Small Drones Market: Global Industry Analysis and Forecast (2024-2030)

  • Small Drones Market size was valued at USD 8.19 Bn. in 2023 and the total Small Drones Market size is expected to grow at a CAGR of 10.36% from 2024 to 2030, reaching nearly USD 16.33 Bn. by 2030.

  • Format : PDF | Report ID : SMR_2179

Small Drones Market Overview:

Small drones are little bigger than nano drones but smaller than medium drones. They usually do not exceed two meters in length and are designed with fixed wings.  A small drone is a small unmanned aerial vehicle (UAV) that is compact enough to be carried by one person. Small drones come in a wide range, from small micro air vehicles to man-portable UAVs that are carried and launched similarly to an infantry man-portable air-defence system.

 

Increased operational efficiency and growth in demand for improved surveillance are expected to drive the small drones market growth. Improvement in drone technologies and a rise in defence expenditure globally are the major factors that are expected to supplement the small drones market, thereby providing a better opportunity for the growth of the small drones Industry through the forecast period. Agricultural drones equipped with sensors and imaging technologies offer farmers valuable insights into crop health and yield optimization. Similarly, drones designed for infrastructure inspection help reduce operational costs and enhance safety by conducting aerial surveys of bridges, buildings, and pipelines.

 

  • Drone export shipments from India stood at 580, exported by 137 India Exporters to 185 Buyers.
  • India exports most of its Drone to Germany, the United States and Nepal.
  • The top 3 exporters of Drone are China with 51,344 shipments followed by the United States with 11,303 and Vietnam at the 3rd spot with 1,228 shipments.

Small Drones Market

 

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Small Drones Market Dynamics:

Technological Advancements and Regulatory Support are Propelling the Small Drones Market

Advancements in battery technology, sensor capabilities, and communication systems are empowering manufacturers to develop more advanced and capable drones, fuelling Small Drones market growth. Technological developments are increasing the capabilities of tiny drones and increasing their efficiency and dependability. These developments include increases in battery life, flying stability, and cargo capacity. The growing use of drones in a variety of businesses owing to their capacity to increase productivity, security, and cost-effectiveness. Drones, for instance, are altering precision agriculture procedures including crop monitoring, spraying, and irrigation management in the agricultural industry.

 

In Addition, regulatory initiatives aimed at streamlining drone operations and ensuring airspace safety are creating a conducive environment for manufacturers to innovate and increase their Small Drones market presence. The deployment of target UAVs among air, ground, and naval forces around the world is the rising demand for targeting autonomously moving targets for military training exercises. Also, armies are increasingly looking for high-speed unmanned aerial targets for use in naval and aerial combat training.

Small Drones Market1

Evolving Engagement Models in the Small Drones Market

Emerging technology with the Small Drones markets, the engagement model for drones is somewhat complex and in transition. Organizations are continually evaluating projects and skill requirements and developing and altering long-range plans based on earlier results and industry research. Engagement models tend to shift owing to a variety of factors, including employment and technological investment requirements as well as workforce availability.

 

Requirements as well as workforce availability. Currently, more than one-third (34%) of organizations manage their drone projects internally, while more than one-fourth (27%) rely on the expertise of DSPs (Drone Solution Providers) and other tech firms for these initiatives. A significant number of companies (39%) leverage both in-house and outsourced resources for these projects. Drone-related collaborations allow IT services firms to develop their technology footprint and drive new recurring revenue streams.

Small Drones Market2

Challenges Faced by Drone Solution Providers in the Evolving Small Drones Market

Small Drones solution providers face difficulties in planning and investment owing to uncertainty. Uncertainty regarding regulations and the career goals of customers hinder Small Drones market growth strategies, as numerous companies shift from outsourcing to in-house management using new technologies. Nevertheless, certain clients mistakenly underestimate the savings and difficulties associated with this method and transfer their drone investments to third-party companies. Small Drones providers are worried about government regulations because they bring about alterations and unpredictability in the regulatory environment. The main worries mentioned are public disturbances/limitations in use, as well as safety, protection, and confidentiality.

 

Small Drones Market Segment Analysis:

Small Drones Market segmented into by types includes, Fixed Wing, Rotary Wing, and Others.  Rotary Wing drones dominate the segment in 2023 for the Small Drones Market. In rotary-wing drones, the rotor blades rotate around a central mast, forcing air downwards and creating the vertical lift required for the aircraft to become airborne. All vertical take-off and landing (VTOL) aircraft fall into the category, including small and large helicopters and multicopper. Rotary-wing drones have a single rotor or even up to 16+ rotors generating thrust.  

 

The Small drones market scope is growing as Rotary Wing UAVs are being adopted in a wide range of industries, such as healthcare, finance, and manufacturing. Every industry uses Rotary Wing UAV technology to enhance efficiency, cut expenses, and enhance service provision, ultimately leading to business growth. Rotary Wing drones are generally easier to fly and navigate, making them more accessible to beginners. They are equipped with flight stabilization systems and user-friendly controls that simplify the piloting process.

Small Drones Market3

Small Drones Market Regional Insight:

North America held XX % share in 2023 for the Small Drones Market.  The increasing affordability and efficiency of drones is making them increasingly popular in areas such as emergency response, construction, agriculture and surveillance. DJI continues to lead the small drones indutry in North America with its advanced drone models. DJI recently introduced the Mavic Air 2S, which is equipped with a 1-inch sensor for accurate shooting and advanced obstacle avoidance. In addition to the development of DJI Terra software for mapping and measurement, the company also focuses on business solutions. Kespry focuses on providing industrial drone solutions specifically tailored for the insurance, construction and mining sectors. The company is improving its artificial intelligence and machine learning algorithms to provide more accurate and valuable data analysis of drone images.

Small Drones Market3

Government agencies and small drone manufacturers are working together to promote innovations and propel the development of drone technology that is suited to local requirements and laws. For example, The Skydio X10 drone, which is intended for first responders, infrastructure operators, and international allied and U.S. forces, was unveiled by Skydio in September 2023. It has sensors to capture every nuance of pertinent data, as well as autonomy driven by AL to provide more power and versatility in a more compact and user-friendly design.

 

The Small Drones market growth across the United States is being driven by the increase in defence spending, the growing utilization of small UAVs, and the adoption of small drones for civilian purposes. Additionally, the civil aviation regulatory agencies in the country have also authorized the use of small UAVs for flights over the general public. the defence industry in the country has been actively creating advanced UAVs that exceed current needs.

Rating of Interest/ Anticipated Utilization

Drone Use Cases

Small Customers  

Medium Customer  

Large Customer                 

Security, Surveillance or Monitoring                       

21%

34%

35%

Inspections, I.e. Infrastructure buildings etc.            

0.2

0.3

0.3

Data Dreams gathered from drones for analytics 1           

2%

23%

27%

Informal photos/ video                                     

0.23

0.3

0.24

Mapping And Surveys, i.e. agriculture, site selections etc.

19%

34%

20%

Delivery of Goods                                           

0.11

0.22

0.19

Emergency services, i.e. search and rescue.                

8%

22%

17%

 

Small Drones Market Competitive Landscape:

  1. In February 2024, Front End, A Saudi-owned company, entered an exclusive partnership with the Drone Centre (TDC) to distribute DJI drones in the oil and gas sector. The strategic alliance is aimed at enhancing efficiency in the partnership also focusing on the distribution of DJI drones, especially for the oil and gas sector, indicating a targeted approach to address industry-specific needs.
  2. In January 2024, Autel Robotics FCC Certifications for its new enterprise drone, the Autel Alpha. The Autel Alpha will have a 35 X optical zoom camera, twin thermal imaging sensors, a strong laser rangefinder, and a super-sensitive starlight night vision camera. It also has a maximum flying duration of 45 minutes and a transmission range of up to 12 miles (20 Km).

 

Small Drones Market Scope:

Small Drones Market

Market Size in 2023

USD 8.19 Bn.

Market Size in 2030

USD 16.33 Bn.

CAGR (2024-2030)

10.36 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Type

  • Fixed Wing
  • Rotary Wing
  • Others

By Application

  • Commercial
  • Aerospace and Defence
  • Others

Regional Scope

North America- United States, Canada, and Mexico

Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Small Drones Market Key Players

  1. Kratos Defense & Security Solutions, Inc. - San Diego, USA
  2. DJI- Shenzhen
  3. Airbus Defence and Space - Taufkirchen, Germany
  4. Lockheed Martin Corporation - Bethesda, USA
  5. Thales Group - Paris, France
  6. Elbit Systems Ltd. - Haifa, Israel
  7. Hindustan Aeronautics Ltd - Bangalore, India
  8. Anduril Industries, Inc. - Irvine, USA
  9. Boeing - Chicago, USA
  10. Asteria Aerospace Limited - Bangalore, India
  11. Israel Aerospace Industries - Tel Aviv, Israel
  12. BAE Systems plc - London, United Kingdom
  13. General Dynamics Corporation - Reston, USA
  14. Turkish Aerospace Industries (TAI) - Ankara, Turkey
  15. Rheinmetall AG - Düsseldorf, Germany
  16. AeroVironment - Simi Valley, California, USA
  17. Parrot - Paris, France
  18. Autel Robotics - Bothell, Washington, USA
  19. Skydio - Redwood City, California, USA
  20. XX Inc.


Frequently Asked Questions

Advancements in battery technology, sensor capabilities, and communication systems are empowering manufacturers to develop more advanced and capable drones, fuelling Small Drones market growth.

1.    Small Drones Market: Research Methodology 
2.    Small Drones Market: Executive Summary
3.    Small Drones Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
5.    Small Drones Market: Dynamics
5.1. Market Drivers by Region
5.1.1.    North America
5.1.2.    Europe
5.1.3.    Asia Pacific
5.1.4.    Middle East and Africa
5.1.5.    South America

5.2. Restraints
5.3. Opportunities
5.4. Challenges
5.5. Market Trends by Region
5.5.1.    North America
5.5.2.    Europe
5.5.3.    Asia Pacific
5.5.4.    Middle East and Africa
5.5.5.    South America

5.6. PORTER’s Five Forces Analysis
5.7. PESTLE Analysis
5.8. Price Trend Analysis of Drones 
5.9. Strategies for New Entrants to Penetrate the Market
5.10. Analysis of Government Schemes and Initiatives for the Small Drones Industry
5.11. Regulatory Landscape by Region
5.11.1.    North America
5.11.2.    Europe
5.11.3.    Asia Pacific
5.11.4.    Middle East and Africa
5.11.5.    South America

5.12. Drones Import and Export data by region
5.12.1.    North America
5.12.1.1. United States 
5.12.1.2. Rest of North America
5.12.2.    Europe
5.12.2.1. Germany 
5.12.2.2. France 
5.12.2.3. Spain
5.12.2.4. Rest of Europe
5.12.3.    Asia Pacific 
5.12.3.1. China 
5.12.3.2. India 
5.12.3.3. Vietnam
5.12.3.4. Rest of Asia Pacific 
5.12.4.    Middle East and Africa
5.12.5.    South America

5.13. Small Drones Market Size and Forecast by Segments (by Value Units)
5.13.1.    Small Drones Market Size and Forecast, by Types (2023-2030)
5.13.1.1. Fixed Wing
5.13.1.2. Rotary Wing 
5.13.1.3. Others
5.13.2.    Small Drones Market Size and Forecast, by Application (2023-2030)
5.13.2.1. Commercial
5.13.2.2. Aerospace and Defence 
5.13.2.3. Others
5.13.3.    Small Drones Market Size and Forecast, by Region (2023-2030)
5.13.3.1. North America
5.13.3.2. Europe
5.13.3.3. Asia Pacific
5.13.3.4. Middle East and Africa
5.13.3.5. South America

6.    North America Small Drones Market Size and Forecast (by Value Units)
6.1. North America Small Drones Market Size and Forecast, by Types (2023-2030)
6.1.1.    Fixed Wing
6.1.2.    Rotary Wing 
6.1.3.    Others

6.2. North America Small Drones Market Size and Forecast, by Application (2023-2030)
6.2.1.    Commercial
6.2.2.    Aerospace and Defence 
6.2.3.    Others

6.3. North America Small Drones Market Size and Forecast, by Country (2023-2030)
6.3.1.    United States
6.3.2.    Canada
6.3.3.    Mexico

7.    Europe Small Drones Market Size and Forecast (by Value Units)
7.1. Europe Small Drones Market Size and Forecast, by Types (2023-2030)
7.1.1.    Fixed Wing
7.1.2.    Rotary Wing 
7.1.3.    Others

7.2. Europe Small Drones Market Size and Forecast, by Application (2023-2030)
7.2.1.    Commercial
7.2.2.    Aerospace and Defence 
7.2.3.    Others

7.3. Europe Small Drones Market Size and Forecast, by Country (2023-2030)
7.3.1.    UK
7.3.2.    France
7.3.3.    Germany
7.3.4.    Italy
7.3.5.    Spain
7.3.6.    Sweden
7.3.7.    Russia
7.3.8.    Rest of Europe

8.    Asia Pacific Small Drones Market Size and Forecast (by Value Units)
8.1. Asia Pacific Small Drones Market Size and Forecast, by Types (2023-2030)
8.1.1.    Fixed Wing
8.1.2.    Rotary Wing 
8.1.3.    Others

8.2. Asia Pacific Small Drones Market Size and Forecast, by Application (2023-2030)
8.2.1.    Commercial
8.2.2.    Aerospace and Defence 
8.2.3.    Others

8.3. Asia Pacific Small Drones Market Size and Forecast, by Country (2023-2030)
8.3.1.    China
8.3.2.    S Korea
8.3.3.    Japan
8.3.4.    India
8.3.5.    Australia
8.3.6.    ASEAN
8.3.7.    Rest of Asia Pacific

9.    Middle East and Africa Small Drones Market Size and Forecast (by Value Units)
9.1. Middle East and Africa Small Drones Market Size and Forecast, by Types (2023-2030)
9.1.1.    Fixed Wing
9.1.2.    Rotary Wing 
9.1.3.    Others

9.2. Middle East and Africa Small Drones Market Size and Forecast, by Application (2023-2030)
9.2.1.    Commercial
9.2.2.    Aerospace and Defence 
9.2.3.    Others

9.3. Middle East and Africa Small Drones Market Size and Forecast, by Country (2023-2030)
9.3.1.    South Africa
9.3.2.    GCC
9.3.3.    Egypt
9.3.4.    Rest of ME&A

10.    South America Small Drones Market Size and Forecast (by Value Units)
10.1. South America Small Drones Market Size and Forecast, by Types (2023-2030)
10.1.1.    Fixed Wing
10.1.2.    Rotary Wing 
10.1.3.    Others

10.2. South America Small Drones Market Size and Forecast, by Application (2023-2030)
10.2.1.    Commercial
10.2.2.    Aerospace and Defence 
10.2.3.    Others

10.3. South America Small Drones Market Size and Forecast, by Country (2023-2030)
10.3.1.    Brazil
10.3.2.    Argentina
10.3.3.    Rest of South America

11.    Company Profile: Key players
11.1. Kratos Defense & Security Solutions, Inc. - San Diego, USA
11.1.1.    Company Overview
11.1.2.    Financial Overview
11.1.3.    Business Portfolio
11.1.4.    SWOT Analysis
11.1.5.    Business Strategy 
11.1.6.    Recent Developments        

11.2. DJI- Shenzhen
11.3. Airbus Defence and Space - Taufkirchen, Germany
11.4. Lockheed Martin Corporation - Bethesda, USA
11.5. Thales Group - Paris, France
11.6. Elbit Systems Ltd. - Haifa, Israel
11.7. Hindustan Aeronautics Ltd - Bangalore, India
11.8. Anduril Industries, Inc. - Irvine, USA
11.9. Boeing - Chicago, USA
11.10. Asteria Aerospace Limited - Bangalore, India
11.11. Israel Aerospace Industries - Tel Aviv, Israel
11.12. BAE Systems plc - London, United Kingdom
11.13. General Dynamics Corporation - Reston, USA
11.14. Turkish Aerospace Industries (TAI) - Ankara, Turkey
11.15. Rheinmetall AG - Düsseldorf, Germany
11.16. AeroVironment - Simi Valley, California, USA
11.17. Parrot - Paris, France
11.18. Autel Robotics - Bothell, Washington, USA
11.19. Skydio - Redwood City, California, USA
11.20. XX Inc.
12.    Key Findings
13.    Industry Recommendation

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