The report highlights the current impact of COVID-19 on the Drone Service Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Drone Service Market according to the impact of COVID-19.
The global drone service market size was USD 9.60 Billion in 2021 and is expected to register a revenue CAGR of 46.8%, during the forecast period, according to the latest analysis by Emergen Research. Rising demand for drone services for geographical surveillance and time-efficient delivery services, is a major factor driving global drone service market revenue growth. In addition, increasing demand for aerial photography & videography is another factor driving revenue growth of the market. Moreover, rising demand for cost-efficient industrial solutions and increase in need for affordable, easy implementation and high-value-added customized systems for distinct requirements are driving market revenue growth.
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COVID-19 Impact Analysis:
The research report encompasses the serious effects of the coronavirus pandemic on the Drone Service Market and its impact on the key market segments. It further gauges the impact of the COVID-induced restrictions on the leading market players, supply chains, and distribution channel. The report also assesses the current market scenario of the Drone Service Market business sector with regard to the impact of the COVID-19 pandemic on the market. The report is furnished with the current details and changes in the demand and trends relating to the COVID-19 crisis. The pandemic has brought dynamic changes in the major segments of the market. The report covers the present and future impact of the COVID-19 crisis and offers insights into the post-COVID-19 economic scenario.
Key participants include Aerodyne Group, AgEagle Aerial Systems Inc., CYBERHAWK, Matternet, Phoenix Drone Services LLC, Terra Drone Corporation, SenseFly, DroneDeploy, Precision Hawk, Sky Futures, Unmanned Experts Inc., and Agribotix LLC.
Scope of the Global Drone Service Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Drone Service Market industry, which turns out to be beneficial for readers interested in this sector.
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Emergen Research has segmented the global drone service based on type, duration, application, end-use, and region:
· Type Outlook (Revenue, USD Billion; 2019–2030)
- Platform Service
- Training and Education
- Maintenance Repair Overhaul
- Others
· Duration Outlook (Revenue, USD Billion; 2019–2030)
- Short Duration Service
- Long Duration Service
· Application Outlook (Revenue, USD Billion; 2019–2030)
- Remote Sensing and Monitoring
- Aerial Photography and Filming
- Mapping & Surveying
- Spraying & Seeding
- Transport & Delivery
- Security, Search, and Rescue
- Medical Aids
- Others
Key points covered in the report:
- A detailed outlook of the market with essential data beneficial for business
- Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments
- Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed
- Latest product developments, incorporation of new techniques and profiles of major competitors
- An 8-year forecast estimation detailing the growth and expansion scope of the Drone Service Market
- In-depth analysis of the historical years (2017-2018) and forecast period (2020-2027)
- Market dynamics with information of players, challenges, restraints, threats, and opportunities
- SWOT analysis and Porter’s Five Forces analysis of the top vendors
Overview Of Market :
| Scope of Research | Description |
| Market Size | Estimation of the current size of the drone service market in terms of value (USD) and volume (units) |
| CAGR | Compound Annual Growth Rate of the market for the forecast period |
| Forecasted Year | The year for which the market forecast is made |
| Market Segmentation | Analysis of the drone service market by service type, industry, application, and geography |
| Market Drivers | Identification and analysis of factors driving the growth of the drone service market |
| Market Restraints | Identification and analysis of factors hindering the growth of the drone service market |
| Competitive Analysis | Profiling of key players operating in the drone service market, their market share, and strategies |
| Emerging Trends | Identification of emerging trends and opportunities in the drone service market |
| Regulatory Framework | Analysis of the regulatory framework for drone services in different regions |
| Technological Developments | Analysis of the latest technological developments in the drone service market |
| Regional Analysis | Analysis of the drone service market in different regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa |
| Impact of COVID-19 | Analysis of the impact of the COVID-19 pandemic on the drone service market and its recovery trajectory |
Highlights of the Table of Contents:
1. Report Overview
1.1 Research Scope
1.2 Key Drone Service Market market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Drone Service Market market size
2.2 Latest trends of the Drone Service Market market by region
2.3 Key growth trends
3. Competitive Outlook
3.1 Global Drone Service Market market key players
3.2 Global Drone Service Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Drone Service Market market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
4. Drone Service Market Market by product type
- 4.1 Global Drone Service Market Sales by Product
- 4.2 Global Drone Service Market by Product Revenue
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Years: 2020-2027
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
