The Chinese Drone Market Report 2019
- The global drone market will grow from $14 billion in 2018 to over $43 billion in 2024 at a CAGR of 20.5%.
- The Chinese market is currently the second largest drone market in the world, and will continue closing the gap with the leading market, the United States, until 2024.
- Since 2012, more than 3.0 billion USD has been invested in drone companies worldwide and 2018 was a record year with 702 million USD in disclosed global investments. This report outlines the portion of these disclosed investments which made it into China.
- China is home to the world’s biggest drone manufacturer, DJI, which holds approx. 70% of the global drone market share.
- Chinese companies also entered the second largest number of strategic drone partnerships in 2018, after the United States.
- Extensive examples of drone applications are included.
ABOUT THE REPORT
This DRONEII report provides the most comprehensive outline, analysis and forecast of the Chinese drone market. It is based on months of research and analysis by our team and the DRONEII market model which was built based on years of experience in the commercial drone industry and an intimate understanding of the drone market. The DRONEII Market Model is a unique bottom-up approach to measuring the commercial drone market using actual data and primary sources. As a result of this complex model, the figures and topics covered in this report are both comprehensive and reliable. They are a product of both qualitative and quantitative research and analysis, and a look beyond the hype that drones have experienced in the past few years.
The 93-page Chinese Drone Market Report contains a five-year forecast of Chinese drone market figures for 2019-2024, broken down by segment, industry and application method. It contains an analysis of Chinese drone regulations, as well as a thorough outline of investment figures in the Chinese drone market in 2012-2018 and key investment deals, mergers and partnerships in China in 2018. Finally, this report also discusses the future trends and opportunities to look out for on the drone market.
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