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NEW YORK , Aug. 25, 2022 /PRNewswire/ -- Small drones are aerial systems operated autonomously by an onboard computer or remote control from the ground or another vehicle. Small drones consist of micro-drones and mini drones weighing below 2.20 pounds.
The small drones market size is expected to grow by USD 8.58 bn from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 13.26% during the forecast period, according to Technavio.
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Small Drones Market 2022-2026: Scope
The small drones market report covers the following areas:
Small Drones Market 2022-2026: Vendor Analysis
The small drones market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Aeronautics Group, AeroVironment Inc., Autel Intelligent Technology Co., BAE Systems Plc, Elbit Systems Ltd., Holy Stone, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Microdrones GmbH, Northrop Grumman Corp., Parrot Drones SAS, PrecisionHawk Inc., Raytheon Technologies Corp., Saab AB, Shenzhen Hubsan Technology Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, and Turkish Aerospace Industries Inc. are some of the major market participants. The key offerings of a few of these vendors are listed below:
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Small Drones Market 2022-2026: Segmentation
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
Small Drones Market 2022-2026: Regional Analysis
APAC will account for 32% of the market's growth during the forecast period. The growth of this region is attributed to factors such as an increase in technological adoption across the agriculture sector. Moreover, market growth in this region will be slower than the growth of the market in other regions. China and India are the key countries for the small drones market in APAC.
Small Drones Market 2022-2026: Key Highlights
Drone Market by Application and Geography - Forecast and Analysis 2021-2025
Drone Flight Management System Market by Component and Geography - Forecast and Analysis 2021-2025
Decelerate at a CAGR of 13.26%
APAC, North America, Europe, Middle East and Africa, and South America
US, Canada, China, India, and France
Leading companies, competitive strategies, consumer engagement scope
Aeronautics Group, AeroVironment Inc., Autel Intelligent Technology Co., BAE Systems Plc, Elbit Systems Ltd., Holy Stone, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Microdrones GmbH, Northrop Grumman Corp., Parrot Drones SAS, PrecisionHawk Inc., Raytheon Technologies Corp., Saab AB, Shenzhen Hubsan Technology Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, and Turkish Aerospace Industries Inc.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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