The global drone services market size is predicted to reach USD 67.43 billion by 2026. The rising necessity for monitoring system to maintain the food supply chain in agriculture will uplift the market share during the forecast period. Moreover, the increasing technological advancement in unmanned vehicle aircraft will subsequently create new business opportunities for this market in the forthcoming years, mentioned in a report, titled “Drone Services Market Size, Share and Industry Analysis, By Type (Fixed-wing and Rotary-wing), By Application (Aerial Photography, Delivery & Pick up, Surveillance & Inspection, Data acquisition & Analytics, and Remote Sensing & Environment Monitoring), By End-use Industry (Agriculture, Homeland Security, Oil & Gas, Logistics, Infrastructure, Media & Entertainment and Others), and Regional Forecast,2019- 2026” the market size stood at USD 4.23 billion in 2018 and is predicted to exhibit an excellent CAGR of 41.34% between 2019 to 2026.

 

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

 

Get Sample PDF Brochure (Includes COVID-19 Impact Analysis):

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/drone-services-market-102682

 

The Report Lists the Main Companies in the Drone service Market

  • Aerodyne Group.
  • Cyberhawk
  • Hemav
  • Matternet
  • Measure
  • Sky-Futures
  • Skylark Drones
  • Terra Drone
  • Verity Studios
  • Zipline

 

Agreement between Terra Drone Japan and Plimsoll UAV to Propel Market

Terra Drone, a leading commercial drone services company with headquarters in Japan t and Plimsoll UAV together signed announced to sign an agreement for a joint venture called Terra Drone Brazil. The deal between the companies will enrich the updated technical know-how of 3D surveying and hard & soft technology to enhance the wide network in Brazil that has been established by Plimsoll UAV. Moreover, the partnership can be an essential factor in augmenting the drone services market growth during the forecast period owing to the trailblazing technology, which help offer benefits as per the needs, thus distributing world-class service to the customers in Brazil.

Additionally, the deal will also improve the technical solutions for O&G industries in Brazil, while also extending its exploration in utility networks, cell towers, and mining through the usage of geographic information system (GIS). In addition, the growing number of partnerships and colorations among eminent players will have a positive impact on the drone services market trends in the foreseeable future. For instance, in May, 2018, Sky-Futures Ltd. collaborated with the prominent companies such as NATS a UK based company to provide commercial drone private training. The Sky Futures Ltd also partnered with an inspection service provider Bureau Veritas to manage and operate in Europe.

 

Competitive Landscape:

Introduction of Drone Solutions by DroneDeploy to Foster Growth

DroneDeploy, a leader in cloud-based drone software services announced the launch of a single program for all drone operations. The company unveiled automated drone fleet management, enhanced workflow integrations, a low-altitude inspection mode, and advanced analytic capabilities in the launch. The initiation of innovative drone solutions by DroneDeploy will stimulate healthy growth of the market during the forecast period owing to the one stop solutions for all drone operations. Furthermore, DroneDeploy Chief Executive Officer and co-founder Mike Winn, said in a statement, “Today’s product launch is a reflection of the demand from our customers for a complete enterprise-grade drone operating system. We have customers with fleets of 100+ drones looking for a single enterprise platform for their entire drone program, and we believe this launch will reshape how they manage their drone operations and data.

 

Regional Analysis:

Existing Drone Manufacturers to Augment Growth in North America

The market in North America generated a revenue of USD 1,464.9 million and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the presence of prominent market players and OEMs. Moreover, the growing deployment of drones in military operations will encourage healthy growth of the market in North America. Asia Pacific is predicted to hold the largest share in the market owing to the demand for commercial drone services in India and China. The presence of Terra Drone, Skylark Drone and Australian UAV will further create opportunities for the market in Asia Pacific. The increasing investment in infrastructure, construction and logistics sector will spur opportunities for drone services market in the Middle East in the forthcoming years.

 

KEY INDUSTRY DEVELOPMENTS:

  • Jul 2019 – DroneDeploy, headquartered in California, the U.S. announced launch of single enterprise solution platform for all drone operations. This will enhance work flow, integration of data analytics and inspection mode.
  • February 2018 – PrecisionHawk, Inc., headquartered in Raleigh, North Carolina, U.S., announced the acquisition of Uplift Data Partner. The Uplift is specialized in inspection services to the construction and building information management (BIM) and real estate.

 

Browse Summary of This Research

 

View other Related Reports:

https://www.exol.click/blogs/post/10280

https://whatchats.com/read-blog/1472

https://www.soft-clouds.com/wall/blogs/post/652

http://forum.winnerinter.co.id/forum_21/home.php?mod=space&uid=75284&do=blog&quickforward=1&id=2495

https://invlad.ru/read-blog/4443

https://articlepress.xyz/aerospace-robotics-market-business-status-by-top-key-companies-industry-key-challenges-due-to-coronavirus-outbreak-fortune-business-insights/

https://www.muamat.com/classifieds/88/posts/1/98/41059821.html

https://www.qq1.link/blogs/post/10292

 

 

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

 

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

 

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

 

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

 

Read Press Release: 

https://www.fortunebusinessinsights.com/press-release/drone-services-market-9821 

 

 

By Emelia Murison

Emelia Murison is a freelance writer and editor with a passion for innovation and technology. She covers breaking industry news, #SpaceForGood, and product reviews for the group. She also provides copywriting services to startups around the world – one of which introduced her to the world of Aerospace.

Leave a Reply

Your email address will not be published. Required fields are marked *