Drone Service Market

Drone Service Market Application (Aerial Photography, Data Acquisition and Analytics), Industry (Infrastructure, Media & Entertainment, Agriculture), Type (Drone Platform Service, Drone MRO, Drone Training, Solution, and Region - Global Forecast to 2025

Report Code: AS 4841 Apr, 2019, by marketsandmarkets.com

[174 Pages Report] The drone services market is estimated at USD 4.4 billion in 2019 and is projected to reach USD 63.6 billion by 2025, at a CAGR of 55.9% from 2019 to 2025. The factors expected to fuel the growth of the drone services market include the increasing use of drone services for industry-specific solutions, improvised regulatory framework, and increased requirement for qualitative datain various industries.

Drone Services Market

By solution, the enterprise segment is expected to grow at the highest CAGR during the forecast period.

Based on solution, the enterprise segment of the drone services market is expected to grow at the highest CAGR during the forecast period. Enterprise solutions provides end-to-end services to all industries. Increasing demand for analytical services and software solutions in the drone services market is driving the enterprise solution segment.

Aerial photography and remote sensing segment expected to grow at the highest CAGR in the drone services market during the forecast period.

Based on application, the drone services market has been segmented into aerial photography and remote sensing, data acquisition and analytics, mapping & surveying, 3D modeling and others. The aerial photography and remote sensing application segment is expected to grow at the highest CAGR during the forecast period. There has been an increase in the demand for aerial photography from the infrastructure, architecture, civil engineering, and oil & gas industries around the world.

Drone Services Market

The Asia Pacific region is expected to lead the drone services market from 2019 to 2025.

The Asia Pacific drone services market is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing number of drone services being used by prominent industries such as agriculture, mining, and oil & gas in the region.

Key Market Players

Major players in the drone services market include Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Sharper Shape (US), Sky-Futures (UK), Terra Drone (Japan), The Sky Guys (Canada), and Unmanned Experts (US), among others.

Recent Developments

  • in January 2019, Terra Drone Corporation entered into a joint venture with Plimsoll UAV Brazil, with the aim of expanding its oil & gas industry customer base in Brazil. This joint venture increased the global footprint of the company.
  • in May 2018, Sky-Futures Ltd. partnered with NATS, UK to provide commercial drone pilot training. In January 2018, the company signed a partnership with Bureau Veritas to provide industrial inspection services through drones in Europe.
  • In February 2018, Identified Technologies added new features in its drone mapping service software such as haul road analysis and slope maps to enhance the drone services provided to industries such as mining and infrastructure.

Key Questions addressed by the report

  • What are your views on the growth perspective of the drone services market? What are the key dynamics and trends that govern the market, such as drivers and opportunities?
  • What are the key sustainability strategies adopted by leading players operating in the drone services market?
  • What are the new emerging technologies and use cases disrupting the drone services industry?
  • Which are the key applications where drone services play a significant role?
  • What are the key trends and opportunities in the drone services market across different regions and respective countries?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing in the client ecosystem and impacting their revenue shares?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Market Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
           2.1.3 Market Definition & Scope
           2.1.4 Exclusion
           2.1.5 Research Approach & Methodology
           2.1.6 Bottom-Up Approach
                    2.1.6.1 Drone Platform Services Market Approach
                    2.1.6.2 Drone Mro Services Market Approach
                    2.1.6.3 Drone Training & Education Services Market Approach
           2.1.7 Top-Down Approach
    2.2 Triangulation & Validation
           2.2.1 Triangulation Through Secondary
           2.2.2 Triangulation Through Primaries
    2.3 Research Assumptions
           2.3.1 Market Sizing and Market Forecasting From 2017 to 2025
           2.3.2 Risk Analysis
    2.4 Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in the Drone Services Market From 2019 to 2025
    4.2 Drone Services Market, By Application
    4.3 Drone Services Market, By Type
    4.4 Drone Services Market, By Country

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand Due to Time-Efficiency and Increasing Applications
                    5.2.1.2 Development of Industry-Specific Solutions
                    5.2.1.3 Improved Regulatory Framework
                    5.2.1.4 Increasing Requirement for High-Quality Data
                    5.2.1.5 Technological Advancements in Drones
                    5.2.1.6 Increased Worker Safety
           5.2.2 Restraints
                    5.2.2.1 Lack of Skilled and Trained Operators
                    5.2.2.2 Safety Concerns During Drone Operations
                    5.2.2.3 Limited Drone Operation Bandwidth
           5.2.3 Opportunities
                    5.2.3.1 Faa Exemptions
           5.2.4 Challenges
                    5.2.4.1 Privacy Issues With Drone Operations
                    5.2.4.2 Lack of Risk Management Framework

6 Industry Trends (Page No. - 44)
    6.1 Introduction
    6.2 Technology Trends
           6.2.1 Artificial Intelligence in Drones
           6.2.2 Cloud Computing-Based Services
           6.2.3 Development of Enterprise Drone Analytics Tools
           6.2.4 Drone Payloads
           6.2.5 IoT Drones
           6.2.6 Thinking Drones
           6.2.7 Drone Insurance
    6.3 Country-Wise Drone Regulations
           6.3.1 Guidelines By the Federal Aviation Administration for Drone Operations
           6.3.2 Guidelines By the Civil Aviation Authority (UK) for Drone Operations
           6.3.3 Guidelines for the Operation of Drones in the Rest of the World
           6.3.4 Drone Regulations By Country
    6.4 Drone Service Charges By Application
    6.5 Industry Use Cases
           6.5.1 Video and Filmmaking
           6.5.2 Inspection of Inaccessible Project Sites
           6.5.3 Continuous Data Sharing for Development of Digital Twin Technology
           6.5.4 Identification of Anomalous Events Through Predictive Maintenance
           6.5.5 High Accuracy Data for Detection of Changes in Volumetrics
           6.5.6 Classification and Identification of Objects of Insurance Industry
           6.5.7 Improvised Payload Capabilities for Mapping & Surveying Industry
           6.5.8 Aviation Mro Assistance By External Inspection of Aircraft
           6.5.9 Urbanization, Crowd Control, and Traffic Assistance Through Real-Time Data Exchange
           6.5.10 Disease Control and Prevention
    6.6 Patent Analysis

7 Drone Services Market, By Industry (Page No. - 63)
    7.1 Introduction
    7.2 Infrastructure
           7.2.1 Drone Services are Used for Monitoring Projects & Sites, Data Analytics, and 3D Mapping Services in Infrastructure Industry
    7.3 Agriculture
           7.3.1 Drone Services are in Demand for Crop Monitoring, Inspection, and Pesticide Spraying Applications
    7.4 Logistics
           7.4.1 Requirement for On-Demand Deliveries Through Drones is Propelling the Demand in the Logistics Industry
    7.5 Media & Entertainment
           7.5.1 Live Streaming of Aerial Photography and Videography for News Broadcasting is Made Easy Through Drones
    7.6 Oil & Gas
           7.6.1 Drone Services Enable Safe and Efficient Maintenance and Inspection of Facilities in the Oil & Gas Industry
    7.7 Utility & Power
           7.7.1 Drones Enable Safe and Cost-Effective Maintenance and Inspection of High-Voltage Transmission and Distribution Lines
    7.8 Security, Search & Rescue
           7.8.1 Drones Help in Providing Aid to People in Disaster-Prone Areas
    7.9 Mining
           7.9.1 Drones Help in Data Collection of Pit Management, Storm Data Assessment, Drill & Blast Monitoring, 3D Mapping, Environmental Management, and Stockpile Management
    7.10 Scientific Research
           7.10.1 Specialized Micro Drones Equipped With High-Resolution Cameras are Being Used to Map and Monitor Sites for Scientific Research
    7.11 Insurance
           7.11.1 Drones Help Insurance Companies in Property Review, Damage Inspection, and Insurance Claim Investigations
    7.12 Others
           7.12.1 Healthcare and Weather Forecasting Institutes are Opting for Drone Services to Improve Their Operations

8 Drone Services Market, By Application (Page No. - 76)
    8.1 Introduction
    8.2 Aerial Photography & Remote Sensing
           8.2.1 Major Demand for Quality Data
    8.3 Data Acquisition & Analytics
           8.3.1 Investments in Aerial Data Acquisition
    8.4 Mapping & Surveying
           8.4.1 Reduction in Time Spent on Collection of Precise Data
    8.5 3D Modeling
           8.5.1 Increasing Demand for 3D Modeling From Construction, Agriculture, Real Estate, and Surveying Sectors
    8.6 Disaster Risk Management & Mitigation
           8.6.1 Market Driven By Supply Delivery, Structural Assessment, Wildfire Detection & Extinguishing, and Search & Rescue Operations
    8.7 Inspection & Environmental Monitoring
           8.7.1 Increasing Demand for High-Resolution Images From Researchers and Scientists
    8.8 Others
           8.8.1 Monitoring Air Quality in Areas Near Steel Plants, Refineries, and Power Plants

9 Drone Services Market, By Duration of Service (Page No. - 85)
    9.1 Introduction
    9.2 Short Duration Services
           9.2.1 Live Real-Time Situation Footage for News Broadcasting Channels, Security Professionals, Police Forces, and Civil Security
    9.3 Long Duration Services
           9.3.1 Minimize Operation Time and Cost as Compared to Conventional Manned Services

10 Drone Services Market, By Type (Page No. - 89)
     10.1 Introduction
     10.2 Drone Platform Services
             10.2.1 Market Driven By Industries, Such as Construction and Agriculture, Due to Demand for High-Quality Data and Analytics
     10.3 Drone Mro Services
             10.3.1 Increasing Wear & Tear of Drones and Accidents By New Operators
     10.4 Drone Training & Education Services
             10.4.1 Increasing Awareness and Job Opportunities

11 Drone Services Market, By Solution (Page No. - 93)
     11.1 Introduction
     11.2 Enterprise
             11.2.1 Rise in Demand for End-To-End Solutions
     11.3 Point
             11.3.1 Demand for Customized Services for Industry-Specific Applications

12 Regional Analysis (Page No. - 96)
     12.1 Introduction
     12.2 North America
             12.2.1 US
                        12.2.1.1 Maximum Remote Pilot Registrations in the Us
             12.2.2 Canada
                        12.2.2.1 Transport Canada Plans to Have Industry-Friendly Rules for the Regulation of Drones
     12.3 Europe
             12.3.1 UK
                        12.3.1.1 Commercial Drone Operation Requires Permission From the Civil Aviation Authority (CAA)
             12.3.2 France
                        12.3.2.1 Drone Pilots Must Maintain Line of Sight With Drones at All Times
             12.3.3 Germany
                        12.3.3.1 Insurance is Required for All Drone Operations in Germany
             12.3.4 Italy
                        12.3.4.1 Italian Civil Aviation Authority (ENAC) has Updated Regulations for Drones Used in Civilian and Commercial Applications
             12.3.5 Switzerland
                        12.3.5.1 Drone Industry Rapidly Growing in Various Applications
             12.3.6 Sweden
                        12.3.6.1 Swedish Transport Agency (Transportstyrelsen) Issues Permits for the Use of Drones
             12.3.7 Rest of Europe
                        12.3.7.1 Country-Specific Rules for the Operation of Drones and Related Safety Issues
     12.4 Asia Pacific
             12.4.1 China
                        12.4.1.1 CAAC Mandates Licensing for Commercial Operation of Drones
             12.4.2 Japan
                        12.4.2.1 Japanese Ministry of Land Infrastructure, Transport and Tourism Mandates Approval for the Use of Drones at Least 10 Business Days Prior to the Proposed Operation
             12.4.3 India
                        12.4.3.1 According to India's National Aviation Authority, the Ministry of Civil Aviation, Flying A Drone is Legal in India
             12.4.4 Singapore
                        12.4.4.1 Singapore Drone Pilots are Required to Obtain A Permit to Fly Drones in Restricted Airspace
             12.4.5 Australia
                        12.4.5.1 Notification of Drone Services to Casa is Required Five Days in Advance of First Commercial Takeoff
             12.4.6 Rest of Asia Pacific
                        12.4.6.1 Industrialization and Demand for Cost-Effective Inspection and Monitoring Services Drive Demand for Drones
     12.5 Middle East
             12.5.1 Turkey
                        12.5.1.1 Approval is Required Prior to All Commercial Drone Flights
             12.5.2 Israel
                        12.5.2.1 Commercial Drone Operations in Israel Require A License
             12.5.3 UAE
                        12.5.3.1 Users and Drones Must Be Registered With the Gcaa Before Flying
             12.5.4 Rest of Middle East
                        12.5.4.1 Rapid Development of Infrastructure and Security Concerns Drive Demand for Drones
     12.6 Rest of the World (Brazil)
             12.6.1 Autonomous Operation of Drones Where the Remote Pilot Cannot Intervene is Prohibited

13 Competitive Landscape (Page No. - 129)
     13.1 Overview
     13.2 Company Ranking Analysis: 2018
     13.3 OEM Competitive Leadership Mapping
             13.3.1 Visionary Leaders
             13.3.2 Innovators
             13.3.3 Dynamic Differentiators
             13.3.4 Emerging Companies
     13.4 Start-Up Competitive Leadership Mapping
             13.4.1 Progressive Companies
             13.4.2 Responsive Companies
             13.4.3 Dynamic Companies
             13.4.4 Starting Blocks
     13.5 Competitive Scenario
             13.5.1 New Service Launches
             13.5.2 Contracts, Partnerships, and Agreements

14 Company Profiles (Page No. - 136)
     14.1 Introduction
(Business Overview, Services Offered, Recent Developments, and MnM View)*
     14.2 Edall Systems
     14.3 Precision Hawk
     14.4 Martek Aviation
     14.5 Aerobo
     14.6 Cyberhawk Innovations
     14.7 Measure
     14.8 Sky-Futures
     14.9 Sensefly
     14.10 Sharper Shape
     14.11 Dronedeploy
     14.12 Phoenix Drone Services
     14.13 Airware
     14.14 Unmanned Experts
     14.15 Prioria Robotics
     14.16 Identified Technologies
     14.17 Terra Drone
     14.18 The Sky Guys
     14.19 Deveron Uas

*Details on Business Overview, Services Offered, Recent Developments, and MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 168)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.3 Available Customization
     15.4 Related Reports
     15.5 Author Details


List of Tables (77 Tables)

Table 1 Industries Exempted By Faa (2015)
Table 2 Companies Developing Drone Software Equipped With Artificial Intelligence
Table 3 Companies Working Towards Developing Drones Equipped With Artificial Intelligence
Table 4 Insurance Coverage Offered
Table 5 Drone Insurance Providers
Table 6 Drone Regulations and Approvals for Commercial Sector, By Country
Table 7 Rules and Guidelines By the Federal Aviation Administration (Faa) for the Operation of Drones in the Us
Table 8 Rules and Guidelines By the Civil Aviation Authority (UK) for the Operation of Drones
Table 9 Rules and Guidelines for the Operation of Drones in Countries Other Than the US and Uk
Table 10 Drone Regulations, By Country
Table 11 Drone Service Charges, By Application
Table 12 Patents Related to Drones Granted Between 2011 and 2016
Table 13 Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 14 Drone Services Market Size in Infrastructure Segment, By Region, 2017–2025 (USD Million)
Table 15 Drone Services Market Size in Agriculture Segment, By Region, 2017–2025 (USD Million)
Table 16 Drone Services Market Size in Logistics Segment, By Region, 2017–2025 (USD Million)
Table 17 Drone Services Market Size in Media & Entertainment Segment, By Region, 2017–2025 (USD Million)
Table 18 Drone Services Market Size in Oil & Gas Segment, By Region, 2017–2025 (USD Million)
Table 19 Drone Services Market Size in Utility & Power Segment, By Region, 2017–2025 (USD Million)
Table 20 Drone Services Market Size in Security, Search & Rescue Segment, By Region, 2017–2025 (USD Million)
Table 21 Drone Services Market Size in Mining Segment, By Region, 2017–2025 (USD Million)
Table 22 Drone Services Market Size in Scientific Research Segment, By Region, 2017–2025 (USD Million)
Table 23 Drone Services Market Size in Insurance Segment, By Region, 2017–2025 (USD Million)
Table 24 Drone Services Market Size in Others Segment, By Region, 2017–2025 (USD Million)
Table 25 Drone Services Market Size, By Application, 2017–2025 (USD Million)
Table 26 Drone Services Market Size in Aerial Photography & Remote Sensing By Region, 2017–2025 (USD Million)
Table 27 Drone Services Market Size in Data Acquisition & Analytics, By Region, 2017–2025 (USD Million)
Table 28 Drone Services Market Size in Mapping & Surveying, By Region, 2017–2025 (USD Million)
Table 29 Drone Services Market Size in 3D Modeling, By Region, 2017–2025 (USD Million)
Table 30 Drone Services Market Size in Disaster Risk Management & Mitigation, By Region, 2017–2025 (USD Million)
Table 31 Drone Services Market Size in Inspection & Environmental Monitoring, By Region, 2017–2025 (USD Million)
Table 32 Drone Services Market Size in Other Applications, By Region, 2017–2025 (USD Million)
Table 33 Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 34 Short Duration Drone Services Market Size, By Region, 2017–2025 (USD Million)
Table 35 Long Duration Drone Services Market Size, By Region, 2017–2025 (USD Million)
Table 36 Drone Services Market Size, By Type, 2017–2025 (USD Million)
Table 37 Drone Services Market Size, By Solution, 2017–2025 (USD Million)
Table 38 Drone Services Market Size, By Region, 2017–2025 (USD Million)
Table 39 North America: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 40 North America: Drone Services Market Size, By Application, 2017–2025 (USD Million)
Table 41 North America: Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 42 North America: Drone Services Market Size, By Country, 2017–2025 (USD Million)
Table 43 US: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 44 Canada: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 45 Europe: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 46 Europe: Drone Services Market Size, By Application, 2017–2025 (USD Million)
Table 47 Europe: Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 48 Europe: Drone Services Market Size, By Country, 2017–2025 (USD Million)
Table 49 UK: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 50 France: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 51 Germany: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 52 Italy: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 53 Switzerland: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 54 Sweden: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 55 Rest of Europe: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 56 Asia Pacific: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 57 Asia Pacific: Drone Services Market Size, By Application, 2017–2025 (USD Million)
Table 58 Asia Pacific: Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 59 Asia Pacific: Drone Services Market Size, By Country, 2017–2025 (USD Million)
Table 60 China: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 61 Japan: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 62 India: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 63 Singapore: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 64 Australia: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 65 Rest of Asia Pacific: Drone Services Market Size, By Industry, 2017–2025(USD Million)
Table 66 Middle East: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 67 Middle East: Drone Services Market Size, By Class, 2017–2025 (USD Million)
Table 68 Middle East: Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 69 Turkey: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 70 Israel: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 71 UAE: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 72 Rest of Middle East: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 73 RoW: Drone Services Market Size, By Industry, 2017–2025 (USD Million)
Table 74 RoW: Drone Services Market Size, By Application, 2017–2025 (USD Million)
Table 75 RoW: Drone Services Market Size, By Duration of Service, 2017–2025 (USD Million)
Table 76 New Service Launches, 2016-2018
Table 77 Contracts, Partnerships, and Agreements, 2016-2018


List of Figures (33 Figures)

Figure 1 Drone Services Market: Markets Covered
Figure 2 Report Process Flow
Figure 3 Drone Services Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Drone Services Market: Data Triangulation
Figure 7 Assumptions for the Research Study on the Drone Services Market
Figure 8 Drone Platform Service Segment Estimated to Account for Largest Share in Drone Services Market in 2019
Figure 9 Aerial Photography and Remote Sensing Segment Projected to Grow at Highest CAGR During Forecast Period
Figure 10 Point Segment Estimated to Account for Larger Share in 2019
Figure 11 North America Estimated to Account for Largest Share of Drone Services Market in 2019
Figure 12 Increasing Demand for Drone Services Due to Easy and Affordable Access Fueling the Growth of Drone Services Market Across the Globe
Figure 13 Drone Services Market, By Application, 2019 & 2025
Figure 14 Drone Services Market, By Type, 2025
Figure 15 China Drone Services Market Projected to Grow at the Highest CAGR From 2019 to 2025
Figure 16 Dynamics of the Drone Services Market
Figure 17 Present and Potential Commercial Applications of Drones
Figure 18 Commercial Applications of Drones
Figure 19 Emerging Technological Trends in IoT Drones
Figure 20 Insurance Coverage of Drones
Figure 21 Media & Entertainment Segment to Grow at the Highest CAGR Among All Industries From 2019 to 2025
Figure 22 Aerial Photography & Remote Sensing Segment to Grow at Highest CAGR Among All Applications During Forecast Period
Figure 23 The Long Duration Services Segment Projected to Grow at A Higher CAGR as Compared to the Short Duration Services Segment During the Forecast Period
Figure 24 Drone Platform Services Segment to Lead Drone Services Market From 2019 to 2025
Figure 25 Enterprise Segment of the Drone Services Market is Projected to Grow at the Higher CAGR as Compared to the Point Segment From 2019 to 2025
Figure 26 Asia Pacific to Have the Highest Growth Potential During the Next Five Years
Figure 27 Canada to Have the Highest Growth Potential During the Next Five Years
Figure 28 UK to Have High Growth Potential During the Next Five Years
Figure 29 China to Have Highest Growth Potential During the Next Five Years
Figure 30 UAE has Highest Growth Potential During the Next Five Years
Figure 31 Key Developments By Leading Players in the Drone Services Market Between 2016 and 2018
Figure 32 Drone Services Market OEM Competitive Leadership Mapping, 2019
Figure 33 Drone Services Market Start-Up Competitive Leadership Mapping, 2019

The study involved four major activities to estimate the current market size for drone services. Exhaustive secondary research was undertaken to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, BusinessWeek, and different magazines were referred to identify and collect information for this study. Secondary sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and drone services databases.

Primary Research

The drone services market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand-side of this market is characterized by various end users, such as surveyors as well as facility providers and leasing companies. The supply-side is characterized by technology advancements in drone services, development of drone services, and software development. Various primary sources from both, supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Drone Services Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the drone services market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides of the drone services industry.

Report Objectives

  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the drone services market
  • To analyze the impact of macro and micro indicators on the drone services market
  • To forecast the market size of segments for five regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World, along with major countries in each of these regions
  • To strategically analyze micromarkets1 with respect to individual technological trends, prospects, and their contribution to the overall market
  • To strategically profile key market players and comprehensively analyze their market ranking and core competencies2
  • To provide a detailed competitive landscape of the drone services market, along with an analysis of business and corporate strategies such as partnership, acquisitions, and new service launches
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the drone services market

Scope of the Report

Report Metric

Details

Market size available for years

2017–2025

Base year considered

2018

Forecast period

2019–2025

Forecast units

Value (USD)

Segments covered

Industry, Solution, Application, Type, and Region

Geographies covered

North America, APAC, Europe, Middle East, and RoW

Companies covered

Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Sharper Shape (US), Sky-Futures (UK), Terra Drone (Japan), The Sky Guys (Canada), and Unmanned Experts (US), among others

This research report categorizes the drone services market based on industry, solution, application, type, and region.

On the basis of Industry, the drone services market has been segmented as follows:

  • Infrastructure
  • Agriculture
  • Logistics
  • Media & Entertainment
  • Oil & Gas
  • Utility & Power
  • Security, Search & Rescue
  • Mining
  • Scientific Research
  • Insurance
  • Others (Healthcare, Weather Forecasting, Aviation)

On the basis of Application, the drone services market has been segmented as follows:

  • Aerial Photography and Remote Sensing
  • Data Acquisition and Analytics
  • Mapping & Surveying
  • 3D Modeling
  • Disaster Risk Management and Mitigation
  • Inspection & Environmental Monitoring
  • Others (Product Delivery, Pollution Monitoring, Storm Tracking)

On the basis of Type, the drone services market has been segmented as follows:

  • Drone Platform Service
  • MRO
  • Training & Education

On the basis of Solution, the drone services market has been segmented as follows:

  • Enterprise
  • Point

On the basis of Duration of Service, the drone services market has been segmented as follows:

  • Short Duration Service
  • Long Duration Service

On the basis of Region, the drone services market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • Rest of the World (RoW)

Available Customizations

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Report Code
AS 4841
Published ON
Apr, 2019
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