Global Small Drones Market is Estimated to Reach $40.3 Billion by 2025, Says Accurize Market Research
Global Small Drones Market report published by Accurize Market Research forecast that the global market is expected to reach $40.3 billion by 2025; growing at a CAGR of 17.1% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
To browse the complete report, visit at https://www.accurizemarketresearch.com/report/Small-Drones-Market
Technological developments and penetration of small drones in various sectors to drive the growth of the market
Technological developments and penetration of small drones in various sectors fuels the demand for the global small drones market. Furthermore, rising demand for process automation in different energy verticals and integration of small drones with IT corporates also boost the growth of the market.
The global small drones market has been bifurcated on the basis of size, payload, type, application and geography. Size segment is further segmented into nano drones, micro drones and mini drones. Payload segment can be bifurcated into cameras, sensors, telemetry systems, and others. Type segment can be further bifurcated into fixed wing drones and rotary wing drones. Furthermore, application segment includes defense forces, enforcement agencies, and commercial.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Sweden, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, Australia and others. RoW covers South America, Middle East and Africa.
Top players in the market
The key market players include Northrop Grumman, Elbit Systems, Israel Aerospace Industries, Aerovironment, Lockheed Martin, Boeing, Aeronautics, Thales, DJI, Parrot, 3D Robotics and Textron, among others.
Head - Sales
Accurize Market Research
K-129, PC COLONY, HANUMAN NAGAR,