2019-2024 Europe Small UAV Market | Top Industries with Market Growth Rate, Industry Size, Share, Latest Trends and Forecast

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Europe Small UAV

The comprehensive study of “Europe Small UAV Market” report provides deep idea into the market dynamics & overall development of the industry. The report covers growth prospect, current information, market risks involved, cost structure & several other vital information is included in the Europe Small UAV industry report. The latest market study on the Europe Small UAV Market applies the best primary and secondary research techniques to bring the growth rate up to 2024.

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Market Overview:

  • The Europe Small UAV Market is expected to register a CAGR of more than 8% over the forecast period.
  • - The small UAV market is slowly becoming one of the major game changers of the modern technological era. With its wide range of applications, small UAVs are expected to have a high adoption rate in European countries, with enterprises across different industries investing in these products.
  • - However, the regulations relating to the commercial use of small UAVs from CAA and other organizations are more. In countries like the UK, permission from the CAA is required for any commercial work with a drone. Such regulations may pose a challenge to the market growth in the region.
  • Scope of the Report:

  • UAVs of weight class of less than 25 kg are considered as small UAVs for the study.
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    Europe Small UAV Market by Key Players:

  • DJI
  • Parrot Drones SAS
  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • Textron Inc.
  • AeroVironment Inc.
  • The Boeing Company
  • YUNEEC
  • Guangzhou Walkera Technology Co. Ltd
  • FLIR Systems
  • Elbit Systems
  • Thales Group
  • Reasons to Buy Europe Small UAV Market Report:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Europe Small UAV Market on the global and regional level.

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    Key Market Trends:

    Rotary-wing Segment will Register Highest CAGR During the Forecast Period

    In segmentation by wing type, the rotary-wing segment currently has a larger market share compared to the fixed-wing segment. Small helicopter drones and quadcopter drones are being used on a large scale both for military and commercial purposes in Europe. Quadcopters, in particular, are one of the majorly used small UAV models for commercial and civil purposes. They, along with the small helicopters are now being used for surveillance purposes for the military. Due to their vertical takeoff and landing capabilities and the advantage in being able to be deployed from the ground instead of being launched by hand, their use has been increasing and the segment is also expected to grow with the highest CAGR during the forecast period.

    United Kingdom to Dominate the Market During the Forecast Period.

    As of 2018, the United Kingdom has the highest market share in the Europe small UAV market. The United Kingdom has one of the largest fleets of small UAVs in Europe. Small UAVs are largely being adopted by police and law enforcement agencies in the United Kingdom. The military is also planning to order small UAVs for surveillance purposes. With the usage of small UAVs continuing to rise, the UK Government has enacted legislation to help achieve safer flying across the country. Also, registration with the Civil Aviation Authority will be made compulsory for drones weighing more than 250g. All these factors may reduce the growth of the revenues from civil and commercial small UAVs in the country. At the same time, countries in the rest of Europe like Belgium, Denmark, Poland, Greece, etc., are increasingly adopting the usage of drones for various purposes. In this regard, the growth of the Rest of Europe segment is expected to be the largest during the forecast period.

    Detailed TOC of Europe Small UAV Market Report

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