As per a comprehensive study published by ESOMAR-certified consulting firm FMI, the global Commercial Drones market is expected to witness moderate/healthy/strong growth over the forecast period from 2021 to 2030. The report emphasizes on providing key insights into diverse factors facilitating the demand, sales, and revenue generation in the Commercial Drones market.
The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market across 7 regions. The report also uncovers critical trends elevating the sales across various market segments in terms of (type), (application), and (end use) for the assessment period.
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Increasing Adoption of Artificial Intelligence-based Technologies to Create Tailwind for the Growth in the Commercial Drones Market
From automobiles to online shopping, smartphones to voice assistants, the adoption of Artificial Intelligence (AI) is increasing at breakneck speed. AI-driven technologies like virtual & augmented reality, facial & voice recognition, and natural language processing (NLP) & computer vision are gaining immense popularity across consumer electronics, automotive, and healthcare industries among others.
Hence, numerous semi-conductors’ manufacturers are emphasizing on developing novel AI-related semiconductors to capitalize on the rising demand and gain a competitive edge. A slew of developments in the market is estimated to propel the demand for Commercial Drones in the coming years.
Key Commercial Drones Market Highlights and Projections
- The market in the U.S. is expected to emerge as the most attractive market across North America over the assessment period.
- Europe Commercial Drones market is expected to project steady/robust growth through 2030, owing to the increasing demand for Commercial Drones across countries such as the U.K., and Germany.
- China will emerge as one of the most remunerative Commercial Drones markets in Asia Pacific owing to the ongoing trend of automation in semi-conductor industry.
- South Korea and Japan, collectively, are expected to spearhead the growth of East Asia Commercial Drones market during the forecast period 2021-2030.
- In terms of (type), (application) is projected to dominate the segment over the next ten years.
- (agriculture) is anticipated to lead the (end use) in the global Commercial Drones market over the forecast period.
Report Benefits & Key Questions Answered
- Commercial Drones Historical Market Analysis: The analysis conducted by FMI provides insights into key factors that affected the Commercial Drones market in the historic forecast period. It examines the demand and sales registered between 2016 and 2020 and predicts the sales performance for the coming forecast period 2021-2030.
- Commercial Drones Sales Outlook: The in-depth study by FMI explicates vital dynamics including drivers and opportunities accelerating sales of Commercial Drones over the coming ten years. The report also provides incisive coverage on the ongoing and existing trends expected to surge the sales of Commercial Drones
- Commercial Drones Market Structure Analysis: The report provides detailed insights into tier analysis and the market concentration of the key players in the Commercial Drones market. It also categories industry players as per Tier 1, Tier 2, and Tier 3 and discloses their market presence in terms of their market share and product portfolio.
- Commercial Drones Market Trend Analysis: Future Market Insight’s recent study on the market trend provides in-depth insights into the critical trends in the semiconductor industry facilitating the growth in the Commercial Drones market. It also reveals current and upcoming trends that would create growth prospects for the market between 2021 and 2030.
- Commercial Drones Consumption by Demographics: The study published by FMI provides a detailed analysis into the consumption of Commercial Drones by demographics to assist the market players in constructing their strategies on the basis of purchasing power of the customers. It also examines the factors causing changes in consumer behavior and also uncovers their consequent impact in the demand for Commercial Drones.
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Competitive Landscape Analysis
The report offers key insights into critical trends and opportunities to assist management-level decision-makers in formulating their strategies to capitalize on them. It also discovers strategies adopted by market players in the market and profiles leading players operating in the global industry.
As per FMI top five companies in the Commercial Drones market are
- SZ DJI Technology Co. Ltd.
- AeroVironment Inc.
- Parrot SA
- Leptron Unmanned Aircraft Systems Inc.
- 3D Robotics Inc.
Commercial Drones Demand Analysis by Category
type:
- Fixed-Wing
- Rotary Blade
- Hybrid
application:
- Mapping & Surveying
- Precision Agriculture
- Filming & Photography
- Inspection & Maintenance
- Surveillance & Monitoring
- Others
end-use:
- Agriculture
- Delivery & Logistics
- Media & Entertainment
- Real Estate & Construction
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & pacific
- Middle East & Africa
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
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