Managed UAV Fleets is a Major Growth Area for Commercial Drone Market
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This report evaluates the commercial and military drones market including enabling technologies, solutions, applications, and services. The report assesses the market outlook and provides detailed forecasts for revenue and deployment globally, regionally, and within major countries through 2025. It includes analysis and forecasts by drone type, application, and solutions by industry vertical. It also includes an assessment of the managed drone fleet services market with forecasts through 2025.
An aerial drone (unmanned aircraft, unmanned aerial vehicle or UAV) is any aircraft that operates without direct human intervention from within or on the aircraft. The global drone market is comprised largely of commercial and military applications. Leading companies such as Amazon are planning the widespread use of UAVs for retail delivery and related logistics. Drones are also anticipated to be used extensively in public safety including law enforcement, search, and rescue operations. In addition, commercial drone services companies are anticipated to make a big impact on enterprise and industrial business operations.
Some of the other major non-military verticals and use cases served by UAV/Drone include Civil Infrastructure, Construction, Mining and Extraction (Oil & Gas, Timber, etc.), Precision Agriculture, Public Safety (Law Enforcement, Emergency Response & Search and Rescue), Surveying and Mapping, Utilities (Electricity, Gas, etc.). Military applications include various offensive and defensive applications as well as homeland security solutions.
The commercial drone market segment comprises hardware, software, and services. By way of example, drone hardware includes fixed-wing drones, rotary bland drones, nano-drones, and hybrid drones. Commercial drone market segments assessed include Energy and Propulsion, Automation Systems, Collision Avoidance Systems, Cyber Security, On-board (distributed) Data Processing, and Distributed Communications (communication data links and radio).
The introduction of 5G and expansion of Mobile Edge Computing (MEC) infrastructure is anticipated to be a major catalyst for expanded and richer UAV/Drone use cases. Greater capacity and significantly lower latency afforded by 5G and MEC enable improved control and more sustainable flight as well as a wealth of new applications and services. This will be the case especially in industrial automation environments involving outdoor facilities as well as enterprise asset support services such as monitoring, inspection, and surveilance.
Target Audience:
- UAV manufacturers
- Drone services companies
- Telecommunications companies
- Electronics component providers
- Internet of Things (IoT) companies
- Retail and wholesale service providers
- Venture capitalists, consultants, and related
- Commercial, military, and government organizations
Report Findings:
- Open platforms and APIs is opening up global UAV application development marketplace
- Market for drones in industrial inspection market will exceed $510M by 2025 in the United States
- Emerging opportunities are developing for UAV fleet management and UAV solutions as a service
- Biggest UAV market drivers are enterprise and industrial segments and government smart city solutions
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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1.0 Executive Summary
Methodology
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