Drones for Commercial Applications: Small Unmanned Aircraft Systems for Filming & Entertainment, Mapping, Aerial Assessments, Prospecting, Data Collection, Disaster Relief, and Delivery: Global Market Analysis and Forecasts

NEW YORK, June 29, 2017 /PRNewswire/ -- Unmanned aerial vehicles (UAVs), commonly known as drones, have a great deal of potential to be explored and exploited for commercial applications. Major
industries, government agencies, and other institutions are all actively assessing the opportunity for drones to disrupt the market and create innovative business models. Rapid advances in technology and economies of scale have enabled drones to be prototyped and commercially launched at an affordable price. Furthermore, due to emerging cloud-based applications and data services, the commercial drone industry is enjoying a period of rapid growth. Tractica anticipates that the demand for drones will increase during the coming years as their use across a variety of market applications continues to grow. A major growth driver for commercial drones will be their ability to provide tangible return on investment (ROI) to multiple industries using common technological capabilities that can perform a wide range of applications. The advancement of drone technology in a relatively short period of time has provided companies and other organizations with an effective tool to aid their businesses and other initiatives in a cost-effective


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manner.

The commercial drone market is off to a very strong start, with many prominent companies and investors showing confidence in drone technology. Worldwide revenue of commercial drones from hardware and services reached an estimated $587 million in 2016 and Tractica expects that the market will continue to grow rapidly over the next few years, while providing significant opportunities to various industry participants, reaching a market value of $12.6 billion by the end of 2025. This Tractica report examines the market and technology issues surrounding commercial drones and provides 10-year revenue forecasts for the industry. The report assesses crucial market drivers and challenges, regulatory issues, and key technology issues that will influence market development. In total, 194 key, emerging, and other industry players are profiled. Market forecasts for drone shipments and revenue are segmented by world region, airframe type, industry, and customer type.

Key Market Forecasts
- Commercial Drone Hardware Unit Shipments
by Region, World Markets: 2016-2025
- Commercial Drone Hardware Revenue by
Region, World Markets: 2016-2025
- Commercial Drone Services Revenue by
Region, World Markets: 2016-2025
- Commercial Drone Hardware Unit Shipments
and Revenue by Airframe Type, World
Markets: 2016-2025
- Commercial Drone Hardware Unit Shipments
and Revenue by Industry, World Markets:
2016-2025
- Commercial Drone Hardware Unit Shipments
and Revenue by Customer Type, World
Markets: 2016-2025
- Commercial Drone Services Revenue by
Application Type, World Markets: 2016-2025
Industries
- Agriculture
- Oil & Gas
- Utility, Energy & Infrastructure
- Real Estate & Construction
- Insurance
- Mining
- Film
- Media
- Scientific Research
- First Responders
- Delivery

Applications
- Aerial Assessments
- Data Collection & Analytics
- Filming & Entertainment
- Mapping
- Prospecting
- Early Warning Systems
- Disaster Relief
- Environmental Monitoring
- Delivery

Geographies
- North America
- Europe
- Asia Pacific
- Latin America
Read the full report: http://www.reportlinker.com/p03423902/Drones-for-Commercial-Applications-Small-Unmanned-Aircraft-Systems-for-Filming-Entertainment-Mapping-Aerial-Assessments-Prospecting-Data-Collection-Disaster-Relief-and-Delivery-Global-Market-Analysis-and-Forecasts.html

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