emergen

The global drone service market size was USD 9.60 Billion in 2021 and is expected to register a revenue CAGR of 46.8%, during the forecast period, according to the latest analysis by Emergen Research. Rising demand for drone services for geographical surveillance and time-efficient delivery services, is a major factor driving global drone service market revenue growth. In addition, increasing demand for aerial photography & videography is another factor driving revenue growth of the market. Moreover, rising demand for cost-efficient industrial solutions and increase in need for affordable, easy implementation and high-value-added customized systems for distinct requirements are driving market revenue growth. Drones manufacturers are producing customized drones for various purposes such as warehouse management, capturing, aerial imagery analyzation, logistics, oil & gas, and others. Furthermore, high-quality data is required by companies in agricultural, construction, mining, and other sectors, hence satellites and helicopters were the only sources to rely on to collect photogrammetric and geospatial data to continue business operations

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Key participants include :

Aerodyne Group, AgEagle Aerial Systems Inc., CYBERHAWK, Matternet, Phoenix Drone Services LLC, Terra Drone Corporation, SenseFly, DroneDeploy, Precision Hawk, Sky Futures, Unmanned Experts Inc., and Agribotix LLC.

Covid 19 impact:

This report is the latest document encompassing the massive changes that took place in theDrone Service Market       following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of theDrone Service Market      .. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.

Key Offerings of the Report:

Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects

Analysis of the key strategic initiatives and competitive landscape including mergers & acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others

Comprehensive analysis of the industry outlook and analysis of the industrial chain

Market forecast based on global, regional, and country-level market analysis

Competitive landscape benchmarking

In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business

Segmentation :

Emergen Research has segmented the global drone service based on type, duration, application, end-use, and region:

· Type Outlook (Revenue, USD Billion; 2019–2030)

    • Platform Service
    • Training and Education
    • Maintenance Repair Overhaul
    • Others

· Duration Outlook (Revenue, USD Billion; 2019–2030)

    • Short Duration Service
    • Long Duration Service

· Application Outlook (Revenue, USD Billion; 2019–2030)

    • Remote Sensing and Monitoring
    • Aerial Photography and Filming
    • Mapping & Surveying
    • Spraying & Seeding
    • Transport & Delivery
    • Security, Search, and Rescue
    • Medical Aids
    • Others

 Regional Landscape:

North America is the leading region in the globalDrone Service Market   , owing to the highest demand for Sustainable packaging in this region for food and dietary supplements. Among the North American countries, the U.S. is the leading country in terms of market value. It has the highest demand for Sustainable packaging , given the highest prevalence rate of obesity in the country. Over the forecast years, the demand for Sustainable packaging is projected to rise in the Asia Pacific for the large-scale manufacture of dietary supplements in the region. Moreover, the demand for these fibers is expected to grow in Europe and the Middle East & Africa regions due to their extensive application in the personal care & cosmetics industries in these regions.

The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.

Key Questions Answered in the Report:

What is the growth rate of theDrone Service Market       ? What is the anticipated market valuation ofAutomotive Actuators Market  industry by 2027?

What are the key growth driving and restraining factors of theDrone Service Market       ?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of theAutomotive Actuators Market      industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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