DUBLIN--(BUSINESS WIRE)--The "Commercial Drones Market: Global Industry Analysis, Trends, Market Size & Forecasts to 2023" report has been added to Research and Markets' offering.
The global commercial drones market size was USD 2.145 billion in 2015. The report predicts the global commercial drones market to grow with a CAGR between 16% and 17% from 2017 to 2023.
The study on commercial drones market covers the analysis of regions such as North America, Europe, Asia Pacific, and Rest of the World. Among the geographies,North America dominated the world market with the highest market share. Europe is anticipated to become the fastest growing market in terms of CAGR over the forecast period.
The report on global commercial drones market is a comprehensive study of demand, market size, forecasts, trends and factors affecting the global commercial drones market. Moreover, the report is collective presentation of primary and secondary research findings.
Report Findings
1) Drivers
- Precision agriculture applications
- Growing utilization of drones by governments
- Increase in demand for drones for law enforcement
- Increase in applications in media and movie industries
- Rotary blade drones
2) Restraints
- Absence of regulatory frameworks in many countries
- Apprehensions about misuse of drones for illegal activities
- Shortage of certified drone operators for commercial operations
3) Opportunities
- Technological advancements provide scope for new applications
- Export to regions with nascent drones market
Companies Mentioned
- Aerovironment Inc
- Aurora Flight Sciences
- BAE Systems Plc
- DJI Innovations
- Draganfly
- Elbit Systems Ltd
- Israel Aerospace Industries
- Lockheed Martin Corporation
- Northrop Grumman
- Parrot SA
- 3D Robotics Inc
- Textron Inc
- The Boeing Company
Key Topics Covered:
1. Preface
2. Executive Summary
3. Global Commercial Drones Market Overview
4. Global Commercial drones Market: Snapshots
5. Global Commercial Drones Market by Application (USD Million, KT) 2017-2023
6. Global Commercial Drones Market by Drone Type (USD Million, KT) 2017-2023
7. Global Commercial Drones Market Analysis, by Region (USD Million, KT) 2017-2023
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/npzr78/commercial_drones