Small Drones Market Worth $40.31 Billion by 2025

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Small Drones Market Worth 40.31 Billion by 2025
According to the new market research "Small
Drones Market by Type (Fixed-Wing, Rotary-Wing,
Hybrid/Transitional), Application, MTOG (lt5 kg,
5-25 kg, 25-150 kg), Payload (Camera, CBRN
Sensors, Electronic Intelligence Payload, Radar),
Power Source, and Region - Global Forecast to
2025", published by MarketsandMarkets, the
market is estimated at USD 13.40 billion in 2018
and is projected to reach USD 40.31 billion by
2025, at a CAGR of 17.04 from 2018 to
2025. https//www.marketsandmarkets.com/pdfdownlo
ad.asp?id141134567 The increasing use of small
drones in civil commercial and military
applications is one of the most significant
factors expected to drive the growth of the small
drones market. Improvements in flight control
systems, owing to the development of
sense-and-avoid technology are expected to fuel
the growth of the small drones market. The civil
commercial application segment of the small
drones market is projected to grow at the
highest CAGR during the forecast period. Based
on application, the civil commercial
application segment of the small drones market
is projected to grow at the highest CAGR from
2018 to 2025. This growth can be attributed to
the increased adoption of small drones for
various civil commercial applications such as
inspection, monitoring, surveying, mapping, and
remote sensing. Properties of small drones such
as portability, high efficiency, and low
operating costs have fueled the use of small
drones in civil commercial applications. Based
on type, the fixed-wing segment is projected to
grow at the highest CAGR during the forecast
period. Based on type, the fixed-wing segment of
the small drones market is projected to grow at
the highest rate during the forecast period.
Fixed-wing small drones offer high endurance and
can cover a large area in a short time and
therefore are used in various military and
commercial applications. Additionally, the
relaxation of restrictions imposed on the
commercial use of drones is expected to drive the
growth of the market for fixed- wing small
drones.
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Browse in-depth TOC on "Small Drones Market" 94
- Tables 49 - Figures 199 - Pages Request for
Sample Report https//www.marketsandmarkets.com/r
equestsample.asp?id141134567 Based on payload,
the electronic intelligence payloads segment is
estimated to lead the small drones market in
2018. Based on payload, the electronic
intelligence payloads segment is estimated to
lead the small drones market in 2018. The growth
of this segment can be attributed to the
increasing use of small drones equipped with
advanced payloads used for military applications
such as ISR, monitoring, and gathering electronic
intelligence. Asia Pacific is projected to be
the fastest-growing market for small drones
during the forecast period. The small drones
market in the Asia Pacific region is projected to
grow at the highest CAGR during the forecast
period. This growth can be attributed to the high
demand for small drones from the commercial and
military sectors of countries such as China,
India, and Japan. The military budgets of the
above-mentioned countries are increasing on a
yearly basis, which has led to the adoption of
small military drones, as they assist in the
collection of battlefield data. https//www.marke
tsandmarkets.com/Market-Reports/small-uav-market-
141134567.html Key players operating in the
small drones market include Northrop Grumman
(US), Boeing (US), DJI (China), Parrot (France),
Lockheed Martin (US), Textron (US),
AeroVironment (US), and Israel Aerospace
Industries (Israel). Aerospace and Defence
Market Research Reports Consulting
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