DUBLIN, Aug. 8, 2019 /PRNewswire/ — The “Small Drones – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

Small Drones market worldwide is projected to grow by US$23.2 Billion, guided by a compounded growth of 15.6%

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Defense, one of the segments analyzed and sized in this study, displays the potential to grow at over 16%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.

Poised to reach over US$14.5 Billion by the year 2025, Defense will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 13.2% growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over US$853.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$1.2 Billion worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Defense will reach a market size of US$700.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 22.4% over the next couple of years and add approximately US$6.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include

• 3D Robotics, Inc. (3Dr)
• Aerovironment
• Boeing Company
• Dji
• Elbit Systems Ltd.
• Israel Aerospace Industries
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Parrot Drones Sas
• Raytheon Company
• Saab Ab
• Textron
• Thales Group
• Turkish Aerospace Industries
• Microdrones Gmbh

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY1. MARKET OVERVIEW

• Global Competitor Market Shares
• Small Drones Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures
• US Small Drones Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures
• European Small Drones Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

For more information about this report visit https://www.researchandmarkets.com/r/yg065d

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SOURCE Research and Markets