DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Drones for Commercial Applications - Small Unmanned Aircraft Systems for Filming & Entertainment, Mapping, Aerial Assessments, Prospecting, Data Collection, Disaster Relief and Delivery: Global Market Analysis and Forecasts" report to their offering.
According to this new report, this interest in utilizing drones for commercial applications will drive commercial-grade UAV shipments from 80,000 in 2015 to more than 2.6 million units annually by 2025. The market intelligence firm forecasts that annual revenue from commercial drone hardware sales will reach nearly $4 billion within the same timeframe. However, the more significant revenue opportunity will be in commercial drone-enabled services, which forecasts will grow to $8.7 billion annually by 2025.
The utilization of unmanned aerial vehicles (UAVs), also known as unmanned aircraft systems (UASs) or drones, for commercial applications has a great deal of potential to be explored and exploited. Companies, universities, and government agencies are all actively assessing the opportunity for drones to disrupt some industries and creative innovative business models in others.
The two primary application categories in the commercial drone sector are aerial imaging and data analysis, says managing director Clint Wheelock. Key industries that will drive the adoption of commercial drones include film, media, agriculture, and oil & gas. Meanwhile, the strong growth in the drone-enabled services market will be driven by applications such as filming & entertainment, mapping, aerial assessments, prospecting, and disaster relief.
Wheelock adds that, despite the significant interest in utilizing small unmanned aircraft systems as cost-effective tools for aerial photography and data analysis, the industry continues to face significant challenges that will need to be addressed in order for the sector to truly take off. Key factors include regulatory policy, public perception, safety, and privacy. In particular, regulatory bodies currently lag behind technological advances and market demand is already exerting significant pressure on government agencies to enact policy reform.
The report, Drones for Commercial Applications, examines the market trends and technology issues surrounding the commercial drone industry and presents a comprehensive analysis of the drivers and inhibitors of market development, the regulatory landscape, business models, and supply chain considerations. The report includes a 10-year forecast for drone hardware unit shipments and revenue, segmented by industry, airframe type, and world region, in addition to drone-enabled services by application area.
Key Questions Addressed:
- What is the current state of the commercial drone industry and how will it develop over the next decade?
- What are the key industries and the key applications for commercial drones?
- What are the key drivers of market growth, and the key challenges faced by the industry?
- Who are the key players in the commercial drone industry, what is their competitive positioning, and which ones are best positioned for success in the years ahead?
- What is the size of the commercial drone industry?
- What are the future pricing trends for commercial drone airframe types?
Key Topics Covered:
1. Executive Summary
1.2. Market Trends
1.3. Market Forecast
2. Market Issues
2.1. Scope of Report
2.2. Market Drivers
2.3. Market Barriers
2.4. Regulatory Issues
2.5. Key Industries
2.6. Key Applications
2.7. Regional Trends
3. Technology Issues
3.4. Security for Technology in Commercial Drones
3.8. Operation Considerations
4. Key Industry Players
4.1. 3D Robotics
4.5. Amazon Prime Air
4.6. Cyberhawk Innovations Ltd.
4.7. CyPhy Works
4.8. Drone Aviation Corp
4.11. Kespry Inc.
4.13. Parrot senseFly
4.14. Prioria Robotics
4.15. Sharper Shape
4.18. SZ DJI Technology Co.
4.19. Torquing Group Ltd./ZANO
4.20. XAIRCRAFT Technology Co., Ltd.
4.21. UAV Factory
5. Market Forecasts
5.2. Forecast Methodology and Assumptions
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
For more information visit http://www.researchandmarkets.com/research/rq5gl4/drones_for