Small Drones Market Size, Share, Growth Analysis, 2032
Small Drones Market By Product (Fixed Wing, Hybrid/Transitional, And Rotary Wing), By Maximum Takeoff Weight (Less Than 5 Kilograms, 5 To 25 Kilograms, And 25 To 150 Kilograms), By Size (Micro And Mini), By Application (Civil & Commercial, Military, Consumer, And Homeland Security), and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024–2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 5.73 Billion | USD 21.95 Billion | 16.22% | 2023 |
Small Drones Market: Industry Perspective
The global small drones market size was worth around USD 5.73 billion in 2023 and is predicted to grow to around USD 21.95 billion by 2032 with a compound annual growth rate (CAGR) of roughly 16.22% between 2024 and 2032.
The report covers forecasts and analyses for the small drone market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes the drivers and restraints of the small drones market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the small drones market on a global level.
This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Global Small Drones Market Size: Segmentation
The global small drones market is fragmented based on product, maximum takeoff weight (MTOW), size, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Small Drones Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Small Drones Market |
| Market Size in 2023 | USD 5.73 Billion |
| Market Forecast in 2032 | USD 21.95 Billion |
| Growth Rate | CAGR of 16.22% |
| Number of Pages | 240 |
| Key Companies Covered | Lockheed Martin Corporation, Textron, AeroVironment, 3D Robotics, The Boeing Company, BAE Systems, Thales Group, Parrot, Elbit Systems, SAAB, Israel Aerospace Industries, and others. |
| Segments Covered | By Product, By Maximum Takeoff Weight (MTOW), By Size, By Application, and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Small Drones Market: Regional Analysis
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is poised for explosive growth in the small drone market, driven primarily by a surge in military demand. Several Asian economies, including India, Japan, and China, have been steadily increasing their military budgets in recent years. This influx of funding is specifically fueling the acquisition of small drones for various military applications, propelling the market forward in the Asia Pacific.
Small Drones Market: Competitive Analysis
The global small drones market is dominated by players like:
- Lockheed Martin Corporation
- Textron
- AeroVironment
- 3D Robotics
- The Boeing Company
- BAE Systems
- Thales Group
- Parrot
- Elbit Systems
- SAAB
- Israel Aerospace Industries
This report segments the global small drones market into:
Small Drones Market: Product Analysis
- Fixed Wing
- Hybrid/Transitional
- Rotary Wing
Small Drones Market: Maximum Takeoff Weight (MTOW) Analysis
- Less Than 5 Kilograms
- 5 to 25 Kilograms
- 25 to 150 Kilograms
Small Drones Market: Size Analysis
- Micro
- Mini
Small Drones Market: Application Analysis
- Civil and Commercial
- Military
- Consumer
- Homeland Security
Small Drones Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Table Of Content
Methodology
Free Analysis
FrequentlyAsked Questions
Small drones, also known as mini drones or consumer drones, are a compact and accessible entry point to the world of unmanned aerial vehicles (UAVs). These pocket-sized marvels typically weigh less than 250 grams, making them light enough to hold comfortably or tuck away in a backpack. While they may not boast the advanced features of their larger counterparts, small drones often come equipped with cameras, allowing for creative aerial photography and videography.
According to a study, the global small drones market size was worth around USD 5.73 billion in 2023 and is expected to reach USD 21.95 billion by 2032.
The global small drones market is expected to grow at a CAGR of 16.22% during the forecast period.
Asia Pacific is expected to dominate the small drones market over the forecast period.
Leading players in the global small drones market include Lockheed Martin Corporation, Textron, AeroVironment, 3D Robotics, The Boeing Company, BAE Systems, Thales Group, Parrot, Elbit Systems, SAAB, and Israel Aerospace Industries, among others.
The small drones market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
Choose License Type
RelatedNews
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed