What are you looking for?

Need help finding what you are looking for? Contact Us

Compare

Free Samples

Home Market Research Reports Aerospace & Defense

Aviation & Aerospace UAV

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210961

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210961

Global Multirotor Drone Market Size study & Forecast, by Type, by Payload, by Application, by End-Use and Regional Analysis, 2022-2029

PUBLISHED: January 25, 2023

PAGES:

DELIVERY TIME: 2-3 business days

ADD TO COMPARE

SELECT AN OPTION

Global Multirotor Drone Market is valued at approximately USD 1.86 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.1% over the forecast period 2022-2029. Multirotor Drone is a type of Unmanned aerial Vehicle that uses more than two rotors with fixed pitch spinning blades to generate the required lift. These drones work on the principle of a helicopter. These are available in different rotor options including tricopters (3 rotors), quadcopters (4 rotors), hexacopters (6 rotors), and octocopters (8 rotors). Multirotor drones offer several advantages such as high maneuverability and easy landing & takeoff among others. The increasing application of drones in Mapping and Surveying activities and growing non-military applications of drones as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing utilization of multirotor drones in construction sectors for mapping and surveying applications has created lucrative demand for multirotor drones. For instance, as per Statista - in 2021, the commercial drone market worldwide was estimated at USD 27.81 billion, and the market is projected to grow to USD 58.4 billion by 2026. Also, rising advancements in drone technology and growing expansion of agriculture sector would create lucrative opportunities for the market over the forecast period. However, the high cost of Multirotor Drone and low flying time impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Multirotor Drone Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of leading market players and increasing utilization of drones across different industries such as agriculture, construction etc. in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for multirotor drones from content creators and increasing application of drones in nonmilitary applications in the region.

Major market players included in this report are:

Aero Systems West Inc.

AeroVironment Inc.

Australian UAV Pty Ltd

Autel Robotics

Centeye, Inc.

Cyberhawk Innovations Ltd.

DJI Innovations

Draganfly Inc.

Embention

ideaForge Technology Pvt. Ltd.

Recent Developments in the Market:

In June 2022, Tel Aviv, Israel based SpearUAV unveiled its Ninox 103 UW Sub-to-Air encapsulated autonomous quadcopter drone. This new drone can be launched from a submarine as well.

Global Multirotor Drone Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Payload, Application End-Use, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Tricopters

Quadcopters

Hexacopters

Octocopters

By Payload

Camera and Imaging Systems

Control Systems

Tracking Systems

Others

By Application

Mapping and Surveying

Surveillance, Inspection, and Monitoring

Aerial Photography

Others

By End-Use

Commercial

Military and Government

Consumer

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Multirotor Drone Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Multirotor Drone Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Multirotor Drone Market, by Payload, 2019-2029 (USD Billion)
- 1.2.4. Multirotor Drone Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Multirotor Drone Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Multirotor Drone Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Multirotor Drone Market Dynamics

3.1. Multirotor Drone Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing application of drones in Mapping and Surveying activities
  - 3.1.1.2. Growing non-military applications of drones
  - 3.1.1.3. Strategic initiatives from leading market players
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Multirotor Drone
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing advancements in drone technology
  - 3.1.3.2. Rising expansion of agriculture sector

Chapter 4. Global Multirotor Drone Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Multirotor Drone Market, by Type

6.1. Market Snapshot
6.2. Global Multirotor Drone Market by Type, Performance - Potential Analysis
6.3. Global Multirotor Drone Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Multirotor Drone Market, Sub Segment Analysis
- 6.4.1. Hexacopters
- 6.4.2. Tricopters
- 6.4.3. Quadcopters
- 6.4.4. Octocopters

Chapter 7. Global Multirotor Drone Market, by Payload

7.1. Market Snapshot
7.2. Global Multirotor Drone Market by Payload, Performance - Potential Analysis
7.3. Global Multirotor Drone Market Estimates & Forecasts by Payload 2019-2029 (USD Billion)
7.4. Multirotor Drone Market, Sub Segment Analysis
- 7.4.1. Camera and Imaging Systems
- 7.4.2. Control Systems
- 7.4.3. Tracking Systems
- 7.4.4. Others

Chapter 8. Global Multirotor Drone Market, by Application

8.1. Market Snapshot
8.2. Global Multirotor Drone Market by Application, Performance - Potential Analysis
8.3. Global Multirotor Drone Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Multirotor Drone Market, Sub Segment Analysis
- 8.4.1. Mapping and Surveying
- 8.4.2. Surveillance, Inspection, and Monitoring
- 8.4.3. Aerial Photography
- 8.4.4. Others

Chapter 9. Global Multirotor Drone Market, by End-use

9.1. Market Snapshot
9.2. Global Multirotor Drone Market by End-use, Performance - Potential Analysis
9.3. Global Multirotor Drone Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
9.4. Multirotor Drone Market, Sub Segment Analysis
- 9.4.1. Commercial
- 9.4.2. Military and Government
- 9.4.3. Consumer

Chapter 10. Global Multirotor Drone Market, Regional Analysis

10.1. Multirotor Drone Market, Regional Market Snapshot
10.2. North America Multirotor Drone Market
- 10.2.1. U.S. Multirotor Drone Market
  - 10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Payload breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End-use breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Multirotor Drone Market
10.3. Europe Multirotor Drone Market Snapshot
- 10.3.1. U.K. Multirotor Drone Market
- 10.3.2. Germany Multirotor Drone Market
- 10.3.3. France Multirotor Drone Market
- 10.3.4. Spain Multirotor Drone Market
- 10.3.5. Italy Multirotor Drone Market
- 10.3.6. Rest of Europe Multirotor Drone Market
10.4. Asia-Pacific Multirotor Drone Market Snapshot
- 10.4.1. China Multirotor Drone Market
- 10.4.2. India Multirotor Drone Market
- 10.4.3. Japan Multirotor Drone Market
- 10.4.4. Australia Multirotor Drone Market
- 10.4.5. South Korea Multirotor Drone Market
- 10.4.6. Rest of Asia Pacific Multirotor Drone Market
10.5. Latin America Multirotor Drone Market Snapshot
- 10.5.1. Brazil Multirotor Drone Market
- 10.5.2. Mexico Multirotor Drone Market
- 10.5.3. Rest of Latin America Multirotor Drone Market
10.6. Rest of The World Multirotor Drone Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Aero Systems West Inc.
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. AeroVironment Inc.
- 11.2.3. Australian UAV Pty Ltd
- 11.2.4. Autel Robotics
- 11.2.5. Centeye, Inc.
- 11.2.6. Cyberhawk Innovations Ltd.
- 11.2.7. DJI Innovations
- 11.2.8. Draganfly Inc.
- 11.2.9. Embention
- 11.2.10. ideaForge Technology Pvt. Ltd.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Multirotor Drone Market, report scope
TABLE 2. Global Multirotor Drone Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Multirotor Drone Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Multirotor Drone Market estimates & forecasts by Payload 2019-2029 (USD Billion)
TABLE 5. Global Multirotor Drone Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Multirotor Drone Market estimates & forecasts by End-use 2019-2029 (USD Billion)
TABLE 7. Global Multirotor Drone Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Multirotor Drone Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Multirotor Drone Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Multirotor Drone Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Multirotor Drone Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Multirotor Drone Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Multirotor Drone Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Multirotor Drone Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Multirotor Drone Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Multirotor Drone Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Multirotor Drone Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Multirotor Drone Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Multirotor Drone Market
TABLE 72. List of primary sources, used in the study of global Multirotor Drone Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered