DRONE INDUSTRY INSIGHTS

• Global drone market size is forecast to reach US$54.6 billion by 2030, with the commercial market growing at a 7.7% CAGR.
• By segment: Drone services will remain the biggest segment but Hardware will grow the fastest.
• By industry vertical: Top industry for applications is Energy; Meanwhile Cargo, Courier Services, Intralogistics and Warehousing holds the highest CAGR.
• By application method: Mapping & Surveying is and will remain the top drone application, followed by Inspection as well as Photography & Filming.
• By region and country: The commercial drone market is led by Asia thanks to China and Japan; Middle East & Africa (MEA) will grow fastest.

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• By 2030, the commercial drone market is expected to reach US$54.6 billion, growing at a rate of 7.7% CAGR.
• The top industries for drone applications are Energy, Construction, and Agriculture.
• The most popular application methods are: Drone Mapping & Surveying, Drone Inspections, and Drone Photography & Filming.
• The biggest vertical, Energy (Utilities), boasts the greatest variety of use cases. Like in all other industry verticals, drones help reduce time and costs while improving result quality and worker safety.

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• The global drone market size is projected to reach US$54.6 billion by 2030, with the commercial market growing at a 7.7% CAGR.
• Drone use in agriculture is set to grow from US$3.6 billion in 2023 to a market worth US$5.7 billion by 2030
• Agricultural drones are already being used in all sub-industries: animal production, crop production, fishery & hunting, and forestry
• Some specific and unique drone applications in agriculture involve tree counting, mangrove restorations, crop spraying, hemp health analysis, and much more.
• The top manufacturers of agricultural drones include DJI (China), XAG (China), Garuda Aerospace (India), Yamaha (Japan),  IO TechWorld (India), TopXGun (China), Eagle Brother (China), and Xmobots (Brazil).

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• The global drone market size is projected to reach US$54.6 billion by 2030, with the commercial market growing at a 7.7% CAGR.
• Drone use in construction is set to grow from US$4.8 billion in 2023 to a market worth US$6.2 billion by 2030
• Construction drones are already being used in sub-industries such as the construction of buildings and civil engineering projects (e.g. highways, bridges, dams)
• Some specific and unique drone applications in construction involve topographic surveys and 3 reconstruction of slopes, live video streams of ongoing projects, security guarding of sites, and much more.
• The top manufacturers of agricultural drones include DJI (China), Parrot (France), Autel Robotics (China), MMC (China), Microdrones (Germany), Wingtra (Switzerland), Percepto (Israel), and American Robotics (USA).

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• The latest drone regulations pave the way for more BVLOS, OOP and at-night operations
• Both the FAA and EASA have continued to develop and implement path-leading regulations for drone technology
• International drone standards for basic and advanced operations will take effect in the next 5 years to allow for better leveraging of drone technology
• Regulators in several countries besides the FAA and EASA will look to implement new rules to allow for more drone operations to take place

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• Investment trends since 2010 and through all of 2023
• Data broken down into TWO databases:
  • Drones: List of 1,680+ drone investments, 1,280+ partnership deals,18 drone stocks and investment trends since 2010
  • AAM: List of 130+ AAM investments, 260+ partnerships, 8 AAM stocks, and investment trends since 2015
• Breakdown of drone investments by segment (hardware, software, services), market (drones, eVTOL, counter-drone), deal type (seed, early-stage, post-IPO, M&A, etc), and series (A, B, C, D)

Information on partnerships between drone companies and non-drone companies