According to DRONEII, the global drone market is anticipated to grow from 26.3 billion U.S. dollars in 2021 to 54.6 billion U.S. dollars by 2030. The drone market is made up of various segments which include defense, enterprise, consumer, public safety, logistics, and passenger.
https://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy
Explore the dynamic landscape of the Military Drone Market, with a valuation exceeding USD 20.21 billion in 2023. Anticipate a robust growth trajectory, projected at a compelling CAGR of approximately 12.21% throughout the forecast period spanning 2025 to 2030.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The North American Drone Market Report is Segmented by Application (Construction, Agriculture, Energy, Law Enforcement, Medical, Parcel Delivery, and Other Applications) and Geography (United States and Canada). The Market Size and Forecasts for Above all Segments are Provided in Terms of Value (USD).
https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy
Worldwide sales of drones are evaluated to climb to US$ 223.66 billion by the end of 2034, up from US$ 29.96 billion in 2024. The global drone market is projected to expand at a remarkable CAGR of 22.3% from 2024 to 2034.
Report Attribute | Detail |
---|---|
Drone Market Size (2024E) | US$ 29.96 Billion |
Projected Market Value (2034F) | US$ 223.66 Billion |
Global Market Growth Rate (2024 to 2034) | 22.3% CAGR |
China Market Value (2034F) | US$ 50.34 Billion |
Canada Market Growth Rate (2024 to 2034) | 24.8% CAGR |
North America Market Share (2024E) | 25.7% |
East Asia Market Value (2034F) | US$ 87.9 Billion |
Key Companies Profiled | Terra Drone Corporation; Intel Corporation; BirdsEyeView Aerobotics; Aeronavics Ltd.; AeroVironment Inc.; PrecisionHawk Inc.; Aeryon Labs Inc.; Parrot Drones SAS. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 7.02 Billion |
Growth Rate (2024 to 2034) | 22.2% CAGR |
Projected Value (2034F) | US$ 52.31 Billion |
Attribute | China |
---|---|
Market Value (2024E) | US$ 7.04 Million |
Growth Rate (2024 to 2034) | 21.7% CAGR |
Projected Value (2034F) | US$ 50.34 Billion |
Category-wise Insights
Attribute | Fixed-Wing Drones |
---|---|
Segment Value (2024E) | US$ 21.08 Billion |
Growth Rate (2024 to 2034) | 23.3% CAGR |
Projected Value (2034F) | US$ 170.95 Billion |
Attribute | Agriculture & Forestry |
---|---|
Segment Value (2024E) | US$ 5.9 Billion |
Growth Rate (2024 to 2034) | 22.8% CAGR |
Projected Value (2034F) | US$ 46.09 Billion |
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Drones Market Report is Segmented by Application (Construction, Agriculture, Energy, Entertainment, Law Enforcement, and Other Applications), Type (Fixed-Wing and Rotary-Wing), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above-Mentioned Segments in Value (USD).
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
As per Cognitive Market Research's latest published report, the Global Civil Drones market size will be $72.41 Billion By 2030. Civil Drones Industry's Compound Annual Growth Rate will be 24.41% from 2023 to 2030.
Rise in the use of civil drones in agricultural sector
Civil drones have gained a lot of popularity among various business areas. The ability of capturing data have opened up wide array of new avenues and applications of civil drones. Agriculturist have started using drones for various purposes. Hence, it is expected to be one of the most significant areas of application for civil drones. In agricultural land, drones are now used for implementing variety of tasks, which include spraying fertilizers, aerial surveillance, crop monitoring, land inspection, mapping, inspecting for damaged or rotting crops, and many more.
Besides, rising use of drones in agricultural areas are opening up new possibilities in order to enhance crop yield which results in reduction in the gap between demand and supply of food.
For instance, India’s agricultural sector has huge room for advanced technological uses. Start-ups are thus trying to change that by encouraging farmers to use drones to monitor the health of crops and spray them with fertiliser and pesticides. This trend has come amid the federal government’s ambitious plan to make India a hub for drones by 2030.
Moreover, drones are been used for research purpose in agricultural sector. Drones can cover broad areas damaged by natural catastrophes to find the reasons and implications of incidents, from infections to insurance claims.
Wide array of civil drone’s uses in various industries: Few decades ago, drones were only used for military purposes. However, some hobbyists and entrepreneurs started using drones for various commercial purposes. There are several new regulations in place, which streamline the process of flying drones for commercial use. Drones are popular among architects and contractors as drones are able to take images and videos of the property to create 3-dimesnional views for prospective clients. Drones are also been used at engineering firms for in-depth projects, such as maintenance inspections, transmission cables, and oil pipelines.
Moreover, drone technology is used to monitor and conserve the environment by keeping a tab on animal populations without disturbing them. They are extensively used in entertainment business for filming. The compact size of drones allows film and television productions to create shots that were previously either impossible, extremely dangerous, or cost-prohibitive to achieve using the aforementioned legacy filming equipment.
Rising demand for drones in the mining sector to propel market growth
Current Trends on Civil Drones:
In the near future, civil drones will be providing jobs for 100,000 Americans. However, lot of work is yet to be done by drone developers to increase civil drone’s market. Currently, the most common drone power option is lithium batteries. However, to transport heavy loads, the power of lithium batteries will not be enough. hence, engineers are now-a-days looking for alternative ways to power drones. The two frontrunners seem to be hybrid electric-gasoline engines and hydrogen engines.
It has been estimated that in no time, businesses will move to the Drone-as-a- service model as cost of commercial drones is comparable to the price of expensive cars. Companies can now hire drones to survey a broad region, keep an eye on crops or livestock, or even build up a temporary mobile network using floating towers. Drones are evolving beyond their military applications and are becoming powerful business tools in consumer market. The global market for civil/commercial drones is increasing at an exponential rate with more and more organizations using this technology for different purposes. Drone is an aircraft without any human pilot, crew, or passengers on board. It consists of an unmanned aircraft system (UAS), which includes adding a ground-based controller and a system of communications.
https://www.nextmsc.com/privacy-policyhttps://www.nextmsc.com/privacy-policy
The Drone Market hit $20.6B in 2023 and is set to soar to $47.6B by 2030.
In 2020, the global enterprise drone market revenue was only four billion U.S. dollars. However, by 2030 the enterprise drone revenue is anticipated to reach 29 billion U.S. dollars. The enterprise market is a fast-growing segment of the drone economy today composed of drone hardware, software, and service companies that create various products for the commercial and industrial applications of drones.
https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy
The global search and rescue drone market is calculated at a value of US$ 3.76 billion in 2024. Worldwide revenue from the sales of search and rescue drones is calculated to rise at a CAGR of 13.6% and reach US$ 13.49 billion by 2034.
Report Attribute | Detail |
---|---|
Search and Rescue Drone Market Size (2024E) | US$ 3.76 Billion |
Forecasted Market Value (2034F) | US$ 13.49 Billion |
Global Market Growth Rate (2024 to 2034) | 13.6% CAGR |
South Korea Market Value (2034F) | US$ 894.1 Million |
Rotary Wing Drone Demand Growth (2024 to 2034) | 13.7% CAGR |
Key Companies Profiled |
Aerialtronics; Draganfly; Drone USA Inc.; C-Astral d.o.o.; DJI; DSLRPros; Skyfront; HPDRONES; Mavtech; UAV Solutions, Inc. |
Country-wise Analysis
Attribute | United States |
---|---|
Market Value (2024E) | US$ 941.6 Million |
Growth Rate (2024 to 2034) | 13.5% CAGR |
Projected Value (2034F) | US$ 3.35 Billion |
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 244 Million |
Growth Rate (2024 to 2034) | 13.4% CAGR |
Projected Value (2034F) | US$ 855.1 Million |
Category-wise Analysis
Attribute | Commercial Drones |
---|---|
Segment Value (2024E) | US$ 1.98 Billion |
Growth Rate (2024 to 2034) | 13.6% CAGR |
Projected Value (2034F) | US$ 7.12 Billion |
Attribute | Fixed Wing Drones |
---|---|
Segment Value (2024E) | US$ 2.32 Billion |
Growth Rate (2024 to 2034) | 13.5% CAGR |
Projected Value (2034F) | US$ 8.25 Billion |
https://www.zionmarketresearch.com/privacy-policyhttps://www.zionmarketresearch.com/privacy-policy
Global Drone Market size was worth approximately USD 30.21 Billion in 2022 and is predicted to gain revenue of about USD 260.5 Billion by 2030, a CAGR of nearly 38.75%.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Target Drones Market size will be USD 4,822.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2025 to 2033.
North America held the major market share for more than 37% of the global revenue with a market size of USD 1784.33 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 1398.53 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 1157.40 million in 2025 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 183.26 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 192.90 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 106.10 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2025 to 2033.
Jet is the fastest growing segment of the Target Drones Market industry
Market Dynamics of Target Drones Market
Key Drivers for Target Drones Market
Advancements in Drone Technology Is Expected To Boost Market Growth
Technological advancements have revolutionized the capabilities of target drones, transforming them into highly sophisticated training and simulation tools. Modern target drones are now equipped with advanced avionics, GPS navigation, real-time telemetry, and onboard sensors that allow them to mimic complex flight patterns and enemy behaviors with remarkable precision. These improvements significantly enhance the realism of training exercises, enabling armed forces to prepare for a wider range of combat scenarios. The Indian government increased incentives for drone manufacturing by 37.5%, allocating ?165 crore over three years. This move aims to reduce import dependency and position India as a global drone hub by 2030. As of 2024, over 400 drone startups operate in the country, with 116 remote pilot training organizations approved by the Directorate General of Civil Aviation (DGCA).
Integration of Artificial Intelligence in Target Drones To Boost Market Growth
The integration of Artificial Intelligence (AI) in target drones marks a transformative leap in military training and threat simulation. AI empowers these drones with autonomous decision-making capabilities, allowing them to simulate complex combat scenarios with greater realism and unpredictability. Unlike traditional drones that follow pre-programmed flight paths, AI-enabled target drones can dynamically adjust their movements based on real-time data, mission parameters, or operator inputs. This allows them to mimic the erratic behavior of enemy aircraft or missiles more accurately, significantly improving the quality of live-fire training exercises. In October 2022, the Indian Navy partnered with the Drone Federation of India to promote indigenous drone development for maritime applications. This collaboration includes establishing a dedicated maritime drone testing site to facilitate faster development and testing.
Restraint Factor for the Target Drones Market
High Operational and Maintenance Costs, Will Limit Market Growth
One of the primary restraints hindering the widespread adoption of target drones is their high operational and maintenance costs. While target drones provide significant value in military training and system testing, the expenses associated with their procurement, operation, and upkeep can be substantial. These costs include not only the initial investment in acquiring advanced drone systems but also the ongoing expenses for fueling, repairs, spare parts, and software updates. For high-performance drones equipped with cutting-edge technologies such as AI, stealth capabilities, and sophisticated sensors, these costs can escalate rapidly. Maintenance becomes even more critical as drones are frequently exposed to harsh environm...
https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy
Sales of drones in Europe have been calculated at a market value of US$ 4.56 billion for 2024. The European market has been forecasted to register a CAGR of 26% and reach a size of US$ 45.96 billion by 2034.
Report Attributes | Details |
---|---|
Drone Sales in Europe (2024E) | US$ 4.56 Billion |
Forecasted Sales (2034F) | US$ 45.96 Billion |
Demand Growth (2024 to 2034) | 26% CAGR |
Rotary Wing Drone Sales (2024E) | US$ 1.31 Billion |
France Market Growth (2024 to 2034) | 25.7% CAGR |
Key Companies Profiled | BAE Systems, Inc.; Pix4D SA; Aerialtronics; Parrot Drone SAS; Flyability; AltiGator; Delair; senseFly SA |
Country-wise Analysis
Attribute | Germany |
---|---|
Market Value (2024E) | US$ 1.08 Billion |
Growth Rate (2024 to 2034) | 24.3% CAGR |
Projected Value (2034F) | US$ 9.55 Billion |
Attribute | United Kingdom |
---|---|
Market Value (2024E) | US$ 684 Million |
Growth Rate (2024 to 2034) | 25.9% CAGR |
Projected Value (2034F) | US$ 6.84 Billion |
Category-wise Analysis
Attribute | Agriculture and Forestry |
---|---|
Segment Value (2024E) | US$ 920.8 Million |
Growth Rate (2024 to 2034) | 26.5% CAGR |
Projected Value (2034F) | US$ 9.64 Billion |
Attribute | Fixed Wing Drones |
---|---|
Segment Value (2024E) | US$ 3.18 Billion |
Growth Rate (2024 to 2034) | 27.1% CAGR |
Projected Value (2034F) | US$ 34.88 Billion |
By 2025, the Asian commercial drone market is expected to be the largest market in the world, reaching the size of about 17.9 billion U.S. dollars. The North American market is expected to rank second with a size of roughly 11.8 billion U.S. dollars.
https://www.factmr.com/privacy-policyhttps://www.factmr.com/privacy-policy
Revenue from the global fixed wing drone market is estimated to reach US$ 8.3 billion in 2024 and has been forecasted to climb to a value of US$ 40.6 billion by the end of 2034, expanding at a CAGR of 17.2% between 2024 and 2034.
Report Attributes | Details |
---|---|
Fixed Wing Drone Market Size (2024E) | US$ 8.3 Billion |
Projected Market Value (2034F) | US$ 40.6 Billion |
Global Market Growth Rate (2024 to 2034) | 17.2% CAGR |
East Asia Market Share (2024E) | 23.6% CAGR |
North America Market Share (2024E) | 34.2% |
Sales through OEMs (2034F) | US$ 20.71 Billion |
Revenue from 25 to 150 Kg Payload Segment (2024E) | US$ 5.45 Billion |
Key Companies Profiled | Alti UAS; Arcturus UAV, Inc.; A-Techsyn; Autel Robotics; AVY; DJI; Bluebird Aero Systems Ltd.; Carbonix; Elroy Air; Height Technologies; Ideaforge; Latitude Engineering; Lockheed Martin Corporation; Quantum-Systems GmbH; Sunbirds; Textron Inc. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 1.38 Billion |
Growth Rate (2024 to 2034) | 17.9% CAGR |
Projected Value (2034F) | US$ 7.16 Billion |
Attribute | China |
---|---|
Market Value (2024E) | US$ 1.17 Million |
Growth Rate (2024 to 2034) | 16.4% CAGR |
Projected Value (2034F) | US$ 5.34 Million |
Category-wise Insights
Attribute | 25 to 150 kg |
---|---|
Segment Value (2024E) | US$ 5.45 Million |
Growth Rate (2024 to 2034) | 18% CAGR |
Projected Value (2034F) | US$ 28.5 Billion |
Attribute | OEMs |
---|---|
Segment Value (2024E) | US$ 4.53 Billion |
Growth Rate (2024 to 2034) | 16.4% CAGR |
Projected Value (2034F) | US$ 20.7 Billion |
https://www.techsciresearch.com/privacy-policy.aspxhttps://www.techsciresearch.com/privacy-policy.aspx
The global drone market is anticipated to grow at a CAGR of 17.99% during the forecast period to reach USD96.00 billion by 2027.
Pages | 263 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Anti-Drone Market Report is Segmented by Application (detection (RADARs and Other Sensors), Jamming, and Disruption), Vertical (defence, Airports, and Other Critical Infrastructures), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America). The Report Offers Market Size and Forecasts for all the Above Segments in Value (USD).
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
As per Cognitive Market Research's latest published report, the Global Smart Commercial Drone market size will be $16.90 Billion by 2030. Smart Commercial Drone Industry's Compound Annual Growth Rate will be 22.5% from 2023 to 2030. Factors Impacting on Smart Commercial Drone Market
Advances in drone technology and its wide range of applications in various industries including agriculture, transportation and logistics, oil & gas, construction, etc., are the primary factors driving the demand for smart commercial drones. In addition, the growing e-commerce industry demand for fast and efficient delivery solutions. The high penetration of the internet and smart devices creates high pressure on logistics and transportation. Smart commercial drones have high potential solutions for last-mile deliveries, driving demand for drones in the logistics and transportation industries. The development of sophisticated sensors and software has made drones more efficient, accurate, and safe which creates new opportunities for drone applications in various industries. Introduction of Smart Commercial Drone
Smart commercial drones also refer to professional drones as drones used for work and different tasks. These drones consist of smart motors, improved onboard processors and software, precise sensors, and built-in compliance technologies that provide safe and effective flight control for different operations like transportation and logistics. In addition, these drones are equipped with various sensors, such as high-resolution cameras, LiDAR, thermal imaging cameras, and other sensors that enable them to collect and transmit data in real time.
https://www.expertmarketresearch.com/privacy-policyhttps://www.expertmarketresearch.com/privacy-policy
The global military drone market size reached a value of around USD 14.22 Billion in 2024. The market is expected to grow at a CAGR of 9.50% between 2025 and 2034, reaching a value of USD 35.24 Billion by 2034. The growing advancements in technology and need for defense, unmanned aerial vehicles are propelling the military drone market forward. By conducting targeted strikes, surveillance, and reconnaissance, the military drone section improves its tactical capabilities while lowering personnel risks. Manufacturers can produce advanced drones with improved flight performance, payload, and range thanks to ongoing and rapid developments through R&D activities.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Europe Commercial Drones Market is Segmented by Application (Construction, Agriculture, Energy, Law Enforcement, Medical, Parcel Delivery, and Other Applications) and Geography (United Kingdom, France, Germany, Russia, Spain, and the Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
The global underwater drone market size reached USD 4.40 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 9.34 Billion by 2033, exhibiting a growth rate (CAGR) of 8.29% during 2025-2033. The expanding applications in marine research, defense, and commercial sectors, rapid technological advancements, rising demand for underwater exploration, surveillance, and environmental monitoring, coupled with the emergence of underwater tourism and rental services and the increasing investments and collaborations, are fueling the market expansion.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 4.40 Billion |
Market Forecast in 2033 | USD 9.34 Billion |
Market Growth Rate (2025-2033) | 8.29% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the type, product type, propulsion system, and application.
According to DRONEII, the global drone market is anticipated to grow from 26.3 billion U.S. dollars in 2021 to 54.6 billion U.S. dollars by 2030. The drone market is made up of various segments which include defense, enterprise, consumer, public safety, logistics, and passenger.