Product Code: MCP11034
What`s New for 2023?
»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
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Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Civilian Drones Market to Reach $39.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Civilian Drones estimated at US$14.2 Billion in the year 2022, is projected to reach a revised size of US$39.7 Billion by 2030, growing at aCAGR of 13.7% over the period 2022-2030. Commercial Drones, one of the segments analyzed in the report, is projected to record 12.2% CAGR and reach US$20.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Personal Drones segment is readjusted to a revised 15.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 13.1% CAGR
The Civilian Drones market in the U.S. is estimated at US$4.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 12% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.
Select Competitors (Total 44 Featured) -
- 3D Robotics, Inc. (3DR)
- Aeronautics
- AeroVironment, Inc.
- Aeryon Labs Inc.
- Airware
- Aurora Flight Sciences
- CybAero AB
- DJI
- DroneDeploy
- Ehang
- Parrot Drones SAS
- PrecisionHawk Inc.
- Thales Group
- Trimble Navigation Ltd.
- XAG Co., Ltd. (Xaircraft)
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Civilian Drones - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for Civilian Drones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 2: World 8-Year Perspective for Civilian Drones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- TABLE 3: World Recent Past, Current & Future Analysis for Personal Drones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 4: World 8-Year Perspective for Personal Drones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Commercial Drones by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 6: World 8-Year Perspective for Commercial Drones by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- TABLE 7: World Civilian Drones Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- TABLE 8: USA Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 9: USA 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- CANADA
- TABLE 10: Canada Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 11: Canada 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- JAPAN
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- TABLE 12: Japan Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 13: Japan 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- CHINA
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- TABLE 14: China Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 15: China 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- EUROPE
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- TABLE 16: Europe Recent Past, Current & Future Analysis for Civilian Drones by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- TABLE 17: Europe 8-Year Perspective for Civilian Drones by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- TABLE 18: Europe Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 19: Europe 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- FRANCE
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- TABLE 20: France Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 21: France 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- GERMANY
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- TABLE 22: Germany Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 23: Germany 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- ITALY
- TABLE 24: Italy Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 25: Italy 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- UNITED KINGDOM
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- TABLE 26: UK Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 27: UK 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- REST OF EUROPE
- TABLE 28: Rest of Europe Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 29: Rest of Europe 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- ASIA-PACIFIC
- Civilian Drones Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- TABLE 30: Asia-Pacific Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 31: Asia-Pacific 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
- REST OF WORLD
- TABLE 32: Rest of World Recent Past, Current & Future Analysis for Civilian Drones by Segment - Commercial Drones and Personal Drones - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- TABLE 33: Rest of World 8-Year Perspective for Civilian Drones by Segment - Percentage Breakdown of Value Sales for Commercial Drones and Personal Drones for the Years 2023 & 2030
IV. COMPETITION