In-depth analysis of the multirotor drone market segmentation assists to determine the prevailing market opportunities.
The multirotor drone market was valued at $1.86 billion in 2021, and is estimated to reach $6.30 billion by 2031, growing at a CAGR of 13.1% from 2022 to 2031.โ
WILMINGTON, DE, UNITED STATES, December 20, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โMultirotor Drone Market," The multirotor drone market was valued at $1.86 billion in 2021, and is estimated to reach $6.30 billion by 2031, growing at a CAGR of 13.1% from 2022 to 2031.โ Allied Market Research
North America is expected to dominate the global multirotor drone market in 2021. North America is a technologically advanced region and thus, adoption rate of drone technology is higher. The region has observed a significant surge in the use of advanced unmanned autonomous systems (UAS) technologies to reduce human labor and improve output quality across a variety of industries. The countries in North America are substantially investing in the adoption of drone services to improve the efficiency of their operations. The presence of premier defense equipment manufacturers in the North American region further increases the contribution of the North American countries in the global multirotor drone market.
The military and government segment accounted for a major share in 2021. Military drones are gaining increased traction due to upsurge in defense budget of different nations, increase in rivalry between neighboring nations, and greater need for surveillance in remote locations. Moreover, advancements in technology enables drone manufacturers to develop advanced solutions to perform several tasks during a critical military missions. Manufacturers are developing multirotor drones with the capabilities of fixed wing drones. These factors collectively are expected to contribute toward the growth of the global market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ (303 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ https://www.alliedmarketresearch.com/request-sample/A09185
The growth of the global multirotor drone market is propelled due to surge in nonmilitary applications and demand for drone operability in extreme conditions. However, limited operational bandwidth of the drones and stringent drone regulations are the factors that are likely to hamper the expansion of the market. Furthermore, technological advancements are expected to offer growth opportunities during the forecast period.
KEY FINDINGS OF THE STUDY
By type, the octocopters segment is anticipated to exhibit significant growth in the near future.
By payload, the tracking systems segment is anticipated to exhibit significant growth in the near future.
By application, the others segment is anticipated to exhibit significant growth in the near future.
By end-use, the commercial segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
Key players operating in the global multirotor drone market include Aero Systems West Inc.
Aerovironment, Inc.
AUAV (Australian UAV Pty Ltd.)
Autel Robotics
Centeye, Inc.
Cyberhawk Innovations Ltd.
DJI Innovations
Draganfly Inc.
Embention
IdeaForge Technology Pvt. Ltd.
Israel Aerospace Industries (IAI)
Microdrones GmbH
Parrot Drone SAS
Tomahawk Robotics Inc.
XAG Co. Ltd.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/A09185
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the multirotor drone market analysis from 2021 to 2031 to identify the prevailing multirotor drone market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the multirotor drone market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global multirotor drone market trends, key players, market segments, application areas, and market growth strategies.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aircraft-lighting-market-A06273
๐๐๐ซ๐จ-๐๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/zero-emission-aircraft-market-A11848
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ง๐ฌ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aircraft-sensors-market-A06225
David Correa
Allied Market Research
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