Global Commercial Drone market report, market size, share, trends, analysis and forecast to 2028

Stratistics MRC's Global Commercial Drone Market value is expected to reach $35.81 billion growing at a CAGR of 27.6% during 2022-2028.

Aircrafts that have the capacity to fly autonomously with the assistance of an embedded program or which can be remotely operated from ground by a pilot are called as drones. Commercial drones are unmanned aerial aircrafts that are designed for commercial applications such as risk mitigation, resource planning, research & excavation, urban planning, engineering, farming management, tourism, aerial imaging, LiDAR applications, cargo management, weather monitoring, traffic control, green mapping, and others. These applications are used by several sectors such as agriculture and environment, media & entertainment, energy, government, and others as business solutions.

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By geography, Asia Pacific is projected to have the highest CAGR over the forecast period, as the market growth is likely to be driven by a favorable regulatory landscape, especially among the developed nations. Several governments are constantly working on formulating new regulations for the commercial applications of drones. Moreover, numerous start-up companies are testing new applications of drones for commercial purposes and working on enhancing the safety of the drones.

Some of the key players in Commercial Drone market include 3D Robotics, Inc., Intel Corporation, Azur Drones, Teal Drones, Aeronavics Ltd, Zipline, SKYDIO Inc, Parrot Group, Teledyne , Draganfly Innovations Inc., Autel Robotics, PrecisionHawk Inc., AeroVironment Inc, XAG Co. (China), AgEagle Aerial Systems Inc, DJI, YUNEEC.

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