Reaching New Heights: Commercial Drones Market Enroute to a $21.69 Billion Altitude by 2030, According to Allied Market Research

Allied Market Research recently published a report, titled, "Commercial Drones Market by Type (Fixed Wing, Rotary, and Hybrid), Mode of Operation (Remotely Operated, Semi-Autonomous, and Autonomous), and Application (Agriculture and Environment, Media and Entertainment, Energy, Government, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030." The report states that the global market for commercial drones is projected to garner $21.69 billion by 2030, having experienced a value of $2.72 billion in 2020, with a noteworthy CAGR of 23.7% from 2021 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/974

𝐋𝐢𝐬𝐭 𝐎𝐟 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

PrecisionHawk Inc.
AeroVironment, Inc.
Delair
Insitu Inc.
Yuneec International Co. Ltd.
SKYDIO
Aeryon Labs Inc.
DJI Technology Co., Ltd.
Parrot SA
Leptron Unmanned Aircraft Systems, Inc.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬, 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

The global commercial drones market is expanding rapidly due to robust demand for location-derived services involving e-commerce sector, shopping applications, and food delivery, technological advancements in products and ample growth rate of the drone sector. However, a rise in security and privacy concerns hamper market growth to some extent. On the contrary, increased application sectors for GIS, LiDAR, mapping services, and others will provide prolific growth opportunities in the upcoming future.

𝐓𝐡𝐞 𝐫𝐨𝐭𝐚𝐫𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐫𝐮𝐥𝐞 𝐭𝐡𝐞 𝐫𝐨𝐨𝐬𝐭

In terms of type, the hybrid segment is expected to experience the fastest growth by 2030 with 25.7% CAGR. The growth is attributed to surge in demand for high range drones with huge capacity. The rotary segment, on the other hand, held the largest market revenue contributing to more than two-thirds of the overall market share and would retain its dominance in terms of revenue from 2021 to 2030. This is because of robust demand for rotary-type commercial drones that are used for several commercial applications across the world. The fixed wing segment is also analyzed in the report.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/commercial-drone-market/purchase-options

𝐓𝐡𝐞 𝐫𝐨𝐭𝐚𝐫𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐛𝐲 𝟐𝟎𝟑𝟎-

By type, the rotary segment accounted for more than two-thirds of the global commercial drones market size share in 2020, and is anticipated to retain its dominance throughout the forecast period. This is owing to the high demand for rotary-type commercial drones that are being deployed for numerous commercial applications throughout the world. The hybrid segment, however, would showcase the fastest CAGR of 25.7% by 2030. Rise in demand for drones that offer a higher range and capabilities drives the growth of the segment. The report also includes an analysis of the fixed wing segment.

𝐓𝐡𝐞 𝐫𝐞𝐦𝐨𝐭𝐞𝐥𝐲 𝐨𝐩𝐞𝐫𝐚𝐭𝐞𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐡𝐞𝐥𝐝 𝐭𝐡𝐞 𝐥𝐢𝐨𝐧'𝐬 𝐬𝐡𝐚𝐫𝐞 𝐢𝐧 𝟐𝟎𝟐𝟎-

Based on mode of operation, the remotely operated segment held the lion's share in 2020, contributing to more than three-fourths of the global commercial drones market, and is expected to continue its lead during the forecast period. This is owing to high demand for remotely controlled drones across different industry applications worldwide. However, the autonomous segment is expected to witness the highest CAGR of 25.2% by 2030, due to the increase in investments in making self-driven commercial drones. The report also includes an analysis of the semi-autonomous segment.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/974

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

👉By type, the hybrid segment is expected to register a significant growth during the forecast period.
👉On the basis of mode of operation, the autonomous segment is anticipated to exhibit significant growth in future.
👉Depending on application, the media and entertainment segment is anticipated to exhibit significant growth in future.
👉Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐃𝐫𝐨𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

https://www.alliedmarketresearch.com/us-commercial-drones-market-A06731 - U.S. Commercial Drones Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Fixed Wing Drones, Rotary Blade Drones and Hybrid Drones), by Application (Agriculture & Environment, Media & Entertainment, Energy, Government, Construction & Archaeology and Others) and by Function (Connectivity, Services and Solutions): Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/drone-in-a-box-solutions-market-A14487 - Drone-in-a-Box Solutions Market Size, Share, Competitive Landscape and Trend Analysis Report by Product (Hardware, Software), by Application (Commercial, Residential, Military) and by Region (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/small-drones-market - Small Drones Market Size, Share, Competitive Landscape and Trend Analysis Report by Size (Nano drones and Micro drones), Type (Fixed Wing and Rotary Wing), and Application (Commercial, Defense, and Recreational): Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/public-safety-drones-market-A10140 - Public Safety Drones Market Size, Share, Competitive Landscape and Trend Analysis Report by Application (Search and Rescue, Firefighting, Law Enforcement, Others), by Drone Type (Fixed Wing, Multirotor, Hybrid), by Mode of Operation (Autonomous, Non-autonomous): Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/drone-service-market-A08531 - Drone Service Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Drone Platform Services, Drone Maintenance, Repair, and Overhaul (MRO) Services, and Drone Training & Education Services), Duration of Service (Short-Duration Services and Long-Duration Services), Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, and Others), and Solution (Enterprise and Point): Global Opportunity Analysis and Industry Forecast, 2021-2030

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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