Drones for Insurance Industry: Global Market Research, Forecast, and Strategy 2016-2025

  • Report Code : 341891
  • Industry : Telecom and IT
  • Published On : Dec 2016
  • Pages : 163
  • Publisher : Grace Market Data
  • Format: CMI Insight PPT FormatCMI Insight PDF Format

Global demand for drones in insurance industry will reach a cumulative market value of $3.57 billion and a total shipment of over 1.55 million units for 2017-2025 including sales of UAV hardware, software, and service spending. This represents a continued and accelerating growth with two-digit CAGRs in terms of sales revenue as well as annual shipment of drones for insurance claims processing, risk assessments, property appraisal and others. Drones for Insurance Industry: Global Market Research, Forecast, and Strategy 2016-2025 is based on a comprehensive research study of the insurance-inspection drones market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium information sources with inputs derived from industry professionals across the value chain. In-depth qualitative analyses include identification and investigation of market structure, growth drivers, restraints and challenges, emerging product trends & market opportunities, and Porter's Fiver Forces. Moreover, risks associated with investing in global UAVs market for insurance industry are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. The report quantifies global insurance drones market in each and every aspect of the classification from perspectives of subsystem, drone application, technology and region. Based on UAV subsystem, the global market is segmented into the following three sections with annual revenue data available for each section over 2014-2025: • Drones Hardware (frame, controller system, propulsion system, sensors, cameras, etc.) • Drones Software (imaging software, GPS, GIS, etc.) • Drones Service (cloud service, integration, engineering, and management) On basis of drone application, the global market is studied in the following segments with annual shipment and sales revenue provided for each sub-segment covering 2014-2025 duration: • Claims Processing • Risk Assessments • Property Appraisal and Others On basis of UAV technology, the global market is divided into six segments with annual revenue data available for each segment in every year of 2014-2025: • Energy and Propulsion • Data Collecting and Processing • Steering and Positioning • Automation Systems • Communications and Relays • Cyber Security Geographically, the following five regions together with the listed national markets are fully investigated regarding the global drones market for insurance industry: • APAC (China, Japan, South Korea, Australia, India, and Rest of APAC) • Europe (Germany, France, UK, Italy, Russia, Turkey, Rest of Europe) • North America (U.S. and Canada) • Latin America (Brazil, Mexico, Rest of Latin America) • RoW (Saudi Arabia, United Arab Emirates) For each of the aforementioned regions and countries, detailed analysis and data about annual revenue of UAV systems for insurance industry are available for every single year over 2014-2025. Data regarding annual shipment are also provided at regional level for each year of 2014-2025. The report also includes current competitive scenario and the predicted manufacture trend, and profiles 22 drone vendors including market leaders and important emerging players. Highlighted with 6 tables and 74 figures, this 163-page report provides timely data and detailed analysis to help clients targeting the global market to identify business opportunities and execute an effective strategy. (Note: The report can be customized/updated per request to meet clients' needs.) Key Players: 3D Robotics AeroVironment, Inc. Aeryon Labs Airware Inc Arch Aerial LLC Ascending Technologies GmbH Cyberhawk Innovations Dajiang Innovation Technology Inc. (DJI) Delta Drone Draganfly Innovations DroneDeploy Eagle UAV Services GoPro, Inc. HUVRData, LLC Kespry Inc. Marcus UAV Inc Precision Drone Sarl Dronotec senseFly/Parrot Skycatch Trimble Navigation Ltd. Yuneec International

1 Introduction 
1.1 Industry Definition and Research Scope 
1.1.1 Industry Definition 
1.1.2 Research Scope 
1.2 Research Methodology 
1.2.1 Overview of Market Research Methodology 
1.2.2 Market Assumption 
1.2.3 Secondary Data 
1.2.4 Primary Data 
1.2.5 Data Filtration and Model Design 
1.2.6 Market Size/Share Estimation 
1.2.7 Research Limitations 
1.3 Executive Summary 
2 Market Overview and Qualitative Analysis 
2.1 Market Structure 
2.2 Market Size and Forecast 
2.3 Major Growth Drivers 
2.4 Market Restraints and Challenges 
2.5 Emerging Opportunities and Market Trends 
2.6 Porter's Fiver Forces Analysis 
2.7 Investing in Global Drones Market for Insurance Industry: Risk Assessment and Management
2.7.1 Risk Evaluation of Global Market 
2.7.2 Critical Success Factors (CSFs) 
3 Segmentation of Global Market by Subsystem 
3.1 Market Overview by Subsystem 
3.2 Global UAVs Hardware Market in Insurance Industry 2014-2025 
4.3 Global UAVs Software Market in Insurance Industry 2014-2025 
4.4 Global UAVs Service Market in Insurance Industry 2014-2025 
4 Segmentation of Global Market by Application 
4.1 Market Overview by Application 
4.2 Global Drones Market for Claims Processing 2014-2025 
4.3 Global Drones Market for Risk Assessments 2014-2025 
4.4 Global Drones Market for Property Appraisal and Others 2014-2025 
5 Segmentation of Global Market by Technology 
5.1 Market Overview by Technology 
5.2 Energy and Propulsion System Market 2014-2025 
7.3 Data Collecting and Processing System Market 2014-2025 
7.4 Steering and Positioning System Market 2014-2025 
7.5 Automation System Market 2014-2025 
7.6 Communications and Relays System Market 2014-2025 
7.7 Cyber Security System Market 2014-2025 
6 Segmentation of Global Market by Region 
6.1 Geographic Market Overview by Region 2015-2025 
6.2 North America Market 2014-2025 
6.2.1 Overview of North America Market 
6.2.2 U.S. Market 
6.2.3 Canadian Market 
6.3 European Market 2014-2025 
6.3.1 Overview of European Market 
6.3.2 Germany 
6.3.3 France 
6.3.4 UK 
6.3.5 Italy 
6.3.6 Russia 
6.3.7 Turkey 
6.3.8 Rest of European Market 
6.4 Asia-Pacific Market 2014-2025 
6.4.1 Overview of Asia-Pacific Market 
6.4.2 China 
6.4.3 Japan 
6.4.4 South Korea 
6.4.5 Australia 
6.4.6 India 
6.4.7 Rest of APAC Region 
6.5 Latin America Market 2014-2025 
6.5.1 Overview of Latin America Market 
6.5.2 Mexico 
6.5.3 Brazil 
6.5.4 Rest of Latin America 
6.6 Rest of World Market 2014-2025 
6.6.1 Overview of RoW Market 
6.6.2 Saudi Arabia 
6.6.3 United Arab Emirates 
7 Competitive Landscape 
7.1 Overview of Global Vendors 
7.2 Company Profiles (22 Vendors) 
3D Robotics Inc 
AeroVironment, Inc. 
Aeryon Labs 
Airware, Inc. 
Arch Aerial LLC 
Ascending Technologies GmbH 
Cyberhawk Innovations Ltd. 
Dajiang Innovation Technology Inc. (DJI) 
Delta Drone S.A. 
Draganfly Innovations 
DroneDeploy 
Eagle UAV Services 
GoPro, Inc. 
HUVRData, LLC 
Kespry Inc. 
Marcus UAV Inc 
Precision Drone 
Sarl Dronotec 
senseFly/Parrot 
Skycatch Inc 
Trimble Navigation Ltd. 
Yuneec International 
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Table 1.  Global Drones Market in Insurance Industry by Shipment and Revenue, 2015-2025 
Table 2.  Main Challenges in Global Drones Market for Insurance Industry 
Table 3.  Main Product Trends and Market Opportunities in Global Drones Market for Insurance Industry 
Table 4.  Summary and Outlook of Risk Evaluation for Investing in Global Drones Market for Insurance Industry, 2016-2025 
Table 5. List of Critical Success Factors and Key Takeaway Notes 
Table 6. Summary of Aircraft Built by Yuneec International 


Figure 1.  Research Method Flow Chart 
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 
Figure 3. Structure of Global UAVs/Drones Market in Insurance Industry 
Figure 4. Global Drones Market in Insurance Industry by Unit Shipment, 2014-2025, thousand units 
Figure 5. Global Drones Market in Insurance Industry by Sales Revenue, 2014-2025, $ mn 
Figure 6. Primary Drivers and Impact Factors of Global Drones Market in Insurance Industry 
Figure 7. Primary Restraints and Impact Factors of Global Drones Market in Insurance Industry
Figure 8. Porter's Fiver Forces Analysis of Global Market 
Figure 9. Breakdown of Global Drones Market in Insurance Industry by Subsystem, 2016-2025, % of Revenue 
Figure 10. Comparison of 2016-2025 Revenue Growth Rates by Subsystem 
Figure 11. Global UAV Hardware Market in Insurance Industry by Sales Revenue, 2014-2025, $ mn
Figure 12.  Global UAV Software Market in Insurance Industry by Sales Revenue, 2014-2025, $ mn 
Figure 13.  Global UAV Service Market in Insurance Industry by Sales Revenue, 2014-2025, $ mn
Figure 14. Breakdown of Global Drones Market for Insurance Sector by Application, 2016-2025, % of Unit Shipment 
Figure 15. Comparison of 2016-2025 Shipment Growth Rates by Application 
Figure 16. Breakdown of Global Drones Market for Insurance Sector by Application, 2016-2025, % of System Revenue 
Figure 17. Comparison of 2016-2025 Revenue Growth Rates by Application 
Figure 18. Global Drones Market for Claims Processing by Shipment, 2014-2025, thousand units
Figure 19. Global Drones Market for Claims Processing by Revenue, 2014-2025, $ mn 
Figure 20. Global Drones Market for Risk Assessments by Shipment, 2014-2025, thousand units
Figure 21. Global Drones Market for Risk Assessments by Revenue, 2014-2025, $ mn 
Figure 22. Global Drones Market for Property Appraisal and Others by Shipment, 2014-2025, thousand units 
Figure 23. Global Drones Market for Property Appraisal and Others by Revenue, 2014-2025, $ mn
Figure 24. Breakdown of Global Drones Market in Insurance Industry by Technology, 2016-2025, % of System Revenue 
Figure 25. Comparison of 2016-2025 Revenue Growth Rates by Technology 
Figure 26. Global UAV Energy and Propulsion System Market in Insurance Industry, 2014-2025, $ mn 
Figure 27. Global UAV Data Collecting and Processing System Market in Insurance Industry, 2014-2025, $ mn 
Figure 28. Global UAV Steering and Positioning System Market in Insurance Industry, 2014-2025, $ mn 
Figure 29. Global UAV Automation System Market in Insurance Industry, 2014-2025, $ mn 
Figure 30. Global UAV Communications and Relays System Market in Insurance Industry, 2014-2025, $ mn 
Figure 31. Global UAV Cyber Security System Market in Insurance Industry, 2014-2025, $ mn
Figure 32.  Geographic Spread of Worldwide UAVs Market for Insurance Industry, 2016-2025, % of Unit Shipment 
Figure 33. Comparison of 2015-2025 Shipment Growth Rates by Region 
Figure 34.  Geographic Spread of Worldwide UAVs Market for Insurance Industry, 2016-2025, % of Sales Revenue 
Figure 35. Comparison of 2015-2025 Revenue Growth Rates by Region 
Figure 36.  North American Insurance-Industry Drones Market by Shipment, 2014-2025, thousand units 
Figure 37.  North American Insurance-Industry Drones Market by Revenue, 2014-2025, $ mn
Figure 38. Breakdown of North America Insurance-Industry Drones Market by Country, 2016 and 2025, % of Revenue 
Figure 39. 2015-2025 Revenue Growth Rates of National Markets in North America 
Figure 40. U.S. Insurance-Industry Drones Market, 2014-2025, $ mn 
Figure 41. Canadian Insurance-Industry Drones Market, 2014-2025, $ mn 
Figure 42.  European Insurance-Industry Drones Market by Shipment, 2014-2025, thousand units
Figure 43.  European Insurance-Industry Drones Market by Revenue, 2014-2025, $ mn 
Figure 44. Breakdown of European Insurance-Industry Drones Market by Country, 2016 and 2025, % of Revenue 
Figure 45. 2015-2025 Revenue Growth Rates of National Markets in Europe 
Figure 46. Insurance-Industry Drones Market in Germany, 2014-2025, $ mn 
Figure 47. Insurance-Industry Drones Market in France, 2014-2025, $ mn 
Figure 48. Insurance-Industry Drones Market in UK, 2014-2025, $ mn 
Figure 49. Insurance-Industry Drones Market in Italy, 2014-2025, $ mn 
Figure 50. Insurance-Industry Drones Market in Russia, 2014-2025, $ mn 
Figure 51. Insurance-Industry Drones Market in Turkey, 2014-2025, $ mn 
Figure 52. Insurance-Industry Drones Market in Rest of Europe, 2014-2025, $ mn 
Figure 53. Asia-Pacific Insurance-Industry Drones Market by Shipment, 2014-2025, thousand units 
Figure 54. Asia-Pacific Insurance-Industry Drones Market by Revenue, 2014-2025, $ mn 
Figure 55. Breakdown of APAC Insurance-Industry Drones Market by Country, 2016 and 2025, % of Revenue 
Figure 56. 2015-2025 Revenue Growth Rates of National Markets in APAC 
Figure 57. Insurance-Industry Drones Market in China, 2014-2025, $ mn 
Figure 58. Insurance-Industry Drones Market in Japan, 2014-2025, $ mn 
Figure 59. Insurance-Industry Drones Market in South Korea, 2014-2025, $ mn 
Figure 60. Insurance-Industry Drones Market in Australia, 2014-2025, $ mn 
Figure 61. Insurance-Industry Drones Market in India, 2014-2025, $ mn 
Figure 62. Insurance-Industry Drones Market in Rest APAC, 2014-2025, $ mn 
Figure 63. Latin America Insurance-Industry Drones Market by Shipment, 2014-2025, thousand units 
Figure 64. Latin America Insurance-Industry Drones Market by Revenue, 2014-2025, $ mn 
Figure 65. Breakdown of Latin America Insurance-Industry Drones Market by Country, 2016 and 2025, % of Revenue 
Figure 66. 2015-2025 Revenue Growth Rates of National Markets in Latin America 
Figure 67. Insurance-Industry Drones Market in Mexico, 2014-2025, $ mn 
Figure 68. Insurance-Industry Drones Market in Brazil, 2014-2025, $ mn 
Figure 69. Insurance-Industry Drones Market in Rest of Latin America, 2014-2025, $ mn 
Figure 70. Insurance-Industry Drones Market in Rest of the World (RoW) by Shipment, 2014-2025, thousand units 
Figure 71. Insurance-Industry Drones Market in Rest of the World (RoW) by Revenue, 2014-2025, $ mn 
Figure 72. Insurance-Industry Drones Market in Saudi Arabia, 2014-2025, $ mn 
Figure 73. Insurance-Industry Drones Market in United Arab Emirates, 2014-2025, $ mn 
Figure 74. senseFly eBee Ag and Autopilot System

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