Product Code: r7694
“Drone Services Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on drone services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for drone services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The drone services market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Service Type: Drone Platform Service; Drone MRO (Maintenance, Repair, and Overhaul) Service; Drone Training And Simulation Services
- 2) By Solution: Enterprise; Point
- 3) By Application: Aerial Photography And Remote Sensing; Data Acquisition And Analytics; Mapping And Surveying; Modeling; Disaster Risk Management And Mitigation; Inspection And Environmental Monitoring; Other Applications
- 4) By End Use Industry: Agriculture; Infrastructure; Oil And Gas; Logistic; Other End Use Industries
- Companies Mentioned: Phoenix Drone Services LLC; PrecisionHawk; Cyberhawk; Sky-Futures; DroneDeploy
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the drone services market are: Phoenix Drone Services LLC, PrecisionHawk, Cyberhawk, Sky-Futures, DroneDeploy, Terra Drone Corporation, AgEagle Aerial Systems Inc., Aerodyne Group, Aerial Drone Services Inc., Sharper Shape Inc., Arch Aerial LLC, Australian UAV Pty Ltd., Drone Services Canada Inc., Dronegenuity, and FlyGuys.
The global drone services market is expected to grow from $10.25 billion in 2022 to $13.92 billion in 2023 at a compound annual growth rate (CAGR) of 35.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The drone services market is expected to reach $42.91 billion in 2027 at a CAGR of 32.5%.
The drone services market includes revenues earned by entities by providing services such as aerial construction surveys, pipeline inspection, real estate drone photography, and related services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Drone services refer to a new category of services centered around flying robots that can be remotely controlled or flown on their own using embedded systems with software-controlled flight plans. Drones are used to take pictures, do aerial inspections, and easily complete many other difficult tasks.
North America was the largest region in the drone services market in 2022. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the drone services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of drone services are drone platform service, drone MRO (maintenance, repair, and overhaul) service, drone training, and simulation services. Drone platform services refer to those created around flying robots that can be remotely controlled or flown on their own utilizing inbuilt software-controlled flight plans, which are used for photography, surveying, and inspection. The solutions offered include enterprise and point that are used for aerial photography and remote sensing, data acquisition and analytics, mapping and surveying, modeling, disaster risk management and mitigation, inspection and environmental monitoring, and others that are used by agriculture, infrastructure, oil and gas, logistic, and others.
The increasing use of commercial drones is expected to boost the growth of the drone services market going forward. A commercial drone refers to a drone that weighs less than 55 pounds and is designed for commercial use. Commercial drones require training and simulation, maintenance, repair, and overhaul services. Hence, the increasing use of commercial drones is expected to boost the drone service market. For instance, according to a report published by the Federal Aviation Administration, a US-based organization that issues and enforces regulations covering manufacturing, operating, and maintaining aircraft, 880,294 drones are registered in the US in 2023. 349,580 drones registered for commercial use in the US. Therefore, the increasing use of commercial drones is driving the growth of the drone services market.
Product innovation is the key trend gaining popularity in the drone services market. Major companies operating in the drone services market are developing innovative products with advanced features to strengthen their position in the market. For instance, in April 2022, Wing Aviation LLC., a US-based company that designs, manufactures, and deploys delivery drones, launched a new drone delivery service. This service's unique characteristic is that it should make it easier for users to order health and wellness products and have them delivered by drones to their residences. Each business shall be able to simply and swiftly deploy a small, dedicated fleet from its parking lot, on its roof, or in constrained locations next to the building due to the aircraft's anticipated arrival in small containers that serve as miniature hangars.
In September 2022, Safe Pro Group Inc., a US-based developer of infrastructure and human safety and security solutions, acquired Airborne Response for an undisclosed amount. Through the acquisition of Airborne Response, Safe Pro aimed to increase its capacity to offer mission-critical solutions to both commercial and government clients, supporting their needs and successfully achieving their goals. The objective of Safe Pro was to immediately take advantage of Airborne's experience to provide its government, business, and humanitarian customers with the advantages of drone-based technology for a variety of applications. Airborne Response is a US-based provider of mission-critical aerial intelligence drone services.
The countries covered in the drone services market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The drone services market research report is one of a series of new reports from The Business Research Company that provides drone services market statistics, including the drone services industry global market size, regional shares, competitors with a drone services market share, detailed drone services market segments, market trends, and opportunities, and any further data you may need to thrive in the drone services industry. This drone services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Drone Services Market Characteristics
3. Drone Services Market Trends And Strategies
4. Drone Services Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Drone Services Market
- 4.2. Ukraine-Russia War Impact On Drone Services Market
- 4.3. Impact Of High Inflation On Drone Services Market
5. Drone Services Market Size And Growth
- 5.1. Global Drone Services Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Drone Services Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Drone Services Market Segmentation
- 6.1. Global Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Drone Platform Service
- Drone MRO (Maintenance, Repair, and Overhaul) Service
- Drone Training And Simulation Services
- 6.2. Global Drone Services Market, Segmentation By Solution, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Enterprise
- Point
- 6.3. Global Drone Services Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Aerial Photography And Remote Sensing
- Data Acquisition And Analytics
- Mapping And Surveying
- Modeling
- Disaster Risk Management And Mitigation
- Inspection And Environmental Monitoring
- Other Applications
- 6.4. Global Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Agriculture
- Infrastructure
- Oil And Gas
- Logistic
- Other End Use Industries
7. Drone Services Market Regional And Country Analysis
- 7.1. Global Drone Services Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Drone Services Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Drone Services Market
- 8.1. Asia-Pacific Drone Services Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Drone Services Market
- 9.1. China Drone Services Market Overview
- 9.2. China Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Drone Services Market
- 10.1. India Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Drone Services Market
- 11.1. Japan Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Drone Services Market
- 12.1. Australia Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Drone Services Market
- 13.1. Indonesia Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Drone Services Market
- 14.1. South Korea Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Drone Services Market
- 15.1. Western Europe Drone Services Market Overview
- 15.2. Western Europe Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Drone Services Market
- 16.1. UK Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Drone Services Market
- 17.1. Germany Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Drone Services Market
- 18.1. France Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Drone Services Market
- 19.1. Eastern Europe Drone Services Market Overview
- 19.2. Eastern Europe Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Drone Services Market
- 20.1. Russia Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Drone Services Market
- 21.1. North America Drone Services Market Overview
- 21.2. North America Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Drone Services Market
- 22.1. USA Drone Services Market Overview
- 22.2. USA Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Drone Services Market
- 23.1. South America Drone Services Market Overview
- 23.2. South America Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Drone Services Market
- 24.1. Brazil Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Drone Services Market
- 25.1. Middle East Drone Services Market Overview
- 25.2. Middle East Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Drone Services Market
- 26.1. Africa Drone Services Market Overview
- 26.2. Africa Drone Services Market, Segmentation By Service Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Drone Services Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Drone Services Market Competitive Landscape And Company Profiles
- 27.1. Drone Services Market Competitive Landscape
- 27.2. Drone Services Market Company Profiles
- 27.2.1. Phoenix Drone Services LLC
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. PrecisionHawk
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Cyberhawk
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Sky-Futures
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. DroneDeploy
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Drone Services Market
29. Drone Services Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer