Global Drone Market By Type Overview
Introduction:
Drone Market was valued at US$ 35.3 Billion in 2024 and is projected to grow at a CAGR of 13.90% to reach US$ 130.1 Billion by 2034.
Drones are remotely controlled unmanned aircraft. Drone consist of components like Camera, Battery, Propulsion System, Sensors, Navigation System, Transmitter, and others. There are different types of drones such as Fixed-Wing, Single-Rotor, Multi-Rotor, etc. Fixed-Wing drones are used for agriculture, construction, maintenance and public safety. Fixed-Wing drone saves lot of time and can fly up to ten times longer than multi-rotor drones. Single-Rotor drone is used for construction professionals and surveyors. Single-Rotor drone uses less battery or fuel as it flies and are more efficient in lift. Single-Rotor drones are expensive and has higher complexity. Growing usage of drones in commercial sectors such as media and entertainment, inspection, monitoring, surveying and mapping drives the growth of the drone market. The increasing use of drones in various military applications such as monitoring, surveying, and mapping, and combat operations contributes to the growth of the drone market. Government across the globe are also implementing drones in public safety services and are widely used by law and enforcement agencies for surveillance. Wide applications of drone has driven the market growth. Drones are also been used in aerial photography, geography mapping, shipping & delivery, precision agriculture, disaster management, weather forecast, search & rescue, law enforcement, entertainment, wildlife monitoring, etc. However, wide application and importance of drone with advanced technology has given positive impact on target market growth.
Global Drone Market By Type Dynamics
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
Restrains:
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Global Drone Market By Type Segmentation
Drone market report segments the market on the basis of type, capacity, component, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the drone market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index.
Global Drone Market By Type Key Players
Key players in the drone market includes, Boeing, BAE Systems, DJI, Yuneec Holding Ltd. Company, Intel Corporation, Parrot Drone SAS, Northrop Grumman, Textron Systems, AeroVironment Inc., Lockheed Martin Corporation, and others.
Global Drone Market By Type Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Capacity
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Type, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Fixed- Wing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Multi Rotor
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Capacity, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- < 25 Kg
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- 25- 150 Kg
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- > 150 kg
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Component, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Camera
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Battery
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Propulsion System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Sensors
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Navigation System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Military Activities
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Law Enforcement
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Precision Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Media and Entertainment
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Inspection and Monitoring
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Surveying and Mapping
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Capacity, ,2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Capacity, ,2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Capacity, ,2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Capacity, ,2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Capacity, ,2024 – 2034
- Market Size and Forecast (US$ Bn), By Component, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Boeing
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- BAE Systems
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- DJ
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- 3D Robotics, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- HoneyComb Corporation.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Israel Aerospace Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Northrop Grumman
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Textron
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- AeroVironment Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Lockheed Martin Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
Drone market is segmented based type, component, capacity, application and region.
Rising usage of drones in commercial sectors such as media & entertainment is the major factor driving growth of the global market.
North America region account major share in global drone market owing to major application in military sector in this region.
Some of the prominent players operating in the drone market includes Boeing, BAE Systems, DJI, 3D Robotics, Inc., Honeycomb Corporation., Israel Aerospace Industries, Northrop Grumman, Textron, AeroVironment Inc. and Lockheed Martin Corporation.