Press release
The European Drone Market Is Projected To Grow At A CAGR Of 21.9% By 2032
Drones find high use in the military; however, with increasing advancements, they are now used for commercial and recreational purposes as well. Drones are now perceived as a source of utility and entertainment, and are also used for entertainment purposes, in addition to other commercial uses. For example, they are being widely used for video recording and also in the film, television and photography industries.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=7365?PJ
๐๐๐ฒ ๐ญ๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ
โข The European drone market is estimated to reach a valuation of US$55.2 billion by the end of 2032.
โข The market witnessed a growth rate of 16.6% during the years 2017-2021.
โข In the type of drones, military drones lead with a 50.3% share of the overall market in 2022.
โข Commercial drones account for 33.8% of the market share and are projected to increase to 22.3% CAGR during the forecast years of 2022-2032.
โข In end use, construction and mining dominate with a 27.8% market share and are likely to expand at a CAGR of 22.9%.
โข Germany leads the market with a share of 18.2% = and is projected to advance with a CAGR of 20.3% over the forecast years.
โข Together, Germany and the UK are likely to account for 33.8% of the total market share in 2022.
" Increased demand for drones for recreational and commercial purposes, coupled with advances in drone technology, is expected to drive the European drone market for years to come," says a Fact.MR analyst.
๐๐ฎ๐ซ๐ฏ๐๐ฒ ๐จ๐ง ๐ญ๐ก๐ ๐๐ซ๐จ๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฒ ๐๐๐ญ๐๐ ๐จ๐ซ๐ฒ
โข Europe Drone Market By Drone Type:
โข consumer/civilian drones
โข Commercial Drones
โข military drones
โข Europe drone market by product type:
โข fixed wing drones
โข rotary wing drones
โข Hybrid drones
โข Europe Drone Market by Payload:
โข Drones up to 25 Kg
โข 25 Kg- 50 Kg
โข 50 kg - 100 kg
โข 100 kg -1150 kg
โข Above 150 kg
โข Europe Drone Market by Power Source:
โข electric drones
โข Gas/petrol/diesel drones
โข Hybrid drones
โข Europe Drone Market by End Use:
โข Agriculture and forestry
โข Delivery and Logistics
โข media and entertainment
โข Construction and Mining
โข oil gas
โข Security and Law Enforcement
โข recreational activity
โข Others
โข Europe Drone Market By Sales Channel:
โข OEM
โข after sales
โข online stores
โข Direct to Consumer
โข Third party online
โข modern commercial channels
โข electronic stores
โข franchised stores
โข Independent Stores
โข Others
โข Europe drone market by country:
โข Germany
โข Italia
โข France
โข spain
โข United Kingdom
โข Russia
โข BENELUX
โข rest of Europe
๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
The main drone manufacturers in Europe are witnessing increased competition in a market that has experienced great development in terms of innovation and technological advancement. Due to the increased application of drones in different end-use industries, companies in the market are focusing on reducing the cost of drones to make them more accessible.
๐๐จ๐ซ๐ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐จ๐๐๐๐ซ
Fact.MR, in its new offering, presents an unbiased analysis of the European drone market, presenting historical market data (2017-2021) and forecast statistics for the period 2022-2032.
The study reveals essential information by drone type (consumer/civilian, commercial, military), product type (fixed wing, rotary wing, hybrid wing), payload (up to 25kg, 25kg-50kg, 50kg-100 kg, 100 kg- 150 kg, over 150 kg), power source (electric, gas/gas/diesel, hybrid), end use (agriculture and forestry, delivery and logistics, media and entertainment, construction and mining, oil and gas, security and laws law enforcement, recreation, other) and sales channel (OEM, after-sales (online stores (direct-to-customer, third-party online), modern trade channels, e-stores (franchise store, independent stores ), others), in the main European countries (Germany, Italy, France, Spain, United Kingdom, Russia, BENELUX and the rest of Europe)
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7365?PJ
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E Mail : sales@factmr.com
Fact.MR is a market research and consulting firm with deep expertise in emerging market intelligence. Ranging from Automotive and Industry 4.0 to Healthcare, Technology, Chemicals, Materials and even the most niche categories.
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