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.
The latest research report on the Nano Drones market for the forecast period, 2020 – 2027 is involved in screening the business environment and the companies operating in the Nano Drones industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of the total revenue generated as well as the output/volume produced year after year. Other aspects including but not limited to the market drivers, key opportunities and probable restraints are thoroughly assessed during the study.
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key findings from the report
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 has 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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Payload Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Camera
Control Systems
Tracking Systems
Others
End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Military
Commercial
Price Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Budget
Medium
Premium
Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Nano Drones Market Definition
1.2. Nano Drones Market Research Scope
1.3. Nano Drones Market Methodology
1.4. Nano Drones Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Nano Drones 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
Continued…
