North America Drone Services Market Size (2024 - 2029)

The North American drone services market is anticipated to expand significantly, driven by increased innovation, reduced costs, and advancements in automation technologies. Despite initial impacts from the COVID-19 pandemic, the market has shown resilience, with a recovery in demand as commercial activities resume. The integration of drone technologies across various sectors is expected to make these services more economical, contributing to the overall growth of the market size in the region.

Home Market Analysis Aerospace & Defense Research Unmanned Systems Research UAV Research North America Drone Services Industry Market Size

Market Size of North America Drone Services Industry

North America Drone Services Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 11.00 %

Major Players

North America Drone Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Drone Services Market Analysis

The North American drone services market is expected to witness a CAGR of over 11% during the forecast period (2022 - 2027).

The COVID-19 pandemic has impacted some of the application segments of the market in focus in 2020. However, as the lockdown measures are lifted and the commercial activity resumes, the demand for drones has started recovering in 2021. On the other hand, the demand for applications like medical delivery and law enforcement has increased even during 2020, as drones were used during lockdowns for surveillance and contactless delivery purposes.

Due to increased innovation, lowering costs, and the development of automation technologies, the drone service business is expected to grow. In North America, as the application and integration of drone technologies penetrate a variety of sectors, drone services are expected to become further economical in the years to come.

North America Drone Services Industry Segmentation

The North American drone services market encompasses the market of drone-based services in various commercial and civilian applications in the North American region. The market offers an overview of the developments in the drone services industry in the region. The North American drone services market is segmented by application into construction, agriculture, energy, law enforcement, medical and parcel delivery, and other applications. The other applications segment includes the usage of drone services for applications such as entertainment, insurance, and mining. The report also offers the market size of and forecasts for the North American drone services market in major countries in the region. For each segment, the market size and forecasts are represented in value (USD million).

Application
Construction
Agriculture
Energy
Law Enforcement
Medical and Parcel Delivery
Other Applications
Geography
North America
United States
Canada
Need A Different Region Or Segment?
Customize Now

North America Drone Services Market Size Summary

The North American drone services market is poised for significant growth, driven by advancements in technology, cost reductions, and increased automation. The market is recovering from the impacts of the COVID-19 pandemic, with a surge in demand for applications such as medical delivery and law enforcement during lockdowns. As commercial activities resume, the integration of drone technologies across various sectors is expected to make drone services more economical. In agriculture, drones are being utilized to monitor crop health and enhance farm efficiency through data-driven technologies like machine learning and artificial intelligence. This trend is supported by rising investments in agritech startups, which are leveraging drones to improve agricultural yields and reduce chemical usage.

In the United States, the drone services market is expected to expand due to supportive federal programs, technological advancements, and increasing enterprise demand. The Federal Aviation Administration's regulations have facilitated the safe operation of drones in commercial settings, contributing to market growth. The offshore industry is a significant area of expansion, with drones being used for inspections and maintenance. Additionally, investments in drone delivery systems by companies like Amazon and DHL are driving market development. Key players in the market, such as CyberHawk Innovations Limited and AgEagle Aerial Systems Inc., are focusing on R&D, diversifying services, and strategic acquisitions to strengthen their market presence. Government initiatives, including BVLOS drone operations, are encouraging new entrants, enhancing market competitiveness.

Explore More

North America Drone Services 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 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    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 North America

        1. 2.2.1.1 United States

        2. 2.2.1.2 Canada

North America Drone Services Market Size FAQs

The North America Drone Services Market is projected to register a CAGR of greater than 11% during the forecast period (2024-2029)

CyberHawk Innovations Limited, AgEagle Aerial Systems Inc., Zipline, PrecisionHawk and DroneDeploy Inc. are the major companies operating in the North America Drone Services Market.

North America Drone Services Market Report Snapshots

North America Drone Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)