Press release
Demand For Drone Motor Market To Rise Significantly From Key (Use Industry Sector) : Fact.MR
The global drone motor market was valued at US$ ~738 Mn in the year 2019 and is anticipated to surpass US$ ~7.3 Bn during the forecast period (2020-2030).Multi-rotor drones are projected to be the most lucrative, capturing more than three fourth of the overall demand pie in the global drone motors market. Various retail and logistics companies across the globe are formulating different ways of testing drone delivery services and drone delivery systems to solve the problem of "last mile" deliveries.
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Presently, drones and robot deliveries are not as far-fetched as they seem and many companies are expected to eventually integrate these in the future, unlocking growth avenues for drone motor manufactures. However, the recent COVID-19 pandemic has negatively affected the growth of the drone motors market. Demand for drone motors is expected to witness a decline in 2020 on the back of the COVID-19 pandemic. The market for drone motors is forecast to witness a dexterous CAGR of 28.4%
Key Segments of the Drone Motor Market
Fact.MR's study on the drone motor market offers information divided into four important segments-coverage patterns, source, range, and regional analysis. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
By Drone Type :
Fixed Wing
Multi-Rotor
Single-Rotor
Fixed-Wing Hybrid
By Motor Type :
Brushless DC Motor
Brushless DC Motor
By Power :
< 50W
50W to 200W
> 200W
By Drone Category :
Commercial
Consumer
By Sales Channel :
OEM
Aftermarket
By Region :
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
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Key Takeaways of Drone Motor Market Study:
The global drone motor market is estimated to create an absolute $ opportunity of more than US$ ~6.7 Bn, expanding ~12X from 2020 through 2030.
Multi-Rotor segment is projected to surpass market valuation of US$ ~104 Bn by the end of 2030.
Brushless DC Drone Motors is estimated to be the most lucrative motor type in the global drone motors market, expected to gain 389 BPS over the course of the forecast duration.
South Asia is projected to grow 1.2X faster than East Asia. Furthermore, North America is estimated to account for a major chunk of the demand pie by the end of the forecast period.
Collectively, below 50W and 50W to 200W power segments are estimated to hold ~60% of the overall value opportunity created by the end of the forecast period.
Key Questions Answered in the Fact.MR Drone Motor Market Report
Which regions will continue to remain the most profitable regional markets for the Drone Motor market players?
Which factors will induce a change in the demand for drone motor during the assessment period?
How will changing trends impact the drone motor market?
How can market players capture the low-hanging opportunities in the drone motor market in developed regions?
Which companies are leading the drone motor market?
What are the winning strategies of stakeholders in the drone motor market to upscale their position in this landscape?
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Find More Valuable Insights on Drone Motors Market
Fact.MR, in its new offering, provides an unbiased analysis of the global drone motor market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030. The study divulges compelling insights on the drone motor market on the basis of Drone (Fixed Wing, Multi-Rotor, Single-Rotor and Fixed-Wing Hybrid), Motor (Brushless DC Motor and Brushed DC Motor), Power (Below 50W, 50W to 200W and above 200W), Drone Category (Commercial and Consumer) and Sales Channel (OEM and Aftermarket) across seven regions.
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