India Commercial Drones Market is Booming and Predicted to Hit USD 1,626.4 Million by 2032

India Commercial Drones Market is Booming and Predicted to Hit USD 1,626.4 Million 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)

Market Size in 2023: USD 813.2 Million

Market Size in 2032: USD 1,626.4 Million

The India commercial drones market is expanding, driven by sectors like agriculture, logistics, and surveillance, with strong growth potential. 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:

The India commercial drones market is experiencing significant growth, fueled by their increasing use across industries like agriculture, construction, logistics, and surveillance. Government support, such as the Digital Sky Platform and drone usage policies, has simplified the licensing process, further accelerating adoption.

In construction and infrastructure, drones are used for site surveys, mapping, and real-time monitoring, enhancing project efficiency and safety. In logistics, drones are being explored for last-mile delivery, driving demand in the sector. Drones also play a vital role in surveillance for defense, law enforcement, and disaster management, contributing to market expansion.

Technological innovations, including improved hardware, battery life, and software capabilities, are boosting the performance and utility of drones. The integration of artificial intelligence (AI), machine learning (ML), and data analytics is enhancing the precision of data collection and analysis, particularly in sectors like agriculture, urban planning, and environmental monitoring.

The rise of drone startups and increased investments in research and development are fostering innovation, leading to drones with improved range, payload capacity, and autonomy. Moreover, the “Make in India” initiative is driving the development of indigenous drone technology, reducing reliance on imports. As awareness of drones’ cost-effectiveness, efficiency, and data accuracy grows, the India commercial drones market is poised for further expansion.

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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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Email: sales@imarcgroup.com 

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