The global commercial drones market attained a value of about USD 41.37 Billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 35.90% to reach nearly USD 654.12 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Commercial Drones Market Outlook
*this image is indicative*
| Global Commercial Drones Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 41.37 |
| Market Size 2032 | USD Billion | 654.12 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 35.9% |
| CAGR 2024-2032 - Market by Region | North America | 41.6% |
| CAGR 2024-2032 - Market by Country | India | 42.4% |
| CAGR 2024-2032 - Market by Country | UK | 41.4% |
| CAGR 2024-2032 - Market by Product Type | Rotary Blade | 40.2% |
| CAGR 2024-2032 - Market by Application | Filming and Photography | 40.9% |
| Market Share by Country 2023 | UK | 3.5% |
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The demand for commercial drones significantly escalated during the COVID-19 outbreak in 2020 as various governments employed them for the surveillance and supervision of dense areas during nationwide lockdowns, which has aided the market growth. Moreover, commercial drones were increasingly deployed for the delivery of essentials, such as medical supplies, owing to social distancing and stay-at-home orders amidst the surge of the COVID-19 pandemic, which has augmented the market growth. Commercial drones are also being employed to deliver critical COVID-19 vaccinations in various countries. For instance, the government of Ghana partnered with Zipline to deliver COVID-19 vaccines in various rural facilities by drones. Such developments are positively impacting the market growth.
The rising trend of precision agriculture, which utilises various technologies to increase the yield, is propelling the market growth. Drones are extensively used in several agricultural applications, such as crop analysis and pesticide spraying, which is augmenting the industry growth. Moreover, the integration of various imaging technologies, such as multispectral, hyperspectral, and thermal, among others, with droning technologies to provide insights into crop health, growth bottlenecks, and fungal infections, among others, is invigorating the growth of the commercial drones industry. In addition, the increasing automation and accurate global positioning system (GPS) to modernise soil analysis and crop health monitoring are surging the demand for commercial drones, which is bolstering the market growth.
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Commercial drones, variously known as unmanned aerial vehicles, are aircraft that function without human intervention and are used in various industries to enhance the safety and efficiency of operations. Commercial drones primarily aid in monitoring and delivery in various industries, due to which they are increasingly being deployed.
The major product types of commercial drones are:
The market can be broadly categorised on the basis of its applications segments into:
Based on end use, the market is divided into:
The regional markets of commercial drones like:
| CAGR 2024-2032 - Market by | Country |
| India | 42.4% |
| UK | 41.4% |
| USA | 40.9% |
| Germany | 37.3% |
| China | 35.4% |
| Canada | XX% |
| France | XX% |
| Italy | XX% |
| Japan | 22.1% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
The rising demand for commercial drones in various applications, such as surveillance, construction, and agriculture, among others, is propelling the market growth. As drones aid in efficient data collection, they are increasingly employed in the construction industry, which is fuelling the market growth. The development of drones that comply with the regulatory safety standards to prevent accidents is providing further impetus to the market growth. Moreover, increasing awareness regarding the significance of skilled professionals to fly the drones at job sites is invigorating the market growth. The growing demand for sophisticated and reliable designs is also surging the deployment of commercial drones.
The potential of drones to be employed in the entertainment and healthcare industries is projected to fuel the market growth in the coming years. Moreover, advancements in imaging technologies are further projected to increase the demand for commercial drones in various high-end applications, which is estimated to bolster the industry growth. The integration of the latest technologies, such as artificial intelligence (AI) and machine learning (ML), in drones to automate numerous operations and collect and implement visual data while enhancing safety and efficiency is expected to strengthen the industry growth. Moreover, the trend of smart mobility of drones to increase their commercial accessibility is anticipated to augment the growth of the commercial drones industry in upcoming years.
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The report presents a detailed analysis of the following key players in the global commercial drones market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global commercial drones market attained a value of nearly USD 41.37 Billion.
The market is projected to grow at a CAGR of 35.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 654.12 Billion by 2032.
The market is being driven by the rising demand for drones for surveillance and delivery during the COVID-19 pandemic and the growing use of drones in precision agriculture.
The key trends guiding the market growth include the rising demand for commercial drones in the construction sector, advancements in imaging technologies, and the integration of artificial intelligence (AI) and machine learning (ML) in drone technology.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major product types of commercial drones in the industry are fixed wing, rotary blade, and hybrid.
The significant application segments of commercial drones in the market are filming and photography, inspection and maintenance, mapping and surveying, precision agriculture, and surveillance and monitoring, among others.
The leading end uses of commercial drones are agriculture, delivery and logistics, energy, media and entertainment, real estate and construction, and security and law enforcement, among others.
The major players in the industry are Aeronavics Ltd., AeroVironment, Inc., Autel Robotics, SZ DJI Technology Co., Ltd., and Draganfly Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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