Report Description Table of Contents Industry Report and Statistics (Facts & Figures) The global commercial drone market will witness a robust CAGR of 28.58%, valued at $8.15 Billion in 2022, and expected to appreciate and reach $47.38 Billion by 2030, confirms Strategic Market Research. Drones, like the internet & GPS before, are expanding from their military roots to become valuable corporate tools. They've already made it to the consumer market, and they're already being used in commercial & civil government applications ranging from fire fighting to farming. This creates an ample market opportunity that is too enormous to pass up. Commercial drones also referred to as unmanned aerial vehicles (UAVs), are aircraft used for commercial and industrial reasons. These aircraft have advanced functions and are well-equipped to undertake complex jobs. UAVs are controlled remotely from the ground by qualified and professional pilots. As per SMR, The FAA had registered 855,860 drones in the USA as of May 2022, out of which around 37% or 316,075 of the registrations were for commercial usage. Commercial unmanned aerial vehicles (UAVs) have made significant progress since their early years of limited functionality. As a result, many firms, trades, and sectors have quickly adopted them to streamline their operational routine. Drone projects had a significant positive impact on various public safety operations due to their capability to save lives. UAVs have been frequently employed as a life-saving instrument in law enforcement, fire fighting, search & rescue, as well as in disaster responses. Drones have been shown to be an excellent force multiplier in law enforcement. They eliminate the need for police officers to be exposed to high-risk situations such as hostage situations, active shooter situations, and other dangerous situations. This has resulted in the advent of new strategies & SOPs that incorporate drones into police operations. Some advantages of utilizing commercial drones in law enforcement are: A single drone's live feed can be synchronized with a central control center, allowing for real-time data-driven action. The ability to use optical zoom allows for covert observation from the sky. It can also be employed to construct precise 2D and 3D maps & models of crime scenes. Commercial drones featuring smart tracking characteristics can be utilized to easily monitor a fleeing criminal even without the risk of pursuing on foot. Drones such as the Matrice 200 V2 & Matrice 300 have loudspeakers that enable police to converse with subjects. Firefighters are also increasingly using commercial drones. Drones have shown to be quite useful in tracking and controlling wildfires. Given the size & unpredictability of wildfires, it's nearly difficult for fire fighters to obtain a sense of the fire's scale without an extra pair of eyes in the sky. An unmanned aircraft fitted with thermal cameras & other sensors can provide fire fighters with a bird's-eye view of the terrain and anticipate the path of a wildfire. This information can be utilized to put out the fire and prepare an evacuation if someone is in danger. Furthermore, farmers can use agricultural drones to monitor crop & livestock conditions from the air in order to spot possible problems and enhance field management. Farmers & other agribusiness owners can employ agricultural drone services for a variety of purposes, including land imaging. All of the aforesaid pointers are anticipated to spearhead the prosperity of the market significantly. Market Dynamics:- (Rise in usage of UAVs in the Oil& Gas Industry for surveillance, and infrastructure inspection, Increase in funding by the government towards the R&D sector for further technological advancements in UAVs). Many oil and gas firms are utilizing unmanned devices and drones. UAVs have made inspections, surveillance, and leak detection far faster, safer, and less expensive than ever before, and businesses are seizing the chance. Oil and gas companies use highly advanced commercial drones (UAVs) equipped with 3D models, powerful cameras, thermal imaging, and modeling software, thereby allowing for faster and much more manageable and large-scale inspection of pipelines, sub-surfaces of storage tanks, exterior surfaces, and maritime vessels. Furthermore, as per SMR, certain fixed-wing commercial aerial drones of the oil and gas sector can fly at speeds of up to 40mph over several hours on a single charge, thereby making long-distance inspections more practical than ever. Furthermore, a substantial increase in funding by the worldwide governments towards the R&D sector for rapid technological advancements of UAVs is also expediting the market growth significantly. As per SMR, the U.S. FAA (Federal aviation administration) has allotted some significant funding of around USD 4.4 million in UAV research grants to 7 universities, i.e., the University of North Dakota ( an allocation of nearly $325,042) the University of Kansas (around $325,000), Drexel University ( almost $325,830), The Ohio State University ( allocation of close to $732,441), Embry-Riddle Aeronautical University (nearly $371,000), Mississippi State University (around $330,000) and the University of North Dakota ( funding of around $80,000) respectively. Restraints: - (Lack of skills to operate UAVs, and risks of being hijacked or manipulated) Apart from having myriad benefits, UAVs inculcate some drawbacks as well, such as:- Lack of Skills in UAV operation: - Currently, there is a major shortage of skilled controllers of UAVs for professional videography, land mapping, as well as in some specific use cases. Risks of being hijacked or manipulated:- UAVs can simply be taken over by providing them fake GPS data, a method already exploited by hackers to trick mobile phones' location-based services. Opportunities: - (Advent of 5G Delivery model & cloud computing technology integrations, and planning of imposition of some rules by FAA) The commercial drone market is expected to benefit from the introduction of the 5G delivery model and the integration of various cloud computing technologies into the development process. The presence of high-speed internet in drones allows users to communicate in high-demanding situations in order to conduct tasks such as command and control, autonomous flying, and media sharing. The provision to practice successful 5G network sharing enables service providers to deliver ultra-low latency communications, seamless mobile broadband access, and substantial Machine-to-Machine (M2M) type communications as well. This enables service providers to offer the Drone-as-a-Service (DaaS) model for its users, assuring ongoing business expansions and the generation of new revenue streams, thereby catering to extensive opportunities for the market expedition in the future. As per SMR, 5G in UAVs can be considerably faster than 4G, with the peak data rates of 20 GB/second and average transmission rates of 100+ Mbps. 5G connection in UAVs is intended to offer a 100x improvement in its network capacity and efficiency. To achieve the benefits of UAV drones & shape future rules and regulations, the FAA is encouraging innovation and collaboration with businesses, state, local, & tribal governments. The UAS Integration Pilot Program (IPP) tested and evaluated the integration of civil & public UAV drone operations into the national airspace system. This continued under the UAS BEYOND programme, which also focused on solving the remaining problems of UAS integration, such as BVLOS operations, the socio-economic benefits of UAS operations, & community engagement. Moreover, as per Volpe Centre, it’s expected that the number of unmanned aerial vehicle (UAV) operations per year will surpass the number of manned aircraft operations by 2035. It also delineated that the U.S. commercial drone sector will be worth $5 billion by 2035, thereby paving the way for ample opportunities for the market expedition in the future. Market Analysis of different Segmentations Covered in the Report The market for Commercial Drones or UAVs is ramified based on Product, Applications, End-User, and Geography. Based on Product · Rotary Blade · Fixed-wing · Hybrid Based on Application · Surveillance & Monitoring · Inspection & Maintenance · Filming & Photography · Precision Agriculture · Mapping & Surveying · Others Based on End-user · Delivery & Logistics · Agriculture · Energy · Security & Law Enforcement · Media & Entertainment · Real Estate & Construction · Others Regional Coverage Analysis North America o U.S.A. o Mexico o Canada Europe o U.K. o Germany o Italy o France o Spain o Rest Europe Asia Pacific o China o Korea o Australia o Japan o Rest of APAC LAMEA o Middle East o Africa o Latin America In terms of Product Outlook, the Rotary Blade sector held almost 80.12% of the market in 2021 and is likely to continue leading the market during the forecast period. Because of its capacity to hover and conduct agile maneuvers while maintaining sight on a particular target for extended periods of time, rotary blade commercial drones are projected to see an increase in demand for inspection tasks. These drones are commonly seen as a suitable alternative for a variety of business applications such as filmmaking & photography, monitoring, and surveillance. Furthermore, they are easier to control than fixed-wing and hybrid counterparts. Upgrading the performance efficacy of rotor blades minimize production costs and UAV drone deterioration which in turn drives the need for the rotary-blades of the UAV drones worldwide thereby augmenting the market growth. For the Application section, the Filming & Photography segment significantly led the market growth with a decent share of around 32.35 % in 2021. Unmanned aerial systems (UAS) & drones are emerging technologies that many photographers and filmmakers are utilizing. Drones are completely transforming the market outlook of cinema, television & real estate photography, thereby enabling limitless options to shoot high-quality photographs and video from previously unattainable perspectives and at previously inconceivable budgets. As per SMR, the Los Angeles Times has reported that utilizing UAVs for film and photography purposes has immensely helped these industries to save their overall expenses. It costs as little as $5,000 a day to operate with a filming UAV, compared to $25,000 when operated by a helicopter. (I.e., using UAVs can cut down expenses by almost five times). Moreover, the Precision Agriculture segment held the fastest expedition rate over the prevised time frame. Farmers all over the world are attempting to minimize agricultural costs and increase their output as much as possible. UAVs are extremely useful for meticulously tracking vast swaths of agricultural land, taking into consideration some features such as tilt and height, for instance, to determine the most effective crop planting routine. For the End-User section, the Media & Entertainment segment led the market with a share of 29.28 % in 2021. The usage of UAVs is very popular in this industry as UAVs can capture sights and their surroundings adequately, ensuring a clear perspective. They can also record scenes and photographs in an incredibly detailed manner and from the desired angles. UAVs now enable filmmakers to capture footage in unimaginable ways. UAV photographs appear remarkable because of their capacity to record from a higher vantage/altitude. They are equipped with high-definition cameras built in such a way that they can swivel and spin in all angles, enabling the operator to record photographs and films from various directions. For the Geographical Section, North America undoubtedly led the market with a share of nearly 40.07% in 2021. Favourable government measures, developments in drone technology, & increased demand from enterprises in a variety of industries are boosting this region's market growth. Furthermore, in the United States, the Federal Aviation Administration (FAA) has issued new regulations to establish more coherent and uniform standards for the legal and safe use of UAVs in commercial spaces. These rules and guidelines are expected to lower entry barriers and boost product uptake in this region. As per SMR, Skydio is one of the leading UAV manufacturers in the United States. Skydio's unrivalled AI-powered autonomous UAV solution for commercial purposes offers a smooth flying experience along with obstacle avoidance which makes flying safe. Further, the APAC region held the fastest growth rate in 2021 respectively. DJI, one of the leading Chinese companies, continued its leadership over the estimated time frame of 2021 to 2030. As per SMR, The DJI Air 2S, developed by the Chinese company DJI, is the finest UAV for aspiring aerial videographers and photographers due to its automated obstacle avoidance & 5.4K camera, as well as its ease of operation. Its three-axis gimbal delivers decent image stabilization & The Mavic-2 Intelligent Flight Battery powers the DJI Air 2S for 31 minutes of its flight time and recharges it in less than two hours. Global Commercial Drone Market Competitive Landscape Analysis The research provides a comprehensive competitive landscape analysis based on a thorough examination of the key strategic decisions taken by the top market participants in recent years. The leading firms in the Commercial Drones market are as follows: Aeronavics Ltd. 3D Robotics, Inc. Autel Robotics AeroVironment Inc. FLIR Systems Ehang Holdings Holy Stone Teal Drones AgEagle Aerial Systems Intel Corporation PrecisionHawk, Inc. Parrot Group SZ DJI Technology Skydio, Inc. Yuneec Holding Recent Developments:- On Nov 2022, Aeronavics launched its highly advanced UAV, Skyjib. The 8-motor co-axial multi-rotor UAV can carry up to 7kg of payload and fly at wind speeds of up to 40kph whilst maintaining exceptional performance. Currently, a plethora of industries are using these commercial drones, such as civil infrastructure, Maintainenece/inspection organizations, etc. Aeronavics also declared that they had designed this commercial drone in such a manner that it could offer premium performances even in the most adverse weather conditions. On July 2022, Skydio introduced the new X2 range of drones for commercial and government customers. In addition, the organization announced that it had raised $100 Mn in Series C funding led by Next47, with participation from NTT DOCOMO Ventures, Levitate Capital, & existing investors, which include Andreessen Horowitz, IVP, & Playground, to expedite product development & go-to-market expansion in enterprise & public sector markets. On July 2022, Yuneec Holdings launched its highly advanced hexacopter UAV, The H850 RTK is designed and used for a variety of commercial applications like surveying, infrastructure inspections, public safety applications, and animal rescue. Yuneec claims that their new aircraft can fly for up to 65 minutes, depending on cargo and weather conditions. Also, the organisation provides a tremendous deal of freedom in terms of payload. For instance, all payloads suitable with the H520E, the company's previous commercial product, can be utilized with this new H850-RTK model. Key UAVs supplied by the leading organizations are as follows:- UAV launched Features Company Skyjib 8-motor co-axial multi-rotor UAV used widely in commercial purposes by civil infrastructure, Maintainance/inspection organizations. Aeronavics Inc. The H850 RTK Used for a variety of commercial applications like surveying, infrastructure inspections, public safety applications, and animal rescue. Yuneec Holdings Golden Eagle Used to provide aerial surveillance for a myriad number of commercial purposes. Teal Drones Frequently Asked Question About This Report What is the global size of the commercial drone market? The commercial drone market size is expected to increase at a CAGR of 28.58% from $8.15 Bn in 2022 to around $47.38 billion by 2030. Who is the largest commercial drone manufacturer? North America is the largest manufacturer of commercial drones. Who are the market significant players? The significant players of the market include Aeronavics Ltd., 3D Robotics, Inc., Autel Robotics, AeroVironment Inc., FLIR Systems, Ehang Holdings, Holy Stone, Teal Drones, AgEagle Aerial Systems, Intel Corporation, PrecisionHawk, Inc., Parrot Group, SZ DJI Technology, Skydio, Inc., Yuneec Holding, etc. At what rate is the commercial drone market expanding? The market is expediting at a CAGR of nearly 28.58 from 2021 to 2030. Which market segment is the most dominant? The Rotary Blade segment of the Product section is the most dominant segment, with a share of around 80.12 % of the market in 2021. Sources: https://www.goldmansachs.com/insights/technology-driving-innovation/drones https://dronelife.com/2022/09/26/droneii-drone-market-report-where-the-drone-industry-will-grow-the-fastest-by-2030 https://www.insiderintelligence.com/insights/drone-industry-analysis-market-trends-growth-forecasts https://www.dronegenuity.com/post-covid-future-of-the-drone-industry https://www.flatworldsolutions.com/IT-services/articles/commercial-drone-industry-present-future.php https://www.mckinsey.com/industries/travel-logistics-and-infrastructure/our-insights/commercial-drones-are-here-the-future-of-unmanned-aerial-systems https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7076 https://medium.com/aerial-acuity/dronedeploy-reveals-commercial-drone-industry-trends-1358b15ab824 https://www.oliverwyman.com/our-expertise/insights/2015/apr/in-commercial-drones--the-race-is-on.html https://www.azolifesciences.com/article/How-are-Drones-Changing-the-Future-of-Agriculture.aspx https://www.mckinsey.com/industries/aerospace-and-defense/our-insights/future-air-mobility-blog/drone-delivery-more-lift-than-you-think https://articles.cyzerg.com/how-drones-will-affect-the-logistics-industry-in-the-next-5-years/ https://www.adorama.com/alc/drones-in-cinematography-photography/ https://dronephotographybible.com/how-drones-have-changed-commercial-photography/ https://www.ibm.com/blogs/internet-of-things/commercial-autonomous-drone-advancement/ https://venturebeat.com/datadecisionmakers/how-drone-autonomy-unlocks-a-new-era-of-ai-opportunities/ 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size By bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size By Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Commercial Drone Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Commercial Drone Market 4.2.1 Market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 Market, By region, 2021 - 2030 (USD Million) 4.4 By Product Analysis 4.4.1 Market, By Product, 2021 - 2030 (USD Million) 4.5 By Application Analysis 4.5.1 Market, By Application, 2021 - 2030 (USD Million) 4.6 End-user Analysis 4.6.1 Market, By End-user, 2021 - 2030 (USD Million) 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On the Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Product 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Market: By Product Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Rotary Blade 7.3.1. Rotary Blade market, 2021 - 2030 (USD Million) 7.4. Fixed-wing 7.4.1. Fixed-wing market, 2021 - 2030 (USD Million) 7.5. Hybrid 7.5.1. Hybrid market, 2021 - 2030 (USD Million) 8. Market: By Application Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Surveillance & Monitoring 8.3.1. Surveillance & Monitoring Market, 2021 - 2030 (USD Million) 8.4. Inspection & Maintenance 8.4.1. Inspection & Maintenance Market, 2021 - 2030 (USD Million) 8.5. Filming & Photography 8.5.1. Filming & Photography Market, 2021 - 2030 (USD Million) 8.6. Precision Agriculture 8.6.1. Precision Agriculture Market, 2021 - 2030 (USD Million) 8.7. Mapping & Surveying 8.7.1. Mapping & Surveying Market, 2021 - 2030 (USD Million) 8.8. Others 8.8.1. Others Market, 2021 - 2030 (USD Million) 9. Market: By End-user Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Delivery & Logistics 9.3.1. Delivery & Logistics market, 2021 - 2030 (USD Million) 9.4. Agriculture 9.4.1. Agriculture market, 2021 - 2030 (USD Million) 9.5. Energy 9.5.1. Energy market, 2021 - 2030 (USD Million) 9.6. Security & Law Enforcement 9.6.1. Security & Law Enforcement market, 2021 - 2030 (USD Million) 9.7. Media & Entertainment 9.7.1. Media & Entertainment market, 2021 - 2030 (USD Million) 9.8. Real Estate & Construction 9.8.1. Real Estate & Construction market, 2021 - 2030 (USD Million) 9.9. Others 9.9.1. Others market, 2021 - 2030 (USD Million) 10. Market: Regional Outlook 10.1 North America 10.1.1. North America market, By Product, 2021 - 2030 (USD Million) 10.1.2. North America market, By Application, 2021 - 2030 (USD Million) 10.1.3. North America market, By Age Group, 2021 - 2030 (USD Million) 10.1.4. North America market, By Country, 2021 - 2030 (USD Million) 10.1.5. North America market, By End-user, 2021 - 2030 (USD Million) 10.1.4.1. U.S. 10.1.4.1.1. U.S. market, By Product, 2021 - 2030 (USD Million) 10.1.4.1.2. U.S. market, By Application, 2021 - 2030 (USD Million) 10.1.4.1.3. U.S. market, By Age Group, 2021 - 2030 (USD Million) 10.1.4.2. Canada 10.1.4.2.1. Canada market, By Product, 2021 - 2030 (USD Million) 10.1.4.2.2. Canada market, By Application, 2021 - 2030 (USD Million) 10.1.4.2.3. Canada market, By Age Group, 2021 - 2030 (USD Million) 10.2. Europe 10.2.1. Europe market, By Product, 2021 - 2030 (USD Million) 10.2.2. Europe market, By Application, 2021 - 2030 (USD Million) 10.2.3. Europe market, By Age Group, 2021 - 2030 (USD Million) 10.2.4. Europe market, By country, 2021 - 2030 (USD Million) 10.2.5. Europe market, By End-user, 2021 - 2030 (USD Million) 10.2.4.1 U.K. 10.2.4.1.1. U.K. market, By Product, 2021 - 2030 (USD Million) 10.2.4.1.2. U.K. market, By Application, 2021 - 2030 (USD Million) 10.2.4.1.3. U.K. market, By Age Group, 2021 - 2030 (USD Million) 10.2.4.2. Germany 10.2.4.2.1. Germany market, By Product, 2021 - 2030 (USD Million) 10.2.4.2.2. Germany market, By Application, 2021 - 2030 (USD Million) 10.2.4.2.3. Germany market, By Age Group, 2021 - 2030 (USD Million) 10.2.4.3. France 10.2.4.3.1. France market, By Product, 2021 - 2030 (USD Million) 10.2.4.3.2. France market, By Application, 2021 - 2030 (USD Million) 10.2.4.3.3. France market, By Age Group, 2021 - 2030 (USD Million) 10.2.4.4. Rest of Europe 10.2.4.4.1. Rest of Europe market, By Product, 2021 - 2030 (USD Million) 10.2.4.4.2. Rest of Europe market, By Application, 2021 - 2030 (USD Million) 10.2.4.4.3. Rest of Europe market, By Age Group, 2021 - 2030 (USD Million) 10.3. Asia Pacific 10.3.1. Asia Pacific market, By Product, 2021 - 2030 (USD Million) 10.3.2. Asia Pacific market, By Application, 2021 - 2030 (USD Million) 10.3.3. Asia Pacific market, By Age Group, 2021 - 2030 (USD Million) 10.3.4. Asia Pacific market, By country, 2021 - 2030 (USD Million) 10.3.5. Asia Pacific market, By End-user, 2021 - 2030 (USD Million) 10.3.4.1. China 10.3.4.1.1. China market, By Product, 2021 - 2030 (USD Million) 10.3.4.1.2. China market, By Application, 2021 - 2030 (USD Million) 10.3.4.1.3. China market, By Age Group, 2021 - 2030 (USD Million) 10.3.4.2. India 10.3.4.2.1. India market, By Product, 2021 - 2030 (USD Million) 10.3.4.2.2. India market, By Application, 2021 - 2030 (USD Million) 10.3.4.2.3. India market, By Age Group, 2021 - 2030 (USD Million) 10.3.4.3. Japan 10.3.4.3.1. Japan market, By Product, 2021 - 2030 (USD Million) 10.3.4.3.2. Japan market, By Application, 2021 - 2030 (USD Million) 10.3.4.3.3. Japan market, By Age Group, 2021 - 2030 (USD Million) 10.3.4.4. South Korea 10.3.4.4.1. South Korea market, By Product, 2021 - 2030 (USD Million) 10.3.4.4.2. South Korea market, By Application, 2021 - 2030 (USD Million) 10.3.4.4.3. South Korea market, By Age Group, 2021 - 2030 (USD Million) 10.3.4.5. Rest of ASIA PACIFIC 10.3.4.5.1. Rest of ASIA PACIFIC market, By Product, 2021 - 2030 (USD Million) 10.3.4.5.2. Rest of ASIA PACIFIC market, By Application, 2021 - 2030 (USD Million) 10.3.4.5.3. Rest of ASIA PACIFIC market, By Age Group, 2021 - 2030 (USD Million) 10.4. Latin America 10.4.1. Latin America market, By Product, 2021 - 2030 (USD Million) 10.4.2. Latin America market, By Application, 2021 - 2030 (USD Million) 10.4.3. Latin America market, By Age Group, 2021 - 2030 (USD Million) 10.4.4. Latin America market, By country, 2021 - 2030 (USD Million) 10.4.5. Latin America market, By End-user, 2021 - 2030 (USD Million) 10.4.4.1. Brazil 10.4.4.1.1. Brazil market, By Product, 2021 - 2030 (USD Million) 10.4.4.1.2. Brazil market, By Application, 2021 - 2030 (USD Million) 10.4.4.1.3. Brazil market, By Age Group, 2021 - 2030 (USD Million) 10.4.4.2 Mexico 10.4.4.2.1. Mexico market, By Product, 2021 - 2030 (USD Million) 10.4.4.2.2. Mexico market, By Application, 2021 - 2030 (USD Million) 10.4.4.2.3. Mexico market, By Age Group, 2021 - 2030 (USD Million) 10.4.4.3. Rest of Latin America 10.4.4.3.1. Rest of the Latin America market, By Product, 2021 - 2030 (USD Million) 10.4.4.3.2. Rest of the Latin America market, By Application, 2021 - 2030 (USD Million) 10.4.4.3.3. Rest of the Latin America market, By Age Group, 2021 - 2030 (USD Million) 10.5. MEA 10.5.1. MEA market, By Product, 2021 - 2030 (USD Million) 10.5.2. MEA market, By Application, 2021 - 2030 (USD Million) 10.5.3. MEA market, By Age Group, 2021 - 2030 (USD Million) 10.5.4. MEA market, By region, 2021 - 2030 (USD Million) 10.5.5. MEA market, By End-user, 2021 - 2030 (USD Million) 11. Competitive Landscape 11.1 AERONAVICS LTD 11.1.1. Company overview 11.1.2. Financial performance 11.1.3. Solutions Portfolio Analysis 11.1.4. Business Strategy & Recent Development 11.2. 3D Robotics, Inc. 11.2.1. Company overview 11.2.2. Financial performance 11.2.3. Solutions Portfolio Analysis 11.2.4. Business Strategy & Recent Development 11.3. Autel Robotics 11.3.1. Company overview 11.3.2. Financial performance 11.3.3. Solutions Portfolio Analysis 11.3.4. Business Strategy & Recent Development 11.4. AEROVIRONMENT INC. 11.4.1. Company overview 11.4.2. Financial performance 11.4.3. Solutions Portfolio Analysis 11.4.4. Business Strategy & Recent Development 11.5. FLIR Systems 11.5.1. Company overview 11.5.2. Financial performance 11.5.3. Solutions Portfolio Analysis 11.5.4. Business Strategy & Recent Development 11.6. Ehang Holdings 11.6.1. Company overview 11.6.2. Financial performance 11.6.3. Solutions Portfolio Analysis 11.6.4. Business Strategy & Recent Development 11.7. HOLY STONE 11.7.1. Company overview 11.7.2. Financial performance 11.7.3. Solutions Portfolio Analysis 11.7.4. Business Strategy & Recent Development 11.8. TEAL DRONES 11.8.1. Company overview 11.8.2. Financial performance 11.8.3. Solutions Portfolio Analysis 11.8.4. Business Strategy & Recent Development 11.9. AgEagle Aerial Systems 11.9.1. Company overview 11.9.2. Financial performance 11.9.3. Solutions Portfolio Analysis 11.9.4. Business Strategy & Recent Development 11.10. Intel Corporation 11.10.1. Company overview 11.10.2. Financial performance 11.10.3. Solutions Portfolio Analysis 11.10.4. Business Strategy & Recent Development 11.10. PRECISIONHAWK, INC. 11.10.1. Company overview 11.10.2. Financial performance 11.10.3. Solutions Portfolio Analysis 11.10.4. Business Strategy & Recent Development 11.11. Parrot Group. 11.11.1. Company overview 11.11.2. Financial performance 11.11.3. Solutions Portfolio Analysis 11.11.4. Business Strategy & Recent Development 11.12. SZ DJI Technology. 11.12.1. Company overview 11.12.2. Financial performance 11.12.3. Solutions Portfolio Analysis 11.12.4. Business Strategy & Recent Development 11.13. Skydio, Inc. 11.13.1. Company overview 11.13.2. Financial performance 11.13.3. Solutions Portfolio Analysis 11.13.4. Business Strategy & Recent Development 11.14. Yuneec Holding. 11.14.1. Company overview 11.14.2. Financial performance 11.14.3. Solutions Portfolio Analysis 11.14.4. Business Strategy & Recent Development List of Tables (61 Tables) TABLE 1. Market, By Product, 2021-2030 (USD Million) TABLE 2. Market FOR VR FLIR Systemsverse Games, BY REGION, 2021-2030 (USD Million) TABLE 3. Market FOR Gaming Engine, BY REGION, 2021-2030 (USD Million) TABLE 4. Market FOR Services, BY REGION, 2021-2030 (USD Million) TABLE 5. Market FOR Product, BY REGION, 2021-2030 (USD Million) TABLE 6. Market FOR Systems, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET, By Application, 2021-2030 (USD Million) TABLE 8. MARKET FOR 3D Headset, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET FOR TROLLEY-BASED DEVICES, BY REGION, 2021-2030 (USD Million) TABLE 10. MARKET, BY AGE GROUP, 2021-2030 (USD Million) TABLE 10. MARKET FOR 10 to 19 years, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET FOR 20 to 35 years, BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Above 35 Years, BY REGION, 2021-2030 (USD Million) TABLE 14 MARKET FOR Musculoskeletal, BY REGION, 2021-2030 (USD Million) TABLE 15. MARKET FOR Vascular surgery, BY REGION, 2021-2030 (USD Million) TABLE 16. MARKET FOR Urology, BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET FOR Other, BY REGION, 2021-2030 (USD Million) TABLE 18. MARKET, By End-user, 2021-2030 (USD Million) TABLE 19. MARKET FOR AR & VR, BY REGION, 2021-2030 (USD Million) TABLE 20. MARKET FOR Mixed Reality, BY REGION, 2021-2030 (USD Million) TABLE 21. MARKET FOR Blockchain (NFTs & Cryptocurrency), BY REGION, 2021-2030 (USD Million) TABLE 22. MARKET FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 23. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 24. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 25. NORTH AMERICA MARKET, By Product, 2021-2030 (USD Million) TABLE 26. NORTH AMERICA MARKET, By Application, 2021-2030 (USD Million) TABLE 27. NORTH AMERICA MARKET, BY AGE GROUP, 2021-2030 (USD Million) TABLE 28. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 29. EUROPE MARKET, By Product, 2021-2030 (USD Million) TABLE 30. EUROPE MARKET, By Application, 2021-2030 (USD Million) TABLE 31. EUROPE MARKET, BY AGE GROUP, 2021-2030 (USD Million) TABLE 32. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 33. ASIA-PACIFIC MARKET, By Product, 2021-2030 (USD Million) TABLE 34. ASIA-PACIFIC MARKET, By Application, 2021-2030 (USD Million) TABLE 35. ASIA-PACIFIC MARKET, BY AGE GROUP, 2021-2030 (USD Million) TABLE 36. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 37. LAMEA MARKET, By Product, 2021-2030 (USD Million) TABLE 38. LAMEA MARKET, By End-user, 2021-2030 (USD Million) TABLE 39. LAMEA MARKET, BY AGE GROUP, 2021-2030 (USD Million) TABLE 40. AERONAVICS LTD: COMPANY SNAPSHOT TABLE 41. AERONAVICS LTD: OPERATING SEGMENTS TABLE 42. 3D Robotics, Inc.: COMPANY SNAPSHOT TABLE 43. 3D Robotics, Inc.: OPERATING SEGMENTS TABLE 44. Autel Robotics: COMPANY SNAPSHOT TABLE 45. Autel Robotics: OPERATING SEGMENTS TABLE 46. AEROVIRONMENT INC.: COMPANY SNAPSHOT TABLE 47. AEROVIRONMENT INC.: OPERATING SEGMENTS TABLE 48. FLIR Systems: COMPANY SNAPSHOT TABLE 49. FLIR Systems: OPERATING SEGMENTS TABLE 50. Ehang Holdings : COMPANY SNAPSHOT TABLE 51. Ehang Holdings : OPERATING SEGMENTS TABLE 52. HOLY STONE: COMPANY SNAPSHOT TABLE 53. HOLY STONE: OPERATING SEGMENTS TABLE 54. TEAL DRONES: COMPANY SNAPSHOT TABLE 55. TEAL DRONES: OPERATING SEGMENTS TABLE 56. AgEagle Aerial Systems: COMPANY SNAPSHOT TABLE 57. AgEagle Aerial Systems: OPERATING SEGMENTS TABLE 58. Intel Corporation: COMPANY SNAPSHOT TABLE 59. Intel Corporation: OPERATING SEGMENTS TABLE 60. PRECISIONHAWK, INC.: COMPANY SNAPSHOT TABLE 61. PRECISIONHAWK, INC.: OPERATING SEGMENTS List of Figures (22 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 15 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for Commercial Drone, By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for Commercial Drone, By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Application, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Product, 2019 vs. 2025 (USD Million) Figure 13 Market Share, By End-user, 2019 vs. 2025 (USD Million) Figure 14 Geographical Snapshot of the Market Figure 15 Media & Entertainment to Witness Higher CAGR in Market for End-user Driving during Forecast Period. Figure 16 Filming & Photography to Witness Higher CAGR in Market for Application Driving during Forecast Period. Figure 17 Rotary Blade to Witness Higher CAGR in Market for Product Driving during Forecast Period. Figure 18 North America Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges Figure 20 North America: Market Snapshot Figure 21 Asia Pacific: Market Snapshot Figure 22 Vendor Dive: Evaluation Overview