The widespread adoption of drones for commercial applications and relative technology developments are likely to drive the industry growth. The increasing commercial drone adoption across municipal and industrial enterprises along with expanding revenue opportunities in the agriculture sector is contributing to the market demand.
The commercial drone market landscape is characterized by the increasing deployment of drones for industrial and commercial applications. The capabilities of commercial drones are being leveraged by different industry sectors to acquire data from strategic vantage points that have been either too expensive or inaccessible. Amid the ongoing COVID-19 pandemic, enterprises have deployed drones as a viable solution to deliver various goods and medicines. In July 2020, Drone Delivery Canada Corporation’s Sparrow drone supplied Personal Protection Equipment (PPE), hygiene kits, test kits, and test swabs in Canada with minimal human involvement. Such initiatives have strengthened the market demand at the global level.
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