The report provides a comprehensive analysis of the potential of Drone industry in USA. The report covers an overview and genesis of the industry, market size in terms of revenue.

Its market segmentations include by types vehicle financed, by Type of Drones, by Region, by Commercial End Users, by Weight, by Mode of Operations; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Report Ocean estimates, the USA Drone Market -has increased from in 2022 with a positive CAGR of $% owing to increase in adoption of drones by more end user industries.

The U.S. Department of Defense (DoD) has been the primary customer for multi-million dollar drones, and continued U.S. defense spending will account for roughly 40% of the entire drone market in 2022.

Prices of drone hardware, software, and services have continued to fall as drone companies competed for greater market share through penetration pricing.

Key Trends by Market Segment:

By Type of Drones: As of 2022, Rotary Blade drones are dominating in the consumer/commercial sector, and will continue to do so in the near future. Most of the fixed wing drones are employed in the military sector, and play almost no role in the commercial sector.

By Weight: Most of the drones sold are light weight usually employed within the consumer/commercial segment. The FAA's Additional Rules for Drone Pilots (44809 and Part 107) state that drones must weigh under 25 kgs. The heavier drones (25-150 kgs) are employed within the military segment and are usually fixed wing drones.

Competitive Landscape

Future Outlook

The USA Drone Market witnessed significant growth during the period 2017-2021, the growth in consumer drones will peak in the near future in terms of number of units sold. Commercial drones will continue to dominate the market in terms of number of sales and revenue