Depending on application, the commercial segment is anticipated to exhibit significant growth in future.
โ Allied Market Research
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, May 6, 2024 /EINPresswire.com/ — This ๐๐ฆ๐๐ฅ๐ฅ ๐๐ซ๐จ๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ report offers an in-depth assessment of the major players in the global small drones market. They have taken various strategies, including the launch of new products, collaborations, expansions, joint ventures, and agreements, to gain their foothold in the market and remain dominant in various regions. The report serves to emphasize the competitive dynamics of the market, as well as the performance of the business, the top segments, the product portfolio, and the strategic moves of market participants.Small drones market was valued at $7.44 billion in 2020, and is projected to reach $24.29 billion in 2030, registering a CAGR of 13.16%.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/2312
North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. The U.S. dominated the global small drones market share in North America in 2020, owing to surge in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making reliable, precise, & efficient small drones. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in adoption of small drones across several Asian nations, for instance, China, India, Japan, and South Korea.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
3DR
AeroVironment Inc.
Autel Robotics
BAE Systems Plc.
DJI Technology
Husban
Elbit Systems Ltd.
Parrot SA
SkyDio
Teledyne FLIR LLC.
Depending on application, the small drones market is fragmented into commercial, defense, and recreational. The recreational segment was the highest revenue contributor in 2020, owing to high demand for recreational small drones, which are used by thousands of customers throughout the world.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/cdca392f7ae14d42fe8e1baf1bd05ea9
By size, the small drones market is segregated into nano drones and micro drones. The micro drones segment accounted for the highest revenue in 2020, owing to high capabilities of small drones that are being deployed for numerous commercial and defense applications throughout the world.
By type, the rotary wing segment garnered the largest share in 2020, holding more than 90% of the global small drones market revenue, and is projected to maintain its leadership status throughout the forecast timeframe. This is because rotary wing drones are in large demand for a variety of industrial applications across the world. On the other hand, the fixed wing segment is estimated to exhibit the fastest CAGR of 15.6% during the forecast period. This is due to there has been an increase in demand for high-flight range aircraft.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
By region, North America held the major market share in 2020, accounting for more than one-third of the global small drones market revenue, and is anticipated to dominate the market by 2030. This is due to a significant increase in research and development, technological advancement by leading players, and the rapid adoption of advanced technologies in the production of dependable, accurate, and efficient small unmanned aerial vehicles. Simultaneously, the Asia-Pacific region would portray the fastest CAGR of 14.9% from 2021 to 2030. The usage of unmanned aerial vehicles (UAVs) for surveillance and leisure activities is on the rise in specific nations, including China, India, and Japan.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/2312
On the basis of type, the market is segmented into fixed wing and rotary wing. The rotary wing segment garnered the highest revenue in 2020, owing to high demand for rotary wing drones across numerous industry applications worldwide.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By size, the nano drones segment is expected to register a significant growth during the forecast period.
On the basis of type, the fixed wing segment is anticipated to exhibit significant growth in future.
Depending on application, the commercial segment is anticipated to exhibit significant growth in future.
Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Anti-Drone Market – https://www.prnewswire.com/news-releases/anti-drone-market-to-reach-14-6-billion-globally-by-2031-at-27-9-cagr-allied-market-research-301737469.html
Drone Payload Market – https://www.prnewswire.com/news-releases/drone-payload-market-to-garner-33-3-bn-globally-by-2030-at-16-9-cagr-allied-market-research-301542528.html
Tethered Drone Market – https://www.globenewswire.com/en/news-release/2023/11/07/2775451/0/en/Tethered-Drone-Market-to-Value-at-404-9-Million-by-2031-with-4-9-CAGR-States-Allied-Market-Research.html
Satellite Payload Market – https://www.globenewswire.com/en/news-release/2023/10/23/2764395/0/en/Satellite-Payload-Market-to-Generate-17-6-Billion-by-2030-with-8-3-CAGR-states-Allied-Market-Research.html
David Correa
Allied Market Research
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Originally published at https://www.einpresswire.com/article/709197978/small-drones-market-size-is-projected-to-reach-24-29-billion-by-2030-3dr-aerovironment-inc-autel-robotics