Market Overview:
The global drone service market was valued at $4,215.8 Million in 2020, and is projected to reach $128,185.3 Million by 2030, registering a CAGR of 40.7% from 2021 to 2030.
Drone services are being used on construction sites to inspect and monitor the progress of the work. By type, the drone service market is categorized into drone platform services, drone maintenance, repair, and overhaul (MRO) services, and drone training & education services. The drone platform services segment accounted for the highest revenue in 2020, owing to the drone technology advancements and increased development of advanced drones for agriculture, construction management, search & rescue, forestry, real estate, fire, and emergency services. Increased demand in defence, energy & power, homeland security, and other industries for unmanned platforms that provide residential and commercial real-estate photography, construction site monitoring, drone inspection services, orthomosaic & aerial survey, data capture & analysis services, and drone 3D modelling foster the growth of the drone platform services segment.
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The surge in demand for time-efficient delivery service, increase in demand for industry-specific solutions, and high demand for autonomous security and surveillance systems are expected to drive the global drone service market growth during the forecast period. However, cybersecurity issues associated with drones and limited operational bandwidth for drones is anticipated to hamper the growth of the market during the forecast period. Moreover, revamped government regulatory framework and technological advancement in drones is expected to offer lucrative opportunities for the market in the future.
Segment Overview:
- Drone Platform Services
- Drone Maintenance, Repair, and Overhaul (MRO) Services
- Drone Training & Education Services
- Short-duration services
- Long-duration services
- Aerial Photography & Remote Sensing
- Data Acquisition & Analytics
- Mapping & surveying
- Modelling
- .Disaster Risk Management & Mitigation
- Inspection & environmental monitoring
- Others
- Enterprise
- Point
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Key Players:
Aerodyne Group
Cyberhawk
DroneDeploy
Edall Systems
Phoenix Drone Services LLC
PrecisionHawk
senseFly
Sharper Shape
Terra Drone Corporation
Unmanned Experts Inc.
Key Findings Of The Study
- By type, the drone maintenance repair and overhaul services segment is expected to register a significant growth during the forecast period.
- By duration of service, the long-duration service segment is anticipated to exhibit significant growth in the near future.
- By application, the aerial photography & remote sensing segment is anticipated to exhibit significant growth in the near future
- By solution, the enterprise segment is anticipated to exhibit significant growth in the near future
- By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
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