Multi-Rotor Drone Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027
The Global Multi-Rotor Drone Market is forecasted to be worth USD 8.49 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Multi-Rotor Drone by the defense agencies & intelligence bureau, newer use cases of multi-rotor drones in commercial sectors, and advacment in camera & battery technology, to name a few.
Besides, extensive rise in the cross-border
conflict, broadening the number of the existing miliitary monitoring &
controling technology and their further upgradation based on specific needs,
and asymmetric warfare along with intercountry border conflicts are some of the
additional reasons behind the remarkable growth of the market. The ability of
the Multi-Rotor Drone to carry heavier & higher capacity of payload make it
suitable for many different end-uses. These have been considered as a
preferable option to the applications of inspections & payload carriers,
where a higher precision maneuvering & ability to fly in multiple
directions in difficult places, special target for extended periods is
required.
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The report is a comprehensive research
study of the global Multi-Rotor Drone market inclusive of the latest trends,
growth factors, developments, opportunities, and competitive landscape. The
research study includes an in-depth analysis of the market using advanced
research methodologies such as SWOT analysis and Porter’s Five Forces analysis.
The report is formulated with data gathered from primary and secondary research
examined and validated by industry experts. The report provides an overview of
the market leaders, segmentation by type, application, and region, and
technological advancements.
Companies profiled in the global
Multi-Rotor Drone market:
DJI,
AeroVironment, Inc., Mota Group, Inc., Skyrocket Toys LLC, Guangdong Cheerson
Hobby Technology Co., Ltd, Hubsan Technology Company Ltd., Prox Dynamics,
Microdrones, Aerix Drone, and Acumen Robot Intelligence (ARI), among others.
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Key findings from the report suggest
In December 2019, Drone Aviation Holding Corp. revealed its merger with
ComSovereign Corp, a US-based consortium of the 5G telecommunications radio,
power systems, and silicon photonics, designed for the next generation of
global networks.
The maneuverability of the multi-rotor drones with their ability to
provide vertical take-off and landing (VTOL) properly compared to fixed-wing
drones make perfect for many commercial applications.
The regions in the Asia Pacific led by China, India, and South Korea are
allotting a considerable budget for their defense & law enforcement
grooming purposes.
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Regional Bifurcation of the Multi-Rotor
Drone Market Includes:
North America
(U.S., Canada)
Europe (U.K.,
Italy, Germany, France, Rest of EU)
Asia Pacific
(India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America
(Chile, Brazil, Argentina, Rest of Latin America)
Middle East
& Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Emergen Research has segmented
into the global Multi-Rotor Drone Market on the basis of Payload, End-Users,
Price Range, and Region:
Payload Outlook (Revenue: USD
Billion; Volume: Thousand Units; 2017-2027)
Camera
Control Systems
Tracking Systems
Others
End-Users Outlook (Revenue: USD
Billion; Volume: Thousand Units; 2017-2027)
Military
Commercial
Price Range Outlook (Revenue: USD
Billion; Volume: Thousand Units; 2017-2027)
Budget
Medium
Premium
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Key Questions Answered by the Report:
Which region is
expected to dominate the market in the coming years?
What are the
recent technological and product advancements occurring in the market?
What are the key
strategies adopted by the prominent players in the Multi-Rotor Drone market?
What are the key
product types and applications of the Multi-Rotor Drone industry?
What is the
outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the
competitive landscape of the Multi-Rotor Drone market?
Who are the key
players in the industry?
What is the
growth rate of the industry over the coming years?
What will be the
valuation of the Multi-Rotor Drone Market by 2027?
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