North America Drone Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America's drone services market is segmented by Application (Construction, Agriculture, Energy, Medical and Parcel Delivery, Law Enforcement, and Other Applications) and Geography. The report offers market size and forecasts for the North America Drone Services Market in value (USD million) for all the above segments.

North America Drone Services Market Size

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North America Drone Services Market Size
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 11.00 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

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North America Drone Services Market Analysis

The North American drone services market is expected to witness a CAGR of over 11% during the forecast period (2022 - 2027).

The COVID-19 pandemic has impacted some of the application segments of the market in focus in 2020. However, as the lockdown measures are lifted and the commercial activity resumes, the demand for drones has started recovering in 2021. On the other hand, the demand for applications like medical delivery and law enforcement has increased even during 2020, as drones were used during lockdowns for surveillance and contactless delivery purposes.

Due to increased innovation, lowering costs, and the development of automation technologies, the drone service business is expected to grow. In North America, as the application and integration of drone technologies penetrate a variety of sectors, drone services are expected to become further economical in the years to come.

North America Drone Services Market Trends

This section covers the major market trends shaping the North America Drone Services Market according to our research experts:

Demand from the Agriculture Sector Expected to Increase in the Years to Come

Drones can be used to monitor agricultural fields and detect crop diseases in their early stages. For assessing crop health, data-driven technologies based on machine learning and artificial intelligence are being incorporated into drones for use in the agriculture industry. Drones services are used to analyze various farming activities, including crop protection and organic farming. Farmers can utilize the drone service to acquire a more detailed picture of their crop fields with the help of advanced sensors and digital imaging capabilities. The data acquired by the technology is beneficial in increasing agricultural yields and farm efficiency. The introduction of modern technologies for enhancing agricultural production and the creation of new crop-protection measures are expected to offer growth opportunities for the players in the sector. Investments in drone startups are increasing in the region. For instance, in May 2021, Canada-based agritech startup Precision AI raised seed funding of USD 20 million to help the agriculture industry reduce its chemical footprint by deploying swarms of artificially intelligent drones to decrease the use of herbicides in agriculture dramatically. Such developments are expected to drive the growth of the drone services market in the region during the forecast period.

North America Drone Services Market Share

The United States Projected to Dominate the Market in North America During the Forecast Period

The drone service market in the United States is expected to grow due to factors like the growing federal programs and initiatives to support the commercial drone sector, developments in drone technology, and growing demand from enterprises across sectors. The Federal Aviation Administration (FAA) of the United States issued regulations that establish uniform guidelines for drones' legal and safe operation in commercial environments. According to the FAA, about 900,000 drones were registered in the United States in 2021. One of the primary elements pushing the expansion of the United States is the increased growth of drone services in the offshore industry. From inspecting the drilling process to maintenance, drones are widely used in the offshore industry. During the forecast period, the increase in investments from major players to support start-ups in establishing parcel service platforms is also likely to contribute to the regional market's growth. For instance, the Federal Aviation Administration gave approval to an Alphabet-owned business to use drones to make commercial deliveries in the United States. Companies like Amazon and DHL built their own drone delivery systems to make speedy deliveries and transfer products. Such developments are expected to drive the growth of the drones market in the country during the forecast period.

North America Drone Services Market Report

North America Drone Services Industry Overview

CyberHawk Innovations Limited, AgEagle Aerial Systems Inc., Zipline, PrecisionHawk, and DroneDeploy Inc. are some of the prominent players in the market. Players in the market are focusing on increasing investment in R&D, diversifying their drone services offerings, and making strategic acquisitions. For instance, in June 2021, Volatus Aerospace announced that it acquired ConnexiCore, a company involved in aerial drone data collection, image and video analytics, 3D modeling, building envelope inspections, photogrammetry, and aerial mapping services. Such acquisitions are expected to strengthen the market presence of the players in the market. Players are also being benefitted from the government initiatives like allowing BVLOS drone operations for various applications in the region. Such initiatives are expected to encourage new players to enter the market, making the market more competitive.

North America Drone Services Market Leaders

  1. CyberHawk Innovations Limited

  2. AgEagle Aerial Systems Inc.

  3. Zipline

  4. PrecisionHawk

  5. DroneDeploy Inc.

*Disclaimer: Major Players sorted in no particular order

CyberHawk Innovations Limited, AgEagle Aerial Systems Inc., Zipline, PrecisionHawk, DroneDeploy Inc.
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North America Drone Services Market News

In February 2022, Volatus Aerospace Corp. announced that it entered into an agreement to acquire MVT Geo-Solutions Inc. MVT Geo-Solutions Inc. is the Canada-based leader in geomatics innovations and offers services for the acquisition, processing, and analysis of aerial data obtained using LIDAR sensors and specialized drone cameras.

In October 2021, AgEagle Aerial Systems Inc. and Parrot announced that they signed an agreement under which AgEagle would acquire Parrot subsidiary senseFly in a cash and stock transaction valued at USD 23 million.

North America Drone Services Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Size and Forecast, 2018 - 2027

    2. 3.2 Market Share by Application 2021

    3. 3.3 Market Share by Geography, 2021

    4. 3.4 Structure of the Market and Key Participants

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 5.1 Application

      1. 5.1.1 Construction

      2. 5.1.2 Agriculture

      3. 5.1.3 Energy

      4. 5.1.4 Law Enforcement

      5. 5.1.5 Medical and Parcel Delivery

      6. 5.1.6 Other Applications

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 CyberHawk Innovations Limited

      2. 6.1.2 AgEagle Aerial Systems Inc.

      3. 6.1.3 Zipline

      4. 6.1.4 DroneDeploy Inc.

      5. 6.1.5 SkySpecs

      6. 6.1.6 Sky Source Aerial LLC

      7. 6.1.7 PrecisionHawk

      8. 6.1.8 Phoenix Drone Services LLC

      9. 6.1.9 Drone Delivery Canada

      10. 6.1.10 Volatus Aerospace Corp.

      11. 6.1.11 Arch Aerial LLC

      12. 6.1.12 Precision AI Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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North America Drone Services Industry Segmentation

The North American drone services market encompasses the market of drone-based services in various commercial and civilian applications in the North American region. The market offers an overview of the developments in the drone services industry in the region. The North American drone services market is segmented by application into construction, agriculture, energy, law enforcement, medical and parcel delivery, and other applications. The other applications segment includes the usage of drone services for applications such as entertainment, insurance, and mining. The report also offers the market size of and forecasts for the North American drone services market in major countries in the region. For each segment, the market size and forecasts are represented in value (USD million).

Application
Construction
Agriculture
Energy
Law Enforcement
Medical and Parcel Delivery
Other Applications
Geography
North America
United States
Canada
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North America Drone Services Market Research FAQs

The North America Drone Services Market is projected to register a CAGR of greater than 11% during the forecast period (2024-2029)

CyberHawk Innovations Limited, AgEagle Aerial Systems Inc., Zipline, PrecisionHawk and DroneDeploy Inc. are the major companies operating in the North America Drone Services Market.

The report covers the North America Drone Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Drone Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Drone Services Industry Report

Statistics for the 2024 North America Drone Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Drone Services analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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North America Drone Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)