The North America Commercial Drones Market should witness market growth of 33.0% CAGR during the forecast period (2022-2028).
Drone manufacturers have a lot of potential prospects if they incorporate cutting-edge technology like artificial intelligence (AI) and machine learning (ML) into their products. By making high-speed data collection, processing, and transmission possible, they provide their client's access to real-time, data-driven decision-making. Users of AI-powered drones may also engage with one another, see in-flight videos from other drones, and follow their flight trajectories. When ML and AI are integrated with predictive learning models, data analysis may be completed more quickly while still producing insightful results.
A considerable increase in the employment of drone technology has also occurred due to the pandemic, with drones claiming to be quite helpful in such circumstances. Drones are often employed in the healthcare sector for the collection and delivery of test samples as well as the transportation of medical supplies to shorten turnaround times for rides and lower the risk of infection. Over eighteen nations have deployed drones for delivery and transportation during the pandemic, according to UNICEF.
Drones are revolutionizing aviation, reshaping new businesses while also changing old ones, and dramatically expanding the number of commercial and leisure drone pilots using the airspace in Canada as they do in many other nations. The commercial sector in Canada has the chance to become more effective and competitive owing to UAVs. The drone ecosystem in Canada comprises several important drone industry participants, from non-profit organizations as well as academic institutions to federal agencies and a range of drone businesses. Throughout the projection period, demand for drones is propelling the growth of thecommercial drone market region.
The US market dominated the North America Commercial Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43,698 Million by 2028. The Canada market is poised to grow at a CAGR of 36% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 34.8% during (2022-2028).
Based on Product, the market is segmented into Rotary Blade, Fixed-wing and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction and Others. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., PrecisionHawk, Inc., Autel Robotics Co., Ltd., Draganfly Inc., Intel Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Aeronavics Ltd., Parrot Drones SAS, and EHang Holdings Limited.
Drone manufacturers have a lot of potential prospects if they incorporate cutting-edge technology like artificial intelligence (AI) and machine learning (ML) into their products. By making high-speed data collection, processing, and transmission possible, they provide their client's access to real-time, data-driven decision-making. Users of AI-powered drones may also engage with one another, see in-flight videos from other drones, and follow their flight trajectories. When ML and AI are integrated with predictive learning models, data analysis may be completed more quickly while still producing insightful results.
A considerable increase in the employment of drone technology has also occurred due to the pandemic, with drones claiming to be quite helpful in such circumstances. Drones are often employed in the healthcare sector for the collection and delivery of test samples as well as the transportation of medical supplies to shorten turnaround times for rides and lower the risk of infection. Over eighteen nations have deployed drones for delivery and transportation during the pandemic, according to UNICEF.
Drones are revolutionizing aviation, reshaping new businesses while also changing old ones, and dramatically expanding the number of commercial and leisure drone pilots using the airspace in Canada as they do in many other nations. The commercial sector in Canada has the chance to become more effective and competitive owing to UAVs. The drone ecosystem in Canada comprises several important drone industry participants, from non-profit organizations as well as academic institutions to federal agencies and a range of drone businesses. Throughout the projection period, demand for drones is propelling the growth of thecommercial drone market region.
The US market dominated the North America Commercial Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43,698 Million by 2028. The Canada market is poised to grow at a CAGR of 36% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 34.8% during (2022-2028).
Based on Product, the market is segmented into Rotary Blade, Fixed-wing and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction and Others. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., PrecisionHawk, Inc., Autel Robotics Co., Ltd., Draganfly Inc., Intel Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Aeronavics Ltd., Parrot Drones SAS, and EHang Holdings Limited.
Scope of the Study
By Product
- Rotary Blade
- Fixed-wing
- Hybrid
By End-use
- Media & Entertainment
- Security & Law Enforcement
- Agriculture
- Energy
- Real Estate & Construction
- Others
By Application
- Filming & Photography
- Mapping & Surveying
- Surveillance & Monitoring
- Inspection & Maintenance
- Precision Agriculture
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AeroVironment, Inc.
- SZ DJI Technology Co., Ltd.
- PrecisionHawk, Inc.
- Autel Robotics Co., Ltd.
- Draganfly Inc.
- Intel Corporation
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Aeronavics Ltd.
- Parrot Drones SAS
- EHang Holdings Limited
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Commercial Drone Market, by Product
1.4.2 North America Commercial Drone Market, by End-use
1.4.3 North America Commercial Drone Market, by Application
1.4.4 North America Commercial Drone Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Commercial Drones Market
Chapter 4. North America Commercial Drone Market by Product
4.1 North America Rotary Blade Market by Country
4.2 North America Fixed-wing Market by Country
4.3 North America Hybrid Market by Country
Chapter 5. North America Commercial Drone Market by End-use
5.1 North America Media & Entertainment Market by Country
5.2 North America Security & Law Enforcement Market by Country
5.3 North America Agriculture Market by Country
5.4 North America Energy Market by Country
5.5 North America Real Estate & Construction Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Commercial Drone Market by Application
6.1 North America Filming & Photography Market by Country
6.2 North America Mapping & Surveying Market by Country
6.3 North America Surveillance & Monitoring Market by Country
6.4 North America Inspection & Maintenance Market by Country
6.5 North America Precision Agriculture Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Commercial Drone Market by Country
7.1 US Commercial Drone Market
7.1.1 US Commercial Drone Market by Product
7.1.2 US Commercial Drone Market by End-use
7.1.3 US Commercial Drone Market by Application
7.2 Canada Commercial Drone Market
7.2.1 Canada Commercial Drone Market by Product
7.2.2 Canada Commercial Drone Market by End-use
7.2.3 Canada Commercial Drone Market by Application
7.3 Mexico Commercial Drone Market
7.3.1 Mexico Commercial Drone Market by Product
7.3.2 Mexico Commercial Drone Market by End-use
7.3.3 Mexico Commercial Drone Market by Application
7.4 Rest of North America Commercial Drone Market
7.4.1 Rest of North America Commercial Drone Market by Product
7.4.2 Rest of North America Commercial Drone Market by End-use
7.4.3 Rest of North America Commercial Drone Market by Application
Chapter 8. Company Profiles
8.1 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 SWOT Analysis
8.2 Intel Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 AeroVironment, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Draganfly, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 EHang Holdings Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 Parrot Drone SAS
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 PrecisionHawk, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Acquisition and Mergers:
8.9 Autel Robotics Co., Ltd.
8.9.1 Company Overview
8.10. Aeronavics Ltd.
8.10.1 Company Overview
Companies Mentioned
- AeroVironment, Inc.
- SZ DJI Technology Co., Ltd.
- PrecisionHawk, Inc.
- Autel Robotics Co., Ltd.
- Draganfly Inc.
- Intel Corporation
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Aeronavics Ltd.
- Parrot Drones SAS
- EHang Holdings Limited
Methodology
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