DUBLIN — (BUSINESS WIRE) — January 13, 2020 — The "Global Drones Market Outlook and Projections, 2019-2027" report has been added to ResearchAndMarkets.com's offering.

The global drones market reached USD 18.11 Billion in 2018 by registering a CAGR of 19.90% across the globe. Moreover, the market is expected to reach USD 88.57 Billion by the end of 2027.

The demand for drones across North-America has been increasing on the back of growing drone production and wide application of drones in the commercial sector. Furthermore, favorable government initiatives regarding the advancements in drone technology is key to the growth for North America drones market, over the forecast period.

The Asia Pacific market is expected to expand at the highest CAGR of 22.64%, during the forecast period i.e. 2020-2027. The drones market in Asia Pacific is projected to reach to a valuation of USD 22.65 Billion by the end of 2027 from USD 3.78 Billion in 2018.

The market in Europe is expected to account for USD 19.51 Billion by 2027 from USD 4.38 Billion in 2018. Germany and the UK are the major contributors to the growth of the drones market in the region.

The global market is segmented on the basis of product into military drones and commercial drones. Among these segments, military drones product segment occupies the largest market share of drones across the globe. Moreover, this segment is anticipated to flourish at a CAGR of 19.60% over the forecast period.

The growing applications of drones in the commercial sector such as oil & gas, construction, energy, entertainment, healthcare, and delivery industries accompanied with others are anticipated to drive the growth of drones market during the forecast period.

The market is consistently growing with players defining their role in the value chain and exploring ways to meet users' needs. Such positive environments are supporting the growth of drones market in commercial aerospace industry further.

Market players are increasingly competing with each other by developing advanced technology-integrated drones, which can decrease the human effort in applications like mining, construction, and aerial mapping, among others.

Key Topics Covered:

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

1.3. Product Overview

2. Assumptions And Acronyms

3. Research Methodology

3.1. Variables (Dependent And Independent)

3.2. Multi Factor Based Sensitivity Model

4. Executive Summary - Global Drones Market

5. Industry Analysis

5.1. Policy And Regulatory Landscape

5.2. Value Chain Analysis

6. Countries With Projected Highest Demand For Drones

7. Market Dynamics

7.1. Drivers

7.2. Restraints

7.3. Opportunities

7.4. Trends

8. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

9. Global Drones Market Outlook

9.1. Market Size And Forecast, 2018-2027

9.1.1. By Value (Usd Million)

9.2. Global Drones Market Segmentation, 2018-2027

9.2.1.By Product Type

9.2.2. By Applications

9.2.3. By Payload

9.2.4. By Region

9.2.4.1. North America Drones Market, 2018-2027F (Usd Million)

9.2.4.1.1. Market Overview

9.2.4.1.2. Market Size, 2018-2027F (Usd Million)

9.2.4.1.3. Assessment Of Macroeconomic Factors

9.2.4.1.4. By Market Segmentation

9.2.4.2. Europe Drones Market, 2018-2027F (Usd Million)

9.2.4.2.1. Market Overview

9.2.4.2.2. Market Size, 2018-2027F (Usd Million)

9.2.4.2.3. Assessment Of Macroeconomic Factors

9.2.4.2.4. By Market Segmentation

9.2.4.3. Asia Pacific Drones Market, 2018-2027F (Usd Million)

9.2.4.3.1. Market Overview

9.2.4.3.2. Market Size, 2018-2027F (Usd Million)

9.2.4.3.3. Assessment Of Macroeconomic Factors

9.2.4.3.4. By Market Segmentation

9.2.4.4. Latin America Drones Market, 2018-2027F (Usd Million)

9.2.4.4.1. Market Overview

9.2.4.4.2. Market Size, 2018-2027F (Usd Million)

9.2.4.4.3. Assessment Of Macroeconomic Factors

9.2.4.4.4. By Market Segmentation

9.2.4.5. Middle East & Africa Drones Market, 2018-2027F (Usd Million)

9.2.4.5.1. Market Overview

9.2.4.5.2. Market Size, 2018-2027F (Usd Million)

9.2.4.5.3. Assessment Of Macroeconomic Factors

9.2.4.5.4. By Market Segmentation

10. Competitive Structure

10.1. Detailed Overview

10.2. Assessment Of Key Offerings

10.3. Analysis Of Growth Strategies

10.4. Exhaustive Analysis On Key Finacial Indicators

10.5. Company Profiles

10.5.1. Thales Group

10.5.2. Airbus

10.5.3. Parrot Drones

10.5.4. Saab

10.5.5. Leonardo S.P.A.

10.5.6. Delair

10.5.7. Yuneec

10.5.8. Barnard Microsystems Ltd.

10.5.9. Drone Volt

10.5.10. Ssflyability

10.5.11. Azur Drones

10.5.12. Volocopter Gmbh

10.5.13. Uas Europe Ab.

10.5.14. Lockheed Martin

10.5.15. Elbit Systems Ltd.

10.5.16. Griff Aviation As

10.5.17. Northrop Grumman

10.5.18. Dji

10.5.19. Boeing

10.5.20. Textron Systems

10.5.21. Other Prominent Players

11. Strategic Recommendations

Companies Mentioned

• Thales Group
• Airbus
• Parrot Drones
• SAAB
• Leonardo SPA
• Delair
• Yuneec
• Barnard Microsystems Ltd.
• Drone Volt
• SSLYABILITY
• Azur Drones
• Volocopter Gmbh
• UAS Europe AB
• Lockheed Martin
• Elbit Systems
• Griff Aviation AS
• Northrop Grumma

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