NEW YORK, Oct. 30, 2021 /PRNewswire/ — The drone market size is expected to grow by USD 21.01 billion at over 14% CAGR from 2020 to 2025, according to the latest research report from Technavio.
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The drone market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.
The drone market covers the following areas:
Drone Market SizingDrone Market ForecastDrone Market Analysis
The report identifies the rise in applications of drones as one of the major factors driving the growth of the market. The increase in legal acceptance of drone operations for commercial applications will be crucial in fueling the growth of the market over the forecast period. The drone market analysis includes the application segment and geographic landscape.
This report presents a detailed picture of the drone market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
Companies Mentioned
- AeroVironment Inc.
- BirdsEyeView Aerobotics
- DELAIR SAS
- Leptron Unmanned Aircraft Systems Inc.
- Parrot Drones SAS
- PrecisionHawk Inc.
- Sky Futures
- SZ DJI Technology Co. Ltd.
- The Boeing Co.
- Yuneec International Co. Ltd.
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About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Drone Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of over 14%
Market growth 2021-2025
USD 21.01 billion
Market structure
Fragmented
YoY growth (%)
12.99
Regional analysis
APAC, North America, Europe, MEA, and South America
Performing market contribution
APAC at 37%
Key consumer countries
China, US, Germany, Japan, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
AeroVironment Inc., BirdsEyeView Aerobotics, DELAIR SAS, Leptron Unmanned Aircraft Systems Inc., Parrot Drones SAS, PrecisionHawk Inc., Sky Futures, SZ DJI Technology Co. Ltd., The Boeing Co., and Yuneec International Co. Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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SOURCE Technavio
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