Smart Commercial Drones Market Growth, Revenue Share Analysis, Company Profiles, and Forecast To 2028

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Rapid adoption of drones for commercial applications and technological advancements in drones are some of the key factors driving market revenue growth

The report on Global Smart Commercial Drones Market added by Emergen Research offers a comprehensive analysis of the recent advancements in the Smart Commercial Drones industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Smart Commercial Drones market. The global Smart Commercial Drones market report is a methodical research of the Smart Commercial Drones market done by extensive primary and secondary research. The fundamental purpose of the Smart Commercial Drones market report is to offer an accurate and strategic analysis of the Smart Commercial Drones business sphere.

Smart commercial drones are technologically advanced and have features such as audio and video recording facilities. High Definition (HD) cameras and sensors as well as range of drone cameras visibility has improved, which is resulting in rapid adoption of these aircraft across various industries and sectors. Some of these include chemicals, media and entertainment, building and construction, agriculture, search and rescue, law and order, sports events, and others. In addition, these small pilotless aircraft or Unmanned Aerial Vehicles (UAVs) are gaining traction and deployment due to  multipurpose areas of application and advantages, including monitoring and surveillance, disaster management, filming for movie production, and others. 

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The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are AeroVironment, Inc., Da-Jiang Innovations (DJI), Parrot Drone SAS, 3D Robotics (3DR), Elbit Systems Ltd., HUVRData, LLC, XAIRCRAFT Technology Co., Ltd., Yamaha Motor Co., Ltd., DraganFly Innovations Inc., and PrecisionHawk, Inc.

Some Key Highlights From the Report

  • In August 2021, Qualcomm Technologies, Inc. introduced “Qualcomm Flight RB5 5G platform” for drones. This is stated to be world’s first ever 5G and Artificial Intelligence (AI) drone platform to offer powerful heterogeneous computing with low power consumption and long-range connectivity that supports camera frequency. This innovative advancement in drone technology is expected to open up more lucrative opportunities for deploying drones in a range of other areas and fields going ahead.
  • The fixed-winged segment accounted for a significantly large revenue share in 2020 due to increasing adoption of drones for aerial surveillance and monitoring. Beside aerial monitoring of COVID-19 affected areas, rising cross-border tensions are resulting in defense spending being allocated for security and surveillance of border areas and sensitive areas between borders, and demand for fixed-winged smart drones has been increasing owing to suitability of this type due to longer fly time at higher altitude and capability to carry more weight that other drone types.
  • The delivery logistics segment accounted for a significantly large revenue share in 2020 due to rising demand for different smart commercial drones in the logistics and transportation sector. Technological advancements and development of smarter features have led to increasing use of drones for various applications in the transportation sector, and the trend is expected to continue over the forecast period.

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Emergen Research has segmented the global smart commercial drones market on the basis of type, component, application, end use, and region:

  • Type Outlook (Revenue, USD Million, 2018–2028)

    • Fixed-Wing
    • Multi-Rotor
    • Helicopters
    • Others
  • Component (Revenue, USD Million, 2018–2028)

    • Payload
    • Guidance, Navigation Control
    • Propulsion System
  • Application Outlook (Revenue, USD Million, 2018–2028)

    • Delivery Logistics
    • Agriculture Monitoring
    • Security Law Enforcement
    • Disaster Management
    • Mapping
    • Film Making
    • Networking for Remote Areas
    • Environmental Drones
    • Others
  • End Use Outlook (Revenue, USD Million, 2018–2028)

    • Transport Logistics
    • Agriculture
    • Oil Gas
    • Entertainment Media
    • Real Estate Construction
    • Others

Regional Bifurcation of the Smart Commercial Drones Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report aims to provide a complete analysis of the global Smart Commercial Drones market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Smart Commercial Drones market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

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Highlights of Table of Contents (TOC):

  • Overview of Global Smart Commercial Drones Market
  • Competitive analysis of the Smart Commercial Drones market
  • Regional analysis of Global Smart Commercial Drones market production and revenue
  • Regional analysis of Global Smart Commercial Drones market supply, consumption, and export import
  • Type-based market analysis of global Smart Commercial Drones production, revenue, and price trends
  • Application-based analysis of the global Smart Commercial Drones market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Smart Commercial Drones market
  • Global Smart Commercial Drones market forecast (2020-2027)
  • Conclusion of the research report

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