Drone Market

Drone Market in terms of revenue was worth USD 23.1 Billion in 2022 and is expected to reach USD 46.5 Billion in 2029, growing at a CAGR of 12.27% from 2022 to 2029.

An aircraft without any human pilot, crew or passengers onboard is nothing but the A drone which is also known as unmanned aerial vehicles (UAV). These Drones or unmanned flying systems are capable to carry different devices or sensors based on the type of their missions such as photographic, sound, chemical and biological devices. Drones can be clustered into categories such as fixed-wing, tilt-rotor, flapping wing, rotary-wing, helicopter, ducted fan, ornithopter and unconventional types. These Drones have a variety of abilities for both military and civilian utilization. These abilities have resulted in the integration of drones into civil practices along with the demand for new unmanned technologies. For example, drones are utilized in a vast range of civilian applications such as surveillance, search and rescue, weather monitoring, firefighting, surveying, power infrastructure monitoring and urban planning & management. Drones have also been used in building environment monitoring & urban traffic monitoring, ecological & environmental monitoring, species distribution modeling, population ecology, and ecological monitoring & conservation. It has other applications also which include archeology & cultural heritage, human & social understanding, personal, business drones for photography & videography and even also for delivery services.

A flying drone is an aircraft without human pilot aboard, earning their alternative name as unmanned aerial vehicles (UAV). Drones are robots typically remotely controlled by a pilot, through fully autonomous drones are in the last stages of development. Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative technology launch in the Drone industry.

Drone Companies

• Northrop Grumman
• DJI
• General Atomics Aeronautical Systems
• Thales
• 3DR
• Boeing
• Lockheed Martin
• Israel Aerospace Industries
• BAE System
• AeroVironment Inc. (U.S.)
• General Dynamics Corporation (U.S.)
• Denel Dynamics (South Africa)
• Aurora Flight (U.S)
• Draganfly (Canada)
• Elbit Systems Ltd. (Israel)
• Terra Drone Corporation
• Intel Corporation
• BirdsEyeView Aerobotics
• Parrot Drones SAS
• Yuneec
• Delair SAS
• Skydio
• Pix4D
• ESRI
• 4 Front Robotics
• Zerotech
• Xiaomi Inc.
• Xag Co. Ltd.
• Turkish Aerospace Industries Inc.
• Uconsystem Co. Ltd.
• Wingtra AG
• Sz Dji Technology Co. Ltd.
• Milrem Robotics
• Safran S.A.
• Textron Inc.

Drone Market Segmentation 

By Category

• Commercial Drones
• Consumer Drones
• Military Drones

By Range Of Flight

• less than 10 km
• 10 Km - 20 Km
• 20 Km - 30 Km
• More than 30 km

By Drone Size

• Nano (<250 grams)
• Micro (250 grams to 2 Kg)
• Small (2 Kg to 25 kg)
• Medium (25 Kg to 150 kg)
• Large (Above 150kg)

By Drone Type

• Single-Rotor Drones

• Multi-Rotor Drones

  • Quadcopters
  • Hexacopters
  • Octocopters
  • Other
• Fixed-Wing Drones
• Fixed-Wing Hybrid VTOL Drones
• Others

By Application

• Security Drones
• Drones for Delivery
• Drones for Emergency Rescue
• Drones in Agriculture
• Drones in Outer Space
• Drones for Wildlife and Historical Conservation
• Drones in Medicine
• Drones for Photography
• Others

By Sales channel

• OEMs

• Aftermarket

  • Online Stores

    • Direct to Consumer
    • Third-Party Online
  • Modern Trade Channels
  • Electronic Stores
  • Franchised Stores
  • Independent Stores
  • Others

Some of the Major Trends of the Global Drone Market are as:

a) DJI Mavic 2 Pro:

The DJI Mavic 2 Pro is the compact drone with 4K camera. It has a large 1-inch sensor with which users can record in 4K. Its image quality is therefore fantastic and it also has a number of useful functions. With its hyperlapse mode user can make the drone move while recording a time-lapse. Users can determine the depth of field physically by setting the aperture. It has 360-degree obstacle detection. This reduces the chance that user will fly into something. It is also possible to connect wirelessly with, for example, the DJI Goggles i.e. VR glasses with which users can see exactly what the drone is filming. With a fully charged battery users can fly for about 31 minutes.

b) Eachine E520S:

The Eachine E520S is the latest model from its brand. The Eachine E520S is also compact and has a 4K camera but the battery lasts a maximum of 16 minutes and takes longer to be charged. That is still above average for a drone in this price range. In addition, there are 3 batteries in the package. This Eachine E520S drone is made of high-quality plastic and is unlikely to break in a minor impact or awkward landing. The drone does not have a gimbal for stabilization, but instead a 6-axis gyroscope. Furthermore, the Eachine E520S has three intelligent flight modes, with which users can let the drone follow them, fly in a circle around them (nice for selfies) or draw a path that the drone follows automatically. The Eachine E520S performs particularly well within the price range and is a very nice drone for beginners and those with a lower budget.

c) DJI Mini 2:

It is mid-range drone which is the best choice for people who want a serious flyer.  This DJI Mini 2 weighs in at 249 grams i.e. 8.8 ounces which is noteworthy because it means that in the US; so users don’t need to register it with the FAA. It folds up neatly for easy portability, includes the company's new compact controller which also folds up and can fly for up to 31 minutes on a charge. Its features support for DJI's OcuSync 2 wireless technology, which both enhances connection strength and extends its range to 6.2 miles (10 kilometers). It is updated 4K camera is dynamite, users can now shoot 4K video at up to 30 frames per second with its solid 2x digital zoom performance and as with the previous model, 12-megapixel photographs. Its three-axis motorized gimbal ensures end up with smooth shots. 

D) Ryze Tello:

The Ryze Tello is small and convenient to carry, but also contains fun & interesting functions. The photos taken with this drone are 5 megapixels and video recordings are 720 pixels. With a charged battery user can fly for about 13 minutes. Users have to throw the Ryze Tello drone in the air and it will automatically start flying. Users can control the drone with an app on smartphone or tablet. With one simple push of a button user let the drone do tricks such as a flip. User can use the Scratch program to set in advance which movements that drone should make. Furthermore, it has sensors and protective parts that ensure that the drone lands safely when the battery is low. According to this drone test, this is the most ideal drone for beginners. The drone is small, affordable and can do fun tricks without requiring a lot of knowledge of complicated technology.

e) DJI Mavic Air:

The DJI Mavic Air is one of the smallest available drones and it is very easy to carry due to its size. This DJI Mavic Air makes beautiful 4K recordings at 30 frames per second. With a fully charged battery user can fly for about 21 minutes. It has a 3-axis gimbal, so videos that captured by user will have little shock or vibration. The camera sensor has HDR capabilities, so user has control over the light which makes the photos & videos beautiful. In the images of the DJI Mavic Air, details can be seen in dark recordings. It is fairly user-friendly and at the same time contains many functions. This certifies that a more experienced drone operator will get more out of this device than a beginner. The DJI Mavic Air is small also it offers quality and many possibilities.

f) Autel EVO II:

Autel’s second EVO is accessible with different camera choices. Autel Robotics announced its long-awaited EVO II series drone at CES 2020 in January, promising vast improvements over the original EVO model launched back in 2018. Its most notable feature is a modular camera system, offering three models that cover a range of features that meet different users' needs, from consumers to professionals. It’s a bit chunkier than the Mavics, but it can fly for longer and is bigger unfolded.  It has the huge advantage of being optional as there is a 3.3-inch OLED screen in the remote meaning user can fly without connecting the phone at all. Another big plus is that the drone has omnidirectional collision sensors which it uses in normal fight.

g) DJI Inspire 2:

The DJI Inspire 2 is one of the most expensive drones in the list of best drones, but user also get something in return as this is one of the professional DJI drone. It has a new image processing system which captures images in 5.2K in CinemaDNG RAW and Apple ProRes. With this user can reach 80 km/h in just 4 seconds and the top speed of this heavy-duty drone is even 94 km/h. it is extremely fast and agile that making it suitable for professional recordings. Its flight time goes to approximately 27 minutes with a dual battery system. It allows an experienced drone videographer to capture complex and dramatic images. The DJI Lightbridge technology has been updated in it with increasing the range to about 7km. user can also switch between different operating frequencies for better signal stability.

h) PowerVision PowerEgg X Wizard:

The PowerVision PowerEgg X is a creation of an overall new egg which could be used as a drone, a hand-held or tripod-mounted camcorder making use of the gimbal for stability and A.I. for subject tracking and also in the optional ‘Wizard’ kit i.e. a beach-ready drone which can land on water or fly in the rain. Its adaptability means its arms are completely removable but, with its folding props, setup takes no longer than a DJI Phantom. Its A.I. camera mode is good, but it would really benefit from a ‘record’ button like a traditional camcorder & for that user need to use the app. Its waterproof mode means attaching a housing and landing gear which does take a minute or two and covers the forward-facing collision & object tracking sensors.

i) DJI Air 2:

The DJI Air 2 is launched in 2020 & it is still a great option to consider with a stronger build than the tiny Mini 2 along with much improved flight times of up to 30 minutes from a full charge. It is capable of shooting full 4K video at 60fps and capturing 48-megapixel photos as it has impressive camera specs. It is a few hundred dollars cheaper than the new Air 2S, which has more camera bragging rights with its 5.4k video and 1-inch image sensor. The Air 2S is the one to go for if user want the best image quality & it has a top speed of 42.5 mph and APAS 3.0 technology, which helps it more fluidly navigate around obstacles instead of just stopping to avoid them.

j) Flyability Elios:

Flyability Elios 2 is an indoor inspection and exploration drone with new generation of confined space inspection UAVs that takes indoor inspection to the next level. This Elios 2 is the most reliable, instinctive and precise indoor inspection drone. Its keeps workforce out of harm’s way while performing flawless inspections right from the first flight using cutting edge drone data capture capabilities. The Elios 2 drone will help these workers in their mission by replacing people wherever possible, for visual & radiation data collection and by providing high-quality data for planning interventions where exposure risk cannot be negated but can be minimized.

k) DJI FPV:

FPV drones allow user to fly using a headset that gives them a view directly from the drone's perspective. It can be an exciting way to fly, but it's typically only been available to supporters prepared to build their own FPV system. DJI's FPV is the first ready-to-fly FPV drone available which offers that incredible 97mph top speeds, sweet, sweet first-person perspective and stabilized 4K video. With flying it takes a moment of getting used to, but if user has wanted to get those dramatic FPV shots that have been dominating social sites such as Instagram in recent months, it's the only drone on this list with the skills to get user there.

l) senseFly eBee X:

The senseFly eBee X is leading fixed-wing mapping and surveying drone (UAV). As it is lightweight & hand-launched thus, used to help surveyors and GIS professionals to collect important aerial mapping data safely & efficiently through a suite of purpose-built mapping cameras. The raw aerial data collected from this drone can be used to create stunning high-resolution orthomosaics or it can be processed with photogrammetry software for creating topographic maps which includes DEMs, DSMs, 3D point clouds and more. The topographic data collected by it can be used to gain critical project insights and shared across teams for better decision-making. This eBee X is also available with RTK or PPK for greater positional accuracy.

m) Emax Tinyhawk 2:

This Emax Tinyhawk 2 drone is one of the racing drones than fly even faster, capable of hitting speeds above 100 mph. These drones are much more responsive, that built for acrobatic exercises with user at a set of manual controls. That means there's a learning curve that usually involves some crashes. For getting started, it will be neither quick nor easy, but for a racing drone, this Emax Tinyhawk 2 keeps things relatively simple. User still need to learn how to pilot the thing, but the process will be less expensive and less frustrating than other entry-level systems. In addition, for one thing user doesn’t need to worry about getting all of the individual pieces to work together or soldering anything, which is required for many DIY models.

n) DJI Phantom 4 RTK:

This DJI Phantom 4 RTK is one of the best overall drones for land surveying on the market. Its camera is of high quality & its RTK capability leads to very high accuracy and it is highly reliable and easy to use. The main advantage of this Phantom 4 RTK is that users will need to shoot far fewer ground control points to achieve 0.1’ vertical accuracy. With the use of this drone fewer ground control points translate to significant time savings in the field. It has the fantastic overall balance of reliability, accuracy and value wins top pick as the best drone for land surveying. 

o) MQ-5B Hunter:

This MQ-5B Hunter multi-mission unmanned aircraft has been designed and developed by Northrop Grumman. It has been operating with the US Armed Forces for the last two decades by meeting all the standards set by the US Department of Defense. It is capable of carrying a total payload of about 226.8kg. It can carry multiple sensors such as electro-optical (EO)/infrared (IR) and communication systems in addition to external weapons such as Northrop Grumman Viper Strike laser-guided munition. The MQ5B Hunter has a maximum take-off weight of about 884.50kg and a maximum service ceiling of about 18,000ft as it is powered by a heavy fuel engine. The unmanned aircraft can reach a maximum speed of about 120k and endure for 21 hours. MQ-5C e-Hunter it is a larger version of the MQ-5B and it is capable of remaining airborne for up to 30 hours.

p) TAI Anka:

The Anka unmanned aerial vehicle (UAV)/drone has been operational with the Turkish Air Force since 2017. It is developed by Turkish Aerospace Industries (TAI) and it is designed for meeting the surveillance, reconnaissance and target recognition & detection requirements of the Turkish Armed Forces. The total payload carrying capacity of the Anka UAV is about 200kg which includes an identification friend or foe (IFF) system, laser finder, laser designator and weapon payloads such as Rokestan smart micro munition (MAM-L), laser-guided CIRIT 2.75in rocket and air-launched missile launcher. The combat drone is powered by a 150hp turboprop PD170 engine developed by Turkish Engine Industries (TEI). It has a maximum take-off weight of about 1,600kg, maximum altitude of about 30,000ft and endurance of more than 24 hours. Thus, these are some of the major trends of the global drone market.

Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2022 - 2028
Market Size in 2022:	USD 23.1 Billion
Base year considered	2021
Forecast Period CAGR %:	26.3%
Market Size Expected in 2029:	USD 46.5 Billion
Tables, Charts & Figures:	175
Pages	300
Drone Companies	Northrop Grumman, DJI, General Atomics Aeronautical Systems, Thales, 3DR, Boeing, Lockheed Martin, Israel Aerospace Industries, BAE System, AeroVironment Inc. (U.S.), General Dynamics Corporation (U.S.), Denel Dynamics (South Africa), Aurora Flight (U.S), Draganfly (Canada), Elbit Systems Ltd. (Israel), Terra Drone Corporation, Intel Corporation, BirdsEyeView Aerobotics, Parrot Drones SAS, Yuneec, Delair SAS, Skydio, Pix4D,  ESRI, 4 Front Robotics, Zerotech, Xiaomi Inc., Xag Co. Ltd., Turkish Aerospace Industries Inc., Uconsystem Co. Ltd., Wingtra AG, Sz Dji Technology Co. Ltd., Milrem Robotics, Safran S.A., Textron Inc., and others.
Segments Covered	By Category, By Range Of Flight, By Drone Size, By Drone Type, By Application, By Sales channel
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa