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Multirotor Drones Market by Application , Payload , Region - Forecast to 2020

Multirotor Drones Market: Forecast until 2020

  • June 2015
  • 159 pages
  • ID: 3024653
In this report:
Owing to the increasing applications of drones and innovation in drone technology across the globe, the market is expected to grow at a significant CAGR of ##.##% to reach $##,##.## million in 2020.
The agriculture segment is expected to account for the second-largest share in 2015 and is projected to reach $##.## million by 2020, at a CAGR of ##.##% during the forecast period.

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The multirotor drones market report offersa complete review of the market across the forecast period of five years between 2015 and 2022. It offers an study of the factors that drive the industry, restrain the increase of the market, and the opportunities faced by the sector.

The main factors driving the sector are the growing use of drones in law enforcement and for non-military applications. Nevertheless, the strict airspace regulations and defense budget cuts in some nations are selecting the increase of this market.

The study discusses the top sector, market, and technology trends that influence the multirotor drones market. Wherein, huge investments in Research and development are the recent industry trend for the immerging SUAV market.

The report tracks, examines, and lays out the market size of main defense spenders in regions including North America, Europe (EU), the Middle East (ME), Asia-Pac, Latin America area, and African continent, and offers the market share by sub-sectors that is,applications, payloads, and propulsion systems. It offers an insight into regional trends on spending, examines market value by area, and also provides the information on the spending pattern by sub-sector.

The leading competitors in the overall multirotor drones market contain, AeroVironment INC, DJI Innovations, Microdrones GmBH, 3D Robotics, and Aeryon Labs. The general overview of these firms, their financial position, main products, and segment market share, are discussed in the analysis.

The market research highlights the revenue review of the main applications with respect to countries including the U.S., the United Kingdom, Russian Federation, Germany (DE), Israel (IL), China (CN), India (IN), and Japan (JP).Different firms and government efforts in Ukraine and South Africa (ZA), as well as in Israel, have entered into contracts to offer micro-UAVs to Australia, Canada (CA), England, and Singapore (SG). Department of Defense inventories and funding of Unmanned Aircraft System are anticipated to continue the gradual upward increase trend during the outlook period.

The multirotor drones market will be dominated by commercial & civil application. The main market for this application will be the U.S.A, China (CN), India (IN), and Israel (IL), and will be the leader in production of SUAVs in the upcoming future.

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