India's commercial drone market witnessed substantial growth in the past few years on account of increasing awareness, technological advancement, and growing adoption across several verticals such as mining, filming & photography, and agriculture in the country. The outbreak of COVID-19 has highlighted the importance of drones in India and would act in favor of the drone industry in the coming years. Additionally, government initiatives such as the “Make in India”, which promotes the domestic manufacturing of drones, would further fuel the growth of the commercial drone market in India during the forecast period.
According to this research, India's commercial drone market is projected to grow at a CAGR of 12.4% during 2020-2026. Based on types, rotary blade drones dominated the India commercial drone market share in 2019 owing to its special advantage of vertical landing and take-off. Also, they could hover at one particular point and are best suited for short-range applications. However, significant growth is recorded in fixed-wing drones on account of its simple structure and longer duration at high speed.
Commercial drones are widely accepted and implemented across several verticals. However, mapping & surveying holds the majority of revenue share due to high accuracy and quality provided by such drones with relatively less manpower and low cost. Also, recently, the government of India has employed drones for 3D digital mapping for road widening in the Allahabad highway. Further, filming & photography application has also registered significant share in India commercial drone market 2019.
The report comprehensively covers the market by types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, market share, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical Data of India Commercial Drone Market Revenues & Volume for the Period 2016-2019
- India Commercial Drone Market Size & India Commercial Drone Market Forecast of Revenues & Volume until 2026
- Historical Data of India Commercial Drone Market Revenues & Volume, By Types, for the Period 2016-2019
- Market Size & Forecast of India Commercial Drone Market Revenues & Volume, By Types, until 2026
- Historical Data of India Commercial Drone Market Revenues, By Applications, for the Period 2016-2019
- Market Size & Forecast of India Commercial Drone Market Revenues, By Applications, until 2026
- Historical Data of India Commercial Drone Market Revenues, By Regions, for the Period 2016-2019
- Market Size & Forecast of India Commercial Drone Market Revenues, By Regions, until 2026
- Market Drivers and Restraints
- Porter’s Five Force
- Market Trends & Evolution
- Industry Life Cycle
- Market Opportunity Assessment
- Competitive Benchmarking
- Market Share, By Players
- Company Profiles
- Key Strategic Recommendation
Markets Covered:
The report provides a detailed analysis of the following market segments:
By Types
- Fixed Wing Drone
- Rotary Blade Drone
- Hybrid Drone
By Applications
- Surveying & Mapping
- Filming & Photography
- Inspection & Maintenance
- Agriculture
- Surveillance & Monitoring
- Others (Environmental Conservation, Search & Rescue, etc.)
By Regions
- Eastern
- Western
- Northern
- Southern
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. India Commercial Drone Market Overview
3.1 India Commercial Drone Market Revenues & Volume, 2016-2026F
3.2 India Commercial Drone Market - Industry Life Cycle
3.3 India Commercial Drone Market SWOT Analysis
3.4 India Commercial Drone Market Ecosystem
3.5 India Commercial Drone Market-Porter’s Five Forces
3.6 India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F
3.7 India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F
3.8 India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F
4. India Commercial Drone Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraint
5. India Commercial Drone Market Trends & Evolution
6. India Commercial Drone Market Price Trend, By Types, 2016-2026F
7. India Commercial Drone Market Overview, By Types
7.1 India Fixed Wing Drone Market Revenues & Volume, 2016-2026F
7.2 India Rotary Blade Drone Market Revenues & Volume, 2016-2026F
7.3 India Hybrid Drone Market Revenues & Volume, 2016-2026F
8. India Commercial Drone Market Overview, By Applications
8.1. India Commercial Drone Market Revenues, By Filming & Photography Application, 2016-2026F
8.2. India Commercial Drone Market Revenues, By Inspection & Maintenance Application, 2016-2026F
8.3. India Commercial Drone Market Revenues, By Mapping & Surveying Application, 2016-2026F
8.4. India Commercial Drone Market Revenues, By Agriculture Application, 2016-2026F
8.5. India Commercial Drone Market Revenues, By Surveillance & Monitoring Application, 2016-2026F
8.6. India Commercial Drone Market Revenues, By Other Applications, 2016-2026F
9. India Commercial Drone Market Overview, By Regions
9.1 India Commercial Drone Market Revenues, By Eastern Region, 2016-2026F
9.2 India Commercial Drone Market Revenues, By Western Region, 2016-2026F
9.3 India Commercial Drone Market Revenues, By Northern Region, 2016-2026F
9.4 India Commercial Drone Market Revenues, By Southern Region, 2016-2026F
10. India Commercial Drone Market - Government Initiatives & Regulations
11. India Commercial Drone Market - Key Performance Indicators
12. India Commercial Drone Market Opportunity Assessment
12.1 India Commercial Drone Market Opportunity Assessment, By Types, 2026F
12.2 India Commercial Drone Market Opportunity Assessment, By Applications, 2026F
12.3 India Commercial Drone Market Opportunity Assessment, By Regions, 2026F
13. India Commercial Drone Market Competitive Landscape
13.1 India Commercial Drone Market Competitive Benchmarking, By Technical Parameters
13.2 India Commercial Drone Market Competitive Benchmarking, By Operating Parameters
13.3 India Commercial Drone Market Revenue Share, By Players, 2019
14. Company Profiles
14.1 Shenzhen DJI Innovation Technology Co. Ltd
14.2 Ideaforge Technology Private Limited
14.3 Johnnette Technologies Pvt Ltd
14.4 Asteria Aerospace Pvt. Ltd
14.5 Throttle Aerospace Systems Pvt. Ltd.
14.6 Edall Systems
14.7 Aarav Unmanned Systems Pvt Ltd.
14.8 Detect Technologies Pvt Ltd.
14.9 Kadet Defence Systems (P) Ltd.
14.10 Rchobbytech Solutions Private Limited
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
1. India Commercial Drone Market Revenues & Volume 2016-2026F (INR Crore) (Units)
2. India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F
3. India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F
4. India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F
5. Total Number of Drone Start-ups Across Nations, 2019
6. Total Funding in Drone Start-ups Across Nations, 2019 (INR Crore)
7. India Commercial Drone Market Price Trend, By Types (INR)
8. India Commercial Drone Market Revenues, By Regions, 2016-2026F (INR Crore)
9. India E-Commerce Industry Players Market Share, 2018
10. India Overall Logistics Market Size, 2018-2025E (INR ’00 Crore)
11. India Farm Mechanization Market, FY 16- FY 25 (INR ‘00 Crore)
12. Growth Index of Industrial Production, FY 18- FY 20 (%)
13. Capacity Utilization in Manufacturing Sector, Q1 FY 19-Q1 FY 20 (%)
14. Available Funding in Roads & Highways by Ministry of Road Transport & Highways (MORTH), 2020-2024 (INR Lakh Crore)
15. India Commercial Drone Market Revenues Opportunity Assessment, By Types, 2026F (INR Crore)
16. India Commercial Drone Market Revenues Opportunity Assessment, By Applications, 2026F (INR Crore)
17. India Commercial Drone Market Revenues Opportunity Assessment, By Regions, 2026F (INR Crore)
18. India Commercial Drone Market Revenue Share, By Companies, 2019
List of Tables
1. India Commercial Drone Market Volume, By Types (Units)
2. India Commercial Drone Market Revenues, By Types (INR Crore)
3. India Commercial Drone Market Revenues, By Applications, 2016-2026F (INR Crore)
4. Farm mechanization level in India, 2019
5. Upcoming High-Rise Building Across Key Cities in India, as of Feb 2020
Companies Mentioned
- Aarav Unmanned Systems Pvt Ltd.
- Asteria Aerospace Pvt. Ltd
- Detect Technologies Pvt Ltd.
- Edall Systems
- Ideaforge Technology Private Limited
- Johnnette Technologies Pvt Ltd
- Kadet Defence Systems (P) Ltd.
- Rchobbytech Solutions Private Limited
- Shenzhen DJI Innovation Technology Co. Ltd
- Throttle Aerospace Systems Pvt. Ltd.
