openPR Logo
Press release

Commercial Drones Market: Comprehensive Analysis, Industry Survey, Size, Growth and Forecasted Report by 2023

02-27-2018 01:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

Commercial Drones Market: Comprehensive Analysis, Industry

Commercial drone is an unmanned aircraft system which is utilized for carrying out complex commercial operations for businesses and governments. Various components can be attached to the drones for carrying out specific tasks. Commercial drones can carry higher payload, fly for longer period, and they have advanced flight controllers and sensors. As it can be easily controlled from remote locations and reach normally inaccessible locations, it find applications such as high altitude mapping, land surveying, media coverage, movie production, precision agriculture, real estate exploration, retail delivery, search & rescue operations, law enforcement surveillance and industrial surveillance among others. Unlike the conventional delivery vehicles, commercial drones require less energy and it can provide last mile connectivity. The FAA and other international regulations for commercial drones in terms of registration and operations are opening up the sector for more commercial applications. Commercial drones with a weight of less than 55 pounds, remotely controlled by a licensed drone operator within visual limits, are allowed to operate up to an altitude of 400 meters. However, this rule is not applicable for autonomously operating drones.

Get Sample Copy of this Report: https://www.infiniumglobalresearch.com/reports/sample_request/18

DJI innovations and parrot SA command huge share in the global commercial drones market. Huge investments in research & development, product innovation, acquisitions & mergers characterize the global commercial drones market.

Precision agriculture segment is the largest application segment in the commercial drones market, as drones are very useful in monitoring weather, soil, crops, livestocks and controlling pests among others. Increasing number of applications that benefits governments, such as disaster management, environmental studies, infrastructure monitoring, and research & development among others are driving the growth of the global commercial drones market. Growing demand for drones for law enforcement, due to their advanced features that allow transmission of high resolution images, videos and live surveillance data to the control rooms drive the growth of the global commercial drones market. Increasing instances of drug trafficking, terror activities, criminal assaults are expected to further enhance the demand for commercial drones for surveillance. Availability of advanced systems for capturing images and recording videos at high resolutions such as HD and 4k is driving the demand for commercial drones in media, and movies industries. Moreover, with the availability of compatible smart phones and other portable devices, more applications for commercial drones are expected to become popular during the forecast period. Due to superior flight stability and cost effectiveness, the demand for rotary blade drones for commercial applications is anticipated to grow significantly during the forecast period. Formal regulations in various countries regarding commercial registration, applications, qualification for the remote drone pilots, are expected to enhance the growth of the commercial drones market. The demand for commercial drones for industrial applications such as inspection of machinery installations, oil & gas pipelines, solar & wind turbine farms, and other industrial infrastructure is expected to grow significantly during the forecast period. As drones require less energy when compared to other delivery vehicles and it is easier control remotely, the demand for drones for retail delivery from e-commerce and retail sectors for short distances are expected to grow during the forecast period 2017-2023.

For More Enquiry on This Report: https://www.infiniumglobalresearch.com/reports/enquiry/18

Absence of regulatory frameworks in many countries is a major restraint for the commercial drones market, as it prevents use of drones for many commercial operations. The apprehension about misuse of drones for spying and other illegal activities among public and governments is a restraint for the market. Shortage of certified drone operators is another restraint for the global commercial drones market, even as more companies are starting commercial services. Research and development and technological advancements in the sector are yielding more applications for commercial drones and it is expected to provide growth opportunities for the major players in the commercial drones market. Moreover, there are export opportunities for the manufacturers of commercial drones to the regions where the drones industry is nascent.

Segments Covered

The report covers the analysis of global as well as regional markets of commercial drones market. Moreover, the global commercial drones market is segmented by application and by drone type. The global commercial drones market by application coversaerial photography, energy and infrastructure, entertainment & media, forest fire monitoring, high altitude imaging, mapping, natural hazards monitoring, precision agriculture, retail delivery, surveillance & inspection and some others. On the basis of drone type, the market is segmented as fixed wing, hybrid, multi-rotor, single rotor, nano and some others.

Geographies covered

The global commercial drones market covers the analysis of geographies such as North America, Europe, Asia-Pacific and RoW. In this section, the key trends and market size for each region is provided over the period of 2017 – 2023.

Among geographies, North America is the largest commercial drones market in the world. The presence of large number of drone manufacturers and increasing number of applications for drones in various sectors such as monitoring of cattle and irrigation equipment, precision agriculture, retail delivery, and surveillance are driving the growth of the North American commercial drones market. Europe is expected to be the fastest growing market in terms of CAGR over the forecast period 2017-2023. Favorable European Union regulations, growing demand from agriculture, law enforcement and some other sectors are driving the growth of the European commercial drones market. Increasing demand for commercial drones from countries such as Australia, China, Japan and India for applications in sectors such as agriculture, construction and media & movies among others drive the growth of Asia-Pacific commercial drones market. A presence of large number of drone manufacturers and exporters in Israel drives the Middle East commercial drones market.

Complete report at: https://www.infiniumglobalresearch.com/ict_semiconductor/commercial_drones_market

Companies Profiled

The companies covered in the report include manufacturers of global commercial drones Market include AeroVironment Inc, Aurora Flight Sciences, BAE Systems Plc, DJI Innovations,Draganfly, Elbit Systems Ltd, Israel Aerospace Industries, Lockheed Martin Corporation, Northrop Grumman, Parrot SA,3D Robotics Inc, Textron Inc and The Boeing Company.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us

Infinium Global Research,
Toll Free:
U.S. + Canada: 1-800-638-0796,
Website : https://www.infiniumglobalresearch.com
Email: sales@infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Commercial Drones Market: Comprehensive Analysis, Industry Survey, Size, Growth and Forecasted Report by 2023 here

News-ID: 959725 • Views: 149

More Releases from Infinium Global Research

Amidst of COVID-19 Outbreak, Infinium Extends Its Support to the Industry by Off …
We understand that industries are affected worse than before. The global outbreak of Coronavirus has brought all of us to stand still and have negatively impacted the companies and industries financially and non-financially. Get Discount on Research Report@ https://www.infiniumglobalresearch.com/contact-form What we assure the industries is that they must not panic about the situation as we believe that every cloud has a silver lining. We will surely bounce back and hit the
Genome Engineering Market: Global Industry Analysis, Trends, Market Size and For …
Our latest research report entitled Genome Engineering Market (by technology (clustered regularly interspaced short palindromic repeats, and other), application (cell line engineering, animal genetic engineering, and other) and end-user (biotechnology & pharmaceutical companies, academic & government research institutes and others)) provides complete and deep insights into the market dynamics and growth of Genome Engineering. Latest information on market risks, industry chain structure Genome Engineering cost structure and opportunities are offered
Computed Tomography Market 2018 : Global Industry Growth, Opportunities, Consump …
Our latest research report entitled Computed Tomography Market (by application (cardiovascular, oncology, diagnostics, neurology, and spinal application), types (low slice, medium slice, and high slice), end- user (diagnostic services, hospitals and clinics)) provides complete and deep insights into the market dynamics and growth of Computed Tomography. Latest information on market risks, industry chain structure Computed Tomography cost structure and opportunities are offered in this report. The past, present and forecast
Global Protein Ingredients Market – Invention Analysis, Size, Share, Evolution …
Our latest research report entitled Protein Ingredients Market (by source (animal source and plant source), application (food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals)) provides complete and deep insights into the market dynamics and growth of Protein Ingredients. Latest information on market risks, industry chain structure Protein Ingredients cost structure and opportunities are offered in this report. The past, present and forecast market information will

All 5 Releases


More Releases for Commercial

Commercial Construction in Indonesia
Commercial Construction in Indonesia Overview "Commercial Construction Market in Indonesia: Market Size, Growth and Forecast Analytics to 2021" contains historic and forecast market data for the commercial construction market in Indonesia, with a detailed breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition) and by cost type( construction materials, construction equipment and construction services). This report also contains overall values of the commercial construction segments such as
commercial refrigerator
"On the initiative of Şeyda Yalçın, buzrefrigeration which is based on Buzçelik brand (1982); began to serve refrigeration sector to provide products and consultancy in Buzcelik Company located in Konya Industry Area. Our company, which owns commercial refrigerators, industrial cooling systems, shop and market equipments and commercial ovens, having developed its portfolio in a short time has delivered service quality to all world, especially Israel, England, Tunisia, Lebanon, France, Germany. " "On
Commercial Refrigeration Equipment Market : Demand for Commercial Refrigeration …
Commercial refrigeration equipment are refrigerators with remote or self-contained condensing units. These refrigerators are designed especially for commercial use with a wide range of temperature control (typically from -18°C to +10°C). Commercial refrigerators are largely used for food and beverage storage and merchandising purposes. Commercial refrigeration equipment is expected to witness strong demand globally, especially due to growing frozen and processed food consumption. Commercial refrigeration equipment is commonly used at
Commercial Janitorial Supplies
Residential or commercial spaces that are clean and sanitized definitely offer your visitors a pleasant experience and augment the beauty of your environment. Commercial janitorial supplies refer to a whole range of products that make your light and heavy duty cleaning tasks easy. Products to Serve your Cleaning Needs Owing to the advancements in technology, stylish and handy cleaning devices and safe cleaning chemicals are readily available in the market.
Commercial Washing Machines
Spectrum Garment Finishing Equipments Pvt. Ltd. Since in the year 1985, is a manufacturer, exporter and supplier of Industrial Washing Machines, Pressing Machines, Laundry Machines, Hydro Extractors, Drying Tumblers, Dry Cleaning Machines, Washer Extractors, Flat Bed Press, Flat Work Ironer, Stain Removing Machines and Steam Finishing Machines, etc. With over 25 years of engineering expertise, one can be assured of getting the best equipment in the market that will
Iceland - Commercial property market
After sharp increases in commercial property prices last year, the market will grow calmer next year. A cool down in the economy, high interest rates and a vast increase in supply will lead to a slowdown in activity. Growth in service sector - higher concentration of property in the Reykjavik area and both new and old core areas have been growing. There are signs of a slowdown in demand in