PALM BEACH, Fla., April 17, 2025 /PRNewswire/ -- FN Media Group News Commentary - New reports focusing on the global drone market are suggesting a better outlook than previously expected. One recent report said that the global drone industry has progressed significantly since its early days of experimentation and regulatory challenges. Its growth is now more than just a buzzword; it signifies a quantifiable, multibillion-dollar trend affecting various industries, including construction, agriculture, infrastructure, and energy. The commercial drone industry has shown resilience and adaptability despite certain regions' geopolitical tensions and economic uncertainties. Indeed, the latest report projects a compound annual growth rate (CAGR) that firmly establishes drones as a vital part of automation strategies and digital infrastructure." It continued: "According to the analysis, the global market is projected to reach US$57.8 billion by 2030, up from an estimated US$40.6 billion in 2025. These figures indicate that drone use has increased across industries and that the entire drone ecosystem—from services and software to hardware and regulations—has matured significantly. The largest segment of the commercial drone market is the commercial service market, projected to generate US$29.4 billion by 2025. The second largest and fastest-growing segment is commercial hardware, valued at US$6.7 billion as of 2025. The smallest segment is the commercial software market, expected to reach US$1.7 billion in size by 2025." Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ambarella, Inc. (NASDAQ: AMBA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Ondas Holdings Inc. (NASDAQ: ONDS), Lockheed Martin (NYSE: LMT).
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Multi-Billion Dollar Global Drone Industry Showing Resilience and Adaptability as Further Expansion & Growth Expected
Barchart·04/17/2025 08:15:00
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