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.
The higher emphasis on the incorporation of the multi-rotor drones in military bodies and extensive rise in investment in the defense & homeland security & intelligence bodies are the major factors influencing the market growth.
The global market landscape of Multi-Rotor Drone is expected to remain in a very competitive and highly consolidated landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.
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The market intelligence report is a prototype of the 360° overview of the global Multi-Rotor Drone industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
Competitive Landscape:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Multi-Rotor Drone market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
The major companies Covered in the report are:
DJI, AeroVironment, Inc., Mota Group, Inc., Skyrocket Toys LLC, Guangdong Cheerson Hobby Technology Co., Ltd, Hubsan Technology Company Ltd., Prox Dynamics, Microdrones, Aerix Drone, Acumen Robot Intelligence (ARI)
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Segments Covered in this report are:
• Payload Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Camera
o Control Systems
o Tracking Systems
o Others
• End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Military
o Commercial
• Price Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
o Budget
o Medium
o Premium
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Global Multi-Rotor Drone Market Highlights:
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. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, preparation for the forthcoming combats, along with higher economic development and enhancement in the manufacturing industry & semiconductor solutions, deliberately help propel market enforcement.
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Regional Segmentation:
• North America
• Latin America
• Europe
• Middle East & Africa
• Asia Pacific
Key questions answered in this report:
What is the market size and growth rate forecast for Multi-Rotor Drone industry?
What are the main driving factors propelling the Multi-Rotor Drone Market forward?
What are the leading companies in the Multi-Rotor Drone Industry?
What segments does the Multi-Rotor Drone Market cover?
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Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
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