Commercial Drones Market Is Expected to Reach $1.27 Billion by 2020
According to a new market research report "Commercial Drones Market by Type (Fixed Wing, Rotary Blade, Quad Rotor), Technology (Energy & Propulsion System, Automation, Collision Avoidance), Application (Government, Agriculture, Manufacturing, Retail) & Geography - Global Forecast to 2020", published by MarketsandMarkets, the total commercial drones market was valued at $15.22 Million in 2014 and is expected to reach $1.27 Billion by 2020, at an estimated CAGR of 109.31% between 2014 and 2020.
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