Europe Commercial Drone Market size surpassed USD 3 billion in 2020 and is predicted to witness over 10% CAGR between 2021 and 2027. The growing adoption of aerial mobility solutions including UAVs, drones, etc., will boost the regional market demand.
Get more details on this report - Request Free Sample PDF
Moreover, the market growth is due to rising demand for advanced drone systems by regional defense agencies. For instance, in February 2021, the Ministry for Armed Forces of France announced to deploy Survey Copter Aliaca, a fixed-wing drone from Airbus. The authority planned to deploy the drone across its marine ships.
Furthermore, the growing investments in the aerospace & defense industry will provide significant growth opportunities for the Europe commercial drone market. For instance, in November 2020, the UK aerospace and aviation industry invested USD 7.9 million in various projects across the country, which has demonstrated the use of the latest cutting-edge aviation technologies during the COVID-19 pandemic. In total, 34 projects have received a share of USD 30.9 million that specifically focused on the pandemic response. The project has further developed drone technology for various purposes including fighting fires and providing humanitarian ads.
The rotary blade drone segment held over 75% market share in 2020, credited to the increasing demand for aerodynamic UAV drones. Rotary blade drones are specially designed to capture real-time imagery. Rotor blades work the same way as a fixed wing, however, constant aircraft forward movement is not required to produce airflow over the blades, instead the blades themselves are in constant movement producing required airflow over their airfoil to generate lift.
The remote operated commercial drone market in Europe is poised to grow exponentially through 2027, owing to the growing demand for drones with advanced and easy flying techniques.
Remotely operated drones comprise the conventional features of operating a machine through remotes. A drone comprises a receiver which receives instruction signals via a remote controller which is operated by the operator to send transmission signals to the drone. One of the drawbacks of this mode of operation is that the drone operation can only be carried out by a human, i.e., by actively monitoring the drone.
Aerial photography application segment in the Europe commercial drone market will observe around 5% growth rate during the forecast timeframe. The aerial images are used for mapping applications as the maps are used for planning military operations and enabling ground-based combat troops to find their way from place to place. The application is widely used in real estate and retail for marketing and business strategies. Commercial agents and realtors use drones to provide an immersive experience to buyers for checking out properties such as retail parks, farms, lands, and industrial units.
Germany commercial drone market will generate a revenue of USD 1 billion by 2027, attributed to the launch of drone-based delivery & logistics services. Several logistics enterprises are expanding their business operations across the country. For instance, in November 2020, Matternet, an urban drone logistics platform vendor, launched its loan delivery operations in Germany. The company initiated its BVLOS medical drone delivery network in Germany, further contributing to the market expansion.
Moreover, supportive government initiatives for the adoption of drone technology are developing ample growth opportunities for the market. For instance, in June 2021, Germany’s Federal Minister for Transport and Digital Infrastructure collaborated with German Urban Air Mobility (UAM) model cities and regions of Aachen, Ingolstadt, Hamburg, and North Hesse for starting the use of drones in Germany.
Major players operating in the Europe commercial drone market include 3D Robotics, AeroVironment Inc, AltiGator Unmanned Solutions, Azure Drones SAS, Delair Tech, Flyability, OnyxScan Advanced LiDAR Systems, Parrot SA, PrecisionHawk, senseFly Ltd., Terra Drone, and Zipline.
Companies are focusing on developing strategic partnerships for developing advanced drone solutions. For instance, in August 2021, Air Methods entered a partnership with Wingcopter for launching the latest drone solution ‘Spring’. This solution helps healthcare organizations to supply medicines and other essential instruments without any interruptions.