Tag Archives: Commercial Drones Market

Commercial Drones Market Will Reach Us$8.89 Bn

​The global market for commercial drones is highly consolidated as the two leading players, namely Parrot S.A. and DJI cumulatively accounted for over 75% of the overall market in the year 2016. Among these, DJI held the lead on the back of its large global network and product innovations. Transparency Market Research (TMR) has observed that various companies operating in this market are constantly improving the technological aspects of their products to provide highly functional drones to their consumers. Other prominent players include Northrop Grumman Corporation, Draganfly, Denel SOC Ltd., and Aurora Flight. These players are focusing on improving landing capabilities and high image capturing abilities of drones.