The latest update of “Global Micro Drone Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Micro Drone Market.
Overview of the Micro Drone Market:
A micro drone is a miniature unmanned aerial vehicle (UAV) which may not be autonomous. The modern micro air vehicles can be only a few centimeters in size and are being developed for research, commercial, military, and government applications. The size of the insects is expected to be much smaller in the future. In the near future, it is possible to get an insect-sized drone. This technology provide a number of benefits for the aerospace industry and allow for more efficient, safe and environmentally-friendly air travel.
Increasing adoption of small drone in military sector is one of the significant factor driving growth of the micro drone market. Growing investment in defense sector is another major factor boosting growth of the market. Total global military expenditure rose to $1981 billion last year, an increase of 2.6 percent in real terms from 2019, according to new data published today by the Stockholm International Peace Research Institute (SIPRI). These drones are majorly used for monitoring, precision agriculture, surveying &mapping, remote sensing, and product delivery.
North America is expected to witness significant growth over the forecast period owing to the advancement in technology. For instance, in October 2021, Husban has launched the new Zino Mini drone.It is a lightweight and compact drone, with the company’s tagline for it stating that it aims to “let more people fly.” The Zino Mini weigh just 249 grams and sports a 1/1.3 inch CMOS sensor that is capable of shooting at 4K resolution at 30 fps.
Key Developments:
- In September 2020, ideaForge, the manufacturer of drones for defence, homeland security, and industrial applications, has launched its new drone RYNO, a micro category (<2 kg) survey-grade drone designed and specialized for high accuracy mapping applications.
- In July 2021, GE and Microdrones have entered into a worldwide licensing partnership, where Microdrones will bring the GE industrial drone line to market globally, providing professionals access to powerful aerial surveying technology that will enable them to work more efficiently, accurately, safely and profitably.
- In November 2021, ModalAI® introduced two new products that help developers create smaller, smarter and safer robots and drones quickly and easily – the VOXL CAM™ perception engine and the Seeker™ micro-development drone
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Micro Drone Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Micro Drone Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- 3DR
- AeroVironment Inc.
- Autel Robotics
- DJI
- Elbit Systems Ltd.
- Hubsan
- Israel Aerospace Industries Ltd.
- Kespry Inc.
- senseFly
- Skydio, Inc.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Micro Drone Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Fixed-Wing
- Rotary-Wing
- Hybrid or Transitional
By Applications, the market is segmented into:
- Military
- Civil & Commercial
- Homeland Security
- Consumer
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Micro Drone Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Micro Drone Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Micro Drone Market
1.6.1 How the Covid-19 is Affecting the Micro Drone Market
1.6.1.1 Micro Drone Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Micro Drone Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Micro Drone Market Perspective (2015-2028)
2.2 Micro Drone Market Growth Trends by Regions
2.2.1 Micro Drone Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Micro Drone Market Historic Market Share by Regions (2015-2021)
2.2.3 Micro Drone Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Micro Drone Market Growth Strategy
2.3.6 Primary Interviews with Key Micro Drone Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Micro Drone Market Players by Market Size
3.1.1 Global Top Micro Drone Market Players by Revenue (2015-2021)
3.1.2 Global Micro Drone Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Micro Drone Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Micro Drone Market Concentration Ratio
3.2.1 Global Micro Drone Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Micro Drone Market Revenue in 2019
3.3 Micro Drone Market Key Players Head office and Area Served
3.4 Key Players Micro Drone Market Product Solution and Service
3.5 Date of entering into Micro Drone Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Micro Drone Market Historic Market Size by Type (2015-2021)
4.2 Global Micro Drone Market Forecasted Market Size by Type (2021-2028)
5 Micro Drone Market Breakdown Data by Application (2015-2028)
5.1 Global Micro Drone Market Size by Application (2015-2021)
5.2 Global Micro Drone Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Micro Drone Market Size (2015-2021)
6.2 Micro Drone Market Key Players in North America (2019-2021)
6.3 North America Micro Drone Market Size by Type (2015-2021)
6.4 North America Micro Drone Market Size by Application (2015-2021)
7 Europe
7.1 Europe Micro Drone Market Size (2015-2021)
7.2 Micro Drone Market Key Players in Europe (2019-2021)
7.3 Europe Micro Drone Market Size by Type (2015-2021)
7.4 Europe Micro Drone Market Size by Application (2015-2021)
8 China
8.1 China Micro Drone Market Size (2015-2021)
8.2 Micro Drone Market Key Players in China (2019-2021)
8.3 China Micro Drone Market Size by Type (2015-2021)
8.4 China Micro Drone Market Size by Application (2015-2021)
9 Japan
9.1 Japan Micro Drone Market Size (2015-2021)
9.2 Micro Drone Market Key Players in Japan (2019-2021)
9.3 Japan Micro Drone Market Size by Type (2015-2021)
9.4 Japan Micro Drone Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Micro Drone Market Size (2015-2021)
10.2 Micro Drone Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Micro Drone Market Size by Type (2015-2021)
10.4 Southeast Asia Micro Drone Market Size by Application (2015-2021)
11 India
11.1 India Micro Drone Market Size (2015-2021)
11.2 Micro Drone Market Key Players in India (2019-2021)
11.3 India Micro Drone Market Size by Type (2015-2021)
11.4 India Micro Drone Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Micro Drone Market Size (2015-2021)
12.2 Micro Drone Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Micro Drone Market Size by Type (2015-2021)
12.4 Central & South America Micro Drone Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Micro Drone Market Introduction
13.4 Micro Drone Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Micro Drone Market Key Market Segments
Table 2. Key Players Covered: Ranking by Micro Drone Market Revenue
Table 3. Ranking of Global Top Micro Drone Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Micro Drone Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Micro Drone Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Micro Drone Market Players to Combat Covid-19 Impact
Table 10. Global Micro Drone Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Micro Drone Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Micro Drone Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Micro Drone Market Share by Regions (2015-2021)
Table 14. Global Micro Drone Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Micro Drone Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Micro Drone Market Growth Strategy
Table 20. Main Points Interviewed from Key Micro Drone Market Players
Table 21. Global Micro Drone Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Micro Drone Market Share by Players (2015-2021)
Table 23. Global Top Micro Drone Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Micro Drone Market as of 2019)
Table 24. Global Micro Drone Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Micro Drone Market Product Solution and Service
Table 27. Date of entering into Micro Drone Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 30. Global Micro Drone Market Size Share by Type (2015-2021)
Table 31. Global Micro Drone Market Revenue Market Share by Type (2021-2028)
Table 31. Global Micro Drone Market Size Share by Application (2015-2021)
Table 33. Global Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 34. Global Micro Drone Market Size Share by Application (2021-2028)
Table 35. North America Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Micro Drone Market Share (2019-2021)
Table 37. North America Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 38. North America Micro Drone Market Share by Type (2015-2021)
Table 39. North America Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 40. North America Micro Drone Market Share by Application (2015-2021)
Table 41. Europe Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Micro Drone Market Share (2019-2021)
Table 43. Europe Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Micro Drone Market Share by Type (2015-2021)
Table 45. Europe Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Micro Drone Market Share by Application (2015-2021)
Table 47. China Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Micro Drone Market Share (2019-2021)
Table 49. China Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 50. China Micro Drone Market Share by Type (2015-2021)
Table 51. China Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 52. China Micro Drone Market Share by Application (2015-2021)
Table 53. Japan Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Micro Drone Market Share (2019-2021)
Table 55. Japan Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Micro Drone Market Share by Type (2015-2021)
Table 57. Japan Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Micro Drone Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Micro Drone Market Share (2019-2021)
Table 61. Southeast Asia Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Micro Drone Market Share by Type (2015-2021)
Table 63. Southeast Asia Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Micro Drone Market Share by Application (2015-2021)
Table 65. India Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Micro Drone Market Share (2019-2021)
Table 67. India Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 68. India Micro Drone Market Share by Type (2015-2021)
Table 69. India Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 70. India Micro Drone Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Micro Drone Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Micro Drone Market Share (2019-2021)
Table 73. Central & South America Micro Drone Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Micro Drone Market Share by Type (2015-2021)
Table 75. Central & South America Micro Drone Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Micro Drone Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Micro Drone Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Micro Drone Market Share by Type: 2021 VS 2028
Figure 2. Global Micro Drone Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Micro Drone Market Report Years Considered
Figure 8. Global Micro Drone Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Micro Drone Market Share by Regions: 2021 VS 2028
Figure 10. Global Micro Drone Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Micro Drone Market Share by Players in 2019
Figure 13. Global Top Micro Drone Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Micro Drone Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Micro Drone Market Revenue in 2019
Figure 15. North America Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Micro Drone Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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