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2021
Micro Drone Market

Micro Drone Market by Type (Fixed-Wing, Rotary-Wing, and Hybrid or Transitional), Application (Military, Civil & Commercial, Homeland Security, Consumer, and Others), and Weight (Less Than 1 Kg and 1 Kg to 2Kg): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13679
Pages: 290
Sep 2021 | 159 Views
   
Author(s) : Himanshu Joshi , Sonia Mutreja
Tables: 104
Charts: 57
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Micro Drone Market Statistics 2030 -

The global micro drone market was valued at $6,717.4 million in 2020, and is projected to reach $28,910.5 million in 2030, registering a CAGR of 17.2%.    

The rapid spread of COVID-19 had a significant impact on the global micro drone market in 2020, owing to the implementation of strict lockdown measures across the world. COVID-19 pandemic led to several challenges for the micro drone industry such as disruption in the supply chain of raw materials, logistics challenges, and others. On the other hand, the micro drone technology manufacturers had to reduce expansion and R&D investments to withstand the decline in revenue and operating performance of various companies. The challenges in the procurement of micro drones for military, homeland security, and commercial applications were observed throughout the year, and are expected to alleviate in a few years.

Micro drones are small unmanned aerial vehicles (UAVs) that weigh between 250grams and 2Kg. Micro drones can be launched by hand or they takeoff vertically, hence require short or no runways. Micro drones can prove to be highly useful across a wide range of applications such as precision agriculture, assistance to first responders, and safe inspection of crucial infrastructure such as oil and gas pipelines, among others. The government organizations and private agencies are investing heavily in the manufacturing and development of efficient and advanced small drones for both military and commercial sectors. Micro drones are equipped with advanced technologies and have an advantage of cost-effectiveness over other large-sized unmanned aerial vehicles.

Micro-Drone-Market-2021-2030

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The market segmentation is based on type, application, weight, and region. The type segment is further divided into fixed-wing, rotary-wing, and hybrid or transitional. Based on application, the market is segmented into military, civil & commercial, homeland security, consumer, and others. By weight, the market is segmented into less than 1 Kg and 1 kg to 2Kg. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the global micro drone market include 3DR, AeroVironment Inc., Autel Robotics, DJI, Elbit Systems Ltd., Hubsan, Israel Aerospace Industries Ltd., Kespry Inc., senseFly, and Skydio, Inc.

Increased operational efficiency

Micro drones are capable of flying by themselves and gathering information with minimal human intervention, and without a person on board. The usage of micro drones in the defense operations is considerably increasing globally. For instance, in January 2021, European missile group MBDA successfully managed to hit a test target with its new anti-tank missile- Missile Moyenne Portée (MMP), using targeting information gathered by a micro-drone. According to MBDA officials, a French Novadem NX70 micro drone weighing about 1kg was used to detect and identify a tank that was out of the drone operator’s sight. Furthermore, in May 2021, Turkish defense giant Aselsan conducted a successful flight with micro unmanned aerial vehicle (UAV) Saka. According to company officials, the Saka system weighs around 600 grams and utilizes a 3-axis gimbal, and was developed for exploration and surveillance purposes.

Apart from defense, they are also used in film production, news bulletins, and music videos for creating aerial videos. They are also used to inspect and investigate lands. These drones can easily go the places, which are difficult to access by humans and can stay in operation for significantly longer hours. Such features are expected to propel the growth of the global micro drone market during the forecast period. 

Micro Drone Market
By Type

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Rotary Wing is projected as the most lucrative segments

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Increase in demand for improved surveillance

The growth in threat from terrorism and increase in security concerns worldwide has led to increased government expenditure for micro drones. Micro drones can carry out stealth operations, function in nights, operate at any location, and are easy to deploy. Such benefits have led to increase in investments by governments to procure and develop a large number of micro drones globally. For instance, in February 2021, the French Government placed a new order to reinforce its fleet of micro-drones NX70 already used by French soldiers. Since 2018, the number of NX70 owned by the French Ministry of Army has continuously increased to reach more than 150 in 2020. The NX70 fleet is equipped with tethered power supply for continuous observation and protection missions, and also data link terminal placed on vehicles or directly handled by soldiers allowing information sharing on the field. Moreover, Russian military has been developing its next generation of combat gear that could be integrated with new micro-drones that provide a tactical level automated command system.

The security of key institutions has been greatly enhanced with advanced video surveillance and access control systems. Micro drones are used for surveillance of major events or gatherings in large cities. Also, several government agencies impose strict policies and guidelines for installation of micro drones at high-risk locations. Such factors are expected to fuel the growth of the global micro drone market during the forecast period.

Micro Drone Market
By Application

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Civil and Commercial is projected as the most lucrative segments

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Strict drone regulations

Due to increased use of micro drones for civilian applications, governments in developed economies draft laws and regulations for the use of these unmanned aerial vehicles to protect areas of national, historical, or natural importance. The technology of micro drones is evolving so fast that the policy makers are not able to keep pace with it. Moreover, different nations have different and complex airspace regulations for small drones. Many countries have accepted drone use, especially recreational use, as something that does not need to be highly regulated, but monitored only for safety. Other countries have very strict laws and regulations against drone use no matter what the purpose, and pilots need to be sure they follow all the correct procedures before flying. Stringent drone regulations in various countries are anticipated to limit the growth of the micro drone market during the forecast period.

Micro Drone Market
By Weight

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1 kg to 2kg is projected as the most lucrative segments

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Improvement in drone technologies

The technology behind unmanned air systems (UAS) has advanced rapidly in recent years and as a result UAS can fly faster and further than ever before and are able to perform ever more sophisticated surveillance operations. Developments in size, weight and power (SWaP) optimized technologies have driven these improvements, allowing smaller man-portable systems more flexible tactical capability.

Recent advancements in drone technologies have fueled an unprecedented level of interest in these devices. Defense manufacturers have developed micro drones that fly, search, and kill without human intervention. Also, many of these can even be effectively controlled with the help of ordinary smartphones. Owing to several benefits offered by micro drones, the demand for micro drones is expected to grow appreciably during the forecast timeframe.

Micro Drone Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 19.9% during 2021-2030.

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Covid-19 Impact Analysis

  • The COVID-19 impact on the micro drone market is unpredictable and is expected to remain in force till the second quarter of 2021.
  • The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import–export of raw materials items for most of 2020. This led to sudden fall in the availability of important raw materials for manufacturing micro drone equipment.
  • Moreover, nationwide lockdowns forced parts manufacturing facilities to partially or completely shut their operations.
  • Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of modern micro drone systems globally.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global micro drone market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall micro drone market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global micro drone market with a detailed impact analysis.
  • The current micro drone market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Type

  •  
  • Fixed-Wing
  • Rotary-Wing
  • Hybrid or Transitional

By Application

  •  
  • Military
  • Civil & Commercial
  • Homeland Security
  • Consumer
  • Others

By Weight

  •  
  • Less Than 1 Kg
  • 1 kg to 2Kg   

By Region

  •  
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • 3DR
  • AeroVironment Inc.
  • Autel Robotics
  • DJI
  • Elbit Systems Ltd.
  • Hubsan
  • Israel Aerospace Industries Ltd.
  • Kespry Inc.
  • senseFly
  • Skydio, Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s Five Forces Analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increased operational efficiency
3.5.1.2.Increasing demand for improved surveillance

3.5.2.Restraints

3.5.2.1.Strict drone regulations
3.5.2.2.Lack of skilled & trained personnel

3.5.3.Opportunities

3.5.3.1.Improvement in drone technologies
3.5.3.2.Rise in defense expenditure globally

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreak
3.6.2.Micro economic impact analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-economic impact analysis

3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index

3.6.4.Impact on the micro drone industry

CHAPTER 4:MICRO DRONE MARKET, BY TYPE

4.1.Overview
4.2.Fixed-wing

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Rotary-wing

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Hybrid or Transitional

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:MICRO DRONE MARKET, BY APPLICATION

5.1.Overview
5.2.Military

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Civil & commercial

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Homeland security

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Consumer

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:MICRO DRONE MARKET, BY WEIGHT

6.1.Overview
6.2.Less than 1 Kg

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.1 Kg to 2Kg

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:MICRO DRONE MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by application
7.2.4.Market size and forecast, by weight
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by type
7.2.5.1.2.Market size and forecast, by application
7.2.5.1.3.Market size and forecast, by weight

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by type
7.2.5.2.2.Market size and forecast, by application
7.2.5.2.3.Market size and forecast, by weight

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by type
7.2.5.3.2.Market size and forecast, by application
7.2.5.3.3.Market size and forecast, by weight

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by application
7.3.4.Market size and forecast, by weight
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by type
7.3.5.1.2.Market size and forecast, by application
7.3.5.1.3.Market size and forecast, by weight

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by type
7.3.5.2.2.Market size and forecast, by application
7.3.5.2.3.Market size and forecast, by weight

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by type
7.3.5.3.2.Market size and forecast, by application
7.3.5.3.3.Market size and forecast, by weight

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by type
7.3.5.4.2.Market size and forecast, by application
7.3.5.4.3.Market size and forecast, by weight

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by type
7.3.5.5.2.Market size and forecast, by application
7.3.5.5.3.Market size and forecast, by weight

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by weight
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by type
7.4.5.1.2.Market size and forecast, by application
7.4.5.1.3.Market size and forecast, by weight

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by type
7.4.5.2.2.Market size and forecast, by application
7.4.5.2.3.Market size and forecast, by weight

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by type
7.4.5.3.2.Market size and forecast, by application
7.4.5.3.3.Market size and forecast, by weight

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by type
7.4.5.4.2.Market size and forecast, by application
7.4.5.4.3.Market size and forecast, by weight

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by type
7.4.5.5.2.Market size and forecast, by application
7.4.5.5.3.Market size and forecast, by weight

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by weight
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by type
7.5.5.1.2.Market size and forecast, by application
7.5.5.1.3.Market size and forecast, by weight

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by type
7.5.5.2.2.Market size and forecast, by application
7.5.5.2.3.Market size and forecast, by weight

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by type
7.5.5.3.2.Market size and forecast, by application
7.5.5.3.3.Market size and forecast, by weight

CHAPTER 8:COMPANY PROFILES

8.1.3DR

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.AEROVIRONMENT, INC.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.Autel Robotics

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.4.Key strategic moves and developments

8.4.DJI

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.4.4.Key strategic moves and developments

8.5.ELBIT SYSTEMS LTD.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.HUBSAN

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Key strategic moves and developments

8.7.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI)

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.Kespry Inc.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.SenseFly

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio
8.9.4.Key strategic moves and developments

8.10.Skydio Inc.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
8.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 02.MICRO DRONE MARKET FOR FIXED-WING, BY REGION 2020–2030 ($MILLION)
TABLE 03.MICRO DRONE MARKET FOR ROTARY-WING, BY REGION 2020–2030 ($MILLION)
TABLE 04.MICRO DRONE MARKET FOR HYBRID OR TRANSITIONAL, BY REGION 2020–2030 ($MILLION)
TABLE 05.MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 06.MICRO DRONE MARKET FOR MILITARY, BY REGION 2020–2030 ($MILLION)
TABLE 07.MICRO DRONE MARKET FOR CIVIL & COMMERCIAL, BY REGION 2020–2030 ($MILLION)
TABLE 08.MICRO DRONE MARKET FOR HOMELAND SECURITY, BY REGION 2020–2030 ($MILLION)
TABLE 09.MICRO DRONE MARKET FOR CONSUMER, BY REGION 2020–2030 ($MILLION)
TABLE 10.MICRO DRONE MARKET FOR OTHERS, BY REGION 2020–2030 ($MILLION)
TABLE 11.MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 12.MICRO DRONE MARKET FOR LESS THAN 1 KG, BY REGION 2020–2030 ($MILLION)
TABLE 13.MICRO DRONE MARKET FOR 1 KG TO 2KG, BY REGION 2020–2030 ($MILLION)
TABLE 14.MICRO DRONE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 18.U.S. MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 19.U.S. MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.U.S. MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 21.CANADA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 22.CANADA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 23.CANADA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 24.MEXICO MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.MEXICO MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.MEXICO MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 27.EUROPE MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPE MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 29.EUROPE MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 30.GERMANY MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 31.GERMANY MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.GERMANY MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 33.UK MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 34.UK MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 35.UK MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 36.FRANCE MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 37.FRANCE MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 38.FRANCE MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 39.RUSSIA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 40.RUSSIA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 41.RUSSIA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 42.REST OF EUROPE MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.REST OF EUROPE MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 45.ASIA-PACIFIC MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 46.ASIA-PACIFIC MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 47.ASIA-PACIFIC MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 48.CHINA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 49.CHINA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.CHINA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 51.JAPAN MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 52.JAPAN MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 53.JAPAN MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 54.INDIA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 55.INDIA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.INDIA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 57.SOUTH KOREA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 58.SOUTH KOREA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 59.SOUTH KOREA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 63.LAMEA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 64.LAMEA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 65.LAMEA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 66.LATIN AMERICA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 67.LATIN AMERICA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 68.LATIN AMERICA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 69.MIDDLE EAST MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 70.MIDDLE EAST MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 71.MIDDLE EAST MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 72.AFRICA MICRO DRONE MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 73.AFRICA MICRO DRONE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.AFRICA MICRO DRONE MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 75.3DR: COMPANY SNAPSHOT
TABLE 76.3DR: PRODUCT PORTFOLIO
TABLE 77.AEROVIRONMENT, INC.: COMPANY SNAPSHOT
TABLE 78.AEROVIRONMENT, INC.: OPERATING SEGMENTS
TABLE 79.AEROVIRONMENT, INC.: PRODUCT PORTFOLIO
TABLE 80.AUTEL ROBOTICS: COMPANY SNAPSHOT
TABLE 81.AUTEL ROBOTICS: PRODUCT PORTFOLIO
TABLE 82.AUTEL ROBOTICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 83.DJI: COMPANY SNAPSHOT
TABLE 84.DJI: PRODUCT PORTFOLIO
TABLE 85.DJI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 86.ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 87.ELBIT SYSTEMS LTD.: OPERATING SEGMENTS
TABLE 88.ELBIT SYSTEMS LTD.: PRODUCT PORTFOLIO
TABLE 89.ELBIT SYSTEMS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 90.HUBSAN: COMPANY SNAPSHOT
TABLE 91.HUBSAN: PRODUCT PORTFOLIO
TABLE 92.HUBSAN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 93.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): COMPANY SNAPSHOT
TABLE 94.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): OPERATING SEGMENTS
TABLE 95.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): PRODUCT PORTFOLIO
TABLE 96.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 97.KESPRY INC.: COMPANY SNAPSHOT
TABLE 98.KESPRY INC.: PRODUCT PORTFOLIO
TABLE 99.SENSEFLY: COMPANY SNAPSHOT
TABLE 100.SENSEFLY: PRODUCT PORTFOLIO
TABLE 101.SENSEFLY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102.SKYDIO, INC.: COMPANY SNAPSHOT
TABLE 103.SKYDIO, INC.: PRODUCT PORTFOLIO
TABLE 104.SKYDIO, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 12.LOW-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH MODERATE POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.MICRO DRONE MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR FIXED-WING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR ROTARY-WING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR HYBRID OR TRANSITIONAL,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.MICRO DRONE MARKET SHARE, BY APPLICATION, 2020–2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR MILITARY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR CIVIL & COMMERCIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR HOMELAND SECURITY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR CONSUMER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.MICRO DRONE MARKET SHARE, BY WEIGHT, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR LESS THAN 1 KG, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET FOR 1 KG TO 2KG, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.MICRO DRONE MARKET, BY REGION, 2020–2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 30.U.S. MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 31.CANADA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 32.MEXICO MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 34.GERMANY MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 35.UK MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 36.FRANCE MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 37.RUSSIA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 38.REST OF EUROPE MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 40.CHINA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 41.JAPAN MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 42.INDIA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 43.SOUTH KOREA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 45.COMPARATIVE SHARE ANALYSIS OF MICRO DRONE MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 46.LATIN AMERICA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 47.MIDDLE EAST MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 48.AFRICA MICRO DRONE MARKET, 2020–2030 ($MILLION)
FIGURE 49.AEROVIRONMENT, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.AEROVIRONMENT, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.AEROVIRONMENT, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.ELBIT SYSTEMS LTD., 2018–2020 ($MILLION)
FIGURE 53.ELBIT SYSTEMS LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.ELBIT SYSTEMS LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE, 2017–2019 ($MILLION)
FIGURE 56.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 57.ISRAEL AEROSPACE INDUSTRIES LTD. (IAI): REVENUE SHARE BY REGION, 2019 (%)

 
 

The global micro drone market is expected to witness significant growth owing to enhancement in efficiency and operations offered by micro drone systems, across a wide range of applications.

Increased operational efficiency and rise in demand for improved surveillance are expected to drive the micro drone market growth during the forecast period. However, strict drone regulations and lack of skilled & trained personnel are the factors that are expected to restrain the growth of the micro drone market during the forecast period. Moreover, improvement in drone technologies and rise in defense expenditure globally are the major factors that are expected to supplement the micro drone market.

In order to gain a fair share of the market, major players adopted different strategies, for instance, partnership, product launch, and product development. Among these, product launch is the leading strategy used by prominent players such as Autel Robotics, DJI, Elbit Systems Ltd., Hubsan, and senseFly. Aforementioned Companies launched cutting-edge micro drone products seeking to grab a fair share of the market.

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FREQUENTLY ASKED QUESTIONS?
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A. The global micro drone market valued at $6,717.44 million in 2020, and is projected to reach $28,910.54 million by 2030, registering a CAGR of 17.2% from 2021 to 2030.

A. Huge investments towards the development of micro drones by various countries to increase their military surveillance capability; Relaxation of regulations for the commercial usage of micro drones in various countries

A. The report sample for global micro drone market report can be obtained on demand from the website.

A. Between 2021 and 2030, the micro drone market is expected to register a CAGR of 17.2% from 2021 to 2030.

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. Micro drone market is driven by the factors such as increasing demand for improved surveillance, and improvement in drone technologies

A. Micro drones have been defined on the basis of weight between 250grams and 2kg. They are quite small in size, are very light weight, and can be used for spying, warfare, and across different industrial applications

A. The U.S., China, and Germany are key matured markets in the global micro drone market

A. The rising demand for long range and high endurance micro drone systems; and the rise in deployment of autonomous micro drones.

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