Micro UAV Market
Micro UAV Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Micro UAV Market Size and Growth
The Micro UAV market is experiencing significant growth due to rising demand in commercial and military applications. Current market size is estimated at approximately $2 billion, with projections indicating a compound annual growth rate (CAGR) of 15% over the next five years. Key drivers include advancements in technology and increasing regulatory support.
Companies Covered
(Covid 19 Impact Covered)
◍ DJI
◍ Teledyne FLIR
◍ Parrot
◍ AeroVironment
◍ Lockheed Martin
◍ Huaqing Innovation
◍ Hubsan
◍ BAE
The micro UAV market is competitive, with key players like DJI, Teledyne FLIR, and AeroVironment innovating to enhance capabilities. Companies focus on various applications including surveillance, agriculture, and mapping, driving market growth. Notable sales figures include DJI at approximately $3.4 billion, and AeroVironment around $300 million.
Market Segmentation
By Application
Commercial
Military
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By Product
Quadcopter Drone
Biplane Drone
Market Growth
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$ X Billion USD
