The global commercial drone market size was valued at USD 8.77 billion in 2022. The market is projected to grow from USD 10.98 billion in 2023 to USD 54.81 billion by 2030, exhibiting a CAGR of 25.82% during the forecast period. A drone, also known as an unmanned aerial vehicle, is a flying device, equipped with a camera and sensor. Different industries are investing in drone technology and trying to increase their awareness regarding the advantages of using drones in commercial applications.
Moreover, many firms are investing in startups to address the need for drone portfolios such as air taxis, surveying, logistics, monitoring, surveillance, and mapping. These factors are aiding market augmentation. This information is provided by Fortune Business Insights, in its report titled, “Commercial Drone Market, 2023-2030.”
Informational Source:
https://www.fortunebusinessinsights.com/commercial-drone-market-102171
Report Coverage:
The report provides valuable insights into drivers, restraints, opportunities, and threats influencing market dynamics and valuation. The market is studied exhaustively by dividing it into segments and regions. Market share and valuation of each segment and region is also given in the report. Moreover, recent developments undertaken by key companies are also documented in the report.
List of Key Players Mentioned in the Report: