Market Highlights: Multirotor drones refers to drones with more than two rotors. Multirotor drone market is booming owing to rising applications in the defense, aerial shooting, law enforcement, business & commerce, and environmental inspection. Simplicity in design and ease of use of multirotor drones propelling the non-military applications of multirotor drones. Further, increasing demand from the developing economies and technological advancement in the multirotor drones expected to drive the demand for multirotor drones over the forecasted period. The market study is being classified, by Application (Defense, Aerial Shooting, Law Enforcement, Business & Commerce and Environmental Inspection) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Multirotor Drones are AeroVironment, Inc. (United States), Israel Aerospace Industries (Israel), DJI Innovations (China), 3D Robotics (United States), Microdrones GMBH (Germany), Aibotix (Germany), Coptercam (Australia), Draganfly Innovations (Canada), Aeryon Labs (Canada) and Cyberhawk Innovations Ltd. (United Kingdom).
25th May 2019, Researchers in New York developed an artificial intelligence technology-based system which will help in easy landing by modifies its landing trajectory and rotor speed with less power.
Key Questions Answered in the Report What will the Multirotor Drones Market size and the growth rate be in Future? What are the key factors driving the Multirotor Drones Market? What are the key market trends and macro-economic impacting the growth of the Multirotor Drones Market? What are the challenges to market growth? Who are the key vendors in the Multirotor Drones Market? What are the market opportunities and threats faced by the vendors in the Multirotor Drones Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Multirotor Drones Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Multirotor Drones market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Multirotor Drones market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Multirotor Drones, Suppliers/Distributors Multirotor Drones, Potential Investors, Government Regulatory Authorities, Research and Development Companies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.