Multirotor drones are much simpler to operate and such simplicity of operation encourages users to prefer it over other forms of drone. The multirotor drone is controlled by changing the relative speed of the rotor and adjusting the thrust produced by each of the rotor. The multirotor drone market is expected to grow at a potential rate in the next decade. Increase in use of multirotor drones in law enforcement is driving the multirotor drones market.
Effectiveness of the multirotor drones and the technological
advancement that is achieved in this field, ability to perform under extreme
conditions and several innovative applications are the major factors driving
the multirotor drone market. Moreover rise in production of mutirotor drones
for non-military application like aerial shooting, agriculture, environmental
inspection, sports coverage has positively impacted the multirotor market
further. Multirotor drones offer multiple benefits such as flexibility in
operation, high precision in action, low operational cost and low cost of
ownership are among other factors that are driving the multirotor drones
market. These factors have increased degree of acceptability for multirotor
drone for military and commercial usage. The penetration of the multirotor
drone in the aerial shooting applications is high compared to any other
application. Procedural issues and air traffic management norms in terms of
mandatory supervision on the drone are some of the challenges faced by the
multirotor drones market.
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By payload the multirotor drone market can be segmented into
cameras, wireless HD Video Transmission Systems, Electro-Optical Sensors,
Wi-FI, GPS/Ins, Lidar, Chemical, Biological, Radiological and Nuclear (CBRN)
sensors, Laser designators and sense & Avoid/tracking system. By
application, the multirotor drones can be segmented into aerial shooting,
defense, law enforcement, business & commerce and environment
inspection.
Among all the regions multirotor drone market in North
America and Europe is expected to grow at a slower rate due to the economic
downturn and budget cuts. The budget cut in these regions is likely to slow
down the defense industry and the multirotor drone market. The mulitirotor
drone market in the Asia-Pacific and Rest of the world (RoW) region is expected
to grow at a faster rate as there is high investment in the research and
development of the UAV sector. Political dispute and unrest are driving the
demand growth multirotor drones in military and defense sector in countries
from Asia Pacific and Middle East. The RoW region also has a high potential of
growth in the multirotor drone market.
Global key players operating in the multirotor drone market
are AeroVironment,
Inc (U.S), DJI Innovation (China), Israel Aerospace Industries (Israel),
Microdrones GmBh and 3D Robotics (U.S). These companies dominate the
multirotor drones market and are expected to dominate the market in coming
years. Aibotix (Germany), Draganfly Innovations (Canada), Coptercam
(Australia), Cyberhawk Innovation Lltd. (U.K), are the other important players’
operationg in the multirotor drones market.
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