Drone Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Drone Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Drone Services Market
The global drone services market size was valued at USD 17.95 billion in 2023 and is projected to grow from USD 24.12 billion in 2024 to USD 213.87 billion by 2032, exhibiting a CAGR of 36.6% during the forecast period of 2024-2032.
The drone offerings marketplace contains various packages, from aerial images and surveillance to agriculture and shipping offerings. It has witnessed a full-size increase pushed using advancements in the drone era, an increasing call for aerial records collection, and increasing applications across diverse industries, affecting drone services market growth.
The drone offerings marketplace is fueled by using several vital elements riding its increase. These include improvements in drone generation, which have caused improved performance, capabilities, and affordability. Additionally, the increasing call for aerial facts collection throughout diverse agriculture, creation, and power industries is boosting the adoption of drone services.
AI-powered drones can carry out responsibilities autonomously, like pre-programmed flight paths or real-time obstacle avoidance. This improves performance by reducing human intervention and complements protection by minimizing the danger of human blunders for the duration of complicated operations, impeding the rise in drone services market share globally. This technological soar transforms how drones are used, making them more reliable and robust for various programs.
Comprehensive Analysis of Drone Services Market
Providers segment the drone services marketplace, including drone platform offerings, drone MRO offerings, and drone education & simulation offerings. Among these, surveillance & inspection applications maintain a distinguished role, pushed by increasing demands across diverse agriculture, oil & gasoline, and mining sectors. In terms of end-use industries, infrastructure emerges as the dominant segment, in most cases, due to the sizeable usage of drones in aerial surveying and mapping within the production region internationally. Additionally, the agriculture segment is poised for a widespread boom, propelled by the growing need for crop tracking and spraying offerings in conjunction with the increasing call for aerial photography and videography applications.
The North American region led the medical devices market by benefitting a size of USD 6.16 billion in 2023 due to the presence of the essential OEMs inside the area and the growing investments in research and development of subsequent drone technologies; his increase is attributed.
The growth trajectory of the drone services market is significantly influenced by leading players who establish industry standards and drive innovation. Key players such as Aerodyne Group (Malaysia), Terra Drone (Japan), AgEagle Aerial Systems Inc. (U.S.), Cyberhawk (U.K.), DroneDeploy (U.S.), Matternet (U.S.), PrecisionHawk (U.S.), Phoenix Drone Services LLC (U.S.), SenseFly (Switzerland), and Sky Futures Ltd (U.K.) contribute to a competitive landscape, fostering market advancement.
In January 2024, Walmart, Zipline, and Wing collaborated to provide drone transport services to almost 75% of the Dallas-Fort Worth population, creating the most extensive automated unmanned aerial car shipping network in the United States.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 36.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation
By Service Type
Drone Platform Services
Drone MRO Services
Drone Training & Simulation Services
By Application
Aerial Photography
Product Delivery
Surveillance & Inspection
Data Acquisition & Analytics
Others
By End-use Industry
Agriculture
Infrastructure
Oil & Gas
Logistics
Others
By Region
North America (By Service Type, Application, End-use Industry, and Country)
- U.S. (By Service Type)
- Canada (By Service Type)
Europe (By Service Type, Application, End-use Industry, and Country)
- U.K. (By Service Type)
- Germany (By Service Type)
- France (By Service Type)
- Russia (By Service Type)
- Rest of Europe (By Service Type)
Asia Pacific (By Service Type, Application, End-use Industry, and Country)
- China (By Service Type)
- India (By Service Type)
- Japan (By Service Type)
- Australia (By Service Type)
- Rest of Asia Pacific (By Service Type)
Middle East (By Service Type, Application, End-use Industry, and Country)
- U.A.E. (By Service Type)
- Saudi Arabia (By Service Type)
- Israel (By Service Type)
- Turkey (By Service Type)
- Rest of Middle East (By Service Type)
Rest of the World (By Service Type, Application, End-use Industry, and Sub-Region)
- Latin America (By Service Type)
- Africa (By Service Type)
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Table of Contents
0 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. Impact of Russia Ukraine War & COVID-19 Pandemic on Global Drone Services Market
- 5. Global Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Definition
- 5.2. Market Analysis, Insights and Forecast – By Service Type
- 5.2.1. Drone Platform Services
- 5.2.2. Drone MRO Services
- 5.2.3. Drone Training & Simulation Services
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Aerial Photography
- 5.3.2. Product Delivery
- 5.3.3. Surveillance & Inspection
- 5.3.4. Data Acquisition & Analytics
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By End-Use Industry
- 5.4.1. Agriculture
- 5.4.2. Infrastructure
- 5.4.3. Oil & Gas
- 5.4.4. Logistics
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia-pacific
- 5.5.4. Middle East
- 5.5.5. Rest of the World
- 6. North America Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Service Type
- 6.1.1. Drone Platform Services
- 6.1.2. Drone MRO Services
- 6.1.3. Drone Training & Simulation Services
- 6.2. Market Analysis, Insights and Forecast – By Application
- 6.2.1. Aerial Photography
- 6.2.2. Product Delivery
- 6.2.3. Surveillance & Inspection
- 6.2.4. Data Acquisition & Analytics
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 6.3.1. Agriculture
- 6.3.2. Infrastructure
- 6.3.3. Oil & Gas
- 6.3.4. Logistics
- 6.3.5. Others
- 6.4. Market Analysis – By Country
- 6.4.1. The U.S. (By Service Type)
- 6.4.2. Canada (By Service Type)
- 7. Europe Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Service Type
- 7.1.1. Drone Platform Services
- 7.1.2. Drone MRO Services
- 7.1.3. Drone Training & Simulation Services
- 7.2. Market Analysis, Insights and Forecast – By Application
- 7.2.1. Aerial Photography
- 7.2.2. Product Delivery
- 7.2.3. Surveillance & Inspection
- 7.2.4. Data Acquisition & Analytics
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 7.3.1. Agriculture
- 7.3.2. Infrastructure
- 7.3.3. Oil & Gas
- 7.3.4. Logistics
- 7.3.5. Others
- 7.4. Market Analysis – By Country
- 7.4.1. U.K (By Service Type)
- 7.4.2. Germany (By Service Type)
- 7.4.3. France (By Service Type)
- 7.4.4. Russia (By Service Type)
- 7.4.5. Rest of Europe (By Service Type)
- 8. Asia Pacific Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Service Type
- 8.1.1. Drone Platform Services
- 8.1.2. Drone MRO Services
- 8.1.3. Drone Training & Simulation Services
- 8.2. Market Analysis, Insights and Forecast – By Application
- 8.2.1. Aerial Photography
- 8.2.2. Product Delivery
- 8.2.3. Surveillance & Inspection
- 8.2.4. Data Acquisition & Analytics
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 8.3.1. Agriculture
- 8.3.2. Infrastructure
- 8.3.3. Oil & Gas
- 8.3.4. Logistics
- 8.3.5. Others
- 8.4. Market Analysis – By Country
- 8.4.1. China (By Service Type)
- 8.4.2. Japan (By Service Type)
- 8.4.3. India (By Service Type)
- 8.4.4. Australia (By Service Type)
- 8.4.5. Rest of Asia Pacific (By Service Type)
- 9. Middle East Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Service Type
- 9.1.1. Drone Platform Services
- 9.1.2. Drone MRO Services
- 9.1.3. Drone Training & Simulation Services
- 9.2. Market Analysis, Insights and Forecast – By Application
- 9.2.1. Aerial Photography
- 9.2.2. Product Delivery
- 9.2.3. Surveillance & Inspection
- 9.2.4. Data Acquisition & Analytics
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 9.3.1. Agriculture
- 9.3.2. Infrastructure
- 9.3.3. Oil & Gas
- 9.3.4. Logistics
- 9.3.5. Others
- 9.4. Market Analysis – By Country
- 9.4.1. UAE (By Service Type)
- 9.4.2. Saudi Arabia (By Service Type)
- 9.4.3. Israel (By Service Type)
- 9.4.4. Turkey (By Service Type)
- 9.4.5. Rest of Middle East (By Service Type)
- 10. Rest of the World Drone Services Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Market Analysis, Insights and Forecast – By Service Type
- 10.1.1. Drone Platform Services
- 10.1.2. Drone MRO Services
- 10.1.3. Drone Training & Simulation Services
- 10.2. Market Analysis, Insights and Forecast – By Application
- 10.2.1. Aerial Photography
- 10.2.2. Product Delivery
- 10.2.3. Surveillance & Inspection
- 10.2.4. Data Acquisition & Analytics
- 10.2.5. Others
- 10.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 10.3.1. Agriculture
- 10.3.2. Infrastructure
- 10.3.3. Oil & Gas
- 10.3.4. Logistics
- 10.3.5. Others
- 10.4. Market Analysis – By Region
- 10.4.1. Latin America (By Service Type)
- 10.4.2. Africa (By Service Type)
- 11. Competitive Analysis
- 11.1. Global Market Rank Analysis (2022)
- 11.2. Competition Dashboard
- 12. Company Profiles
- 12.1. Aerodyne Group (Malaysia)
- 12.1.1. Overview
- 12.1.2. Products & services
- 12.1.3. SWOT analysis
- 12.1.4. Recent developments
- 12.1.5. strategies
- 12.1.6. financials (based on availability)
- 12.2. Terra Drone (Japan)
- 12.2.1. Overview
- 12.2.2. Products & services
- 12.2.3. SWOT analysis
- 12.2.4. Recent developments
- 12.2.5. strategies
- 12.2.6. financials (based on availability)
- 12.3. AgEagle Aerial Systems Inc. (U.S.)
- 12.3.1. Overview
- 12.3.2. Products & services
- 12.3.3. SWOT analysis
- 12.3.4. Recent developments
- 12.3.5. strategies
- 12.3.6. financials (based on availability)
- 12.4. Cyberhawk (U.K.)
- 12.4.1. Overview
- 12.4.2. Products & services
- 12.4.3. SWOT analysis
- 12.4.4. Recent developments
- 12.4.5. strategies
- 12.4.6. financials (based on availability)
- 12.5. DroneDeploy (U.S.)
- 12.5.1. Overview
- 12.5.2. Products & services
- 12.5.3. SWOT analysis
- 12.5.4. Recent developments
- 12.5.5. strategies
- 12.5.6. financials (based on availability)
- 12.6. Matternet (U.S.)
- 12.6.1. Overview
- 12.6.2. Products & services
- 12.6.3. SWOT analysis
- 12.6.4. Recent developments
- 12.6.5. strategies
- 12.6.6. financials (based on availability)
- 12.7. PrecisionHawk (U.S.)
- 12.7.1. Overview
- 12.7.2. Products & services
- 12.7.3. SWOT analysis
- 12.7.4. Recent developments
- 12.7.5. strategies
- 12.7.6. financials (based on availability)
- 12.8. Phoenix Drone Services Market LLC (U.S.)
- 12.8.1. Overview
- 12.8.2. Products & services
- 12.8.3. SWOT analysis
- 12.8.4. Recent developments
- 12.8.5. strategies
- 12.8.6. financials (based on availability)
- 12.9. SenseFly (Switzerland)
- 12.9.1. Overview
- 12.9.2. Products & services
- 12.9.3. SWOT analysis
- 12.9.4. Recent developments
- 12.9.5. strategies
- 12.9.6. financials (based on availability)
- 12.10. Sky Futures Ltd (U.K.)
- 12.10.1. Overview
- 12.10.2. Products & services
- 12.10.3. SWOT analysis
- 12.10.4. Recent developments
- 12.10.5. strategies
- 12.10.6. financials (based on availability)
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