Europe Drones Market Size (2024 - 2029)

The Europe Commercial Drone Market is projected to experience significant growth over the forecast period, driven by advancements in drone technology and supportive regulatory changes from the European Union Aviation Safety Agency. Despite the initial impact of the COVID-19 pandemic on recreational drone operations, demand in industrial sectors rebounded, leading to new applications, particularly in law enforcement. The market's expansion is supported by the availability of diverse drone models catering to various commercial needs. However, challenges such as stringent regulations on beyond visual line of sight operations, security and safety concerns, and a shortage of trained pilots may impede the market's growth trajectory.

Market Size of Europe Drones Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Europe Drones Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 7.32 Billion
Market Size (2029) USD 11.07 Billion
CAGR (2024 - 2029) 8.62 %

Major Players

Europe Drones Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Europe Drones Market Analysis

The Europe Drones Market size is estimated at USD 7.32 billion in 2024, and is expected to reach USD 11.07 billion by 2029, growing at a CAGR of 8.62% during the forecast period (2024-2029).

Though the COVID-19 pandemic has affected the recreational and entertainment sector and the related drone operations in 2020, other industrial sectors rebounded quickly in 2021, fueling the rebound in the drone demand. On the other hand, the advent of the pandemic has also helped the industry witness new use cases, especially from the law enforcement applications for monitoring the enforcement of COVID-19 measures.

With the advancements in drone technologies, drone manufacturers are now providing a wide range of drone models in various sizes, weights, and payload carrying capabilities to support the broad range of commercial applications.

The changes in drone regulations made by the European Union Aviation Safety Agency (EASA) are supporting the deployment of drones in various sectors, like infrastructure, agriculture, transport, entertainment, and security. However, factors like strict regulations for beyond the visual line of sight operations of drones, security and safety concerns, and lack of trained pilots, are anticipated to hamper the growth of the market during the forecast period.

Europe Drones Industry Segmentation

The market study of drones includes the use of unmanned aerial vehicles (UAVs) in civil and commercial applications. The market is segmented by application into construction, agriculture, energy, entertainment, law enforcement, delivery, and other applications. The other applications segment includes the use of drones in recreational, insurance (damage monitoring and estimation), aircraft/ship maintenance, journalism, reforestation, and wildlife conservation, among others. The energy sub-segment includes the deployment of drones in the oil and gas sector for asset monitoring and maintenance activities, such as visualization of cracks on windmill blades and oil and gas pipeline monitoring. The report also offers the market sizes and forecasts for the drones market in major countries in the region. For each segment, the market sizes and forecasts are done based on value (USD million).

Application
Construction
Agriculture
Energy
Law Enforcement
Medical and Parcel Delivery
Other Applications
Geography
United Kingdom
France
Germany
Russia
Spain
Rest of Europe
Need A Different Region Or Segment?
Customize Now

Europe Drones Market Size Summary

The European commercial drone market is poised for significant growth, driven by advancements in drone technology and supportive regulatory changes from the European Union Aviation Safety Agency (EASA). The market is experiencing a resurgence following the initial impact of the COVID-19 pandemic, which, while disrupting recreational drone use, spurred new applications in sectors like law enforcement. The construction industry, in particular, is witnessing a transformation due to drone technology, which offers faster, safer, and more cost-effective surveying methods. Drones are increasingly used for tasks such as bridge and roof inspections, leveraging technologies like LiDAR for detailed digital modeling. This shift is exemplified by companies like Bauer Umwelt, which have successfully integrated drones into their operations, highlighting the efficiency and cost savings achieved.

The United Kingdom stands out as a leading market within Europe, with government initiatives and collaborations fostering drone adoption across various sectors, including emergency services and construction. The UK's Civil Aviation Authority has been proactive in enabling beyond-visual-line-of-sight (BVLOS) operations, supporting innovations from local startups and established companies alike. The oil and gas industry in the UK has been a significant adopter, with companies like British Petroleum utilizing drones to enhance safety and reduce costs. The European drone market is characterized by fragmentation, with numerous players like Azure Drones, Parrot Drones, and Terra Drone vying for market share. These companies are investing in technological advancements to cater to diverse commercial applications, further intensifying competition as regulatory barriers ease.

Explore More

Europe Drones Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Buyers/Consumers

      2. 1.4.2 Bargaining Power of Suppliers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size and Forecast by Value - USD million, 2018 - 2027)

    1. 2.1 Application

      1. 2.1.1 Construction

      2. 2.1.2 Agriculture

      3. 2.1.3 Energy

      4. 2.1.4 Law Enforcement

      5. 2.1.5 Medical and Parcel Delivery

      6. 2.1.6 Other Applications

    2. 2.2 Geography

      1. 2.2.1 United Kingdom

      2. 2.2.2 France

      3. 2.2.3 Germany

      4. 2.2.4 Russia

      5. 2.2.5 Spain

      6. 2.2.6 Rest of Europe

Europe Drones Market Size FAQs

The Europe Drones Market size is expected to reach USD 7.32 billion in 2024 and grow at a CAGR of 8.62% to reach USD 11.07 billion by 2029.

In 2024, the Europe Drones Market size is expected to reach USD 7.32 billion.

Europe Commercial Drone Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)