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Global Drone Servicing/Repair Market Overview And Prospects

November 10, 2021 by The Business Research Company

Learn about the global drone servicing/repair market through The Business Research Company, which provides information on drone servicing/repair market size, drone servicing/repair market drivers and restraints, drone servicing/repair market players, the COVID-19 impact on the drone servicing/repair market, and more.

The global drone servicing and repair market is expected to grow from $5.77 billion in 2020 to $8.61 billion in 2021 at a compound annual growth rate (CAGR) of 49.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The drone servicing/repair market is expected to reach $43.68 billion in 2025 at a CAGR of 50.1%.

The growing adoption of precision agriculture practices is expected to drive innovation in drone servicing/repair, thus driving the market during the forecast period.

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The drone servicing/repair market consists of sales of drone services and related repairs by entities (organizations, sole traders, and partnerships) that provide various types of services such as surveillance, monitoring, aerial photography, mapping, and others. Drone services, also referred to as unmanned aerial vehicle (UAV) services are centered on flying robots that may be commanded remotely or operated autonomously utilizing software-controlled flight plans in their embedded devices.

Global drone servicing/repair market segments include:

By Type: Drone Platform Service, MRO, Training And Education

By Duration Of Service: Short Duration Service, Long Duration Service

By Solution: Enterprise Solutions, Point Solutions

By Application: Aerial Photography And Remote Sensing, Data Acquisition And Analytics, Mapping

And Surveying, 3D Modeling, Inspection And Environmental Monitoring, Others

By End Use Industry: Oil And Gas, Agriculture, Logistics, Media And Entertainment, Utility And Power, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the drone servicing/repair market in 2020.

The growing technological advancements are an emerging trend in the drone servicing or repair market. Major companies operating in the drone servicing or repair sector are focused on developing technological solutions for drone services to strengthen their position.

TBRC’s drone servicing or repair market report covers:

Major Market Players: Airware, Cyberhawk Innovations Ltd, Terra Drone Corporation, Sky-Futures Ltd, Prioria Robotics Holdings Inc, Sharper Shape Inc, Sensefly Ltd, Phoenix Drone Services, Dronedeploy, Unmanned Experts Inc, Identified Technologies, The Sky Guys, Skylark Drones Private Limited, and Edall Systems.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Drone Servicing/Repair Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides drone servicing/repair market overviews, analyzes and forecasts market size, share, drone servicing/repair market players, drone servicing/repair market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s drone servicing/repair market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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