Press release
The Small Drones Market is projected to reach a market value from USD 18.55 Bn in 2021 to USD 65.34 Bn by 2029, exhibiting a robust growth at a CAGR of 17.04 percent during the forecast period
Small Drones Market
The market analysis includes the impact of the COVID-19 lockdown on the revenue of market leaders, followers, and disrupters, considering the varying implementation of lockdown measures across different regions and countries. The report examines the short-term and long-term impact of the pandemic, aiding decision-makers in formulating strategies for their companies.
The report utilizes reputable sources such as Bloomberg, Hoovers, and Factiva to gather insights about the Small Drones Market. Industry experts from leading manufacturing companies and other stakeholders were consulted to validate and collect critical information for evaluating market trends during the forecast period. Top-down and bottom-up approaches were employed to estimate the global and regional market size.
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Small Drones Market Dynamics:
Commercial applications dominate the small drones market, holding the largest market share in 2017. This is due to the rising demand for drones and drone-generated data in commercial sectors such as retail and e-commerce. Furthermore, relaxed rules for operating drones in some countries have increased the adoption rate of commercial drones. The propulsion system segment is expected to witness the highest CAGR during the forecast period, with the lithium-ion segment leading the growth, followed by fuel-cell batteries and hybrid propulsion systems. Among payload segments, the sensor segment is projected to grow at the highest CAGR during the forecast period. Advancements in sensor capacity and quality features drive the growth of this segment.
Comprehensive analysis of competitive developments, including contracts, joint ventures, mergers and acquisitions, collaborations, product launches and developments, and research and development (R&D) activities in the Small Drones Market. Detailed analysis of the market based on application, size, type, propulsion system, payload, and geography. Quantitative analysis of the industry from 2017 to 2029 to enable stakeholders to capitalize on market opportunities.
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Small Drones Market Regional Insights:
The Asia-Pacific (APAC) region is anticipated to hold the largest share of the overall small drones market. This growth is attributed to innovative technology solutions for drones and a focus on manufacturing them at the lowest possible cost. Countries like China, India, South Korea, and Australia are actively producing small drones for commercial and defense applications.
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Small Drones Market Segmentation
By Size:
• Nano Small Drones
• Micro Small Drones
• Mini Small Drones
By Type:
• Rotary Wing
• Fixed Wing
By Application:
• Commercial Application
• Defense Application
By Propulsion System:
• Hybrid Cell
• Solar Cell
• Fuel Cell
• Lithium-Ion
• Hydroge
By Payload:
• Cameras
• Sensors
• Nbc Detection System
• Telemetry System
• Videoscreen
• Synthetic Aperture Radar (SAR)
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Small Drones Market Key Competitors include:
• Lockheed Martin Corporation
• Financial Highlights
• Israel Aerospace Industries Ltd.
• Elbit Systems, Ltd.
• Aerovironment Inc.
• Parrot SA
• DA-Jiang Innovations Science and Technology Co., Ltd.
• Microdrones GmbH
• 3D Robotics Inc.
• The Boeing Company
• Microdrones GmbH
• SAAB AB
• BAE Systems, Inc.
• Textron Inc.
• Thales Group
Table of Content for Small Drones Market
1. Global Small Drones Market: Research Methodology
2. Global Small Drones Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Small Drones Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Small Drones Market Segmentation
• Global Market, by Size (2021-2029)
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Propulsion System (2021-2029)
• Global Market, by Payload (2021-2029)
5. Regional Small Drones Market (2021-2029)
• Regional Market, by Size (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Propulsion System (2021-2029)
• Regional Market, by Payload (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Size, Type, Application, Propulsion System and Payload
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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