The Asia Pacific Commercial Drones Market is expected to witness market growth of 12.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Commercial Drones Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.77 billion by 2031. The Japan market is exhibiting a CAGR of 12.2% during 2024-2031. Additionally, the India market is expected to experience a CAGR of 13.7% during 2024-2031.
Industries with high crime rates and labour expenses are more likely to see conventional use cases like monitoring, surveillance, and security emergence. Drones are often used in search and rescue operations and in locating elevated infrastructure that may have broken electrical wires or unstable roofs in hazardous and inaccessible locations. Technological developments in electronics, including contemporary computers, microcontrollers, processors, mobile devices, and cameras, have simplified the drone product lineup.
The uses of commercial drones extend far beyond traditional applications. Energy businesses commonly use Unmanned Aerial Vehicles (UAVs) to monitor electricity cables, pipelines, wind turbines, and solar panels. Businesses may remotely verify the condition of their equipment without running the danger of hurting employees. It might be challenging for oil and gas businesses to evaluate floating points and flare tips. Also, drones have resolved the problem of getting to difficult-to-reach places. They are also used to check offshore platforms, pipelines, and wells.
Australia is a significant industrial hub in the region, where BVLOS testing is becoming increasingly significant. Percepto, a developer of drone-in-a-box solutions, received operating authorization from Australia’s Civil Aviation Safety Authority (CASA) in December 2021 to operate BVLOS throughout the nation. To support the extensive drone ecosystem, operators in the nation are creating technology and services quickly. With the backing of numerous local and foreign players, the CASA created favourable drone laws in Australia that assist the integration of drones into several of these applications. Such advancements can result in a favourable prognosis for the market in the region throughout the forecast. Thus, market growth is propelling due to the abovementioned factors.
The China market dominated the Asia Pacific Commercial Drones Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.77 billion by 2031. The Japan market is exhibiting a CAGR of 12.2% during 2024-2031. Additionally, the India market is expected to experience a CAGR of 13.7% during 2024-2031.
Industries with high crime rates and labour expenses are more likely to see conventional use cases like monitoring, surveillance, and security emergence. Drones are often used in search and rescue operations and in locating elevated infrastructure that may have broken electrical wires or unstable roofs in hazardous and inaccessible locations. Technological developments in electronics, including contemporary computers, microcontrollers, processors, mobile devices, and cameras, have simplified the drone product lineup.
The uses of commercial drones extend far beyond traditional applications. Energy businesses commonly use Unmanned Aerial Vehicles (UAVs) to monitor electricity cables, pipelines, wind turbines, and solar panels. Businesses may remotely verify the condition of their equipment without running the danger of hurting employees. It might be challenging for oil and gas businesses to evaluate floating points and flare tips. Also, drones have resolved the problem of getting to difficult-to-reach places. They are also used to check offshore platforms, pipelines, and wells.
Australia is a significant industrial hub in the region, where BVLOS testing is becoming increasingly significant. Percepto, a developer of drone-in-a-box solutions, received operating authorization from Australia’s Civil Aviation Safety Authority (CASA) in December 2021 to operate BVLOS throughout the nation. To support the extensive drone ecosystem, operators in the nation are creating technology and services quickly. With the backing of numerous local and foreign players, the CASA created favourable drone laws in Australia that assist the integration of drones into several of these applications. Such advancements can result in a favourable prognosis for the market in the region throughout the forecast. Thus, market growth is propelling due to the abovementioned factors.
List of Key Companies Profiled
- AeroVironment, Inc.
- Intel Corporation
- SZ DJI Technology Co., Ltd.
- EHang Holdings Limited
- Aeronavics Ltd.
- Parrot Drones SAS
- Draganfly Inc.
- Autel Robotics Co., Ltd.
- PrecisionHawk, Inc. (Field Group AS)
- Terra Drone Corporation (Terra Motors Corporation)
Market Report Segmentation
By Product- Rotary Blade
- Fixed-wing
- Hybrid
- Media & Entertainment
- Security & Law Enforcement
- Agriculture
- Energy
- Real Estate & Construction
- Other End-use
- Filming & Photography
- Mapping & Surveying
- Surveillance & Monitoring
- Inspection & Maintenance
- Precision Agriculture
- Other Application
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Strategies Deployed in Commercial Drones Market
Chapter 5. Asia Pacific Commercial Drones Market by Product
Chapter 6. Asia Pacific Commercial Drones Market by End-use
Chapter 7. Asia Pacific Commercial Drones Market by Application
Chapter 8. Asia Pacific Commercial Drones Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- AeroVironment, Inc.
- Intel Corporation
- SZ DJI Technology Co., Ltd.
- EHang Holdings Limited
- Aeronavics Ltd.
- Parrot Drones SAS
- Draganfly Inc.
- Autel Robotics Co., Ltd.
- PrecisionHawk, Inc. (Field Group AS)
- Terra Drone Corporation (Terra Motors Corporation)
Methodology
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