FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 13472
Companies: 13 – Players covered include AeroVironment Inc.; Agribotix, LLC; Airware; Cyberhawk Innovations Ltd.; CyPhy Works Inc.; Draganfly Innovations Inc.; Drone Aviation Holding Corporation; DroneDeploy ; EHang Inc.; Intel Corporation; Lockheed Martin Corporation; Parrot SA; PrecisionHawk; Skycatch Inc.; SZ DJI Technology Co. Ltd.; Yuneec International Co., Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Commercial Drones)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Commercial Drones Market to Reach $15.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Commercial Drones estimated at US$4.9 Billion in the year 2020, is projected to reach a revised size of US$15.4 Billion by 2026, growing at a CAGR of 20.5% over the analysis period.
The U.S. Market is Estimated at $1.8 Billion in 2021, While China is Forecast to Reach $2.7 Billion by 2026
The Commercial Drones market in the U.S. is estimated at US$1.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2026 trailing a CAGR of 20.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR. More
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