Multi-Rotor Drone Market Size projected to grow at over 20.8% CAGR to 2027

The higher emphasis on the incorporation of the multi-rotor drones in military bodies and extensive rise in investment in the defense & homeland security

VANCOUVER, BC, CANADA, April 5, 2022 /EINPresswire.com/ -- A novel report on global Multi-Rotor Drone market is offering current developments and emerging trends of the market. The report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Multi-Rotor Drone market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.

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.

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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 primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Multi-Rotor Drone market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Companies profiled in the global Multi-Rotor Drone market:

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.

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Table of Contents:

Chapter 1 includes an introduction of the global Multi-Rotor Drone market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.

Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.

Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.

In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.

Regional Bifurcation of the Multi-Rotor Drone Market Includes:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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)

Camera

Control Systems

Tracking Systems

Others

End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Military

Commercial

Price Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Budget

Medium

Premium

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Key Highlights 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. 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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