Market Insights

As per recent research by MarkNtel Advisors, The Global Drone Services Market size was valued at USD 16.15 billion in 2023 and is projected to reach USD 312 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 28.5% during the forecast period, i.e., 2024-30.

Global Drone Services Market Driver:

Rising Utilization of Drones for Crop Health Assessment & Soil Monitoring – The usage of drones greatly benefits the agriculture industry in a variety of ways. The EU Commission recognizes many potential areas where they can be implemented, including aerial planting, field analysis, crop monitoring & health assessment, irrigation, and fertilizer spraying. Drones offer a safer alternative to manual tasks that involve harmful equipment as well as situations where conventional vehicles cannot access terrain or ground conditions effectively. In China, government subsidies are driving the implementation of agricultural drones DJI Innovation Technology reports over 10k trained operators utilizing their Agras MG-1 series 8-rotor sprayers.

Meanwhile, owing to commercial agriculture replacing subsistence farming, heightened large-scale operations are anticipated to fuel demand for drones throughout various applications, such as monitoring & inspection alongside surveying & mapping across different sectors, like spraying & seeding predominantly in the Asia-Pacific region.

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Market Segmentation and Consumer Behavior:

By Type

  • Drone Platform Services- Market Size & Forecast 2019-2030F, USD Million
  • Drone MRO Services- Market Size & Forecast 2019-2030F, USD Million
  • Drone Training & Simulation Services- Market Size & Forecast 2019-2030F, USD Million

By Industry

  • Construction & Infrastructure- Market Size & Forecast 2019-2030F, USD Million
  • Agriculture- Market Size & Forecast 2019-2030F, USD Million
  • Utility- Market Size & Forecast 2019-2030F, USD Million
  • Oil & Gas, Mining- Market Size & Forecast 2019-2030F, USD Million
  • Defense & Law enforcement- Market Size & Forecast 2019-2030F, USD Million
  • Media & Entertainment- Market Size & Forecast 2019-2030F, USD Million
  • Scientific Research- Market Size & Forecast 2019-2030F, USD Million
  • Aviation & Marine- Market Size & Forecast 2019-2030F, USD Million
  • Healthcare & Social Assistance- Market Size & Forecast 2019-2030F, USD Million
  • Transportation & Logistics- Market Size & Forecast 2019-2030F, USD Million
  • Warehousing- Market Size & Forecast 2019-2030F, USD Million

By Solution

  • End-to-End Solution- Market Size & Forecast 2019-2030F, USD Million
  • Point Solution- Market Size & Forecast 2019-2030F, USD Million

By Application

  • Ariel Photography & Remote Sensing- Market Size & Forecast 2019-2030F, USD Million
  • Data Acquisition & Analytics- Market Size & Forecast 2019-2030F, USD Million
  • Mapping & Surveying- Market Size & Forecast 2019-2030F, USD Million
  • 3D Modelling- Market Size & Forecast 2019-2030F, USD Million
  • Disaster Risk Management & Mitigation- Market Size & Forecast 2019-2030F, USD Million
  • Inspection & Environment Monitoring - Market Size & Forecast 2019-2030F, USD Million
  • Others- Market Size & Forecast 2019-2030F, USD Million

By Duration of Service

  • Short Duration- Market Size & Forecast 2019-2030F, USD Million
  • Long Duration- Market Size & Forecast 2019-2030F, USD Million

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Drone Services Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

Key Players and Competitive Strategies in the Drone Services Market

Several prominent players dominate the Drone Services Market, including:

  • Edall Systems
  • Precision Hawk
  • Martek Aviation
  • Cyberhawk- Innovation
  • Measure
  • Sensefly
  • Dronedeploy
  • Vermeer
  • Ageagle Systems
  • ICR Integrity
  • Zipline
  • Terra Drone
  • Identified Technologies
  • The Sky Guys
  • Deveron UAS
  • Matternet
  • Sky Features
  • Sharper Shape
  • DroneAcharya Aerial Innovations Limited

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Questions Addressed in this Study

1.What factors are driving the Drone Services Market growth?

2.How is the Drone Services Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Drone Services Market?

4.What is the current size of the Drone Services Market, and how is it projected to change in the future?

5.What is the future outlook for the Drone Services Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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