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Global Commercial UAV Market Report 2024

Commercial UAV Global Market Report 2024 – By Type (Fixed Wing Drones, Rotary Wing Drones, Hybrid Drones), By Weight (<2 kg, 2kg – 25 kg, 25kg – 150 kg, 150kg), By Application (Agriculture, Retail, Energy, Media and Entertainment, Construction, Government) – Market Size, Trends, And Global Forecast 2024-2033

Commercial UAV Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Commercial UAV Market Definition

A commercial UAV (unmanned aerial vehicle) is an aircraft designed for business and industrial purposes. These aircraft are remotely controlled from the ground by trained and professional pilots and are well-equipped to handle complex tasks. They are employed to improve operational efficiencies, streamline operational procedures, and conserve resources like time and money.

The main types of commercial UAVs are fixed-wing drones, rotary-wing drones, and hybrid drones. A fixed-wing drone has one rigid wing that is designed to look and work like an airplane, providing lift rather than vertical lift rotors. These are available in several weight categories, such as <2 kg, 2kg – 25 kg, 25kg – 150 kg, and 150kg, and are used for several applications, including agriculture, retail, energy, media and entertainment, construction, and government.

Commercial UAV Market Segmentation

The commercial UAV market covered in this report is segmented –

1) By Type : Fixed Wing Drones, Rotary Wing Drones, Hybrid Drones

2) By Weight: <2 kg, 2kg – 25 kg, 25kg – 150 kg, 150kg

3) By Application : Agriculture, Retail, Energy, Media and Entertainment, Construction, Government

Global Commercial UAV Market Size 2023 to 2028: Graph

Commercial UAV Market Size 2024 And Growth Rate

The commercial UAV market size has grown exponentially in recent years. It will grow from $12.06 billion in 2023 to $14.91 billion in 2024 at a compound annual growth rate (CAGR) of 23.6%. The growth in the historic period can be attributed to wide-scale use in civil and commercial applications, the growing number of applications, the rise in the use of UAVs for the military, the rise in government investment, and the need for safe and accurate inspection and monitoring.

Commercial UAV Market Growth Forecast

The commercial UAV market size is expected to see exponential growth in the next few years. It will grow to $34.44 billion in 2028 at a compound annual growth rate (CAGR) of 23.3%. The growth in the forecast period can be attributed to rise in advanced patrolling of marine borders, rapid industrial developments, increased the demand for automation in various industries, increased foreign investments, increased transfer of technologies related to UAV platforms. Major trends in the forecast period include technological advancements, product innovations, increased deployment to carry out aerial remote sensing, emerging applications of UAVs in the commercial sector, rise in R&D for new and advanced technology.

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Commercial UAV Market Driver: Automation's Impact On The Soaring Growth Of The commercial UAV market

The increasing automation is expected to propel the growth of the commercial UAV market going forward. Automation refers to the use of technology, systems, or processes to perform tasks with minimal human intervention. The goal of automation is to streamline operations, increase efficiency, reduce errors, and enhance overall productivity in various industries and applications. Automation enables UAVs to follow predefined flight paths using GPS waypoints. This is particularly useful for surveying, mapping, and monitoring large areas without direct human intervention. For instance, in March 2023, according to Verizon Communications Inc., a US-based telecommunications company, retailers anticipate a significant increase in automation and expect up to 70% of routine tasks will be partially or fully automated by 2025. The use of AI to improve operations is projected to increase 9x by 2025. Therefore, the increasing automation is driving the growth of the commercial UAV market.

Global Commercial UAV Market Major Players

Major companies operating in the commercial UAV market are Raytheon Technologies, The Boeing Company, Intel Corporation, General Dynamics Corporation, Northrop Grumman, BAE Systems plc, Textron Inc., Turkish Aerospace Industries Inc., SAIC Inc., Elbit Systems Ltd., Israel Aerospace Industries, DJI Innovations, General Atomics Aeronautical Systems, Yuneec Holding Ltd., AeroVironment Inc., Aurora Flight, Insitu, Parrot Drones, Parrot SA, DroneDeploy, Skydio, Autel Robotics, Airobotics, PrecisionHawk, 3D Robotics, Aeryon Labs, Draganfly Innovations Inc., Ehang Holdings Limited, Aeronavics, Challis Heliplane UAV Inc., Prox Dynamics AS

Global Commercial UAV Market Trend: Enhancing Profitability Through Commercial Drone Platforms In The commercial UAV market

Major companies operating in the commercial UAV market are developing innovative technologies, such as commercial drone platforms, to increase their profitability in the market. Commercial drone platforms refer to the various types of unmanned aerial vehicles (UAVs) or drones that are specifically designed, configured, and utilized for commercial purposes rather than recreational or military applications. For instance, in May 2023, SZ DJI Technology Co. Ltd., a China-based technology company, launched a new commercial drone platform called DJI Matrice 350 RTK and improved security measures to protect the drone, its communication channels, and the data it collects. It is an advanced commercial drone that supports multiple payloads, has sophisticated functionality, and is compatible with a variety of professional payloads to enable extensive data collecting across several industries. This may involve encryption, secure authentication, and protection against cyber threats. Including high-resolution cameras, LiDAR sensors, thermal imaging, or other specialized sensors to cater to various industries and applications.

Commercial UAV Market Merger And Acquisition: AeroVironment's Acquisition Of Arcturus UAV Inc. Strengthens Unmanned Aircraft Systems Portfolio

In February 2021, AeroVironment Inc., a US-based vehicle manufacturer, acquired Arcturus UAV Inc. for an undisclosed amount. The acquisition of Arcturus UAV allowed AeroVironment to expand its product portfolio, offering a more comprehensive range of unmanned aircraft systems (UAS) from Group 1 through 3 UAS, tactical missile systems, high-altitude pseudo-satellites, and unmanned ground vehicle solutions. Arcturus UAV Inc. is a US-based complete unmanned aerial systems company that operates commercial unmanned vehicles.

Regional Insights For The Global Commercial UAV Market

North America was the largest region in the commercial UAV market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial UAV market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the commercial UAV market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The commercial UAV market consists of revenues earned by entities by providing services such as agricultural services, infrastructure inspection, aerial photography and videography, and delivery services. The market value includes the value of related goods sold by the service provider or included within the service offering. The commercial UAV market also includes sales of multicolor drones, fixed-wing drones, hybrid VTOL (Vertical Take-Off and Landing) drones, payloads, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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 commercial UAV market research report is one of a series of new reports from The Business Research Company that provides commercial UAV market statistics, including commercial UAV industry global market size, regional shares, competitors with commercial UAV market share, detailed commercial UAV market segments, market trends, and opportunities, and any further data you may need to thrive in the commercial UAV industry. This commercial UAV 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.

Commercial UAV Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $14.91 billion
Revenue Forecast In 2033 $34.44 billion
Growth Rate CAGR of 23.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Fixed Wing Drones, Rotary Wing Drones, Hybrid Drones
2) By Weight: <2 kg, 2kg – 2
5) kg, 2
5)kg – 1
5)0 kg, 1
5)0kg
3) By Application: Agriculture, Retail, Energy, Media and Entertainment, Construction, Government
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Raytheon Technologies; The Boeing Company; Intel Corporation; General Dynamics Corporation; Northrop Grumman; BAE Systems plc; Textron Inc.; Turkish Aerospace Industries Inc.; SAIC Inc.; Elbit Systems Ltd.; Israel Aerospace Industries; DJI Innovations; General Atomics Aeronautical Systems; Yuneec Holding Ltd.; AeroVironment Inc.; Aurora Flight; Insitu; Parrot Drones; Parrot SA; DroneDeploy; Skydio; Autel Robotics; Airobotics; PrecisionHawk; 3D Robotics; Aeryon Labs; Draganfly Innovations Inc.; Ehang Holdings Limited; Aeronavics; Challis Heliplane UAV Inc.; Prox Dynamics AS
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Commercial UAV Market Characteristics

    3. Commercial UAV Market Trends And Strategies

    4. Commercial UAV Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Commercial UAV Market Size and Growth

    5.1. Global Commercial UAV Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Commercial UAV Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Commercial UAV Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Commercial UAV Market Segmentation

    6.1. Global Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fixed Wing Drones

    Rotary Wing Drones

    Hybrid Drones

    6.2. Global Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    <2 kg

    2kg – 25 kg

    25kg – 150 kg

    150kg

    6.3. Global Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Agriculture

    Retail

    Energy

    Media and Entertainment

    Construction

    Government

    7. Commercial UAV Market Regional And Country Analysis

    7.1. Global Commercial UAV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Commercial UAV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Commercial UAV Market

    8.1. Asia-Pacific Commercial UAV 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 Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Commercial UAV Market

    9.1. China Commercial UAV Market Overview

    9.2. China Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Commercial UAV Market

    10.1. India Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Commercial UAV Market

    11.1. Japan Commercial UAV Market Overview

    11.2. Japan Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Commercial UAV Market

    12.1. Australia Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Commercial UAV Market

    13.1. Indonesia Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Commercial UAV Market

    14.1. South Korea Commercial UAV Market Overview

    14.2. South Korea Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Commercial UAV Market

    15.1. Western Europe Commercial UAV Market Overview

    15.2. Western Europe Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Commercial UAV Market

    16.1. UK Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Commercial UAV Market

    17.1. Germany Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Commercial UAV Market

    18.1. France Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Commercial UAV Market

    19.1. Italy Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Commercial UAV Market

    20.1. Spain Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Commercial UAV Market

    21.1. Eastern Europe Commercial UAV Market Overview

    21.2. Eastern Europe Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Commercial UAV Market

    22.1. Russia Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Commercial UAV Market

    23.1. North America Commercial UAV Market Overview

    23.2. North America Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Commercial UAV Market

    24.1. USA Commercial UAV Market Overview

    24.2. USA Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Commercial UAV Market

    25.1. Canada Commercial UAV Market Overview

    25.2. Canada Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Commercial UAV Market

    26.1. South America Commercial UAV Market Overview

    26.2. South America Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Commercial UAV Market

    27.1. Brazil Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Commercial UAV Market

    28.1. Middle East Commercial UAV Market Overview

    28.2. Middle East Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Commercial UAV Market

    29.1. Africa Commercial UAV Market Overview

    29.2. Africa Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Commercial UAV Market Competitive Landscape And Company Profiles

    30.1. Commercial UAV Market Competitive Landscape

    30.2. Commercial UAV Market Company Profiles

    30.2.1. Raytheon Technologies

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. The Boeing Company

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Intel Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. General Dynamics Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Northrop Grumman

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Commercial UAV Market Other Major And Innovative Companies

    31.1. BAE Systems plc

    31.2. Textron Inc.

    31.3. Turkish Aerospace Industries Inc.

    31.4. SAIC Inc.

    31.5. Elbit Systems Ltd.

    31.6. Israel Aerospace Industries

    31.7. DJI Innovations

    31.8. General Atomics Aeronautical Systems

    31.9. Yuneec Holding Ltd.

    31.10. AeroVironment Inc.

    31.11. Aurora Flight

    31.12. Insitu

    31.13. Parrot Drones

    31.14. Parrot SA

    31.15. DroneDeploy

    32. Global Commercial UAV Market Competitive Benchmarking

    33. Global Commercial UAV Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Commercial UAV Market

    35. Commercial UAV Market Future Outlook and Potential Analysis

    35.1 Commercial UAV Market In 2028 - Countries Offering Most New Opportunities

    35.2 Commercial UAV Market In 2028 - Segments Offering Most New Opportunities

    35.3 Commercial UAV Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Commercial UAV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Commercial UAV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Raytheon Technologies Financial Performance
  • Table 75: The Boeing Company Financial Performance
  • Table 76: Intel Corporation Financial Performance
  • Table 77: General Dynamics Corporation Financial Performance
  • Table 78: Northrop Grumman Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Commercial UAV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Commercial UAV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Commercial UAV Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Commercial UAV Market, Segmentation By Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Commercial UAV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Raytheon Technologies Financial Performance
  • Figure 75: The Boeing Company Financial Performance
  • Figure 76: Intel Corporation Financial Performance
  • Figure 77: General Dynamics Corporation Financial Performance
  • Figure 78: Northrop Grumman Financial Performance

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Frequently Asked Questions

What is the definition of the commercial UAV market?

A commercial UAV (unmanned aerial vehicle) is an aircraft designed for business and industrial purposes. These aircraft are remotely controlled from the ground by trained and professional pilots and are well-equipped to handle complex tasks. They are employed to improve operational efficiencies, streamline operational procedures, and conserve resources like time and money. For further insights on the commercial UAV market, request a sample here

How will the commercial UAV market drivers and restraints affect the commercial UAV market dynamics? What forces will shape the commercial UAV industry going forward?

The commercial UAV market major growth driver - Automation's Impact On The Soaring Growth Of The commercial UAV market. For further insights on the commercial UAV market, request a sample here

What is the forecast market size or the forecast market value of the commercial UAV market?

The commercial UAV market size has grown exponentially in recent years. It will grow from $12.06 billion in 2023 to $14.91 billion in 2024 at a compound annual growth rate (CAGR) of 23.6%. The growth in the historic period can be attributed to wide-scale use in civil and commercial applications, the growing number of applications, the rise in the use of UAVs for the military, the rise in government investment, and the need for safe and accurate inspection and monitoring. The commercial UAV market size is expected to see exponential growth in the next few years. It will grow to $34.44 billion in 2028 at a compound annual growth rate (CAGR) of 23.3%. The growth in the forecast period can be attributed to rise in advanced patrolling of marine borders, rapid industrial developments, increased the demand for automation in various industries, increased foreign investments, increased transfer of technologies related to UAV platforms. Major trends in the forecast period include technological advancements, product innovations, increased deployment to carry out aerial remote sensing, emerging applications of UAVs in the commercial sector, rise in R&D for new and advanced technology. For further insights on the commercial UAV market, request a sample here

How is the commercial UAV market segmented?

The commercial UAV market is segmented
1) By Type : Fixed Wing Drones, Rotary Wing Drones, Hybrid Drones
2) By Weight: <2 kg, 2kg – 25 kg, 25kg – 150 kg, 150kg
3) By Application : Agriculture, Retail, Energy, Media and Entertainment, Construction, GovernmentFor further insights on the commercial UAV market, request a sample here

Which region has the largest share of the commercial UAV market? What are the other regions covered in the report?

North America was the largest region in the commercial UAV market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial UAV market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the commercial UAV market, request a sample here.

Who are the major players in the commercial UAV market?

Major companies operating in the commercial UAV market are Raytheon Technologies, The Boeing Company, Intel Corporation, General Dynamics Corporation, Northrop Grumman, BAE Systems plc, Textron Inc., Turkish Aerospace Industries Inc., SAIC Inc., Elbit Systems Ltd., Israel Aerospace Industries, DJI Innovations, General Atomics Aeronautical Systems, Yuneec Holding Ltd., AeroVironment Inc., Aurora Flight, Insitu, Parrot Drones, Parrot SA , DroneDeploy, Skydio, Autel Robotics, Airobotics, PrecisionHawk, 3D Robotics, Aeryon Labs, Draganfly Innovations Inc., Ehang Holdings Limited, Aeronavics, Challis Heliplane UAV Inc., Prox Dynamics AS For further insights on the commercial UAV market, request a sample here.

What are the key trends in the commercial UAV market?

Major trend in the commercial UAV market - Enhancing Profitability Through Commercial Drone Platforms In The commercial UAV market. For further insights on the commercial UAV market, request a sample here.

What are the major opportunities in the commercial UAV market? What are the strategies for the commercial UAV market?

For detailed insights on the major opportunities and strategies in the commercial UAV market, request a sample here.

How does the commercial UAV market relate to the overall economy and other similar markets?

For detailed insights on commercial UAV market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the commercial UAV industry?

For detailed insights on the mergers and acquisitions in the commercial UAV industry, request a sample here.

What are the key dynamics influencing the commercial UAV market growth? SWOT analysis of the commercial UAV market.

For detailed insights on the key dynamics influencing the commercial UAV market growth and SWOT analysis of the commercial UAV industry, request a sample here.