India Commercial Drone Market (2020-2026) | Size, Analysis, Forecast, Trends, Revenue, Growth, industry, Outlook & COVID-19 IMPACT

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: Aug 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 79 No. of Figures: 18 No. of Tables: 5

India Commercial Drone Market Shipment Analysis

India Commercial Drone Market Competition 2023


Latest 2023 Development of the India Commercial Drone Market

In February 2022, the Directorate General of Civil Aviation (DGCA) released a new set of guidelines for operating drones in India. The guidelines aim to simplify the process of obtaining permission to operate drones, making it easier for businesses to use drones for commercial purposes and enhancing the India commercial drone market share. Additionally, the Indian government has launched several initiatives to promote the use of drones in various sectors such as agriculture, mining, and infrastructure. For example, the Ministry of Civil Aviation launched the Drone Corridor Project, which aims to establish dedicated airspace for drone operations in the country. Moreover, the Indian government announced that it would allow the use of drones for delivering COVID-19 vaccines. This move highlighted the potential of drones to play a significant role in healthcare and logistics in India.

Commercial drones are increasingly used in industries such as agriculture, mining, construction, and logistics for tasks such as surveying, inspection, monitoring, and delivery. Additionally, the Directorate General of Civil Aviation (DGCA) issued guidelines for the operation of drones, including registration and obtaining a remote pilot license. These regulations were expected to encourage the adoption of drones for commercial purposes. Further, with the development of advanced sensors, cameras, and software, drones were becoming more capable of performing complex tasks and generating high-quality data. These factors are further fueling the demand for India commercial drone market. In addition, several startups had emerged in India, providing drone-based services such as aerial photography, surveying, and inspection to various industries. Moreover, the government of India had partnered with drone manufacturers and service providers to leverage the technology for various projects, such as mapping and disaster management to promote the India commercial drone industry.

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 the 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 ongoing 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 a 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 establishments in the country which require drones for inventory inspection. Technical up-gradation in the country helps retailers to achieve efficiency and effectiveness in the business a commercial drone is evolving in warehouses by Walmart and is expected to elevate the demand for commercial drones in the country. Additionally, India consists of two Walmart centres established in Lucknow and Hyderabad that use drones for inventory inspection and checking inventory in a limited timespan leading to saving time and labour costs. These are certain factors of the drone that is estimated to boost the enormous growth of commercial drone in the country in the forthcoming years.

India Commercial Drone Market Overview

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 on the Allahabad highway. Further, the filming & photography application has also registered a significant share of India commercial drone market in 2019.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2020.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India Commercial Drone Market Overview
  • India Commercial Drone Market Outlook
  • India Commercial Drone Market Forecast
  • Historical Data of India Commercial Drone Market Revenues & Volume for the Period 2016-2019
  • India Commercial Drone Market Size & India Commercial Drone Market Forecast of Revenues & Volume until 2026
  • Historical Data of India Commercial Drone Market Revenues & Volume, By Types, for the Period 2016-2019
  • Market Size & Forecast of India Commercial Drone Market Revenues & Volume, By Types, until 2026
  • Historical Data of India Commercial Drone Market Revenues, By Applications, for the Period 2016-2019
  • Market Size & Forecast of India Commercial Drone Market Revenues, By Applications, until 2026
  • Historical Data of India Commercial Drone Market Revenues, By Regions, for the Period 2016-2019
  • Market Size & Forecast of India Commercial Drone Market Revenues, By Regions, until 2026
  • Market Drivers and Restraints
  • Porter’s Five Force
  • India Commercial Drone Market Trends & Evolution
  • Industry Life Cycle
  • Market Opportunity Assessment
  • India Commercial Drone Market Overview on Competitive Benchmarking
  • India Commercial Drone Market Share, By Players
  • Company Profiles
  • Key Strategic Recommendation

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

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
India Commercial Drone Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The India Commercial Drone Systems Market revenue is anticipated to record a CAGR of 12.4% during 2020-2026.
Rotary Blade Drones are the leading market segment in the overall market revenues in the year 2019.
The surveying and mapping segment is expected to record key growth throughout the forecast period 2020-2026.
The key players of the market include- Tarkett Group, Gerflor, KDF Ltd., Saudi Rubber Products Co., Technogym S.P.A, Life Fitness Holdings, Inc., Precor Inc., Johnson Health Tech., Decan Sports Equipment S.L, Landscape Structures Inc., Walltopia, Zamperla Middle East, Zipline Europe AB
6Wresearch has a database of more than 60 countries globally, which can make us your first choice for all your research needs.
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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
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