Global Drone Services Market to Grow at a CAGR of 57.8% During 2016-2024


Posted June 14, 2018 by Steveblade

According to Goldstein Research, global drone services market is expected to reach USD 9.4 billion by 2024
 
According to Goldstein Research, global drone services market is expected to reach USD 9.4 billion by 2024 from USD 0.850 billion in 2015, growing at a CAGR of 57.8% over the forecast period 2016-2024. Expanding applications of commercial drones in various industries is one of the major factors driving the growth of drone's services market. Global drone services market segmentation has been done on the basis of service type, end-user and geography. Military drone market is the most mature market for the drones and its services. Rising need of drone services for search and rescue operation in military and law enforcement bodies strengthen the growth of drone service market in government sector.

Global drone services industry is largely dominated by North America with more than 40% share in global market. In U.S more than 325,000 drones were registered in FAA, and it is estimated that more than 6 million drones will be shipped to U.S by 2020. Europe is the second largest market with more than 28% share in global drone services market.

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Market Segmentation

On the basis of our in-depth analysis, Global Drone Services Market can be segmented as follows:

By Service Type

o 3D Monitoring
o Aerial Mapping
o Facility Inspection
o Aerial Photography and Videography
o Stockpile Measurement
o Other

By End-Users

o Agriculture
o Real-Estate
o Engineering and Construction
o Mining
o Oil & Gas
o Education
o Media and Entertainment
o Law Enforcement
o Other

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Drone Services Market Outlook 2024” contains detailed overview of the global drone services market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by service type and end-user.
Further, for the in-depth analysis, Global Drone Services Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Drone Deploy, ABJ Drones, AeroVironment Inc., Workmode, Sky-Future Ltd., Flyworx, Avetics, Hawk Aerial, Airware, Aerobo, SenseFly Ltd., Cyberhawk Innovations Ltd., Trimble UAS, Precision Hawk, CAT UAV, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global drone services market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research industry reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on hardware & ICT research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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Steve Blade
(Global Sales Head)
USA : +1-646-568-7747
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[email protected]
www.goldsteinresearch.com


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Categories Aerospace
Tags drone services market , drone services market demand , drone services market trends
Last Updated June 14, 2018