Commercial and Military-based End Use Applications Thrusts Growth —
Small drones or UAVs (unmanned aerial vehicles) are gaining strong adoption traction to align with multiple end-use industries, comprising commercial delivery, precision agriculture, monitoring and espionage besides defense. To understand growth scope in small drones space and ongoing initiatives to establish a strong foothold of small drone market in the foreseeable future, Adroit Market Research has added a new research study offering to its diverse and burgeoning online data archive.
One of the newest forms of small drones, likely to witness amplified adoption is the nano drones which are amalgamation of multiple features compiled into a singular tool.
Nano drones owing to their miniature size and user convenience backed by portability, seem to find ample usability in defense vertical. Leading market participants are investing increasingly towards product refurbishments besides advances R&D expeditions to align with industry demands.
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Some of the Important and Key Players of the Global Small Drones Market:
Northrop Grumman, Elbit Systems, Israel Aerospace Industries, Aerovironment, Lockheed Martin, Boeing, Aeronautics, Thales, DJI, Parrot, 3D Robotics, Textron, Raytheon, Turkish Aerospace Industries, Saab, and Microdrones.
One of the most significant developments in small drone ecosystem amidst the lingering implications of corona virus pandemic is extensive adoption of small drones in ensuring contactless delivery to maintain highest safety quotient. COVID-19 seems to be unboxing unique opportunities favoring seamless market expansion in small drones market.
However, dearth in skill set amongst pilots and stringency in regulatory framework anticipated to withhold growth spurt significantly.
Small Drones Market Segmentation
Type Overview, 2018-2028 (USD Billion)
Application Overview, 2018-2028 (USD Billion)
Civil & Commercial
Power Source Overview, 2018-2028 (USD Billion)
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FLIR Undersigns Novel Agreement with the US Army to Offer Nano Drones with Advanced Automation Properties
One of the most vital developments in nano drone space has been the recent commercial agreement between FLIR and Black Hornet to design new age, high end nano drones. In a new announcement, FLIR has acknowledged its new undersigned contract agreement with the US Army to support NBCRV SSU program.
The company is chosen to harness US Army's nuclear, biological and chemical sensor suite with advanced autonomous CBRN sensors for increased capabilities. The new version of FLIR designed small drones will have advanced sensor fusion and automation capabilities to enhance decision making eying mission completion. The development is a notable one pushing ample growth thrust to small drones market in the coming years.
Proceeding further in the report, market players and report readers are presented with exponential business insights on market segmentation followed in small drone market. Type, application and power source comprise major segment variants. BY type small drones are diversified into fixed, rotary and hybrid wing. By application, consumer, military, civil and commercial and homeland security are identified as crucial segment components. Small drones market is effectively diversified on the basis of power source as well, highlighting lithium-ion, solar cell, fuel cell, and hybrid cell as dominant segment variants.
Some Major Points from Table of Contents:
TABLE 1 Market Snapshot: Small Drones Market
TABLE 2 Small Drones Market for Fixed Wing by Region, 2018-2028, USD Billion
TABLE 3 Small Drones Market for Rotary Wing Type, by Region, 2018-2028, USD Billion
TABLE 4 Small Drones Market for Hybrid Type, by Region, 2018-2028, USD Billion
TABLE 5 Small Drones Market for Military, by Region, 2018-2028, USD Billion
TABLE 6 Small Drones Market for Civil & Commercial, by Region, 2018-2028, USD Billion
TABLE 7 Small Drones Market for Homeland Security, by Region, 2018-2028, USD Billion
TABLE 8 Small Drones Market for Lithium-ion, by Region, 2018-2028, USD Billion
TABLE 9 Small Drones Market for Solar Cell, by Region, 2018-2028, USD Billion
TABLE 10 Small Drones Market for Fuel Cell, by Region, 2018-2028, USD Billion
TABLE 11 Small Drones Market for Hybrid Cell, by Region, 2018-2028, USD Billion
TABLE 14 North America Small Drones Market by Country, 2018-2028, USD Billion
TABLE 15 North America Small Drones Market by Type, 2018-2028, USD Billion
TABLE 16 North America Small Drones Market by Application, 2018-2028, USD Billion
TABLE 17 North America Small Drones Market by Power Source, 2018-2028, USD Billion
A clear understanding of the regional scope of small drones market reveals that the entire geographical expanse of small drones market is extensively demarcated into five dominant regional belts comprising Europe, South America, MEA, North America, and APAC. Elbit Systems, Aerovironment and Boeing represent industry forerunners in global small drones market.
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