Money, Fiance News, Press Release Distribution
Financial News and Press Release Distribution Services

Submit RSS Feed | About US | Contact Us





Home | Personal Finance News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Money News Media
Bankrate
CNBC
CNNMoney
Finacial Times
FOX Business
Moneynews


Money News Now


USNews
Reuters Money
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Personal Finance News Releases

Global Commercial Drone Market Size Will Reach $3,551 Million by 2024

 



(MoneyNewsWire.Net, February 07, 2018 ) Global Commercial Drone Market By Product Type (Fixed wing, Rotary blade, Nano, Hybrid), By Application (Agriculture, Energy, Government, Media & Entertainment, Product Delivery & others), Industry trends, estimation & forecast, 2016 – 2024

Global commercial drone market accounted at $1,002 million in 2016 and is expected to reach a market size of $3,551 Million by 2024, with growing at a CAGR of 17.5% during the forecast period. The government sector was the highest revenue generating market in 2016.

Unmanned aerial vehicles (UAV) are usually known as Drones. UAV’s can be operated by an onboard or ground based control unit. Remote controlling is key features of drones and can be used in variety of applications such as, government, media & entertainment, and security. Traditionally UAV’s were used for specifically military purposes. However, technological advancement and reduction in per unit cost of drone promoted its application in various sector and boosted the global commercial drones market.

Browse details of 112 pages research report developed on Global Commercial Drone Market @ https://www.researchcosmos.com/reports/global-global-commercial-drone-market-trends-estimation-and-forecast-2024/1135658286

Market Dynamics
Versatile nature of UAV and wide range of applications in diverse fields such aerial photography and safety & surveillance are key factors boosting the growth of commercial drones market across the globe. The enhanced quality of captured images & videos is also one of the major factors influencing the growth of global drones market. However, the security breaches by UAV’s and government regulations regarding the drone usage are some of the factors which are expected to restrain the market for further growth. Ascending trend for high-quality video and image resolution capability of commercial drones is supposed to drive the market in future. Evolving services like inspecting power lines and pipelines, counting wildlife, delivering medical supplies to remote or otherwise inaccessible regions will be the future opportunities for the Commercial Drone Market.

Competitive Landscape
The market is identified by its growth stage and presence of new emerging vendors. The market is expected to grow exponentially with booming CAGR. New technological innovations is the key strategy adopted by the market leaders to expand their reach into the market. For instance, SZ DJI Technology Co., Ltd improved its security measure with new software on August 2017.

Market Segmentation
Commercial drones market is segmented on the basis of Type, Application, and Region. By type, global commercial drones market is further segmented on fixed wing drones, Rotary blade drones, Nano drones, and Hybrid drones. Rotary blade drone type is found to be the leading revenue generator, earning revenue of approx. $591 Million in 2016. Applications of the commercial drones are further segmented into Agriculture, Energy Sector, Government sector, Media and Entertainment, and others. The global commercial drones market is divided into North America, Europe, Asia- Pacific, and Rest of the world on the basis of geography. North America is expected to be the leading market in terms of revenue and growing CAGR of 16.8 % during the forecasted period of 2016-2024.

Key Market Players are, SC DJI Innovations Co, Ltd., Yuneec, Parrot SA., Aerovironment Inc.,Ehang, Aeryon Labs, Inc., Airware, Sensefly, 3D Robotics and INSITU.

Avail Sample Market Brochure of the report for more information to evaluate report usefulness, Get a Copy @ https://www.researchcosmos.com/request/1135658286

The market is segmented on the basis of Type, Application, component and Geography.
By Type
• Rotary blade drones
• Fixed wing drones
• Hybrid drones
• Nano drones

By Application
• Energy Sector
• Agriculture
• Media & Entertainment
• Government
• Others

By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of APAC
Rest of World
• Latin America
• Middle East
• Africa

Key Players
• 3D ROBOTICS, INC.
• AEROVIRONMENT, INC.
• AERYON LABS INC.
• AIRWARE
• EHANG
• INSITU INC.
• PARROT SA
• SENSEFLY SA
• YUNEEC INTERNATIONAL CO. LTD.
• SZ DJI TECHNOLOGY CO., LTD.

Got some questions, Inquire @ https://www.researchcosmos.com/inquire/1135658286

About Research Cosmos:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.

Contact Us:
Kevin Stewart
Sales Manager
Research Cosmos
www.researchcosmos.com
kevin@researchcosmos.com
# +1 888 709 8757

Research Cosmos

Kevin

+1 888 709 8757

kevin@researchcosmos.com

Source: EmailWire.Com


Personal Finance News
  • Auto
  • CDs
  • College
  • Credit Cards
  • Insurance
  • Mortgage
  • Mutual Funds
  • Retirement
  • Savings
  • Taxes

  • Money RSS Marketpalce

    Free Finance Magazines Downloads
    Get free publications including magazines, white papers on finance, investments.
    Submit RSS news feed on Finance, Investment.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.



    Money NewsWire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Money-NewsWire.Net ™ - Newswire and Press Release service of GroupWeb Media LLC