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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Small Drones Market Outlook

The global small drones market size is assessed to grow in the forecast period of 2024-2032 at a CAGR of 13%. The market growth is being driven by robust military expenditure towards small drones for defence purposes and increasing usage in various commercial applications.

Increasing technological advancements are a key factor driving the growth of the global small drones market as development of new and improved small drones are bolstering their capabilities and applications. Small drones with superior surveillance capabilities and longer distance compatibility are beneficial for extensive monitoring and search and rescue operations. Integration of advanced technologies such as artificial intelligence and automation are resulting in superior small drones that can perform more advanced functions independently. Growing commercial uses of small drones in areas including product and medical delivery, agriculture monitoring, wildlife, atmospheric research, and airborne remote sensing, are anticipated to have a favourable effect on the market, in the coming years.

Global Small Drones Market

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Increasing Military Expenditure to Bolster the Small Drones Market Growth

The global market for small drones is being driven by the rising usage of small drones for various commercial and military applications. This can be associated with the compact design of the drone, improved efficiency, enhanced flexibility, and high accuracy, among other features, that aids in boosting productivity. In addition, small-sized drones are commonly available in a variety of shapes and configurations, which enables them to reach closed and confined places, proving beneficial in military and surveillance applications.

The defence sector is one of the major applications of small drones owing to robust investments in the sector by various governments to enhance national security. Small drones for military use are equipped with advanced sensors, cameras, and progressive, user-friendly digital software. In addition, the development of pocket-sized drones by leading manufacturers with strong hardware and lightweight structure, enhanced battery life, and fast speed, are advantageously influencing the market. With growing concerns regarding international conflicts, domestic disputes, and terrorism, countries across the globe are robustly spending on their defence and military systems, increasing the demand for small drones.

Small Drones Market Segmentation

Small drones are unmanned aerial vehicles (SUAV) which are small enough to be man-portable and can be used indoors or outdoors. The size of small drones ranges from mini drones to micro/nano drones and are commonly available as fixed-wing drones, rotary-wing drones, and hybrid/transitional drone types.

Global Small Drones Market

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Based on type, the market is categorised into:

  • Fixed-Wing Drones
  • Rotary-Wing Drones
  • Hybrid/Transitional Drones

By power source, the market is segmented into:

  • Lithium-Ion
  • Solar Cell
  • Fuel Cell
  • Hybrid Cell

On the basis of size, the market is bifurcated into:

  • Mini Drones
  • Micro/Nano Drones

Based on application, the market is divided into:

  • Commercial
  • Defence

The EMR report looks into the regional markets of small drones like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Commercial Applications to Hold a Significant Small Drones Market Share

Commercial applications of small drones are expected to occupy a significant share in the overall market over the coming years. This is attributable to the rising utility of small drones by the e-commerce industry for delivery. Usage of small drones for delivery purposes enables faster deliveries and lower costs as traffic and travelling costs can be avoided.

Global Small Drones Market

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The rising popularity of small drones for agricultural purposes, such as crop and livestock monitoring, irrigation management, and fertilisation, among others, are further augmenting the growth of the market for small drones. Characteristics such as lightweight structure, ease in portability, and safety are some of the factors positively influencing the small drones market value.

Key Players in the Global Small Drones Market

The report presents a detailed analysis of the following key players in the global small drones market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • Aerovironment, Inc.
  • Lockheed Martin Corporation
  • Aeronautics Ltd.
  • Thales Group
  • Elbit Systems, Ltd.
  • BAE Systems
  • Teledyne FLIR LLC 
  • SZ DJI Technology Co., Ltd. 
  • Parrot Drone SAS
  • Autel Robotics
  • BAE Systems
  • Skydio, Inc
  • Delair
  • Guangzhou Walkera Technology Co., Ltd.
  • Others

The comprehensive report looks at the micro and macro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Power Source
  • Size
  • Application
  • Region
Breakup by Type
  • Fixed-Wing Drones
  • Rotary-Wing Drones
  • Hybrid/Transitional Drones
Breakup by Power Source
  • Lithium-Ion
  • Solar Cell
  • Fuel Cell
  • Hybrid Cell
Breakup by Size
  • Mini Drones
  • Micro/Nano Drones
Breakup by Application
  • Commercial
  • Defence
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Aerovironment, Inc.
  • Lockheed Martin Corporation
  • Aeronautics Ltd.
  • Thales Group
  • Elbit Systems, Ltd.
  • BAE Systems
  • Teledyne FLIR LLC 
  • SZ DJI Technology Co., Ltd. 
  • Parrot Drone SAS
  • Autel Robotics
  • BAE Systems
  • Skydio, Inc
  • Delair
  • Guangzhou Walkera Technology Co., Ltd.
  • Others

Small Drones Market Report Snapshots

Small Drones Market Size

Small Drones Market Growth

Small Drones Market Share

Small Drones Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global market for small drones is projected to grow at a CAGR of 13% in the forecast period of 2024-2032.

The market is being driven by the robust military expenditure on small drones for defence purposes and increasing usage in commercial applications such as monitoring, precision agriculture, and product delivery.

The key small drones market trends include advancements in small drone technology, rising use by various governments, increasing accessibility, and integration of advanced sensors and cameras with the small drones.

The major regional markets for small drones are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The different types of small drones in the market are fixed-wing drones, rotary-wing drones, and hybrid/transitional drones.

The various power sources of small drones are lithium-ion, solar cell, fuel cell, and hybrid cell.

The primary sizes of small drones in the market are mini drones, and micro/nano drones.

The significant applications of small drones are commercial and defence.

The major players in the market, according to the report, are Aerovironment, Inc., Lockheed Martin Corporation, Aeronautics Ltd., Thales Group, Elbit Systems, Ltd., BAE Systems, Teledyne FLIR LLC, SZ DJI Technology Co., Ltd., Parrot Drone SAS, Autel Robotics, BAE Systems, Skydio, Inc, Delair, and Guangzhou Walkera Technology Co., Ltd., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124