Published on 3 Nov 2022 on Insider Monkey via Yahoo Finance
15 Biggest Drone Companies In the World
In this article, we will take a look at the 15 biggest drone companies in the world. If you want to see more of the biggest drone companies in the world, go directly to the 5 Biggest Drone Companies In the World.
Since becoming a commonplace commodity, drones have attracted numerous manufacturers to this market. There are many drone manufacturers in the market right now, and each has a variety of distinctive products. While some concentrate on consumer-grade drones, others cater to the professional and commercial industries. The global UAV drone market is anticipated to generate $102,466.7 million in sales by 2030, expanding at a high CAGR of 19.6% from 2022 to 2030, as reported Bloomberg. By end-use, it is anticipated that the military and defense sub-segment will generate the most income by 2030, totaling $65,298.5 million. UAV drones are utilized in military and defense activities to carry out different responsibilities across borders, which is expected to increase this sub-segment's growth rate.
Some of the most notable drone companies in our list of 15 biggest drone companies in the world include The Boeing Company (NYSE:BA), Lockheed Martin Corporation (NYSE:LMT), and NVIDIA Corporation (NASDAQ:NVDA), among others.