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Civil Drone Market Analysis: Its CAGR, Market Segmentation and Global Industry Overview


Market Overview and Report Coverage


A Civil Drone, also known as an unmanned aerial vehicle (UAV), is an aircraft operated without a pilot on board. These drones are used for various civil applications such as aerial photography, surveillance, agriculture, and package delivery. The Civil Drone Market is experiencing significant growth due to the increasing demand for drones in various industries and sectors.

The future outlook of the Civil Drone Market looks promising, with a forecasted growth rate of % during the forecasted period. The market is expected to witness continuous growth as technological advancements and innovations in drone technology make them more efficient and cost-effective for various applications.

The current outlook of the Civil Drone Market shows a growing demand for drones in industries such as agriculture, construction, and transportation. The market is also witnessing an increase in the adoption of drones for surveillance and security purposes. Latest market trends include the development of autonomous drones, integration of artificial intelligence, and increasing investments in research and development.

Overall, the Civil Drone Market is set to experience significant growth in the coming years, driven by advancements in technology and increasing applications across various industries.


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Market Segmentation


The Civil Drone Market Analysis by types is segmented into:


  • Fixed Wing Drone
  • Rotary Wing Drone


 


The Civil Drone market consists of two main types of drones: Fixed Wing Drones and Rotary Wing Drones. Fixed Wing Drones are designed to resemble traditional airplanes and are ideal for covering large distances efficiently. They are commonly used for surveillance, mapping, and agriculture. On the other hand, Rotary Wing Drones, such as quadcopters and hexacopters, are versatile and can hover in place, making them suitable for tasks that require precision and maneuverability, like aerial photography and inspections.


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The Civil Drone Market Industry Research by Application is segmented into:


  • Agriculture
  • Real Estate/Infrastructure
  • Energy & Power
  • Other


 


Civil drones are increasingly utilized in various industries for their efficiency and cost-effectiveness. In agriculture, drones are used for crop monitoring and spraying pesticides. In real estate and infrastructure, drones help with property inspections and site surveys. In the energy and power sector, drones assist with maintenance of power lines and equipment. They are also used in other markets for tasks like disaster response and environmental monitoring. Overall, civil drones offer a wide range of applications across different industries.


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In terms of Region, the Civil Drone Market Players available by Region are:



North America:


  • United States

  • Canada



Europe:


  • Germany

  • France

  • U.K.

  • Italy

  • Russia



Asia-Pacific:


  • China

  • Japan

  • South Korea

  • India

  • Australia

  • China Taiwan

  • Indonesia

  • Thailand

  • Malaysia



Latin America:


  • Mexico

  • Brazil

  • Argentina Korea

  • Colombia



Middle East & Africa:


  • Turkey

  • Saudi

  • Arabia

  • UAE

  • Korea




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What are the Emerging Trends in the Global Civil Drone market?


The global civil drone market is experiencing rapid growth due to advancements in technology and increasing demand for commercial applications such as surveillance, agriculture, and surveying. Key trends include the growing use of drones for delivery and transportation services, increased adoption of automation and artificial intelligence for improved performance, and the development of more sophisticated and specialized drones for specific industries. Additionally, regulatory changes aimed at ensuring safety and privacy concerns are influencing market dynamics. Overall, the civil drone market is poised for continued expansion as new innovations and applications continue to emerge.


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Major Market Players


Among the companies listed in the Civil Drone market, SZ DJI Technology is a key player with a dominant market share. The company has experienced significant growth in recent years, attributed to its innovative products such as the Phantom and Mavic series. SZ DJI Technology has established itself as a leader in the drone industry with a strong focus on research and development, enabling it to continuously introduce cutting-edge technology to the market.

Another prominent company in the Civil Drone market is Parrot SA, known for its high-quality consumer drones such as the Anafi and Bebop series. The company has been successful in targeting both hobbyist and professional drone users, offering a diverse range of products to cater to different needs and preferences. Parrot SA has witnessed steady growth and has expanded its presence globally through strategic partnerships and marketing initiatives.

In terms of market size, the Civil Drone industry is projected to reach a value of $ billion by 2024, with a CAGR of 14.15% during the forecast period. Factors such as increasing demand for drone technology in various applications such as aerial photography, surveillance, agriculture, and delivery services are driving the market growth.

Sales revenue for some of the companies in the Civil Drone market include SZ DJI Technology with an estimated revenue of $2.7 billion in 2020, Parrot SA with revenue of $194.4 million, and Intel Corporation with revenue of $77.9 billion. These companies continue to invest in research and development to stay competitive in the market and capitalize on the growing demand for drone technology.


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