Drones – Thematic Research
All the vital news, analysis, and commentary curated by our industry experts.
Drone Market Overview
Unmanned aerial vehicles (UAVs), commonly known as drones have moved beyond military applications and have become more widely used by both consumers and enterprises. This has been supported by advances in technology, such as artificial intelligence (AI). Drones are already proving beneficial for surveying, inspection, and crop spraying. Additionally, the use of drones in construction, agriculture and logistics is expected to witness strong growth in the next five years.
The drones thematic intelligence report gives an overview of the drones value chain, case studies of deployments, market size, growth forecasts, and the specialist drones software and services vendors in the market.
Drones – Key Trends
The key trends shaping the drones theme can be classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
Technology Trends: The report focuses on key technology trends impacting the drones industry, which include hydrogen fuel cell technology, drone swarms, AI, deployment of 5G network and miniaturization, Additionally, the need for autonomous UTM systems and Drone as a service (DaaS) as well as advanced technologies such as edge computing and Counter or anti-drone systems will also influence the drone market.
Macroeconomic Trends: The report focuses on key macroeconomic trends impacting the drones industry, which include effects of the COVID-19 pandemic, the Ukraine- Russia conflict, growing demand from China and the ability to operate beyond visual line of sight (BVLOS).
Regulatory Trends: The key regulatory trends impacting the drones theme are US FAA regulations, Europe’s U-space program, the EU’s Drone Strategy 2.0, the regulations introduced by the Indian government and Canada’s Drone Strategy to 2025 among others.
For more insights on trends impacting the drones market, download a free report sample
Drones – Industry Analysis
GlobalData estimates the global drones market value at $13.7 billion in 2021. The strongest growth is expected to come from commercial drones, followed by consumer drones and military drones.
The drones thematic research report also covers:
- Mergers and acquisitions
- Patent trends
- Company filings trends
- Hiring trends
- Use cases
For more industry analysis on drones market, download a free report sample
Drones - Value Chain Analysis
GlobalData’s drones value chain comprises of four layers: hardware, software, services, and end-user.
Drones Value Chain
For more insights on the drones value chain, download a free report sample
Drones Sector Scorecard
GlobalData uses a scorecard approach to predict tomorrow’s leading companies within each sector. The sector scorecards help to determine which companies are best positioned for a future filled with disruptive threats. Each sector scorecard has three screens:
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
Consumer Electronics Sector Scorecard – Thematic Screen
For more insights on the drones score card, download a free report sample
Leading Companies in the Drones Market
Some of the leading companies making their mark within the drones theme:
- BAE Systems
- Israel Aerospace Industries (IAI)
To know more about leading companies in the drones theme, download a free report sample
Drones Industry Overview
|Market Value (2021)||$13.7 billion|
|Key Trends||Technology, Macroeconomic, and Regulatory Trends|
|Value Chain||Hardware, Software, Services, and End-User|
|Leading Companies||AeroVironment, AgEagle, Alphabet, Amazon, BAE Systems, Baykar and Israel Aerospace Industries (IAI)|
- This report provides an overview of the drones theme.
- It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
- It includes global market forecasts for the drones industry and analysis of patents, company filings, and hiring trends.
- It contains details of M&A deals driven by the drones theme, and a timeline highlighting milestones in the development of drones.
- The detailed value chain consists of four layers: hardware, software, services, and end-user.
Reasons to Buy
The speed of the transition of drones from war zones to retail stores has been phenomenal, especially given the negative associations and misconceptions surrounding them. The ability to collate sensor-generated data with powerful analytical tools presents a wide range of potential commercial and industrial applications, from optimizing work processes to reducing expenditure on tedious manual tasks. At the consumer level, drones are becoming capable of self-navigation and obstacle detection, and drone racing is gaining prominence worldwide. This report provides an invaluable guide to this disruptive theme. It includes comprehensive lists of the leading players across all aspects of the value chain, helping companies identify the right partners.
Dà-Jiāng Innovations (DJI)
Israel Aerospace Industries (IAI)
Korea Aerospace Industries
Nova Sky Stories
Turkish Aerospace Industries
Table of Contents
Thematic Research Methodology
Frequently asked questions
What was the drones market value in 2021?
The global drones market was valued at more than $13.7 billion in 2021.
What are the key technology trends shaping the drones market?
The key technology trends impacting the drones industry are hydrogen fuel cell technology, drone swarms, AI, deployment of 5G network, miniaturization, autonomous UTM systems and Drone as a service (DaaS) as well as advanced technologies such as edge computing and Counter or anti-drone systems will also influence the drone market.
What are the key macroeconomic trends shaping the drones theme?
The key macroeconomic trends impacting the drones industry are effects of the COVID-19 pandemic, the Ukraine- Russia conflict, growing demand from China and the ability to operate beyond visual line of sight (BVLOS).
What are the key regulatory trends shaping the drones market?
The key regulatory trends impacting the drones theme are US FAA regulations, Europe’s U-space program, the EU’s Drone Strategy 2.0, the regulations introduced by the Indian government and Canada’s Drone Strategy to 2025 among others.
What are the components of the drones value chain?
The drones value chain is split into four layers: hardware, software, services, and end-user.
Which are the leading companies in the drones market?
Some of the leading companies in the drones market are AeroVironment, AgEagle, Alphabet, Amazon, BAE Systems, Baykar and Israel Aerospace Industries (IAI).
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