Drones Market
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www.marketresearchfuture.com<br />
<strong>Drones</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2028<br />
Global <strong>Drones</strong> <strong>Market</strong>, By Type (Fixed-Wing and Multi Rotor),By Capability (Passenger <strong>Drones</strong> and<br />
Cargo <strong>Drones</strong>),By Capacity (Up to 100 kg and Over 100 kg),By Application (Agriculture (Field<br />
Mapping, Field Mapping, Crop Spraying, Agricultural Photography, Precise Agriculture Management,<br />
Agriculture Insurance Inspection),Industry (Construction, Oil & Gas, Mining, Logistics, Aviation,<br />
Telecom)),By Component (Airframe, Payload, Guidance Navigation & Control, Propulsion System),By<br />
Region – Forecast to 2028<br />
The global drone market is projected to witness an impressive CAGR of 20.18% between 2018 and 2028 to reach a valuation<br />
in excess of USD 129,300 Mn. Modern drones are being equipped with a broad range of systems such as airframe, engine,<br />
autopilot, navigation system, sensor package, and communication link. This has augmented the application spectrum for<br />
drones. These unmanned vehicles are not only compact but also impressively powerful and can easily perform tasks that<br />
can be highly complex for conventional aircrafts. With the rapid advancements in drone technology, new concepts are<br />
emerging. <strong>Drones</strong> have high potentials, therefore, is generating tremendous investment interest among government<br />
agencies and privately owned business entities. Of late, drones are being utilized by sectors such as aviation, construction,<br />
mining, oil & gas, telecom, and logistics sectors. Factors as such are providing an impetus to the global market for drones.<br />
Manufacturers are also focusing on overcoming issues associated with data processing and expand flight range and<br />
endurances.<br />
Key Players<br />
AeroVironment, Inc., Aeryon Labs Inc., AgEagle Aerial Systems, Agribotix LLC, DJI, Delair SAS, Parrot <strong>Drones</strong> SAS,<br />
PrecisionHawk, 3D Robotics, Inc., and HoneyComb Corporation.<br />
The report provides insights on the leading market players and evaluates their current market share. Company information<br />
with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A<br />
activities, and the latest R&D initiatives is also available in the report.
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