Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 2.60 Billion

CAGR (2024-2029)

13.66%

Fastest Growing Segment

Commercial

Largest Market

North America

Market Size (2029)

USD 5.59 Billion





Market Overview

Global Multirotor UAV Market valued at USD 2.60 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 13.66% through 2029.The Global Multirotor UAV (Unmanned Aerial Vehicle) market is witnessing rapid growth driven by advancements in technology and expanding applications across various industries. Multirotor UAVs, characterized by their multiple rotors and vertical take-off and landing capabilities, offer significant advantages in terms of maneuverability, versatility, and ease of operation compared to traditional fixed-wing UAVs. These drones are extensively used in diverse sectors such as agriculture, construction, infrastructure inspection, aerial photography, and surveillance.

Moreover, advancements in battery technology and lightweight materials have significantly enhanced the flight endurance and payload capacity of multirotor UAVs. Improved battery life allows for longer mission durations, while lighter materials contribute to increased agility and efficiency in flight. These technological advancements are driving operational efficiencies and reducing costs associated with UAV operations, further fueling market growth.

However, the market faces challenges such as regulatory complexities and safety concerns. Regulatory frameworks governing UAV operations vary across regions and often require operators to adhere to strict guidelines regarding airspace usage, data privacy, and safety protocols. Addressing these regulatory challenges and ensuring compliance remain critical for the widespread adoption of multirotor UAVs across industries.

Key Market Drivers

Versatility in Applications

The Global Multirotor UAV Market is driven by its exceptional versatility in various applications. These UAVs, with their multiple rotors and stable flight characteristics, are well-suited for a wide range of industries. In aerial photography and videography, multirotor drones capture breathtaking shots for the film, television, and advertising sectors. They provide valuable data for precision agriculture, helping farmers monitor crops and optimize resource use. In construction and infrastructure, they assist with site surveying and mapping. Security and surveillance industries employ multirotor UAVs for monitoring and rapid response. The adaptability of multirotor drones to diverse tasks fuels their demand across industries.

Ease of Operation and Accessibility

Another key driver of the Global Multirotor UAV Market is the ease of operation and accessibility they offer. These drones are designed with user-friendliness in mind, making them accessible to a wide range of users, including hobbyists, professionals, and enterprises. The intuitive controls and stability of multirotor UAVs allow even beginners to operate them effectively. Additionally, advancements in automation, including GPS-assisted navigation and obstacle avoidance systems, have simplified the piloting process. This accessibility has democratized drone technology, enabling small businesses, researchers, and enthusiasts to leverage the benefits of multirotor UAVs. In 2022, France has agreed to continue contractor logistics support for its MQ-9A Reaper fleet with General Atomics-Aeronautical Systems Inc (GA-ASI). Itis a follow-on contract to support the French Air and Space Force with aircraft components, spares, and accessories; training equipment and simulator software; upgrades to the Predator Mission Aircrew Training System (PMATS).

Expanding Consumer and Hobbyist Market

The consumer and hobbyist market segment plays a significant role in driving the Global Multirotor UAV Market. As drones have become more affordable and user-friendly, they have gained popularity among hobbyists, drone enthusiasts, and recreational users. These individuals purchase multirotor drones for various purposes, including capturing aerial photographs and videos, exploring new flying experiences, and racing. The growth of this segment has spurred innovation, leading to the development of consumer-friendly features and more capable drones, enhancing the overall market.

Adoption in Professional Photography and Filmmaking

Professional photography and filmmaking are key drivers for the Global Multirotor UAV Market. Multirotor drones equipped with high-resolution cameras have revolutionized the way photographers and filmmakers capture images and footage. They offer unique perspectives and the ability to access difficult or remote locations. This technology has found widespread use in the film and television industry, allowing filmmakers to achieve cinematic aerial shots that were previously challenging and expensive to capture. In the advertising and real estate sectors, multirotor drones create compelling visuals for marketing and promotions.

Precision Agriculture and Environmental Monitoring

The adoption of multirotor UAVs for precision agriculture and environmental monitoring is another significant driver. These drones assist in optimizing agricultural practices by providing real-time data on crop health, soil conditions, and irrigation needs. Farmers use multispectral and thermal cameras on multirotor drones to detect issues like pest infestations or nutrient deficiencies. Additionally, multirotor UAVs contribute to environmental conservation efforts by monitoring wildlife populations, tracking deforestation, and assessing the impact of climate change. The ability to capture detailed, geospatial data is transforming the way these industries operate and make decisions, which drives the demand for multirotor drones.


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Key Market Challenges

Regulatory and Airspace Challenges

One of the primary challenges facing the Global Multirotor UAV Market is the complex web of regulations and restrictions governing the operation of drones in various regions. These regulations encompass aspects such as drone registration, pilot certification, no-fly zones, altitude limitations, and more. The regulatory landscape is continually evolving as authorities seek to balance the benefits of drone technology with safety and security concerns. Compliance with these regulations can be cumbersome for both recreational and professional users of multirotor UAVs. Moreover, the management of airspace, especially in urban areas, is a growing challenge. Ensuring the safe coexistence of multirotor drones with traditional manned aviation remains a significant obstacle.

Safety Concerns and Public Perception

Safety concerns associated with multirotor UAVs represent a critical challenge. As these drones become more prevalent in various environments, there is an increased risk of accidents and incidents, both in the air and on the ground. Collisions with other aircraft, buildings, or even people can have serious consequences. Public perception and concerns about safety also play a role in shaping the regulatory environment. Negative incidents involving drones can lead to public fear and a backlash against the technology. Addressing safety concerns through technology and education is crucial for the responsible growth of the multirotor UAV market.

Privacy Issues

Privacy concerns are a significant challenge in the Global Multirotor UAV Market. The ability of drones to capture high-resolution images and videos from the sky raises privacy questions, especially in residential and urban areas. Users of multirotor UAVs must be mindful of not infringing on the privacy of individuals or organizations. Striking a balance between the advantages of aerial data collection and respecting privacy rights is an ongoing challenge. Privacy laws and regulations are still evolving to address this issue, and operators must be well-informed about their legal obligations.

Limited Flight Time and Payload Capacity

Multirotor drones are known for their agility and versatility, but they typically have limited flight times and payload capacities compared to fixed-wing drones. The challenge lies in optimizing their flight endurance while accommodating the necessary sensors and equipment for specific applications. Extended flight times are particularly critical for missions like aerial surveys, search and rescue operations, and infrastructure inspections. Developing advanced battery technology and optimizing power consumption are ongoing challenges to overcome the limitations of multirotor UAVs.

Competition and Innovation

The Global Multirotor UAV Market is highly competitive, with numerous manufacturers and developers continually innovating to gain a competitive edge. While competition drives innovation, it can also present challenges for companies seeking to differentiate themselves and maintain profitability. As more players enter the market, pricing pressures can reduce profit margins. Staying at the forefront of technology and offering cutting-edge features and capabilities is a constant challenge for businesses. Moreover, intellectual property and patent disputes can arise, complicating the innovation landscape. Companies must navigate these challenges to remain competitive and profitable.

Key Market Trends

Advancements in Miniaturization and Portability

A prominent trend in the Global Multirotor UAV Market is the ongoing development of smaller, more compact, and highly portable drones. Miniaturization is driven by the demand for greater mobility and convenience. Miniaturized multirotor UAVs are easier to transport, making them more accessible for both recreational and professional users. These smaller drones are also more discreet, allowing for unobtrusive operation in various environments. In addition, they are well-suited for specific applications such as indoor inspections and close-quarters surveillance. The trend of miniaturization is reshaping the market, enabling a wider range of applications and users while promoting innovation in drone design and technology.

Integration of Advanced Sensors and Imaging Technology

The integration of advanced sensors and imaging technology is a key trend in the Global Multirotor UAV Market. Multirotor drones are increasingly equipped with high-resolution cameras, multispectral sensors, LiDAR, thermal imaging, and other specialized equipment to expand their capabilities. This trend is driven by the growing demand for drones that can capture precise and comprehensive data for various applications. In agriculture, multispectral sensors enable the monitoring of crop health and soil conditions. In search and rescue operations, thermal imaging cameras help locate missing individuals. The integration of cutting-edge technology enhances the value of multirotor UAVs across industries, making them indispensable tools for data collection and analysis.

Automation and Artificial Intelligence (AI)

Automation and artificial intelligence (AI) are transforming the Global Multirotor UAV Market. Drones are becoming increasingly autonomous, capable of performing tasks without direct human intervention. Automation is particularly beneficial in applications like aerial mapping, where drones can follow predefined flight paths to capture comprehensive data. AI plays a role in tasks such as object recognition, enabling drones to identify and track objects of interest. In agriculture, AI-powered drones can analyze crop data in real-time and make decisions on irrigation or fertilization. These technologies enhance efficiency and reduce the demand for manual drone piloting, expanding the range of applications and improving the quality of data collected.

Specialized Industry Solutions

The customization of multirotor UAVs for specialized industry solutions is a significant trend. As industries increasingly recognize the value of drone technology, manufacturers and developers are tailoring multirotor UAVs to meet specific sector needs. For example, in the agriculture industry, drones are designed to carry multispectral sensors for crop monitoring. In the film and media sector, drones are equipped with cinema-quality cameras and gimbal systems for cinematic aerial shots. Inspection and surveillance drones are fortified with obstacle avoidance systems and durability features. These industry-specific solutions enhance the effectiveness and relevance of multirotor UAVs, contributing to their continued growth.

Collaborations and Partnerships

Collaborations and partnerships between drone manufacturers, software developers, and industry stakeholders are shaping the Global Multirotor UAV Market. These partnerships result in integrated solutions that cater to specific industry needs. For example, collaborations between drone manufacturers and agricultural technology companies have led to multirotor UAVs tailored for precision agriculture, equipped with sensors for crop monitoring and analysis. Partnerships with environmental organizations have resulted in drones designed for wildlife tracking and conservation efforts. These collaborations accelerate the adoption of multirotor UAVs in various sectors and promote innovation by combining industry expertise with drone technology.

In 2024, Manifold Robotics proudly announces the successful completion of a collaborative product development initiative with the New York Power Authority (NYPA), focused on enhancing the safety and efficiency of Unmanned Aircraft System (UAS)-based inspections of electric transmission infrastructure. Together, Manifold Robotics and NYPA have created an EMF sensing system for UASs. This system enables UASs to detect electromagnetic fields emitted by transmission lines, accurately determining their presence and estimating their proximity. This capability facilitates automated collision avoidance or precise tracking of transmission lines during inspections. The development process involved designing and manufacturing electric and magnetic field sensors with high sensitivity, tailored to the size and weight constraints of small UASs. Advanced software algorithms were also developed to analyze real-time EMF data during flight, enabling the UAS to autonomously respond by avoiding collisions or maintaining precise alignment with the transmission lines.

Segmental Insights

Rotors Analysis

In the Global Multirotor UAV (Unmanned Aerial Vehicle) market, the segment dominated by UAVs with less than 10 rotors is currently prevailing over those with more than 10 rotors. This dominance can be attributed to several key factors. UAVs with less than 10 rotors, typically quadcopters and hexa-copters, are widely favored for their simplicity, maneuverability, and ease of operation. These characteristics make them suitable for a diverse range of applications such as aerial photography, surveillance, agriculture, and inspections. Their compact size and lightweight nature also contribute to their versatility, allowing them to operate efficiently in various environments, including urban settings and confined spaces.

Furthermore, technological advancements have significantly enhanced the capabilities of smaller multirotor UAVs. Improvements in battery life, flight stability, payload capacity, and sensor integration have bolstered their performance, making them increasingly attractive to both professional and recreational users. On the other hand, UAVs with more than 10 rotors, such as octocopters and dodeca-copters, offer advantages in terms of redundancy and lifting capacity. They are capable of carrying heavier payloads and maintaining stability in adverse weather conditions. However, these larger UAVs often require more complex control systems and are generally more expensive to manufacture and operate, limiting their widespread adoption compared to their smaller counterparts. Overall, the dominance of multirotor UAVs with less than 10 rotors in the market underscores their practicality, adaptability, and technological maturity, which continue to drive their popularity across various industries globally.



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Regional Insights

The Global Multirotor UAV (Unmanned Aerial Vehicle) market segmented by region into North America, Europe & CIS, Asia Pacific, South America, and the Middle East & Africa demonstrates varied dynamics and opportunities across different geographical areas. North America is the dominating segment, the market benefits from robust research and development activities, advanced technological infrastructure, and a mature regulatory framework conducive to UAV operations. The region's innovation ecosystem supports the development of cutting-edge multirotor UAV technologies, driving applications in industries such as agriculture, media, and public safety. Additionally, North America's strong aerospace industry and investment in autonomous technologies contribute to the growth of the multirotor UAV market.

Europe & CIS region exhibits a similar trend with a focus on technological advancement and stringent regulatory standards. European countries are at the forefront of adopting UAV technologies for various applications, including environmental monitoring, infrastructure inspection, and urban planning. The region's emphasis on sustainability and green technologies encourages the use of multirotor UAVs for precision agriculture and conservation efforts. Collaborative efforts between government agencies, research institutions, and private enterprises further propel innovation in multirotor UAV capabilities, ensuring compliance with regulatory requirements while advancing operational efficiency.

In the Asia Pacific region, rapid economic growth, urbanization, and technological adoption drive the demand for multirotor UAVs across diverse industries. Countries like China, Japan, and South Korea are investing heavily in UAV technologies for applications ranging from agricultural automation to smart city initiatives. The region's expansive agricultural sector benefits from the use of multirotor UAVs for crop monitoring, irrigation management, and pest control, enhancing productivity and sustainability. Furthermore, Asia Pacific's burgeoning e-commerce sector and logistics industry utilize UAVs for last-mile delivery services, leveraging the agility and efficiency of multirotor UAVs in congested urban environments.

South America presents opportunities for growth in the multirotor UAV market, driven by increasing applications in mining, forestry, and environmental monitoring. The region's vast and diverse geographical landscape necessitates reliable aerial surveying and inspection solutions, where multirotor UAVs excel in providing accurate data collection capabilities. Governments in South America are progressively adopting UAV technologies for disaster response, surveillance, and infrastructure development, supporting economic growth and enhancing operational efficiencies.

In the Middle East & Africa, the multirotor UAV market is characterized by growing investments in defense, security, and infrastructure projects. Governments in the region deploy UAVs for border surveillance, oil and gas pipeline monitoring, and humanitarian aid missions, leveraging the versatility and operational capabilities of multirotor UAVs in challenging environments. The market's expansion in this region is supported by advancements in UAV technology and strategic initiatives aimed at enhancing national security and economic development through innovative aerial solutions.

Recent Developments

  • In 2023, JOUAV has launched its latest innovation, the PH-20 multi-rotor drone, designed for versatile aerial applications. This new drone promises advanced features and capabilities suitable for diverse commercial and industrial uses. Equipped with cutting-edge technology, the PH-20 aims to set new standards in performance and reliability in the drone industry. Industry experts anticipate significant impact on aerial photography, mapping, and surveillance operations. JOUAV's commitment to innovation underscores its leadership in delivering next-generation drone solutions.
  • In 2024, Israeli unmanned aerial vehicle (UAV) manufacturer Aeronautics introduced a new version of its Octoper tactical multi-rotor UAV. Named the Hybrid Octoper, this UAV utilizes a hybrid propulsion system to extend its operational endurance. The hybrid propulsion integrates a generator as the primary energy source, significantly enhancing mission endurance. Additionally, it incorporates a backup battery that allows for 10 minutes of stealthy flight, features in-flight engine on/off capability, and provides 4,000 W of continuous power. The Hybrid Octoper boasts a mission endurance of up to four hours.
  • In 2023, DroneAcharya Aerial Innovations Limited (DAIL) has unveiled BHUJANG (Battlefield Hybrid UAV for Joint Attack, Navigation and Guarding), a new drone designed for heavy-lift, high-altitude, long-range missions with versatile capabilities. Marketed as India’s premier super high-altitude multi-rotor multi-role drone, BHUJANG operates in a quadcopter setup with four engines and includes an Electro-Optic (EO) sensor along with weaponry.

Key Market Players

  • Aerovironment, Inc.
  • Israel Aerospace Industries (IAI)
  • SZ DJI Technology Co., Ltd.
  • 3DR Inc.
  • Coptercam
  • Draganfly Innovations Inc.
  • Skydio, Inc.
  • Aero Systems West, Inc.
  • Cyberhawk Innovations Limited
  • Volatus Aerospace Corp.

By Application

By Rotors

By Payload

By Region

  • Military
  • Homeland Security
  • Commercial
  • Less than 10
  • More than 10
  • Cameras
  • Electro-Optical Sensors
  • GPS
  • Lidar
  • Laser Designator
  • Others
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Multirotor UAV Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Multirotor UAV Market, By Application:

o   Military

o   Homeland Security

o   Commercial

  • Multirotor UAV Market, By Rotors:

o   Less than 10

o   More than 10

  • Multirotor UAV Market, By Payload:

o   Cameras

o   Electro-Optical Sensors

o   GPS

o   Lidar

o   Laser Designator

o   Others

  • Multirotor UAV Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Multirotor UAV Market.

Available Customizations:

Global Multirotor UAV Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Multirotor UAV Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Multirotor UAV Market

5.    Global Multirotor UAV Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Application Market Share Analysis (Military, Homeland Security, Commercial)

5.2.2.    By Rotors Market Share Analysis (Less than 10, More than 10)

5.2.3.    By Payload Market Share Analysis (Cameras, Electro-Optical Sensors, GPS, Lidar, Laser Designator, and Others)   

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        Asia-Pacific Market Share Analysis

5.2.4.2.        Europe & CIS Market Share Analysis

5.2.4.3.        North America Market Share Analysis

5.2.4.4.        South America Market Share Analysis

5.2.4.5.        Middle East & Africa Market Share Analysis

5.2.5.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Multirotor UAV Market Mapping & Opportunity Assessment

5.3.1.    By Application Market Mapping & Opportunity Assessment

5.3.2.    By Rotors Market Mapping & Opportunity Assessment

5.3.3.    By Payload Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Multirotor UAV Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value  

6.2.  Market Share & Forecast

6.2.1.    By Application Market Share Analysis

6.2.2.    By Rotors Market Share Analysis

6.2.3.    By Payload Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        China Market Share Analysis

6.2.4.2.        India Market Share Analysis

6.2.4.3.        Japan Market Share Analysis

6.2.4.4.        Indonesia Market Share Analysis

6.2.4.5.        Thailand Market Share Analysis

6.2.4.6.        South Korea Market Share Analysis

6.2.4.7.        Australia Market Share Analysis

6.2.4.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Multirotor UAV Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value  

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Application Market Share Analysis

6.3.1.2.2.           By Rotors Market Share Analysis

6.3.1.2.3.           By Payload Market Share Analysis

6.3.2.    India Multirotor UAV Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Application Market Share Analysis

6.3.2.2.2.           By Rotors Market Share Analysis

6.3.2.2.3.           By Payload Market Share Analysis

6.3.3.    Japan Multirotor UAV Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Application Market Share Analysis

6.3.3.2.2.           By Rotors Market Share Analysis

6.3.3.2.3.           By Payload Market Share Analysis

6.3.4.    Indonesia Multirotor UAV Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Application Market Share Analysis

6.3.4.2.2.           By Rotors Market Share Analysis

6.3.4.2.3.           By Payload Market Share Analysis

6.3.5.    Thailand Multirotor UAV Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value  

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Application Market Share Analysis

6.3.5.2.2.           By Rotors Market Share Analysis

6.3.5.2.3.           By Payload Market Share Analysis

6.3.6.    South Korea Multirotor UAV Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value  

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Application Market Share Analysis

6.3.6.2.2.           By Rotors Market Share Analysis

6.3.6.2.3.           By Payload Market Share Analysis

6.3.7.    Australia Multirotor UAV Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value  

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Application Market Share Analysis

6.3.7.2.2.           By Rotors Market Share Analysis

6.3.7.2.3.           By Payload Market Share Analysis

7.    Europe & CIS Multirotor UAV Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value  

7.2.  Market Share & Forecast

7.2.1.    By Application Market Share Analysis

7.2.2.    By Rotors Market Share Analysis

7.2.3.    By Payload Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Market Share Analysis

7.2.4.2.        Spain Market Share Analysis

7.2.4.3.        France Market Share Analysis

7.2.4.4.        Russia Market Share Analysis

7.2.4.5.        Italy Market Share Analysis

7.2.4.6.        United Kingdom Market Share Analysis

7.2.4.7.        Belgium Market Share Analysis

7.2.4.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Multirotor UAV Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Application Market Share Analysis

7.3.1.2.2.           By Rotors Market Share Analysis

7.3.1.2.3.           By Payload Market Share Analysis

7.3.2.    Spain Multirotor UAV Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value  

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Application Market Share Analysis

7.3.2.2.2.           By Rotors Market Share Analysis

7.3.2.2.3.           By Payload Market Share Analysis

7.3.3.    France Multirotor UAV Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value  

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Application Market Share Analysis

7.3.3.2.2.           By Rotors Market Share Analysis

7.3.3.2.3.           By Payload Market Share Analysis

7.3.4.    Russia Multirotor UAV Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value  

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Application Market Share Analysis

7.3.4.2.2.           By Rotors Market Share Analysis

7.3.4.2.3.           By Payload Market Share Analysis

7.3.5.    Italy Multirotor UAV Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value  

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Application Market Share Analysis

7.3.5.2.2.           By Rotors Market Share Analysis

7.3.5.2.3.           By Payload Market Share Analysis

7.3.6.    United Kingdom Multirotor UAV Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value  

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Application Market Share Analysis

7.3.6.2.2.           By Rotors Market Share Analysis

7.3.6.2.3.           By Payload Market Share Analysis

7.3.7.    Belgium Multirotor UAV Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value  

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Application Market Share Analysis

7.3.7.2.2.           By Rotors Market Share Analysis

7.3.7.2.3.           By Payload Market Share Analysis

8.    North America Multirotor UAV Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value  

8.2.  Market Share & Forecast

8.2.1.    By Application Market Share Analysis

8.2.2.    By Rotors Market Share Analysis

8.2.3.    By Payload Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        United States Market Share Analysis

8.2.4.2.        Mexico Market Share Analysis

8.2.4.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Multirotor UAV Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value  

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Application Market Share Analysis

8.3.1.2.2.           By Rotors Market Share Analysis

8.3.1.2.3.           By Payload Market Share Analysis

8.3.2.    Mexico Multirotor UAV Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value  

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Application Market Share Analysis

8.3.2.2.2.           By Rotors Market Share Analysis

8.3.2.2.3.           By Payload Market Share Analysis

8.3.3.    Canada Multirotor UAV Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value  

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Application Market Share Analysis

8.3.3.2.2.           By Rotors Market Share Analysis

8.3.3.2.3.           By Payload Market Share Analysis

9.    South America Multirotor UAV Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value  

9.2.  Market Share & Forecast

9.2.1.    By Application Market Share Analysis

9.2.2.    By Rotors Market Share Analysis

9.2.3.    By Payload Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Brazil Market Share Analysis

9.2.4.2.        Argentina Market Share Analysis

9.2.4.3.        Colombia Market Share Analysis

9.2.4.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Multirotor UAV Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Application Market Share Analysis

9.3.1.2.2.           By Rotors Market Share Analysis

9.3.1.2.3.           By Payload Market Share Analysis

9.3.2.    Colombia Multirotor UAV Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value  

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Application Market Share Analysis

9.3.2.2.2.           By Rotors Market Share Analysis

9.3.2.2.3.           By Payload Market Share Analysis

9.3.3.    Argentina Multirotor UAV Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Application Market Share Analysis

9.3.3.2.2.           By Rotors Market Share Analysis

9.3.3.2.3.           By Payload Market Share Analysis

10.  Middle East & Africa Multirotor UAV Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value   

10.2.            Market Share & Forecast

10.2.1. By Application Market Share Analysis

10.2.2. By Rotors Market Share Analysis

10.2.3. By Payload Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     South Africa Market Share Analysis

10.2.4.2.     Turkey Market Share Analysis

10.2.4.3.     Saudi Arabia Market Share Analysis

10.2.4.4.     UAE Market Share Analysis

10.2.4.5.     Rest of Middle East & Africa Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Multirotor UAV Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Application Market Share Analysis

10.3.1.2.2.         By Rotors Market Share Analysis

10.3.1.2.3.         By Payload Market Share Analysis

10.3.2. Turkey Multirotor UAV Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Application Market Share Analysis

10.3.2.2.2.         By Rotors Market Share Analysis

10.3.2.2.3.         By Payload Market Share Analysis

10.3.3. Saudi Arabia Multirotor UAV Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value  

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Application Market Share Analysis

10.3.3.2.2.         By Rotors Market Share Analysis

10.3.3.2.3.         By Payload Market Share Analysis

10.3.4. UAE Multirotor UAV Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value  

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Application Market Share Analysis

10.3.4.2.2.         By Rotors Market Share Analysis

10.3.4.2.3.         By Payload Market Share Analysis

11.  SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12.  Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. Aerovironment, Inc.

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Israel Aerospace Industries (IAI)

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. SZ DJI Technology Co., Ltd.

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. 3DR Inc.

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Coptercam

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Draganfly Innovations Inc.

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Skydio, Inc. 

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Aero Systems West, Inc.

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Cyberhawk Innovations Limited

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10. Volatus Aerospace Corp.

14.1.10.1.     Company Details

14.1.10.2.     Key Product Offered

14.1.10.3.     Financials (As Per Availability)

14.1.10.4.     Recent Developments

14.1.10.5.     Key Management Personnel

15.  Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Application

15.1.3. Target Payload  

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Multirotor UAV Market was estimated to be USD 2.60 Billion in 2023.

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In 2023, the Military sector dominated the Global Multirotor UAV Market, driven by increased adoption for reconnaissance, surveillance, and tactical operations, reflecting significant advancements in defense technology and operational capabilities.

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The dominant region in the Global Multirotor UAV Market is North America attributed to the region's advanced technology infrastructure, high defense budget, and early adoption of multirotor UAVs for a range of applications such as surveillance, agricultural monitoring, and aerial photography.

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The major drivers for the Global Multirotor UAV Market include their versatility in applications like aerial photography, surveillance, and agriculture, as well as their ease of operation and affordability, making them accessible to a wide range of users.

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Srishti Verma

Business Consultant
Press Release

Multirotor UAV Market to Grow with a CAGR of 13.66% Globally through to 2029

Jul, 2024

Technological advancements, expanding applications across industries, and increasing demand for aerial data solutions are the factors driving the market in the forecast period.