The Civil Drones Market is projected to reach US$ 30.75 billion by 2031 from US$ 11.34 billion in 2023. The market is expected to register a CAGR of 13.3% in 2023–2031. The majority of the demand for civil drones is mainly driven by the growth in applications of civil drones as a key element in testing, inspecting, and boosting the efficiency of operations across several industries such as precision agriculture, industrial inspections, and the renewable sector for surveying & mapping.
The civil drones market is likely to register a healthy growth rate in the coming years. This is mainly due to the rise in several applications of drones in commercial applications. Further, the demand for civil drones is also likely to witness a strong hike in the coming decade as most of countries have been witnessing a rise in the number of local drone manufacturers for personal and commercial uses as well. Similarly, the growth in number of adoption of drones by service provider companies is another major factor likely to drive the growth of the civil drone market size in the coming years.
Drones have been witnessing a strong adoption rate across various applications such as surveillance, inspection, surveying, mapping, spraying, education, and aerial photography operations. Several industries such as agriculture, real estate, renewable energy, and emergency operational sectors such as search & rescue departments have been constantly working on automating their respective business operations through integrating drones into their respective operations which is leading them with several advantages such as improved overall efficiency, better evaluation of manual errors, optimum utilization of resources in a lesser amount of time for any of the required operation.
Civil drones have found detailed applications in precision applications. The applications include such as crop management along with integrated big data and GPS that provide an extra edge to complete the tasks with more precision. This also helps in resolving the issues such as food & water crisis. Civil drones add the capability to map the crop images, recreate, and then analyze different parameters such as analyzing the crop leaves from a distant height along with getting information on the water-holding capacity of soils as well.
The integration of drones in crop management is likely to make agricultural operations more efficient and provide an advantage to the farmers to compete with other small agricultural firms that are not using such practices for crop management and intelligent agricultural practices. Some of the advantages provided by civil drones in agricultural applications include health monitoring of crops, equipment monitoring, cattle monitoring, and fertility monitoring. Further, several crop operators are integrating drones to utilize the maximum potential of their respective crops and boost their respective operational efficiency. Such factors are likely to drive the market for civil drones market shortly for the agriculture sector.
The rise in several drone registrations worldwide is another major factor likely to generate new opportunities for market vendors in the coming years. According to the Federal Aviation Administration (FAA), in 2023, around 805,000 commercial drones were registered globally which is likely to reach a registration unit volume of around 955,000 drones by 2027 with a CAGR of 4.5% in terms of volume. Further, the rising number of applications of commercial drones across multiple industries including agriculture, energy & power, manufacturing, construction, security, and many more is also boosting the procurement of commercial drones across different regions. This is likely to generate new market opportunities for civil drone manufacturers during the forecast period.
Key segments that contributed to the derivation of the Civil Drones Market analysis are type, platform, application, and end-user.
The geographic scope of the Civil Drones Market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has dominated the Civil Drones Market in 2023. The North American region includes the US, Canada, and Mexico. The accessibility of efficient infrastructure within the developed nations has facilitated the manufacturing players to exploit the limits of technology, science, and commerce. The US is a developed country in terms of modern technology, a standard of living, infrastructure, and many others. Throughout North America, technological advancements have led to a highly competitive market. North America region attracts several technological developments, which consist of economically robust countries. The companies are continuously enhancing the overall business processes to meet the customers’ demand for high-quality drones and services efficiently. Also, significant efforts are being taken by the Government by following various rules and regulations set by the Federal Aviation Administration (FAA) to support the progress of drones through new deployment, spectrum allocations, and infrastructure.
The regional trends and factors influencing the Civil Drones Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Civil Drones Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 11.34 Billion |
Market Size by 2031 | US$ 30.75 Billion |
Global CAGR (2023 - 2031) | 13.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Civil Drones Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Civil Drones Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Civil Drones Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for civil drones market and strategies:
The “Civil Drones Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: