Micro Drone Market Expected to Reach $28.91 Billion by 2030

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Micro Drone Market

OREGAON, PORTLAND, UNITED STATES , September 1, 2023/EINPresswire.com/ — According to a recent report published by Allied Market Research, titled, “Micro Drone Market by Type, Application, and Weight: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the global micro drone market was valued at $6.71 billion in 2020, and is projected to reach $28.91 billion by 2030, registering a CAGR of 9.7%.

♦️𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 – https://www.alliedmarketresearch.com/request-sample/14048

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

➤By type, the rotary wing segment is expected to register a significant growth during the forecast period.
➤On the basis of application, the civil and commercial segment is anticipated to exhibit significant growth in future.
➤Depending on weight, the 1 kg to 2kg segment is projected to lead the global micro drone market.
➤Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

By type, the micro drone market size is segregated into fixed-wing, rotary-wing, and hybrid or transitional. The rotary-wing segment accounted for the highest revenue in 2020, owing to features such as vertical take-off and landing and high maneuverability, which makes them suitable for deployment across different industrial verticals.

♦️𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 – https://www.alliedmarketresearch.com/micro-drone-market/purchase-options

On the basis of application, the market is classified into military, civil & commercial, homeland security, consumer, and others. The civil & commercial segment garnered the highest revenue in 2020, owing to the growing use of micro drones in the energy and agriculture sector.

North America dominates the market, in terms of revenue, followed by, Europe, Asia-Pacific, and LAMEA. The U.S. dominated the global micro drone market share in North America in 2020, owing to increase in R&D activities; technological developments by key players; rapid adoption of innovative technologies in making reliable, precise, and efficient micros drone technologies. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in adoption of micro drone across different industry verticals along with huge defense spending by big economies such as China, India, and Japan.

♦️𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/14048

The key players operating in the global micro drone market include 𝟑𝐃𝐑, 𝐀𝐞𝐫𝐨𝐕𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 𝐈𝐧𝐜., 𝐀𝐮𝐭𝐞𝐥 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬, 𝐃𝐉𝐈, 𝐄𝐥𝐛𝐢𝐭 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐋𝐭𝐝., 𝐇𝐮𝐛𝐬𝐚𝐧, 𝐈𝐬𝐫𝐚𝐞𝐥 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬 𝐋𝐭𝐝., 𝐊𝐞𝐬𝐩𝐫𝐲 𝐈𝐧𝐜., 𝐬𝐞𝐧𝐬𝐞𝐅𝐥𝐲, 𝐚𝐧𝐝 𝐒𝐤𝐲𝐝𝐢𝐨, 𝐈𝐧𝐜.

David Correa
Allied Analytics LLP
1 800-792-5285
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