NEW YORK, Oct. 3, 2022 /PRNewswire/ -- The commercial drones market is fragmented due to the presence of global and regional vendors competing with each other. Vendors are deploying organic and inorganic growth strategies to compete in the market. The competition among these vendors is moderate. The market is highly dependent on technological innovations. Therefore, several vendors compete to adopt the latest technologies in their devices. 

The commercial drones market size is expected to grow by USD 23.63 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 38.46% during the forecast period, according to Technavio. The rise in applications of drones is driving the commercial drone market growth. However, factors such as restrictive laws and regulations governing UAV use may challenge the market growth.

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

The commercial drones market report covers the following areas:

• Commercial Drones Market size
• Commercial Drones Market trends
• Commercial Drones Market industry analysis

• Product 
• Software And Services
• Hardware
• End-user 
• Infrastructure
• Media And Entertainment
• Public Safety
• Agriculture
• Others
• Geography 
• North America
• Europe
• APAC
• Middle East And Africa
• South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

North America will account for 43% of the market's growth during the forecast period. This growth is attributed to factors such as the expanding use of drones in various commercial applications such as agriculture and oil and gas pipeline surveys, logistics, and construction purposes. Moreover, market growth in this region will be faster than the growth of the market in other regions. The US is the key country for the commercial drones market in North America.

We provide a detailed analysis of around 25 vendors operating in the commercial drones market, including Aeronavics, AeroVironment Inc., AgEagle Aerial Systems Inc., Airbus SE, DroneDeploy Inc., EHang Holdings Ltd., Holy Stone, Influential Drones, Inmarsat Global Ltd, Parrot Drones SAS, PrecisionHawk Inc, Skycatch Inc., Skydio Inc., Skydrop LLC, Teal Drones Inc, Teledyne Technologies Inc., Trimble Inc., Wi Fi Alliance, Yuneec International Co. Ltd., Zipline International Inc., and Microsoft Corp.

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• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist commercial drones market growth during the next five years
• Estimation of the commercial drones market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the commercial drones market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of commercial drones market vendors

Small Drones Market by Type and Geography - Forecast and Analysis 2022-2026: The small drones market share is expected to increase by USD 8.58 billion from 2021 to 2026.

Drone Navigation System Market by End-user and Geography - Forecast and Analysis 2022-2026: The drone navigation system market share is expected to increase by USD 8.48 billion from 2021 to 2026.

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 25: Chart on Product - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product
• Exhibit 27: Chart on Comparison by Product
• Exhibit 28: Data Table on Comparison by Product

• 5.3 Software and services - Market size and forecast 2021-2026
• Exhibit 29: Chart on Software and services - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on Software and services - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on Software and services - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Software and services - Year-over-year growth 2021-2026 (%)

• 5.4 Hardware - Market size and forecast 2021-2026
• Exhibit 33: Chart on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on Hardware - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on Hardware - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Hardware - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product
• Exhibit 37: Market opportunity by Product ($ million)

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)

• 6.2 Comparison by End-user
• Exhibit 40: Chart on Comparison by End-user
• Exhibit 41: Data Table on Comparison by End-user

• 6.3 Infrastructure - Market size and forecast 2021-2026
• Exhibit 42: Chart on Infrastructure - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Infrastructure - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Infrastructure - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Infrastructure - Year-over-year growth 2021-2026 (%)

• 6.4 Media and entertainment - Market size and forecast 2021-2026
• Exhibit 46: Chart on Media and entertainment - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Media and entertainment - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Media and entertainment - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Media and entertainment - Year-over-year growth 2021-2026 (%)

• 6.5 Public safety - Market size and forecast 2021-2026
• Exhibit 50: Chart on Public safety - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Public safety - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Public safety - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Public safety - Year-over-year growth 2021-2026 (%)

• 6.6 Agriculture - Market size and forecast 2021-2026
• Exhibit 54: Chart on Agriculture - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Agriculture - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Agriculture - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Agriculture - Year-over-year growth 2021-2026 (%)

• 6.7 Others - Market size and forecast 2021-2026
• Exhibit 58: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 6.8 Market opportunity by End-user
• Exhibit 62: Market opportunity by End-user ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview
• Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation
• Exhibit 64: Chart on Market share by geography 2021-2026 (%)
• Exhibit 65: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison
• Exhibit 66: Chart on Geographic comparison
• Exhibit 67: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026
• Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 Europe - Market size and forecast 2021-2026
• Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.5 APAC - Market size and forecast 2021-2026
• Exhibit 76: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.7 South America - Market size and forecast 2021-2026
• Exhibit 84: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 88: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 France - Market size and forecast 2021-2026
• Exhibit 96: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 97: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 98: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on France - Year-over-year growth 2021-2026 (%)

• 8.11 UK - Market size and forecast 2021-2026
• Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 8.12 Japan - Market size and forecast 2021-2026
• Exhibit 104: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 105: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 106: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 107: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 8.13 Market opportunity by geography
• Exhibit 108: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges
• Exhibit 109: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 112: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 113: Vendors covered

• 11.2 Market positioning of vendors
• Exhibit 114: Matrix on vendor position and classification

• 11.3 Aeronavics
• Exhibit 115: Aeronavics - Overview
• Exhibit 116: Aeronavics - Product / Service
• Exhibit 117: Aeronavics - Key offerings

• 11.4 Influential Drones
• Exhibit 118: Influential Drones - Overview
• Exhibit 119: Influential Drones - Product / Service
• Exhibit 120: Influential Drones - Key offerings

• 11.5 Inmarsat Global Ltd
• Exhibit 121: Inmarsat Global Ltd - Overview
• Exhibit 122: Inmarsat Global Ltd - Business segments
• Exhibit 123: Inmarsat Global Ltd - Key offerings
• Exhibit 124: Inmarsat Global Ltd - Segment focus

• 11.6 Microsoft Corp
• Exhibit 125: Microsoft Corp - Overview
• Exhibit 126: Microsoft Corp - Business segments
• Exhibit 127: Microsoft Corp - Key news
• Exhibit 128: Microsoft Corp - Key offerings
• Exhibit 129: Microsoft Corp - Segment focus

• 11.7 Parrot Drones SAS
• Exhibit 130: Parrot Drones SAS - Overview
• Exhibit 131: Parrot Drones SAS - Product / Service
• Exhibit 132: Parrot Drones SAS - Key offerings

• 11.8 PrecisionHawk Inc
• Exhibit 133: PrecisionHawk Inc - Overview
• Exhibit 134: PrecisionHawk Inc - Product / Service
• Exhibit 135: PrecisionHawk Inc - Key offerings

• 11.9 Teledyne Technologies Inc.
• Exhibit 136: Teledyne Technologies Inc. - Overview
• Exhibit 137: Teledyne Technologies Inc. - Business segments
• Exhibit 138: Teledyne Technologies Inc. - Key news
• Exhibit 139: Teledyne Technologies Inc. - Key offerings
• Exhibit 140: Teledyne Technologies Inc. - Segment focus

• 11.10 Trimble Inc.
• Exhibit 141: Trimble Inc. - Overview
• Exhibit 142: Trimble Inc. - Business segments
• Exhibit 143: Trimble Inc. - Key offerings
• Exhibit 144: Trimble Inc. - Segment focus

• 11.11 Wi Fi Alliance
• Exhibit 145: Wi Fi Alliance - Overview
• Exhibit 146: Wi Fi Alliance - Product / Service
• Exhibit 147: Wi Fi Alliance - Key offerings

• 11.12 Yuneec International Co. Ltd.
• Exhibit 148: Yuneec International Co. Ltd. - Overview
• Exhibit 149: Yuneec International Co. Ltd. - Product / Service
• Exhibit 150: Yuneec International Co. Ltd. - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist
• Exhibit 151: Inclusions checklist
• Exhibit 152: Exclusions checklist

• 12.3 Currency conversion rates for US$
• Exhibit 153: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 154: Research methodology
• Exhibit 155: Validation techniques employed for market sizing
• Exhibit 156: Information sources

• 12.5 List of abbreviations
• Exhibit 157: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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