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Global Small Drones Market to reach USD 164.89 billion by 2027

Global Small Drones Market Size study, by Type (Fixed-Wing, Rotary-Wing, Hybrid/Transitional), Application (Military, Civil & Commercial, Homeland Security and Consumer), by Maximum Takeoff Weight MTOW (<5 kg, 5–25 kg and 25–150 kg) by Payload (Camera, CBRN Sensors, Electronic Intelligence Payload and Radar) and Regional Forecasts 2020-2027

Product Code: SASAAD_61713500
Publish Date: 15-11-2020
Page: 200

Global Small Drones Market is valued approximately USD 46.83 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.04 % over the forecast period 2020-2027. Small Drones are formally called as Unmanned Aerial Vehicles (UAVs), they are flying robots which are controlled by remote or in-built software along with the GPS and required sensors. The Small Drones were earlier manufactured particularly for the military operations but now they are also being used by the civil organizations for search and rescue operations, surveillance, traffic monitoring, weather monitoring and firefighting, photography, videography, agriculture and even delivery services. . Further, increasing investments in technological upgradation, integration of artificial intelligence & deep learning, several business verticals & commercial applications, increasing spy missions, growth in populations in developing nations has increased the applications of small drones and increasing use in agricultural sector has led the adoption of Small Drones across the forecast period. For Instance: in May 2020, Parrot Drones announced that it will provide support to Human Rights Watch to investigate human rights violations around the world by providing its ANAFI drones. However, lack of skilled pilots, high manufacturing & maintenance costs due to complex software, and use of various sensors increases the cost price which impedes the growth of the market over the forecast period of 2020-2027. Also the developing logistics & manufacturing infrastructure, proper regulations the adoption & demand for Small Drones is likely to create an opportunity for the market.

The regional analysis of global Small Drones Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing border & maritime surveillance coupled with the well-established defense infrastructure. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as improving regulations, increasing demand for artificial intelligence, spy missions, surveillance activities, disturbing climate situations, prevention from disaster management and improving manufacturing infrastructure would create lucrative growth prospects for the Small Drones Market across Asia-Pacific region.

Major market player included in this report are:
Northrop Grumman Corporation
Textron Inc.
AeroVironment Inc.
Parrot Drones SAS
Lockheed Martin Corporation
Elbit Systems, Ltd.
3D Robotics Inc.
BAE Systems, Inc.
The Boeing Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:

By Application:
Civil & Commercial
Homeland Security
Maximum Takeoff Weight MTOW
<5 kg 5–25 kg 25–150 kg By Payload: Camera CBRN Sensors Electronic Intelligence Payload Radar By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2017, 2018 Base year – 2019 Forecast period – 2020 to 2027 Target Audience of the Global Small Drones Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Small Drones Market, by Region, 2018-2027 (USD Billion)
1.2.2. Small Drones Market, by Type, 2018-2027 (USD Billion)
1.2.3. Small Drones Market, by Application, 2018-2027 (USD Billion)
1.2.4. Small Drones Market, by Maximum Takeoff Weight MTOW, 2018-2027 (USD Billion)
1.2.5. Small Drones Market, by Payload, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Small Drones Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Small Drones Market Dynamics
3.1. Small Drones Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Small Drones Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Small Drones Market, by Type
5.1. Market Snapshot
5.2. Global Small Drones Market by Type, Performance – Potential Analysis
5.3. Global Small Drones Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Small Drones Market, Sub Segment Analysis
5.4.1. Fixed-Wing
5.4.2. Rotary-Wing
5.4.3. Hybrid/Transitional
Chapter 6. Global Small Drones Market, by Application
6.1. Market Snapshot
6.2. Global Small Drones Market by Application, Performance – Potential Analysis
6.3. Global Small Drones Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Small Drones Market, Sub Segment Analysis
6.4.1. Military
6.4.2. Civil & Commercial
6.4.3. Homeland Security
6.4.4. Consumer
Chapter 7. Global Small Drones Market, by Maximum Takeoff Weight MTOW
7.1. Market Snapshot
7.2. Global Small Drones Market by Maximum Takeoff Weight MTOW, Performance – Potential Analysis
7.3. Global Small Drones Market Estimates & Forecasts by Maximum Takeoff Weight MTOW 2017-2027 (USD Billion)
7.4. Small Drones Market, Sub Segment Analysis
7.4.1. <5 kg 7.4.2. 5–25 kg 7.4.3. 25–150 kg Chapter 8. Global Small Drones Market, by Payload 8.1. Market Snapshot 8.2. Global Small Drones Market by Payload, Performance - Potential Analysis 8.3. Global Small Drones Market Estimates & Forecasts by Payload 2017-2027 (USD Billion) 8.4. Small Drones Market, Sub Segment Analysis 8.4.1. Camera 8.4.2. CBRN Sensors 8.4.3. Electronic Intelligence Payload 8.4.4. Radar Chapter 9. Global Small Drones Market, Regional Analysis 9.1. Small Drones Market, Regional Market Snapshot 9.2. North America Small Drones Market 9.2.1. U.S. Small Drones Market Type breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Maximum Takeoff Weight MTOW breakdown estimates & forecasts, 2017-2027 Payload breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Small Drones Market 9.3. Europe Small Drones Market Snapshot 9.3.1. U.K. Small Drones Market 9.3.2. Germany Small Drones Market 9.3.3. France Small Drones Market 9.3.4. Spain Small Drones Market 9.3.5. Italy Small Drones Market 9.3.6. Rest of Europe Small Drones Market 9.4. Asia-Pacific Small Drones Market Snapshot 9.4.1. China Small Drones Market 9.4.2. India Small Drones Market 9.4.3. Japan Small Drones Market 9.4.4. Australia Small Drones Market 9.4.5. South Korea Small Drones Market 9.4.6. Rest of Asia Pacific Small Drones Market 9.5. Latin America Small Drones Market Snapshot 9.5.1. Brazil Small Drones Market 9.5.2. Mexico Small Drones Market 9.6. Rest of The World Small Drones Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Northrop Grumman Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments 10.2.2. DJI 10.2.3. Textron Inc. 10.2.4. Aero Vironment Inc. 10.2.5. Parrot Drones SAS 10.2.6. Lockheed Martin Corporation 10.2.7. Elbit Systems, Ltd. 10.2.8. 3D Robotics Inc. 10.2.9. BAE Systems, Inc. 10.2.10. The Boeing Company Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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