SAN FRANCISCO, August 4, 2015 /PRNewswire/ --
The global commercial drone market size is expected to reach USD 2.07 billion by 2022, according to a new report by Grand View Research, Inc. Increased utility in law enforcement and agricultural applications is expected to play a pivotal role in market growth over the forecast period. Having made their presence felt in the military sector, these Unmanned Aerial Vehicles (UAVs) have gradually gained prominence in the commercial sector and are foreseen to surpass the growth observed in the former.
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Browse full research report with TOC on "Commercial Drone Market Analysis By Product (Fixed Wing, Rotary Blade, Nano, Hybrid), By Application (Agriculture, Energy, Government, Media & Entertainment) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/global-commercial-drones-market
Prominent retailers and e-commerce players have experimented the use of drones to deliver packages to consumers in a much shorter duration as compared to the traditional delivery media. The use of drones for retail is pending government approval, particularly in the U.S. Once regulatory clearance is obtained, drones are expected to revolutionize the retail sector.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
For the purpose of this study, Grand View Research has segmented the Commercial Drone Market on the basis of product, application, and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
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