Small Drones Market Size Sets New Record, Projected at USD 24.29 billion by 2030

This Small Drones Market 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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/2312

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.

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.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

• 3DR
• AeroVironment Inc.
• Autel Robotics
• BAE Systems Plc.
• DJI Technology
• Husban
• Elbit Systems Ltd.
• Parrot SA
• SkyDio
• Teledyne FLIR LLC.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/abffa0df787137314b0dbca4f54ea5bf

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.

Prime Factors Influencing the Growth:

The global small drones market is experiencing growth due to the increase in demand for enhanced surveillance, and improved operational efficiency. On the other hand, strict drone regulations limit the market growth. Moreover, the developments in drone technologies bring remunerative new opportunities in the coming years.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

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.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/2312

By application, the recreational segment held the major market share in 2020, contributed to nearly half of the global small drones market revenue, and is expected to retain its lion's share throughout the forecast period. The growth is attributed to the high demand for recreational services like videography, photography, and delivery. On the other hand, the commercial segment is projected to display the fastest CAGR of 14.2% during the forecast timeframe. This is due to the increase in the number of deployments to enhance the performance of various commercial applications.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

• 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.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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

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

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