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Download Free sampleThe global Small Drones market was valued at 573.66 Million USD in 2021 and will grow with a CAGR of 12.68% from 2021 to 2027, based on newly published report.
The prime objective of Small Drones Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Small Drones Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Small Drones are classified based on their size; they are small enough to be carried and operated by a single person. Small Drones can be hand-launched, and can have vertical take-off and landing (VTOL), or short take-off and landing (STOL) capabilities. A majority of the small Drones are either electric-powered or solar-powered. The Asia-Pacific region is expected to exhibit the highest growth rate in the small drones market, and is projected to grow at a highest CAGR during the forecast period from 2018 to 2023. The Asia-Pacific market is expected to grow at the highest CAGR, because several Asia-Pacific countries such as India, China, Australia, South Korea, and others have focused production of small drones for commercial and defense purposes, such as crop monitoring, logistics, reconnaissance and surveillance, among others.
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