Drones Market Size And Forecast 2017-2037 (United States)

Executive Summary

This report helps suppliers of drone equipment, software and services as well as investors to better understand and assess the market opportunity for commercial, industrial and civil government drones in the US market for a 20-year period from 2017 to 2037. Our market analysis is based on disclosed vendor revenues, estimated revenues based on employee numbers and insights into current penetration rates. The market model is based on segments defined by eleven usage scenarios as opposed to industries. For the growth forecast, Verdantix applied logistic growth and bi-logistic growth curve algorithms, which are based on research of the typical patterns of the adoption of innovations by a specific population. The forecast finds that US is the largest market for commercial, industrial and civil government drones and revenues will grow from $455 million in 2017 to $6.1 billion in 2037 representing a CAGR of 14%.