Market Forecast By Types (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone), By Applications (Surveying & Mapping, Filming & Photography, Inspection & Maintenance, Agriculture, Surveillance & Monitoring, Others (Environmental Conservation, Search & Rescue, etc.)), By Regions (Eastern, Western, Northern, Southern) and competitive landscape
Product Code: ETC002695 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 79 | No. of Figures: 18 | No. of Tables: 5 |
India Commercial Drone Market report comprehensively covers the India commercial drone market by types, applications, and regions. India commercial drone market outlook report provides an unbiased and detailed analysis of the on-going India commercial drone market trends, India commercial drone market share, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Commercial Drone Systems Market Synopsis
India Commercial Drone Market witnessed substantial growth in the past few years on account of increasing awareness, technological advancement, and growing adoption across several verticals such as mining, filming & photography, and agriculture in the country. The outbreak of COVID-19 has highlighted the importance of drones in India and would act in favour of the drone industry in the coming years. Additionally, government initiatives such as the “Make in India”, which promotes the domestic manufacturing of drones, would further fuel the growth of the commercial drone market in India during the forecast period. However, due to the spread of pandemic COVID-19, the market is estimated to witness a decline in revenues in the year 2020, as a result of the halt in the on-going projects and no new projects being announced in the first half of the year.
According to 6Wresearch, India Commercial Drone Systems Market size is projected to grow at CAGR of 12.4% during 2020-2026. India commercial drone market is estimated to gain momentum in the upcoming six years on the back of rising warehouses establishment in the country which requires drone for inventory inspection. Technical up-gradation in the country helps retailers to achieve efficiency and effectiveness in the business like a commercial drone is evolving in warehouses by Walmart and is expected to elevating demand for a commercial drone in the country. Additionally, India consists of two Walmart centers established are in Lucknow and in Hyderabad uses drone for the inventory inspection and check inventory in limited timespan is leading to saving time and labour cost. These are certain factors of the drone is estimated to boost the enormous growth of commercial drone in the country in the forthcoming years.
Market Analysis by Types
Based on types, rotary blade drones dominated the India commercial drone market share in 2019 owing to their special advantage of vertical landing and take-off. Also, they could hover at one particular point and are best suited for short-range applications. However, significant growth is recorded in fixed-wing drones on account of their simple structure and longer duration at high speed.
Market Analysis by Applications
Commercial drones are widely accepted and implemented across several verticals. However, mapping & surveying holds the majority of revenue share in the overall market revenues in 2019 due to the high accuracy and quality provided by such drones with relatively less manpower and low cost. Also, recently, the government of India has employed drones for 3D digital mapping for road widening in the Allahabad highway. Further, filming & photography application has also registered significant share in India commercial drone market 2019.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
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TABLE OF CONTENTS |
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. India Commercial Drone Market Overview |
3.1 India Commercial Drone Market Revenues & Volume, 2016-2026F |
3.2 India Commercial Drone Market - Industry Life Cycle |
3.3 India Commercial Drone Market SWOT Analysis |
3.4 India Commercial Drone Market Ecosystem |
3.5 India Commercial Drone Market-Porter’s Five Forces |
3.6 India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F |
3.7 India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F |
3.8 India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F |
4. India Commercial Drone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraint |
5. India Commercial Drone Market Trends & Evolution |
6. India Commercial Drone Market Price Trend, By Types, 2016-2026F |
7. India Commercial Drone Market Overview, By Types |
7.1 India Fixed Wing Drone Market Revenues & Volume, 2016-2026F |
7.2 India Rotary Blade Drone Market Revenues & Volume, 2016-2026F |
7.3 India Hybrid Drone Market Revenues & Volume, 2016-2026F |
8. India Commercial Drone Market Overview, By Applications |
8.1. India Commercial Drone Market Revenues, By Filming & Photography Application, 2016-2026F |
8.2. India Commercial Drone Market Revenues, By Inspection & Maintenance Application, 2016-2026F |
8.3. India Commercial Drone Market Revenues, By Mapping & Surveying Application, 2016-2026F |
8.4. India Commercial Drone Market Revenues, By Agriculture Application, 2016-2026F |
8.5. India Commercial Drone Market Revenues, By Surveillance & Monitoring Application, 2016-2026F |
8.6. India Commercial Drone Market Revenues, By Other Applications, 2016-2026F |
9. India Commercial Drone Market Overview, By Regions |
9.1 India Commercial Drone Market Revenues, By Eastern Region, 2016-2026F |
9.2 India Commercial Drone Market Revenues, By Western Region, 2016-2026F |
9.3 India Commercial Drone Market Revenues, By Northern Region, 2016-2026F |
9.4 India Commercial Drone Market Revenues, By Southern Region, 2016-2026F |
10. India Commercial Drone Market - Government Initiatives & Regulations |
11. India Commercial Drone Market - Key Performance Indicators |
12. India Commercial Drone Market Opportunity Assessment |
12.1 India Commercial Drone Market Opportunity Assessment, By Types, 2026F |
12.2 India Commercial Drone Market Opportunity Assessment, By Applications, 2026F |
12.3 India Commercial Drone Market Opportunity Assessment, By Regions, 2026F |
13. India Commercial Drone Market Competitive Landscape |
13.1 India Commercial Drone Market Competitive Benchmarking, By Technical Parameters |
13.2 India Commercial Drone Market Competitive Benchmarking, By Operating Parameters |
13.3 India Commercial Drone Market Revenue Share, By Players, 2019 |
14. Company Profiles |
14.1 Shenzhen DJI Innovation Technology Co. Ltd |
14.2 Ideaforge Technology Private Limited |
14.3 Johnnette Technologies Pvt Ltd |
14.4 Asteria Aerospace Pvt. Ltd |
14.5 Throttle Aerospace Systems Pvt. Ltd. |
14.6 Edall Systems |
14.7 Aarav Unmanned Systems Pvt Ltd. |
14.8 Detect Technologies Pvt Ltd. |
14.9 Kadet Defence Systems (P) Ltd. |
14.10 Rchobbytech Solutions Private Limited |
15. Key Strategic Recommendations |
16. Disclaimer |
LIST OF FIGURES |
1. India Commercial Drone Market Revenues & Volume 2016-2026F (INR Crore) (Units) |
2. India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F |
3. India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F |
4. India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F |
5. Total Number of Drone Start-ups Across Nations, 2019 |
6. Total Funding in Drone Start-ups Across Nations, 2019 (INR Crore) |
7. India Commercial Drone Market Price Trend, By Types (INR) |
8. India Commercial Drone Market Revenues, By Regions, 2016-2026F (INR Crore) |
9. India E-Commerce Industry Players Market Share, 2018 |
10. India Overall Logistics Market Size, 2018-2025E (INR ’00 Crore) |
11. India Farm Mechanization Market, FY 16- FY 25 (INR ‘00 Crore) |
12. Growth Index of Industrial Production, FY 18- FY 20 (%) |
13. Capacity Utilization in Manufacturing Sector, Q1 FY 19-Q1 FY 20 (%) |
14. Available Funding in Roads & Highways by Ministry of Road Transport & Highways (MORTH), 2020-2024 (INR Lakh Crore) |
15. India Commercial Drone Market Revenues Opportunity Assessment, By Types, 2026F (INR Crore) |
16. India Commercial Drone Market Revenues Opportunity Assessment, By Applications, 2026F (INR Crore) |
17. India Commercial Drone Market Revenues Opportunity Assessment, By Regions, 2026F (INR Crore) |
18. India Commercial Drone Market Revenue Share, By Companies, 2019 |
LIST OF TABLES |
1. India Commercial Drone Market Volume, By Types (Units) |
2. India Commercial Drone Market Revenues, By Types (INR Crore) |
3. India Commercial Drone Market Revenues, By Applications, 2016-2026F (INR Crore) |
4. Farm mechanization level in India, 2019 |
5. Upcoming High-Rise Building Across Key Cities in India, as of Feb 2020 |