India Commercial Drones Market 2024: A Valuation of USD 1,626.4 Million Predicted by 2032 | IMARC Group

India Commercial Drones Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.0% (2024-2032)

Market Size in 2023: USD 813.2 Million

Market Size in 2032: USD 1,626.4 Million

The India commercial drones market is rapidly expanding, driven by advancements in technology and increasing applications across industries. According to the latest report by IMARC Group, the size reached USD 813.2 Million in ​2023​. Looking forward, IMARC Group expects the market to reach USD 1,626.4 Million by ​2032​, exhibiting a growth rate (CAGR) of 8.0% during 2024-2032.

India Commercial Drones Market Trends and Drivers:

Growing applications in industries including agriculture, construction, logistics, surveillance, etc., are the factors responsible for the growth of the India commercial drones market. Additionally, the market is propelling owing to the initiatives by government authorities that are encouraging the adoption of advanced technologies, including drones, to enhance productivity and efficiency.

Besides this, the rising e-commerce and logistics sectors are also adopting drones for faster deliveries and warehouse management, further boosting market demand. Moreover, advancements in drone technology, including improved payload capacity, longer flight times, and enhanced data analytics, are making drones increasingly versatile and reliable.

The integration of artificial intelligence, machine learning, and advanced sensors to enhance operational capabilities and efficiency is augmenting the India commercial drones market. In addition to this, the development of drones with autonomous flight features and real-time data processing is particularly significant in sectors like disaster management and security surveillance. Furthermore, the relaxation of drone regulations and the establishment of the Digital Sky Platform by the Directorate General of Civil Aviation (DGCA) are fostering a supportive ecosystem for drone operations.

The rise of local drone manufacturers and startups, backed by government funding and private investments, is strengthening domestic production, and reducing reliance on imports. The increasing focus on using drones for environmental monitoring and renewable energy projects highlights their growing importance in sustainable development. Apart from this, continued technological advancements, favorable regulatory frameworks, and expanding industry applications are anticipated to drive the India commercial drones market in the coming years.

Request for a sample copy of this report: https://www.imarcgroup.com/india-commercial-drones-market/requestsample

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.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

Leave a comment