The Global Nano Drones Market is forecasted to be worth USD 4.04 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Nano Drones by the defense agencies & intelligence bureau, newer use cases of drone in commercial sectors, and advacment in camera & battery technology, to name a few.
The global market landscape of Nano Drones is expected to remain in a very competitive and highly consolidated landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
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Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
Further key findings from the report suggest
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.
An increasing investment in the R&D of the camera systems & major focus on its modification have created a mentionable number of use cases and remarkable growth in the Nano Drones market. The Camera sub-segment in the type segment had 41.2% market share in the year 2019.
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.
Key players in the market Parrot SA, 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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Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA
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)
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Nano Drones industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Nano Drones industry.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Nano Drones Market Segmentation & Impact Analysis
4.1. Nano Drones Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Stringent environmental regulations
184.108.40.206. Rising need to reduce bacterial or algal contamination in water systems
220.127.116.11. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
18.104.22.168. Fluctuating prices of raw material
22.214.171.124. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Nano Drones Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Nano Drones Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Nano Drones Market Regional Outlook
Chapter 8. Competitive Landscape