Canada UAV Market, By Commercial, 2018-2030 (USD Million)

Year AGRICULTURE CONSTRUCTION & INFRASTRUCTURE LAW ENFORCEMENT & SECURITY OIL & GAS MINING MEDIA & ENTERTAINMENT LOGISTICS ENERGY & UTILITIES OTHERS
2018 $ 14.7 $ 16.5 $ 6.7 $ 2.4 $ 0.5 $ 3.9 $ 0.0 $ 4.2 $ 7.6
2019 $ 17.1 $ 19.5 $ 8.0 $ 2.8 $ 0.5 $ 4.6 $ 0.0 $ 4.9 $ 9.1
2020 $ 16.7 $ 19.2 $ 7.9 $ 2.8 $ 0.5 $ 4.5 $ 0.0 $ 4.7 $ 9.1
2021 $ 19.1 $ 22.3 $ 9.3 $ 3.2 $ 0.6 $ 5.3 $ 0.0 $ 5.4 $ 10.8
2022 $ 22.4 $ 26.5 $ 11.1 $ 3.8 $ 0.7 $ 6.2 $ 0.0 $ 6.3 $ 13.0
2023 $ 25.7 $ 30.8 $ 13.0 $ 4.4 $ 0.8 $ 7.2 $ 0.0 $ 7.1 $ 15.4
2024 $ 25.9 $ 35.2 $ 14.9 $ 4.9 $ 0.9 $ 8.3 $ 2.9 $ 7.9 $ 17.8
2025 $ 28.9 $ 39.9 $ 17.0 $ 5.6 $ 1.0 $ 9.4 $ 3.4 $ 8.8 $ 20.6
2026 $ 32.5 $ 46.0 $ 19.7 $ 6.4 $ 1.1 $ 10.8 $ 4.1 $ 10.0 $ 24.1
2027 $ 35.7 $ 51.6 $ 22.2 $ 7.1 $ 1.2 $ 12.1 $ 4.7 $ 11.0 $ 27.5
2028 $ 40.1 $ 59.4 $ 25.7 $ 8.1 $ 1.4 $ 13.9 $ 5.6 $ 12.3 $ 32.2
2029 $ 43.1 $ 65.3 $ 28.5 $ 8.8 $ 1.5 $ 15.2 $ 6.4 $ 13.3 $ 36.0
2030 $ 46.8 $ 72.8 $ 32.0 $ 9.8 $ 1.7 $ 17.0 $ 7.4 $ 14.5 $ 40.8
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Canada UAV Market, By Commercial, 2018-2030 (USD Million)

Synopsis
The above chart is Canada UAV Market, By Commercial, 2018-2030 (USD Million)

Market Dynamics

the use of unmanned aerial vehicles (uavs), also known as drones, in canada has been steadily increasing in recent years. while the majority of these drones have been used for recreational purposes, there has also been a significant increase in their commercial use. in fact, the commercial uav market in canada is expected to see continued growth in the coming years. one of the major factors driving the demand for commercial uavs in canada is the advancement of technology. the capabilities of drones have greatly improved in terms of their flight time, payload capacity, and imaging quality. this has made them a valuable tool for various industries such as agriculture, construction, energy, and transportation. for example, drones equipped with thermal cameras can quickly and efficiently inspect buildings and infrastructure for potential issues, saving both time and money for companies. additionally, the use of uavs in agriculture has been gaining traction in canada. drones equipped with advanced sensors and cameras can provide farmers with valuable data such as crop health, soil moisture levels, and plant count. this allows farmers to make more informed decisions about their crops and ultimately increase their yields. the use of drones in this industry is expected to increase as the technology continues to improve. another major factor contributing to the demand for commercial uavs in canada is the government's support and regulations. in 2019, transport canada announced new regulations for the use of drones in both recreational and commercial settings. these regulations aim to ensure the safe and responsible use of drones while also allowing for their potential in various industries. with clear guidelines in place, businesses and industries are more comfortable incorporating uavs into their operations. furthermore, the covid-19 pandemic has also accelerated the demand for commercial uavs in canada. with travel restrictions and safety concerns, various industries have turned to drones for tasks such as delivery, surveillance, and monitoring. this has opened up new opportunities for the commercial uav market in canada, with many companies investing in the technology for long-term use. in conclusion, the demand for commercial uavs in canada shows no signs of slowing down. with the advancement of technology, government support and regulations, and the impact of the pandemic, the use of drones in various industries is only expected to increase in the future. it is an exciting time for the uav market in canada, as companies continue to innovate and utilize this emerging technology.

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