Small UAV Market Outlook and Forecast 2027: Growth Factors, Trends, and Top Companies Analysis for Business Development
Global Small UAV Market by Types (Micro UAV and Mini UAV), by Applications (Civil & Commercial and Military & Defense), and by Geography – Forecast To 2021
Study Objectives of Small UAV Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Small UAV Market
- To provide insights about factors affecting the market growth
- To analyse the Global Small UAV Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country-level analysis of the market with respect to the current market size and future prospective
- To provide country-level analysis of the market for segment by types and applications
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Small UAV Market
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Market Synopsis of Small UAV Market
The global small UAV market is expected to reach $XX billion by 2021, to grow at a CAGR of around 7%. The growing demand of UAVs in civil and commercial application, increased procurement of military UVAs globally are the major drivers of the market. Technological innovation, economical acquisition and operation have led to the rapid growth of commercial small UAVs market.
- By 2021, Civil and Commercial application market would have around 45% of market share
- Demand for small UAVs is rapidly increasing from emerging and developing nations to counter national security threat
- China is the major driving market for small UAV. It is anticipated to grow parallel with China’s commitment of growing utilization of unmanned systems, particularly for military applications
- Asia Pacific will register the maximum growth during the forecast period, followed by Americas and EMEA
The leading market players in the global small UAV market primarily include AeroVironment, Elbit Systems, Israel Aerospace Industries Ltd., SAAB, Thales, Lockheed Martin, Aeronautics Limited, and Northrop Grumman
Regional & Country Analysis of Small UAV Market
As per the MRFR analysis, the Americas Small UAV market is poised to reach $XX billion in 2021, to grow at a CAGR of around 7% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at a CAGR of around XX% and XX% respectively .
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The market report for Small UAV Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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