PUBLISHER: IMARC | PRODUCT CODE: 1370466
PUBLISHER: IMARC | PRODUCT CODE: 1370466
Small Drones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
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 are miniature unmanned aerial vehicles (UAVs) that can be remotely piloted or flown autonomously using a predetermined flight plan. They include nano and micro drones with fixed, rotary, or hybrid wings. Small drones are widely used in aerial photography, three-dimensional (3D) mapping, surveillance, scientific research, inspection, precision agriculture, media coverage, and remote sensing applications. As compared to traditional drones, small drones are more cost-effective, lightweight, highly efficient, easy to handle, and safe to operate indoors and across inaccessible areas. As a result, they find extensive applications in the media and entertainment, defense, agriculture, government, aerospace, e-commerce, and construction industries.
Small Drones Market Trends:
The widespread product utilization in the military and defense industry across the globe is creating a positive outlook for the market. Small drones are widely used for surveillance, reconnaissance, intelligence gathering, battle damage management, and counter-terrorism operations. Furthermore, increasing product demand for law and enforcement applications, such as traffic monitoring, border management, firefighting, disaster management, maritime security, and rescue operation, is providing a considerable boost to market growth. Additionally, the development of artificial intelligence (AI)-based small drones with automation capabilities, improved power management, and enhanced maneuverability is providing an impetus to market growth. In line with this, the introduction of light detection and ranging (LIDAR) technology that collects data and is used to make detailed three-dimensional (3D) models for several industries is positively influencing the market growth. Other factors, including widespread product adoption in air logistics services, increasing utilization of small drones for recreational activities, rising demand in scientific exploration projects, and extensive research and development (R&D) activities to enhance the cost-effectiveness and operational life of the device, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global small drones market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on size, type and application.
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report:
- How has the global small drones market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global small drones market?
- What are the key regional markets?
- What is the breakup of the market based on the size?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global small drones market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Small Drones Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Size
- 6.1 Nano Drones
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Micro Drones
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Type
- 7.1 Fixed Wing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rotary Wing
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Military and Defense
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Consumer
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Consumer and Civil
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Aerovironment Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Autel Robotics
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Delair
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Elbit Systems Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Israel Aerospace Industries
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Lockheed Martin Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Microdrones GmbH
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Raytheon Technologies Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 SZ DJI Technology Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Teledyne FLIR LLC
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Textron Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Thales Group
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Aerovironment Inc.
List of Figures
- Figure 1: Global: Small Drones Market: Major Drivers and Challenges
- Figure 2: Global: Small Drones Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Small Drones Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Small Drones Market: Breakup by Size (in %), 2022
- Figure 5: Global: Small Drones Market: Breakup by Type (in %), 2022
- Figure 6: Global: Small Drones Market: Breakup by Application (in %), 2022
- Figure 7: Global: Small Drones Market: Breakup by Region (in %), 2022
- Figure 8: Global: Small Drones (Nano Drones) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Small Drones (Nano Drones) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Small Drones (Micro Drones) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Small Drones (Micro Drones) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Small Drones (Fixed Wing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Small Drones (Fixed Wing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Small Drones (Rotary Wing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Small Drones (Rotary Wing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Small Drones (Military and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Small Drones (Military and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Small Drones (Consumer) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Small Drones (Consumer) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Small Drones (Consumer and Civil) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Small Drones (Consumer and Civil) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: United States: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: United States: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Canada: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Canada: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Asia-Pacific: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Asia-Pacific: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: China: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: China: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Japan: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Japan: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: India: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: India: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: South Korea: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: South Korea: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Australia: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Australia: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Indonesia: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Indonesia: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Others: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Others: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Europe: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Europe: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Germany: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Germany: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: France: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: France: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United Kingdom: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United Kingdom: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Italy: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Italy: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Spain: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Spain: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Russia: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Russia: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Latin America: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Latin America: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Brazil: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Brazil: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Mexico: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Mexico: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Middle East and Africa: Small Drones Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Middle East and Africa: Small Drones Market: Breakup by Country (in %), 2022
- Figure 70: Middle East and Africa: Small Drones Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Global: Small Drones Industry: SWOT Analysis
- Figure 72: Global: Small Drones Industry: Value Chain Analysis
- Figure 73: Global: Small Drones Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Small Drones Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Small Drones Market Forecast: Breakup by Size (in Million US$), 2023-2028
- Table 3: Global: Small Drones Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Small Drones Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Small Drones Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Small Drones Market: Competitive Structure
- Table 7: Global: Small Drones Market: Key Players
