Drone As A Service Market Scope
Drone services, also known as unmanned aerial vehicle (UAV) services, is a rapidly growing market for services centred on flying robots that can be operated remotely or flown autonomously using software-controlled flight plans in their embedded systems. Drone service providers are gaining traction in the commercial sector as end users look for new ways to cut costs in their businesses. The cost of owning a drone and maintaining it is substantial, and the company must also hire a qualified drone operator, which is another significant expense. Rather than purchasing a drone, many commercial businesses are turning to third-party drone service providers, which allows them to save money. Drones are now equipped with a variety of sensors that transmit a large amount of data to businesses for a variety of purposes. Data management platforms are being used by providers to process, analyse, discover, and classify reports. The widespread use of technology to transform data into actionable information is giving service providers a competitive advantage. During the forecast period, the market is expected to benefit from an increase in the number of new start-up companies entering the drone service industry, which will result in transforming solutions due to real-time analytics and critical information.
The Drone As A Service market study is segmented by Type (Drone Platform Services, Drone Maintenance, Repair, and Overhaul (MRO) Services and Drone Training & Education Services), by Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring and Others) and major geographies with country level break-up.
Research Analyst at AMA estimates that North America Vendors will contribute to the maximum growth of Global Drone As A Service market throughout the predicted period.
Measure (United States), Precision Hawk (United States), Martek Aviation (United Kingdom), Terra Drone Corporation (Japan), senseFly (Switzerland), Vermeer (United States), CYBERHAWK INNOVATIONS LIMITED (United Kingdom), Sky Futures (United Kingdom), DroneDeploy (United States), SHARPER SHAPE INC. (United States) and DJI (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Delair (France), Prioria Robotics (United States), The Sky Guys, Ltd. (Canada), Deveron UAS (Canada) and MMC (China).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Drone As A Service market by Type, Application and Region.
On the basis of geography, the market of Drone As A Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
U.S. Department of Transportationís Federal Aviation Administration (FAA): The new rules(28th December 2020) will require drones to be identified remotely (Remote ID) and will allow small drone operators to fly over people and at night under certain conditions.
- Implementation of Visual Line of Sight (BVLOS) to Accelerate the Demand for Commercial Drone Service
- Increasing Adoption of Drone Based Solutions in Agriculture Sector and Media Industry
- Technological Advancements in Drones
- Growing Use of Internet of Things (IoT) Applications In Drones
- Federal Aviation Administration Exemptions
- Lack of Skilled and Trained Operators
- Safety Concerns During Drone Operations
- Limited Drone Operation Bandwidth
- Lack of Risk Management Framework
- Regulation Issues in some Countries
Key Target AudienceService Providers, Regulatory Bodies, Governmental Bodies and Others
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Drone As A Service Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.