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Drone Insurance Market Business Growth, Key Applications, Size, Trends, Comprehensive Insights And Industry Demand

Drone Insurance Market

Drone Insurance Market

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‘Drone Insurance Global Market Report 2021– COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the drone insurance industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

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.

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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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Global drone insurance market segmentation In TBRC’s Report is:
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

Major players in 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.

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The Table of Contents includes:
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
.....
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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