Market Overview:
The global octocopter UAVs market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for octocopter UAVs for commercial applications such as agriculture, energy, security, infrastructure and other applications. Additionally, the increasing demand for octocopter UAVs from military and defense sectors is also contributing to the growth of this market. However, factors such as high cost of these drones and stringent regulatory norms are restraining the growth of this market. On the basis of type, the global octocopter UAVs market can be segmented into less than 10 kg, 10-30 kg and more than 30 kg segments. The less than 10 kg segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost and easy operability. On the basis of application,the global octocopter UAVsmarket can be divided into agriculture sector,, energy sector,, security sector,, infrastructure sectorand other sectors (including media & entertainment,. mining,. surveying,. etc.).
Product Definition:
An octocopter is an unmanned aerial vehicle that has eight rotors. It is used for a variety of purposes, including photography, mapping, and surveying.
Less Than 10Kg:
The weight range of less than 10 kg is expected to witness significant growth over the forecast period owing to its increasing application in octocopter UAVs. Octocopter is a type of hybrid between a helicopter and an airplane, which has eight propellers instead of traditional four. These devices are used for various applications such as security, surveillance, law enforcement and disaster management among others.
10-30Kg:
The 10-30Kg payload is the weight of the octocopter UAVs which can be lifted by a single person with a normal strength. Octocopter has eight arms or legs and these are controlled by eight motors which are installed in it. These motors provide enough power to move the octocopter through air and also help in balancing its body as well.
Application Insights:
The application segment is segregated into six parts including agriculture, energy, security, infrastructure, other and others. Other applications include film shooting/photography and survey. The other applications segment dominated the global market in 2017 with a share of over 40% owing to its rising adoption for aerial filming purposes or for taking photos from an altitude of around 3-4 km above the ground level. Moreover Octocopter UAVs are also used extensively in agricultural activities such as spraying pesticides on farms which was not possible before due to high costs involved in using large aircrafts or helicopters for such purposes.
Octocopters have been used by various governments worldwide to carry out surveillance operations or perform crowd management at sports events which were previously not feasible due to high costs associated with using large aircrafts or helicopters.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing investments by companies for carrying out aerial imaging and inspection work, coupled with rising demand for UAV-generated data through GIS software applications. Moreover, technological advancements such as high-speed digital video recording are further anticipated to drive regional product demand in near future.
The Asia Pacific region is projected to witness significant growth over the next eight years owing to increasing government initiatives pertaining toward infrastructure development and maintenance across several countries including China, India, Japan and Australia among others).
Growth Factors:
- Increasing demand for octocopter UAVs from the commercial sector for tasks such as aerial photography, surveying and mapping, cargo delivery, and others
- Rising R&D expenditure by leading players to develop advanced octocopter UAVs with enhanced features
- Growing number of start-ups focused on developing innovative octocopter UAVs
- Proliferation of low-cost octocopter UAV platforms and components due to technological advancements
- Increasing adoption of octocopter drones in defense and security applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Octocopter UAVs Market Research Report
By Type
Less Than 10Kg, 10-30Kg, More Than 30Kg
By Application
Agriculture, Energy, Security, Infrastructure, Other
By Companies
Airelectronics, IDS INGEGNERIA DEI SISTEMI, DJI Innovations, MULTIROTOR service-drone.de, Prodrone, Azur Drones, Kray Technologies, Shandong LongYi Aviation Technology, GRIFF Aviation North America, IDETEC, Ukrspecsystems, AiDrones
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Octocopter UAVs Market Report Segments:
The global Octocopter UAVs market is segmented on the basis of:
Types
Less Than 10Kg, 10-30Kg, More Than 30Kg
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Energy, Security, Infrastructure, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airelectronics
- IDS INGEGNERIA DEI SISTEMI
- DJI Innovations
- MULTIROTOR service-drone.de
- Prodrone
- Azur Drones
- Kray Technologies
- Shandong LongYi Aviation Technology
- GRIFF Aviation North America
- IDETEC
- Ukrspecsystems
- AiDrones
Highlights of The Octocopter UAVs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 10Kg
- 10-30Kg
- More Than 30Kg
- By Application:
- Agriculture
- Energy
- Security
- Infrastructure
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Octocopter UAVs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Octocopter UAVs are a type of unmanned aerial vehicle that has eight propellers instead of the traditional four. They are often used for commercial purposes, such as photography and video filming.
Some of the major players in the octocopter uavs market are Airelectronics, IDS INGEGNERIA DEI SISTEMI, DJI Innovations, MULTIROTOR service-drone.de, Prodrone, Azur Drones, Kray Technologies, Shandong LongYi Aviation Technology, GRIFF Aviation North America, IDETEC, Ukrspecsystems, AiDrones.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Octocopter UAVs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Octocopter UAVs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Octocopter UAVs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Octocopter UAVs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Octocopter UAVs Market Size & Forecast, 2020-2028
4.5.1 Octocopter UAVs Market Size and Y-o-Y Growth
4.5.2 Octocopter UAVs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Less Than 10Kg
5.2.2 10-30Kg
5.2.3 More Than 30Kg
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Energy
6.2.3 Security
6.2.4 Infrastructure
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Octocopter UAVs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Octocopter UAVs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Less Than 10Kg
9.6.2 10-30Kg
9.6.3 More Than 30Kg
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Energy
9.10.3 Security
9.10.4 Infrastructure
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Less Than 10Kg
10.6.2 10-30Kg
10.6.3 More Than 30Kg
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Energy
10.10.3 Security
10.10.4 Infrastructure
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Less Than 10Kg
11.6.2 10-30Kg
11.6.3 More Than 30Kg
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Energy
11.10.3 Security
11.10.4 Infrastructure
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Less Than 10Kg
12.6.2 10-30Kg
12.6.3 More Than 30Kg
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Energy
12.10.3 Security
12.10.4 Infrastructure
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Less Than 10Kg
13.6.2 10-30Kg
13.6.3 More Than 30Kg
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Energy
13.10.3 Security
13.10.4 Infrastructure
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Octocopter UAVs Market: Competitive Dashboard
14.2 Global Octocopter UAVs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airelectronics
14.3.2 IDS INGEGNERIA DEI SISTEMI
14.3.3 DJI Innovations
14.3.4 MULTIROTOR service-drone.de
14.3.5 Prodrone
14.3.6 Azur Drones
14.3.7 Kray Technologies
14.3.8 Shandong LongYi Aviation Technology
14.3.9 GRIFF Aviation North America
14.3.10 IDETEC
14.3.11 Ukrspecsystems
14.3.12 AiDrones
