What is Drone Services Market?
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.
The market study is being classified by Type (Rotary Wing Drone, Hybrid Drone, Fixed Wing Drone and Multirotor Drone), by 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 major geographies with country level break-up.
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 profiled in the study. Additionally, the Vendors which are also part of the research are Sharper Shape (United States) and Sky-Futures (United Kingdom).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Drone Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Drone Services market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand from Infrastructure and Construction Sectors
- Increasing Demand Due To Time-Efficiency and Increasing Applications
- Technological Advancements in Drones
Market Trend
- Increasing Aerial Photography Applications
Restraints
- Stringent Requirements for Operating Drones
Opportunities
- Growing Ecommerce Industry Worldwide
- Increasing Demand from Developing Countries
Challenges
- Lack of Skilled and Trained Operators
- Safety Concerns during Drone Operations
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