Nano Drone Trends and Forecast
The future of the global nano drone market looks promising with opportunities in the civil and military markets. The global nano drone market is expected to reach an estimated $10.2 billion by 2030 with a CAGR of 28.4% from 2024 to 2030. The major drivers for this market are increasing demand for nano drones in military and surveillance applications, growing adoption of nano drones for civilian uses, and technological advancements enabling miniaturization of drone components.
• Lucintel forecasts that fixed wing nano drone is expected to witness the higher growth over the forecast period.
• Within this market, civil is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States – Companies like AeroVironment and FLIR Systems are developing nano drones for military reconnaissance and surveillance. The government aims to enhance battlefield situational awareness and security through investments in advanced drone technology for defense applications.
China – Chinese firms such as DJI and EHang are expanding their nano drone offerings for commercial and consumer markets, targeting applications like aerial photography and surveillance. The government supports the development of drone technology to stimulate economic growth and innovation in the drone industry.
India – Indian companies like IdeaForge and Aarav Unmanned Systems are focusing on nano drone development for defense and security purposes, aligning with the governmentÄX%$%Xs ÄX%$%XMake in IndiaÄX%$%X initiative. Government initiatives prioritize indigenous drone production to enhance national security and technological self-reliance.
Germany – German firms like Microdrones and Wingcopter are innovating in nano drone technology for industrial inspection and mapping applications. The government promotes research and development in drone technology to support environmental monitoring and industrial automation initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nano Drone by Segment
The study includes a forecast for the global nano drone by type, application, and region.
Nano Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed Wing Nano Drones
• Rotary Nano Drones
• Others
Nano Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Civil
• Military
Nano Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nano Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nano drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nano drone companies profiled in this report include-
• 3D Robotics
• Microdrones
• Lockheed Martin
• Israel Aerospace Industries
• Aerovironment
• Elbit Systems
• Da-Jiang Innovations Science & Technology
Recent Development in the Nano Drone Market
AeroVironment: AeroVironment launched the Nano Hummingbird, a biomimetic nano drone designed for reconnaissance and surveillance missions, featuring agile flight capabilities and advanced imaging technology.
DJI: DJI introduced the DJI Mini 3, a compact nano drone equipped with improved camera capabilities and intelligent flight modes for aerial photography and videography enthusiasts.
IdeaForge: IdeaForge unveiled the Netra Nano UAV, a lightweight and portable nano drone optimized for military and security applications, offering real-time video streaming and autonomous flight capabilities.
Microdrones: Microdrones announced the release of the mdCockpit app, enabling users to control and monitor nano drones for mapping and surveying tasks using their smartphones or tablets.
Features of the Global Nano Drone Market
Market Size Estimates: Nano drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nano drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Nano drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the nano drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nano drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the nano drone market size?
Answer: The global nano drone market is expected to reach an estimated $10.2 billion by 2030.
Q2. What is the growth forecast for nano drone market?
Answer: The global nano drone market is expected to grow with a CAGR of 28.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the nano drone market?
Answer: The major drivers for this market are increasing demand for nano drones in military and surveillance applications, growing adoption of nano drones for civilian uses and technological advancements enabling miniaturization of drone components.
Q4. What are the major segments for nano drone market?
Answer: The future of the nano drone market looks promising with opportunities in the civil and military markets.
Q5. Who are the key nano drone market companies?
Answer: Some of the key nano drone companies are as follows:
• 3D Robotics
• Microdrones
• Lockheed Martin
• Israel Aerospace Industries
• Aerovironment
• Elbit Systems
• Da-Jiang Innovations Science & Technology
Q6. Which nano drone market segment will be the largest in future?
Answer: Lucintel forecasts that fixed wing nano drone is expected to witness the higher growth over the forecast period.
Q7. In nano drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nano drone market by type (fixed wing nano drones, rotary nano drones, and others), application (civil and military), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nano Drone Market, Nano Drone Market Size, Nano Drone Market Growth, Nano Drone Market Analysis, Nano Drone Market Report, Nano Drone Market Share, Nano Drone Market Trends, Nano Drone Market Forecast, Nano Drone Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.