Small Drones Market Size to Grow by USD 8.58 billion, AeroVironment Inc. and Elbit Systems Ltd. Among Key Vendors - Technavio

NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Small drones are aerial systems operated autonomously by an onboard computer or remote control from the ground or another vehicle. Small drones consist of micro-drones and mini drones weighing below 2.20 pounds.

The small drones market size is expected to grow by USD 8.58 bn from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 13.26% during the forecast period, according to Technavio.

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Small Drones Market 2022-2026: Scope

The small drones market report covers the following areas:

• Small Drones Market size
• Small Drones Market trends
• Small Drones Market industry analysis

Small Drones Market 2022-2026: Vendor Analysis

The small drones market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Aeronautics Group, AeroVironment Inc., Autel Intelligent Technology Co., BAE Systems Plc, Elbit Systems Ltd., Holy Stone, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Microdrones GmbH, Northrop Grumman Corp., Parrot Drones SAS, PrecisionHawk Inc., Raytheon Technologies Corp., Saab AB, Shenzhen Hubsan Technology Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Thales Group, and Turkish Aerospace Industries Inc. are some of the major market participants. The key offerings of a few of these vendors are listed below:

• AeroVironment Inc. - The company offers small drone products such as Dragon Eye, Raven RQ-11A, and Hornet.
• Elbit Systems Ltd. - The company offers small drone products such as Skylark LEX mini UAS.
• Israel Aerospace Industries Ltd. - The company offers small drone products for precision agriculture, oil and gas, and first response applications.
• Lockheed Martin Corp. - The company offers small drone products such as Indago 3 - UAV.
• Northrop Grumman Corp. - The company offers small drone products such as Bat Unmanned Aircraft System (UAS).

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Small Drones Market 2022-2026: Segmentation

• Type
• Rotary Wing
• Fixed Wing
• Hybrid Wing
• Geography
• APAC
• North America
• Europe
• Middle East And Africa
• South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Small Drones Market 2022-2026: Regional Analysis

APAC will account for 32% of the market's growth during the forecast period. The growth of this region is attributed to factors such as an increase in technological adoption across the agriculture sector. Moreover, market growth in this region will be slower than the growth of the market in other regions. China and India are the key countries for the small drones market in APAC.

Small Drones Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist small drones market growth during the next five years
• Estimation of the small drones market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the small drones market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of small drones market vendors

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Table Of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Rotary wing - Market size and forecast 2021-2026
• Exhibit 28: Chart on Rotary wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Rotary wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Rotary wing - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Rotary wing - Year-over-year growth 2021-2026 (%)

• 5.4 Fixed wing - Market size and forecast 2021-2026
• Exhibit 32: Chart on Fixed wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Fixed wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Fixed wing - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Fixed wing - Year-over-year growth 2021-2026 (%)

• 5.5 Hybrid wing - Market size and forecast 2021-2026
• Exhibit 36: Chart on Hybrid wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Hybrid wing - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Hybrid wing - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Hybrid wing - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 France - Market size and forecast 2021-2026
• Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 AeroVironment Inc.
• Exhibit 93: AeroVironment Inc. - Overview
• Exhibit 94: AeroVironment Inc. - Business segments
• Exhibit 95: AeroVironment Inc. - Key news
• Exhibit 96: AeroVironment Inc. - Key offerings
• Exhibit 97: AeroVironment Inc. - Segment focus

• 10.4 Elbit Systems Ltd.
• Exhibit 98: Elbit Systems Ltd. - Overview
• Exhibit 99: Elbit Systems Ltd. - Product / Service
• Exhibit 100: Elbit Systems Ltd. - Key offerings

• 10.5 Israel Aerospace Industries Ltd.
• Exhibit 101: Israel Aerospace Industries Ltd. - Overview
• Exhibit 102: Israel Aerospace Industries Ltd. - Product / Service
• Exhibit 103: Israel Aerospace Industries Ltd. - Key news
• Exhibit 104: Israel Aerospace Industries Ltd. - Key offerings

• 10.6 Lockheed Martin Corp.
• Exhibit 105: Lockheed Martin Corp. - Overview
• Exhibit 106: Lockheed Martin Corp. - Business segments
• Exhibit 107: Lockheed Martin Corp. - Key news
• Exhibit 108: Lockheed Martin Corp. - Key offerings
• Exhibit 109: Lockheed Martin Corp. - Segment focus

• 10.7 Northrop Grumman Corp.
• Exhibit 110: Northrop Grumman Corp. - Overview
• Exhibit 111: Northrop Grumman Corp. - Business segments
• Exhibit 112: Northrop Grumman Corp. - Key news
• Exhibit 113: Northrop Grumman Corp. - Key offerings
• Exhibit 114: Northrop Grumman Corp. - Segment focus

• 10.8 Parrot Drones SAS
• Exhibit 115: Parrot Drones SAS - Overview
• Exhibit 116: Parrot Drones SAS - Product / Service
• Exhibit 117: Parrot Drones SAS - Key offerings

• 10.9 Raytheon Technologies Corp.
• Exhibit 118: Raytheon Technologies Corp. - Overview
• Exhibit 119: Raytheon Technologies Corp. - Business segments
• Exhibit 120: Raytheon Technologies Corp. - Key news
• Exhibit 121: Raytheon Technologies Corp. - Key offerings
• Exhibit 122: Raytheon Technologies Corp. - Segment focus

• 10.10 SZ DJI Technology Co. Ltd.
• Exhibit 123: SZ DJI Technology Co. Ltd. - Overview
• Exhibit 124: SZ DJI Technology Co. Ltd. - Product / Service
• Exhibit 125: SZ DJI Technology Co. Ltd. - Key offerings

• 10.11 Teledyne Technologies Inc.
• Exhibit 126: Teledyne Technologies Inc. - Overview
• Exhibit 127: Teledyne Technologies Inc. - Business segments
• Exhibit 128: Teledyne Technologies Inc. - Key news
• Exhibit 129: Teledyne Technologies Inc. - Key offerings
• Exhibit 130: Teledyne Technologies Inc. - Segment focus

• 10.12 Thales Group
• Exhibit 131: Thales Group - Overview
• Exhibit 132: Thales Group - Business segments
• Exhibit 133: Thales Group - Key offerings
• Exhibit 134: Thales Group - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 135: Inclusions checklist
• Exhibit 136: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 137: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 138: Research methodology
• Exhibit 139: Validation techniques employed for market sizing
• Exhibit 140: Information sources

• 11.5 List of abbreviations
• Exhibit 141: List of abbreviations

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