BrandEssence Market Research has published a new report titled “Drones Market: Forecasts by Type (Commercial Drones, Fixed-wing Drones, VTOL Drones, Nano Drones and Others) by Application (Law Enforcement, Precision Agriculture, Media and Entertainment, Surveying and Mapping and Others) Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”. According to the report, drones are evolving beyond their military origin to become powerful business tools for Drones market during the forecast period 2018-2024
Introduction to Drones Industry:
A flying drone is an aircraft without a human pilot aboard, earning their alternative name as unmanned aerial vehicles (UAV). Drones are robots typically remotely controlled by a pilot, through fully autonomous drones are in the last stages of development.
Drones market: Driver support systems.
The last year 2017 was the biggest year for commercial drones yet. We saw drones used in almost every industry from agriculture to archaeology agriculture. In 2017, FAA alone in the U.S. were certified more than 66,000 remote pilots were certified by the FAA in the US alone. This kind of activity driving force for major companies.
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Market Dynamics for Drone industry:
Based upon type segment, Commercial Drone type segment has significant market share in historic year and it is expected to maintain its dominance in forecast period. The Commercial drone market is mainly driven by the increasing continuous infrastructure developments. In addition, Automation is key drivers to increased industry adoption, as this will drive richer, more valuable insights. Technology is a key driver for increasing adoption with the civilian market. Component, power, and form factor reductions should allow drones to carry heavier payloads (cameras, packages, etc.) making aerial drones more versatile for the consumer and industrial markets. The increasing demand mainly from the developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future.
Global Drones Market: Segment Overview
The global Drones market is estimated to register a CAGR of XX% between 2018 and 2024. Brandessence market research estimates that the global commercial drone market, the fastest-growing segment for unmanned aerial vehicles, will exceed $20 billion by 2024. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.
Browse the full “Drones Market: Forecasts by Type (Commercial Drones, Fixed-wing Drones, VTOL Drones, Nano Drones and Others) by Application (Law Enforcement, Precision Agriculture, Media and Entertainment, Surveying and Mapping and Others) Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024” report at
This report segment of global Drones market as follows:
Global Drone Market by Type,
- Commercial Drones
- Fixed-wing Drones
- VTOL Drones
- Nano Drones
Global Drone Market by Application,
- Law Enforcement
- Precision Agriculture
- Media and Entertainment
- Surveying and Mapping
Global Drone Market: Regional Segment Analysis
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- The Middle East and Africa
- Rest Of MEA
This global Drone market report covers top players like,
- Northrop Grumman
- General Atomics Aeronautical Systems
- Lockheed Martin
- Israel Aerospace Industries
- BAE System