openPR Logo
Press release

Small Drones Take Flight for Military Applications

10-24-2018 08:32 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Unmanned aerial vehicle technology is advancing rapidly, and drones are getting smaller by the day. Small drones are considered better because they are more agile, are harder to detect, and are easier for pilots to control. Recent drone research and development around the world has advanced the state of surveillance and military drones.

Request Sample@

The global small drone market could reach $13.4 billion by 2023, according to Allied Market Research. Work on both general-purpose and military drones has gained traction.

In another study, the Jouhou System Kougaku (JSK) Laboratory at the University of Tokyo unveiled the DRAGON drone. This drone is made up of a number of small drones and is capable of changing its shape in midair. Moreover, it can determine what shape to take based on the space in which it is navigating.

Purchase Inquiry@

Dominating Market Players:

•Lockheed Martin Corporation
•Aerovironment Inc.
•Elbit Systems Ltd.
•Parrot SA
•3D Robotics Inc.
•BAE Systems Inc.
•The Boeing Company
•Thales Group
•Textron Inc.

Connect to Analyst@

Analyst Says,

"North America and Europe, together accounted for about 64.6% of the total small drones market in 2016, with the former constituting around 37.4%. From growth perspective, Asia-Pacific and LAMEA are the two potential markets, expected to witness considerable increase in growth rates during the forecast period. At present, these two segments account for 35.4% of the small drones market. Their cumulative contribution in the overall market of the Asia-Pacific and LAMEA regions is anticipated to reach 36.8% by 2023, owing to high market growth over the next seven years. Asia-Pacific is expected to grow at a lucrative rate of 12.5% during the forecast period."

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Small Drones Take Flight for Military Applications here

News-ID: 1326658 • Views: 294

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ Synthetic biology is at a nascent stage and has recently

All 5 Releases

More Releases for LAMEA

Global LAMEA Oncology/Anti-Cancer Drugs Market 2019-2025 | Roche, Novartis, Celg …
Research Trades recently introduced new title on “Global LAMEA Oncology/Anti-Cancer Drugs Market ” offers a comprehensive and detailed insight into the current and future industry developmental trends, key market dynamics, regulatory framework in different countries, market challenges, winning strategies, and detailed market segmentation & forecast of major manufacturers and vendors. Request Sample Copy of Report @ In 2019, the market size of LAMEA Oncology/Anti-cancer drugs is million US$ and it
Container Homes Market by 2025: Market is analyzed across North America, Europe, …
According to the report, the global container homes market generated $44.76 billion in 2017 and is anticipated to garner $73.07 billion by 2025, growing at a CAGR of 6.5% during the forecast period. The growth of the global container homes market is driven by technological advancements that have reduced the cost & time required for construction, along with simplifying the process of installation & relocation. Market growth is also supplemented by
LAMEA IVD Market Value Expected to Grow $10,316 Million by 2023
According to a new report published by Allied Market Research, titled, LAMEA IVD Market by Product Type, Techniques, Application, and End Users: Opportunity Analysis and Industry Forecast, 2017-2023, the LAMEA IVD market was valued at $7,413 million in 2016, and is projected to reach at $10,316 million by 2023, growing at a CAGR of 4.7% from 2017 to 2023. The immunodiagnostics segment accounted for more than two-ninths share of the
Fraud Detection & Prevention Market Estimations by 2023, Regional Outlook: North …
Allied Market Research’s market report on “Fraud Detection & Prevention Market by Solution, Services, Deployment Type, End User, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2016-2023,” states that the global fraud detection & prevention market is estimated to garner $40,610 million by 2023 from $13,644 million in 2016, thereby attaining a CAGR of 17% from 2017 to 2023. The market for fraud detection and prevention market is driven by
Dental Elevators Market : Asia-Pacific and LAMEA Regions are growing faster (201 …
Dental elevator is an instrument that is used by dental professionals for tooth extraction. The global dental elevators market is driven by several factors such as increasing incidences of dental disorders, ageing population that is at high risk for tooth loss, increasing accidents that lead to tooth deformities, and increasing technological advancements in dentistry. However, limited reimbursements for dental procedures will restrain the market growth. Growing dental tourism and growth opportunities
LAMEA Oncology (Anti-cancer drugs) Market Revenue Forecast 2018-2025 Celgene, Pf …
LAMEA Oncology (Anti-cancer drugs) Market Research 2018 A market study "Global LAMEA Oncology (Anti-cancer drugs) Market" examines the performance of the LAMEA Oncology (Anti-cancer drugs) market 2018. It encloses an in-depth Research of the LAMEA Oncology (Anti-cancer drugs) market state and the competitive landscape globally. This report analyzes the potential of LAMEA Oncology (Anti-cancer drugs) market in the present and the future prospects from various angles in detail. The Global LAMEA Oncology