Market Overview
The global Multi Rotor UAV market is expected to grow at a CAGR of over 18% during the forecast period. The major factors driving the growth of the market are the increasing demand for multi rotors UAVs from various end-use industries and the growing adoption of these UAVs in commercial applications.
Multi Rotor UAVs are unmanned aerial vehicles that are equipped with multiple rotors for vertical takeoff and landing (VTOL). These UAVs have several advantages over fixed-wing UAVs, such as their ability to hover in one place and take off and land vertically. Multi Rotor UAVs are used in a variety of applications, such as mapping, surveying, photography, and inspection.
The increasing demand for multirotor drones can be attributed to the wide range of advantages offered by these drones over traditional fixed-wing drones. Multi rotor drones offer better stability and control owing to their multiple rotors which helps them maintain their position even in strong winds. They can also take off and land vertically, which makes them well-suited for use in confined spaces such as buildings or forests. Additionally, multi rotor drones are more maneuverable than fixed-wing drones and can change directions quickly, making them ideal for use in search and rescue operations.
This report provides an in-depth analysis of the market trends, drivers, restraints, and opportunities for the forecast period. The report also includes a detailed competitive landscape with company profiles of key players operating in the market. The global Multi Rotor UAV market is driven by factors such as the increasing use of UAVs for commercial applications and the growing demand for UAVs from the military & defense sectors. However, the high cost of UAVs and stringent government regulations are restraining the growth of the market. The commercial segment is expected to be the fastest-growing application during the forecast period. The military & defense segment is expected to hold a significant share of the market due to the increasing use of UAVs for border surveillance, target acquisition, and reconnaissance missions. North America is expected to be the largest market for multi rotor UAVs during the forecast period due to the presence of key manufacturers in the region and increasing investment by government agencies in UAV technology.
Market Drivers
1. The global market for multirotor UAVs is driven by the ever-increasing demand for these aircraft in a variety of applications, including surveillance, reconnaissance, and mapping.
2. The ability of multirotor UAVs to take off and land vertically makes them ideal for use in confined spaces such as urban environments.
3. Multirotor UAVs are also increasingly being used in search and rescue operations due to their ability to quickly cover large areas.
4. The growing popularity of consumer drones is another major driver of the market for multirotor UAVs.
5. Technological advancements have resulted in smaller and more affordable UAVs that are able to perform a variety of tasks that were once the exclusive domain of larger aircraft.
Report Includes
An overview of the global Multi Rotor UAV market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Multi Rotor UAV market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Multi Rotor UAV market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Multi Rotor UAV market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insight of market which derives the market trends, changing phase of investments, the scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The Multi Rotor UAV market is segmented on the basis of Type, Application, and Region.
This report segments the global multi rotor UAV market by type into fixed-wing and rotary-wing. Fixed-wing multi rotor UAVs are further segmented into single-rotor and multi-rotor. Rotary-wing multi rotor UAVs are further classified into quadcopters, hexacopters, octocopters, and others.
The global multi rotor UAV market is segmented into various applications such as precision agriculture, mapping and surveying, disaster management, aerial photography and cinematography, aerial inspection, and others.
Global Multi Rotor UAV market Competitive Analysis:
Key players in the Global Multi Rotor UAV market are AeroVironment, Inc. (U.S.), Israel Aerospace Industries (Israel), DJI Innovations (China), 3D Robotics (U.S.), and Microdrones GMBH (Germany), dominates this market and they are expected to strengthen their market positions across the globe during the forecast period. Aibotix (Germany), Coptercam (Australia), Draganfly Innovations (Canada), Aeryon Labs (Canada), and Cyberhawk Innovations Ltd. (U.K.) and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The Global Multi Rotor UAV market is distributed on the basis of the below-mentioned segments:
Global Multi Rotor UAV market, By Type:
The global Multi Rotor UAV market is expected to grow at a CAGR of over 18% during the forecast period. The major factors driving the growth of the market are the increasing demand for multi rotors UAVs from various end-use industries and the growing adoption of these UAVs in commercial applications.
Multi Rotor UAVs are unmanned aerial vehicles that are equipped with multiple rotors for vertical takeoff and landing (VTOL). These UAVs have several advantages over fixed-wing UAVs, such as their ability to hover in one place and take off and land vertically. Multi Rotor UAVs are used in a variety of applications, such as mapping, surveying, photography, and inspection.
The increasing demand for multirotor drones can be attributed to the wide range of advantages offered by these drones over traditional fixed-wing drones. Multi rotor drones offer better stability and control owing to their multiple rotors which helps them maintain their position even in strong winds. They can also take off and land vertically, which makes them well-suited for use in confined spaces such as buildings or forests. Additionally, multi rotor drones are more maneuverable than fixed-wing drones and can change directions quickly, making them ideal for use in search and rescue operations.
This report provides an in-depth analysis of the market trends, drivers, restraints, and opportunities for the forecast period. The report also includes a detailed competitive landscape with company profiles of key players operating in the market. The global Multi Rotor UAV market is driven by factors such as the increasing use of UAVs for commercial applications and the growing demand for UAVs from the military & defense sectors. However, the high cost of UAVs and stringent government regulations are restraining the growth of the market. The commercial segment is expected to be the fastest-growing application during the forecast period. The military & defense segment is expected to hold a significant share of the market due to the increasing use of UAVs for border surveillance, target acquisition, and reconnaissance missions. North America is expected to be the largest market for multi rotor UAVs during the forecast period due to the presence of key manufacturers in the region and increasing investment by government agencies in UAV technology.
Market Drivers
1. The global market for multirotor UAVs is driven by the ever-increasing demand for these aircraft in a variety of applications, including surveillance, reconnaissance, and mapping.
2. The ability of multirotor UAVs to take off and land vertically makes them ideal for use in confined spaces such as urban environments.
3. Multirotor UAVs are also increasingly being used in search and rescue operations due to their ability to quickly cover large areas.
4. The growing popularity of consumer drones is another major driver of the market for multirotor UAVs.
5. Technological advancements have resulted in smaller and more affordable UAVs that are able to perform a variety of tasks that were once the exclusive domain of larger aircraft.
Report Includes
An overview of the global Multi Rotor UAV market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Multi Rotor UAV market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Multi Rotor UAV market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Multi Rotor UAV market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insight of market which derives the market trends, changing phase of investments, the scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The Multi Rotor UAV market is segmented on the basis of Type, Application, and Region.
This report segments the global multi rotor UAV market by type into fixed-wing and rotary-wing. Fixed-wing multi rotor UAVs are further segmented into single-rotor and multi-rotor. Rotary-wing multi rotor UAVs are further classified into quadcopters, hexacopters, octocopters, and others.
The global multi rotor UAV market is segmented into various applications such as precision agriculture, mapping and surveying, disaster management, aerial photography and cinematography, aerial inspection, and others.
Global Multi Rotor UAV market Competitive Analysis:
Key players in the Global Multi Rotor UAV market are AeroVironment, Inc. (U.S.), Israel Aerospace Industries (Israel), DJI Innovations (China), 3D Robotics (U.S.), and Microdrones GMBH (Germany), dominates this market and they are expected to strengthen their market positions across the globe during the forecast period. Aibotix (Germany), Coptercam (Australia), Draganfly Innovations (Canada), Aeryon Labs (Canada), and Cyberhawk Innovations Ltd. (U.K.) and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The Global Multi Rotor UAV market is distributed on the basis of the below-mentioned segments:
Global Multi Rotor UAV market, By Type:
- 3-Rotor UAV
- 4-Rotor UAV
- 5-Rotor UAV
- 6-Rotor UAV
- Other
- Aerial Photography and Filming
- Surveillance
- Search and Rescue
- Security and Law Enforcement
- Inspection
- Other
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Multi Rotor UAV MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2022-2029
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Multi Rotor UAV Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
