Press release
Nano UAV Global Market Expected to Grow $5.35 Billion at a Surprising CAGR of 28.4% By 2028 | The Boeing Company, Intel Corporation, Thales Group, Textron Inc., Saab AB
Nano UAV Global Market
The nano UAV market size is expected to see exponential growth in the next few years. It will grow to $5.35 billion in 2028 at a compound annual growth rate (CAGR) of 28.4%. The growth in the forecast period can be attributed to commercial applications, surveillance for critical infrastructure, emergency response and healthcare, smart cities and urban planning, environmental monitoring. Major trends in the forecast period include autonomous systems integration, miniaturization and payload innovation, increased commercial adoption, swarm technology, energy efficiency and extended endurance.
Market Overview -
Nano UAVs (unmanned aerial vehicles) refer to small, lightweight, and often compact UAVs that are designed for various applications, including reconnaissance, surveillance, data collection, and monitoring in environments where larger drones or traditional aircraft may not be practical or feasible. They are typically less than 15 cm in size and weigh less than 100 grams, and they are used for search and rescue missions due to their ease of maneuvering in challenging terrain and confined areas.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14145&type=smp
Boosting Nano UAV Growth Through Increased Defense Budget Allocation
The increase in the defense budget is expected to propel the growth of the nano UAV market going forward. A defense budget refers to the portion of a government's overall budget allocated specifically for defense and military-related expenditures. A higher defense budget often leads to increased procurement of military equipment, including UAVs. Nano UAV manufacturers may benefit from government contracts and orders for these smaller unmanned systems to support various defense operations, intelligence gathering, surveillance, reconnaissance, and target acquisition missions. For instance, in April 2023, according to the Stockholm International Peace Research Institute, a Sweden-based institute and independent resource on global security, world military expenditure increased by 3.7% in real terms in 2022 to reach a record high of $2,240 billion. Military expenditure in Europe rose by 13% during the year. US military spending also increased by 8.8% in nominal terms between 2021 and 2022, but real spending increased by 0.7% over that same time due to an 8.1% inflation rate. Therefore, the increase in the defense budget is driving the growth of the nano UAV market.
Competitive Landscape -
Major companies operating in the nano uav market are The Boeing Company, Lockheed Martin Corporation, Intel Corporation, Northrop Grumman Corporation, Thales Group, Textron Inc., Elbit Systems Ltd., Teledyne Technologies Inc., Saab AB, Israel Aerospace Industries Ltd., DJI (Dà-Jiāng Innovations) Technology Co. Ltd., AeroVironment Inc., Yuneec International Co. Ltd., Parrot SA, Microdrones GmbH, 3DR (3D Robotics), senseFly Ltd., Flyability SA, Delair Tech SAS, PrecisionHawk Inc., Aeryon Labs Inc., Kespry Inc., Nimbus Maps Ltd., Altavian Inc., Quantum Systems GmbH
4K Nano Drones Transforming The Nano UAV Market
Major companies operating in the nano UAV market are developing new products, such as 4K nano drones, to gain a competitive edge in the market. 4K nano drones typically refer to small-sized unmanned aerial vehicles (UAVs) equipped with 4K resolution cameras for recording high-quality video. For instance, in January 2024, IZI, an India-based consumer electronics company, launched the MINI X drone. The MINI X boasts a lightweight design at 249 grams and features a premium CMOS sensor for capturing stunning 20MP images and smooth videos. With a 4 km live video transmission range, precise navigation enabled by GPS/GLONASS (Global Positioning System/Global Navigation Satellite System) technology, and versatile flight modes, the MINI X provides professional-grade aerial photography and videography capabilities. The drone is available in Standalone and Fly More Combo versions, offering extended flight time, multiple batteries, and user-friendly operation. The MINI X is controlled through a mobile device using the IZI Sky Eye App.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/nano-uav-global-market-report
Key Segments -
The nano UAV market covered in this report is segmented -
1) By Product Type: Fixed Wing, Rotary Wine, Other Products
2) By Class Type: Small Unmanned Aerial Vehicle (UAV), Tactical Unmanned Aerial Vehicle (UAV), Strategic Unmanned Aerial Vehicle (UAV), Special Purpose Unmanned Aerial Vehicle (UAV)
3) By Propulsion System: Hydrogen Cell, Solar Cell, Lithium-Ion
4) By Application: Civil and Commercial, Military, Homeland Security, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
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 Nano UAV Global Market Expected to Grow $5.35 Billion at a Surprising CAGR of 28.4% By 2028 | The Boeing Company, Intel Corporation, Thales Group, Textron Inc., Saab AB here
News-ID: 3461039 • Views: …
More Releases from The Business research company
Key Factors and Emerging Trends Shaping the Textured Vegetable Protein Market La …
The textured vegetable protein sector is poised for remarkable growth as the global market shifts increasingly toward plant-based nutrition. With rising consumer demand for sustainable and clean-label protein options, innovations and expanding applications are driving this market forward. Let's explore the current market size, key players, emerging trends, and leading segments shaping the future of textured vegetable protein.
Projected Expansion of the Textured Vegetable Protein Market Size by 2030
The…
Analysis of Segments and Major Growth Areas in the Tea Extracts Market
The tea extracts market is gaining considerable traction as consumers increasingly seek natural health products and wellness solutions. With innovations in extraction methods and growing interest across multiple industries, this sector is set for notable expansion in the coming years. Let's explore the current market size, leading companies, emerging trends, and detailed segmentation that define the tea extracts landscape.
Projected Market Size and Growth of the Tea Extracts Market
The…
Emerging Growth Patterns Driving Expansion in the Syrup, Seasoning, Oils, and Ge …
The syrup, seasoning, oils, and general food market is poised for impressive expansion in the coming years, driven by evolving consumer preferences and innovative product developments. This sector is seeing a surge in demand fueled by healthy and sustainable trends, alongside rapid growth in digital shopping platforms. Below, we delve into the market's expected size, key players, current trends, and important segments shaping its future.
Projected Market Size and Growth Trajectory…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Suga …
The market for sugar-free cookies is gaining momentum as consumers become more health-conscious and seek alternatives to traditional baked goods. With growing interest in functional snacks and innovative sugar substitutes, this sector is poised for substantial expansion in the years ahead. Below, we explore the market size, key players, trends, and segmentation that define the sugar-free cookies industry.
Projected Market Size and Growth Trajectory in the Sugar-Free Cookies Market
The…
More Releases for UAV
Uav Autopilot Market
According to Market Research Intellect, the global Uav Autopilot market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The UAV autopilot market is experiencing robust growth, driven by increasing demand for autonomous drones across commercial, defense, and…
Tactile UAV Market
How Big Is the Tactile UAV Market?
The global tactical UAV market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028.
What is Tactile UAV?
Tactile unmanned aerial vehicles (UAVs) represent heavier protective devices that are used to detect tanks and armored personnel carriers and mitigate risks. Short, close, long, medium-range, endurance,…
UAV Propulsion System Market Survey Report 2023 Along with Statistics, Forecasts …
The report is designed to provide a holistic view of the UAV Propulsion System Market market 2023 to 2030. Several vital aspects are discussed in this UAV Propulsion System Market report in terms of growing business and resulting market revenues. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Business players can easily make a gainful decision by understanding the data provided in…
Modular Type Electric Helicopter UAV and Hexacopter UAV | PRENEU
PRENEU Co., Ltd. is a leading drone manufacturer in Korea that provides innovative drone systems and services through the convergence of H/W manufacturing technology and S/W development technology for drones and aviation with key IT technology.
PRENEW's Modular Type Electric Helicopter UAV/RUEPEL
PRENEW's UAV Helicopter with the name of RUEPEL provides special mission services such as search and rescue using UAV functions in areas with harsh environmental conditions, such…
Counter-UAV (C-UAV) Systems Market 2021 | Detailed Report
The Counter-UAV (C-UAV) Systems research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Counter-UAV…
New Visiongain Report: Counter-UAV (C-UAV) Market Report 2019-2029
• Do you need definitive counter UAV market data?
• Succinct counter UAV market analysis?
• Technological insight?
• Clear competitor analysis?
• Actionable business recommendations?
Read on to discover how this definitive report can transform your own research and save you time.
Purchase full report or download free sample pages: https://www.visiongain.com/report/counter-uav-c-uav-market-report-2019-2029/
The recent developments in counter UAV systems by type, platform and technology has led Visiongain to publish this timely report. The $ 1.3 billion counter…
