DUBLIN, Nov. 22, 2022 /PRNewswire/ — The “Global Small Drone Market by Platform (Civil & Commercial and Defense & Government), Type (Fixed Wing, Rotary Wing, and Hybrid), Application, Mode of Operation, Power Source (Fully Powered, Battery Powered) & Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The small drone market is projected to grow from USD 3.8 billion in 2022 to USD 6.2 Billion by 2027, at a CAGR of 10.1% from 2022 to 2027.
Based on type, the rotary wing segment is projected to grow at highest CAGR during the forecast period
Based on type, the market has been classified into fixed wing, rotary wing, and hybrid. The fixed-wing segment has been further divided into conventional take-off and landing (CTOL) and vertical take-off and landing (VTOL), while the rotary-wing segment has been classified into single rotor and multirotor. Among these, the rotary wing segment is projected to grow at highest CAGR during the forecast period.
Rotary-wing drones, due to their VTOL capability, can function in a broader range of environments than fixed-wing drones, as they eliminate the requirement of any additional setup or space to facilitate their take-off and landing. Moreover, the ability of these drones to hover over places makes them ideal for filmmaking, surveillance, and imaging applications. Rotary-wing drones are of two types, namely, single rotor or multirotor. The multirotor drones are further classified into bicopters, tricopters, quadcopters, hexacopters, and octocopters.
Generally, small multicopter drones use batteries as power sources. This increases their adoption in industrial and recreational activities. DJI (China), AeroVironment (US), and Israel Aerospace Industries (Israel) are prominent players developing multirotor small drones.
Based on mode of operation, fully autonomous segment witness strong growth in market during the forecast period
Based on mode of operation, the small drone market has been classified into fully autonomous, remotely piloted, and optionally piloted. The fully autonomous segment is projected to grow at a significant rate during the forecast period. The growth of this segment can be attributed to the cost-effective usage of autonomous small drones in several applications, ranging from defense operations to surveys.
Autonomous small drones are programmable robots that can perform tasks at high altitudes with high-power capacity. These drones can operate in inaccessible areas and provide high-quality results and data as they are equipped with technologically advanced systems. Currently, the market for autonomous drones is smaller than the market for optionally piloted drones.
Autonomous drones are widely used in various military applications. The US is the largest market for these drones; the growth of the market in this country can be attributed to the increased spending of the US Army on the R&D of drones. Autonomous drones are programmed to launch ammunition and attack targets without receiving data signals from the operator. The Kargu-2 Quadcopter drone developed by STM (Turkey) is an autonomous drone capable of carrying out an autonomous attack.
According to the United Nations (UN), a fully autonomous drone, such as STM Kargu-2 or a drone of some classified nature, was used in a military conflict in Libya in 2020. The autonomous drone, labeled as lethal autonomous weapon system (LAWS), uses machine learning and real-time image processing. As per the UN, the LAWS is programmed to launch warheads without requiring data connectivity from the operator and has “fire, forget, and find” capability, which implies the munition can guide itself to the target independently.
The Asia Pacific regions are projected to be high growth potential markets for the small drone during the forecast period
The small drone market in the Asia Pacific region is anticipated to witness strong growth during the forecast period.
The retail and e-commerce sectors are dominant in Asia Pacific, followed by the healthcare and pharmaceutical sector. China and Japan are key markets for drones used in commercial applications.
The prevailing trends of automation in India, Australia, and China and the ongoing globalization are also fueling the growth of the small drone market in Asia Pacific. Small drones are being increasingly used in the real estate, pollution monitoring, and agriculture sectors to carry out inspections in China and Japan.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for Players in Small Drone Market
4.2 Small Drone Market, by Civil & Commercial
4.3 Small Drone Market, by Defense & Government
4.4 Small Drone Market, by Commercial
4.5 Small Drone Market, by Military
4.6 Small Drone Market, by Government & Law
4.7 Small Drone Market, by Fixed Wing
4.8 Small Drone Market, by Rotary Wing
4.9 Small Drone Rotary Wing Market, by Multirotor
4.10 Small Drone Market, by Battery-Operated
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Surge in Adoption for Civil and Commercial Applications
5.2.1.2 Rising Procurement for Military Applications Like Isr
5.2.1.3 Supportive Government Regulations and Initiatives
5.2.1.4 Growing Demand for Small Patrolling Drones for Marine Border Security
5.2.2 Restraints
5.2.2.1 Lack of Air Traffic Management and Safety and Security Issues
5.2.2.2 Limited Certified Drone Operators
5.2.2.3 Stringent Regulations on Use in Civilian Areas
5.2.3 Opportunities
5.2.3.1 High Investments by Governments, Defense Forces, and Key Players
5.2.3.2 Increased Deployment for Aerial Remote Sensing
5.2.3.3 Growing Use in Providing Wireless Coverage
5.2.3.4 Growing Adoption for Real-Time Traffic Monitoring
5.2.4 Challenges
5.2.4.1 Lack of Sustainable Power Sources to Improve Endurance of Drones
5.2.4.2 Severe Weather Conditions
5.2.4.3 Possible Threats to Safety and Violation of Privacy
5.3 Small Drone Market Ecosystem
5.4 Trends/Disruptions Impacting Customer Business
5.4.1 Revenue Shift and New Revenue Pockets for Small Drone Market
5.5 Technology Analysis
5.5.1 Ai in Small Drones
5.5.2 Lidar Drones
5.6 Value Chain Analysis
5.7 Porter’s Five Forces Analysis
5.8 Key Stakeholders and Buying Criteria
5.8.1 Key Stakeholders in Buying Process
5.8.2 Buying Criteria
5.9 Key Conferences & Events, 2022-2023
5.10 Trade Data Analysis
5.11 Tariff and Regulatory Landscape
5.12 Operational Data
5.13 Pricing Analysis
5.13.1 Asp of Small Drones and Their Components
6 Industry Trends
6.1 Introduction
6.2 Emerging Technology Trends
6.2.1 Microturbine Engine-Powered Drones
6.2.2 High-Altitude Pseudo-Satellite (Haps)
6.2.3 Aerial Target Drones
6.2.4 Drone Manufacturing Using Advanced Materials
6.2.5 Inspection Drones for Confined Spaces
6.2.6 Small Drone Swarm Technology
6.2.7 Synthetic Aperture Radar (Sar)
6.2.8 Multi-Sensor Data Fusion for Small Drone Navigation
6.2.9 Spy Drones
6.3 Use Case Analysis
6.3.1 Aerovironment’s Maritime Initiative
6.3.2 Cargo Drone Field Tests in Amazon Forest in Peru
6.3.3 Mapping Canyons of Ancient National Monument in Colorado, US
6.4 Small Drone Software
6.5 Small Drone Market: Patent Analysis
7 Small Drone Market, by Platform
7.1 Introduction
7.2 Civil & Commercial
7.2.1 Small Drones for Inspection & Monitoring and Aerial Mapping
7.2.2 Micro (250G-2Kg)
7.2.3 Small (2Kg-25Kg)
7.3 Defense & Government
7.3.1 Small Drones for Isr
7.3.2 Nano (25G)
7.3.3 Micro (25G-5Kg)
7.3.4 Mini (5Kg-150Kg)
8 Small Drone Market, by Application
8.1 Introduction
8.2 Military
8.2.1 Growing Demand for Advanced Surveillance
8.2.2 Intelligence, Surveillance, and Reconnaissance (Isr)
8.2.3 Ucav
8.2.4 Delivery
8.3 Commercial
8.3.1 Small Drones Required in Many Industries
8.3.2 Inspection & Monitoring
8.3.3 Remote Sensing
8.3.4 Surveying & Mapping
8.3.5 Product Delivery
8.3.6 Aerial Imaging
8.3.7 Industrial Warehousing
8.3.8 Others
8.4 Government & Law Enforcement
8.4.1 Adoption of Small Drones for Homeland Security
8.4.2 Border Management
8.4.3 Traffic Monitoring
8.4.4 Firefighting & Disaster Management
8.4.5 Search & Rescue
8.4.6 Police Operations & Investigations
8.4.7 Maritime Security
8.5 Consumer
8.5.1 Growing Use of Small Drones for Recreational Activities
8.5.2 Prosumers
8.5.3 Hobbyists
9 Small Drone Market, by Type
9.1 Introduction
9.2 Fixed-Wing
9.2.1 High Demand due to Long-Range Capabilities
9.2.2 Ctol
9.2.3 Vtol
9.3 Rotary-Wing
9.3.1 Surged Demand in Commercial and Military Isr Applications
9.3.2 Single Rotor
9.3.3 Multirotor
9.3.3.1 Bicopters
9.3.3.2 Tricopters
9.3.3.3 Quadcopters
9.3.3.4 Hexacopters
9.3.3.5 Octocopters
9.4 Hybrid
9.4.1 Increased Endurance with Hybrid Design
10 Small Drone Market, by Mode of Operation
10.1 Introduction
10.2 Remotely Piloted
10.2.1 Increased Adoption as Man-Portable Equipment in Armies
10.3 Optionally Piloted
10.3.1 Extensive Use in Military and Commercial Applications
10.4 Autonomous
10.4.1 Efficient in Surveying Inaccessible Areas
11 Small Drone Market, by Power Source
11.1 Introduction
11.2 Fuel Powered
11.2.1 Longer Flight Time for Delivery Applications
11.2.2 Piston Engines
11.2.3 Turbo Engines
11.2.4 Pulsejets
11.3 Battery Operated
11.3.1 Higher Endurance and Reduced Weight
11.3.2 Lithium-Ion
11.3.3 Fuel Cell
11.3.4 Nickel
12 Regional Analysis
13 Competitive Landscape
13.1 Introduction
13.2 Company Overview
13.3 Ranking Analysis of Key Players in Small Drone Market
13.4 Revenue Analysis
13.5 Market Share Analysis
13.6 Competitive Evaluation Quadrant
13.6.1 Stars
13.6.2 Emerging Leaders
13.6.3 Pervasive Players
13.6.4 Participants
13.7 Start-Up/Sme Evaluation Quadrant
13.7.1 Progressive Companies
13.7.2 Responsive Companies
13.7.3 Starting Blocks
13.7.4 Dynamic Companies
13.7.4.1 Competitive Benchmarking
13.8 Competitive Scenario
13.8.1 Market Evaluation Framework
13.8.2 Recent Developments
14 Company Profiles
14.1 Introduction
14.2 Key Players
14.2.1 Dji
14.2.2 Parrot Drone Sas
14.2.3 Northrop Grumman Corporation
14.2.4 Raytheon Technologies Corporation
14.2.5 Israel Aerospace Industries Ltd.
14.2.6 Teledyne Flir LLC
14.2.7 Aerovironment, Inc.
14.2.8 The Boeing Company
14.2.9 Textron Inc.
14.2.10 Lockheed Martin Corporation
14.2.11 Bae Systems plc
14.2.12 Thales Group
14.2.13 Elbit Systems Ltd.
14.2.14 Saab Ab
14.2.15 Aeronautics Ltd
14.3 Other Players
14.3.1 Delair
14.3.2 Microdrones
14.3.3 Turkish Aerospace Industries
14.3.4 Shield Ai
14.3.5 Instanteye Robotics
14.3.6 Flyability
14.3.7 Autel Robotics
14.3.8 Skydio, Inc.
14.3.9 Volansi, Inc.
14.3.10 Dynetics, Inc.
15 Appendix
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