• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • DroneRacingLife
  • DroneFlyers
  • Newsletter
DroneLife

DRONELIFE

Stay up to date on all the latest Drone News

  • News
  • Products
  • Industries
    • Agriculture
    • Construction
    • Delivery
    • Dual Use
    • Inspection
    • Public Safety
    • Surveying
  • Enthusiasts
  • Regulations
  • Business
  • Video
  • Podcasts

DRONEII: The Drone Market from 2020-2025, Five Key Takeaways

June 23, 2020 by Miriam McNabb 17 Comments

Guest post: This article published with permission from our friends at DroneII, Drone Industry Insights. Article authored by Lukas Schroth.

With a new year come new challenges, new market players, new use cases and new regulatory hurdles for the commercial drone industry. For this reason we’ve worked hard to develop our brand new updated Drone Market Report 2020! To mark the release of the new update of our flagship report, here are the most important market trends that you need to know about within the drone industry in 2020-2025.

 

1. The Drone Market will Grow to 42.8 billion USD by 2025

The big picture, the most important figure to take away, is 42.8 billion USD. That is what the drone market size will be in 2025. From generating 22.5 billion USD in 2020 it will grow at a CAGR (Compound Annual Growth Rate) of 13.8% to almost double that in 2025. This fairly stable year on year growth – seen in our graphic – is also a reflection of the ongoing high investments and the consolidation of the commercial drone market. It is a less optimistic picture than what we saw in 2019, but nevertheless shows that the commercial drone industry remains resilient in spite of emerging challenges. The drone industry has matured from explosive and exponential growth to steady returns, increased adoption and a step up from the so called trough of disillusionment.

2. Energy is Still the Largest Industry, but Transport is Growing Rapidly

The Energy sector is the largest industry on the commercial drone market in 2020 and will continue to be so in 2025. However, the Transportation & Warehousing industry will continue to be the fastest growing. This is partly because, as defined by the North American Industry Classification System (NAICS), this vertical includes industries providing transportation of passengers (although air taxis still will not sell for some time) and cargo, warehousing and storage for goods, and support activities related to modes of transportation like inspection and maintenance of infrastructure. While Agriculture and Construction currently follow energy as the top industries in the drone market, the growth of the Transport sector will mean that by 2025 it will be the 2nd largest industry within the market.

3. Asia is Now the Biggest Regional Drone Market in the World

Currently, the national drone markets in USA and China currently dominate the commercial drone market – together their revenue makes up over two thirds of the global drone market size and this does not look likely to change in the foreseeable future. However, regional shifts in drone market dominance have been more common. While back in 2018 North America was generating slightly more revenue than Asia, thanks to the growth of not only China, but also Japan and especially India (since the legalisation of drones there in December 2018), Asia pulled ahead already by the end of 2019. The region will continue to build on this growth and be the leading regional market by some margin in 2025.

4. The Effects of the COVID-19 Pandemic will be Felt by the Drone Industry

Few industries will emerge out of the COVID-19 pandemic unscathed. The global health crisis has resulted in a worldwide contraction of several markets as almost three months of respective quarantine in major economies has seen major rises in unemployment, slowdowns of supply chains and reduction in demand for goods.

However, it is important to note that the commercial drone has also already made gains during the pandemic – thanks to medical applications of commercial drones amongst many other automated solutions provided (mapping, surveying, broadcasting etc.) drone companies like Zipline and Wing have been able to deliver and scale their solutions quicker than previously expected. As a result, the industry as a whole is likely to feel the economic effects of the pandemic, but

5. Drone Sales will Double from 2020 to 2025

By 2021, the commercial drone industry will be selling 1,000,000 drone units per year. Looking at the growth between 2020 and 2025, unit sales will have more than doubled in this time period. Notably, while overall drone unit sales will increase this will be down to commercial drone unit sales growth as private or hobbyist drone unit sales will decrease in 2020-2025.

For more insights, see the entire report here.

 

Lukas Schroth holds a degree in Aerospace Engineering as well as a Masters in International Business Administration and Engineering. During his education he was involved several consulting and process optimization projects at MTU Aero Engines AG. At DRONEII he’s the go to voice on drones and AI.

 

Miriam McNabb

Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry.  Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.

TWITTER:@spaldingbarker

Subscribe to DroneLife here.

Filed Under: Droneii, News, Uncategorized Tagged With: drone business, Drone Industry, drone industry forecasts, drone industry predictions, droneii

Reader Interactions

Trackbacks

  1. Top 10 B2B Marketplaces for Drones says:
    September 14, 2023 at 11:32 pm

    […] global drone market is projected to reach a value of $55.8 billion by 2025, growing at a CAGR of 13.8% from 2020 to 2025. This rapid growth highlights the increasing adoption of drones across various […]

    Reply
  2. Is a New Sony Drone About to Hit the Market? What We Know About Airpeak – Drones Crunch says:
    November 11, 2020 at 11:09 pm

    […] marketplace of Commercial Off the Shelf (COTS) drones may have a new player.  A new Sony drone could be in development, according to company teasers […]

    Reply
  3. Is a New Sony Drone About to Hit the Market? What We Know About Airpeak - The Drone Page says:
    November 11, 2020 at 11:56 am

    […] marketplace of Commercial Off the Shelf (COTS) drones may have a new player.  A new Sony drone could be in development, according to company teasers […]

    Reply
  4. Is a New Sony Drone About to Strike the Industry | Cool Gadgets says:
    November 11, 2020 at 11:36 am

    […] marketplace of Professional Off the Shelf (COTS) drones may possibly have a new player.  A new Sony drone could be in progress, in accordance to firm […]

    Reply
  5. Is a New Sony Drone About to Hit the Market? What We Know About Airpeak | Drone Films Limited says:
    November 11, 2020 at 11:17 am

    […] marketplace of Commercial Off the Shelf (COTS) drones may have a new player.  A new Sony drone could be in development, according to company teasers […]

    Reply
  6. Is a New Sony Drone About to Hit the Market - Drone Market says:
    November 11, 2020 at 10:59 am

    […] marketplace of Commercial Off the Shelf (COTS) drones may have a new player.  A new Sony drone could be in development, according to company teasers […]

    Reply
  7. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways – DroneLife - On Sale Drones says:
    June 25, 2020 at 7:23 am

    […] DRONEII: The Drone Market from 2020-2025, Five Key Takeaways  DroneLife […]

    Reply
  8. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways | Aerial Division says:
    June 24, 2020 at 4:50 am

    […] Source link […]

    Reply
  9. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Lingeriestore says:
    June 23, 2020 at 7:06 pm

    […] Source link […]

    Reply
  10. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Baseball says:
    June 23, 2020 at 6:16 pm

    […] Source link […]

    Reply
  11. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Beauty Store says:
    June 23, 2020 at 5:49 pm

    […] Source link […]

    Reply
  12. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways | Gadgets says:
    June 23, 2020 at 5:00 pm

    […] Source link […]

    Reply
  13. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways ⋆ says:
    June 23, 2020 at 4:23 pm

    […] The complete article is here […]

    Reply
  14. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Dog Lovers says:
    June 23, 2020 at 4:16 pm

    […] Source link […]

    Reply
  15. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Coffee Lovers says:
    June 23, 2020 at 4:12 pm

    […] Source link […]

    Reply
  16. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways | Drone Magazine says:
    June 23, 2020 at 4:01 pm

    […] Source […]

    Reply
  17. DRONEII: The Drone Market from 2020-2025, Five Key Takeaways - Eledonk Electronics says:
    June 23, 2020 at 3:08 pm

    […] post DRONEII: The Drone Market from 2020-2025, Five Key Takeaways appeared first on […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

LATEST

Quadsat Raises €5 Million to Advance Electronic Warfare Capabilities

New investment supports the company’s expansion into defense and NATO-aligned markets Strategic Investment to Accelerate Defense Expansion Odense, Denmark-based Quadsat…

Continue Reading Quadsat Raises €5 Million to Advance Electronic Warfare Capabilities

DJI Raises Concerns Over Expedited Security Review

Chinese drone maker says that a rushed evaluation may lead to unfair outcomes DJI, the world’s largest commercial drone manufacturer,…

Continue Reading DJI Raises Concerns Over Expedited Security Review

DIU Expands Blue sUAS List to Include Green sUAS Platforms, Clarifies Certification Pathways

The Defense Innovation Unit (DIU) has announced substantial changes to its Blue sUAS program, now immediately recognizing Green UAS certified…

Continue Reading DIU Expands Blue sUAS List to Include Green sUAS Platforms, Clarifies Certification Pathways

DRONERESPONDERS Launches UNITE to Strengthen Public Safety Drone Training Nationwide

New program addresses urgent training needs revealed by recent survey DRONERESPONDERS Announces New National Training Program AIRT, the non-profit organization…

Continue Reading DRONERESPONDERS Launches UNITE to Strengthen Public Safety Drone Training Nationwide

Percepto’s New Solution Delivers Real-Time Emissions Insights at Scale

Percepto launches AI solution to analyze vast troves of emissions data By DRONELIFE Features Editor Jim Magill Percepto, which has…

Continue Reading Percepto’s New Solution Delivers Real-Time Emissions Insights at Scale

Three Take-Aways From the FAA’s Assure A50 sUAS Traffic Analysis Study

The ASSURE A50 “Small UAS Traffic Analysis” report is a large-scale look at real-world drone activity captured through Remote ID…

Continue Reading Three Take-Aways From the FAA’s Assure A50 sUAS Traffic Analysis Study

XTEND Secures $30M Extension to Complete $70M Series B Funding

New investment supports U.S. expansion and advanced AI robotic systems XTEND, a company known for its AI-powered tactical autonomous robotic…

Continue Reading XTEND Secures $30M Extension to Complete $70M Series B Funding

Pentagon Transfers Blue sUAS Program to DCMA, Opens Door to More Drone Companies

Major Changes Coming to the Pentagon’s Blue sUAS Drone Program The Pentagon is making sweeping changes to its Blue sUAS…

Continue Reading Pentagon Transfers Blue sUAS Program to DCMA, Opens Door to More Drone Companies

Department of Defense Accelerates Drone Procurement: A Game-Changer for Military Operations

The Department of Defense has taken major steps to speed up the purchase of uncrewed systems. Defense Secretary Pete Hegseth…

Continue Reading Department of Defense Accelerates Drone Procurement: A Game-Changer for Military Operations

What the U.S. Section 232 Drone Probe Means for the Industry

U.S. Initiates Section 232 Investigation Into Imported Drones: Implications for Industry and Security On July 15, 2025, the U.S. Department…

Continue Reading What the U.S. Section 232 Drone Probe Means for the Industry

Secondary Sidebar

Footer

SPONSORED

Inspired Flight Gremsy IF800 VIO F1 drones geo week

What Will It Take to Strengthen U.S. Drone Manufacturing? A Conversation with Inspired Flight’s CEO

Global Mapper Mobile data collection

Collection Ground Control Points with Global Mapper Mobile

Military Drone Mapping Solutions

How SimActive’s Correlator3D™ is Revolutionizing Military Mapping: An Exclusive Interview with CEO Philippe Simard

Photogrammetry Accuracy Standards

SimActive Photogrammetry Software: Enabling Users to Meet Accuracy Standards for Over 20 Years

NACT Engineering Parrot ANAFI tether indoor shot

Smart Tether for Parrot ANAFI USA from NACT Engineering

Blue Marble, features global mapper, features Blue Marble

Check Out These New Features in Global Mapper v25 from Blue Marble

About Us | Contact Us | Advertise With Us | Write for Us | Privacy Policy | Terms of Service

The Trusted Source for the Business of Drones.

This website uses cookies and third party services. By clicking OK, you are agreeing to our privacy policy. ACCEPT

Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT