Drones Market Size, Share, Growth, Trend, Analysis, Forecast To 2028
Drones Market by Type (Fixed-Wing and Multi-Rotor), By Capability (Passenger Drones and Cargo Drones), By Capacity (Up to 100 kg and Over 100 kg), By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying, Agricultural Photography, Precise Agriculture Management, Agriculture Insurance Inspection), Industry (Construction, Oil & Gas, Mining, Logistics, Aviation, Telecom)), Component (Airframe, Payload, Guidance Navigation & Control, Propulsion System) – Forecast to 2028
Draganfly (Canada),
Elbit Systems Ltd. (Israel), General Dynamics Corporation (U.S.), Lockheed
Martin Corporation (U.S.), Northrop Grumman (U.S.), DJI (China) among others,
are profiled in MRFR Analysis and are at the forefront of competition in the
global Drones market.
DJI expects its sales
will reach RMB 18 billion ($2.7 billion) in 2017. Sales in 2016 increased by
65% year on year breaking the RMB 1 billion point. Consumer drones accounted
for 80% of the profit. In 2018, DJI is planning on expanding its staff with
special attention to the agriculture sector. The company has recently upped its
stakes in the agricultural drone area by lowering the price of its drones by
12%
Drones Market Global
Market   - Overview
Drones
Market are a type of aircraft
that is controlled by pilots remotely. These aircraft can be programmed for
specific and critical missions. These drones provide ultimate accuracy and help
to complete the mission with minimum error and lesser damage to human lives.
Drones play very important role in the defence sector of any country, as it can
give optimum result without loss of human life. Draganfly showcased the new
drone for law enforcement agencies in US. Technological advancement in the
defence sector is driving the market. Aurora Flight announced launch of world’s
fastest 3D printed drone is ready for flight. This drones can reach speed of
150MPH.
Industry News
January 2018, Drone
deliveries: Tech giants using Australia as a drone testbed, including Google’s
Project Wing. Alphabet’s research
and development facility, formerly known as Google X, launched two commercial
drone delivery trials in Australia. The trials, as part of the company’s
Project Wing, have seen deliveries of Guzman y Gomez Mexican food and
healthcare and over-the-counter medicine from Chemist Warehouse delivered to
residents in Queanbeyan, New South Wales, and Canberra.
January 2018, Indian
Railways to go hi-tech, will soon use drones for crowd management at
stations. Indian Railways is all
set to get eyes in the sky as it prepares to launch drones over stations across
the country in a bid to regulate passengers. The drones are expected to help
officials control crowds at railway stations better - especially during
festival seasons when major cities see a rise in footfall. The bird's eye view
will help in better regulation of people and identify potentially dangerous
situations in and around stations in the country. A trial has already been
completed and Railways has put these machines to use in three divisions in
Jabalpur
December 2017, US
Military tests system for on-demand 3D-printed drones. The US Army is partnering with the Marine
Corps on a test project that lets troops 3D-print particular drone parts from a
tablet-based catalog, which could eventually lead to manufacturing UAVs
customized to the mission. The software catalog setup lets military units print
out an unmanned aircraft system for specific missions. The Army Research
Laboratory expects the turnaround time to create UAV parts to be anywhere from
minutes to hours, rather than days or weeks.
December 2017, Boeing
unveils a drone capable of landing on an aircraft carrier, as Navy competition
heats up. Boeing recently
offered a first glimpse of its newest military aircraft, a large,
stingray-shaped drone it hopes will win an intense Navy competition to build an
uncrewed aircraft capable of landing on an aircraft carrier. In addition to
Boeing, two of the Pentagon’s top suppliers, General Atomics and Lockheed
Martin, are also vying for a contract to build as many as 76 of the vehicles
that would become operational in the mid-2020s.
Drones Market Global
Market   - Segmentation
Segmentation by Drones
Type: very small drones,
small drones, medium drones, and large drones
Segmentation by
Applications: Aerospace and defence,
agriculture, transportation, inspection and monitoring, media and
entertainment, government.
Segmentation by
region: North America, Europe,
Asia Pacific, Latin America, Middle East & Africa.
Drones Market Global
Market   - Regional Analysis
North America is
dominating the market of Drones. The main reason behind this is investment of
government in defence sector. Europe stands as second biggest market. PwC has
launched a UK drone team as it eyes increasing demand from investors, local
authorities and companies for real-time data that can be more easily obtained
by unmanned flight systems than by humans. Asia-Pacific stands as third biggest
market for Drones. UK firm building autonomous drone which will get you from
Heathrow to central London in 12 minutes. The Shenzhen-based drone maker, DJI
is currently the world’s top seller of consumer drones, with a global market
share of 70%
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