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The global drones market was valued at US$ 22.1 Billion in 2021.
We expect the global drones market to exhibit a CAGR of 12.56% during 2022-2027.
The introduction of advanced drone models with thermal sensors and night vision cameras for several
commercial purposes, is primarily driving the global drones market.
The sudden outbreak of the COVID-19 pandemic has led to the rising demand for drones in the
healthcare sector for rapid delivery of medical supplies, vaccines, drugs, etc.
Based on the type, the global drones market can be segmented into fixed wing, rotary wing, and hybrid.
Currently, fixed wing drones hold the majority of the total market share.
Based on the component, the global drones market has been divided into hardware, software, and
accessories. Among these, hardware exhibits a clear dominance in the market.
Based on the payload, the global drones market can be categorized into <25 kilograms, 25-170
kilograms, and >170 kilograms. Currently, <25 kilograms account for the majority of the global market
Based on the point of sale, the global drones market has been segregated into Original Equipment
Manufacturers (OEM) and aftermarket, where Original Equipment Manufacturers (OEM) currently hold
the largest market share.
Based on the end-use industry, the global drones market can be bifurcated into construction,
agriculture, military and defense, law enforcement, logistics, media and entertainment, and others.
Among these, the military and defense industry currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global drones market include 3D Robotics, AeroVironment Inc,
Birdseyeview Aerobotics Inc., Delair SAS, DroneDeploy Inc., Intel Corporation, Parrort SA, Precisionhawk
Inc., SZ DJI Technology Co. Ltd. (iFlight Technology Co. Ltd.), Terra Drone Corporation, The Boeing
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