Asia-Pacific Small UAV Market Growing Technology Trends and Business Opportunities by 2025-SZ DJI Technology Co., Ltd., Yuneec Europe GmbH, Parrot Drones SAS

Asia-Pacific Small UAV Market by Component, Application, Services, and Region- Forecast to 2025
The Global Asia-Pacific Small UAV Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Asia-Pacific Small UAV business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Asia-Pacific Small UAV worth chain and its wholesaler examination. Asia-Pacific Small UAV Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Asia-Pacific small UAV market is projected to grow at a CAGR of over 15% during the forecast period.

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Top Leading Companies of Asia-Pacific Small UAV Market are SZ DJI Technology Co., Ltd., Yuneec Europe GmbH, Parrot Drones SAS, Elbit Systems Ltd., Guangzhou Walkera Technology Co., Ltd., Terra Drone Corporation, FLIR Systems, Inc., MicroMultiCopter Aero Technology Co., Ltd., Hubsan and others.

Industry News And Updates on Asia-Pacific Small UAV Market-

China is the Largest Market For Small UAVs in Asia-Pacific

China has become a global hub for the design, development, and manufacturing of small UAVs. the widening plethora of applications that can be fulfilled by small UAVs is one of the main growth drivers in the country, According to the UAV guideline published by the Chinese Ministry of Industry and Information Technology (MIIT), the ministry has planned to establish and revise more than 200 rules covering the research, production, application and safety regulation of civilian drones. In July 2017, the State Council of China released the New Generation Artificial Intelligence (AI) Development Plan to foster the adoption of AI on a national scale. The country envisions to emerge as a global leader in AI by 2030, and the Plan focuses on UAVs as one of its primary focus segments.

Key Market Trends Asia-Pacific Small UAV Market-

Rotary-wing Segment Accounted for the Largest Market Share in 2019

The increase in the number of initiatives undertaken by OEMs toward indigenous development in the field of small UAVs is expected to boost the adoption rate of the technology through easier access to low-cost UAVs. The technology is expected to have significant implications for a myriad of industries, ranging from public safety to farming automation, from disaster relief to infrastructure maintenance. The increasing demand for commercial UAVs in APAC has encouraged several companies to launch new products in the market. For instance, in May 2016, Xiaomi, a Chinese technology company, launched the Mi Drone. It can attain flight for 27 minutes owing to a 4-propeller system with detachable shields and backing by a 5,100 mAh battery at 17.4V. Moreover, the camera attached to a 3-axis gimbal can stabilize up to 2,000 vibrations per second, offering up to 104-degree wide-angle lens.

Competitive Landscape On Asia-Pacific Small UAV Market-

Competitive Landscape

SZ DJI Technology Co., Ltd. (DJI), Yuneec Europe GmbH, Elbit Systems Ltd., Hubsan, and MicroMultiCopter Aero Technology Co., Ltd., are some of the major players in the market. The use of small UAVs is increasing in civil and commercial sectors, and in tandem, the number of commercial use-small UAV manufacturers has increased by several folds in the region. The number of drones and related component manufacturers in China is about 1200 in 2019, up from 130 manufacturers in 2013, which clearly shows the extent of fragmentation in the market. Small UAV manufacturers are constantly striving to improve the sensor payloads that help them in obtaining precise information for surveillance. Thus, the focus on producing sensors that are smaller, lighter, faster, cheaper, more reliable, more accurate, and more sensitive is expected to drive more innovations in the small UAV market. Further miniaturization of drones is being concentrated upon, and many drone models that are of the size of a human finger are being made available in the market.

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