Global Commercial Drones Market 2015-2020: Market is estimated to grow at a CAGR of 109.31% to reach $1.27 billion by 2020

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Apr 23, 2015, 09:59 ET

DUBLIN, Apr. 23, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/j2mk98/commercial_drones) has announced the addition of the "Commercial Drones Market by Type (Fixed Wing, Rotary Blade, Quad Rotor), Technology (Energy & Propulsion System, Automation, Collision Avoidance), Application (Government, Agriculture, Manufacturing, Retail) & Geography - Global Forecast to 2020" report to their offering.

The global commercial drones market is estimated to grow at a CAGR of 109.31% to reach $1.27 billion by 2020

The UAVs have been evolving over the years with improved design, significant operating ranges and tenure, and better data processing capabilities. They can transfer high-resolution video and images, and other surveillance data to base station in real-time. The various applications of commercial drones not only help the end-user save big in terms of cost and time of operation but also mitigate the risk of human involvement. The commercial drone industry has also been expanding in applications such as retail industry, environmental surveillance, and the media and advertisement industry.

The key applications included in the report are law enforcement, energy and power, manufacturing, infrastructure, media and entertainment, agriculture, and scientific research. Among all, the law enforcement application is expected to hold the largest share of the market at -25%.

The commercial drones market has also been segmented by technology into energy and propulsion systems, automation system, collision avoidance system, cyber-security and jamming, on-board data processing, and communication data links and radio frequency spectrum capacity. The report also segments the Commercial drones market based on geography into the Americas, Europe, Asia-Pacific, and Rest of the World (RoW).

In 2014, the Americas comprised the largest region in terms of market revenue for the commercial drone market and are projected to grow at the highest CAGR of 111.93% between 2014 and 2020.

Key Topics Covered:

1 Introduction

2 Research Data

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Commercial Drones Market, By Type

8 Commercial Drones Market, By Technology

9 Commercial Drones Market, By Application

10 Commercial Drones Market, By Geography

11 Competitive Landscape

12 Company Profiles

- 3D Robotics
- Aeronautics Ltd.
- Aerovironment Inc
- Airware, Inc.
- Aurora Flight Sciences.
- Bae Systems Plc
- Boeing Corporation
- DJI
- Denel Soc Ltd.
- Drone Deploy
- Elbit Systems
- Finmeccanica Spa
- General Atomics Aeronautical Systems Ltd.
- Hoovy Llc
- Israel Aerospace Industries Ltd. (Iai)
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Precision Hawk
- Safran Sa
- Sensefly
- Textron Inc
- Thales Sa
- Trimble Uas
- Turkish Aerospace Industries, Inc.
- Vdos

For more information visit http://www.researchandmarkets.com/research/j2mk98/commercial_drones