From GlobeNewswire: 2024-04-10 08:00:00

The Commercial Drone market size is projected to grow to USD 9.3 billion by 2029, with a CAGR of 11.2%. Increased adoption of UAS in commercial applications globally is driving market growth.

Advancements in commercial drone technology have led to increased demand for cost-effective solutions in various industries such as agriculture and infrastructure inspection.

The Transport, Logistics, and Warehousing segment is expected to experience the highest growth rate in the commercial drone market during the forecast period.

Passenger drones are projected to lead the market growth, offering convenient aerial transportation solutions, while fully autonomous drones are expected to enhance operational efficiency and reduce costs across multiple sectors.

Asia Pacific, particularly China and India, are poised to be high-growth markets for commercial drones due to the rising number of drone manufacturers and increased procurement of military drones in the region.

Key players in the market include DJI, Parrot Drone SAS, EHANG Holdings Limited, Aerovironment, Inc., and The Boeing Company. The report segments the market based on systems, platform, type, mode of operation, end use, MTOW, and range, with detailed analysis of industry trends and competitive landscape.



Read more at GlobeNewswire: Commercial Drone Market Size, Share, Industry Grwoth &