The Nano Drones Market is forecast to register a significantly high at USD 4.04 Billion in 2027 from USD 601.3 Million in 2019, registering a CAGR of 26.8% through the forecast period.
The report extensively analyzes the impact of the pandemic on the Nano Drones market on a global as well as regional scale. The market size estimation and forecasts detailed in this report are based on a thorough research methodology and are tailored according to the different conditions that create the demand for the global market. The significant elements stimulating the market growth are the growing adoption of Nano drones in the defense and intelligence agencies, the rising use of drones in commercial applications, and the technological upgrades in camera sensors and battery technology. The report presents a bird’s eye view of the Nano Drones industry with a special focus on technological developments, expansion strategies of the prominent players, and current and emerging growth trends of the market. It also offers a current and future impact analysis of the pandemic on the overall Nano Drones market.
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Key Highlights from Report:
• Major manufacturers in the industry include Parrot SA, Mota Group, Inc., Acumen Robot Intelligence (ARI), AeroVironment, Inc., Skyrocket Toys LLC, Ltd, Hubsan Technology Company Ltd., Prox Dynamics, Aerix Drone, Microdrones, and Guangdong Cheerson Hobby Technology Co., among others.
• In 2019, Drone Aviation Holding Corp. announced a merger deal with the ComSovereign Corp., a United States-based corporation developing a 5G telecommunications radio, power systems, and silicon photonics, specially designed for the next-gen of global networks.
Key Questions Addressed in the Report:
• Who are the leading players of the Nano Drones industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of the Nano Drones market?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by the players in the market?