Australia Commercial Drone Market Size, Share, and COVID-19 Impact Analysis, By Product (Fixed-wing, Hybrid, and Rotary Blade), By Application (Commercial and Government & Law Enforcement), By End-use (Real Estate & Construction, Agriculture, Energy, Media & Entertainment, Security & Law Enforcement, Delivery & Logistics, and Others), and Australia Commercial Drone Market Insights, Industry Trend, Forecasts to 2033

Australia Commercial Drone Market Insights Forecasts to 2033

• The Australia Commercial Drone Market Size was valued at USD 784 Million in 2023.
• The Market is Growing at a CAGR of 16.1% from 2023 to 2033
• The Australia Commercial Drone Market Size is Expected to Reach USD 3487 Million by 2033

The Australia Commercial Drone Market is Anticipated to Reach USD 3487 Million by 2033, growing at a CAGR of 16.1% from 2023 to 2033.

Market Overview

Australia commercial drone market is the industry encompassing the commercial, industrial, and government usage of drones for business purposes in Australia. This encompasses uses across industries like agriculture, mining, construction, logistics, surveillance, and media. Drones provide affordable solutions to activities like aerial surveying, precision agriculture, and infrastructure inspection, creating new opportunities for companies to improve efficiency and safety. Moreover, the prospects of drones transforming last-mile delivery services, particularly in remote regions, are generating new business models. The Australian government has also been investing aggressively in drone technology for defense, public safety, and environmental surveillance. Initiatives such as the "Drone Innovation Hub" in partnership with local universities and companies promote innovation, enabling businesses to test and create new drone applications. Such bundled opportunities and supporting government policies set a rich setting for the extended growth of Australia's commercial drone market.  

Report Coverage

This research report categorizes the market for the Australia commercial drone market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia commercial drone market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia commercial drone market.

Driving Factors

Technology improvements, including longer flight duration, increased payload capacity, and higher-grade sensors, have broadened the scope of prospective applications. The increasing demand for automation and AI-based solutions also assists the market, with drones gradually becoming more autonomous and able to execute sophisticated tasks.

Restraining Factors

Public safety issues regarding privacy, drone crashes, and interference with manned aircraft have resulted in strict legislation and restrictions on the use of drones.

Market Segmentation

The Australia commercial drone market share is classified into product, application, and end-use.

• The rotary blade segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

The Australia commercial drone market is segmented by product into fixed-wing, hybrid, and rotary blade. Among these, the rotary blade segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growth is driven by their utilization in inspection missions owing to their capability to hover and navigate with ease while having visual observation for extended periods. These drones also find application in small and limited spaces without requiring any special take-off and landing requirements because they can take off and land vertically.

• The commercial segment accounted for the leading market share in 2023 and is expected to grow at a substantial CAGR during the forecast period.

The Australia commercial drone market is segmented by application into commercial and government & law enforcement. Among these, the commercial segment accounted for the leading market share in 2023 and is expected to grow at a substantial CAGR during the forecast period. The segment growth is driven because drones are being utilized primarily in photography & videography for taking movies by photographers. Small and lightweight drones are being made by companies to take good images for professional photographers these days.

• The media & entertainment segment accounted for the highest share in 2023 and is expected to grow at a remarkable CAGR during the forecast period.

The Australia commercial drone market is segmented by end-use into real estate & construction, agriculture, energy, media & entertainment, security & law enforcement, delivery & logistics, and others. Among these, the media & entertainment segment accounted for the highest share in 2023 and is expected to grow at a remarkable CAGR during the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia commercial drone market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Autel Robotics
• Aeronavics Ltd.
• PrecisionHawk Inc.
• Flyability
• SZ DJI Technology Co Ltd
• Elistair
• Draganfly Innovations Inc.
• Intel Corporation
• AeroVironment Inc.
• Tekuma.tech
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2024, Autel Robotics launched new industrial drone Autel Alpha. It’s a multi-purpose drone having autonomous flight, anti-interference, obstacle avoidance, and video transmission technology capabilities.

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia commercial drone market based on the below-mentioned segments:

Australia Commercial Drone Market, By Product

• Fixed-wing
• Hybrid
• Rotary Blade

Australia Commercial Drone Market, By Application

• Commercial
• Government & Law Enforcement

Australia Commercial Drone Market, By End-use

• Real Estate & Construction
• Agriculture
• Energy
• Media & Entertainment
• Security & Law Enforcement
• Delivery & Logistics
• Others