The global commercial drones market is projected to reach $24.0 billion by 2029.
From GlobeNewswire: 2024-12-11 12:31:00
The Global Commercial Drones Market is projected to reach $24.0 billion by 2029, growing at a CAGR of 13.8%. This report analyzes key trends and developments in the market, including innovations, regulatory compliance, and demand for real-time data. It covers three main types of drones and their applications across various industries. The report also provides regional analysis and profiles of major vendors.
Factors driving the global commercial drone market include favorable regulations, technological advances, cost efficiency, and widespread industry use. Rotary-wing drones dominate the market due to their maneuverability. Archaeologists are using advanced sensor drones for archaeological surveys, while drone swarms inspired by nature are used for search and rescue.
The report projects the market to reach $24.0 billion by 2029, growing at a CAGR of 13.8%. Key drivers include industries adopting drones, favorable regulations, technological advances, and cost efficiency. The market is segmented by type, technology, weight, application, and region, with remote-operated drones expected to dominate.
Leading companies in the market include AEROVIRONMENT INC., DJI, DRAGANFLY INNOVATIONS INC., and more. For more details on the Global Commercial Drones Market Report, visit the link provided. BCC Research provides market research reports that offer objective, unbiased analysis to help make informed business decisions.
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