[199 Pages Report] The small drones market was valued at USD 9.71 billion in 2017 and is projected to reach USD 40.31 billion by 2025, at a CAGR of 17.04% during the forecast period. The objective of this study is to define, describe, segment, and forecast the market based on type, power source, application, MTOW, payload, and region. The report provides a detailed overview of the competitive landscape of the small drones market and profiles of companies based on their financial positions, product portfolios, and growth strategies adopted by them to sustain their position in the market.

It also analyzes the core competencies of key players and their market share to anticipate the degree of competition prevailing in the small drones market. The report also tracks and analyzes competitive developments such as partnerships, mergers & acquisitions, new product launches, and research & development activities. The base year considered for this study is 2017 and the forecast period is from 2018 to 2025.

The research methodology used to estimate and forecast the size of the small drones market involved capturing data on the revenue of key market players through secondary sources such as the US Department of Defense (DoD), the US Air Force database, company websites, corporate filings, annual reports, investor presentations, and paid databases. The bottom-up procedure was employed to arrive at the overall size of the market by estimating revenues of key market players. After arriving at the overall market size, the small drones market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The breakdown of profiles of primaries is showcased in the figure given below:

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Market Ecosystem

The small drones market has been segmented on the basis of type, power source, application, MTOW, payload, and region.

Northrop Grumman (US), Textron (US), Boeing (US), DJI (China), Parrot (France), 3D Robotics (US), and AeroVironment (US) are key players operating in the market.

Contracts, new product launches, agreements, and acquisitions are major growth strategies adopted by key players in the small drones market.

Target Audience:

Manufacturers of UAVs

Component Manufacturers of UAVs

System Integrators

Government and Certification Bodies

�This study answers several questions for stakeholders, primarily, which market segments they need to focus on during the next 2-5 years to prioritize their efforts and investments.�

Scope of the Report:

Small Drones Market, By Type

Fixed Wing

Rotary Wing

Hybrid/Transitional

Small drones market, By Application

Military Intelligence, Surveillance, and Reconnaissance (ISR) Battle Damage Management

Civil & Commercial Precision Agriculture Remote Sensing Inspection Monitoring Photography & Film Production Surveying and Mapping Product Delivery Wildlife Research & Preservation Scientific Research Media Coverage

Homeland Security Border Management Traffic Monitoring Fire Fighting & Disaster Management Search & Rescue Law Enforcement Maritime Security

Consumer Prosumer Hobbyist/DIY



Small Drones Market, By MTOW

<5 Kilograms

5-25 Kilograms

25-150 Kilograms

Small Drones Market, By Payload

Small Drones Market Payload, By Type Cameras, By Type High-Resolution Cameras Multispectral Cameras Hyperspectral Cameras Thermal Cameras EO/IR Cameras CBRN Sensors Electronic Intelligence Payloads UAV Radar, By Type Synthetic Aperture Radar (SAR) Active Electronically Scanned Array (AESA) Radar



Small Drones Market, By Power Source

Small Drones Market Power Source, By Type Lithium-ion Solar Cells Hybrid Cells Fuel Cells



Small Drones Market, By Region

North America

Europe

Asia Pacific

Middle East

Latin America

Africa

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for this report:

Regional Analysis

Further breakdown of the Rest of the World small drones market

Company Information

Detailed analysis and profiles of additional market players (up to 5)

The small drones market is estimated at USD 13.40 billion in 2018 and is projected to reach USD 40.31 billion by 2025, at a CAGR of 17.04% from 2018 to 2025. The rise in the procurement of small military drones by defense forces worldwide is one of the most significant factors projected to drive the growth of the small drones market. The increasing use of small drones in commercial applications, such as monitoring, surveying and mapping, precision agriculture, aerial remote sensing, and product delivery, is also contributing to the growth of the market.

The small drones market has been segmented on the basis of type, power source, application, MTOW, payload, and region. Based on MTOW, the small drones market has been classified into <5 kilograms, 5-25 kilograms, and 25-150 kilograms. The 25-150 kilograms of MTOW segment of the market is projected to grow at the highest CAGR from 2017 to 2025. This growth can be attributed to the increasing use of small drones market in commercial and consumer applications.

Based on application, the small drones market has been segmented into military, civil & commercial, homeland security, and consumer. The civil & commercial segment of the market is projected to grow at the highest CAGR from 2017 to 2022. This growth can be attributed to the increased adoption of small drones for various civil & commercial applications, such as monitoring, surveying, mapping, and remote sensing.

Based on type, the market has been segmented into fixed wing, rotary wing, and hybrid/transitional. The rotary wing segment is expected to grow at the highest CAGR during the forecast period, owing to the high demand from the defense sector for surveillance and reconnaissance applications. The demand for rotary wing from the commercial sector is also increasing, as these small drones are used in agriculture, wildlife survey, search & rescue operations, firefighting, law enforcement, photography, and disaster management.

Based on region, the small drones market has been segmented into North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa. North America is estimated to be the largest market for small drones in 2018. The increasing use of small drones for border and maritime surveillance activities in countries, such as US and Canada, is driving the growth of the market in North America.

Lack of proper air traffic management for UAVs and issues with the safety and security of UAVs are acting as key challenges to the growth of the small drones market. Major companies operating in the market include Northrop Grumman (US), Textron (US), Boeing (US), DJI (China), Parrot (France), 3D Robotics (US), and AeroVironment (US). New product launches and supply contracts were among the key growth strategies adopted by leading players in the market from 2012 to 2017.

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