Small Drones Market Outlook to 2027 – Lead by Lockheed Martin, Boeing, Thales Group, Elbit Systems, Israel Aerospace Industries, Turkish Aerospace, SAAB AB, Micro Drones, Northrop Grumman
The airborne drones have gained immense popularity over the decades. Initially, the drones were developed for the military purpose, however, with the advent of drones for the usage in commercial applications, the market for drones witnessed exponential growth trajectory. In recent years, the technology leaders along with several aerospace companies are introducing miniaturized technologies, which is attracting several commercial consumers, defense forces and law enforcement agencies across the globe.
This factor is a key driving factor for the small drones market. Another factor catalyzing the growth of small drones market is the increasing application in maritime patrol by the defense forces and homeland security teams. In recent years, several well-established parcel delivery service companies use small UAVs to deliver the consignment within a short span of time.
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Leading Small Drones Market Players: Lockheed Martin Corporation, Boeing, Thales Group, Elbit Systems Ltd., Israel Aerospace Industries, Turkish Aerospace Industries, SAAB AB, Micro Drones, Northrop Grumman Corporation, and DJI among others.
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Connected Ship Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The procurement of small UAV in the parcel delivery industry is increasing, and as a result, the small drones market is escalating year on year. The manufacturers of small drones are constantly upgrading their technologies to increase the payload, which is anticipated to boost the small drones market in the coming years.
Small Drones Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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