India Commercial Drones Market to See Striking Growth by 2032

India Commercial Drones Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.0% (2024-2032)

The India commercial drones market is rapidly expanding, driven by advancements in technology, regulatory support, and increasing applications across industries. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 8.0% from 2024 to 2032.

India Commercial Drones Market Trends and Drivers:

The rising utilization of drones in various industries like agriculture, construction, logistics, surveillance, etc., is responsible for the growth of the India commercial drones market. Additionally, the market is propelled by supportive regulations by government authorities, including the Digital Sky Platform and drone usage policies, which have eased the process of obtaining licenses.

The construction and infrastructure sectors are also utilizing drones for site surveys, mapping, and real-time monitoring, reducing project timelines, and improving safety. Moreover, the logistics industry is exploring the use of drones for last-mile delivery solutions, further driving demand. The growing reliance on drone technology for surveillance and security applications in defense, law enforcement, and disaster management is another critical factor contributing to market expansion.

Technological advancements are augmenting the India commercial drones market, with improvements in drone hardware, battery life, and software capabilities enhancing their utility and performance. In addition to this, the integration of artificial intelligence (AI), machine learning (ML), and data analytics in drones is allowing for more precise data collection and analysis, making drones indispensable in sectors like agriculture, urban planning, and environmental monitoring.

The rise of drone startups and increasing investments in research and development are also fostering innovation, leading to the creation of drones with improved range, payload capacity, and autonomous capabilities. Furthermore, the focus by government authorities on boosting local manufacturing under the “Make in India” initiative is promoting the development of indigenous drone technology, reducing dependence on imports. The growing awareness of the advantages drones offer in cost reduction, efficiency, and data accuracy is anticipated to drive the India commercial drones market in the coming years.

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India Commercial Drones Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Weight:

  • <2 Kg
  • 2 Kg-25 Kg
  • 25 Kg-150 Kg 

Breakup by System:

  • Hardware
    • Airframe
    • Propulsion System
    • Payloads
    • Others
  • Software

Breakup by Product:

  • Fixed Wing
  • Rotary Blade
  • Hybrid

Breakup by Mode of Operation:

  • Remotely Operated
  • Semi-Autonomous
  • Autonomous

Breakup by Application:

  • Filming and Photography
  • Inspection and Maintenance
  • Mapping and Surveying
  • Precision Agriculture
  • Surveillance and Monitoring
  • Others

Breakup by End Use:

  • Agriculture
  • Delivery and Logistics
  • Energy
  • Media and Entertainment
  • Real Estate and Construction
  • Security and Law Enforcement
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21383&flag=C

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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