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.
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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.
Global Multi-Rotor Drone Market research report offers a panoramic view of the Multi-Rotor Drone market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Multi-Rotor Drone market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
The Global Multi-Rotor Drone Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
DJI, AeroVironment, Inc., Mota Group, Inc., Skyrocket Toys LLC, Guangdong Cheerson Hobby Technology Co., Ltd, Hubsan Technology Company Ltd., Prox Dynamics, Microdrones, Aerix Drone, and Acumen Robot Intelligence (ARI), among others.
Emergen Research has segmented into the global Multi-Rotor Drone Market on the basis of Payload, End-Users, Price Range, and Region:
Payload Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Price Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Key Findings from the Report:
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.
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Key questions addressed in the report:
Who are the leading players dominating the global Multi-Rotor Drone Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Multi-Rotor Drone in this industry vertical?
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