North America Multirotor Drone Market Size, Share & Industry Trends Analysis Report By End-use, By Payload (Camera & Imaging Systems, Control Systems, Tracking Systems), By Type, By Application, By Country and Growth Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Multirotor Drone Market
Market Report Description
The North America Multirotor Drone Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
All of the rotors on a multirotor drone operate in unison and at a relative speed. Multirotor drones have independent rotors, and the relative speeds of each rotor are adjusted to produce the necessary thrust and torque to lift the drone. Even if one of the rotors malfunctions, the unit still maintains stability, allowing for aerial hovering. The market for Multirotor Drones has increased due to features that minimize machinery loss and offer prolonged in-air stability.
Coaxial rotors are used in multirotor drone construction to increase power and save weight. Rotors on both ends of an arm eliminate the rotational torque and improve the drone's stability. The Defense Sector has seen a surge in demand for Multirotor Drones as a result of an increase in demand for reliable rotary Drone for reconnaissance tasks. Long shots are now frequently captured by drones in the film and entertainment industries. Drone utilization offers a cost-effective method and lowers the risk and costs associated with using aerial vehicles.
Some of the top drone manufacturers and businesses that use multirotor drone solutions are based in North America. These two elements are enabling the regional drone intelligence market to expand. When it comes to using the most cutting-edge technologies, North America has always been at the forefront. Additionally, the expansion of building activities is facilitating the widespread adoption of multirotor drones, as these tools assist property owners in visualizing and analyzing the progression of the various construction phases to preserve project timelines.
The US market dominated the North America Multirotor Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $992.5 million by 2028. The Canada market is poised to grow at a CAGR of 15.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 14.1% during (2022 - 2028).
Based on End-use, the market is segmented into Military & Government, Commercial, and Consumer. Based on Payload, the market is segmented into Camera & Imaging Systems, Control Systems, Tracking Systems, and Others. Based on Type, the market is segmented into Quadcopters, Hexacopters, Tricopters, and Octocopters. Based on Application, the market is segmented into Surveillance, Inspection, & Monitoring, Mapping & Surveying, Aerial Photography, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., Autel Robotics, ideaForge Technology Pvt. Ltd., Draganfly Inc., Embention Sistemas Inteligentes SA, Aero Systems West Inc., Australian UAV Pty Ltd, Centeye, Inc., and Cyberhawk Innovations Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Military & Government
- Camera & Imaging Systems
- Control Systems
- Tracking Systems
- Surveillance, Inspection, & Monitoring
- Mapping & Surveying
- Aerial Photography
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AeroVironment, Inc.
- SZ DJI Technology Co., Ltd.
- Autel Robotics
- ideaForge Technology Pvt. Ltd.
- Draganfly Inc.
- Embention Sistemas Inteligentes SA
- Aero Systems West Inc.
- Australian UAV Pty Ltd
- Centeye, Inc.
- Cyberhawk Innovations Ltd.
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free