HTF MI added a new research study in its database with title ‘Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’ that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors such as AeroVironment (United States), SZ DJI Technology Co. Ltd. (China), Parrot SA (France), 3D Robotics (United States), Leptron Unmanned Aircraft Systems Inc. (United States).The report will help user gain market insights, future trends and growth prospects for forecast period of 2019 to 2025 .
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Commercial Drones Market Scope
The adoption of commercial drones is increasing at a significant rate across the world, mainly due to the growing demand for improved data along to facilitate better and more effective data insights. Several vendors in the commercial drones market are focusing on developing innovative commercial UAVs that can provide access to better data at an affordable cost. The growing use of artificial intelligence (AI) will be one of the key commercial drones market trends that will gain traction over the forecast period.
The market study is being classified by Type (Fixed Wing Drones, Rotary Bade Drones and Hybrid Drones Segment), by Application (Agriculture and Environment, Media and Entertainment, Energy, Government, Construction & Archaeology and Others) and major geographies with country level break-up. According to HTF, the Global Commercial Drones market is expected to see growth rate of 31.08% and may see market size of USD18.0 Billion by 2024.
Research Analyst at HTF predicts that United States Players will contribute to the maximum growth of Global Commercial Drones market throughout the predicted period.
AeroVironment (United States), SZ DJI Technology Co. Ltd. (China), Parrot SA (France), 3D Robotics (United States), Leptron Unmanned Aircraft Systems Inc. (United States), PrecisionHawk (United States), Yuneec International Co. Ltd. (Hong Kong), Aeryon Labs (Canada), Trimble Navigation Ltd. (United States) and Insitu (A Boeing Company) (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Commercial Drones market by Type, Application and Region.
On the basis of geography, the market of Commercial Drones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mode of Operation, the sub-segment i.e. Remotely Operated Commercial Drones will boost the Commercial Drones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by MTOW Type, the sub-segment i.e. <25 Kilograms will boost the Commercial Drones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In February 2019, AeroVironment, Inc., a global leader in unmanned aircraft systems for both defense and commercial applications, introduced the next generation of its Quantix VTOL hybrid drone and the AeroVironment Decision Support System (AV DSS) for precision agriculture. and In February 2019, Insitu Commercial Solutions (operating through Insitu Pacific Pty. Ltd.) recently conducted a series of aerial data collection operations in Papua New Guinea (PNG) after obtaining its first approval to undertake commercial Unmanned Air Systems (UAS) operations in the country.
The Federal Aviation Association (FAA) released Title 14 CFR Part 107 rules that apply towards commercial use of small unmanned aircraft systems (sUAS). This rule includes the option to apply for a certificate of waiver or authorization (COA) which allows sUAS operators to deviate from Part 107 rules if the FAA finds that the proposed operation is performed safely.
Increasing Use of Commercial Drones By Defense Forces as Loitering Munition
Technological Developments in the Field of Drone Payloads
Exemptions Made By the Federal Aviation Administration (FAA) to Allow the Use of Commercial Drones in Several Industries
Increasing Preference for Modern Warfare Techniques By Defense Forces
Increased Deployment of UAVs to Carry Out Aerial Remote Sensing
Increased Defense Budgets of Emerging Economies
Surging Adoption of Commercial Drones for Cargo Delivery in Military Operations
Lack of Proper Air Traffic Management for UAVs
Lack of Skilled & Trained Personnel for Operating Commercial Drones
Restrictions Imposed on the Commercial Drones
Issues With Safety and Security
Key Target Audience
Manufacturers of Commercial Drones, Component Manufacturers of Commercial Drones, System Integrators, Government and Certification Bodies, Software Providers and End Users
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Strategic Points Covered in Table of Content of Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market. (Introduction)
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 (Market Dynamics- Drivers, Trends, Opportunity, Restraints & Challenges)
Chapter 4: Presenting the Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Global Commercial Drones Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source…..Continued
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