Global drones as a service (DaaS) market will reach $355.55 billion by 2032, growing by 36.1% annually over 2022-2032, driven by the rising adoption of drone in business applications, the increased efficiency and reduced cost of DaaS, the advancement of UAV technologies, and the growing outsource activities of drone-based services.

Highlighted with 82 tables and 92 figures, this 178-page report “Global Drones as a Service (DaaS) Market 2022-2032 by Offering (Solutions, Software), Service Type (Platform Service, Simulation & Training, MRO), Application (Surveillance and Monitoring, Surveying and Mapping, Maintenance and Inspection, Aerial Photography, Transport & Delivery), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global drones as a service (DaaS) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global drones as a service (DaaS) market in every aspect of the classification from perspectives of Offering, Service Type, Application, Industry Vertical, and Region.

Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Solutions

o End-to-end Solutions

o Point Solutions

• Software

Based on Service Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Platform Service

• Simulation & Training

• Maintenance Repair Overhaul (MRO)

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Surveillance and Monitoring

• Surveying and Mapping

• Maintenance and Inspection

• Aerial Photography

• Transport & Delivery

• Spraying & Seeding

• Data Acquisition & Analytics

• Scientific Research

• Other Applications

By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Construction and Infrastructure

• Insurance Industry

• Media and Entertainment

• Military and Defense

• Public Safety and Law Enforcement

• Agriculture

• Transportation and Logistics

• Aerospace

• Healthcare and Social Assistance

• Energy and Utilities

• Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, Qatar, and Rest of MEA)

For each region and country, detailed analysis and data of annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Offering, Service Type, and Industry Vertical over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Aerodyne Group

AgEagle Aerial Systems Inc.

Cyberhawk

DroneDeploy Inc.

Field Group

FlyTrex

Manna Ero

Matternet

Nordic Unmanned

Phoenix Drone Services LLC

PrecisionHawk

senseFly Ltd.

Sky Futures Ltd.

Terra Drone Corporation

Wing (subsidiary of Google’s Alphabet)

Zipline

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1 Introduction 9

1.1 Industry Definition and Research Scope 9

1.1.1 Industry Definition 9

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 22

2.1.2 Impact of COVID-19 on the Market 25

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27

2.2 Major Growth Drivers 31

2.3 Market Restraints and Challenges 40

2.4 Emerging Opportunities and Market Trends 43

2.5 Porter’s Fiver Forces Analysis 47

3 Segmentation of Global Market by Offering 51

3.1 Market Overview by Offering 51

3.2 Solutions 53

3.2.1 End-to-end Solutions 54

3.2.2 Point Solutions 55

3.3 Software 56

4 Segmentation of Global Market by Service Type 57

4.1 Market Overview by Service Type 57

4.2 Platform Service 59

4.3 Simulation & Training 60

4.4 Maintenance Repair Overhaul (MRO) 61

5 Segmentation of Global Market by Application 62

5.1 Market Overview by Application 62

5.2 Surveillance and Monitoring 64

5.3 Surveying and Mapping 65

5.4 Maintenance and Inspection 66

5.5 Aerial Photography 67

5.6 Transport & Delivery 68

5.7 Spraying & Seeding 69

5.8 Data Acquisition & Analytics 70

5.9 Scientific Research 71

5.10 Other Applications 72

6 Segmentation of Global Market by Industry Vertical 73

6.1 Market Overview by Industry Vertical 73

6.2 Construction and Infrastructure 75

6.3 Insurance Industry 76

6.4 Media and Entertainment 77

6.5 Military and Defense 78

6.6 Public Safety and Law Enforcement 79

6.7 Agriculture 80

6.8 Transportation and Logistics 81

6.9 Aerospace 82

6.10 Healthcare and Social Assistance 83

6.11 Energy and Utilities 84

6.12 Other Industry Verticals 85

7 Segmentation of Global Market by Region 86

7.1 Geographic Market Overview 2022-2032 86

7.2 North America Market 2022-2032 by Country 90

7.2.1 Overview of North America Market 90

7.2.2 U.S. 94

7.2.3 Canada 97

7.2.4 Mexico 99

7.3 European Market 2022-2032 by Country 101

7.3.1 Overview of European Market 101

7.3.2 Germany 105

7.3.3 U.K. 107

7.3.4 France 109

7.3.5 Spain 111

7.3.6 Italy 113

7.3.7 Russia 115

7.3.8 Rest of European Market 117

7.4 Asia-Pacific Market 2022-2032 by Country 119

7.4.1 Overview of Asia-Pacific Market 119

7.4.2 Japan 123

7.4.3 China 126

7.4.4 Australia 128

7.4.5 India 130

7.4.6 South Korea 132

7.4.7 Rest of APAC Region 134

7.5 South America Market 2022-2032 by Country 136

7.5.1 Argentina 139

7.5.2 Brazil 141

7.5.3 Chile 143

7.5.4 Rest of South America Market 145

7.6 MEA Market 2022-2032 by Country 146

7.6.1 UAE 149

7.6.2 Saudi Arabia 151

7.6.3 Qatar 153

7.6.4 Other National Markets 155

8 Competitive Landscape 156

8.1 Overview of Key Vendors 156

8.2 New Product Launch, Partnership, Investment, and M&A 160

8.3 Company Profiles 161

Aerodyne Group 161

AgEagle Aerial Systems Inc. 163

Cyberhawk 164

DroneDeploy Inc. 165

Field Group 166

FlyTrex 167

Manna Ero 168

Matternet 169

Nordic Unmanned 170

Phoenix Drone Services LLC 171

PrecisionHawk 172

senseFly Ltd. 173

Sky Futures Ltd. 174

Terra Drone Corporation 175

Wing (subsidiary of Google’s Alphabet) 176

Zipline 177

RELATED REPORTS 178

List of Tables:

Table 1. Snapshot of Global Drones as a Service Market in Balanced Perspective, 2022-2032 19

Table 2. World Economic Outlook, 2021-2031 23

Table 3. World Economic Outlook, 2021-2023 24

Table 4. Scenarios for Economic Impact of Ukraine Crisis 28

Table 5. Main Product Trends and Market Opportunities in Global Drones as a Service Market 43

Table 6. Global Drones as a Service Market by Offering, 2022-2032, $ mn 51

Table 7. Global Drones as a Service Market: Solutions by Type, 2022-2032, $ mn 53

Table 8. Global Drones as a Service Market by Service Type, 2022-2032, $ mn 57

Table 9. Global Drones as a Service Market by Application, 2022-2032, $ mn 62

Table 10. Global Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 73

Table 11. Global Drones as a Service Market by Region, 2022-2032, $ mn 87

Table 12. Leading National Drones as a Service Market, 2022 and 2032, $ mn 89

Table 13. North America Drones as a Service Market by Country, 2022-2032, $ mn 92

Table 14. U.S. Drones as a Service Market by Offering, 2022-2032, $ mn 96

Table 15. U.S. Drones as a Service Market by Service Type, 2022-2032, $ mn 96

Table 16. U.S. Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 96

Table 17. Canada Drones as a Service Market by Offering, 2022-2032, $ mn 98

Table 18. Canada Drones as a Service Market by Service Type, 2022-2032, $ mn 98

Table 19. Canada Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 98

Table 20. Mexico Drones as a Service Market by Offering, 2022-2032, $ mn 100

Table 21. Mexico Drones as a Service Market by Service Type, 2022-2032, $ mn 100

Table 22. Mexico Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 100

Table 23. Europe Drones as a Service Market by Country, 2022-2032, $ mn 104

Table 24. Germany Drones as a Service Market by Offering, 2022-2032, $ mn 106

Table 25. Germany Drones as a Service Market by Service Type, 2022-2032, $ mn 106

Table 26. Germany Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 106

Table 27. U.K. Drones as a Service Market by Offering, 2022-2032, $ mn 108

Table 28. U.K. Drones as a Service Market by Service Type, 2022-2032, $ mn 108

Table 29. U.K. Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 108

Table 30. France Drones as a Service Market by Offering, 2022-2032, $ mn 110

Table 31. France Drones as a Service Market by Service Type, 2022-2032, $ mn 110

Table 32. France Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 110

Table 33. Spain Drones as a Service Market by Offering, 2022-2032, $ mn 112

Table 34. Spain Drones as a Service Market by Service Type, 2022-2032, $ mn 112

Table 35. Spain Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 112

Table 36. Italy Drones as a Service Market by Offering, 2022-2032, $ mn 114

Table 37. Italy Drones as a Service Market by Service Type, 2022-2032, $ mn 114

Table 38. Italy Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 114

Table 39. Russia Drones as a Service Market by Offering, 2022-2032, $ mn 116

Table 40. Russia Drones as a Service Market by Service Type, 2022-2032, $ mn 116

Table 41. Russia Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 116

Table 42. Drones as a Service Market in Rest of Europe by Country, 2022-2032, $ mn 118

Table 43. APAC Drones as a Service Market by Country, 2022-2032, $ mn 121

Table 44. Japan Drones as a Service Market by Offering, 2022-2032, $ mn 125

Table 45. Japan Drones as a Service Market by Service Type, 2022-2032, $ mn 125

Table 46. Japan Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 125

Table 47. China Drones as a Service Market by Offering, 2022-2032, $ mn 127

Table 48. China Drones as a Service Market by Service Type, 2022-2032, $ mn 127

Table 49. China Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 127

Table 50. Australia Drones as a Service Market by Offering, 2022-2032, $ mn 129

Table 51. Australia Drones as a Service Market by Service Type, 2022-2032, $ mn 129

Table 52. Australia Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 129

Table 53. India Drones as a Service Market by Offering, 2022-2032, $ mn 131

Table 54. India Drones as a Service Market by Service Type, 2022-2032, $ mn 131

Table 55. India Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 131

Table 56. South Korea Drones as a Service Market by Offering, 2022-2032, $ mn 133

Table 57. South Korea Drones as a Service Market by Service Type, 2022-2032, $ mn 133

Table 58. South Korea Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 133

Table 59. Drones as a Service Market in Rest of APAC by Country/Region, 2022-2032, $ mn 135

Table 60. South America Drones as a Service Market by Country, 2022-2032, $ mn 138

Table 61. Argentina Drones as a Service Market by Offering, 2022-2032, $ mn 140

Table 62. Argentina Drones as a Service Market by Service Type, 2022-2032, $ mn 140

Table 63. Argentina Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 140

Table 64. Brazil Drones as a Service Market by Offering, 2022-2032, $ mn 142

Table 65. Brazil Drones as a Service Market by Service Type, 2022-2032, $ mn 142

Table 66. Brazil Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 142

Table 67. Chile Drones as a Service Market by Offering, 2022-2032, $ mn 144

Table 68. Chile Drones as a Service Market by Service Type, 2022-2032, $ mn 144

Table 69. Chile Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 144

Table 70. MEA Drones as a Service Market by Country, 2022-2032, $ mn 148

Table 71. UAE Drones as a Service Market by Offering, 2022-2032, $ mn 150

Table 72. UAE Drones as a Service Market by Service Type, 2022-2032, $ mn 150

Table 73. UAE Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 150

Table 74. Saudi Arabia Drones as a Service Market by Offering, 2022-2032, $ mn 152

Table 75. Saudi Arabia Drones as a Service Market by Service Type, 2022-2032, $ mn 152

Table 76. Saudi Arabia Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 152

Table 77. Qatar Drones as a Service Market by Offering, 2022-2032, $ mn 154

Table 78. Qatar Drones as a Service Market by Service Type, 2022-2032, $ mn 154

Table 79. Qatar Drones as a Service Market by Industry Vertical, 2022-2032, $ mn 154

Table 80. Aerodyne Group: Company Snapshot 161

Table 81. Aerodyne Group: Business Segmentation 162

Table 82. Aerodyne Group: Product Portfolio 162

List of Figures:

Figure 1. Research Method Flow Chart 13

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18

Figure 4. Global Drones as a Service Market, 2022-2032, $ mn 21

Figure 5. Impact of COVID-19 on Business 25

Figure 6. Primary Drivers and Impact Factors of Global Drones as a Service Market 31

Figure 7. World Military Expenditure by Region, 1988–2022, $ billion 34

Figure 8. The Share of World Military Expenditure of the 15 Countries with the Highest Spending in 2022 36

Figure 9. World Total InsurTech Investment by Year and Grand Total Split by P&C and L&H, 2012-2022, $ million 37

Figure 10. World Construction Industry, 2019-2030, $ trillion 37

Figure 11. Benefits of Drone as a Service (DaaS) 38

Figure 12. Primary Restraints and Impact Factors of Global Drones as a Service Market 40

Figure 13. Investment Opportunity Analysis 44

Figure 14. Porter’s Fiver Forces Analysis of Global Drones as a Service Market 47

Figure 15. Breakdown of Global Drones as a Service Market by Offering, 2022-2032, % of Revenue 52

Figure 16. Global Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 52

Figure 17. Global Drones as a Service Market by Offering: Solutions, 2022-2032, $ mn 53

Figure 18. Global Drones as a Service Market by Solutions: End-to-end Solutions, 2022-2032, $ mn 54

Figure 19. Global Drones as a Service Market by Solutions: Point Solutions, 2022-2032, $ mn 55

Figure 20. Global Drones as a Service Market by Offering: Software, 2022-2032, $ mn 56

Figure 21. Breakdown of Global Drones as a Service Market by Service Type, 2022-2032, % of Sales Revenue 58

Figure 22. Global Addressable Market Cap in 2023-2032 by Service Type, Value ($ mn) and Share (%) 58

Figure 23. Global Drones as a Service Market by Service Type: Platform Service, 2022-2032, $ mn 59

Figure 24. Global Drones as a Service Market by Service Type: Simulation & Training, 2022-2032, $ mn 60

Figure 25. Global Drones as a Service Market by Service Type: Maintenance Repair Overhaul (MRO), 2022-2032, $ mn 61

Figure 26. Breakdown of Global Drones as a Service Market by Application, 2022-2032, % of Sales Revenue 63

Figure 27. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 63

Figure 28. Global Drones as a Service Market by Application: Surveillance and Monitoring, 2022-2032, $ mn 64

Figure 29. Global Drones as a Service Market by Application: Surveying and Mapping, 2022-2032, $ mn 65

Figure 30. Global Drones as a Service Market by Application: Maintenance and Inspection, 2022-2032, $ mn 66

Figure 31. Global Drones as a Service Market by Application: Aerial Photography, 2022-2032, $ mn 67

Figure 32. Global Drones as a Service Market by Application: Transport & Delivery, 2022-2032, $ mn 68

Figure 33. Global Drones as a Service Market by Application: Spraying & Seeding, 2022-2032, $ mn 69

Figure 34. Global Drones as a Service Market by Application: Data Acquisition & Analytics, 2022-2032, $ mn 70

Figure 35. Global Drones as a Service Market by Application: Scientific Research, 2022-2032, $ mn 71

Figure 36. Global Drones as a Service Market by Application: Other Applications, 2022-2032, $ mn 72

Figure 37. Breakdown of Global Drones as a Service Market by Industry Vertical, 2022-2032, % of Revenue 74

Figure 38. Global Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 74

Figure 39. Global Drones as a Service Market by Industry Vertical: Construction and Infrastructure, 2022-2032, $ mn 75

Figure 40. Global Drones as a Service Market by Industry Vertical: Insurance Industry, 2022-2032, $ mn 76

Figure 41. Global Drones as a Service Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn 77

Figure 42. Global Drones as a Service Market by Industry Vertical: Military and Defense, 2022-2032, $ mn 78

Figure 43. Global Drones as a Service Market by Industry Vertical: Public Safety and Law Enforcement, 2022-2032, $ mn 79

Figure 44. Global Drones as a Service Market by Industry Vertical: Agriculture, 2022-2032, $ mn 80

Figure 45. Global Drones as a Service Market by Industry Vertical: Transportation and Logistics, 2022-2032, $ mn 81

Figure 46. Global Drones as a Service Market by Industry Vertical: Aerospace, 2022-2032, $ mn 82

Figure 47. Global Drones as a Service Market by Industry Vertical: Healthcare and Social Assistance, 2022-2032, $ mn 83

Figure 48. Global Drones as a Service Market by Industry Vertical: Energy and Utilities, 2022-2032, $ mn 84

Figure 49. Global Drones as a Service Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 85

Figure 50. Global Market Snapshot by Region 86

Figure 51. Geographic Spread of Worldwide Drones as a Service Market, 2022-2032, % of Sales Revenue 87

Figure 52. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 88

Figure 53. North American Drones as a Service Market, 2022-2032, $ mn 91

Figure 54. Breakdown of North America Drones as a Service Market by Country, 2022 and 2032, % of Revenue 92

Figure 55. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 93

Figure 56. U.S. Drones as a Service Market, 2022-2032, $ mn 95

Figure 57. Canada Drones as a Service Market, 2022-2032, $ mn 97

Figure 58. Drones as a Service Market in Mexico, 2022-2032, $ mn 99

Figure 59. European Drones as a Service Market, 2022-2032, $ mn 102

Figure 60. Breakdown of European Drones as a Service Market by Country, 2022 and 2032, % of Revenue 103

Figure 61. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 104

Figure 62. Drones as a Service Market in Germany, 2022-2032, $ mn 105

Figure 63. Drones as a Service Market in U.K., 2022-2032, $ mn 107

Figure 64. Drones as a Service Market in France, 2022-2032, $ mn 109

Figure 65. Drones as a Service Market in Spain, 2022-2032, $ mn 111

Figure 66. Drones as a Service Market in Italy, 2022-2032, $ mn 113

Figure 67. Drones as a Service Market in Russia, 2022-2032, $ mn 115

Figure 68. Drones as a Service Market in Rest of Europe, 2022-2032, $ mn 117

Figure 69. Asia-Pacific Drones as a Service Market, 2022-2032, $ mn 120

Figure 70. Breakdown of APAC Drones as a Service Market by Country, 2022 and 2032, % of Revenue 120

Figure 71. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 122

Figure 72. Drones as a Service Market in Japan, 2022-2032, $ mn 124

Figure 73. Drones as a Service Market in China, 2022-2032, $ mn 126

Figure 74. Drones as a Service Market in Australia, 2022-2032, $ mn 128

Figure 75. Drones as a Service Market in India, 2022-2032, $ mn 130

Figure 76. Drones as a Service Market in South Korea, 2022-2032, $ mn 132

Figure 77. Drones as a Service Market in Rest of APAC, 2022-2032, $ mn 134

Figure 78. South America Drones as a Service Market, 2022-2032, $ mn 137

Figure 79. Breakdown of South America Drones as a Service Market by Country, 2022 and 2032, % of Revenue 137

Figure 80. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 138

Figure 81. Drones as a Service Market in Argentina, 2022-2032, $ mn 139

Figure 82. Drones as a Service Market in Brazil, 2022-2032, $ mn 141

Figure 83. Drones as a Service Market in Chile, 2022-2032, $ mn 143

Figure 84. Drones as a Service Market in Rest of South America, 2022-2032, $ mn 145

Figure 85. Drones as a Service Market in Middle East and Africa (MEA), 2022-2032, $ mn 147

Figure 86. Breakdown of MEA Drones as a Service Market by Country, 2022 and 2032, % of Revenue 147

Figure 87. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 148

Figure 88. Drones as a Service Market in UAE, 2022-2032, $ mn 149

Figure 89. Drones as a Service Market in Saudi Arabia, 2022-2032, $ mn 151

Figure 90. Drones as a Service Market in Qatar, 2022-2032, $ mn 153

Figure 91. Growth Stage of Global Drones as a Service Industry over the Forecast Period 156

Figure 92. List of Top Drone Service Companies: Remote-sensing and Product Delivery Service 158

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)