How big is the Small UAV Market?

The Small UAV Market size is expected to reach USD 6.53 billion in 2024 and grow at a CAGR of 14.06% to reach USD 12.61 billion by 2029. Read More

What is the current Small UAV Market size?

In 2024, the Small UAV Market size is expected to reach USD 6.53 billion. Read More

Who are the key players in Small UAV Market?

SZ DJI Technology Co., Ltd., Lockheed Martin Corporation, THALES, AeroVironment, Inc. and Teledyne Technologies Incorporated are the major companies operating in the Small UAV Market. Read More

Which is the fastest growing region in Small UAV Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Small UAV Market?

In 2024, the North America accounts for the largest market share in Small UAV Market. Read More

What years does this Small UAV Market cover, and what was the market size in 2023?

In 2023, the Small UAV Market size was estimated at USD 5.61 billion. The report covers the Small UAV Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Small UAV Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Small UAV Market Share

Statistics for the 2023 & 2024 Small UAV market share, created by Mordor Intelligence™ Industry Reports. Small UAV share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Small UAV Industry

The small UAV market is fragmented, with numerous key players vying for dominance. While stringent safety and regulatory measures in defense and homeland security pose barriers to new entrants, the commercial and civil sector is poised for rapid expansion due to its more open competitive landscape. Key players in this market are AeroVironment Inc., SZ DJI Technology Co. Ltd, Teledyne Technologies Incorporated, THALES, and Lockheed Martin Corporation.

These industry leaders leverage cutting-edge technologies to craft innovative small UAV systems, a strategy that bolsters their market share and attracts a fresh customer base. Product innovation and robust R&D investments are expected to be pivotal for established and emerging players to thrive in this dynamic market.