The global Small Drones market was valued at 573.66 Million USD in 2021 and will grow with a CAGR of 12.68% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Small Drones are classified based on their size; they are small enough to be carried and operated by a single person. Small Drones can be hand-launched, and can have vertical take-off and landing (VTOL), or short take-off and landing (STOL) capabilities. A majority of the small Drones are either electric-powered or solar-powered. The Asia-Pacific region is expected to exhibit the highest growth rate in the small drones market, and is projected to grow at a highest CAGR during the forecast period from 2018 to 2023. The Asia-Pacific market is expected to grow at the highest CAGR, because several Asia-Pacific countries such as India, China, Australia, South Korea, and others have focused production of small drones for commercial and defense purposes, such as crop monitoring, logistics, reconnaissance and surveillance, among others.

By Market Verdors:

DJI

Parrot

AscTec

Xaircraft

Microdrones

AeroVironment

Yamaha

Draganflyer

Elbit Systems

Financial Highlights

Lockheed Martin

Israel Aerospace Industries

BAE Systems

Boeing Company

SAAB

Textron

By Types:

Lithium Ion Battery

Solar

Hydrogen Cell

Fuel Cell

Hybrid

Fixed Wing

Rotary Wing

Others

By Applications:

Commercial

Defense

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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