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Global Commercial Purpose Drone Market 2016-2020

About Commercial-purpose Drones

Drones are UAVs. Their flight is controlled with a handheld remote or GPS remote. GPS is used to track the drones. The gyrometer and accelerometer, which are attached to the drones, are used to control the drones during flight. Drones are primarily used for tasks that are of high risk to human life. They are extensively used for surveillance and rescue, emergency response, high-altitude imaging, forest-fire monitoring, flood mapping, humanitarian aid, product delivery, petroleum-spill monitoring, and Internet connectivity, as well as in the photography and film industry.

Along with the evolution of technology, drones have improved in terms of design, operating range and tenure, and data processing. Modern-day drones can process high-resolution videos and images and other surveillance data in real time. Drones help cut costs and save time while mitigating risks to human life.

Technavio’s analysts forecast the global commercial-purpose drones market to grow at a CAGR of 57% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial-purpose drones market for the period 2016-2020. To calculate the market size, the report uses the sales of commercial-purpose drones (including rotary-blade drones, fixed-wing drones, nano drones, and hybrid drones) used in:

  • Agriculture
  • Others (energy, infrastructure, and media and entertainment)
The market is divided into the following segments based on product:
  • Rotary blade drones
  • Others (fixed wing, nano, and hybrid)
Technavio's report, Global Commercial-purpose Drones Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3D Robotics
  • DJI
  • Parrot
  • Precision Hawk
Other
    prominent vendors
  • AeroVironment
  • Airware
  • AirDog
  • Alibaba
  • Amazon
  • Delair-Tech
  • Delta Drone
  • DHL
  • DroneDeploy
  • ECA
  • Facebook
  • Google
  • GoPro
  • Hero+
  • Hoovey
  • Microdrones
  • Redbird
  • SURVEY Copter
  • Trimble UAS
  • VDOS Global
Market
    driver
  • Growing usage of commercial-purpose drones across industries
  • For a full, detailed list, view our report
Market
    challenge
  • Stringent regulations
  • For a full, detailed list, view our report
Market
    trend
  • Widespread usage of drones in advertising
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial-purpose Drones Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Commercial-purpose Drones Market: 3D Robotics, DJI, Parrot and Precision Hawk.

Other Prominent Vendors in the market are: AeroVironment, Airware, AirDog, Alibaba, Amazon, Delair-Tech, Delta Drone, DHL, DroneDeploy, ECA, Facebook, Google, GoPro, Hero+, Hoovey, Microdrones, Redbird, SURVEY Copter, Trimble UAS, and VDOS Global.

Commenting on the report, an analyst from Technavio’s team said: “With advances in drone technology and the chances of relaxing laws related to drones, advertising agencies worldwide have started experimenting with the possibilities of drone advertising. They are developing drones that can fly billboards and drop promotional articles such as t-shirts. US-based Dronecast is one such advertising agency that specialize in drone advertising.”

According to the report, commercial drones are expected to be widely adopted in the agriculture sector during the forecast period, as these allow for better crop monitoring, leading to higher yields. Major tech companies such as Facebook and Google are planning to deploy solar-powered drones as flying Internet access points or hotspots, to provide connectivity to the world's more remote places.

Further, the report states that growth in the commercial-purpose drones market is hampered by stringent government regulations over security and safety.

Companies Mentioned

3D Robotics, DJI, Parrot, Precision Hawk, AeroVironment, Airware, AirDog, Alibaba, Amazon, Delair-Tech, Delta Drone, DHL, DroneDeploy, ECA, Facebook, Google, GoPro, Hero+, Hoovey, Microdrones, Redbird, SURVEY Copter, Trimble UAS, VDOS Global.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key geographies included
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Future outlook
    • Vendor strategy
      • Table Ansoff matrix
  • Market landscape
    • Market overview
      • Table Global commercial-purpose drones market overview
    • Market size and forecast
      • Table Global commercial-purpose drones market by revenue 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Global commercial-purpose drones market by product type 2015
  • Market segmentation by end-user
    • Table Global commercial-purpose drones market by end-user 2015
  • Geographical segmentation
    • Table Global commercial-purpose drones market by geography 2015
    • Table Global commercial-purpose drones market by geography 2015-2020
    • Table Global commercial-purpose drones market by geography 2015-2020 ($ millions)
    • Commercial-purpose drones market in Americas
    • Commercial-purpose drones market in APAC
    • Commercial-purpose drones market in EMEA
  • Market drivers
    • Growing usage of commercial-purpose drones across industries
    • Distinct attributes of drones
    • Rising need for surveillance
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Stringent regulations
      • Table Regulations for commercial-purpose drones in select countries 2015
    • Drone hacking
    • Privacy, safety, and design liabilities
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing capital funding for drone technology
    • High usage of drones in advertising
    • Rapid technological advances
  • Vendor landscape
    • Competitive scenario
    • Key vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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