30. Appendix
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