Earth Observation Drones Global Market to Surpass $18.2 Billion by 2032
DUBLIN, Aug. 11, 2022 /PRNewswire/ -- The "Earth Observation Drones Market - A Global and Regional Analysis: Focus on Application, End User, Drone Type, Sensor Type, and Country - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Aug. 11, 2022 /PRNewswire/ -- The "Earth Observation Drones Market - A Global and Regional Analysis: Focus on Application, End User, Drone Type, Sensor Type, and Country - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
- The global Earth observation drones market was valued at $9,014.6 million in 2021, and it is estimated to reach $18,214.9 million by 2032 at a compound annual growth rate (CAGR) of 6.88% during the forecast period 2022-2032.
- The major factor driving the market growth is expected to be the growing adoption of drones for industrial and commercial applications.
- At the same time, the commercial market started adopting drones for industrial applications such as pipeline inspections, site monitoring, and agriculture evaluation.