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.