Forecasting Commercial Drone Market Growth in Urban Air Mobility, 2025–2032

According to Fortune Business Insights, the global commercial drone market was valued at USD 17.34 billion in 2025 to USD 65.25 billion by 2032, at a remarkable CAGR of 31.31% during the forecast.

According to Fortune Business Insights, the global commercial drone market was valued at USD 13.86 billion in 2024. The market is projected to rise from USD 17.34 billion in 2025 to USD 65.25 billion by 2032, exhibiting a remarkable CAGR of 31.31% during the forecast period.

Overview

Commercial drones, also known as unmanned aerial vehicles (UAVs), are rapidly transforming industries worldwide. With applications ranging from logistics and surveying to filmmaking, agriculture, and security, drones are becoming indispensable tools across the commercial landscape. The integration of advanced sensors, high-resolution cameras, and AI-powered systems has significantly enhanced their capabilities. As enterprises and startups ramp up investments, the commercial drone industry is entering a phase of exponential growth.

Key Market Players

Prominent companies shaping the competitive landscape include:

• 3D Robotics, Inc. (U.S.)

• AeroVironment Inc. (U.S.)

• Autel Robotics (China)

• Ehang Holdings Limited (China)

• FLIR Systems, Inc. (U.S.)

• Intel Corporation (U.S.)

• SZ DJI Technology Co., Ltd. (China)

• Skydio, Inc. (U.S.)

• Parrot Group (France)

• Teal Drones (U.S.)

• Yuneec Holding Ltd. (China)

• AgEagle Aerial Systems Inc. (U.S.)

• PrecisionHawk, Inc. (U.S.)

• Holy Stone (China)

• Aeronavics Ltd. (New Zealand)

These players are actively pursuing partnerships, product innovation, regional expansions, and long-term contracts to consolidate their market position.

Source:

https://www.fortunebusinessinsights.com/commercial-drone-market-102171

Key Market Drivers

1. Growing Demand for Lightweight Commercial Drones

Mini and micro drones are becoming widely popular due to their affordability, mobility, and ease of deployment across sectors like filmmaking, construction, and emergency response.

2. Advancements in Remote Sensing and ADS-B Transponders

Drones are increasingly used in precision mapping, photogrammetry, and remote sensing. Advanced transponder technologies allow for safe flight operations in congested airspace.

Restraints

Regulatory Challenges and Infrastructure Gaps

Lack of uniform drone traffic management (UTM) systems and limited access to BVLOS operational licenses are slowing commercial adoption. In addition, inadequate operator training and infrastructure issues remain key concerns in emerging markets.

Latest Trends

AI & Machine Learning Integration

Advanced technologies such as artificial intelligence, computer vision, and real-time data processing are being embedded into drones. These features allow for automated data analysis, object recognition, and predictive maintenance, drastically improving operational efficiency.

Autonomous Systems for Complex Missions

Development of fully autonomous drones with obstacle avoidance, swarming capabilities, and automated takeoff/landing is transforming logistics, military, and agricultural operations.

Market Segmentation

• By Weight:
  The market is segmented into <2Kg, 2Kg – 25Kg, and 25Kg – 150Kg. The <2Kg segment currently dominates the market, primarily due to its widespread use in aerial photography, inspections, surveillance, and mapping applications. These lightweight drones are preferred for their portability, ease of compliance with regulations, and lower operational costs. Meanwhile, the 25Kg – 150Kg segment is projected to be the fastest-growing during the forecast period, fueled by increasing adoption of Electric Vertical Take-Off and Landing (eVTOL) aircraft and urban air mobility (UAM) initiatives, especially in metropolitan areas.

• By Technology:
  This category includes Remote Operated, Semi-Autonomous, and Fully Autonomous drones. Remote Operated drones hold the leading share, driven by their low cost and ease of use, particularly for commercial and individual users in the post-pandemic environment. Fully Autonomous drones are emerging as a fast-growing segment, supported by increasing demand for Beyond Visual Line of Sight (BVLOS) capabilities, which enhance long-distance and automated flight operations across industries such as logistics, agriculture, and infrastructure monitoring.

• By System:
  The drone system market is divided into Hardware and Software. Hardware commands the largest share, comprising components like airframes, propulsion systems, and payloads. This is due to the growing adoption of drones across sectors for surveillance, inspections, and delivery services. On the other hand, Software is witnessing the fastest growth as drone operators increasingly rely on advanced tools for real-time data processing, AI analytics, flight planning, and mapping. These capabilities are essential for tasks requiring high precision and decision-making automation.

• By Application:
  Major applications include Filming & Photography, Mapping & Surveying, Horticulture & Agriculture, Inspection & Maintenance, Surveillance & Monitoring, and Delivery & Logistics. Filming & Photography is currently the largest segment, driven by rising usage in cinematography, tourism, events, and real estate. High-end models like DJI Mavic 2 Zoom and Autel EVO II are widely used in this domain. Meanwhile, the Delivery & Logistics segment is expanding rapidly, with increasing adoption of drones for delivering medical supplies, e-commerce packages, and food—especially in urban and remote regions.

Regional Insights

North America (Dominant Market):

The region leads due to robust drone manufacturing, supportive regulations, and widespread UAV adoption. As of May 2021, over 872,000 drones were registered in the U.S., according to the FAA.

Europe:

Countries like Germany, the U.K., and France are investing in drone technology for agriculture, surveillance, and urban logistics.

Asia Pacific (Fastest Growing Region):

Significant investments by China, India, and Japan in drone R&D, infrastructure, and military-commercial dual-use technologies are fueling rapid growth.

Industry Developments

• September 2022 – Drone Fund Investment in India:
  Drone Fund, the world’s largest drone-focused venture capital firm based in Japan, invested USD 40 million in Indian drone manufacturing companies. The investment aims to foster the development of a comprehensive drone ecosystem in India, enabling local sourcing and production of drone components.

• September 2022 – Launch of DJI Mavic 3 Enterprise by Drone Nerds:
  Drone Nerds, a leading DJI-authorized UAV distributor, launched the DJI Mavic 3 Enterprise. This new commercial drone is tailored to meet the essential requirements of enterprise operations, offering practical features without the complexity and cost of high-end UAVs.