Multirotor Drones Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-770 | Report Format : | Status : Upcoming |

Abstract

Global Multirotor Drones Market: Overview

The operation of multirotor drones is much simpler as compared to other drones and is hence preferred over the other types of drones. By changing the speed of the rotor and through the adjustment of thrust produced by each rotor, multirotor drones can be controlled. Application of multirotor drones is seen in business and commerce, defense and law enforcements. There will be a significant increase in the use of multirotor drones in defense and law enforcement vertical and a substantial growth in the market for multirotor drones will be visible.

Global Multirotor Drones Market: Segmentation

The global multirotor drones market is segmented into its payload, application, and geography. On the basis of payload, the global market is divided into cameras, electro-optical sensors, wireless HD video transmission systems, Wi-Fi, LiDAR, GPS/INS, laser designators, chemical, biological, radiological and nuclear (CBRN) sensors, and sense and avoid/tracking system. On the basis of application, the global multirotor drones market is segregated into aerial shooting, law enforcement, defense environment inspection and business and commerce. Diversification of the global multirotor market is seen into regions such as North America, Europe, Asia-Pacific, the Middle East and Africa and Latin America.

Global Multirotor Drones Market: Growth Factors

Features of multirotor drones such as efficiency, ability to endure extreme conditions, advancement in technology in this field and innovations carried out on multirotor drones are expected to grow the global market significantly. In addition, use of multirotor drones in non-military applications such as aerial shooting, environmental inspection, agriculture, sports coverage has positively influenced the global multirotor drones market. Benefits derived from multirotor drones include flexibility in operation, low operational cost, low cost of ownership and high precision in action, which are driving the multirotor drones global market. In the coming future, a major share of demand may be visible from the business and commerce sector due to which the potential for growth of the global market will increase appreciably. However, factors hampering the growth of the global multirotor drones market include declining defense budgets, procedural issues, lack of skilled pilots, and air traffic management norms in terms of compulsory supervision on the drone.

Global Multirotor Drones Market: Regional Analysis

Asia Pacific and the Middle East are anticipated to grow at the fastest rate in the multirotor drones market. Major reasons for this growth can be attributed to the political unrest and disputes in these regions. India, China, South Korea, and Australia are the new growth regions in Asia Pacific owing to the high investments made in research and development. Growth in North America and Europe is expected to be on a slower pace due to the budget cuts and economic downturn. Countries such as the U.S. and the U.K. are experiencing economic difficulties. A considerable amount of growth is seen in France, and Germany in Europe. The budget cut is anticipated to slow down the defense industry and adversely impact the multirotor drones market in North American and European regions. The Rest of the World region has a potential for growth in the multirotor drones market.

Global Multirotor Drones Market: Competitive Players

Some of the major companies in the global multirotor drones are DJI Innovation, AeroVironment Inc., Microdrones GmbH, Israel Aerospace Industries, 3D Robotics, Draganfly Innovations, Aibotix, Cyberhawk Innovation Ltd., Coptercam, and Aeryon Labs.

Global Multirotor Drones Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Storage as a Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5513 | Report Format:

Global Storage as a Service Market: Overview Storage as a Service, also known as hosted storage, can be described as an enterprise model where an organization, usually a large one, rents its storage framework to another organization or people to be able to store data. Smaller organizations or pe...Read More

Service Lifecycle Management Application Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5512 | Report Format:

Global Service Lifecycle Management Application Market: Overview Service lifecycle management application encompasses integration of each and every aspect of a products life cycle, right from its conception up to its disposal. It merges the underpinning vision of an organization regarding the ma...Read More

Internet of Everything Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5509 | Report Format:

Global Internet of Everything Market: Overview Internet of Everything (IoE) comprises the organization of computing devices gadgets that are interrelated particularly in the current web framework. It is an organized association of individuals, cycle, information, and things. The rise of Internet...Read More

Digital Marketing Analytics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5508 | Report Format:

Global Digital Marketing Analytics Market: Overview Content advertising has become an advantageous option for organizations and brands to reach and connect with their primary customers, subsequently boosting their net revenue. Social media sites, for example, Facebook, and Instagram offer a gold...Read More

Automated Sortation System Market By System (Loop Sortation and Linear Sortation), By End Use Industry (Food & Beverages, Pharmaceutical, Transportation & Logistics, Retail, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Dec-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5505 | Report Format:

Global Automated Sortation System Market: Overview Automated sortation systems are used in picking environments. These systems are used for identifying products over a conveyor system and diverting them to the desired destination. There are various types of automated sorters such as crossbelt so...Read More

Request Free Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.