Drone Insurance Market Overview, Trends, Competitive Landscape, Growth Outlook


16 July 2021

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Drone Insurance Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the drone insurance industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected drone insurance market growth numbers 2021-2030.

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The Drone Insurance Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global drone insurance market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Drone Insurance Global Market Report 2021 covers drone insurance market drivers, drone insurance market trends, drone insurance market growth rate, drone insurance market major players, player-adopted strategies in the market, and drone insurance market size.

The global drone insurance market is expected to grow from $1.06 billion in 2020 to $1.13 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the increased operations of drones during the COVID-19 pandemic. Also, commercial activities are resuming, which has also increased drone operations. The market is expected to reach $1.41 billion in 2025 at a CAGR of 5.9%.

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The report covers the drone insurance market segments-
1) By Coverage Type: Liability Coverage, Hull Damage, Theft Coverage, Loss Or Flyaway Coverage, Payload Coverage, Personal Injury Coverage, Ground Equipment Coverage, Others
2) By Pricing: Hourly, Monthly, Annually
3) By Application: Commercial, Personal, Others

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