Market Report – Commercial Drone Market Size, Company Share To 2022: Grand View Research, Inc.

Grand View has announced the addition of “Commercial Drone Market Analysis and Segment Forecasts To 2022” Market Research report to their Database.

The global commercial drone market size is expected to reach USD 2.07 billion by 2022, according to a new report by Grand View Research, Inc. Increased utility in law enforcement and agricultural applications is expected to play a pivotal role in market growth over the forecast period. Having made their presence felt in the military sector, these Unmanned Aerial Vehicles (UAVs) have gradually gained prominence in the commercial sector and are foreseen to surpass the growth observed in the former.

Prominent retailers and e-commerce players have experimented the use of drones to deliver packages to consumers in a much shorter duration as compared to the traditional delivery media. The use of drones for retail is pending government approval, particularly in the U.S. Once regulatory clearance is obtained, drones are expected to revolutionize the retail sector.

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Further key findings from the study suggest:

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For the purpose of this study, Grand View Research has segmented the global commercial drone market on the basis of product, application, and region:

Commercial Drone Product Outlook (Revenue, USD Million, 2012 – 2022)

Commercial Drone Application Outlook (Revenue, USD Million, 2012 – 2022)

Commercial Drone Regional Outlook (RevenueScience Articles, USD Million 2012 – 2022)

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