The Business Research Company’s Commercial Drones Global Market Report 2021: COVID 19 Implications And Growth To 2030
LONDON, GREATER LONDON, UK, October 22, 2021 /EINPresswire.com/ — According to the new market research report ‘Commercial Drones Global Market Report 2021: COVID-19 Growth And Change’ published by The Business Research Company, the commercial Drones market is expected grow from $3.73 billion in 2020 to $4.48 billion in 2021 at a compound annual growth rate (CAGR) of 20.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9.78 billion in 2025 at a CAGR of 22%. Commercial drones are being considered by companies that have last-mile delivery as a main business process. The drones will help reduce cost per delivery and delivery time, thus increasing profits. Therefore, increasing the growth of the commercial drone’s market.
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The commercial drones market consists of sales of commercial drones. These multi-functional flying devices are used by entities to collect and consolidate data, conduct safety and security checks and inspection. This market mainly comprises of fixed wing drones, rotary blade drones and hybrid wing drones supported by a variety of services and used for a variety of applications.
Trends In The Global Commercial Drones Market
Drone leasing is a better offer for most companies seeking to save on drone-related investments. Many entry-level companies that do not have sufficient financial backing can aid themselves with leasing drone-related solutions rather than purchasing them at full price. For example, Kespry and LiDARUSA are companies that focus on leasing commercial drones to other companies.
Global Commercial Drones Market Segments:
The global commercial Drones market is further segmented:
By Type: Fixed Wing Drones, Rotary Blade Drones, Hybrid Drones
By Application: Agriculture and Environment, Media and Entertainment, Energy, Government, Construction & Archaeology, Others
By Technology: Remotely Operated, Semi-Autonomous, Autonomous
By Geography: The global commercial Drones market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Commercial Drones Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides commercial drones global market overviews, analyzes and forecasts market size and growth for the global commercial drones market, commercial drones global market share, commercial drones global market players, commercial drones global market segments and geographies, commercial drones global market’s leading competitors’ revenues, profiles and market shares. The commercial drones global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Commercial Drones Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Commercial Drones Market Organizations Covered: DJI, Parrot SA, Aerovironment, PrecisionHawk, Draganfly, 3D Robotics, AsTec, XAIRCRAFT, ZeroTech, ZeroTech, Yamaha, Lockheed Martin, Yuneec, DroneDeploy, SenseFly, Insitu, Kespry, LiDARUSA, Ehang, Delair, Nutel, CyPhy, Aerialtronics, GoPro, FLIR, Intel.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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Here is a list of reports from The Business Research Company similar to the Commercial Drones Global Market Report 2021:
Consumer Drones Global Market Report 2021: COVID-19 Growth And Change
Delivery Drones Global Market Report 2021: COVID-19 Growth And Change
Military Drones Global Market Report 2021: COVID-19 Growth And Change
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Source: EIN Presswire