Global Drone Services Market Expanding at a CAGR of 28.5%

Drone Services Market

MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Drone Services Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the Global Drone Services Market: 2024-2030

The Global Drone Services Market size was valued at USD 16.15 billion in 2023 and is projected to reach USD 312 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 28.5% during the forecast period, i.e., 2024-30.

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What are the primary factors driving the growth of the Global Drone Services Market?

Global Drone Services Market Driver:

Rising Utilization of Drones for Crop Health Assessment & Soil Monitoring – The usage of drones greatly benefits the agriculture industry in a variety of ways. The EU Commission recognizes many potential areas where they can be implemented, including aerial planting, field analysis, crop monitoring & health assessment, irrigation, and fertilizer spraying. Drones offer a safer alternative to manual tasks that involve harmful equipment as well as situations where conventional vehicles cannot access terrain or ground conditions effectively. In China, government subsidies are driving the implementation of agricultural drones DJI Innovation Technology reports over 10k trained operators utilizing their Agras MG-1 series 8-rotor sprayers.

Meanwhile, owing to commercial agriculture replacing subsistence farming, heightened large-scale operations are anticipated to fuel demand for drones throughout various applications, such as monitoring & inspection alongside surveying & mapping across different sectors, like spraying & seeding predominantly in the Asia-Pacific region.

Global Drone Services Market Segmentation:

The Global Drone Services Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

By Type

-Drone Platform Services- Market Size & Forecast 2019-2030F, USD Million

-Drone MRO Services- Market Size & Forecast 2019-2030F, USD Million

-Drone Training & Simulation Services- Market Size & Forecast 2019-2030F, USD Million

By Industry

-Construction & Infrastructure- Market Size & Forecast 2019-2030F, USD Million

-Agriculture- Market Size & Forecast 2019-2030F, USD Million

-Utility- Market Size & Forecast 2019-2030F, USD Million

-Oil & Gas, Mining- Market Size & Forecast 2019-2030F, USD Million

-Defense & Law enforcement- Market Size & Forecast 2019-2030F, USD Million

-Media & Entertainment- Market Size & Forecast 2019-2030F, USD Million

-Scientific Research- Market Size & Forecast 2019-2030F, USD Million

-Aviation & Marine- Market Size & Forecast 2019-2030F, USD Million

-Healthcare & Social Assistance- Market Size & Forecast 2019-2030F, USD Million

-Transportation & Logistics- Market Size & Forecast 2019-2030F, USD Million

-Warehousing- Market Size & Forecast 2019-2030F, USD Million

By Solution

-End-to-End Solution- Market Size & Forecast 2019-2030F, USD Million

-Point Solution- Market Size & Forecast 2019-2030F, USD Million

By Application

-Ariel Photography & Remote Sensing- Market Size & Forecast 2019-2030F, USD Million

-Data Acquisition & Analytics- Market Size & Forecast 2019-2030F, USD Million

-Mapping & Surveying- Market Size & Forecast 2019-2030F, USD Million

-3D Modelling- Market Size & Forecast 2019-2030F, USD Million

-Disaster Risk Management & Mitigation- Market Size & Forecast 2019-2030F, USD Million

-Inspection & Environment Monitoring – Market Size & Forecast 2019-2030F, USD Million

-Others- Market Size & Forecast 2019-2030F, USD Million

By Duration of Service

-Short Duration- Market Size & Forecast 2019-2030F, USD Million

-Long Duration- Market Size & Forecast 2019-2030F, USD Million.

Geographical Analysis into the Global Drone Services Market:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape and Global Drone Services Market Share Analysis:

The competitive landscape of the Global Drone Services Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

The report features major players including:

Edall Systems, Precision Hawk, Martek Aviation, Cyberhawk- Innovation, Measure, Sensefly, Dronedeploy, Vermeer, Ageagle Systems, ICR Integrity, Zipline, Terra Drone, Identified Technologies, The Sky Guys, Deveron UAS, Matternet, Sky Features, Sharper Shape,.

Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

  • What factors are driving the Global Drone Services Market growth?
  • How is the Global Drone Services Market expected to grow over the next five years?
  • What are the key insights into the current trends in the Global Drone Services Market?
  • What is the current size of the Global Drone Services Market, and how is it projected to change in the future?
  • What is the future outlook for the Global Drone Services Market in terms of technological advancements and market expansion?

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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