How big is the Europe Commercial Drones Market?

The Europe Commercial Drones Market size is expected to reach USD 6.48 billion in 2024 and grow at a CAGR of 12.54% to reach USD 11.69 billion by 2029. Read More

What is the current Europe Commercial Drones Market size?

In 2024, the Europe Commercial Drones Market size is expected to reach USD 6.48 billion. Read More

Who are the key players in Europe Commercial Drones Market?

Terra Drone Corporation, Parrot Drones SAS, Onyx Scan Advanced LiDAR Systems, Azure Drones SAS and AltiGator (Amphios s.r.l./b.v.a) are the major companies operating in the Europe Commercial Drones Market. Read More

What years does this Europe Commercial Drones Market cover, and what was the market size in 2023?

In 2023, the Europe Commercial Drones Market size was estimated at USD 5.67 billion. The report covers the Europe Commercial Drones Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Commercial Drones Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Commercial Drones Market Share

Statistics for the 2023 & 2024 Europe Commercial Drones market share, created by Mordor Intelligence™ Industry Reports. Europe Commercial Drones share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Commercial Drones Industry

The European drone market is fragmented, with several players accounting for significant shares. Some prominent companies in the European drone market are Azure Drones SAS, Parrot Drones SAS, Terra Drone, Onyx Scan Advanced LiDAR Systems, and AltiGator (Amphios s.r.l./b.v.a).

The companies are spending heavily on improving technology and introducing new drone features to support various commercial applications. For instance, in October 2023, ATV France announced that it has partnered with UrbanMatrix Technologies in India to address the frost problem by harnessing cutting-edge UAV solutions to mark a significant step towards intelligent farming. UrbanMatrix’s drones feature patent-pending Lithium-ion battery packs, proprietary NextOS, 4G technology, tamper-proofing module, and AI-powered data processing. Furthermore, with the ease in drone regulations, many companies are entering the drone industry in Europe, which is expected to increase the competition among the players further.