Global Commercial Drones Market: Rising Usage of Drone in Defense and Entertainment Sectors to Fuel Demand
The global commercial drones market is dominated by DJI and Parrot S.A. These companies together account for over 75% of the market, finds Transparency Market Research (TMR) in a new study. Among these companies, DJI has emerged as the market leader in terms of revenue as it has an extensive product portfolio ranging from consumer to professional drones. Likewise, Parrot S.A. has gained considerable traction in the last few years. The companies especially focus on developing advanced drones with improved landing capabilities. Aurora Flight, Denel SOC Ltd., Draganfly, and Northrop Grumman Corporation are among other companies with strong foothold in the global commercial drones market. Global Commercial Drones Market: Snapshot The demand for commercial drones is accelerating thanks to their increasing use in aerial photography, precision agriculture, and surveillance applications. Images and videos captured through drones provide better image quality and resolut...