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Commercial Drones Market Growth Analysis, Industry Size, Share, Forecast 2023-2028


IMARC Group, a leading market research company, has recently releases report titled “Commercial Drones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The global commercial drone market size reached US$ 20.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 84.3 Billion by 2028, exhibiting a growth rate (CAGR) of 25.9% during 2023-2028. What are Commercial Drones? Commercial drones represent unmanned aerial vehicles (UAVs) designed for industrial purposes rather than personal or recreational usage. They are integrated with several components, such as flight control computers, thermal cameras, ultrasonic and collision avoidance sensors, receivers, global positioning systems (GPS), etc. Commercial drones aid in mapping areas and gathering real-time data while surveying and performing superior-quality aerial filming and photography. They prove extremely effective in risk mitigation, weather monitoring, urban planning, farm management, traffic controlling, green mapping, research and excavation, etc. Consequently, commercial drones find extensive applications across various sectors, including agriculture, delivery and logistics, energy, media and entertainment, construction, security and law enforcement, etc. Request For A Free Sample Copy Of This Report: https://www.imarcgroup.com/commercial-drones-market/requestsample What Are The Growth Prospects And Trends In The Commercial Drones Industry? The growing need for intelligent UAVs with high-resolution cameras and state-of-the-art sensors to perform numerous business-related operations is among the key factors driving the commercial drones market. In addition to this, the expanding location-based services, such as e-commerce shipping, tourism, food delivery, and social networking, and the elevating requirement for speeding-up distribution procedures are acting as significant growth-inducing factors. Apart from this, the launch of smart commercial drones with built-in compliance technologies to facilitate efficacious flight control is also positively influencing the global market. In line with this, the development of new products incorporated with three-dimensional (3D) mapping, automatic dependent surveillance-broadcast or ADS-B transponder solutions, artificial intelligence (AI), and machine learning (ML), that assist in geographical mapping, tracking multiple objects, and offering analytical insights after capturing, transferring, and processing data is further stimulating the market growth. Moreover, the increasing use of the drone variants in the agricultural segment to promote sustainable growth of crops by delivering information related to climate change to farmers is expected to bolster the commercial drones market in the coming years. What Is Included In Market Segmentation? The report has segmented the market into the following categories: Weight Insights: System Insights: Product Insights: Mode of Operations Insights: Application Insights: End Use Insights: Market Breakup by Region: Who Are The Key Players Operating In The Industry? The report covers the major market players including: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA USA: +1-631-791-1145 | Asia: +91-120-433-0800 Email: sales@imarcgroup.com Follow us on Twitter: @imarcglobal LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/