New York, NY, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Small Drones Market By Product (Fixed Wing, Hybrid/Transitional, and Rotary Wing), By Maximum Takeoff Weight (Less Than 5 Kilograms, 5 to 25 Kilograms, and 25 to 150 Kilograms), By Size (Micro and Mini), and By Application (Civil & Commercial, Military, Consumer, and Homeland Security): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global small drones market was USD 11.8 billion in 2018 and is expected to reach approximately USD 35.5 billion by 2025, growing at a CAGR of slightly above 17.1% between 2019 and 2025.

Miniature and micro unmanned air vehicles (UAV) are considered as small drones or small unmanned air vehicles (SUAV). These UAVs are extensively compact and can be easily carried by an infantryman. These drones are often used by novice drone pilots who are discovering the UAV world.

Browse through 71 Tables & 30 Figures spread over 215 Pages and in-depth TOC on “Global Small Drones Market Size & Share 2018 Report: By Type, Applications, Industry Trends, Analysis and Forecast to 2025”.

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The small drones market globally is the increasing number of security concerns at the international level. In major events, these drones are highly preferred for surveillance applications in large cities. The growing demand for safety and surveillance applications is also accelerating the small drones market to a great extent. In order to precisely gather accurate sensitive data by using advanced drones, shortage of skilled drone pilots is observed for both military and commercial purposes. This dearth of skilled workforce is restraining this global market to some extent. Moreover, the rise in the demand for small drones for aerial remote sensing and federal applications are anticipated to generate new market opportunities over the forecast timeframe.

The worldwide small drones market is classified based on the product, maximum takeoff weight, size, and application. The product segment includes hybrid/transitional, rotary wing, and fixed wing. The fixed wing segment is projected to attain a substantial market share in the future, as these drones can cover a wide area in short duration along with showing high endurance. The demand for rotary wing drones is anticipated to grow significantly over the forecast timeframe.

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By maximum takeoff weight, the market includes 25 to 150 kilograms, 5 to 25 kilograms, and less than 5 kilograms. By size, the small drones market comprises micro and mini. Numerous countries globally are significantly opting for micro drones for various military missions. The application segment includes healthcare, military, civil and commercial, consumer, and homeland security. The military segment will hold a notable market share by the end of 2019. Many developing economies are investing in small drone development with the motive of enhancing their respective military surveillance capability.

With a prominent presence of globally renowned manufacturers of small drones, North America will account for the largest share of the small drones market globally. The U.S. and Canada are observed to be major contributors in this regional market. Some major small drone manufacturers headquartered in the U.S. are Boeing, Northrop Grumman, AeroVironment, and 3D Robotics. Mexico is anticipated to witness notable growth due to increasing government initiatives in the security and surveillance sector. In 2007, Mexico and the U.S. founded the Mérida Initiative, security, and rule-of-law partnership, to address drug trafficking and crimes. The compact size of small drones is highly preferred for safety surveillance in critical situations. Since the demand for small drones is significantly emerging worldwide, the leading market players are engaged in market-relevant business activities in the region to gain additional market share.

Browse the full “Small Drones Market By Product (Fixed Wing, Hybrid/Transitional, and Rotary Wing), By Maximum Takeoff Weight (Less Than 5 Kilograms, 5 to 25 Kilograms, and 25 to 150 Kilograms), By Size (Micro and Mini), and By Application (Civil & Commercial, Military, Consumer, and Homeland Security): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/small-drones-market

The Asia Pacific is estimated to witness the highest growth in the small drones market globally in the years ahead, owing to the increasing drones demand for military and commercial applications by numerous Asian economies, such as India, Japan, and China. In recent years, these countries have been observing an increase in their respective military budgets on a yearly basis, which is simultaneously driving the small drones market in the Asia Pacific. India is anticipated to witness remarkable market growth from 2019 to 2025. In 2018, the military expenditure contributed 2.4% to the Indian GDP.

The small drones market in Europe will grow notably in the future, owing to the diversified drone applications in numerous industry verticals. With topmost military expenditure, France will account a notable market share. Rising market demand for small drones for homeland security applications plays a crucial role in driving this regional market. Small drones assist in improving situational awareness by continuously monitoring remote locations. Homeland and security market in Europe is projected to grow at a CAGR of 9.5% from 2015 to 2022.

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Some leading players involved in the small drones market are Lockheed Martin Corporation, Textron, AeroVironment, 3D Robotics, The Boeing Company, BAE Systems, Thales Group, Parrot, Elbit Systems, SAAB, and Israel Aerospace Industries.

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This report segments the global small drones market into:

Small Drones Market: Product Analysis

  • Fixed Wing
  • Hybrid/Transitional
  • Rotary Wing

Small Drones MarketMaximum Takeoff Weight (MTOW) Analysis

  • Less Than 5 Kilograms
  • 5 to 25 Kilograms
  • 25 to 150 Kilograms

Small Drones Market: Size Analysis

  • Micro
  • Mini

Small Drones Market: Application Analysis

  • Civil and Commercial
  • Military
  • Consumer
  • Homeland Security

Small Drones MarketRegional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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