Global Drones Market to Grow at 12.56% During 2022-2027, Impelled by Development of Next-Generation Smart Variants

June 29, 2020

According to the latest report by IMARC Group, titled “Drones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global drones market size reached US$ 22.1 Billion in 2021. A drone, also known as an unmanned aerial vehicle (UAV), refers to an unpiloted aircraft that can fly autonomously or controlled remotely. It contains various components, including a flight controller, electronic speed controller (ESC), GPS module, battery, antenna and sensors. Drones require a controller, which is used remotely by an operator to launch, navigate and land it using radio waves. Nowadays, drones are used for a variety of applications, ranging from surveillance, search and rescue, firefighting, and traffic and weather monitoring to photography, videography, agricultural research and delivery services.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Drones Market Trends:

Over the past decade, the deployment of drones in the military and defense sector has emerged as one of the most significant factors bolstering the growth of the market. These vehicles help survey lands, provide consistent and reliable topographical data, improve safety and avoid hazardous situations. Besides this, surveillance drones are being utilized to track public activity around hotspot zones during lockdowns imposed to curb the spread of the coronavirus disease (COVID-19). Apart from this, the integration of drones with the internet of things (IoT) has helped farmers to monitor agricultural land and crops, energy companies to survey power lines and operational equipment, and insurance providers to examine properties for claims. Furthermore, reduction in costs and improvements in graphic visualization have led to an increased demand for UAVs in the construction and real estate sectors. Moreover, technological advancements have enabled drone manufacturers to design variants with different shapes, sizes and weights, making them useful across a broader application base. Market players are also focusing on developing next-generation smart drones with built-in safeguards, compliance technology, self-monitoring and accurate sensors. Looking forward, the market is projected to grow at a CAGR of 12.56% during 2022-2027.

Market Summary:

  • Based on the type, the market has been segmented into fixed, rotary and hybrid wings.
  • On the basis of the component, the market has been segregated into hardware, software and accessories.  
  • The market has been categorized based on the payload into <25, 25-170 and >170 kilograms.
  • Based on the point of scale, the market has been bifurcated into original equipment manufacturers (OEM) and aftermarket.
  • On the basis of the end use industry, the market has been divided into construction, agriculture, military and defense, law enforcement, logistics, media and entertainment, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (Germany, France, Italy, the United Kingdom, Russia, Spain and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined with some of the key players being 3D Robotics Inc., AeroVironment, Inc., Birdseyeview Aerobotics, Inc., Delair SAS, DroneDeploy, Inc., Intel Corporation, Parrot SA, Precisionhawk, Inc., SZ DJI Technology Co. Ltd. (iFlight Technology Co. Ltd.), Terra Drone Corporation and Boeing Company.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St Ste R
Sheridan, WY 82801 USA
Tel No:(D) +91 120 433 0800 |
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Drones Market to Grow at 12.56% During 2022-2027, Impelled by Development of Next-Generation Smart Variants
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More