Drone Service Market
PUBLISHED: 2021 ID: SMRC20954
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Drone Service Market

Drone Service Market Forecasts to 2028 – Global Analysis By Type (Platform Service, MRO), Product (Hybrid Drone, Fixed-Wing), Solution (Point, End-to-End), Application (Facility Inspection, 3D Modelling) and By Geography

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5.0 (38 reviews)
Published: 2021 ID: SMRC20954

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Drone Service Market is accounted for $11.23 billion in 2020 and is expected to reach $54.38 billion by 2028 growing at a CAGR of 21.8% during the forecast period. Increasing demand for drone inspection & monitoring services, increased adoption of drones in agriculture industry and increased requirements for qualitative data are driving the market growth. However, lack of skilled workforce and issues associated with drone safety and security are hampering the growth of the market.

Drone is a flying robot controlled by software embedded with the various sensors and GPS. Drone services include various types of services such as surveillance, monitoring, aerial photography, mapping, etc. that are provided by unmanned aerial vehicle. The drone services are extensively beneficial in remote locations and areas hazardous to human life.

Based on the product, the rotary wing segment is going to have lucrative growth during the forecast period as there is an increase in demand for these drones in the commercial sector due to the design that benefits in various applications such as transportation and drone deliveries.

By geography, North America is going to have high growth during the forecast period due to the rising adoption of advanced drones in the region for commercial as well as defense applications. Moreover, due to the presence of prominent drone service providers such as Measure and Precision Hawk there will be significant growth of the market in North America.

Some of the key players profiled in the Drone Service Market include Cyberhawk, Sky-Futures Ltd., DroneDeploy Inc., Terra Drone Corporation, Aerodyne Group, Sharper Shape Inc.,  Phoenix Drone Services LLC , Unmanned Experts Inc, PrecisionHawk, DJI Technology Co., Ltd, Martek Aviation, Vermeer Corporation  and Measure Colorado.

Types Covered:
• Education, Simulation & Training
• Platform Service
• Maintenance Repair and Overhaul (MRO)   

Products Covered:
• Multirotor or Rotary-Wing
• Hybrid Drone
• Fixed-Wing

Solutions Covered:
• Point
• End-to-End (Enterprise)

Applications Covered:
• Stockpile Measurement
• Mapping & Surveying
• Data Acquisition & Analytics
• Disaster Risk Management & Mitigation
• Spraying & Seeding
• Transport, Delivery and Pick-Up
• Inspection & Environmental Monitoring
• Homeland Security, Search & Rescue
• Filming & Photography
• Emergency Services
• Aerial Photography & Remote Sensing
• Facility Inspection
• 3D Modelling

Duration of Services Covered:
• Short-Duration Services
• Long-Duration Services

End Users Covered:
• Utilities and Power
• Defense & Law Enforcement
• Marine
• Mining
• Real Estate/Construction
• Scientific Research
• Agriculture
• Transport, Logistics & Warehousing
• Aviation
• Engineering and Infrastructure
• Oil & Gas
• Insurance
• Healthcare & Social Assistance
• Media & Entertainment 

 Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary 
  
2 Preface 

 2.1 Abstract
 2.2 Stake Holders
 2.3 Research Scope
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
  
3 Market Trend Analysis 
 3.1 Introduction
 3.2 Drivers
 3.3 Restraints
 3.4 Opportunities
 3.5 Threats
 3.6 Product Analysis
 3.7 Application Analysis
 3.8 End User Analysis
 3.9 Emerging Markets
 3.10 Impact of Covid-19
  
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry
  
5 Global Drone Service Market, By Type 
 5.1 Introduction
 5.2 Education, Simulation & Training
 5.3 Platform Service
  5.3.1 Operator Software
  5.3.2 Cloud-Based
  5.3.3 Piloting & Operations
 5.4 Maintenance Repair and Overhaul (MRO)
  
6 Global Drone Service Market, By Product 
 6.1 Introduction
 6.2 Multirotor or Rotary-Wing
 6.3 Hybrid Drone
 6.4 Fixed-Wing
  
7 Global Drone Service Market, By Solution 
 7.1 Introduction
 7.2 Point
 7.3 End-to-End (Enterprise)
  
8 Global Drone Service Market, By Application 
 8.1 Introduction
 8.2 Stockpile Measurement
 8.3 Mapping & Surveying
 8.4 Data Acquisition & Analytics
 8.5 Disaster Risk Management & Mitigation
 8.6 Spraying & Seeding
 8.7 Transport, Delivery and Pick-Up
 8.8 Inspection & Environmental Monitoring
 8.9 Homeland Security, Search & Rescue
 8.10 Filming & Photography
 8.11 Emergency Services
 8.12 Aerial Photography & Remote Sensing
 8.13 Facility Inspection
 8.14 3D Modelling
  
9 Global Drone Service Market, By Duration of Service 
 9.1 Introduction
 9.2 Short-Duration Services
 9.3 Long-Duration Services
  
10 Global Drone Service Market, By End User 
 10.1 Introduction
 10.2 Utilities and Power
 10.3 Defense & Law Enforcement
 10.4 Marine
 10.5 Mining
 10.6 Real Estate/Construction
 10.7 Scientific Research
 10.8 Agriculture
 10.9 Transport, Logistics & Warehousing
 10.10 Aviation
 10.11 Engineering and Infrastructure
 10.12 Oil & Gas
 10.13 Insurance
 10.14 Healthcare & Social Assistance
 10.15 Media & Entertainment
  
11 Global Drone Service Market, By Geography 
 11.1 Introduction
 11.2 North America
  11.2.1 US
  11.2.2 Canada
  11.2.3 Mexico
 11.3 Europe
  11.3.1 Germany
  11.3.2 UK
  11.3.3 Italy
  11.3.4 France
  11.3.5 Spain
  11.3.6 Rest of Europe
 11.4 Asia Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 Australia
  11.4.5 New Zealand
  11.4.6 South Korea
  11.4.7 Rest of Asia Pacific
 11.5 South America
  11.5.1 Argentina
  11.5.2 Brazil
  11.5.3 Chile
  11.5.4 Rest of South America
 11.6 Middle East & Africa
  11.6.1 Saudi Arabia
  11.6.2 UAE
  11.6.3 Qatar
  11.6.4 South Africa
  11.6.5 Rest of Middle East & Africa
  
12 Key Developments 
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers
 12.3 New Product Launch
 12.4 Expansions
 12.5 Other Key Strategies
  
13 Company Profiling 
 13.1 Cyberhawk
 13.2 Sky-Futures Ltd.
 13.3 DroneDeploy Inc. 
 13.4 Terra Drone Corporation
 13.5 Aerodyne Group
 13.6 Sharper Shape Inc.
 13.7 Phoenix Drone Services LLC
 13.8 Unmanned Experts Inc
 13.9 PrecisionHawk
 13.10 DJI Technology Co., Ltd
 13.11 Martek Aviation
 13.12 Vermeer Corporation
 13.13 Measure Colorado


List of Tables  
1 Global Drone Service Market Outlook, By Region (2019-2028) ($MN) 
2 Global Drone Service Market Outlook, By Type (2019-2028) ($MN) 
3 Global Drone Service Market Outlook, By Education, Simulation & Training (2019-2028) ($MN) 
4 Global Drone Service Market Outlook, By Platform Service (2019-2028) ($MN) 
5 Global Drone Service Market Outlook, By Operator Software (2019-2028) ($MN) 
6 Global Drone Service Market Outlook, By Cloud-Based (2019-2028) ($MN) 
7 Global Drone Service Market Outlook, By Piloting & Operations (2019-2028) ($MN) 
8 Global Drone Service Market Outlook, By Maintenance Repair and Overhaul (MRO) (2019-2028) ($MN) 
9 Global Drone Service Market Outlook, By Product (2019-2028) ($MN) 
10 Global Drone Service Market Outlook, By Multirotor or Rotary-Wing (2019-2028) ($MN) 
11 Global Drone Service Market Outlook, By Hybrid Drone (2019-2028) ($MN) 
12 Global Drone Service Market Outlook, By Fixed-Wing (2019-2028) ($MN) 
13 Global Drone Service Market Outlook, By Solution (2019-2028) ($MN) 
14 Global Drone Service Market Outlook, By Point (2019-2028) ($MN) 
15 Global Drone Service Market Outlook, By End-to-End (Enterprise) (2019-2028) ($MN) 
16 Global Drone Service Market Outlook, By Application (2019-2028) ($MN) 
17 Global Drone Service Market Outlook, By Stockpile Measurement (2019-2028) ($MN) 
18 Global Drone Service Market Outlook, By Mapping & Surveying (2019-2028) ($MN) 
19 Global Drone Service Market Outlook, By Data Acquisition & Analytics (2019-2028) ($MN) 
20 Global Drone Service Market Outlook, By Disaster Risk Management & Mitigation (2019-2028) ($MN) 
21 Global Drone Service Market Outlook, By Spraying & Seeding (2019-2028) ($MN) 
22 Global Drone Service Market Outlook, By Transport, Delivery and Pick-Up (2019-2028) ($MN) 
23 Global Drone Service Market Outlook, By Inspection & Environmental Monitoring (2019-2028) ($MN) 
24 Global Drone Service Market Outlook, By Homeland Security, Search & Rescue (2019-2028) ($MN) 
25 Global Drone Service Market Outlook, By Filming & Photography (2019-2028) ($MN) 
26 Global Drone Service Market Outlook, By Emergency Services (2019-2028) ($MN) 
27 Global Drone Service Market Outlook, By Aerial Photography & Remote Sensing (2019-2028) ($MN) 
28 Global Drone Service Market Outlook, By Facility Inspection (2019-2028) ($MN) 
29 Global Drone Service Market Outlook, By 3D Modelling (2019-2028) ($MN) 
30 Global Drone Service Market Outlook, By Duration of Service (2019-2028) ($MN) 
31 Global Drone Service Market Outlook, By Short-Duration Services (2019-2028) ($MN) 
32 Global Drone Service Market Outlook, By Long-Duration Services (2019-2028) ($MN) 
33 Global Drone Service Market Outlook, By End User (2019-2028) ($MN) 
34 Global Drone Service Market Outlook, By Utilities and Power (2019-2028) ($MN) 
35 Global Drone Service Market Outlook, By Defense & Law Enforcement (2019-2028) ($MN) 
36 Global Drone Service Market Outlook, By Marine (2019-2028) ($MN) 
37 Global Drone Service Market Outlook, By Mining (2019-2028) ($MN) 
38 Global Drone Service Market Outlook, By Real Estate/Construction (2019-2028) ($MN) 
39 Global Drone Service Market Outlook, By Scientific Research (2019-2028) ($MN) 
40 Global Drone Service Market Outlook, By Agriculture (2019-2028) ($MN) 
41 Global Drone Service Market Outlook, By Transport, Logistics & Warehousing (2019-2028) ($MN) 
42 Global Drone Service Market Outlook, By Aviation (2019-2028) ($MN) 
43 Global Drone Service Market Outlook, By Engineering and Infrastructure (2019-2028) ($MN) 
44 Global Drone Service Market Outlook, By Oil & Gas (2019-2028) ($MN) 
45 Global Drone Service Market Outlook, By Insurance (2019-2028) ($MN) 
46 Global Drone Service Market Outlook, By Healthcare & Social Assistance (2019-2028) ($MN) 
47 Global Drone Service Market Outlook, By Media & Entertainment (2019-2028) ($MN) 
  
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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