(Source: statista.com)
Statista projects the global commercial drone market to be $28.08 billion in 2023.
The market share is anticipated to rise in the coming years, reaching $20.33 billion in 2024, $32.75 billion in 2025, $35.37 billion in 2026, and $38.2 billion in 2027.
Commercial Drone Statistics by Region
(Source: technavio.com)
North America is the largest growing region, and Asia Pacific is the fastest growing region by the end of 2023.
It is estimated that the global market growth of the North American region will be 44% share by the end of 2027.
The North American commercial UAV market value is projected to be $1.85 billion at a CAGR of 18.4% by 2027.
According to Technavio reports, the commercial drone market’s predicted growth from 2023 to 2027 will be $44.85 billion, with a CAGR of 38.97%.
(Source: mckinsey.com)
As per Mckinsey reports, the number of commercial drone deliveries exceeded 1 million in 2023.
By the end of the 2nd quarter of 2023, global deliveries of commercial drones in the Asia-Pacific region accounted for a 43% share.
Conversely, North America’s share increased to 15% by 2027.
In Africa, the global drone deliveries market has seen a 32% increase in the first half of 2023.
By August 2023, Europe’s share of global drone deliveries reached 9%.
Based on Fact.MR research, the commercial drone industry’s market size is expected to reach $14.2 billion by the end of 2032, with a CAGR of 9.2% from 2022 to 2023.
Commercial Drone Statistics by Types
The commercial drone industry is segmented into 4 types of drones: Multi-Rotor, Single Rotor, Fixed Wing, Hybrid, and Others.
In 2023, multi-rotor drones are the most popular type globally due to their ability to provide steady monitoring over incidents and accidents, capture better images from confined spaces, and require less space for take-off and landing.
By 2032, the market share of multi-rotor drones is expected to grow at a CAGR of 10%.
Survey reports indicate that around 79% of online buyers prefer drone delivery, with expectations that drone delivery services will reach $11.2 billion by 2026.
Commercial Drone Statistics by Application
(Source: alliedmarketresearch.com)
Commercial drone applications include precision agriculture, aerial photography, surveillance, survey mapping, energy, and other uses.
Aerial photography is the most popular application in the commercial drone market, especially in advertising, media, and entertainment industries.
By the end of 2032, the growth of aerial photography applications is expected to reach a CAGR of 9.9%.
In the United States, 31% of all commercial drones are expected to be used for aerial photography purposes in 2023.
Technologies used in commercial drones are categorized as Fully Autonomous, Semi-autonomous, and Remote Operated.
Commercial Drone Statistics by Usage
Reports as of July 2023 show that the United States had almost 869,472 registered drones by the FAA.
In 2023, approximately 41% of drones were registered for commercial purposes, totaling 348,057 units.
Philly by Survey data indicates that currently, 15% of people in the United States have used drones.
Men (24%) and women (10%) in the U.S. are reported to use drones.
Usage statistics by age groups in the U.S. show: 18-24 years (19%), 25-34 years (17%), 35-44 years (20%), 45-54 years (22%), 55-64 years (13%), and 65+ years (6%).
According to Dronell reports, DJI owns approximately 80% of the drone market in the United States.
Fortune Business Insights predicts that the commercial drone market will reach about $6.30 billion by the end of 2026.
Future Growth of Commercial Drone Statistics
China’s projected market share in the commercial drone industry is expected to reach a CAGR of 11%, with a market value of $1.4 billion by 2023, making it the largest shareholder.
Research suggests that Japan’s growth rate is projected to rise at a CAGR of 10.2% from 2022 to 2032.
By 2032, the United Kingdom’s commercial drone market value is estimated to reach $598.5 million, with a CAGR of 10.1% from 2022 to 2032.
The European region’s commercial drone market is expected to surpass $2 billion by the end of 2024.
In the United States, the commercial drone market share is predicted to exceed $2.8 billion with a CAGR of 9.4% by 2032.
Predictions indicate that South Korea’s market value will reach $539.5 million by the forecasted year, with a CAGR of 10.6%.
Gitnux research estimates that the global commerce drone services market size will reach $63.6 billion by 2025.
Commercial drones are expected to be utilized by over 30% of public safety applications worldwide.
Advantages of Commercial Drones
Commercial drones provide several benefits, including maintaining a safe environment, cost-saving technology, quality aerial imaging, and precision.
They offer an easy control system for better security, reduce dangers and health risks, enable in-depth analysis, facilitate quick inspections, and access hazardous areas.
Disadvantages of Commercial Drones
Despite the benefits, commercial drones have various drawbacks, such as potential privacy breaches for groups or individuals, and legal uncertainties surrounding UVA technology.
Software issues or malfunctions can cause
There is a safety concern in densely populated areas due to an increased risk of damage.
Spies, vulnerability to wildlife, susceptibility to hacking, and slow data transfer speeds are among other drawbacks.
Conclusion
After thoroughly analyzing the data in the Commercial Drone Statistics article, it is evident that the global market is rapidly expanding and is projected to see a significant increase in market share by 2030. The research indicates that North America is the fastest-growing region for commercial drones in 2023, while Asia Pacific is expected to have the highest growth rate.
This report offers in-depth statistical analysis covering market size, types, usage, applications, and regions. We hope that the essential statistics provided above offer a comprehensive understanding of the Commercial Drone topic.
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Sources
How long do commercial drones typically last?
Commercial drones are generally designed to last up to 5 years, but those used in military applications can last over 10 years.
What is the maximum flying range of commercial drones?
In their early days, commercial drones had a range of a few kilometers, but with technological advancements, modern models can fly over 20 kilometers.
What is the top speed of commercial drones?
Commercial drones usually have a maximum altitude of around 400 feet and a speed of 100 mph (87 knots) from ground level.
How large can commercial drones be?
Commercial drones can be quite large, often referred to as ‘heavy lift’ drones, measuring around 12 inches, and are utilized in various industrial and commercial applications.
What are the main commercial applications of drones?
The primary sectors for commercial drone applications include inspecting oil pipelines, transmission cables, and supporting project maintenance.
Who is the largest producer of commercial drones?
The largest producer of commercial drones is DJI with a global market share of 70% in 2023.
What are the future uses?
As of reports, experts are thinking of transporting heavy loads weighing above 70 to 500 Kilograms, allowing for transporting groceries and even people too. These factors can help in reducing traffic congestion shortly.
Commercial Drone Statistics 2024 By Region, Types, Application and Usage
Data is from 2023 and 2024 and forecast data is for 2025 and 2026. We also expand the forecast data to 2027 and 2028.
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REFERENCES:
This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Commercial Drone Statistics 2024 By Region, Types, Application and Usage
August 23, 2024
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Publish date : 2024-08-28 22:31:00
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