Small Drones Market

Thales and DJI are leading players in Small Drones Market

Small Unmanned Aerial Vehicles (SUAVs) are remotely piloted aerial vehicles that play a significant role in the defense and commercial sectors. The small drones market is estimated at USD 13.40 billion in 2018 and is projected to reach USD 40.31 billion by 2025, at a CAGR of 17.04% from 2018 to 2025. The increasing use of small drones to carry out advanced patrolling of marine borders is one of the most significant factors projected to drive the growth of the market. The civilian use of small drones has slowly started garnering acceptance across the globe due to the easing of various regulations that prevented their usage in the civil sector earlier.

Northrop Grumman (US), Textron (US), Boeing (US), DJI (China), Parrot (France), 3D Robotics (US), and AeroVironment (US) are key players operating in the small drones market. These market players focus on securing contracts to enhance their market presence and widen their customer base. Leading market players are also focused on increasing investments in R&D activities to introduce new products in the small drones market.

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Thales is a key player in the small drones market. The company offers a wide range of tactical, ISR, and delivery drones. Thales designs and manufactures small high-performance drones for the military sector. The company is focused on acquiring contracts from the US government and signing agreements with other companies in the small drones market to enhance its revenue and strengthen its market position. It also intends to expand its core business by developing new products in the small drones market. The company has excellent R&D capabilities and a strong brand image in the small drones market. In January 2017, Thales was awarded a contract to deliver 105 SpyRanger Drones to the Defence Ministry of France. This development strategy enabled Thales to strengthen its strategic position in the small drones market.

DJI holds a significant share of the commercial small drones market. The company manufactures a wide range of products, including flying cameras, flight controllers for multirotors, accessories for helicopters, and camera gimbals (aerial and handheld). Products developed by the company are used in both, civilian and military applications. The company’s strategy for sustainable long-term growth involves undergoing technological innovations to develop new products in the small drones market. For instance, in November 2016, DJI launched Matrice 600 Pro with improved flight performance, powerful battery charging system, and improved loading capacity. The new product launch strategy has enabled the company to enhance its existing line of products and widen its customer base in the small drones market.

Related Reports:

Small Drones Market by Type (Fixed-Wing, Rotary-Wing, Hybrid/Transitional), Application, MTOW (<5 kg, 5–25 kg, 25–150 kg), Payload (Camera, CBRN Sensors, Electronic Intelligence Payload, Radar), Power Source, and Region - Global Forecast to 2025

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Report Code
AS 2241
Published ON
Sep, 2018
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