Home > Sustainable & Smart Technologies > Commercial Drone Market

Commercial Drone Market Size By Type (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone), By Mode of Operation (Remotely Operated, Semi-autonomous, Autonomous), Application & Global Forecast, 2023-2032

  • Report ID: GMI115
  • Published Date: Nov 2022
  • Report Format: PDF

Industry Statistics

Commercial Drone Market size valued at USD 30 billion in 2022 and is slated to exhibit over 15% CAGR from 2023 to 2032. Advancement in AI tech and autonomous UAV development to influence business trends.

Commercial Drone Market

To get more details on this report: Request Free Sample PDF

Drones present significant opportunities for commercial businesses, aiding in data collection and assessment while saving time and minimizing costs. As artificial intelligence and drone data technology advance, commercial UAVs are evolving to become more robust and sophisticated. These innovations will enable enterprise customers to benefit from cost-effective solutions and help them make feasible and informed decisions. These factors have expanded the scope of drone technology from video and photography to other applications in industrial sectors such as agriculture, construction, and media.

AI technology deployment in drones is becoming more prevalent, mainly due to the emphasis on the construction of fully autonomous commercial drones globally. Newer drone models are being equipped with AI-powered flight controllers to allow them to fly autonomously and make real-time decisions, without human input. Combined with other technologies including LiDAR and IoT, the UAV can also address the requirement for delivery, operation, and maintenance of public amenities in rural areas. The integration of advanced technologies will therefore drive the adoption of drones for commercial use worldwide.

However, security concerns associated with the use of drones may restrict commercial drone market growth. Drones have become vulnerable to exploitation since cybercriminals can use unencrypted data links for navigation, control, and command. Hackers have also attempted to jam, intercept, and manipulate drone controls for cyber-attacks. These vulnerabilities may assert a negative impact on the industry outlook to a certain extent.

Stringent LOS protocols to augment remotely operated drone use in aviation

Based on the mode of operation, the remotely operated drone segment will depict around 13.5% growth rate through 2032. These drones receive instruction signals through a remote controller and send the transmission signal back to the drone, ensuring that the system is under the vision of the operator. Since aviation authorities adopt stringent protocols of Line of Sight, remotely operated drones will gain traction as a preferred civilian drone technology in aviation.

Rotary blade commercial drone technology to gain momentum owing to operational efficiency

The rotary blade drone segment is projected to hold approximately 80% share of the commercial drone market by 2032. Efficiency in various operations, including the production of required airflow over the airfoil through the constant blade movement to generate lift, is contributing to product consumption. The capability of rotary blade drones to land and take off vertically enables its management within a small vicinity with the need for a significant landing or takeoff area. Unlike fixed wing drones, these systems do not require constant aircraft forward movement to generate airflow over the blades, further bolstering rotary blade drone production.

Commercial drones emerge as preferred inspection & monitoring tool in remote locations

China Commercial Drone Market Share, By Application

To get more details on this report: Request Free Sample PDF

The Inspection & monitoring application segment will capture more than 18% of the commercial drone industry revenue share by 2032, given the ability of drones to examine locations that are inaccessible to users. Inspection equipment developers have also designed advanced drone systems for enterprise customers in diverse geographies.

Emphasis on real-time data transfer to accelerate commercial drone development in Europe

Europe Commercial Drone Market Size, By Country

To get more details on this report: Request Free Sample PDF

Regionally speaking, the Europe commercial drone market size exceeded USD 4 billion in 2022. The strong focus on innovative tech development through strategic partnerships is among the key growth drivers. The delivery of real-time video capabilities, along with increased experimentation of potential use cases for drones, will promote commercial drone technology deployment in the region.

The Latin American commercial drone industry valuation is expected to cross USD 6 billion by 2032, on account of the strong agriculture sector and high farming potential in Brazil and Argentina, among other countries. Based on data from AgriFarming, agriculture and livestock have accounted for 25% of Brazil’s GDP over the past two decades. Since agriculture drones can provide farmers with an efficient way to track plant growth, spot stress, scout crops, and create treatment plans, the LATAM region is likely to emerge as a lucrative revenue pocket for commercial drone developers.

Mergers and acquisitions by industry players to define the strategic landscape

3D Robotics, Delair, DroneDeploy, AeroVironment Inc., Prime Air (Amazon.com, Inc.), BAE Systems, Airobotics Ltd., Cyberhawk, DJI, Ehang Inc., Walkera Technology Co., Ltd., Guangzhou Jifei Technology Co., Ltd., Intel Corporation, Parrot SA, and PrecisionHawk are among the prominent companies in the commercial drone market. These participants are focusing on strategies such as mergers and acquisitions to obtain a competitive edge.

Impact of COVID-19 pandemic on commercial drone industry dynamics

Drone technology has found its way into the mainstream over the past few years. Moreover, since the onset of the COVID-19 crisis, these systems have been extensively deployed by public authorities to address pandemic-related challenges. Multiple public safety and law enforcement agencies adopted drones to surveil public spaces for situational awareness and enforcement of quarantine. UAVs are also used for other virus control applications such as aerial spraying, further bolstering the business growth.

The commercial drone market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipments in terms of units from 2018 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Type

  • Fixed Wing Drone
  • Rotary Blade Drone
  • Hybrid Drone

Market, By Mode Of Operation

  • Remotely Operated Drones
  • Semi-autonomous
  • Autonomous

Market, By Application

  • Aerial Photography
  • Agriculture
  • Emergency Management
  • Inspection & Monitoring
  • Remote Sensing & Mapping
  • Wildlife Research & Preservation
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • UAE
    • Israel
    • South Africa
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of commercial drone surpassed USD 30 billion in 2022 and is slated to exhibit over 15% CAGR through 2032, considering the rapid innovation of design and integrated data intelligence.

The operated drone segment will depict more than 13.5% growth rate between 2023 and 2032, due to the adoption of Line of Sight and other protocols among aviation operators.

The Europe commercial drone market size exceeded USD 4 billion in 2022, given the rising emphasis on drone tech development to allow real-time data transfer.

3D Robotics, Delair, DroneDeploy, AeroVironment Inc., Prime Air (Amazon.com, Inc.), BAE Systems, Airobotics Ltd., Cyberhawk, Intel Corporation, Parrot SA, and PrecisionHawk are prominent players in the commercial drone industry.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies
Immediate Delivery Available

Premium Report Details

  • Base Year: 2022
  • Companies covered: 25
  • Tables & Figures: 482
  • Countries covered: 19
  • Pages: 230
Inquiry Before Buying

Budget constraints? Get in touch with us for special pricing

Request Discount