Market Overview:
The global small drone market is expected to grow from USD 2.5 billion in 2018 to USD 11.2 billion by 2030, at a CAGR of 18.9% during the forecast period. The growth of the small drone market can be attributed to the increasing demand for drones in commercial and military applications, and rising investments by venture capitalists in the drone industry. Based on type, the fixed wing small drone segment is expected to lead the global small drone market during the forecast period. Fixed wing drones are more efficient than rotary wing drones as they consume less power and have a longer flight time; this makes them suitable for long-distance missions such as mapping or surveying large areas. Based on application, commercial applications are expected to account for a larger share of the global small drone market duringthe forecast period. Commercial applications include aerial photography & videography, parcel delivery, crop monitoring & spraying, land surveys & inspections, and others (search & rescue operations).
Product Definition:
Small drones are unmanned aerial vehicles that are typically smaller than traditional military or commercial drones. They have a variety of civilian applications, including search and rescue, agricultural mapping, and wildlife conservation. Small drones can also be used for recreational purposes such as flying for fun or racing.
Fixed Wing Small Drone:
Small drones are aircraft that can be operated by a single person without requiring a license. They generally weigh up to 55 pounds (25 kg), have a maximum wingspan of less than 65 feet (20 m), and are usually powered by an electric motor. Small drones may also include unpowered aerial vehicles, which are used for research purposes or in educational settings.
Rotary Wing Small Drone:
Rotary wing is a powered aircraft that uses its main rotor and tail rotor to provide lift. It has a rigid wing with fixed or moving blades, which aids in its flight by generating sufficient airspeed through the propellers. The most common type of rotary wing used for commercial applications is the helicopter, which includes various types such as single-rotor helicopters and multi-rotor helicopters.
Application Insights:
The military segment dominated the global small drone market in terms of revenue share in 2017. The growth can be attributed to increasing defense expenditure by countries such as China, India and Australia. For instance, according to the Stockholm International Peace Research Institute (SIPRI), India¢â‚¬â„¢s defense spending increased from USD 546 billion in 2014 to USD 609 billion in 2015 owing to rise in cross-border terrorism and border conflicts with neighboring countries. This increase is expected to drive demand for drones over the forecast period.
The commercial application segment is projected register a significant CAGR of XX% from 2018to 2030 owing to an increase in demand for aerial filming and photography activities across various industries such as construction, real estate development, oil & gas exploration and mining sites among others.
Regional Analysis:
North America dominated the global small drone market in terms of revenue share in 2016. The growth can be attributed to the increasing use of drones for commercial applications such as real estate, inspection and monitoring of crops and livestock among others. Moreover, increased military spending by countries like the U.S., Canada and Mexico are also expected to drive regional demand over the forecast period.
The European market is anticipated to witness significant growth over the next eight years owing to strict regulations regarding their usage that have been introduced by aviation authorities like EASA (European Aviation Safety Agency) and FAA (Federal Aviation Administration). In addition, growing awareness about drones amongst consumers will further propel industry expansion over this period.
Growth Factors:
- Increasing demand for small drones from the commercial sector for tasks such as aerial photography, land surveying and crop monitoring is driving the growth of the small drone market.
- The increasing use of small drones by militaries for intelligence, surveillance and reconnaissance (ISR) is also propelling the growth of this market.
- The growing popularity of drone racing is also contributing to the growth of the small drone market.
- The increasing number of start-ups focused on developing innovative unmanned aerial vehicles (UAVs) is fuelling innovation in this space and helping to drive down costs, which is benefiting end users.
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Drone Market Research Report
By Type
Fixed Wing Small Drone, Rotary Wing Small Drone, Others
By Application
Commercial, Military, Others
By Companies
Financial Highlights, Lockheed Martin Corporation, Israel Aerospace Industries, Aerovironment, Elbit Systems, DA-Jiang Innovations Science and Technology, Parrot SA, 3D Robotics, Microdrones, BAE Systems, Financial Highlights, SAAB AB, Thales Group, Textron
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Small Drone Market Report Segments:
The global Small Drone market is segmented on the basis of:
Types
Fixed Wing Small Drone, Rotary Wing Small Drone, Others
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
Commercial, Military, Others
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:
- Financial Highlights
- Lockheed Martin Corporation
- Israel Aerospace Industries
- Aerovironment
- Elbit Systems
- DA-Jiang Innovations Science and Technology
- Parrot SA
- 3D Robotics
- Microdrones
- BAE Systems
- Financial Highlights
- SAAB AB
- Thales Group
- Textron
Highlights of The Small Drone 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:
- Fixed Wing Small Drone
- Rotary Wing Small Drone
- Others
- By Application:
- Commercial
- Military
- Others
- 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 Small Drone 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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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?
Small drones are those that weigh less than 4.4 pounds and have a wingspan of less than 54 inches. They are typically used for recreational purposes such as photography, videography, and aerial mapping.
Some of the major players in the small drone market are Financial Highlights, Lockheed Martin Corporation, Israel Aerospace Industries, Aerovironment, Elbit Systems, DA-Jiang Innovations Science and Technology, Parrot SA, 3D Robotics, Microdrones, BAE Systems, Financial Highlights, SAAB AB, Thales Group, Textron.
The small drone market is expected to register a CAGR of 18.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Drone 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 Small Drone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Small Drone 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 Small Drone 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 Small Drone Market Size & Forecast, 2018-2028
4.5.1 Small Drone Market Size and Y-o-Y Growth
4.5.2 Small Drone Market Absolute $ Opportunity
Chapter 5 Global Small Drone 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 Small Drone Market Size Forecast by Type
5.2.1 Fixed Wing Small Drone
5.2.2 Rotary Wing Small Drone
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Small Drone 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 Small Drone Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Military
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Drone 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 Small Drone 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 Small Drone Analysis and Forecast
9.1 Introduction
9.2 North America Small Drone 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 Small Drone Market Size Forecast by Type
9.6.1 Fixed Wing Small Drone
9.6.2 Rotary Wing Small Drone
9.6.3 Others
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 Small Drone Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Military
9.10.3 Others
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 Small Drone Analysis and Forecast
10.1 Introduction
10.2 Europe Small Drone 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 Small Drone Market Size Forecast by Type
10.6.1 Fixed Wing Small Drone
10.6.2 Rotary Wing Small Drone
10.6.3 Others
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 Small Drone Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Military
10.10.3 Others
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 Small Drone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Small Drone 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 Small Drone Market Size Forecast by Type
11.6.1 Fixed Wing Small Drone
11.6.2 Rotary Wing Small Drone
11.6.3 Others
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 Small Drone Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Military
11.10.3 Others
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 Small Drone Analysis and Forecast
12.1 Introduction
12.2 Latin America Small Drone 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 Small Drone Market Size Forecast by Type
12.6.1 Fixed Wing Small Drone
12.6.2 Rotary Wing Small Drone
12.6.3 Others
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 Small Drone Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Military
12.10.3 Others
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) Small Drone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Small Drone 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) Small Drone Market Size Forecast by Type
13.6.1 Fixed Wing Small Drone
13.6.2 Rotary Wing Small Drone
13.6.3 Others
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) Small Drone Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Military
13.10.3 Others
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 Small Drone Market: Competitive Dashboard
14.2 Global Small Drone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Financial Highlights
14.3.2 Lockheed Martin Corporation
14.3.3 Israel Aerospace Industries
14.3.4 Aerovironment
14.3.5 Elbit Systems
14.3.6 DA-Jiang Innovations Science and Technology
14.3.7 Parrot SA
14.3.8 3D Robotics
14.3.9 Microdrones
14.3.10 BAE Systems
14.3.11 Financial Highlights
14.3.12 SAAB AB
14.3.13 Thales Group
14.3.14 Textron
