U.S. Commercial Drones Market Statistics 2030 -
The U.S. commercial drones market was valued at $899.6 million in 2020, and is projected to reach $3,755 million by 2030, registering a CAGR of 15.8% from 2021 to 2030.Drones are special type of aircrafts that have the capability to fly autonomously with the help of an embedded program or which can be remotely operated from ground by a pilot. Commercial drones are unmanned aerial aircrafts that are designed for commercial applications such as risk mitigation, resource planning, research & excavation, urban planning, engineering, farming management, tourism, aerial imaging, LiDAR applications, cargo management, weather monitoring, traffic control, green mapping, and others. These applications are utilized by several sectors such as agriculture and environment, media & entertainment, energy, government, and others, as business solutions.
Factors such as technologically advanced products, promising growth rate of the drone market and increased market for location-based services supplements the growth of the market during the forecast period. However, the factors such as privacy and security concerns and high-resolution satellite imagery, act as a barrier for the growth of the market across the country. Moreover, the factors such as increased application areas for GPS, LiDAR, mapping services, & others and increase in smartphone market, create ample opportunities for the growth of the market across the country.
The U.S. commercial drones market has been segmented on the basis of type, application and function. By type, the market has been segmented into fixed wing drones, rotary blade drones and hybrid drones. By application, the market has been segmented into agriculture & environment, media & entertainment, energy, government, construction & archaeology and others. By function, the market has been segmented into connectivity, services and solutions.
The key players profiled in the U.S. commercial drones market are AeroVironment Inc., American Robotics Inc., Aeryon Labs Inc., Insitu Inc., Leptron Unmanned Aircraft Systems, Inc., PrecisionHawk Inc., Trimble Inc., 3D Robotics, GoPro Inc. and Skydio.
Technologically advanced products
There has been a rise in the demand for commercial drones due to their advanced features such as high resolutions cameras and advanced sensors systems. This has enabled key industry players to improve their product portfolio with advanced technologies. Some of the popular drone cameras with advanced sensors are Aeryon HDZoom30 by Aeryon Labs Inc., SAFIRE series by FLIR Systems, Inc., Zenmuse Series by SZ DJI Technology Co., Hero Series by Go Pro, Inc., which have advanced features such as micro four thirds system, voice control mechanism, shortwave infrared (SWIR) sensors, and others. Moreover, companies such as Elbit Systems Ltd., GoPro, Inc., Israel Aerospace Industries Ltd., FLIR Systems, Inc., Aeryon Labs Inc., and others have advanced products in their UAV segment.
For instance, Mantis i45 uses ultra-high-resolution EO and IR imagers, latest low-light camera, and high-power illuminator and is equipped with on-board facility for high-definition video storage and an on-board image processor. FLIR Systems, Inc. is one of the leading developers of thermal imaging cameras and other drone sensor systems such as SAFIRE series, MERLIN intelligence suite, Corona 350, and others that are used for UAS. GoPro, Inc. develops the most differentiated range of cameras and mounting accessories such as Hero camera that contains voice control and advanced video stabilization feature. Continuous innovation and introduction of cost effective products is expected to further stimulate the market growth.
By Type
Fixed Wing Drones is projected as the most lucrative segments
Promising growth rate of the drone market
The factors such as technological advancements in the industry and increased application areas such as precision agriculture, aerial imaging, cargo management, traffic monitoring, and others trigger the growth of drone market. Although the market is currently in initial growth stage, it is expected to generate high demand in the next few years. According to the recent report released by Federal Aviation Administration, the global sales of drones has crossed approximately 7 million units by 2020. Moreover, the industry has witnessed the entry of a number of new firms in the market such as Lily Robotics Inc. (2013), SkySafe (2015), and others. In addition, drone manufacturers are funded to develop advanced products which also creates wider scope for the growth of the market during the forecast period.
Privacy & security concerns
Aerial imaging, green mapping, LiDAR, GIS services and other such applications are concerned with capturing landscape information including photographs and imagery solutions through drones with the help of EO/IR and other systems. To protect the private space of public and issues related with national security, governments of various nations have formulated laws, which restrict the growth of this market. For example, in the North American market, Federal Aviation Administration (FAA) has stated that UAVs can fly only up to 500 ft. above ground level and not allowed in the radius of 3 miles around airports or flying strips. Moreover, they are not allowed to violate any privacy acts, security laws, and cannot invade flight restricted and National Oceanic & Atmospheric Administration (NOAA) zones. However, regulations stated by FAA and other governments are still under development, hence, no proper regulatory framework is defined for this market.
By Application
Energy is projected as the most lucrative segments
Increased application areas for GPS, LiDAR, mapping services & others
Growth of the commercial drone market is supported by increased applications among various sectors such as green netting, estimation of crop health in a particular area, estimation of soil productivity and chemically affected areas, GIS services, conservation of forests, water resource management in agriculture & forestry, and others. Energy & resource management uses drones for estimation of land cover maps, vegetation maps, soil maps, and geology maps.
Drones are swiftly gaining popularity among farmers due to the increasing demand for real-time crop monitoring, and field surveillance. Trimble UX5 and eBee Ag are some of the highly advanced drones used in agriculture. These offer high data accuracy, reverse thrust for precise landing, and high image capturing quality. In civil engineering, drones are required for resource mapping, evaluation of geological information, and estimation of suitable conditions for building planning and construction activities. In addition, the media & entertainment, insurance and tourism industries have wide area of application for the commercial drone market.
By Function
Connectivity is projected as the most lucrative segments
Covid-19 Impact Analysis
- COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human.
- The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany.
- The dramatic change in passenger behavior that followed the COVID-19 crisis, travel constraints, and the subsequent economic crunch caused an intense fall in demand for airline services globally. With the increasing number of active cases across different locations, containment zones were made where the infected people were isolated.
- The introduction of drones at this time of crisis is reducing the risk of infection among police officials and other staff, as drones enable monitoring of vast area without physical engagement.
- However, the use of drones for surveillance raises a debate about privacy and individual rights on mainstream media as well as social media platforms. Conversely, this did not create any sort of impact on the usage of drones.
Key Benefits For Stakeholders
- This study presents analytical depiction of the U.S. commercial drones market analysis along with current trends and future estimations to depict imminent investment pockets.
- The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the U.S. commercial drones market with a detailed impact analysis.
- The current market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- The Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
U.S. Commercial Drones Market Report Highlights
| Aspects | Details |
 By Type |
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 By Application |
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 By Function |
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 Key Market Players | Leptron Unmanned Aircraft Systems, Inc., Aeryon Labs Inc., PrecisionHawk Inc., AeroVironment Inc., American Robotics Inc., Trimble Inc., KEY PLAYERS, Insitu Inc.,, GoPro Inc., 3D Robotics, Skydio |
Analyst Review
The growth of the U.S. commercial drones market is driven by numerous developments & growth strategies carried out by the top service providers operating across the industry. The leading companies stated that the U.S. commercial drones market is expected to witness significant growth in the future owing to the increased application of drones across different industries. In addition, the U.S. commercial drones market is expected to remain influenced by the developments carried out by the key players followed by continuous advancements in drone technology and related component technology such as sensors, cameras, computing power and others.
Surge in adoption of smartphones, rise in demand for aerial services, and increased demand for drone services from various sectors are expected to supplement the growth of this market. Leading players are aiming to explore new technologies and applications to meet the growing demands from customers. Collaborations and acquisitions are expected to enable them to enhance their product portfolios and expand into different geographies. Emerging economies are expected to provide opportunity for growth and expansion.
Vendors are developing specialized solutions for small and medium-sized businesses to meet their specific business requirements. Stringent government regulations regarding national security and satellite imagery as a substitute option are expected to hamper the market growth. Another possible restraint is the increasing adoption of satellite imagery that can limit the growth of the commercial drone market across the country.
The U.S. commercial drones market was valued at $899.6 million in 2020, and is projected to reach $3,755 million by 2030, registering a CAGR of 15.8% from 2021 to 2030
Energy & construction sectors are the target markets for commercial drones across the U.S.
The sample for U.S. comemrcial drones market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report
The key players profiled in the U.S. commercial drones market are AeroVironment Inc., American Robotics Inc., Aeryon Labs Inc., Insitu Inc., Leptron Unmanned Aircraft Systems, Inc., PrecisionHawk Inc., Trimble Inc., 3D Robotics, GoPro Inc. and Skydio
Commercial drones are used in numerous applications such as agriculture & environment, media & entertainment, energy, government, construction & archaeology
The company profiles of the top market players of U.S. commercial drone market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the U.S. commercial drone market
Introduction of AI based and self propelled drones are the recent deve;lopments carried out in the commercial drones industry across the U.S.
Companies such as AeroVironment Inc., Aeryon Labs Inc., 3D Robotics, GoPro Inc. and others holds considerabkle market share in the U.S. commercial drones market
Introduction of AI based and self propelled drones are the recent deve;lopments carried out in the commercial drones industry across the U.S.
The U.S. commercial drones market was valued at $899.6 million in 2020, and is projected to grow at a CAGR of 15.8% from 2021 to 2030.
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