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Strategic Forecast for the Drone Services Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Drone Services Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the drone services market size has seen a significant upward trajectory. Projected to escalate from $18.59 billion in 2024 to $24.68 billion in 2025, the compound annual growth rate (CAGR) is an impressive 32.8%. Factors contributing to the historical period of growth include the cost-effectiveness of data collection, a surge in demand for monitoring and surveillance, an increase in usage within the agricultural sector, developments in construction and infrastructure sectors, as well as emergency response and disaster management.
How Will the Drone Services Market Size Evolve and Grow by 2029?
The industry of drone services is predicted to witness a sharp rise in its market size in the coming years. By 2029, it is projected to inflate to "$70.74 billion, growing at a compound annual growth rate (CAGR) of 30.1%. Factors contributing to this growth during the forecast period encompass improved integration in logistics and delivery, progress in environmental surveillance, broader application in public safety, developments in precision farming and innovative uses in entertainment and media. Notable trends within this timeframe will involve the enhancement of self-governing drone operations, assimilation with artificial intelligence (AI) and analysis, widening of drone services in the public safety sector, establishment of regulatory structures, and tailored solutions for industry-specific applications.
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What Drivers Are Propelling the Growth of Drone Services Market Forward?
The drone services market is set to flourish due to the rising employment of commercial drones. Commercial drones are those weighing under 55 pounds, specifically designed for commercial applications. Their upkeep necessitates training, simulation, and repair services, among others. Consequently, the expanding use of such drones is projected to strengthen the drone service market. For instance, as per a study released by the Federal Aviation Administration, an organization based in the US that regulates the manufacture, operation, and maintenance of aircraft, there are 880,294 registered drones in the US as of 2023, with 349,580 of these for commercial use. Hence, the escalating use of commercial drones is propelling the drone services market's growth.
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Which Emerging Trends Are Transforming the Drone Services Market in 2025?
The drone services market is increasingly popularized by the central trend of product innovation. To bolster their market standing, key companies in this sector are creating products with superior features. For example, Wing Aviation LLC, an American company that specializes in designing, manufacturing, and employing delivery drones, unveiled a new drone delivery service in April 2022. The distinct characteristic of this service is its convenience in ordering and receiving health and wellness products by drone deliveries at user's homes. The anticipated arrival of aircraft in compact containers that function as mini hangars allows each company to quickly and conveniently deploy a small, dedicated fleet from locations like its parking area, roof, or spots adjacent to the building.
What Are the Key Segments in the Drone Services Market?
The drone services market covered in this report is segmented -
1) By Service Type: Drone Platform Service, Drone MRO (Maintenance, Repair, and Overhaul) Service, Drone Training And Simulation Services
2) By Solution: Enterprise, Point
3) By Application: Aerial Photography And Remote Sensing, Data Acquisition And Analytics, Mapping And Surveying, Modeling, Disaster Risk Management And Mitigation, Inspection And Environmental Monitoring, Other Applications
4) By End Use Industry: Agriculture, Infrastructure, Oil And Gas, Logistic, Other End Use Industries
Subsegments:
1) By Drone Platform Service: Aerial Photography And Videography, Surveying And Mapping, Agriculture Monitoring, Infrastructure Inspection
2) By Drone MRO (Maintenance, Repair, And Overhaul) Service: Preventive Maintenance, Repair Services, Parts Replacement, Software Updates
3) By Drone Training And Simulation Services: Pilot Training Programs, Flight Simulation Training, Certification Courses, Safety And Compliance Training
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Who Are the Key Players Shaping the Drone Services Market's Competitive Landscape?
Major companies operating in the drone services market include Phoenix Drone Services LLC, PrecisionHawk Inc., Cyberhawk Innovations Limited, Sky-Futures Limited, Terra Drone Corporation, AgEagle Aerial Systems Inc., Aerodyne Group, Aerial Drone Services Inc., Sharper Shape Inc., Arch Aerial LLC, Australian UAV Pty Ltd., Drone Services Canada Inc., FlyGuys Inc., Measure UAS Inc., Delair Tech SAS, senseFly Ltd., Kespry Inc., Uplift Data Partners Inc., Skyward IO Inc., Flyability SA, HUVRData LLC, Identified Technologies Corporation, Airobotics Ltd., Flytrex Aviation Ltd., Zipline International Inc., Volansi Inc., Flirtey Holdings Inc., Matternet Inc., Wingcopter GmbH & Co. KG, Elroy Air Inc., Vayu Group Inc., Iris Automation Inc., Quantum-Systems GmbH, Percepto Ltd.
What Geographic Markets Are Powering Growth in the Drone Services Market?
North America was the largest region in the drone services market in 2024.Europe is expected to be the fastest-growing region in the drone services market report during the forecast period. The regions covered in the drone services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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