Global Drone (UAV/UAS) Market: Key Research Findings 2019
Yano Research Institute (the President, Takashi Mizukoshi) has conducted a survey on the global market of drones, including drones (UAV, UAS) and its system for military use and commercial/consumer use, and found out the current status, the demand by segment, and the future perspectives.
Summary of Research Findings
Size of the global drone market in 2018 including military demand and private demand (for industrial use/ for individual use [hobby]/ for services using drones) is estimated to attain 1,600,000 million yen, at a CAGR of 8.3% during 2020-2025 period. While increase in military drones stay at a CAGR of 4.1%, private drones (for industrial use/for individual use) is expected to grow at a CAGR of 11.7%, and commercial services using drones at 15.5% likewise.
Overview and Perspectives of Commercial Drone Services by Segment
Global market of the commercial drone services is projected to grow at a CAGR of 15.5% between the years 2020 and 2025. In fact, the inspection and testing, the segment forecasted to grow at highest in the last survey conducted in 2016, are expected to exceed the 2016 outlook, as the demand increased by far for inspection in maintenance of social infrastructure and for assessing/monitoring the situation at the time of disaster.
Of all the commercial services using drones, the highest-growth segment is the transportation and distribution services, expanding at a CAGR of 29.7% for 2020 to 2025. The high growth rate is primarily due to the current situation that no such services exist; however, it is also because of a background that in the major industrially advanced countries, the transportation and distribution services using drones are expected to be authorized hereafter. On the other hand, the least-growing segment is the measuring and mapping. While measuring in civil engineering by drones is already in practical use and the use of service is still rising, because of the limitations in the usage of high-precision measuring and 3D mapping, the growth is projected at a CAGR of 10.7% between the years 2020 and 2025.
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