PUBLISHER: KBV Research | PRODUCT CODE: 1642333
PUBLISHER: KBV Research | PRODUCT CODE: 1642333
North America Commercial Drones Market Size, Share & Trends Analysis Report By Product (Rotary Blade, Fixed-wing, and Hybrid), By End-use, By Application, By Country and Growth Forecast, 2024 - 2031
The North America Commercial Drones Market would witness market growth of 10.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Commercial Drones Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,593 million by 2031. The Canada market is expected to witness a CAGR of 12.9% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 12.1% during (2024 - 2031).
Uncrewed aircraft that can perform a variety of tasks autonomously are called drones. They are employed in everything from military operations to commercial purposes. The market has experienced a meteoric rise in recent years, with widespread adoption across a variety of industries due to advancements in technology, regulatory changes, and increasing demand for efficient solutions in logistics, agriculture, surveillance, and beyond.
The applications of commercial drones are vast and diverse, revolutionizing multiple industries by offering faster, safer, and more cost-effective solutions than traditional methods. These gadgets are in great demand in the building and real estate industries since they can scan the property, provide precise and ongoing project notifications, improve safety, and stop dangerous incidents on construction sites. Over the last several years, many more corporate drone use cases have existed. For instance, drone software makers and suppliers constantly develop, test, and improve new products for various applications.
The Mexican government reports that in the third quarter of 2023, the real estate and rental & leasing industries contributed MX$2.66 trillion to the nation's GDP, representing a 5.55% annual growth rate. Due to rising demand for commercial, residential, and industrial real estate, the nation's real estate sector has been growing. Drones also play a significant role in monitoring construction projects, ensuring efficient project management, and helping to reduce costs by providing more accurate and real-time data. The growth in Mexico's real estate and leasing sector is expected to further boost the demand for drones in these industries as developers, real estate agents, and construction firms look for innovative solutions to improve their operations.
Also, drones are revolutionizing aviation, reshaping new businesses while changing old ones, and dramatically expanding the number of commercial and leisure drone pilots using the airspace in Canada as they do in many other nations. The commercial sector in Canada has the chance to become more effective and competitive owing to UAVs. The drone ecosystem in Canada comprises several important drone industry participants, from non-profit organizations and academic institutions to federal agencies and a range of drone businesses. In conclusion, the USA, Canada, and Mexico are poised to see continued growth in the market.
Based on Product, the market is segmented into Rotary Blade, Fixed-wing, and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction, and Other End-use. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- AeroVironment, Inc.
- Intel Corporation
- SZ DJI Technology Co., Ltd.
- EHang Holdings Limited
- Aeronavics Ltd.
- Parrot Drones SAS
- Draganfly Inc.
- Autel Robotics Co., Ltd.
- PrecisionHawk, Inc. (Field Group AS)
- Terra Drone Corporation (Terra Motors Corporation)
North America Commercial Drones Market Report Segmentation
By Product
- Rotary Blade
- Fixed-wing
- Hybrid
By End-use
- Media & Entertainment
- Security & Law Enforcement
- Agriculture
- Energy
- Real Estate & Construction
- Other End-use
By Application
- Filming & Photography
- Mapping & Surveying
- Surveillance & Monitoring
- Inspection & Maintenance
- Precision Agriculture
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Commercial Drones Market, by Product
- 1.4.2 North America Commercial Drones Market, by End-use
- 1.4.3 North America Commercial Drones Market, by Application
- 1.4.4 North America Commercial Drones Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Strategies Deployed in Commercial Drones Market
- 4.1 Porter Five Forces Analysis
Chapter 5. North America Commercial Drones Market by Product
- 5.1 North America Rotary Blade Market by Country
- 5.2 North America Fixed-wing Market by Country
- 5.3 North America Hybrid Market by Country
Chapter 6. North America Commercial Drones Market by End-use
- 6.1 North America Media & Entertainment Market by Country
- 6.2 North America Security & Law Enforcement Market by Country
- 6.3 North America Agriculture Market by Country
- 6.4 North America Energy Market by Country
- 6.5 North America Real Estate & Construction Market by Country
- 6.6 North America Other End-use Market by Country
Chapter 7. North America Commercial Drones Market by Application
- 7.1 North America Filming & Photography Market by Country
- 7.2 North America Mapping & Surveying Market by Country
- 7.3 North America Surveillance & Monitoring Market by Country
- 7.4 North America Inspection & Maintenance Market by Country
- 7.5 North America Precision Agriculture Market by Country
- 7.6 North America Other Application Market by Country
Chapter 8. North America Commercial Drones Market by Country
- 8.1 US Commercial Drones Market
- 8.1.1 US Commercial Drones Market by Product
- 8.1.2 US Commercial Drones Market by End-use
- 8.1.3 US Commercial Drones Market by Application
- 8.2 Canada Commercial Drones Market
- 8.2.1 Canada Commercial Drones Market by Product
- 8.2.2 Canada Commercial Drones Market by End-use
- 8.2.3 Canada Commercial Drones Market by Application
- 8.3 Mexico Commercial Drones Market
- 8.3.1 Mexico Commercial Drones Market by Product
- 8.3.2 Mexico Commercial Drones Market by End-use
- 8.3.3 Mexico Commercial Drones Market by Application
- 8.4 Rest of North America Commercial Drones Market
- 8.4.1 Rest of North America Commercial Drones Market by Product
- 8.4.2 Rest of North America Commercial Drones Market by End-use
- 8.4.3 Rest of North America Commercial Drones Market by Application
Chapter 9. Company Profiles
- 9.1 AeroVironment, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Intel Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 SZ DJI Technology Co., Ltd.
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Partnerships, Collaborations, and Agreements:
- 9.4 EHang Holdings Limited
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Research & Development Expenses
- 9.5 Aeronavics Ltd.
- 9.5.1 Company Overview
- 9.6 Parrot Drones SAS
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.7 Draganfly, Inc.
- 9.7.1 Company Overview
- 9.8 Autel Robotics Co., Ltd.
- 9.8.1 Company Overview
- 9.9 PrecisionHawk, Inc. (Field Group AS)
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
- 9.10. Terra Drone Corporation (Terra Motors Corporation)
- 9.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 2 North America Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 3 North America Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 4 North America Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 5 North America Rotary Blade Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Rotary Blade Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Fixed-wing Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Fixed-wing Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Hybrid Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Hybrid Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 12 North America Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 13 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Security & Law Enforcement Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Security & Law Enforcement Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Agriculture Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Agriculture Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Energy Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Energy Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Real Estate & Construction Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Real Estate & Construction Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Other End-use Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Other End-use Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 26 North America Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 27 North America Filming & Photography Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Filming & Photography Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Mapping & Surveying Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Mapping & Surveying Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Surveillance & Monitoring Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Surveillance & Monitoring Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Inspection & Maintenance Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Inspection & Maintenance Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Precision Agriculture Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Precision Agriculture Market by Country, 2024 - 2031, USD Million
- TABLE 37 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 39 North America Commercial Drones Market by Country, 2020 - 2023, USD Million
- TABLE 40 North America Commercial Drones Market by Country, 2024 - 2031, USD Million
- TABLE 41 US Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 42 US Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 43 US Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 44 US Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 45 US Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 46 US Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 47 US Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 48 US Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 49 Canada Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 50 Canada Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 51 Canada Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 52 Canada Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 53 Canada Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 54 Canada Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 55 Canada Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 56 Canada Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 57 Mexico Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 58 Mexico Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 59 Mexico Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 60 Mexico Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 61 Mexico Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 62 Mexico Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 63 Mexico Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 64 Mexico Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 67 Rest of North America Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 68 Rest of North America Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 69 Rest of North America Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 70 Rest of North America Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 71 Rest of North America Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 72 Rest of North America Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 73 Key Information - AeroVironment, Inc.
- TABLE 74 Key Information - Intel Corporation
- TABLE 75 Key Information - SZ DJI Technology Co., Ltd.
- TABLE 76 Key Information -EHang Holdings Limited
- TABLE 77 Key Information - Aeronavics Ltd.
- TABLE 78 Key Information - Parrot Drone SAS
- TABLE 79 Key Information - Draganfly, Inc.
- TABLE 80 Key Information - Autel Robotics Co., Ltd.
- TABLE 81 Key Information - PrecisionHawk, Inc.
- TABLE 82 Key Information - Terra Drone Corporation
