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.
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. Full Research Report On Global Commercial Drone Market By Grand View Research: www.grandviewresearch.com/industry-analysis/global-commercial-drones-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies Grand View Research has segmented the global commercial drone market on the basis of product, application, and region: Commercial Drone Product Outlook (Revenue, USD Million, 2012 - 2022)
www.grandviewresearch.com/press-release/commercial-drone-market 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. For More Information: www.grandviewresearch.co
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