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India

Commercial
Drone
Market
(2020-26)

Market Forecast By Types,


Applications, and Regions
6Wrese arch Overview

6Wresearch – An Overview

6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting

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6Wrese arch Overview

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Ta b l e o f C o n t e n t s
Description Slide No.

1. Executive Summary 10
2. Introduction 11
2.1 Report Description 12
2.2 Key Highlights of the Report 13
2.3 Market Scope & Segmentation 14
2.4 Research Methodology 15
2.5 Assumptions 18
3. India Commercial Drone Market Overview 19
3.1 India Commercial Drone Market Revenues & Volume, 2016-2026F 20
3.2 India Commercial Drone Market - Industry Life Cycle 21
3.3 India Commercial Drone Market SWOT Analysis 22
3.4 India Commercial Drone Market Ecosystem 23
3.5 India Commercial Drone Market - Porter’s Five Forces 24
3.6 India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F 25
3.7 India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F 26
3.8 India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F 27
4. India Commercial Drone Market Dynamics 28
4.1 Impact Analysis 29
4.2 Market Drivers 30
4.3 Market Restraint 32
4
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Ta b l e o f C o n t e n t s
Description Slide No.

5. India Commercial Drone Market Trends & Evolution 35


6. India Commercial Drone Market Price Trend, By Types, 2016-2026F 37
7. India Commercial Drone Market Overview, By Types 38
7.1 India Fixed Wing Drone Market Revenues & Volume, 2016-2026F 39
7.2 India Rotary Blade Drone Market Revenues & Volume, 2016-2026F 39
7.3 India Hybrid Drone Market Revenues & Volume, 2016-2026F 39
8. India Commercial Drone Market Overview, By Applications 40
8.1. India Commercial Drone Market Revenues, By Filming & Photography Application, 2016-2026F 41
8.2. India Commercial Drone Market Revenues, By Inspection & Maintenance Application, 2016-2026F 41
8.3. India Commercial Drone Market Revenues, By Mapping & Surveying Application, 2016-2026F 41
8.4. India Commercial Drone Market Revenues, By Agriculture Application, 2016-2026F 41
8.5. India Commercial Drone Market Revenues, By Surveillance & Monitoring Application, 2016-2026F 41
8.6. India Commercial Drone Market Revenues, By Other Applications, 2016-2026F 41
9. India Commercial Drone Market Overview, By Regions 42
9.1 India Commercial Drone Market Revenues, By Eastern Region, 2016-2026F 42
9.2 India Commercial Drone Market Revenues, By Western Region, 2016-2026F 42
9.3 India Commercial Drone Market Revenues, By Northern Region, 2016-2026F 42
9.4 India Commercial Drone Market Revenues, By Southern Region, 2016-2026F 42
10. India Commercial Drone Market - Government Initiatives & Regulations 44
11. India Commercial Drone Market - Key Performance Indicators 47
5
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Ta b l e o f C o n t e n t s
Description Slide No.

12. India Commercial Drone Market Opportunity Assessment 54


12.1 India Commercial Drone Market Opportunity Assessment, By Types, 2026F 55
12.2 India Commercial Drone Market Opportunity Assessment, By Applications, 2026F 56
12.3 India Commercial Drone Market Opportunity Assessment, By Regions, 2026F 57
13. India Commercial Drone Market Competitive Landscape 58
13.1 India Commercial Drone Market Competitive Benchmarking, By Technical Parameters 59
13.2 India Commercial Drone Market Competitive Benchmarking, By Operating Parameters 60
13.3 India Commercial Drone Market Revenue Share, By Companies, 2019 63
14. Company Profiles 64
14.1 Shenzhen DJI Innovation Technology Co. Ltd 65
14.2 Ideaforge Technology Private Limited 66
14.3 Johnnette Technologies Pvt Ltd 67
14.4 Asteria Aerospace Pvt. Ltd 68
14.5 Throttle Aerospace Systems Pvt. Ltd. 69
14.6 Edall Systems 70
14.7 Aarav Unmanned Systems Pvt Ltd. 71
14.8 Detect Technologies Pvt Ltd. 72
14.9 Kadet Defence Systems (P) Ltd. 73
14.10 Rchobbytech Solutions Private Limited 74
15. Key Strategic Recommendations 75
16. Disclaimer 78
6
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Executive Summary
CHAPTER-1

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India Commercial Drone Market Revenues India Commercial Drone Market
2016-2026F (INR Crore) Revenue Share, By Regions, 2019
CAGR 2020E-26F: XX%

XX XX
XX Western
XX
XX
XX
XX XX Southern
672.0 741.7 XX
XX
XX Northern
XX

Eastern

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F XX

India Commercial Drone Market Revenue India Commercial Drone Market Drivers
Share, By Types, 2019

XX Increasing Awareness

Rotary Blade
XX
Fixed Wing
Growing Domestic Manufacturing
Hybrid

XX
Emergence of Digital Sky Platform

Source: 6wresearch
Introduction
CHAPTER-2

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2.1 Introduction

Report Description

▪ In the past few years, the India commercial drone market witnessed substantial growth on account of increasing awareness, technological

advancement, and growing adoption across several verticals such as mining, filming & photography and agriculture in the country. The outbreak of

COVID-19 has highlighted the importance of drones in India and would act in favor of the drone industry in the coming years.. Additionally,

government initiatives such as the “Make in India”, which promotes the domestic manufacturing of drones, would further fuel the growth of

commercial drone market in India during the forecast period.

▪ According to 6Wresearch, India commercial drone market size is projected to grow at a CAGR of XX % during 2020-2026. Based on types,

rotary blade drones accounted for the highest market revenue and volume share in 2019 owing to its special advantage of vertical landing and take

off. Also, they could hover at one particular point and are best suited for the short range applications. However, significant growth is recorded in

fixed wings drones on account of its simple structure and longer duration at high speed.

▪ Though, commercial drones are widely accepted and implemented across several verticals, mapping & surveying holds the majority of revenue

share due to high accuracy and quality provided by such drones with relatively less manpower and low cost. Also, recently, the government of India

has employed drones for 3D digital mapping for road widening in Allahabad highway. Further, filming & photography application has also

registered significant share in India commercial drone market 2019.

▪ The India commercial drone market report comprehensively covers the India commercial drone market by types, applications, and regions. India

commercial drone market outlook report provides an unbiased and detailed analysis of the on-going India commercial drone market trends,

opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the

current and future market dynamics.

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2.2 Introduction

Key Highlights

▪ Historical Data of India Commercial Drone Market Revenues & Volume for the Period 2016-2019.

▪ Market Size & Forecast of India Commercial Drone Market Revenues & Volume until 2026.

▪ Historical Data of India Commercial Drone Market Revenues & Volume, By Types, for the Period 2016-2019.

▪ Market Size & Forecast of India Commercial Drone Market Revenues & Volume, By Types, until 2026.

▪ Historical Data of India Commercial Drone Market Revenues, By Applications, for the Period 2016-2019.

▪ Market Size & Forecast of India Commercial Drone Market Revenues, By Applications, until 2026.

▪ Historical Data of India Commercial Drone Market Revenues, By Regions, for the Period 2016-2019.

▪ Market Size & Forecast of India Commercial Drone Market Revenues, By Regions, until 2026.

▪ Market Drivers and Restraints

▪ Porter’s Five Force Analysis

▪ Market Industry Life Cycle

▪ Market Opportunity Assessment

▪ Competitive Benchmarking

▪ Market Trends

▪ Players Market Share

▪ Company Profiles

▪ Key Strategic Recommendations

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2.3 Introduction

Market Scope & Segmentation

Segmentation Basis Segmentation

Types ▪ Fixed Wing Drone

▪ Rotary Blade Drone

▪ Hybrid Drone

Applications ▪ Filming & Photography ▪ Agriculture

▪ Inspection & Maintenance ▪ Surveillance & Monitoring

▪ Mapping & Surveying ▪ Others (Environmental Conservation, Search

& Rescue, etc.)

Regions ▪ Eastern ▪ Northern

▪ Western ▪ Southern

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2.4 Introduction

Research Methodology – Sources of Information

▪ The research begins with defining and agreeing on the requirement of the client followed by developing the structured ▪ Need Assessment
tree on the investment case scope

2
▪ After understanding the requirement of the client, our data collection team begins the research by collecting the data ▪ Collects the facts
from various sources. ▪ (In-house database and
▪ Followed by, collection of data through experts' interviews (knowledge partners), key players, consultants and all other Primary Interviews and
key stakeholders Desk Research)
▪ Secondary research allows gathering of supporting information. Sources include: paid, Floor and in-house database

3
▪ Complete the necessary analysis utilizing appropriateanalytical techniques ▪ Analyze and synthesize the
▪ Synthesize findings to identify the “so whats” and draw the necessary conclusions. facts (On going)

▪ Identification of various factors affecting the market. 4


▪ Above factors would then be plugged into various models to arrive at estimated market size and market forecasts.
▪ Application of sizing and
forecasting models
▪ Typically sizing models follows are Top-down and Bottom-up approach and forecasting models include Time series,
Regression, Exponential smoothing and Moving average

5
▪ Data is further sent to the experts for the validation and final approval ▪ Data Validation

▪ Market deliverables are then prepared as agreed in the form of PDF, PPT, Spreadsheet, Report, etc. 6
▪ Consistent utilization of easy-to-flow format. ▪ Prepare and communicate
▪ Delivery of results. the results

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2.4 Introduction

Research Methodology – Sources of Information

A B
Expert Interviews including key In-house Shipment Database

B A
stakeholders (CXOs, VPs, Business
Heads, Managers and Senior
Managers), Distributors, Consultants,
and others Experts

C C
Country-Wise Statistical Research

D Sources D
Databases including Statistical,
of Information Factiva, Reuters, Bloomberg, CapIQ,
E
Desk Research including general

E
searches, filings, annual reports,
Debtwire and Merger Markets magazines and journals

Expert Interviews /Primary Research

▪ 6Wresearch has a unique mix of both desk as well as primary research. Our custom studies comprises of 50% primary research/end user survey and 20% database and
30% desk research.

▪ Most of the research publications are of ongoing studies and thus have developed engagements with various players and stakeholders. We encourage players to become
our contributors (knowledge partners) and avail free studies or with heavy discount. Our contributors play a vital role in primary research

▪ 6W comprises of standalone primary research team which gathers data from various stakeholders

▪ Information both from our contributors (knowledge partners) and data collection team are then further sent to the core team of analyst for application to the relevant
analytical tool

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2.4 Introduction

Robust Forecasting Model

FORECASTING METHODOLOGY

▪ The analysis conducted is based on actual operating data from selected samples. The historical data is extracted based on company filings,
estimation model, in-house & paid database, local and international statistics and desk research.

▪ The forecasting methodology is based on an analysis of rolling averages, trend estimation and extrapolation. Anticipated events expected to
shape the future dynamics of supply and demand are identified then weighted against relevance and impact, thereby forecasting performance of
the relevant market.

▪ Where available, monthly and annual historical data trends from the past 5 or 10 years are analyzed to identify demand patterns, and is utilized
as a forecasting base.

▪ Knowledge contributors / Industry consultants are requested to suggest the company forecast and expected industry trends. All the factors
above are give weightages in the final forecasting estimation.

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India Commercial
Drone Market
Overview
CHAPTER-3

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3.1 India Commercial Drone Market Overview

India Commercial Drone Market Revenues & Volume

▪ India is using military drones for quite a while but the market for commercial drones stands at a nascent stage at present. However, there is a huge
potential recorded in the market for commercial drones and it is expected that commercial drone market would overtake the military drones
market in India in the coming years.
▪ The Indian market was majorly import driven prior to the implementation CAR 1.0 & 2.0 regulations and the Chinese company DJI held the
maximum share around 60% of the market but now there is a decline in DJI’s products due to the current policies & regulations, which makes NPNT
(No Permission No Take off) a mandatory software to be installed in every drone flying in India.
▪ Further, the government is supporting and promoting domestic manufacturing of drones and a 100% foreign direct investment is expected to be
allowed in the manufacturing of drones in the country in the coming years.

Figure 1: India Commercial Drone Market Revenues & Volume 2016-2026F (INR Crore, Units)

Revenue CAGR (2016-19): XX% Revenue CAGR (2020E-26F): XX%


Volume CAGR (2016-19): XX% Volume CAGR (2020E-26F): XX%
XX
XX
XX XX
XX XX
XX XX
741.7 XX XX
672.0 XX
XX XX XX XX
XX XX XX
XX XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Revenues Volume Source: 6Wresearch

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3.6 India Commercial Drone Market Overview

India Commercial Drone Market Revenue Share, By Types

Figure 2: India Commercial Drone Market Revenue Share, By Types, 2019 & 2026F

Rotary blade drones portrays dominance, amongst the types, in India commercial drone market in terms of revenues on account of advantages such
as VTOL (vertical take off and landing), which are useful in mapping and surveying at a short distance. However, in the coming years fixed wing
drones are also expected to rise owing to their less complex structure and other key benefits.

XX XX

Fixed Wing

XX

2019 2026F
XX
Rotary Blade

Hybrid
XX XX

Source: 6Wresearch

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3.7 India Commercial Drone Market Overview

India Commercial Drone Market Revenue Share, By Applications

Figure 3: India Commercial Drone Market Revenue Share, By Applications, 2019 & 2026F

The agriculture sector would witness significant growth in the coming years on account of increased use of drones for irrigation and monitoring
purposes. Additionally, the COVID-19 pandemic has enforced the authorities to incorporate contactless technology i.e drones for inspection and
surveying, which would boost the market for inspection & maintenance vertical in the years to come.

Mapping &
Surveying
XX XX

XX Filming & XX XX
XX Photography

Inspection &
Maintenance
XX
2019 Agriculture XX
2026F
Surveillance &
XX
XX Monitoring
XX
XX
Others

Source: 6Wresearch

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3.8 India Commercial Drone Market Overview

India Commercial Drone Market Revenue Share, By Regions

Figure 4: India Commercial Drone Market Revenue Share, By Regions, 2019 & 2026F

Northern Region Eastern Region


XX XX
Delhi Chhattisgarh
Haryana XX Jharkhand
XX
Himachal Pradesh Odisha
Jammu & Kashmir West Bengal
Punjab Arunachal Pradesh
2019 2026F 2019 2026F
Rajasthan Assam
Uttar Pradesh Manipur
Uttarakhand Meghalaya
Mizoram
Nagaland
Tripura

Southern Region

XX Andhra Pradesh
XX
Western Region Telangana
Gujarat XX Karnataka
XX
Madhya Pradesh Kerala
Maharashtra Tamil Nadu
Goa Puducherry
2019 2026F 2016 2026F

Source: 6Wresearch

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India Commercial
Drone Market
Overview, By Types
CHAPTER-7

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India Commercial Drone Market Overview,
7.1 By Applications

India Commercial Drone Market Revenues & Volume, By Types

Fixed wing drones segment is expected to witness highest growth in the coming years due to its advantages such as longer flight durations, high
endurance and high payload capacity as compared to rotary blade drones.

Table 1: India Commercial Drone Market Volume, By Types, 2016-2026F (Units)

CAGR CAGR
Types 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
(2016-19) (2020E-26F)

Rotary Blade XX XX XX XX XX XX XX XX XX XX XX XX XX

Fixed Wing XX XX XX XX XX XX XX XX XX XX XX XX XX

Hybrid XX XX XX XX XX XX XX XX XX XX XX XX XX

Total XX XX XX XX XX XX XX XX XX XX XX XX XX

Table 2: India Commercial Drone Market Revenues, By Types, 2016-2026F (INR Crore)

CAGR CAGR
Types 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
(2016-19) (2020E-26F)

Rotary Blade XX XX XX XX XX XX XX XX XX XX XX XX XX

Fixed Wing XX XX XX XX XX XX XX XX XX XX XX XX XX

Hybrid XX XX XX XX XX XX XX XX XX XX XX XX XX

Total XX XX XX XX XX XX XX XX XX XX XX XX XX
Source: 6Wresearch

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India Commercial
Drone Market Overview,
By Applications
CHAPTER-8

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India Commercial Drone Market Overview,
8.1 By Applications

India Commercial Drone Market Revenues, By Applications

Presently, the mapping & surveying application holds the majority of revenue share in overall India commercial drone market on account of
increasing use of drones in the mining sector and mapping of pipelines, roads, and bridges. Additionally, the Indian Bureau of Mines (IBM) has issued
advisory guidelines for the use of drones in the mining industry. Also, at present, drones are being used by the Indian police for the purpose of
investigation and maintenance. They are also employed in the agriculture sector due to several reasons such as monitoring crop, irrigation, and soil
analysis. Thus, with the ongoing development and growing adoption, significant growth is expected in agriculture and filming & photography
verticals.
Table 3: India Commercial Drone Market Revenues, By Applications, 2016-2026F (INR Crore)

CAGR CAGR
Application 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
(2016-19) (2020E-26F)

Mapping &
XX XX XX XX XX XX XX XX XX XX XX XX XX
Surveying
Filming &
XX XX XX XX XX XX XX XX XX XX XX XX XX
Photography
Inspection &
XX XX XX XX XX XX XX XX XX XX XX XX XX
Maintenance

Agriculture XX XX XX XX XX XX XX XX XX XX XX XX XX

Surveillance &
XX XX XX XX XX XX XX XX XX XX XX XX XX
Monitoring

Others XX XX XX XX XX XX XX XX XX XX XX XX XX

Total XX XX XX XX XX XX XX XX XX XX XX XX XX
Source: 6Wresearch

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India Commercial
Drone Market
Overview, By Regions
CHAPTER-9

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India Commercial Drone Market Overview,
9.1 By Regions

India Commercial Drone Market Revenues, By Regions

Figure 8: India Commercial Drone Market Revenues, By Regions, 2016-2026F (INR Crore)

CAGR ▪ The Western region of India recorded the highest commercial drone market revenues in
Regions
(2020E-26F) 2019. The primary reason for the Western region to hold a dominant share in the overall
XX commercial drone market is higher technological adoption in the region and active
Western Region
participation of the government since, the government is the biggest consumer of
Southern Region XX commercial drones presently.
XX ▪ However, the Southern region also holds significant share in the market owing to the
Northern Region
presence of several manufacturing industries in the region and Andhra Pradesh
Eastern Region XX government is one of the biggest active users of commercial drones. Additionally, the
Eastern region is expected to record maximum growth in the coming years due to the
increased demand for commercial drones in the area.

XX Eastern

XX
XX
XX Northern
XX XX
XX XX
XX XX XX
XX XX XX
XX XX XX Southern
XX XX XX
XX XX XX
XX XX XX
XX XX XX XX
XX
XX XX
XX XX
XX XX XX Western
XX XX XX XX XX XX

2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F
Source: 6Wresearch

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India
Commercial
Drone Market –
Key Performance
Indicator
CHAPTER-11

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India Commercial Drone Market – Key
11.1 Performance Indicators

India E-Commerce Sector Outlook

▪ India E-Commerce market accounted for 16% share in 2018 in overall logistics market and the same is expected to reach 28% by 2025.
Approximately, 12 crore people were recorded doing online shopping and the number is expected to reach 17.5 crore by the end of 2020, which
would add to the overall E-Commerce market in India.
▪ Further, Amazon, which is a leading player in E-Commerce industry has filed a patent to use its “Amazon’s Prime Air” delivery system in India and
other market players such as Flipkart and Zomato also have plans regarding drone delivery in India. Amazon has already tested that delivery of
products using drones would help the company in minimizing shipping costs as well as time to deliver the products.
▪ Additionally, Indian parliamentarian, Suresh Prabhu, at the time of policy launch of drones, said that the Indian market for drones has the potential
of hitting over INR 75.5 trillion and the government is planning to promote drones manufacturing not only for domestic use but for exports as well.
All these government initiatives along with the use of drones in E-commerce would uplift the commercial drone market in India in the coming
years.
Figure 9: India E- Commerce Industry Players Figure 10: India Overall Logistics Market Size, 2018-2025E
Market Share, 2018 (INR ’00 Crore)

37,763.9

31.4% 31.9%

16,247.8
12,091.4
5.6%

31.1%

2018 2020 E 2025 E


Flipkart Amazon Paytm Others
Source : Media Source: Niti Aayog Economic Survey (2018)

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India Commercial Drone Market – Key
11.2 Performance Indicators

India Agriculture Sector Overview

Impact of commercial drones has bought a positive trend in the Government Policies to Support Farm Mechanization
agriculture sector. They could be used as a substitute for heavy
• Sub-Mission on Agriculture Mechanization
machines and tools and is a economical way of managing farming.
o Increasing the reach of farm mechanization to small and
Drones are helpful in multiple ways in agriculture such as irrigation, marginal farmers and to regions where the availability of
pesticides spray, crop monitoring, soil assessment, and mapping the farm power is low.
crops. The images and data collected by a drone would help the farmers o Promoting “Custom Hiring Centre” to offset the adverse
to analyse the crop and make decisions accordingly. Additionally, the economies of scale arising due to small landholding and high
cost of individual ownership.
government is also taking initiatives to teach the farmers how to operate
a drone. Also, state government of Maharashtra is planning to work with • Pradhan Mantri Krishi Sinchai Yojana
drone manufacturing companies in agriculture sector and a workshop o To achieve convergence of investment in irrigation at the
field level.
was also conducted in November 2018, to study the process of mapping
o Enhance the physical access of water on the farm and
for irrigation use in farms. expand the cultivable area under assured irrigation.
Table 4: Farm mechanization level in India, 2019
Figure 11: India Farm Mechanization Market, FY16- FY25
(INR ‘00 Crore)
Value Chain Stage Level of Mechanization (%)

Soil Working and Seed Bed 860


40
Preparation

Seeding And Planting 29


358 378 400
320 338
Plant Protection 34

Irrigation 37

Harvesting And Threshing 60-70 FY16 FY17 FY18 FY19 FY20 FY 25 (F)
Source: PWC, Tractor & Mechanization Association

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India
Commercial
Drone Market–
Opportunity Assessment
CHAPTER-12

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India Commercial Drone Market
12.1 Opportunity Assessment

India Commercial Drone Market Opportunity Assessment, By Types

Figure 15: India Commercial Drone Market Opportunity Assessment, By Types, 2026F (INR Crore)

80.0%

Fixed wing drones are anticipated to


70.0%
grow at a healthy rate during the
Market Revenue Share (2026F)

forecast period owing to the benefits Rotary Blade, XX Fixed Wing, XX


60.0%
such as simple structure, high
payload, and capacity to fly for a
50.0%
longer time. However, at present

40.0% rotary blades dominates the market.

30.0%

20.0%

10.0%
Hybrid, XX

0.0%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0%
CAGR (2020E-26F)
Note: Values around the bubbles represent market revenues (in INR Crore)

Source: 6Wresearch

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India Commercial Drone Market
12.2 Opportunity Assessment

India Commercial Drone Market Opportunity Assessment, By Applications

Figure 16: India Commercial Drone Market Opportunity Assessment, By Applications, 2026F (INR Crore)

30.0%
Mapping & Surveying, XX
Agriculture and filming &
photography applications are
25.0% Inspection &
expected to register significant
Maintenance, XX
Market Revenue Share (2026F)

growth in the years to come on


account of rising adoption of
20.0% drones in the areas along with
increasing government
support. However, the impact
15.0% of COVID-19 has created
Filming & Photography,
awareness among people Agriculture, XX
XX
related to commercial drones
10.0% which would help in the higher
adoption of drones across
several verticals in the coming
Surveillance &
5.0% years. Monitoring, XX

Others, XX

0.0%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0%
CAGR (2020E-26F)
Note: Values around the bubbles represent market revenues (in INR Crore)

Source: 6Wresearch

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Disclaimer
CHAPTER-16

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16 Disclaimer

Policy: 6Wresearch services, comprises market specific information that is intended for key sets of customers which can be used for internal

purposes, but not for general publication or disclosure to third parties.

No part of the report can be, lent, resold or disclosed to non-customers without written permission. No part may be reproduced, stored in a

retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the

permission of the publisher. The market specific information is based on primary interviews and 6Wresearch takes no responsibility for any

incorrect information provided to us. 6Wresearch would not be held responsible for any loss or damage caused due to the usage of such

information and thus would not refund in any case the amount spent by the company in purchasing such information.

Other related reports-

▪ Europe Commercial Drone Market (2020-26)

▪ Middle East Commercial Drone Market (2020-26)

▪ Asia Pacific Commercial Drone Market (2020-26)

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