Global Commercial Purpose Drone Market Growth & Trends Up to 2020: Radiant Insights, Inc

Global Commercial Purpose Drone Market 2016-2020 By Radiant Insights

About Commercial-purpose Drones

Drones are UAVs. Their flight is controlled with a handheld remote or GPS remote. GPS is used to track the drones. The gyrometer and accelerometer, which are attached to the drones, are used to control the drones during flight. Drones are primarily used for tasks that are of high risk to human life. They are extensively used for surveillance and rescue, emergency response, high-altitude imaging, forest-fire monitoring, flood mapping, humanitarian aid, product delivery, petroleum-spill monitoring, and Internet connectivity, as well as in the photography and film industry.

Along with the evolution of technology, drones have improved in terms of design, operating range and tenure, and data processing. Modern-day drones can process high-resolution videos and images and other surveillance data in real time. Drones help cut costs and save time while mitigating risks to human life.

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Technavio's analysts forecast the global commercial-purpose drones market to grow at a CAGR of 57% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial-purpose drones market for the period 2016-2020. To calculate the market size, the report uses the sales of commercial-purpose drones (including rotary-blade drones, fixed-wing drones, nano drones, and hybrid drones) used in:
Others (energy, infrastructure, and media and entertainment)

The market is divided into the following segments based on product:
Rotary blade drones
Others (fixed wing, nano, and hybrid)

Technavio's report, Global Commercial-purpose Drones Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market...