Report Description

The global drone market is anticipated to grow at a CAGR of 17.99% during the forecast period to reach USD96.00 billion by 2027. Anticipated growth in the drone market can be attributed to increasing applications of drones in media and entertainment sector, continuously evolving defense drone technologies powering autonomous drones in a battlefield, expanding usage of unmanned aerial vehicles for agriculture and mining & construction activities etc. Furthermore, factors such as quality aerial imaging, precision, easy deployment etc. is expected to drive the global drone market during the forecast period.

Drones, commonly referred to as unmanned aerial vehicles (UAVs), are aircrafts that are controlled by a remote human pilot or by preprogrammed plans or automation systems enabling them to fly autonomously. Drones does not carry crew, or passengers on board.

Growing Demand in Delivering Packages Drives the Market Growth

Drone technology manufacturers across the globe have put in serious efforts to improve the package delivering technologies over past few years. Significant number of drone package delivering startups have been surfacing online. The future of drone technology will present consumers with the convenient option of receiving their packages through drones. Amazon is among the companies at the forefront of making this a reality. For example, its upcoming Amazon Prime Air service is expected to allow consumers to request drone delivery for packages weighing up to five pounds. The package delivery will work via drone which is dispatched to the consumer’s address, which can be tracked by the customers through smartphone. Once the drone arrives, the customer will use their phone to flash QR code, barcode, or LED signal to the drone, validating the drone partner as the correct customer. The package is then lowered from a safe height using a pulley system and is released to the customer. The research and development in drone delivering technology is aimed toward improving consumer experience, reducing delivery time and increasing the packaging standards. Owing to growing demand of drones for delivering packages, the global drone market is expected to register a brisk growth during the forecast years.

Growing Application of Drones in Military & Defense Sector

The escalating applications of drones in several end use industries including military & defense and event industry is the major factor estimated to bolster the growth of the global drone market over the coming years. In addition, implementation of the Artificial Intelligence and machine learning technologies in the drone system for various operational uses is another impactful factor projected to accelerate the growth of market by 2027. Drones have become a regular feature in military applications, especially surveillance, and the range of defense applications continues to grow as technology develops. The pace of development of drones is continually increasing, driven majorly by geopolitical factors. Drones are primarily used to conduct intelligence, surveillance and reconnaissance (ISR) activities across international borders. Military drones are currently being developed for a wide range of uses such as electronic attacks (EA), strike mission, suppression of enemy air defenses (SEAD), network nodes, relay of communication, and combat search and rescue (CSAR). Drone tech is expected to be adopted at a rapid pace in industrial markets in the following domains: aerial inspection and monitoring; payload delivery; media and entertainment; and security. These applications require the integration of technologies such as 3-Dimensional, artificial intelligence, laser technologies, machine learning, acoustics, augmented reality (AR), computer vision, and cognitive tools.  Manufacturers of drones, component suppliers, software integrators, and prospective enterprise users share a vested interest in collaboration to promote the adoption of drone technologies across the market.


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Market Segmentation

The global drone market is segmented based on type, altitude, payload, end user, application, region, and competitive landscape. Based on type, the market is further divided into fixed wing drone, rotary blade drone, hybrid drone. Based on altitude, the market is segmented into MALE, HALE, LALE. Based on payload, the market is segmented into less than 200 kg, 200-500 kg, 500-1000 kg, above 1000 kg. Based on end user, drone market is segmented into commercial, defense, recreational. On the basis of application, the market is divided into logistics, security, agriculture, mining & construction, media & entertainment, others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided into North America, Europe, Asia Pacific, South America, Middle East and Africa. In terms of country, the United States drone market is forecast to grow at a faster rate and is expected to reach around USD30.77 billion during the forecast period.

Company Profiles

Northrop Grumman Corporation, Insitu Inc. (Subsidiary of The Boeing Company), Lockheed Martin Corporation, DJI, Thales Group, Israel Aerospace Industries Ltd., Israel Aerospace Industries Ltd., Turkish Aerospace Industries, Inc, BAE Systems plc etc. are among the major market players that are leading the market growth of the global drone market.

Attribute

Details

Market Size Value in 2021

USD35.40 Billion

Revenue Forecast in 2027

USD96.00 Billion

Growth Rate

17.99%

US Revenue Forecast in 2027

USD30.77 Billion

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Altitude

·         Payload

·         End User

·         Application

·         Region

·         Company

Regional Scope

North America, Europe, Asia Pacific, South America, Middle East and Africa

Country Scope

United States, Canada, Mexico, Germany, France, UK, Spain, Italy, Russia, Turkey, China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea, Brazil, Argentina, Colombia, Saudi Arabia, South Africa, UAE, Israel

Key Companies Profiled

Northrop Grumman Corporation, Insitu Inc. (Subsidiary of The Boeing Company), Lockheed Martin Corporation, DJI, Thales Group, Israel Aerospace Industries Ltd., Israel Aerospace Industries Ltd., Turkish Aerospace Industries, Inc, BAE Systems plc, Elbit Systems Ltd., Saab Group

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global drone market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Drone Market, By Type:
    • Fixed Wing Drone
    • Rotary Blade Drone
    • Hybrid Drone
  • Drone Market, By Altitude:
    • MALE
    • HALE
    • LALE
  • Drone Market, By Payload:
    • Above 1000 kg
    • 500-1000 kg
    • Less than 200 kg
    • 200-500 kg
  • Drone Market, By End User:
    • Defense
    • Recreational
    • Commercial
  • Drone Market, By Application:
    • Security
    • Media & Entertainment
    • Agriculture
    • Logistics
    • Mining & Construction
    • Others
  • Drone Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Malaysia
      • Vietnam
    • Europe
      • United Kingdom
      • Russia
      • Spain
      • Turkey
      • France
      • Germany
      • Italy
    • Middle East and Africa
      • Israel
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global drone market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Drone Market

5.    Voice of Customer

5.1.  Brand Satisfaction Level

5.2.  Factors Influencing Purchasing Decision

5.3.  Challenges/Unmet Needs

6.    Global Drone Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone)

6.2.2.    By Altitude (MALE, HALE, LALE)

6.2.3.    By Payload (Less than 200 kg, 200-500 kg, 500-1000 kg, Above 1000 kg)

6.2.4.    By End User (Commercial, Defense, Recreational)

6.2.5.    By Application (Logistics, Security, Agriculture, Mining & Construction, Media & Entertainment, Others)

6.2.6.    By Region

6.2.7.    By Company (2021)

6.3.  Market Map (By Type, By Altitude, By Payload, By End User, By Application, By Region)

7.    North America Drone Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Altitude

7.2.3.    By Payload

7.2.4.    By End User

7.2.5.    By Application

7.2.6.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Drone Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Type

7.3.1.2.2.            By Altitude

7.3.1.2.3.            By Payload

7.3.1.2.4.            By End User

7.3.1.2.5.            By Application

7.3.2.    Canada Drone Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Type

7.3.2.2.2.            By Altitude

7.3.2.2.3.            By Payload

7.3.2.2.4.            By End User

7.3.2.2.5.            By Application

7.3.3.    Mexico Drone Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Type

7.3.3.2.2.            By Altitude

7.3.3.2.3.            By Payload

7.3.3.2.4.            By End User

7.3.3.2.5.            By Application

8.    Asia Pacific Drone Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Altitude

8.2.3.    By Payload

8.2.4.    By End User

8.2.5.    By Application

8.2.6.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Drone Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Type

8.3.1.2.2.            By Altitude

8.3.1.2.3.            By Payload

8.3.1.2.4.            By End User

8.3.1.2.5.            By Application

8.3.2.    Japan Drone Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Type

8.3.2.2.2.            By Altitude

8.3.2.2.3.            By Payload

8.3.2.2.4.            By End User

8.3.2.2.5.            By Application

8.3.3.    India Drone Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Type

8.3.3.2.2.            By Altitude

8.3.3.2.3.            By Payload

8.3.3.2.4.            By End User

8.3.3.2.5.            By Application

8.3.4.    South Korea Drone Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Value & Volume

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Type

8.3.4.2.2.            By Altitude

8.3.4.2.3.            By Payload

8.3.4.2.4.            By End User

8.3.4.2.5.            By Application

8.3.5.    Indonesia Drone Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Value & Volume

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Type

8.3.5.2.2.            By Altitude

8.3.5.2.3.            By Payload

8.3.5.2.4.            By End User

8.3.5.2.5.            By Application

8.3.6.    Thailand Drone Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.            By Value & Volume

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.            By Type

8.3.6.2.2.            By Altitude

8.3.6.2.3.            By Payload

8.3.6.2.4.            By End User

8.3.6.2.5.            By Application

8.3.7.    Malaysia Drone Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.            By Value & Volume

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.            By Type

8.3.7.2.2.            By Altitude

8.3.7.2.3.            By Payload

8.3.7.2.4.            By End User

8.3.7.2.5.            By Application

8.3.8.    Vietnam Drone Market Outlook

8.3.8.1.        Market Size & Forecast

8.3.8.1.1.            By Value & Volume

8.3.8.2.        Market Share & Forecast

8.3.8.2.1.            By Type

8.3.8.2.2.            By Altitude

8.3.8.2.3.            By Payload

8.3.8.2.4.            By End User

8.3.8.2.5.            By Application

9.    Europe Drone Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Altitude

9.2.3.    By Payload

9.2.4.    By End User

9.2.5.    By Application

9.2.6.    By Country

9.3.  Europe: Country Analysis

9.3.1.    United Kingdom Drone Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Type

9.3.1.2.2.            By Altitude

9.3.1.2.3.            By Payload

9.3.1.2.4.            By End User

9.3.1.2.5.            By Application

9.3.2.    Russia Drone Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Type

9.3.2.2.2.            By Altitude

9.3.2.2.3.            By Payload

9.3.2.2.4.            By End User

9.3.2.2.5.            By Application

9.3.3.    Spain Drone Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Type

9.3.3.2.2.            By Altitude

9.3.3.2.3.            By Payload

9.3.3.2.4.            By End User

9.3.3.2.5.            By Application

9.3.4.    Turkey Drone Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.            By Value & Volume

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.            By Type

9.3.4.2.2.            By Altitude

9.3.4.2.3.            By Payload

9.3.4.2.4.            By End User

9.3.4.2.5.            By Application

9.3.5.    France Drone Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.            By Value & Volume

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.            By Type

9.3.5.2.2.            By Altitude

9.3.5.2.3.            By Payload

9.3.5.2.4.            By End User

9.3.5.2.5.            By Application

9.3.6.    Germany Drone Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.            By Value & Volume

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.            By Type

9.3.6.2.2.            By Altitude

9.3.6.2.3.            By Payload

9.3.6.2.4.            By End User

9.3.6.2.5.            By Application

9.3.7.    Italy Drone Market Outlook

9.3.7.1.        Market Size & Forecast

9.3.7.1.1.            By Value & Volume

9.3.7.2.        Market Share & Forecast

9.3.7.2.1.            By Type

9.3.7.2.2.            By Altitude

9.3.7.2.3.            By Payload

9.3.7.2.4.            By End User

9.3.7.2.5.            By Application

10.  Middle East and Africa Drone Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Altitude

10.2.3. By Payload

10.2.4. By End User

10.2.5. By Application

10.2.6. By Country

10.3.             Middle East and Africa: Country Analysis

10.3.1. Israel Drone Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Altitude

10.3.1.2.3.         By Payload

10.3.1.2.4.         By End User

10.3.1.2.5.         By Application

10.3.2. South Africa Drone Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Altitude

10.3.2.2.3.         By Payload

10.3.2.2.4.         By End User

10.3.2.2.5.         By Application

10.3.3. Saudi Arabia Drone Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Altitude

10.3.3.2.3.         By Payload

10.3.3.2.4.         By End User

10.3.3.2.5.         By Application

10.3.4. UAE Drone Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value & Volume

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By Altitude

10.3.4.2.3.         By Payload

10.3.4.2.4.         By End User

10.3.4.2.5.         By Application

11.  South America Drone Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value & Volume

11.2.             Market Share & Forecast

11.2.1. By Type

11.2.2. By Altitude

11.2.3. By Payload

11.2.4. By End User

11.2.5. By Application

11.2.6. By Country

11.3.             South America: Country Analysis

11.3.1. Brazil Drone Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value & Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type

11.3.1.2.2.         By Altitude

11.3.1.2.3.         By Payload

11.3.1.2.4.         By End User

11.3.1.2.5.         By Application

11.3.2. Argentina Drone Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value & Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type

11.3.2.2.2.         By Altitude

11.3.2.2.3.         By Payload

11.3.2.2.4.         By End User

11.3.2.2.5.         By Application

11.3.3. Colombia Drone Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value & Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type

11.3.3.2.2.         By Altitude

11.3.3.2.3.         By Payload

11.3.3.2.4.         By End User

11.3.3.2.5.         By Application

12.  Market Dynamics

12.1.Drivers

12.2.Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.Northrop Grumman Corporation

14.2.Insitu Inc. (Subsidiary of The Boeing Company)

14.3.Lockheed Martin Corporation 

14.4.DJI

14.5.Thales Group

14.6.Israel Aerospace Industries Ltd.

14.7.Israel Aerospace Industries Ltd.

14.8.Turkish Aerospace Industries, Inc.

14.9. BAE Systems plc, Elbit Systems Ltd.

14.10. Saab Group

15. Strategic Recommendations

Figures and Tables

List of Figures:


Figure 1: Global Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 2: Global Drone Market Share, By Type, By Value, 2017-2027F

Figure 3: Global Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 4: Global Drone Market Share, By Payload, By Value, 2017-2027F

Figure 5: Global Drone Market Share, By End User, By Value 2017-2027F

Figure 6: Global Drone Market Share, By Application, By Value, 2017-2027F

Figure 7: Global Drone Market Share, By Region, By Value, 2017-2027F

Figure 8: Global Drone Market Share, By Company, By Value, 2017-2027F

Figure 9: Global Drone Market Map, By Type, Market Size (USD Billion) & Growth Rate (%)

Figure 10: Global Drone Market Map, By Altitude, Market Size (USD Billion) & Growth Rate (%)

Figure 11: Global Drone Market Map, By Payload, Market Size (USD Billion) & Growth Rate (%)

Figure 12: Global Drone Market Map, By End User, Market Size (USD Billion) & Growth Rate (%)

Figure 13: Global Drone Market Map, By Application, Market Size (USD Billion) & Growth Rate (%)

Figure 14: Global Drone Market Map, By Region, Market Size (USD Billion) & Growth Rate (%)

Figure 15: North America Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 16: North America Drone Market Share, By Type, By Value, 2017-2027F

Figure 17: North America Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 18: North America Drone Market Share, By Payload, By Value, 2017-2027F

Figure 19: North America Drone Market Share, By End User, By Value 2017-2027F

Figure 20: North America Drone Market Share, By Application, By Value, 2017-2027F

Figure 21: North America Drone Market Share, By Country, By Value, 2017-2027F

Figure 22: United States Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 23: United States Drone Market Share, By Type, By Value, 2017-2027F

Figure 24: United States Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 25: United States Drone Market Share, By Payload, By Value, 2017-2027F

Figure 26: United States Drone Market Share, By End User, By Value 2017-2027F

Figure 27: United States Drone Market Share, By Application, By Value, 2017-2027F

Figure 28: Canada Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 29: Canada Drone Market Share, By Type, By Value, 2017-2027F

Figure 30: Canada Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 31: Canada Drone Market Share, By Payload, By Value, 2017-2027F

Figure 32: Canada Drone Market Share, By End User, By Value 2017-2027F

Figure 33: Canada Drone Market Share, By Application, By Value, 2017-2027F

Figure 34: Mexico Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 35: Mexico Drone Market Share, By Type, By Value, 2017-2027F

Figure 36: Mexico Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 37: Mexico Drone Market Share, By Payload, By Value, 2017-2027F

Figure 38: Mexico Drone Market Share, By End User, By Value 2017-2027F

Figure 39: Mexico Drone Market Share, By Application, By Value, 2017-2027F

Figure 40: Asia Pacific Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 41: Asia Pacific Drone Market Share, By Type, By Value, 2017-2027F

Figure 42: Asia Pacific Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 43: Asia Pacific Drone Market Share, By Payload, By Value, 2017-2027F

Figure 44: Asia Pacific Drone Market Share, By End User, By Value 2017-2027F

Figure 45: Asia Pacific Drone Market Share, By Application, By Value, 2017-2027F

Figure 46: Asia Pacific Drone Market Share, By Country, By Value, 2017-2027F

Figure 47: China Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 48: China Drone Market Share, By Type, By Value, 2017-2027F

Figure 49: China Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 50: China Drone Market Share, By Payload, By Value, 2017-2027F

Figure 51: China Drone Market Share, By End User, By Value 2017-2027F

Figure 52: China Drone Market Share, By Application, By Value, 2017-2027F

Figure 53: Japan Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 54: Japan Drone Market Share, By Type, By Value, 2017-2027F

Figure 55: Japan Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 56: Japan Drone Market Share, By Payload, By Value, 2017-2027F

Figure 57: Japan Drone Market Share, By End User, By Value 2017-2027F

Figure 58: Japan Drone Market Share, By Application, By Value, 2017-2027F

Figure 59: India Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 60: India Drone Market Share, By Type, By Value, 2017-2027F

Figure 61: India Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 62: India Drone Market Share, By Payload, By Value, 2017-2027F

Figure 63: India Drone Market Share, By End User, By Value 2017-2027F

Figure 64: India Drone Market Share, By Application, By Value, 2017-2027F

Figure 65: South Korea Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 66: South Korea Drone Market Share, By Type, By Value, 2017-2027F

Figure 67: South Korea Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 68: South Korea Drone Market Share, By Payload, By Value, 2017-2027F

Figure 69: South Korea Drone Market Share, By End User, By Value 2017-2027F

Figure 70: South Korea Drone Market Share, By Application, By Value, 2017-2027F

Figure 71: Indonesia Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 72: Indonesia Drone Market Share, By Type, By Value, 2017-2027F

Figure 73: Indonesia Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 74: Indonesia Drone Market Share, By Payload, By Value, 2017-2027F

Figure 75: Indonesia Drone Market Share, By End User, By Value 2017-2027F

Figure 76: Indonesia Drone Market Share, By Application, By Value, 2017-2027F

Figure 77: Thailand Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 78: Thailand Drone Market Share, By Type, By Value, 2017-2027F

Figure 79: Thailand Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 80: Thailand Drone Market Share, By Payload, By Value, 2017-2027F

Figure 81: Thailand Drone Market Share, By End User, By Value 2017-2027F

Figure 82: Thailand Drone Market Share, By Application, By Value, 2017-2027F

Figure 83: Malaysia Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 84: Malaysia Drone Market Share, By Type, By Value, 2017-2027F

Figure 85: Malaysia Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 86: Malaysia Drone Market Share, By Payload, By Value, 2017-2027F

Figure 87: Malaysia Drone Market Share, By End User, By Value 2017-2027F

Figure 88: Malaysia Drone Market Share, By Application, By Value, 2017-2027F

Figure 89: Vietnam Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 90: Vietnam Drone Market Share, By Type, By Value, 2017-2027F

Figure 91: Vietnam Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 92: Vietnam Drone Market Share, By Payload, By Value, 2017-2027F

Figure 93: Vietnam Drone Market Share, By End User, By Value 2017-2027F

Figure 94: Vietnam Drone Market Share, By Application, By Value, 2017-2027F

Figure 95: Europe Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 96: Europe Drone Market Share, By Type, By Value, 2017-2027F

Figure 97: Europe Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 98: Europe Drone Market Share, By Payload, By Value, 2017-2027F

Figure 99: Europe Drone Market Share, By End User, By Value 2017-2027F

Figure 100: Europe Drone Market Share, By Application, By Value, 2017-2027F

Figure 101: Europe Drone Market Share, By Country, By Value, 2017-2027F

Figure 102: United Kingdom Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 103: United Kingdom Drone Market Share, By Type, By Value, 2017-2027F

Figure 104: United Kingdom Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 105: United Kingdom Drone Market Share, By Payload, By Value, 2017-2027F

Figure 106: United Kingdom Drone Market Share, By End User, By Value 2017-2027F

Figure 107: United Kingdom Drone Market Share, By Application, By Value, 2017-2027F

Figure 108: Russia Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 109: Russia Drone Market Share, By Type, By Value, 2017-2027F

Figure 110: Russia Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 111: Russia Drone Market Share, By Payload, By Value, 2017-2027F

Figure 112: Russia Drone Market Share, By End User, By Value 2017-2027F

Figure 113: Russia Drone Market Share, By Application, By Value, 2017-2027F

Figure 114: Spain Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 115: Spain Drone Market Share, By Type, By Value, 2017-2027F

Figure 116: Spain Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 117: Spain Drone Market Share, By Payload, By Value, 2017-2027F

Figure 118: Spain Drone Market Share, By End User, By Value 2017-2027F

Figure 119: Spain Drone Market Share, By Application, By Value, 2017-2027F

Figure 120: Turkey Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 121: Turkey Drone Market Share, By Type, By Value, 2017-2027F

Figure 122: Turkey Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 123: Turkey Drone Market Share, By Payload, By Value, 2017-2027F

Figure 124: Turkey Drone Market Share, By End User, By Value 2017-2027F

Figure 125: Turkey Drone Market Share, By Application, By Value, 2017-2027F

Figure 126: France Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 127: France Drone Market Share, By Type, By Value, 2017-2027F

Figure 128: France Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 129: France Drone Market Share, By Payload, By Value, 2017-2027F

Figure 130: France Drone Market Share, By End User, By Value 2017-2027F

Figure 131: France Drone Market Share, By Application, By Value, 2017-2027F

Figure 132: Germany Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 133: Germany Drone Market Share, By Type, By Value, 2017-2027F

Figure 134: Germany Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 135: Germany Drone Market Share, By Payload, By Value, 2017-2027F

Figure 136: Germany Drone Market Share, By End User, By Value 2017-2027F

Figure 137: Germany Drone Market Share, By Application, By Value, 2017-2027F

Figure 138: Italy Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 139: Italy Drone Market Share, By Type, By Value, 2017-2027F

Figure 140: Italy Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 141: Italy Drone Market Share, By Payload, By Value, 2017-2027F

Figure 142: Italy Drone Market Share, By End User, By Value 2017-2027F

Figure 143: Italy Drone Market Share, By Application, By Value, 2017-2027F

Figure 144: Middle East and Africa Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 145: Middle East and Africa Drone Market Share, By Type, By Value, 2017-2027F

Figure 146: Middle East and Africa Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 147: Middle East and Africa Drone Market Share, By Payload, By Value, 2017-2027F

Figure 148: Middle East and Africa Drone Market Share, By End User, By Value 2017-2027F

Figure 149: Middle East and Africa Drone Market Share, By Application, By Value, 2017-2027F

Figure 150: Middle East and Africa Drone Market Share, By Country, By Value, 2017-2027F

Figure 151: Israel Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 152: Israel Drone Market Share, By Type, By Value, 2017-2027F

Figure 153: Israel Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 154: Israel Drone Market Share, By Payload, By Value, 2017-2027F

Figure 155: Israel Drone Market Share, By End User, By Value 2017-2027F

Figure 156: Israel Drone Market Share, By Application, By Value, 2017-2027F

Figure 157: South Africa Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 158: South Africa Drone Market Share, By Type, By Value, 2017-2027F

Figure 159: South Africa Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 160: South Africa Drone Market Share, By Payload, By Value, 2017-2027F

Figure 161: South Africa Drone Market Share, By End User, By Value 2017-2027F

Figure 162: South Africa Drone Market Share, By Application, By Value, 2017-2027F

Figure 163: Saudi Arabia Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 164: Saudi Arabia Drone Market Share, By Type, By Value, 2017-2027F

Figure 165: Saudi Arabia Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 166: Saudi Arabia Drone Market Share, By Payload, By Value, 2017-2027F

Figure 167: Saudi Arabia Drone Market Share, By End User, By Value 2017-2027F

Figure 168: Saudi Arabia Drone Market Share, By Application, By Value, 2017-2027F

Figure 169: UAE Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 170: UAE Drone Market Share, By Type, By Value, 2017-2027F

Figure 171: UAE Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 172: UAE Drone Market Share, By Payload, By Value, 2017-2027F

Figure 173: UAE Drone Market Share, By End User, By Value 2017-2027F

Figure 174: UAE Drone Market Share, By Application, By Value, 2017-2027F

Figure 175: South America Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 176: South America Drone Market Share, By Type, By Value, 2017-2027F

Figure 177: South America Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 178: South America Drone Market Share, By Payload, By Value, 2017-2027F

Figure 179: South America Drone Market Share, By End User, By Value 2017-2027F

Figure 180: South America Drone Market Share, By Application, By Value, 2017-2027F

Figure 181: South America Drone Market Share, By Country, By Value, 2017-2027F

Figure 182: Brazil Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 183: Brazil Drone Market Share, By Type, By Value, 2017-2027F

Figure 184: Brazil Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 185: Brazil Drone Market Share, By Payload, By Value, 2017-2027F

Figure 186: Brazil Drone Market Share, By End User, By Value 2017-2027F

Figure 187: Brazil Drone Market Share, By Application, By Value, 2017-2027F

Figure 188: Argentina Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 189: Argentina Drone Market Share, By Type, By Value, 2017-2027F

Figure 190: Argentina Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 191: Argentina Drone Market Share, By Payload, By Value, 2017-2027F

Figure 192: Argentina Drone Market Share, By End User, By Value 2017-2027F

Figure 193: Argentina Drone Market Share, By Application, By Value, 2017-2027F

Figure 194: Colombia Drone Market Size, By Value (USD Billion), By Volume (Units), 2017-2027F

Figure 195: Colombia Drone Market Share, By Type, By Value, 2017-2027F

Figure 196: Colombia Drone Market Share, By Altitude, By Value, 2017-2027F

Figure 197: Colombia Drone Market Share, By Payload, By Value, 2017-2027F

Figure 198: Colombia Drone Market Share, By End User, By Value 2017-2027F

Figure 199: Colombia Drone Market Share, By Application, By Value, 2017-2027F

Frequently asked questions

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COVID-19 pandemic led to a decrease in growth rate of drone sales in 2020. Furthermore, delays in operations due to imposed lockdown resulted in supply chain disruption, hampering the sales of drones globally.

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Flourishing drone photography and increasing demand for military drones has resulted in an increase in sales of drones. Consequently, the global drone market is anticipated to register a CAGR of 17.99% in value terms during the forecast period.

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The top 5 players in the Global Drone Market are Northrop Grumman Corporation, Insitu Inc. (Subsidary of The Boeing Company), Lockheed Martin Corporation, DJI, and Thales Group.

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Growth in technology of drones, increase in research and development expenditures of drones etc. are some of the market trends which are expected to drive the Global Drone Market in the forthcoming years.

profile

Srishti Verma

Business Consultant
Press Release

Global Drone Market to Grow at a CAGR of 17.99% During the Forecast Period

Sep, 2022

Rising demand for drones from agriculture and logistics sector is driving the growth of the global drone market during the forecast period, 2023-2027.