One of the most significant drivers for the advancement of the global commercial drones market is the rising usage of commercial drones in various essential and high risk operations, such as search and rescue missions, high altitude mapping, military and border surveillance, and product delivery. Furthermore, the rising demand from agricultural industry on advent of smart and precision farming is also propelling the sales in the global commercial drones market. On the other hand, the rising prevalence and increasing proliferation of online retailers as well as e-commerce giants is fuelling the adoption of these products in the global commercial drones market for speedy and timely product delivery. Several e-commerce platforms have already started using commercial drones for products and goods delivery in certain geographical regions across the world, such as the United States and Canada.
Some of the major incumbent manufacturers and players operational within the global commercial drones market include Parrot S. A., Denel SOC Ltd., Dragonfly, Lockheed Martin Corporation, Yuneec International, Aurora Flight, DJI Innovations, Northrop Grumman Corporation, Elbit Systems, Ltd., and General Dynamics Corporation, among others. The global commercial drones market features a heavily fragmented landscape, with a large number of regional as well as international players functional in the global commercial drones market. The rising trend of various local and regional players and participants entering the global commercial drones market is most likely to intensify the competition in the industry in the next few years. Players and manufacturers in the global commercial drones market are focused on expanding their regional reach to attract a larger base of conusmers over the years.
The manufacturers and players working within the global commercial drones market offer their customers with various types of efficient and innovative products, such as multi rotor drones, fixed winged drones, single rotor drones, and hybrid drones, among others. The products and solutions in the global commercial drones market find various applications in diverse set of industries. The applications for the solutions in the global commercial drones market i.e. commercial drones, include filming and photography, mapping and surveying, surveillance and monitoring, inspection and maintenance, and precision agriculture, among others.
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