Published Date: 31-Mar-23
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Drone Motor Market size is expected to reach $5.5 billion by 2028, rising at a market growth of 14.4% CAGR during the forecast period.
The Brushed segment is showcasing a CAGR of 15.3% during (2022 - 2028). Brush motors are a typical type of electric motor seen in drones or other small aircraft. Brush motors are noted for their affordability, simplicity, and dependability. Typically, they are employed to power a drone's rotors, which provide the necessary lift to remain airborne. They can also be utilized for drone propulsion and control. Brush motors are typically more audible and less efficient than brushless motors.
The Rotary Wing segment is leading the Global Drone Motor Market by Drone Type in 2021 thereby, achieving a market value of $3.1 billion by 2028. Rotary-wing drones utilize rotors that operate as miniature airfoils rotating at high speeds to trap airflow as that air is driven downwards, creating a pressure differential that generates a suction effect and lifts. Changing the frame and/or propeller angle enables the UAV to go differently. As a result, these drones are far more maneuverable at low airspeeds than other types of UAVs, leading to their widespread application.
The 51 to 100w segment has shown the growth rate of 14.6% during (2022 - 2028). The majority of these are domestic and hobbyist models. This type of drone is more in demand from the entertainment industry for shooting short videos.
The Military segment acquired maximum revenue share in the Global Drone Motor Market by Application in 2021 thereby, achieving a market value of $2.1 billion by 2028. In the future years, the expanding usage of Unmanned Aerial Vehicles (UAVs) in the defense and security business for applications such as mapping, surveying, combat operations, transportation, and surveillance will increase the need for military UAVs. In addition, the market expansion is anticipated to be bolstered by various nations' increased defense spending to acquire technologically advanced and modernized military drones/UAVs for enhanced combat capability.
The North America market dominated the Global Drone Motor Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2 billion by 2028. The Europe market is exhibiting a CAGR of 13.9% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 15.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/drone-motor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dr. Fritz Faulhaber GmbH & Co. KG, Nidec Corporation, Constar Micromotor Co., Ltd., Changzhou Fulling Motor Co., Ltd, KDE Direct, LLC, TAMAGAWA SEIKI Co.,Ltd., Jiangxi MAD motor components co., ltd, Neutronics Enterprises, Inc., Tiger Motor International Co., Ltd, and X-TEAM.
By Motor Type
By Drone Type
By Power Type
Unique Offerings from KBV Research
North America Drone Motor Market size & Opportunities 2022-2028
Europe Drone Motor Market & Growth Forecast 2022-2028
Asia Pacific Drone Motor Market Share & Industry Outlook to 2028
LAMEA Drone Motor Market Growth, Trends & Forecasts 2022-2028