Small Drones Market Size, Share, Demand, Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Small Drones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global small drones market size reached US$ 10.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.2 Billion by 2028, exhibiting a growth rate (CAGR) of 15% during 2023-2028.

Small drones, often referred to as miniature unmanned aerial vehicles (UAVs), are customized for remote piloting or flight based on predefined flight plans. They can be broadly classified into two categories: nano drones and micro drones, featuring fixed, rotary, or hybrid wings. Small drones have a wide range of applications, including aerial photography, surveillance, three-dimensional (3D) mapping, scientific research, inspection, media coverage, precision agriculture, and remote sensing. These drones are known for their cost-effectiveness, lightweight design, ease of operation, and suitability for indoor use or in challenging, inaccessible areas when compared to their conventional counterparts. As a result, small drones are extensively employed in various industries, including agriculture, media and entertainment, defense, government, aerospace, e-commerce, construction, and more.

Request a free sample brochure: https://www.imarcgroup.com/small-drones-market/requestsample

Small Drones Market Trends and Drivers:

The increasing product demand from the military and defense industry across the globe for surveillance, reconnaissance, intelligence gathering, battle damage management, and counter-terrorism operations is primarily driving the small drones market. In line with this, the escalating need from the law enforcement segments, such as firefighting, traffic monitoring, border management, disaster management, maritime security, and rescue operation, is also positively influencing the market growth. Moreover, the introduction of artificial intelligence (AI)-based small drones integrated with automation capabilities, enhanced power management systems, and improved maneuverability and the launch of light detection and ranging (LIDAR) technology that is designed to collect data and make detailed three-dimensional (3D) models for various businesses are acting as significant growth-inducing factors. Besides this, the growing usage of air logistics services in several industries and the elevating research and development (R&D) activities to improve the operational life of the device are anticipated to propel the small drones market over the forecasted period.

Who are the key players operating in the industry?

Aerovironment Inc.
Autel Robotics
Delair
Elbit Systems Ltd.
Israel Aerospace Industries
Lockheed Martin Corporation
Microdrones GmbH
Raytheon Technologies Corporation
SZ DJI Technology Co. Ltd.
Teledyne FLIR LLC
Textron Inc. and Thales Group.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Size:

Nano Drones
Micro Drones

Breakup by Type:

Fixed Wing
Rotary Wing

Breakup by Application:

Military and Defense
Consumer
Consumer and Civil

Breakup By Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: [email protected]

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Tags: Small Drones Market