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Drone Service Market Business Scenario Analysis By Global Industry Trend, Share, Sales Revenue, Growth Rate and Opportunity Assessment till 2030
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The global drone service market size was USD 9.60 Billion in 2021 and is expected to register a revenue CAGR of 46.8%, during the forecast period. Drones manufacturers are producing customized drones for various purposes such as warehouse management, capturing, aerial imagery analyzation, logistics, oil & gas, and others. Furthermore, high-quality data is required by companies in agricultural, construction, mining, and other sectors, hence satellites and helicopters were the only sources to rely on to collect photogrammetric and geospatial data to continue business operations. Drones contain high technology image processing software and Global Positioning System (GPS) system, which helps to capture detailed information and high-quality image at a very low height.
It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Drone Service through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key Players Profiled in the Report are:
Aerodyne Group, AgEagle Aerial Systems Inc., CYBERHAWK, Matternet, Phoenix Drone Services LLC, Terra Drone Corporation, SenseFly, DroneDeploy, Precision Hawk, Sky Futures, Unmanned Experts Inc., and Agribotix LLC.
Emergen Research has segmented the global drone service based on type, duration, application, end-use, and region:
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Type Outlook (Revenue, USD Billion; 2019–2030)
- Platform Service
- Training and Education
- Maintenance Repair Overhaul
- Others
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Duration Outlook (Revenue, USD Billion; 2019–2030)
- Short Duration Service
- Long Duration Service
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Application Outlook (Revenue, USD Billion; 2019–2030)
- Remote Sensing and Monitoring
- Aerial Photography and Filming
- Mapping & Surveying
- Spraying & Seeding
- Transport & Delivery
- Security, Search, and Rescue
- Medical Aids
- Others
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End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Defense and Homeland Security
- Agriculture
- Building, Construction, and Infrastructure
- Media and Entertainment
- Healthcare
- Transport, Logistics, and Warehousing
- Others
Regional Analysis of the Drone Service Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Drone Service market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Drone Service business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Drone Service market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Drone Service market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Thank you for reading our report. Please connect with us to know more about the report or for requesting the customization of the report. Our team will ensure the report is best suited to your requirements.
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