Commercial Drone Market Size, Share, Sector-Wise Growth Trends & Competition Study by 2032
The global commercial drone market was worth about USD 13.86 billion in 2024, and it's expected to grow rapidly reaching around USD 65.25 billion by 2032. This means the market will grow at a strong rate of 20.8% every year between 2025 and 2032.
Drones, also called unmanned aerial vehicles (UAVs), are flying machines equipped with cameras and sensors. Today, businesses from different industries are increasingly using drones because of their many benefits in tasks like delivery, mapping, monitoring, surveillance, and even passenger transport like air taxis. On top of that, many companies are investing heavily in drone technology and startup businesses to expand their drone services. All these factors together are driving the fast growth of the commercial drone market, according to a report by Fortune Business Insights titled “Commercial Drone Market, 2025-2032.”
Know More Information:
https://www.fortunebusinessinsights.com/commercial-drone-market-102171
List of Major Key Players Mentioned in the Report:
- 3D Robotics, Inc. (U.S.)
- Aeronavics Ltd. (New Zealand)
- AeroVironment Inc. (U.S.)
- Autel Robotics (China)
- Ehang Holdings Limited (China)
- FLIR Systems, Inc. (U.S.)
- Teal Drones (U.S.)
- Holy Stone (China)
- Intel Corporation (U.S.)
- AgEagle Aerial Systems Inc. (U.S.)
- Parrot Group (France)
- PrecisionHawk, Inc. (U.S.)
- Skydio, Inc. (U.S.)
- SZ DJI Technology Co., Ltd. (China)
- Yuneec Holding Ltd (China)
Segments:
Small Drones Under 2kg are Most Popular
When it comes to weight, drones are divided into three types — less than 2kg, between 2kg to 25kg, and between 25kg to 150kg. Among these, the smaller drones (under 2kg) were the most popular in 2022. This is because lightweight drones are widely used in photography, filmmaking, mapping, inspections, and surveys.
Remote Controlled Drones are in High Demand Because They’re Easy to Use
Based on technology, drones are categorized as fully autonomous (self-flying), semi-autonomous, and remote operated (controlled by humans). In 2022, remote-operated drones dominated the market because they are simple to use and cost less than other advanced types.
Hardware Segment Leads Due to Rising Use of Medical Drones
In terms of components, the market is divided into hardware (physical parts like engines, cameras, and frames) and software (programs and controls). In 2022, hardware accounted for the biggest share, mainly because medical drones were heavily used during the COVID-19 pandemic to deliver medicines and vaccines, especially in remote areas.
Drones for Filming & Photography are Most in Demand
Looking at how drones are used, the most common purpose in 2022 was for filming and photography. This is largely because many affordable and high-quality drones like DJI Mavic 2 Zoom, PowerVision PowerEgg, and Autel EVO II are easily available in the market, encouraging more people and businesses to use them.
Market by Region
Geographically, the drone market is spread across North America, Europe, Asia Pacific, and the Rest of the World.
Report Coverage:
This report gives a clear picture of what’s driving the growth of the commercial drone market, what challenges it’s facing, and what future opportunities and risks lie ahead. It breaks down the market into different segments and regions to help understand how each part is performing. The report also highlights how much market share each segment and region holds. Additionally, it covers the latest activities, innovations, and strategies of the leading companies in the drone industry.
Drivers and Restraints:
How Technology is Helping the Drone Market Grow
New advancements in technology — like better cameras, processors, mobile hardware, and computing systems — have made commercial drones much smarter and more capable. These upgrades now allow businesses to use drones for things like measuring distances, areas, and volumes more accurately.
Because of this, many companies around the world are looking to use Artificial Intelligence (AI) and Machine Learning (ML) with their drones. These smart technologies help them analyze large amounts of data quickly and get more accurate results, which is boosting the demand for drones.
Challenges Slowing Down the Market
However, there are still some challenges holding the market back. These include:
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A shortage of skilled drone pilots
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Lack of proper infrastructure to support drone operations
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Different air traffic rules in different countries, making it hard to manage drones smoothly everywhere
These factors could slow down the growth of the drone market in the coming years.
Regional Insights of the Commercial Drone Market
In 2022, North America held the largest share of the commercial drone market. This was mainly because the U.S. is home to many top drone manufacturing companies and there’s a growing use of drones across different industries. In fact, according to the Federal Aviation Administration (FAA), there were about 872,694 registered drones in the U.S. by May 2021.
In Europe, the commercial drone market is expected to grow well in countries like France, the U.K., and Germany. This is due to the increasing use of drones in various business activities.
Meanwhile, the Asia Pacific region is also set to see strong growth in the coming years. This is because more drone manufacturers and operators are emerging in countries like China, Japan, and India. Additionally, governments and companies in this region are investing heavily in drone technology, which is further driving market growth.
Competitive Landscape:
Big Companies are Teaming Up to Grow Their Market Share
Top companies in the drone industry are always looking for smart ways to increase their profits and stay ahead of the competition. One common strategy is partnering with other companies to develop new products or improve existing technologies.
For example, in October 2021, FIXAR — a well-known commercial drone manufacturer — partnered with Paras Aerospace to sell its drones in India. This exclusive partnership allows FIXAR to offer its advanced and affordable drones, like the FIXAR INDOOR and FIXAR 007, to Indian customers. Collaborations like these help companies expand their reach and meet the growing demand for drones in different parts of the world.
Key Industry Development:
February 2022 – Zain Group, a telecom company from Kuwait, has signed an agreement with Saudi Arabia to work together on developing drone technology. This partnership is an important step for Saudi Arabia as it looks to reduce its heavy dependence on oil and gas for its economy. Since a large part of Saudi Arabia’s income comes from oil exports, investing in drone technology will help the country create new business opportunities and support its goal of building a more diverse and modern economy.
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