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Major factor driving growth of the global small drones market is increasing demand from defense sector for security and surveillance purpose.

Global small drones market is segmented on the basis of size (mini drones and micro/Nano drones), type (fixed wing and rotary wing), application (defense and commercial), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

The size segment of global small drones market is segmented on the basis of mini drones and micro/Nano drones. The mini drones segment is estimated to dominate the global small drones market. The micro/Nano drones segment is projected to register highest CAGR over the forecast period.

The type segment of global small drones market is segmented on the basis of fixed wing and rotary wing. The rotatory wing segment is estimated to dominate the global small drones market. The fixed wings drones segment is projected to register highest CAGR over the forecast period.

The application segment of global small drones market is segmented on the basis of defense and commercial.

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On the basis of region, the global small drones market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

The market in North America is expected to account for largest share in the global market in terms of revenue, owing to increasing demand from defense sector in countries in the region.  The market in Asia Pacific is expected to account for significant revenue share in the global market. The market in Asia Pacific is projected to register lucrative CAGR in terms of revenue over the forecast period, owing to increasing demand from commercial sector and presence of major players operating in emerging economies in this region.

Key players operating in the global small drones market include 3D Robotics Inc., BAE Systems, Inc., The Boeing Company, Lockheed Martin Corporation, Aerovironment Inc., SAAB AB, Thales Group, Textron Inc., Elbit Systems, Ltd., and Parrot SA.

 

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