Civil Drones (Unmanned aircraft)

The global commercial drones market was valued at about $3.45 billion in 2018 and is expected to grow to $7.13 billion at a CAGR of 19.9% through 2022. Commercial drones are being considered by companies that have last-mile delivery as their main business operation. The drones will help reduce cost per delivery and delivery time, thus increasing profits, which will in turn increase the growth of the commercial drones' market. According to a McKinsey report, if companies save 40% of their delivery costs using drones, then they will enjoy a 15-20% increase in their profit margin and a 15-20% decrease in their product or service prices. For example, in March 2019, Zomato, an Indian food delivery company, conducted experiments to enable drone delivery in their value chain.

However, apart of business uses of drones, popularity of use cases for content creation, sports and fun is also on the rise. If you decided to purchase a drone please read through the information by following this link (click her).