Top 10 Commercial Drone Companies | Best Tech Provided

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Mar 27, 2024

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Commercial Drone Market Overview

Commercial drone, also known as UAVs, are rapidly integrating into various sectors due to their proficiency in executing tasks too hazardous or complex for humans.

Equipped with technologies like GPS, Lidar, and infrared cameras, these drones facilitate autonomous flight and detailed data collection.

Their adoption is growing in fields such as agriculture, construction, and delivery, driven by technological advances and regulatory developments from bodies like the FAA.

With continuous improvements in drone technology and regulatory environments, their use is set to expand, offering new opportunities for operational efficiency and data gathering across industries.

Market Drivers

The global commercial drone market’s swift expansion is fueled by technological enhancements in areas like battery technology, camera resolution, GPS, and AI, alongside regulatory advancements from bodies such as the FAA and EASA, which have laid the foundation for safe and expansive drone use.

Drones are increasingly adopted in sectors like agriculture, construction, and logistics for their cost-effectiveness and operational efficiency.

Backed by substantial investments and R&D and bolstered by growing public acceptance, these advancements are paving the way for drones to revolutionize various industries by improving service delivery and operational efficiency.

Market Size

The global commercial drone market is expected to reach USD 125.9 billion by 2033, with a consistent CAGR of 29.9% from 2024 to 2033, up from USD 9.2 billion in 2023.

List of Major Companies

These are the top ten companies operating in the Commercial Drone Market:


Company Overview

Establishment Year2006
HeadquarterShenzhen, Guangdong, China
Key ManagementFrank Wang (CEO)
Revenue (US$ Bn)$ 3.8 Billion (2021)
Headcount~ 14,000 (2021)

About SZ DJI Technology

SZ DJI Technology Co., Ltd. is a key player in the commercial drone market, known for its innovative and high-quality drones designed for agriculture, construction, emergency services, and media.

Established in 2006 in Shenzhen, China, DJI’s leading position is upheld by its wide-ranging drone models, including the Matrice, Phantom, and Agras series, equipped with cutting-edge cameras, flight controls, and sensors.

The company’s dedication to R&D has solidified its status as a market leader, consistently introducing advanced features.

DJI maintains a strong global presence, complies with regulatory standards, and emphasizes safe drone usage, thereby shaping the future of the commercial drone industry through technological advancements and responsible practices.

Geographical Presence

SZ DJI Technology Co., Ltd. has a strong global presence, with its main operations in Shenzhen, China, serving as the hub for research, manufacturing, and business activities.

The company operates across North America, Europe, and the Asia-Pacific, addressing the high demand for drones among both commercial and consumer sectors.

DJI ensures global access to its products through an extensive retail and distribution network and leverages a worldwide supply chain for component sourcing.

With R&D centers located in key global tech hubs, DJI is at the forefront of drone innovation, reinforcing its leadership in the commercial drone market and enhancing the availability of its advanced products worldwide.

Recent Developments

  • In March 2024, DJI launched DJI Dock 2 worldwide, featuring the specially designed DJI Matrice 3D/3TD drone.
  • In January 2024, DJI unveiled DJI Mic 2, establishing a new standard for audio recording. This device offers creators high-quality sound, ease of use, and outstanding stability.


Company Overview

Establishment Year1994
HeadquarterParis, France
Key ManagementHenri Seydoux (Chairman & CEO)
Revenue (US$ Bn)$ 75.7 M (2022)
Headcount~ 533 (2022)

About Parrot

Founded in 1994 in Paris, Parrot SA transitioned from wireless tech to a leader in the commercial drone industry.

It delivers sophisticated drones for sectors like agriculture and public safety, highlighted by its ANAFI series with advanced thermal and long-range features.

Committed to innovation, Parrot invests in R&D to incorporate cutting-edge technologies such as AI for superior drone functionality.

The company emphasizes sustainable and ethical production practices. With its global distribution, Parrot aims to offer premium, easy-to-use drones at competitive prices, solidifying its international presence and contributing to the evolution of commercial drone technology.

Geographical Presence

Parrot SA, based in France, has significantly broadened its international reach in response to the rising global demand for drone technology.

Originally starting in France, Parrot has now penetrated markets across Europe, North America, Asia-Pacific, and other emerging regions.

Strategic alliances, strong online sales, and regional subsidiaries support this expansion. The technological innovation in Europe, the vast consumer market and regulatory support in North America, and the technological boom in Asia-Pacific have all been key to Parrot’s growth.

Such a widespread presence highlights Parrot’s ability to navigate global tech trends and regulatory landscapes, making it a key competitor in the worldwide drone market.

Recent Developments

  • In October 2021, Parrot partnered with three top UAV training institutions to introduce Parrot Certified Training Programs aimed at professional users in public safety, enterprise, government, and defense sectors.
  • In January 2021, Parrot was chosen by France’s DGA to supply ANAFI USA micro-drones to the French Army’s Air, Sea, and Land forces.


Company Overview

Establishment Year1968
HeadquarterSanta Clara, California, U.S.
Key ManagementFrank D. Yeary (Chairman)
Revenue (US$ Bn)$ 54.2 Billion (2023)
Headcount~ 124,800 (2023)

About Intel Corporation

Intel Corporation has made a notable entry into the commercial drone market, building on its computing and technological expertise.

With products like the Intel Falcon 8+ for professional uses and the Intel Shooting Star for entertainment, Intel demonstrates how drones can revolutionize various industries.

The company not only focuses on drone hardware but also develops advanced software for autonomous flying and data analysis.

By working closely with regulators and industry stakeholders, Intel aims to promote a safe and innovative drone environment.

This move into the drone space is part of Intel’s wider strategy to diversify its offerings and contribute to the sector’s technological progress.

Geographical Presence

Intel Corporation’s leadership in the semiconductor sector is bolstered by its widespread global presence, including advanced manufacturing sites in the US, Ireland, Israel, and China, as well as R&D centers across the US, Europe, Asia, and Israel.

This strategic placement taps into local expertise and resources, driving innovation and technological progress.

Moreover, Intel’s comprehensive network of sales and support offices across key global markets ensures strong customer connections and market adaptability.

This strategic global footprint enhances Intel’s production capabilities and innovation while also providing resilience against geopolitical and economic fluctuations, securing its position in the fast-paced tech industry.

Recent Development

  • In March 2024, Intel rolled out two AI initiatives in its AI PC Acceleration Program: a developer program and adding independent hardware vendors.
  • In March 2024, Intel and Arm finalized their collaboration to support startups through the Emerging Business Initiative, signing a memorandum of understanding.


Company Overview

Establishment Year1971
HeadquarterArlington, Virginia, United States
Key ManagementWahid Nawabi (CEO)
Revenue (US$ Bn)$ 446 Million (2022)
Headcount~ 1,214 (2022)

About AeroVironment

Founded in 1971 and based in Arlington, Virginia, AeroVironment has become a prominent force in the commercial drone market, specializing in UAVs for military, government, and commercial applications.

Its standout products, such as the Quantix™ Mapper and Puma™ series, serve a wide range of uses from agriculture to infrastructure, emphasizing the company’s commitment to quality, precision, and versatility.

AeroVironment’s investment in R&D has propelled advancements in UAV technology, enhancing flight time, payload, and autonomy.

Equipped with cutting-edge sensors and analytics software, its drones deliver valuable insights. Through its international footprint and strategic alliances, AeroVironment is at the forefront of driving innovation in the UAV industry, solidifying its leadership and contributing to the sector’s growth.

Geographical Presence

AeroVironment, Inc. has established a robust geographical presence, with headquarters and primary operations situated in the United States.

Internationally, the company has strategically expanded into regions such as Europe, the Middle East, Asia Pacific, and Latin America, capitalizing on the growing demand for unmanned aerial vehicles (UAVs) and tactical missile systems.

Through partnerships and collaborations with local entities, AeroVironment navigates diverse regulatory landscapes and customizes its offerings to meet specific regional needs.

This approach positions AeroVironment as a key player in both domestic and global markets for UAVs and related technologies.

Recent Development

  • In February 2024, AeroVironment’s approval of the PS2500 battery for the Puma™ 3 AE unmanned aircraft system extended flight time to three hours, enhancing mission flexibility and operational duration for land and maritime operations.
  • In February 2024, AeroVironment’s Tomahawk line secured a $2.67 million contract from Advanced Technology International (ATI).


Company Overview

Establishment Year1916
HeadquarterArlington, Virginia, U.S.
Key ManagementDave Calhoun (President and CEO)
Revenue (US$ Bn)$ 77.7 B (2023)
Headcount~ 170,688 (2023)

About Boeing

Boeing, an esteemed aerospace company, has expanded into the commercial drone sector, leveraging its extensive aviation and technology expertise.

With a strong focus on innovation and market adaptability, Boeing provides a variety of drone solutions tailored to sectors such as agriculture, infrastructure inspection, and logistics.

Key offerings include the Boeing Insitu ScanEagle and Boeing Phantom Eye, renowned for their durability and surveillance capabilities.

Boeing consistently invests in R&D to improve its drone technology, integrating advanced features like autonomous flight control and data processing.

Through strategic partnerships and collaborations, Boeing solidifies its market presence, delivering comprehensive drone solutions to meet global customer needs and maintain its leadership in the commercial drone industry.

Geographical Presence

Boeing, headquartered in Chicago, Illinois, has a global presence across North America, Europe, Asia-Pacific, the Middle East, Latin America, and Africa.

It operates manufacturing facilities in Washington, California, Texas, and South Carolina in North America, alongside establishments in the UK and Germany in Europe.

In the Asia-Pacific region, it engages notably in China, Australia, and India. Furthermore, Boeing is active in the Middle East, particularly in the UAE and Saudi Arabia, and has partnerships in Latin America, including Brazil, and collaborations in Africa, especially South Africa.

This extensive footprint underscores Boeing’s commitment to diverse markets and utilizing local expertise worldwide.

Recent Developments

  • In March 2024, Boeing pledged $250,000 to aid recovery efforts following wildfires in the Texas panhandle and western Oklahoma.
  • In March 2024, Boeing and Ethiopian Airlines revealed a deal for the East African carrier to buy eight 777-9 passenger aircraft, with the option for an extra 12 jets.


Company Overview

Establishment Year1995
HeadquarterBethesda, Maryland, United States
Key ManagementJames D. Taiclet (Chairman, President, and CEO)
Revenue (US$ Bn)$ 67.6 Billion (2023)
Headcount~ 122,000 (2023)

About Lockheed Martin Corporation

Lockheed Martin, a leading aerospace and defense firm headquartered in Bethesda, Maryland, has ventured into the commercial drone sector, drawing on its aviation and technology prowess.

Founded in 1995, Lockheed Martin is renowned for its cutting-edge aircraft, spacecraft, and defense systems.

The recent expansion into unmanned aerial systems (UAS) or drones underscores Lockheed Martin’s commitment to innovation and market responsiveness.

Offering customized drone solutions equipped with advanced sensors and analytics, such as the Indago and Vector Hawk series, Lockheed Martin aims to enhance operational efficiency and safety across various industries.

Through a focus on research and development and strategic collaborations, Lockheed Martin strengthens its position in the global drone market. This move reflects Lockheed Martin’s ongoing dedication to innovation and shaping the future of drone technology.

Geographical Presence

Lockheed Martin Corporation, a prominent aerospace and defense firm based in Bethesda, Maryland, has a strong global presence across North America, Europe, the Middle East, and Asia Pacific.

In North America, it operates vital facilities supporting national security projects. In Europe, Lockheed Martin collaborates with governments and defense agencies on advanced technology ventures.

In the Middle East, it forms strategic partnerships for defense systems. Similarly, in Asia Pacific, the company addresses security challenges and fosters innovation.

Globally, it relies on a diverse network of partners to uphold its commitment to worldwide customer service.

Recent Developments

  • In March 2024, Lockheed Martin prolonged its collaboration pact with Navantia, Spain’s leading defense and shipbuilding firm, and the designated naval Combat System Integration agent.
  • In March 2024, the U.S. Army effectively showcased Lockheed Martin’s advanced Extended-Range GMLRS (ER GMLRS) at White Sands Missile Range, New Mexico, targeting a specified set.


Company Overview

Establishment Year1866
HeadquarterHaifa, Israel
Key ManagementMichael Federmann (Chairman)
Revenue (US$ Bn)$ 5.2 Billion (2021)
Headcount~ 18,407 (2022)

About Elbit Systems

Elbit Systems, a renowned defense technology firm founded in Israel in 1967, has strategically expanded into the commercial drone market to meet the rising demand for unmanned aerial systems.

Drawing on its expertise in defense tech, Elbit Systems offers advanced drone solutions tailored for sectors like agriculture, surveillance, and infrastructure inspection.

With its Hermes and Skylark series drones featuring advanced sensors, the company delivers reliable platforms for real-time data analysis.

Elbit Systems’ strong market position and ongoing R&D investments solidify its leadership in providing innovative drone solutions, empowering global businesses with top-tier technology and operational efficiency.

Geographical Presence

Elbit Systems, headquartered in Israel, has a global footprint strategically distributed across North America, Europe, Asia-Pacific, and the Middle East.

Through regional offices, production facilities, and partnerships, the company effectively serves diverse markets and engages with local customers.

This geographical presence enables Elbit Systems to deliver tailored solutions, build strong relationships, and capitalize on emerging opportunities worldwide.

With a focus on innovation and customer-centricity, Elbit Systems continues to expand its reach, solidifying its position as a leading provider of defense and aerospace technologies on a global scale.

Recent Developments

  • In March 2024, Elbit Systems secured a $300 million contract to provide defense solutions to an international client, to be executed over a decade.
  • In February 2024, Elbit Systems secured a $300 million contract to provide reconnaissance, weapon, driving, and situational awareness systems for around 230 armored vehicles to a European client.


Company Overview

Establishment Year1922
HeadquarterWaltham, Massachusetts, U.S.
Key ManagementThomas A. Kennedy (Chairman and CEO)
Revenue (US$ Bn)$ 68.9 Billion (2022)
Headcount~ 185,000 (2022)

About Raytheon Technologies

Raytheon Technologies Corporation has adeptly extended its aerospace and defense insight into the commercial drone sector to meet rising demands in areas like agriculture, surveillance, and infrastructure.

Utilizing its sophisticated technological base, including advanced sensors and AI, Raytheon has crafted high-performance drones.

The company enhances its innovation through partnerships with technology companies, startups, and academia, aiming to produce customized drone solutions.

Raytheon also plays a key role in developing safety standards for drone operations, highlighting its dedication to regulatory adherence and leadership.

With the commercial drone industry evolving, Raytheon’s commitment to R&D and customer-focused solutions heralds its potential for substantial growth in this vibrant market.

Geographical Presence

Raytheon Technologies Corporation, a leading force in the global aerospace and defense sector, boasts a widespread presence across North America, Europe, Asia-Pacific, and the Middle East, with growing activities in Africa and South America.

Positioned strategically across these regions, Raytheon caters to a wide array of clients, including government defense and commercial aviation.

The company excels in a variety of operations, from manufacturing and research in the U.S. to offering defense and cybersecurity solutions internationally.

Key to Raytheon’s worldwide success is its strategic alliances with local entities, tailored to address the specific needs of different regions and ensure regulatory compliance, thus solidifying its stature as a global industry leader.

Recent Development

  • In March 2024, Raytheon was awarded a $1.2 billion deal to supply Germany with additional Patriot® air and missile defense systems, boosting its air defense infrastructure.
  • In March 2022, Collins Aerospace, a part of RTX, made its first delivery of Meridian® main cabin seats from its facility in Tanauan City, Philippines, to Airbus. This shipment, aimed at enhancing a narrow-body aircraft cabin for an airline customer, offers passengers ergonomic seating, more space, and extensive in-seat storage.


Company Overview

Establishment Year1994
HeadquarterVirginia, United States
Key ManagementKathy J. Warden (President and CEO)
Revenue (US$ Bn)$ 39.3 Billion (2023)
Headcount~ 101,000 (2023)

About Northrop Grumman

Northrop Grumman Corporation has successfully expanded from aerospace and defense into the commercial drone market, utilizing its advanced technology for civilian applications.

The company’s drones are equipped with autonomous flight surveillance capabilities and are built to last, serving sectors such as agriculture, infrastructure, and logistics.

Focused on research and innovation, Northrop Grumman leads in enhancing drone functionality and safety, backed by strategic partnerships that bolster its tech advancements.

The company’s dedication to safety and regulatory standards ensures its position as a trusted name in the commercial drone industry.

This move into commercial drones showcases Northrop Grumman’s adaptability to market needs, signaling ongoing growth and innovation in the field.

Geographical Presence

Northrop Grumman Corporation, a key player in the global aerospace and defense industry, boasts extensive operations across the globe, including the United States, Europe, Asia-Pacific, and the Middle East, with growing activities in Latin America and Africa.

In the U.S., the company has a strong base of manufacturing, research, and offices. It collaborates with European partners in the UK, Germany, and Italy to address defense and aerospace needs.

In the Asia-Pacific, it focuses on surveillance, missile defense, and UAVs in countries like Japan, South Korea, Australia, and India—the Middle East benefits from its advanced military equipment.

Through worldwide partnerships, Northrop Grumman meets diverse regional requirements, adheres to regulations, and participates in global projects, reinforcing its stature in the defense and aerospace domains.

Recent Development

  • In March 2024, Northrop Grumman was chosen by DARPA to advance the development of a moon-based railroad network under the LunA-10 Capability Study, a 10-year initiative. This proposed lunar railroad would facilitate the transportation of people, supplies, and resources across the moon, aiding in the establishment of a space economy that benefits both the United States and its international partners.
  • In March 2024, Northrop Grumman and Diehl Defence agreed to jointly work on improving Germany’s air and missile defenses with advanced, multi-layered technologies.


Company Overview

Establishment Year2000
HeadquarterParis, France
Key ManagementPatrice Caine (Chairman and CEO)
Revenue (US$ Bn)$ 19.9 Billion (2022)
Headcount~ 81,060 (2022)

About Thales Group

Thales Group, leveraging its deep expertise in defense, aerospace, and security, has entered the commercial drone market with innovative solutions.

Expanding its portfolio, Thales now offers drones for various uses like surveillance, agriculture, and environmental monitoring, integrating cutting-edge sensors, analytics, and secure communications to meet the demand for advanced UAV technology.

Emphasizing safety and compliance, Thales actively shapes global UAV standards and seeks strategic partnerships to enhance its presence in the commercial drone space, providing high-performance, reliable solutions globally.

Geographical Presence

Thales Group, a prominent French multinational, has a vast presence in Europe, North America, Asia-Pacific, and the Middle East and is extending into Latin America and Africa.

Rooted in Europe, Thales utilizes its comprehensive network of R&D, manufacturing, and offices globally. It delivers defense, aerospace, and security solutions in North America, taps into the technology and infrastructure boom in Asia-Pacific, and meets the defense and transportation needs of the Middle East.

The company’s expansion into Latin America and Africa explores new markets. Thales’s focus on innovation, strategic partnerships, and customer satisfaction reinforces its global leadership in key sectors, setting the stage for future growth and innovation.

Recent Developments

  • In March 2024, Thales and Skyguide entered into a Memorandum of Understanding (MoU) to advance open architectures for Air Traffic Management (ATM) systems, utilizing Thales’s OpenSky platform.
  • In March 2024, Thales and the Société de transport de Montréal (STM) finalized a contract for a train control system project on Montreal Metro’s Blue Line.
Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.