Commercial Drones Market

Commercial Drones - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Feb 1, 2016, 426 Pages
US$4,500.00
GIA-MCP7951

Global Commercial Drones Market Analysis

This report analyzes the worldwide markets for Commercial Drones in US$ Thousand. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2014 through 2020. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 256 companies including many key and niche players such as -

3D Robotics, Inc.
AeroVironment, Inc.
Agribotix, LLC
Airware
Challis Heliplane UAV, Inc.


TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Commercial Drones I-3


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
Drones Fly into Commercial Space! II-1
Drones Market to Transition from Military to Commercial and
Civilian Applications II-2
Table 1: Global UAV Market by Application Segment (2015E &
2025P): Percentage Share Breakdown of Value Sales for Civil
and Military Sectors (includes corresponding Graph/Chart) II-3

Table 2: Global Unmanned Aerial Vehicles (UAV) Market
(2015E): Percentage Share Breakdown of Unit Sales for
Civilian Drones and Military Drones (includes corresponding
Graph/Chart) II-4
Use Cases of Commercial Drones Continue to Expand II-4
Technology Advancements Critical for Commercial Drones Market II-5
Rotary Blade UAVs to Lead Commercial Drones Market II-7
Multirotor Drones Find Demand from Non-Military Applications II-7
Challenges Confronting Commercial Drones Market II-8
Lack of Regulatory Framework Hampers Adoption of Drones in
Commercial Sector II-8
Proposed Regulatory Changes in the US: Positive Implication
for Small UAS Market II-9
Drone Use Raises Concerns over Damage to Property & People II-10
Commercial Drones Raise Concerns over Privacy of Individuals
& Property II-10
Europe to Drive Future Growth in the Commercial Drones Market II-11

2. COMPETITIVE LANDSCAPE II-12
Competition Set to Intensify in the Commercial Drones Marketplace II-12
Table 3: Number of Legal Commercial Drone Operators in Select
Countries (includes corresponding Graph/Chart) II-13
Tech Companies Foray into Commercial Drones Market II-13
Semiconductor Vendors Look to Tap Opportunities in Commercial
Drones Market II-14
Venture Community Funds Commercial Drone Companies II-15
Table 4: Most Funded Startups in the Commercial Drones Market
(includes corresponding Graph/Chart) II-15

Table 5: A Glance at Drone Startups Attracting Funding from
Investors (includes corresponding Graph/Chart) II-16
Intense Competition to Pave Way for Consolidation? II-16

3. MARKETS TRENDS & ISSUES II-18
High Economic Value of Commercial Drones Market II-18
Rising Prominence of Drones as Risk Mitigation Tools to Fuel
Adoption in Non-Military Sectors II-18
Drone-as-a-Service: A Growth Opportunity for Commercial Drones
Market II-19
Large Commercial Drones Offer Potential Growth Opportunities II-20
Improving Data Gathering & Monitoring of Drones Bodes Well for
Commercial Applications II-21
Beyond Line of Sight Drone Operations to Stir Future Growth II-22
VTOL Unmanned Aerial Vehicles Market Takes Off II-22
Photography Drones - Smart Capabilities Spur Adoption II-22
Falling Cost of Materials Bodes Well for the Adoption of
Commercial Drones II-24
Table 6: Pricing Trend of Carbon Fiber (2012-2020) (In US$
per Kg) (includes corresponding Graph/Chart) II-25
Advancing Smartphone Tech Facilitates Adoption of Drones in
Commercial Applications II-25
Testing: An Essential Requirement for Commercialization of Drones II-25
Open Source Development Efforts to Reduce Penetration of
Proprietary Drone Designs II-26
Collision Avoidance Technology: Essential Requirement for
Commercial UAVs II-26
Drones to Transform Internet of Things (IoT) Landscape II-27
Software & Application Services to Boost Growth II-28
Design & Components of Commercial Drones - Scope for Further
Improvements II-28
Standardization of UAS - A Critical Issue II-28
Trends & Developments in Various Application Markets of
Commercial Drones II-29
Agricultural Drones Market - An Opportunity to Tap II-29
Drones Critical for Improving Crop Yields II-30
Drones Emerge as a Legitimate Tool for Film & Television
Production Companies II-31
Rising Significance of Drone for Imaging & Inspection of
Commercial Real Estate Sector II-32
Drones Find Use in Inspection of Vital Infrastructure Assets II-33
Drones Promise Improved Safety & Reliability in Power Utilities II-33
Rising Significance of Drones in Wind Turbine Inspection II-33
Growing Prominence of Drones in Search & Rescue Missions II-34
Drones to Disrupt Retail Sector Operations II-34
Internet Communications: Delivery by Drones II-34
Drone-based Delivery: A Promising Technology for Logistics &
E-Commerce Companies II-35
UAV Technology to Enable Creation of Customized 3D Maps II-37
3D Mapping to Optimize Vehicular Movement at Construction Sites II-37
GIS Market - A Potential Growth Area for Drones II-37
Drones Promise to Reduce Risk for Hurricane Hunters II-37
Drone Use Aids in Wildlife Protection II-38
Impact of Commercial Drones on P/C Insurance Industry II-38

4. REGULATORY FRAMEWORK FOR COMMERCIAL DRONES II-40
USA II-40
Canada II-41
Europe II-42
Germany II-42
Italy II-42
The United Kingdom II-43
Australia II-43

5. PRODUCT OVERVIEW II-44
What are Drones? II-44
History of UAVs II-44
Commercial Drones: A Definition II-45
Hardware Components of a Drone II-45
Types of Commercial Drones II-46
Fixed Wing Commercial Drones II-46
Rotary Blade Commercial Drones II-46
Nano Commercial Drones II-47
Hybrid Commercial Drones II-47
Applications of Commercial Drones II-47
Commercial Photography/Videography II-48
Public Safety II-48
Media II-48
Agriculture II-48
Wildlife Conservation II-49
Internet Service II-49
Package Delivery II-49
Construction II-49
Existing & Potential Application Areas of Drones II-49

6. PRODUCT/SERVICE INNOVATIONS/ INTRODUCTIONS II-53
DJI Launches New Geofencing System II-53
Skyward Introduces Information Management Solution for
Commercial Drones II-53
DJI Unveils Flying Camera for Beginners II-53
3DR Unveils Solo Smart Drone II-53
DHL Introduces Drone Delivery Service in Germany II-53
Parrot Introduces AR Drone 3.0 II-54
Flirtey to Launch Commercial Drone Delivery of Zookal Textbooks II-54

7. RECENT INDUSTRY ACTIVITY II-55
3DR and Shibamoto Partner for Agricultural Drones II-55
Agribotix and Lankota® Partner for Drone-based Agricultural
Technologies II-55
ARCA Selects Spaceport America for Drone Testing II-55
DAC and Mid-Atlantic Aviation Partner for Tethered Drone
Commercialization II-55
Sony to Begin Commercial Drone Services II-55
SkySpecs Receives Series A Round of Funding II-55
Sky-Futures Bags Series A Funding from MMC Ventures II-56
Ehang Raises Series B Funding for Commercial Drones II-56
Intel Invests in Yuneec II-56
Measure and PrecisionHawk Partner for Commercial UAS Services II-56
Duke Energy Gains FAA Permission for Testing Drone Technology II-56
CyPhy Works Obtains FAA Exemption for PARC System in US II-56
CyPhy Works Receives $22 Million in Series B Investments II-56
Motorola Solutions Makes Strategic Investment in CyPhy Works II-57
Trimble Gains FAA’s Section 333 Exemption for UX5 Aerial
Imaging Solution II-57
Skycatch Receives $25 Million in Series B Funding II-57
Bechtel Gains FAA’s 333 Exemption for Operating Skycatch’s UAV
Data Solution II-57
SkyWard Announces Urban SkyWays Project II-57
Airware and NASA Partner for Developing UAS Traffic Management
System II-57
AeroVironment and Lockheed to Pursue UAS Development
Opportunities II-58
Parrot Invests in Airinov and EOS innovation II-58
BP and AeroVironment Bag FAA Permission for Using Drones II-58

8. FOCUS ON SELECT PLAYERS II-59
3D Robotics, Inc. (US) II-59
AeroVironment, Inc. (US) II-59
Agribotix, LLC (US) II-59
Airware (US) II-59
Challis Heliplane UAV, Inc. (Canada) II-60
Cyberhawk Innovations Ltd. (UK) II-60
CyPhy Works, Inc. (US) II-60
Draganfly Innovations Inc. (Canada) II-61
DroneDeploy (US) II-61
Drone Aviation Holding Corporation (US) II-61
EHang, Inc. (China) II-61
Lockheed Martin Corporation (US) II-61
Parrot SA (France) II-62
senseFly Ltd. (Switzerland) II-62
PrecisionHawk (US) II-63
Prioria Robotics, Inc. (US) II-63
Sharper Shape Ltd. (Finland) II-63
Skycatch, Inc. (US) II-63
SZ DJI Technology Co., Ltd. (China) II-64
Trimble Navigation Limited (Belgium) II-64
XAIRCRAFT Technology Co., Ltd. (China) II-64
Yuneec International Co., Ltd. (China) II-64

9. GLOBAL MARKET PERSPECTIVE II-65
Table 7: World Recent Past, Current and Future Analysis for
Commercial Drones by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific and Rest of World Markets Independently
Analyzed with Annual Revenue Figures in US$ Thousand for Years
2014 through 2020 (includes corresponding Graph/Chart) II-65

Table 8: World 7-Year Perspective for Commercial Drones by
Geographic Region - Percentage Breakdown of Revenues for US,
Canada, Japan, Europe, Asia-Pacific and Rest of World Markets
for Years 2014, 2015 & 2020 (includes corresponding
Graph/Chart) II-66


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Commercial Drones Market in the United States - A Primer III-1
Table 9: US UAV Hardware Market by Sector (2020P):
Percentage Share Breakdown of Sales for Agriculture,
Logistics, Military, Oil & Gas, Photography, and Public
Safety (includes corresponding Graph/Chart) III-2
Regulations & Legislative Framework: Critical for Commercial
Drones Market III-2
FAA Exemptions for Commercial Drones Operations on the Rise III-3
Table 10: FAA Section 333 Exemptions Operation / Mission
in the US (2015): Percentage Share Breakdown of Number of
Exemptions by Application (includes corresponding
Graph/Chart) III-4
Illegal Drone Flights - A Concern for Authorities III-4
Beyond Line of Sight Drone Operations to Stir Future Growth III-5
Agriculture - A Key End Use Market for Commercial Drones III-5
Drone-based Filmmaking - A Relatively Mature Market III-6
Promising Opportunities in Security and Surveillance Market III-6
Military Drones Transform into Commercial UAVs III-6
USAA Seeks Permit for Testing Drones in Claims Processing III-7
US Government Conducts Tests to Control Drones Infiltrating
Sensitive Areas III-7
Industry Players Focus on Drone Software Development III-7
Competition III-8
Rise in Venture Capital Funding for Commercial Drone Startups III-8
Table 11: Investments in the US Commercial Drones Market
(2010-2015) (In $ Million) (includes corresponding
Graph/Chart) III-8

Table 12: Leading Drone Companies Attracting Venture
Capital Funding Support in the US in 2014-2015 (includes
corresponding Graph/Chart) III-9

Table 13: US Commercial Drones Market (2015): Percentage
Share Breakdown of Funded Companies by Focus Area
(includes corresponding Graph/Chart) III-9
Product Innovations/Introductions III-10
Strategic Corporate Developments III-10
Key Players III-12
B.Market Analytics III-16
Table 14: US Recent Past, Current and Future Analysis for
Commercial Drones Analyzed with Annual Revenue Figures in
US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-16

2. CANADA III-17
A.Market Analysis III-17
Current and Future Analysis III-17
Regulation III-17
Key Players III-17
B.Market Analytics III-18
Table 15: Canadian Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-18

3. JAPAN III-19
A.Market Analysis III-19
Market Overview III-19
Strategic Corporate Developments III-20
B.Market Analytics III-20
Table 16: Japanese Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-20

4. EUROPE III-21
A.Market Analysis III-21
Europe Adopts a Positive Approach to Drones in Commercial
Applications III-21
Policy Differences between EASA and FAA Allow Europe to
Gain an Edge over the US III-21
B.Market Analytics III-23
Table 17: European Recent Past, Current and Future Analysis
for Commercial Drones by Geographic Region - France,
Germany, Italy, UK, Russia and Rest of Europe Markets
Independently Analyzed with Annual Revenue Figures in US$
Thousand for Years 2014 through 2020 (includes corresponding
Graph/Chart) III-23

Table 18: European 7-Year Perspective for Commercial Drones
by Geographic Region - Percentage Breakdown of Revenues for
France, Germany, Italy, UK, Russia and Rest of Europe
Markets for Years 2014, 2015 & 2020 (includes corresponding
Graph/Chart) III-24

4a. FRANCE III-25
A.Market Analysis III-25
Current and Future Analysis III-25
Strategic Corporate Developments III-25
Key Player III-25
B.Market Analytics III-26
Table 19: French Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-26

4b. GERMANY III-27
A.Market Analysis III-27
Current and Future Analysis III-27
Revised Regulations for Civil Drones III-27
Product Innovation/Introduction III-28
B.Market Analytics III-29
Table 20: German Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-29

4c. ITALY III-30
A.Market Analysis III-30
Regulations Make Way for Commercial Drone Operations III-30
B.Market Analytics III-31
Table 21: Italian Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-31

4d. THE UNITED KINGDOM III-32
A.Market Analysis III-32
Market Overview III-32
Regulatory Landscape III-32
Strategic Corporate Development III-33
Key Player III-33
B.Market Analytics III-34
Table 22: UK Recent Past, Current and Future Analysis for
Commercial Drones Analyzed with Annual Revenue Figures in
US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-34

4e. RUSSIA III-35
Market Analysis III-35
Table 23: Russian Recent Past, Current and Future Analysis
for Commercial Drones Analyzed with Annual Revenue Figures
in US$ Thousand for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-35

4f. REST OF EUROPE III-36
A.Market Analysis III-36
Current and Future Analysis III-36
Czech Republic: Commercial Drones Find Favor III-36
Denmark - A Glance at Regulations Governing Commercial Drone
Operations III-36
Ireland: Drone Use in Monitoring & Data Collection Purposes
Gains Momentum III-37
Key Players III-37
B.Market Analytics III-39
Table 24: Rest of Europe Recent Past, Current and Future
Analysis for Commercial Drones Analyzed with Annual Revenue
Figures in US$ Thousand for Years 2014 through 2020
(includes corresponding Graph/Chart) III-39

5. ASIA-PACIFIC III-40
A.Market Analysis III-40
Market Overview III-40
Australia: Liberal Policies Favor Commercial Drone Companies III-40
China - A Nascent Yet Promising Commercial Drones Market III-41
Rising Demand for Camera Drones in China III-42
China’s Made in China 2025 Plan Focuses on UAS Industry Growth III-42
Competitive Scenario III-43
Startups Heat Up Competition in the Commercial UAVs Market III-43
Chinese Companies Become Targets for Venture Capital Firms III-44
India III-44
A High Potential Market III-44
DGCA Bans Use of Drones by Civilians III-45
Singapore: New Drone Regulation Favors Growth III-45
Malaysia III-46
Product Innovations/Introductions III-46
Strategic Corporate Developments III-46
Key Players III-47
B.Market Analytics III-48
Table 25: Asia-Pacific Recent Past, Current and Future
Analysis for Commercial Drones Analyzed with Annual Revenue
Figures in US$ Thousand for Years 2014 through 2020
(includes corresponding Graph/Chart) III-48

6. REST OF WORLD III-49
A.Market Analysis III-49
Current and Future Analysis III-49
Latin America - Rising Interest in Drone Use III-49
Brazil - A Major Drone User III-50
Mexico - Revised Regulations Ease Use of Commercial Drones III-50
Increasing Use of Drones for Archeological Applications in
Peru III-51
Africa: Lack of Regulations Affect Adoption III-51
South Africa Adopts Stringent Drone Regulations III-52
UAE Identifies Drones as Critical Part of Smart Government
Initiatives III-52
B.Market Analytics III-53
Table 26: Rest of World Recent Past, Current and Future
Analysis for Commercial Drones Analyzed with Annual Revenue
Figures in US$ Thousand for Years 2014 through 2020
(includes corresponding Graph/Chart) III-53


IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 256 (including Divisions/Subsidiaries - 262)

The United States (85)
Canada (10)
Japan (4)
Europe (100)
- France (21)
- Germany (13)
- The United Kingdom (11)
- Italy (2)
- Spain (6)
- Rest of Europe (47)
Asia-Pacific (Excluding Japan) (40)
Latin America (9)
Africa (5)
Middle East (9)

Additional Information:
This report is offered in PDF format via e-mail. Once downloaded, the PDF can’t be copied to another computer. The user is permitted to print one full copy of the report. Extra copies or licenses may be purchased at 10% of the list price.
Date of Publication:
Feb 1, 2016
File Format:
PDF via E-mail
Number of Pages:
426 Pages
Type the characters you see in the picture above.