Commercial Drones Market | Report Sellers

Commercial Drones Market | Report Sellers

Global commercial drones market is expected to grow from US$0.755 billion in 2017 to US$2.034 billion in 2022, at a CAGR of 21.91% over the forecast period. Drones are unmanned aerial vehicles which are used for surveillance, photography, forest fire monitoring, soil moisture imaging, flood mapping and other applications. The market for commercial drones is majorly driven by the relaxation of the regulatory policies for the use of drones. Growing adoption of drones for law enforcement is also boosting the demand for commercial drones as these devices can transfer high-resolution images and videos and other surveillance data in real time to base stations. The demand for commercial drones is also augmenting due to their increased use by the governments for infrastructure, R&D activities, environmental studies, and disaster management activities. By application, agriculture is projected to grow at the highest CAGR over the forecast period on account of growing need for crop monitoring. Moreover, continuous technological advancements comprising improved design and better data processing capabilities will propel the market growth in the next five years

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