Global Drones Market

Adroit Market Research
Global Drones Market
Dynamics, Application Share, Growth, Vendor
Competition, Trends and Forecast 2018-2025
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Adroit Market Research
Global Drones Market
• Drones are revolutionizing many industries owing to their unique aerial view, which assist in making 3D maps, high-quality
photographs & videos, live streaming, infrastructure development survey and surveillance & security management. This
unique aerial view is used in military, media & entertainment, real estate, agriculture, and government, thus driving the
growth of the market. Technological advancements in drones may give companies unparalleled benefits. For instance,
drones integration with the Internet of Things is expected to showcase new business opportunity in the forthcoming years.
Due to which, the industry is anticipated to grow in coming years.
• The global drones market has been segmented by different types, applications, vertical and geography. The segments have
been further divided into sub-divisions like type segment includes multicolor, fixed wing, single rotor helicopter and fixed
wing hybrid. The sub-divisions of application segment includes search & security, surveying & mapping, aerial photography
& video and carriers.
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Global Drones Market
• On the basis of vertical global drones market is sub divided as logistics & supply chain, agriculture, real estate &
construction, media & construction and military& government. Finally, geographical segmentation covers key regions
involved in the market like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
• Rising number of drones for commercial purposes may eventually upturn the air traffic, owing to which aviation
department of U.S. and India have led down strict rules with regards to its weight caring capacity with respect to altitude
of drones.
• Major players in global drones market include Parrot Drones SAS, Aeryon Labs Inc., 3D Robotics, Inc, Drones Deploy,
Dragonfly Innovations Inc. and others.
• Mergers and acquisition will be a strategy adopted by the players to maximize the global drone market share. For
instance, Parrot Drones SAS acquired few companies, such as sense Fly SA, MicaSense, and Pix4D. Growing drones
market has attracted new players to enter in the global drones industry.
•
For instance, in October 2017, Boeing, an aircraft manufacture company acquired Aurora Flight Sciences, the acquisition
aims to develop drones with carrying capacity of up to 200 kilos.
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Global Drones Market
• Drone is a term used to describe unmanned aerial vehicles (UAV) or an aircraft without a pilot in space. The Drones is
made up of light weight material, which helps in reducing its weight. The drone’s controller is made up of electronic
chipset and sensors. The drones and the controller are connected to each other through a Global Positioning System
(GPS).
• Earlier, drones were restricted only to military applications such as surveillance but, owing to its increasing application it is
now widely adopted by other sectors for instance, Amazon.com, Inc., an e-commerce company used drones to deliver
products improving their delivery operations.
• Drones assist in providing the last mile delivery to the end-user in an optimized way. Owing to which, the drones are
widely adopted in logistics application.
• Apart from providing optimization, these drones also assist in reducing cost, which is another key parameter driving the
growth of drones market in logistics & supply chain industry. For instance UPS, a courier service company is using drones
to deliver the package in residential areas.
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Global Drones Market
• Being hustle free, drones are making on time deliveries of life saving medications. Due to which drones are now being
deployed in healthcare industry as well, thus driving the growth of the drones market in healthcare industry. For
instance, Zipline Medical, Inc. a U.S. based company, is using drones to make deliveries of life-saving medications.
Challenges:
• Flight time along with weight carrying capacity are two restraints hampering the growth of the global drones industry.
To deal with this, Griff Aviation, a player in commercial drones market is developing a drones fleet which can carry up to
100kgs of load over the duration of 30 minutes and similarly many players are working on improving efficiency of drone
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