Micro Drone Market Is Anticipated To Reach US$ 16,057.0 Mn By 2033

The market for micro drones is anticipated to reach US$ 3,398.1 million in 2023 and grow at a healthy 16.8% CAGR between 2023 and 2033. Unmanned air systems (UAS) are now able to fly farther and faster than ever before, as well as carry out ever-sophisticated surveillance operations, due to recent rapid advancements in UAS technology.

These advancements have been driven by advances in size, weight, and power-optimised technologies, giving smaller man-powered systems more adaptable tactical capability. An unprecedented level of interest in drones has been sparked by recent advancements in technology.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7897?PS

Micro drones that can fly, search, and kill without human intervention have been developed by defense manufacturers. Consequently, it is anticipated that the market for micro drones will grow significantly over the course of the forecast period as micro drone are turning to be more advanced in coming years.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• The global micro drone market is projected to reach US$ 16,057.0 million by 2033.
• The market witnessed 14.3% CAGR between 2018 and 2022.
• 2-5 kg micro drone in payload segment dominates the market with 48.2% market share in 2023.
• Under sales channel, offline channel micro drone dominates the market and are valued at US$ 2,611.8 million in 2023.
• Based on region, demand for micro drone expected to increase at CAGR of 17.9% in East Asia during the forecast period.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The top manufacturers of micro drones are constantly developing innovative product designs to meet the modern challenges associated with component placement in harsh environments. Some prominent players have adopted competitive pricing strategies in the micro drone market. The company has built constructive partnerships and collaborations with governments and end-user industries.

High demand for modern drones and accessories allows market participants to expand their product range. Market participants are concentrating resources and capital on research and development while looking to expand their regional footprint.

Fact.MR has provided detailed information about the price points of key manufacturers of micro drone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• The Boeing company
• Bae systems Inc.
• Da-jiang innovations science and technology co. Ltd.
• Aerovironment Inc.
• Thales group
• Financial highlights
• Microdrones GmbH
• Saab ab
• Parrot SA
• 3D robotics Inc.
• Textron Inc.
• Lockheed Martin Corporation
• Elbit systems ltd.
• Israel aerospace industries ltd.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

Micro drones can be easily deployed, can fly anywhere, can operate at night, and can conduct stealth operations. These benefits have prompted governments all over the world to invest in the acquisition and development of numerous micro drones. The security of important institutions has significantly increased due to sophisticated access control and video surveillance systems.

In large cities, micro drones are used to observe gatherings and events. Additionally, a number of government organisations have imposed stringent rules and regulations regarding the placement of micro drones in high-risk areas. During the anticipated period, these factors can help the global micro drone market grow.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7897?PS

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐢𝐜𝐫𝐨 𝐃𝐫𝐨𝐧𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Wing type :

Fixed Wing
Rotary Wing
Hybrid Wing
By Payload :
less than 2 kg
2-5 kg
Above 5 kg

By Sales Channel :

Online Sales
Direct to customer
Third-Party Online
Offline Sales
Modern Trade Channels
Electronic Stores
Franchised Store
Independent Stores
Others

By End Use Industry :

Agriculture & Forestry
Delivery & Logistics
Media & Entertainment
Construction & Mining
Oil & Gas
Security & Law Enforcement
Recreational Activity
Others

By Region :

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East and Africa (MEA)

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐎𝐟𝐟𝐞𝐫

Fact.MR, in its new offering, presents an unbiased analysis of the global micro drone market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of
Wing Type, (fixed wing, rotary wing, hybrid wing), Payload (less than 2 kg, 2-5 kg, above 5 kg), Sales Channel, (online sales, (direct to customer, third party) online, offline sales ((modern trade channels, electronic stores, (franchised store, independent stores), others)), End Use Industry, (agriculture & forestry, delivery & logistics, media & entertainment, construction & mining, oil & gas, security & law enforcement, recreational activity, others) and across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.