Market Overview

The Global Drones Market was valued at USD 38,675.0 million in 2023 and is expected to reach USD 85,345.9 million by 2031 while growing at a CAGR of 10.4% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global drone market growth. A drone, or Unmanned Aerial Vehicle (UAV), operates without a human pilot on board. Drones can be controlled remotely by a human operator or autonomously programmed for specific flight paths or tasks, varying in size and type from small consumer quadcopters to large military UAVs.

Advancements in automation and AI, along with expanding applications across industries, propel the drone market. However, regulatory challenges and technological limitations present potential obstacles to its expansion.

Furthermore, the global drone industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Drones Market is segmented among Construction, Agriculture, Energy, Entertainment, Law Enforcement, and Other Applications, based on Application. In 2023, Construction accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Type Analysis

The Global Drones Market is segmented among Fixed-wing Drones, and Rotary-wing Drones, based on Type. In 2023, Fixed-wing Drones accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Drones Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are BirdsEyeView Aerobotics, Delair SAS, Drone Delivery Canada, DroneDeploy Inc., Guangdong Syma Model Aircraft Industrial Co. Ltd, Intel Corporation, Parrot Drones SAS, Pix4D SA, PrecisionHawk Inc., and SZ DJI Technology Co. Ltd (DJI).

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Drones Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Drones Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Drones Market Segmentation, By Application

• Global Drones Market Share Analysis, By Application

• Global Drones Market Growth Analysis, By Application

• Global Drones Market Trends, By Application

o Construction

o Agriculture

o Energy

o Entertainment

o Law Enforcement

o Other Applications

6. Global Drones Market Segmentation, By Type

• Global Drones Market Share Analysis, By Type

• Global Drones Market Growth Analysis, By Type

• Global Drones Market Trends, By Type

o Fixed-wing Drones

o Rotary-wing Drones

7. Global Drones Market Segmentation, By Region

• Global Drones Market Share Analysis, By Region

• Global Drones Market Growth Analysis, By Region

• Global Drones Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• BirdsEyeView Aerobotics*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Delair SAS

• Drone Delivery Canada

• DroneDeploy Inc.

• Guangdong Syma Model Aircraft Industrial Co. Ltd

• Intel Corporation

• Parrot Drones SAS

• Pix4D SA

• PrecisionHawk Inc.

• SZ DJI Technology Co. Ltd (DJI)

 *Similar analysis will be provided for each company listed above.