New York, NY, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Smart Commercial Photography Drones Market By Product (Rotary Blade, Fixed Wing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global smart commercial photography drones market was USD 1.6 billion in 2018 and is expected to reach around USD 10.6 billion by 2025, growing at a CAGR of 40% between 2019 and 2025.
Drone photography has several applications across various industries, such as oil and gas, construction, agriculture, and logistics. Smart drones are capable of autonomous driving along with the ability to recognize the nature of a wide range of objects. When compiled with machine learning, smart drones can improve work efficiency and ensure safety.
Browse through 20 Tables & 16 Figures spread over 120 Pages and in-depth TOC on “Global Smart Commercial Photography Drones Market by Type, Size, Share, Industry Trends and Forecast, 2018–2025”.
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The ability of smart drones to reach and capture the view of a place, which is not accessible for a normal human, are the main driving factors of the smart commercial photography drones market globally. The use of commercial drones for civilian applications, such as wedding photography, agricultural inspection, etc., has increased in recent years. Furthermore, various industries, such as military, media, and journalism, etc., are using drone photography to gain information; this is likely to create more growth opportunities for the smart commercial photography drones market in the upcoming years. Moreover, smart drones are capable of computer vision, facial recognition, object recognition, and tracking; these advantages of smart drones will create further growth opportunities for the smart commercial photography drones market.
The smart commercial photography drones market is fragmented based on product and region. The product segment includes fixed wing, rotary blade, and others. Fixed wing drones are simple structures and thus have less complex drone maintenance and repair. Fixed wing drones are cheap as compared to the rotary blade. Rotary blade drones can maintain one position without any continuous forward motion, which is needed in fixed wing drones to fly. The ability of rotary blade drones to take off and land vertically is an advantage over fixed wing drones.
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North America had the largest share in the smart commercial photography drones market globally in 2018. This regional market is likely to grow in the future, owing to the growing adoption of smart drones for delivery by e-commerce market players. The commercial use of drones for photography has increased in North America, due to easy to operate drone functions and the growing attractiveness of aerial photography. Moreover, the increasing use of drones for construction, mining, and logistic purposes has led to an increase in the investment by companies in the development of smart drones, to attract a larger customer base.
Europe held a significant share in the global market for smart commercial photography drones in 2018, due to the increasing use of smart drones for public safety, agricultural automation, and energy sector. The remote sensing ability of smart drones is another prime factor driving the smart commercial photography drones market in Europe. Moreover, the increasing use of drones by media to film general and religious news, stream live sport, and shoot entertainment movies is also anticipated to duel this regional market.
Browse the full “Smart Commercial Photography Drones Market By Product (Rotary Blade, Fixed Wing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/smart-commercial-photography-drones-market
The Asia Pacific is likely to record the highest CAGR for smart commercial photography drones market globally. China has been the key country involved in technological developments of smart drones, due to the cheap availability of drone parts in the region and technological advancements in artificial intelligence and data analytics. The regional use of drones in logistics, defense, and land surveying applications is increasing, which is a major driving factor for this regional market, particularly in China, Japan, and Singapore. Furthermore, Japan is likely to boost the development of futuristic drones capable of facial recognition and autonomous driving in the future.
Latin America had a considerable share of the smart commercial photography drones market in 2018 globally, due to the technological developments and growing use of aerial photography in agricultural applications in Argentina and Brazil.
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The Middle East and Africa is projected to record slower growth in the smart commercial photography drones market, owing to the increasing number of construction projects to attract the global tourism market. The Africa market will be driven by the growing use of smart drones to determine the quality of the crop using previous data.
Some key players in the smart commercial photography drones market across the globe are SZ DJI Technology, 3D Robotics, Parrot Drones, Israel Aerospace Industries, Elbit Systems, HUVRData, XAIRCRAFT Technology, Ascending Technologies, Zero-tech UAV, and AeroVironment.
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This report segments the global smart commercial photography drones market into:
Global Smart Commercial Photography Drones Market: Product Analysis
- Rotary Blade
- Fixed Wing
- Others
Global Smart Commercial Photography Drones Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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