Global Small Drones Market is Expected to Reach $14.71 billion by 2023

Report Sellers has added a new market research report “Small Drones - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Small Drones market is estimated at $6.76 billion in 2016 and is expected to reach $14.71 billion by 2023 growing at a CAGR of 12.4% from 2016 to 2023. Increasing demand in commercial applications and rising demand for actionable intelligence are the major factors propelling the market growth. Whereas privacy concerns owing to stringent government regulations and lack of professional pilots are the factors hampering the market growth. Controlling accidents of the drones is the major challenging factor for the market.

Based on propulsion system, Lithium-Ion segment holds the largest market share and is expected to move at highest CAGR during forecast period. Aerospace And Defence in industry segment accounted for largest market share owing to the vast applications in military. Asia Pacific is the leading market, and is also anticipated to observe the highest growth. The major reason for the high growth is increasing usage of small drones in this region for crop monitoring, surveillance and logistics. There is huge demand from economies like India, China, South Korea and more.

Some of the key players in the market include 3D Robotics Inc., Aerovironment Inc., BAE Systems, Inc., DA-Jiang Innovations Science and Technology Co., Ltd., ELBIT Systems, Ltd., Financial Highlights, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Microdrones GmbH, Parrot SA, SAAB AB, Skycatch Inc., Textron Inc., Thales Group and The Boeing Company.

Browse through the complete description and in-depth TOC on “Global Small Drones Market”
https://www.reportsellers.com/market-research-report/Small-Drones---Global-Market-Outlook-2017-2023            

What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Small Drones Market has been segmented by actuating mechanisms covered, propulsion systems covered, frames covered, sizes covered, altitudes covered, types covered, class covered, payloads covered, materials covered, industries covered and regions covered

Actuating Mechanisms Covered:
Servo Motors
Electric Motors

Propulsion Systems Covered:
Fuel Cell
Hybrid Cell
Hydrogen
Lithium-Ion
Solar Cell

Frames Covered:
Hexacopter
Octacopter
Quadcopter
Tricopter

Sizes Covered:
Nano Small Drones
Mini Small Drones
Micro Small Drones

Altitudes Covered:
High Altitude
Low Altitude
Medium Altitude

Types Covered:
Rotary Wing
Fixed Wing
Other Types

Class Covered:
Class 3
Class 2
Class 1

Payloads Covered:
Cameras
NBC Detection System
Sensors
Synthetic Aperture Radar (SAR)
Telemetry System
Video screen
Other Payloads

Materials Covered:
Aluminium
Iron Alloys
Plastics
Wood

Industries Covered:
Agriculture
Automobile
Delivery Centres
Disaster And Relief Operations
Imaging
Mining
Oil & Gas
Surveillance And Monitoring
Aerospace And Defence 
Other Industries

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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