Press release
Drone-Based Consulting Service Industry is Expected to Reach $80.76 Billion by 2032 -Airobotics Ltd, Consortiq Limited, Cyberhawk Innovations Limited, DARTDrones Inc., Draganfly Inc., LOGXON GmbH and Co. KG, Phoenix LiDAR Systems, Pilot Institute, Precisi
Drone-Based Consulting Service Industry is Expected to Reach $80.76 Billion by 2032 from USD 13.9 Billion in 2021, at a CAGR of 23.8% during the forecast period.North America is estimated to account for the largest share of the drone services market in 2021. Drone services is an evolving market for services offered for flying drones that can be remotely controlled or flown autonomously by integrating software-controlled flight plans into their embedded systems. Commercial drone services support industries such as agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure in performing tasks such as search and rescue, package delivery, industrial inspection, assembling imagery, spraying fertilizers, distributing healthcare supplies to remote places, and broadcasting shows.
By industry, healthcare & social assistance segment is projected to record the highest growth"
Based on industry, the drone services market has been segmented into construction & infrastructure, agriculture, utility, oil & gas, mining, defense & law enforcement, media & entertainment, scientific research, insurance, aviation, marine, healthcare & social assistance, and transportation, logistics, & warehousing.
The healthcare & social assistance segment is projected to record the highest growth, attributed to the increased investments in the area during the COVID period to deliver test samples and vaccines.
"By solution, end-to-end solution segment would have the highest growth during the forecast period"
The drone services market based on solution has been segmented into end-to-end and point solutions.
The end-to-end solution segment would have the highest growth during the forecast period owing to the growing demand for complete package solutions, which include everything from piloting & operation, data analysis to data processing.
" By application, transport & delivery segment is expected to dominate the market with the highest CAGR during the forecast period"
Based on application, the drone services market has been segmented into inspection & monitoring, mapping & surveying, spraying & seeding, filming & photography, transport & delivery, and security, search, and rescue. Among these applications, the transport & delivery segment is expected to dominate the market with the highest CAGR during the forecast period, owing to the escalating demand for fast package delivery services in the healthcare industry attributed to the outbreak of the COVID-19 pandemic
Major Key players profiled in the report include:
Airobotics Ltd, Consortiq Limited, Cyberhawk Innovations Limited, DARTDrones Inc., Draganfly Inc., LOGXON GmbH and Co. KG, Phoenix LiDAR Systems, Pilot Institute, PrecisionHawk, Inc., Sharper Shape Inc., Sky-Futures Limited, Skyward IO, Inc., SkyX Systems Corp., Terra Drone Corporation, Ventus Geospatial Inc., Viper Drones
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North America to account for major share of global drone-based consulting services market
In terms of region, the global drone-based consulting services market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa
North America is expected to lead the global drone-based consulting services market due to the presence of well-established players offering drone-based consulting services in the U.S. and Canada.
The drone-based consulting services market in Asia Pacific is expected to hold a significant share due to rising adoption of drones in various industries such as oil & gas, agriculture, and construction, in developing countries such as China and India. Furthermore, governments of developing countries are boosting investing and funding to enhance the potential opportunity offered by drone services in Asia Pacific. This, in turn, is expected to fuel the drone-based consulting services market across Asia Pacific.
Middle East & Africa is expected to hold a substantial share of the global drone consulting services market due to a rise in the adoption of drones, primarily in Gulf countries, such as Oman, Kuwait, Iraq, Iran, Bahrain, Saudi Arabia, Qatar, and the United Arab Emirates (UAE), which are prominent exporters of oil & gas across the world. Drones are gradually enabling oil & gas companies to inspect their assets and infrastructure in a rapid, safe, and cost-effective way. Operators can improve maintenance, operations, and safety through drones in real-time in the oil & gas sector. This is expected to drive the drone-based consulting services market in Middle East & Africa.
Market split by Type, can be divided into:
Fixed Wing, Rotary Wing, Others.
Market split by Application, can be divided into:
Aerial photography, Remote sensing, Data acquisition and analytics, Mapping and surveying, 3D modeling, Others
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The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Drone-Based Consulting Service market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Drone-Based Consulting Service industry to help players plan effective expansion strategies.
Regions Covered in the Global Drone-Based Consulting Service Market:
• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East & Africa (Kuwait, Saudi Arabia Egypt)
Years Considered to Estimate the Market Size:
History Year: 2019-2020
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022-2030
What market dynamics does this report cover?
The report shares key insights on:
Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
It helps companies make strategic decisions
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