The global demand for Multirotor Drone Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Multirotor drones are unmanned aerial vehicles (UAVs) with advanced technology and wireless drones. These use a large number of fixed rotors to control their flight by varying the relative speeds of the rotors. Multirotor drone has more than two rotors; each spin at a fixed pitch to produce lift. These can climb, hover, or drop by adjusting the rotor speed such that the thrust produced is higher than, equal to, or less than the forces exerted on the airplane by drag and gravity.
Market Dynamics
The multirotor drone market is expanding due to the increasing use of UAVs in military and law enforcement applications. Moreover, the multirotor drone is very simple to use for various short-range applications. As a result, users prefer it over other types of drones, and it has become very popular in commercial, government, defence, and personal applications. Further, multirotor drone contributes to industries such as agriculture, traffic monitoring, media & entertainment, and environmental research. Technological advancements and the ability to perform in extreme situations are some key factors responsible for the increased adoption of multirotor drones in the commercial sector. However, a lack of skilled operators may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of multirotor drone. The growth and trends of multirotor drone industry provide a holistic approach to this study.
Market Segmentation
This section of the multirotor drone market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End-Use
- Military & Government
- Commercial
- Consumer
By Payload
- Camera & Imaging Systems
- Control Systems
- Tracking Systems
- Others
By Type
- Quadcopters
- Hexacopters
- Tricopters
- Octocopters
By Application
- Surveillance, Inspection, & Monitoring
- Mapping & Surveying
- Aerial Photography
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Multirotor Drone market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Multirotor Drone Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the multirotor drone market include AeroVironment, Inc., SZ DJI Technology Co., Ltd., Autel Robotics, ideaForge Technology Pvt. Ltd., Draganfly Inc., Embention Sistemas Inteligentes SA, Aero Systems West Inc., Australian UAV Pty Ltd, Centeye, Inc., and Cyberhawk Innovations Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
