Report: Commercial Drones Expected to Reach $22.8B Market by 2025

DronesReport FrostSullivan400x275

June 17, 2021

A new analysis by Frost & Sullivan on the global commercial unmanned aerial systems (UAS) market shows a $22.28 billion market by 2025, up from a $9.43 billion market in 2020. Spurring the growth are advances in autonomy and artificial intelligence, as well as workforce cost reduction and data collection that shortens the time it takes to produce results. The firm said the market will experience a compound annual growth rate (CAGR) of 18.8% through the next five years.

“The willingness of many countries to relax drone-related restrictions or quickly grant waivers for their use has resulted in increased and accelerated awareness about the benefits that drones can offer in delivering a wide range of medicines and goods, especially in areas where infrastructure is lacking,” said Michael Blades, vice president of research, Aerospace & Defense Practice, at Frost & Sullivan. “This will encourage companies that supply products and technologies enabling a drone delivery ecosystem to look for strategic partnerships and work with national aviation authorities to advance rulemaking.”

Blades said the trend of accelerating mergers and acquisitions will continue throughout 2021 as the commercial UAS market transitions to a steady growth market. In addition, consolidation will focus on developing vertically integrated hardware or end-to-end software solutions.

The firm said market participants should capitalize on the following growth prospects:

  • Software and hardware that improve autonomous flight and data processing. Drone OEMs should work with partners to ensure they have software and sensors integrated into their platforms to provide robust collision and obstacle avoidance for automated flight plans and profiles.
  • Drones that deliver consumer goods and food. OEMs need to work with civil aviation authorities to ensure their platforms meet airworthiness requirements, which would permit them to fly beyond visual line of sight (BVLOS) missions.
  • Drone hardware and software that enable highly accurate inspections. Companies need to maximize imaging and data collection stability by centering them around autonomy, precise control of the platforms and sensors, and the ability to carry advanced camera and sensor payloads.

More details on the market are provided in Frost & Sullivan’s Global Aerospace & Defense Growth Partnership program.

Robotics World News

  • Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics Raises $2.2M in Seed Round Funding

    Raise Robotics, which develops robotic equipment for construction sites, has announced it raised $2.2 million in a pre-seed funding round (reported by Construction Dive). The company is currently providing fenestration and mass timber contractors with semi-autonomous equipment that completes bracket layout, installment and verification four times faster than standard methods. “Our mission at Raise is… Read More…

  • Scythe Robotics Raises $42M for Commercial Autonomous Mower

    Scythe Robotics Raises $42M for Commercial Autonomous Mower

    Colorado-based Scythe Robotics, which develops advanced commercial-grade autonomous systems for professional landscapers, has announced it raised $42 million in Series B funding. The company said it will use the funding to help meet demand for more than 7,500 reservations for its fully electric, fully autonomous M.52 mower. With the latest financing, Scythe Robotics has raised… Read More…

Products for Robots & Cobots

  • Celera Motion Introduces the World’s Smallest Servo Drives

    Celera Motion Introduces the World’s Smallest Servo Drives

    Celera Motion, a business unit of Novanta Inc., announced the launch of two of the world’s smallest servo drives, the Denali Series. Denali is the latest addition to Celera Motion’s line of premium-performance Ingenia servo drives. Denali offers hardware architecture as well as optimized power management, with a minimum standby power consumption of down to 1.2 W. The servo drives… Read More…

  • Heiland Electronics Introduces Mini I/O Connectors for Fast Speeds and Easy Field Installs

    Heiland Electronics Introduces Mini I/O Connectors for Fast Speeds and Easy Field Installs

    Heilind Electronics, a leading global distributor of electronic components and authorized distributor for TE Connectivity, offers the Mini I/O Cat6A connector as part of its full line of TE ethernet products. TE Industrial’s Mini I/O connectors eliminate the need for special tools to create a fast and secure wire-to-wire or wire-to-board connection. The mini I/O… Read More…