Global Small Drones Market 2024-2028

Global Small Drones Market 2024-2028


Global Small Drones Market 2024-2028

The small drones market is forecasted to grow by USD 15607 mn during 2023-2028, accelerating at a CAGR of 20.62% during the forecast period. The report on the small drones market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increases operational efficiency, rise in funding for UAV manufacturers, and increase in legal acceptance of drone operations for commercial applications.

Technavio's small drones market is segmented as below:
  • By Type
  • Rotary wing
  • Fixed wing
  • Hybrid wing
  • By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the increase in demand for improved surveillance as one of the prime reasons driving the small drones market growth during the next few years. Also, growing number of acquisitions and partnerships and technological advances in drones will lead to sizable demand in the market.

The report on the small drones market covers the following areas:
  • Small drones market sizing
  • Small drones market forecast
  • Small drones market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading small drones market vendors that include Aeronautics Ltd., AeroVironment Inc., Autel Intelligent Technology Co., BAE Systems PLC, Elbit Systems Ltd., Holy Stone, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Microdrones GmbH, Northrop Grumman Corp., Parrot Drones SAS, PrecisionHawk Inc., RTX Corp., Saab AB, Shenzhen Hubsan Technology Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, and Turkish Aerospace Industries Inc.. Also, the small drones market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Small Drones Market 2018 - 2022
Historic Market Size - Data Table on Global Small Drones Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Rotary wing - Market size and forecast 2023-2028
Chart on Rotary wing - Market size and forecast 2023-2028 ($ million)
Data Table on Rotary wing - Market size and forecast 2023-2028 ($ million)
Chart on Rotary wing - Year-over-year growth 2023-2028 (%)
Data Table on Rotary wing - Year-over-year growth 2023-2028 (%)
6.4 Fixed wing - Market size and forecast 2023-2028
Chart on Fixed wing - Market size and forecast 2023-2028 ($ million)
Data Table on Fixed wing - Market size and forecast 2023-2028 ($ million)
Chart on Fixed wing - Year-over-year growth 2023-2028 (%)
Data Table on Fixed wing - Year-over-year growth 2023-2028 (%)
6.5 Hybrid wing - Market size and forecast 2023-2028
Chart on Hybrid wing - Market size and forecast 2023-2028 ($ million)
Data Table on Hybrid wing - Market size and forecast 2023-2028 ($ million)
Chart on Hybrid wing - Year-over-year growth 2023-2028 (%)
Data Table on Hybrid wing - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
8.11 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.12 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 AeroVironment Inc.
AeroVironment Inc. - Overview
AeroVironment Inc. - Business segments
AeroVironment Inc. - Key news
AeroVironment Inc. - Key offerings
AeroVironment Inc. - Segment focus
11.4 Elbit Systems Ltd.
Elbit Systems Ltd. - Overview
Elbit Systems Ltd. - Product / Service
Elbit Systems Ltd. - Key news
Elbit Systems Ltd. - Key offerings
11.5 Israel Aerospace Industries Ltd.
Israel Aerospace Industries Ltd. - Overview
Israel Aerospace Industries Ltd. - Product / Service
Israel Aerospace Industries Ltd. - Key news
Israel Aerospace Industries Ltd. - Key offerings
11.6 Lockheed Martin Corp.
Lockheed Martin Corp. - Overview
Lockheed Martin Corp. - Business segments
Lockheed Martin Corp. - Key news
Lockheed Martin Corp. - Key offerings
Lockheed Martin Corp. - Segment focus
11.7 Northrop Grumman Corp.
Northrop Grumman Corp. - Overview
Northrop Grumman Corp. - Business segments
Northrop Grumman Corp. - Key news
Northrop Grumman Corp. - Key offerings
Northrop Grumman Corp. - Segment focus
11.8 Parrot Drones SAS
Parrot Drones SAS - Overview
Parrot Drones SAS - Product / Service
Parrot Drones SAS - Key offerings
11.9 RTX Corp.
RTX Corp. - Overview
RTX Corp. - Business segments
RTX Corp. - Key news
RTX Corp. - Key offerings
RTX Corp. - Segment focus
11.10 SZ DJI Technology Co. Ltd.
SZ DJI Technology Co. Ltd. - Overview
SZ DJI Technology Co. Ltd. - Product / Service
SZ DJI Technology Co. Ltd. - Key news
SZ DJI Technology Co. Ltd. - Key offerings
11.11 Teledyne Technologies Inc.
Teledyne Technologies Inc. - Overview
Teledyne Technologies Inc. - Business segments
Teledyne Technologies Inc. - Key news
Teledyne Technologies Inc. - Key offerings
Teledyne Technologies Inc. - Segment focus
11.12 Thales Group
Thales Group - Overview
Thales Group - Business segments
Thales Group - Key news
Thales Group - Key offerings
Thales Group - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Small Drones Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Rotary wing - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Rotary wing - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Rotary wing - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Rotary wing - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Fixed wing - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Fixed wing - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Fixed wing - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Fixed wing - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Hybrid wing - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Hybrid wing - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Hybrid wing - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Hybrid wing - Year-over-year growth 2023-2028 (%)
Exhibits46: Market opportunity by Type ($ million)
Exhibits47: Data Table on Market opportunity by Type ($ million)
Exhibits48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits51: Chart on Geographic comparison
Exhibits52: Data Table on Geographic comparison
Exhibits53: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits93: Market opportunity By Geographical Landscape ($ million)
Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits95: Impact of drivers and challenges in 2023 and 2028
Exhibits96: Overview on criticality of inputs and factors of differentiation
Exhibits97: Overview on factors of disruption
Exhibits98: Impact of key risks on business
Exhibits99: Companies covered
Exhibits100: Matrix on companies position and classification
Exhibits101: AeroVironment Inc. - Overview
Exhibits102: AeroVironment Inc. - Business segments
Exhibits103: AeroVironment Inc. - Key news
Exhibits104: AeroVironment Inc. - Key offerings
Exhibits105: AeroVironment Inc. - Segment focus
Exhibits106: Elbit Systems Ltd. - Overview
Exhibits107: Elbit Systems Ltd. - Product / Service
Exhibits108: Elbit Systems Ltd. - Key news
Exhibits109: Elbit Systems Ltd. - Key offerings
Exhibits110: Israel Aerospace Industries Ltd. - Overview
Exhibits111: Israel Aerospace Industries Ltd. - Product / Service
Exhibits112: Israel Aerospace Industries Ltd. - Key news
Exhibits113: Israel Aerospace Industries Ltd. - Key offerings
Exhibits114: Lockheed Martin Corp. - Overview
Exhibits115: Lockheed Martin Corp. - Business segments
Exhibits116: Lockheed Martin Corp. - Key news
Exhibits117: Lockheed Martin Corp. - Key offerings
Exhibits118: Lockheed Martin Corp. - Segment focus
Exhibits119: Northrop Grumman Corp. - Overview
Exhibits120: Northrop Grumman Corp. - Business segments
Exhibits121: Northrop Grumman Corp. - Key news
Exhibits122: Northrop Grumman Corp. - Key offerings
Exhibits123: Northrop Grumman Corp. - Segment focus
Exhibits124: Parrot Drones SAS - Overview
Exhibits125: Parrot Drones SAS - Product / Service
Exhibits126: Parrot Drones SAS - Key offerings
Exhibits127: RTX Corp. - Overview
Exhibits128: RTX Corp. - Business segments
Exhibits129: RTX Corp. - Key news
Exhibits130: RTX Corp. - Key offerings
Exhibits131: RTX Corp. - Segment focus
Exhibits132: SZ DJI Technology Co. Ltd. - Overview
Exhibits133: SZ DJI Technology Co. Ltd. - Product / Service
Exhibits134: SZ DJI Technology Co. Ltd. - Key news
Exhibits135: SZ DJI Technology Co. Ltd. - Key offerings
Exhibits136: Teledyne Technologies Inc. - Overview
Exhibits137: Teledyne Technologies Inc. - Business segments
Exhibits138: Teledyne Technologies Inc. - Key news
Exhibits139: Teledyne Technologies Inc. - Key offerings
Exhibits140: Teledyne Technologies Inc. - Segment focus
Exhibits141: Thales Group - Overview
Exhibits142: Thales Group - Business segments
Exhibits143: Thales Group - Key news
Exhibits144: Thales Group - Key offerings
Exhibits145: Thales Group - Segment focus
Exhibits146: Inclusions checklist
Exhibits147: Exclusions checklist
Exhibits148: Currency conversion rates for US$
Exhibits149: Research methodology
Exhibits150: Information sources
Exhibits151: Data validation
Exhibits152: Validation techniques employed for market sizing
Exhibits153: Data synthesis
Exhibits154: 360 degree market analysis
Exhibits155: List of abbreviations

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