Drone Services Market by Service Type (Drone Platform Services, Drone MRO Services, Drone Training & Simulation Services), by Application (Aerial Photography, Product Delivery, Surveillance & Inspection, Data Acquisition & Analytics, Others), by End-use Industry (Agriculture, Infrastructure, Oil & Gas, Logistics, Others), by North America (U.S., Canada) Forecast 2024-2032
The Drone Services Market size was valued at USD 13.9 USD Billion in 2023 and is projected to reach USD 138.65 USD Billion by 2032, exhibiting a CAGR of 38.9 % during the forecast period. A drone is also known as an unmanned aerial vehicle (UAV). Drone services are assistance provided using UAVs across sectors. The industry for drone services is one of the quickly emerging sectors and has managed to grab the attention of several private companies as well as regional governments in the last few years. Unmanned aerial vehicles are described as automated robots built with sensors and showcasing flying functionalities. They can be remotely controlled and navigated as per customer requirements. Initially, drones were designed and manufactured to be used for military and defense applications. However, with time and the emergence of several new technology-oriented firms, drone manufacturing and its application have steadily become more commercial. The versatility of drones has encouraged more players to explore the sector of drones-as-a-service which is projected to help the drone services industry thrive during the forecast period. However, certain limitations and challenges are also associated with UAV services which must be navigated to leverage the overall advantages of drone services.
Service Type
Application
End-use Industry
The comprehensive drone services market report covers:
Key regional markets for drone services include North America, Europe, Asia-Pacific, South America, and MEA. Asia-Pacific is expected to dominate the market with rising demand from emerging economies.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 38.9% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 38.9% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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