About Drone Services
Drone service is also known as unmanned aerial vehicle service. Drone service provides services such as agriculture, construction, search and rescue, package delivery, industrial inspection, insurance and videography with the help of flying robots that can be remote-controlled or flown autonomously using software-controlled flight plans in their embedded systems. The requirements for operating drones involves licensed pilots, expertise in geography, model design and capability, the environment, wireless networking and technology, mobile apps and platforms. While providing drone service providers will need to focus on the accuracy of data processing and analysis as well as issues related to managing enormous data sets and data governance.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Drone Services market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aerobo (United States), Airware (United States), Cyberhawk (United Kingdom), Deveron UAS (Canada), DroneDeploy (United States), Identified Technologies (United States), Measure (United States), Phoenix Drone Services (United States), Prioria Robotics (United States) and SenseFly (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sharper Shape (United States) and Sky-Futures (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Drone Services market by Type (Rotary Wing Drone, Hybrid Drone, Fixed Wing Drone and Multirotor Drone), Application (Aerial Photography and Remote Sensing, Mapping and Surveying, 3D Modeling, Data Acquisition and Analytics, Inspection and Environmental Monitoring, Product Delivery, Logistics, Disaster Risk Management & Mitigation, Mining and Other) and Region.
On the basis of geography, the market of Drone Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Solutions, the sub-segment i.e. Point Solutions will boost the Drone Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Durations, the sub-segment i.e. Long Duration Service will boost the Drone Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Law Enforcement will boost the Drone Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Aerial Photography Applications
Market Growth Drivers:
Increasing Demand from Infrastructure and Construction Sectors, Increasing Demand Due To Time-Efficiency and Increasing Applications and Technological Advancements in Drones
Challenges:
Lack of Skilled and Trained Operators and Safety Concerns during Drone Operations
Restraints:
Stringent Requirements for Operating Drones
Opportunities:
Growing Ecommerce Industry Worldwide and Increasing Demand from Developing Countries
The Federal Aviation Administration has been working with industry providers to craft drone-specific mandates that are flexible enough to spur innovation while maintaining public safety and privacy.
Key Target Audience
Drone Service Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.