The Commercial Drones Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Commercial Drones Market:
https://www.thebusinessresearchcompany.com/report/commercial-drone-global-market-report
According to The Business Research Company’s Commercial Drones Global Market Report 2024, The commercial drones market size has grown rapidly in recent years. It will grow from $1.95 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to technological advancements, regulatory frameworks, industry-specific applications, growing awareness.
The commercial drones market size is expected to see strong growth in the next few years. It will grow to $2.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to expanding use cases, data analytics and ai integration, environmental and sustainability initiatives, investment and research, urbanization and infrastructure development. Major trends in the forecast period include increased adoption in various industries, technological advancements, use of drones in e-commerce and delivery, rise of drone-as-a-service (daas) model.
Commercial drones are being considered by companies that have last-mile delivery as their main business process. The drones will help reduce the cost per delivery and delivery time, thus increasing profits. Increasing the growth of the commercial drones market. According to a McKinsey report, if companies save 40% of their delivery costs using drones, then they will enjoy a 15%–20% increase in their profit margin and a 15-20% decrease in their product or service prices. For example, in June 2022, Amazon.com, Inc., a US-based web service provider and online retailer, started Prime Air Service in California, the USA. Using drones, Amazon’s Prime Air service is expected to deliver packages weighing up to five pounds in less than an hour. Customers in Lockeford, California, and College Station, Texas, will be able to use the service.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=2580&type=smp
The commercial drones market covered in this report is segmented –
1) By Type: Fixed wing drones; Rotary blade drones; Hybrid drones
2) By Technology: Remotely Operated; Semi-Autonomous; Autonomous
3) By Application: Agriculture and environment; Media and entertainment; Energy; Government; Construction & archaeology; Others
Major Players:
- SZ DJI Technology Co. Ltd.
- Parrot SA
- AeroVironment Inc.
- PrecisionHawk Inc.
- Draganfly Inc.
The commercial drones market report table of contents includes:
1. Executive Summary
2. Commercial Drones Market Characteristics
3. Commercial Drones Market Trends And Strategies
4. Commercial Drones Market – Macro Economic Scenario
5. Global Community Food Services Market Size and Growth
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Related Reports:
Coal, Lignite and Anthracite Mining Market Size, Predicting Share and Scope Trends for 2024-2033
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
