Multirotor Drones Market - Global Industry Analysis and Forecast 2016 – 2023.
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| Drone |
Multirotor drones
are much simpler to operate and such simplicity of operation
encourages users to prefer it over other forms of drone. The
multirotor drone is controlled by changing the relative speed of the
rotor and adjusting the thrust produced by each of the rotor. The
multirotor drone market is expected to grow at a potential rate in
the next decade. Increase in use of multirotor drones in law
enforcement is driving the multirotor drones market.
Full Report on
Multirotor Drones Market is available at:
Effectiveness of the
multirotor drones and the technological advancement that is achieved
in this field, ability to perform under extreme conditions and
several innovative applications are the major factors driving the
multirotor drone market. Moreover rise in production of mutirotor
drones for non-military application like aerial shooting,
agriculture, environmental inspection, sports coverage has positively
impacted the multirotor market further. Multirotor drones offer
multiple benefits such as flexibility in operation, high precision in
action, low operational cost and low cost of ownership are among
other factors that are driving the multirotor drones market. These
factors have increased degree of acceptability for multirotor drone
for military and commercial usage. The penetration of the multirotor
drone in the aerial shooting applications is high compared to any
other application. Procedural issues and air traffic management norms
in terms of mandatory supervision on the drone are some of the
challenges faced by the multirotor drones market.
By payload the
multirotor drone market can be segmented into cameras, wireless HD
Video Transmission Systems, Electro-Optical Sensors, Wi-FI, GPS/Ins,
Lidar, Chemical, Biological, Radiological and Nuclear (CBRN) sensors,
Laser designators and sense & Avoid/tracking system. By
application, the multirotor drones can be segmented into aerial
shooting, defense, law enforcement, business & commerce and
environment inspection.
Among all the
regions multirotor drone market in North America and Europe is
expected to grow at a slower rate due to the economic downturn and
budget cuts. The budget cut in these regions is likely to slow down
the defense industry and the multirotor drone market. The mulitirotor
drone market in the Asia-Pacific and Rest of the world (RoW) region
is expected to grow at a faster rate as there is high investment in
the research and development of the UAV sector. Political dispute and
unrest are driving the demand growth multirotor drones in military
and defense sector in countries from Asia Pacific and Middle East.
The RoW region also has a high potential of growth in the multirotor
drone market.
Global key players
operating in the multirotor drone market are AeroVironment, Inc
(U.S), DJI Innovation (China), Israel Aerospace Industries (Israel),
Microdrones GmBh and 3D Robotics (U.S). These companies dominate the
multirotor drones market and are expected to dominate the market in
coming years. Aibotix (Germany), Draganfly Innovations (Canada),
Coptercam (Australia), Cyberhawk Innovation Lltd. (U.K), are the
other important players’ operationg in the multirotor drones market
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