The multirotor drone market size has grown rapidly in recent years. It will grow from $4.1 billion in 2024 to $4.84 billion in 2025 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to expansion of commercial applications, cost reduction, data processing capabilities, environmental and conservation applications.
The multirotor drone market size is expected to see rapid growth in the next few years. It will grow to $9.79 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to customization and specialization, environmental and disaster response use, safety enhancements, autonomous features development, payload advancements. Major trends in the forecast period include rapid prototyping and customization, environmental monitoring and conservation, safety and redundancy features, data processing and analytics, and demand for autonomous functionality.
The anticipated surge in multirotor drone adoption by military entities is poised to drive the market forward. Military bodies, comprising security forces combating emerging defense and homeland security challenges, increasingly rely on multi-rotors to enhance security measures and counterterrorism efforts. These drones play a pivotal role in various scenarios, from targeting threats to accessing unreachable locations. For instance, during the Russia-Ukraine conflict, AeroVironment, a US-based UAV manufacturer, developed the Switchblade 300 drone for the US armed forces. Moreover, the US recently allocated 100 tactical unmanned aerial systems to Ukraine, amounting to an $800 million military aid package. This adoption by military bodies significantly influences the growth of the multirotor drone market.
The expanding embrace of commercial drones is set to propel the multirotor drone market's growth trajectory. Commercial drones, utilized for business purposes and income generation, boast functionality and versatility, significantly impacting agriculture, market diversification, and demand across commercial and civil sectors. As of January 2023, reports from the Federal Aviation Administration indicate over 871,000 registered drones and 307,000 certified remote pilots, showcasing the growing acceptance of commercial drone usage. This increasing adoption within commercial domains serves as a driving force for the multirotor drone market.
Technological advancements stand out as significant trends shaping the multirotor drone market. Integration of cutting-edge technology, including AI, machine learning, and fifth-generation network tech, enables functions like facial recognition and biological threat detection. Key players in the multirotor drone sector strive to develop innovative technologies to maintain market dominance. For instance, Advanced Aircraft Company introduced the Hybrid-Electric HAMR UAS in January 2022, featuring a multi-rotor design and a hybrid gas-electric propulsion system for enhanced fuel efficiency and long-endurance flights, showcasing the industry's technological strides.
Major companies operating in the multirotor drone market focus on unveiling groundbreaking products like hybrid drones to showcase their technological innovations and drive sales. A hybrid drone, leveraging multiple energy sources for flight, represents a cutting-edge UAV design. For instance, Draganfly launched the Commander 3 XL Hybrid drone in September 2023, featuring a hybrid powertrain combining a gasoline engine with an electric motor, ensuring extended flight times and significant payload capacity. This innovative product marks a milestone in the multirotor drone industry's technological advancements.
In April 2024, TCOM L.P., a manufacturing company based in the US, acquired Equinox Innovative Systems for an undisclosed amount. The purpose of TCOM L.P.'s acquisition is to enhance its capabilities in unmanned aircraft systems (UAS) by integrating advanced multi-rotor drone technology. This integration aims to provide comprehensive, mobile, and autonomous aerial solutions for various industries. Equinox Innovative Systems, also based in the US, specializes in the development of advanced multirotor drones, including tethered and heavy-lift drone systems.
Major companies operating in the multirotor drone market are IdeaForge Technology Pvt. Ltd., AeroVironment Inc., SZ DJI Technology Co. Ltd., Autel Robotics, Draganfly Inc., Microdrones GmbH, Parrot Drone SAS, Australian UAV Pty. Ltd., Aero Systems West Inc., Centeye Inc., Embention Sistemas Inteligentes SA, 3D Robotics Inc., Yuneec International, EchoBlue Ltd., Skydio Inc., Delair, Elbit Systems Ltd., Aerix Drone, DJI Innovations, Lockheed Martin, Northrop Grumman, General Atomics, PrecisionHawk, Kratos Defense & Security Solutions, Aurora Flight Sciences, Impossible Aerospace, Hoverfly Technologies, Flyability, CyPhy Works, Altavian.
North America was the largest region in the multirotor drone market in 2024. The regions covered in the multirotor drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the multirotor drone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A multi-rotor drone is an unmanned aerial vehicle (UAV) featuring multiple propellers spinning around a central mast. These drones often come equipped with cameras, autopilots, and image processing software, serving purposes such as land surveying, mapping, and various homeland security activities.
The primary types of multirotor drones include quadcopters, hexacopters, tricopters, and octocopters. A quadcopter, for instance, comprises four rotors, each driven by its motor and propeller. These drones find application in tasks like pipeline and infrastructure inspections, while agricultural quadcopters assist in crop monitoring. Various payloads used include camera and imaging systems, control systems, tracking systems, among others, offered across budget, medium, and premium price ranges. They are deployed in surveillance, inspection, monitoring, mapping, surveying, aerial photography, and other commercial, military, government, and consumer-oriented activities.
The multirotor drone market research report is one of a series of new reports that provides multirotor drone market statistics, including multirotor drone industry global market size, regional shares, competitors with a multirotor drone market share, detailed multirotor drone market segments, market trends and opportunities, and any further data you may need to thrive in the multirotor drone industry. This multirotor drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The multirotor drones market consists of sales of battery, fuel, rotors, propellers, frame, transmitter, receiver, radio transmitter. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The multirotor drone market size is expected to see rapid growth in the next few years. It will grow to $9.79 billion in 2029 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to customization and specialization, environmental and disaster response use, safety enhancements, autonomous features development, payload advancements. Major trends in the forecast period include rapid prototyping and customization, environmental monitoring and conservation, safety and redundancy features, data processing and analytics, and demand for autonomous functionality.
The anticipated surge in multirotor drone adoption by military entities is poised to drive the market forward. Military bodies, comprising security forces combating emerging defense and homeland security challenges, increasingly rely on multi-rotors to enhance security measures and counterterrorism efforts. These drones play a pivotal role in various scenarios, from targeting threats to accessing unreachable locations. For instance, during the Russia-Ukraine conflict, AeroVironment, a US-based UAV manufacturer, developed the Switchblade 300 drone for the US armed forces. Moreover, the US recently allocated 100 tactical unmanned aerial systems to Ukraine, amounting to an $800 million military aid package. This adoption by military bodies significantly influences the growth of the multirotor drone market.
The expanding embrace of commercial drones is set to propel the multirotor drone market's growth trajectory. Commercial drones, utilized for business purposes and income generation, boast functionality and versatility, significantly impacting agriculture, market diversification, and demand across commercial and civil sectors. As of January 2023, reports from the Federal Aviation Administration indicate over 871,000 registered drones and 307,000 certified remote pilots, showcasing the growing acceptance of commercial drone usage. This increasing adoption within commercial domains serves as a driving force for the multirotor drone market.
Technological advancements stand out as significant trends shaping the multirotor drone market. Integration of cutting-edge technology, including AI, machine learning, and fifth-generation network tech, enables functions like facial recognition and biological threat detection. Key players in the multirotor drone sector strive to develop innovative technologies to maintain market dominance. For instance, Advanced Aircraft Company introduced the Hybrid-Electric HAMR UAS in January 2022, featuring a multi-rotor design and a hybrid gas-electric propulsion system for enhanced fuel efficiency and long-endurance flights, showcasing the industry's technological strides.
Major companies operating in the multirotor drone market focus on unveiling groundbreaking products like hybrid drones to showcase their technological innovations and drive sales. A hybrid drone, leveraging multiple energy sources for flight, represents a cutting-edge UAV design. For instance, Draganfly launched the Commander 3 XL Hybrid drone in September 2023, featuring a hybrid powertrain combining a gasoline engine with an electric motor, ensuring extended flight times and significant payload capacity. This innovative product marks a milestone in the multirotor drone industry's technological advancements.
In April 2024, TCOM L.P., a manufacturing company based in the US, acquired Equinox Innovative Systems for an undisclosed amount. The purpose of TCOM L.P.'s acquisition is to enhance its capabilities in unmanned aircraft systems (UAS) by integrating advanced multi-rotor drone technology. This integration aims to provide comprehensive, mobile, and autonomous aerial solutions for various industries. Equinox Innovative Systems, also based in the US, specializes in the development of advanced multirotor drones, including tethered and heavy-lift drone systems.
Major companies operating in the multirotor drone market are IdeaForge Technology Pvt. Ltd., AeroVironment Inc., SZ DJI Technology Co. Ltd., Autel Robotics, Draganfly Inc., Microdrones GmbH, Parrot Drone SAS, Australian UAV Pty. Ltd., Aero Systems West Inc., Centeye Inc., Embention Sistemas Inteligentes SA, 3D Robotics Inc., Yuneec International, EchoBlue Ltd., Skydio Inc., Delair, Elbit Systems Ltd., Aerix Drone, DJI Innovations, Lockheed Martin, Northrop Grumman, General Atomics, PrecisionHawk, Kratos Defense & Security Solutions, Aurora Flight Sciences, Impossible Aerospace, Hoverfly Technologies, Flyability, CyPhy Works, Altavian.
North America was the largest region in the multirotor drone market in 2024. The regions covered in the multirotor drone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the multirotor drone market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A multi-rotor drone is an unmanned aerial vehicle (UAV) featuring multiple propellers spinning around a central mast. These drones often come equipped with cameras, autopilots, and image processing software, serving purposes such as land surveying, mapping, and various homeland security activities.
The primary types of multirotor drones include quadcopters, hexacopters, tricopters, and octocopters. A quadcopter, for instance, comprises four rotors, each driven by its motor and propeller. These drones find application in tasks like pipeline and infrastructure inspections, while agricultural quadcopters assist in crop monitoring. Various payloads used include camera and imaging systems, control systems, tracking systems, among others, offered across budget, medium, and premium price ranges. They are deployed in surveillance, inspection, monitoring, mapping, surveying, aerial photography, and other commercial, military, government, and consumer-oriented activities.
The multirotor drone market research report is one of a series of new reports that provides multirotor drone market statistics, including multirotor drone industry global market size, regional shares, competitors with a multirotor drone market share, detailed multirotor drone market segments, market trends and opportunities, and any further data you may need to thrive in the multirotor drone industry. This multirotor drone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The multirotor drones market consists of sales of battery, fuel, rotors, propellers, frame, transmitter, receiver, radio transmitter. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Multirotor Drone Market Characteristics3. Multirotor Drone Market Trends and Strategies4. Multirotor Drone Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Multirotor Drone Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Multirotor Drone Market34. Recent Developments in the Multirotor Drone Market
5. Global Multirotor Drone Growth Analysis and Strategic Analysis Framework
6. Multirotor Drone Market Segmentation
7. Multirotor Drone Market Regional and Country Analysis
8. Asia-Pacific Multirotor Drone Market
9. China Multirotor Drone Market
10. India Multirotor Drone Market
11. Japan Multirotor Drone Market
12. Australia Multirotor Drone Market
13. Indonesia Multirotor Drone Market
14. South Korea Multirotor Drone Market
15. Western Europe Multirotor Drone Market
16. UK Multirotor Drone Market
17. Germany Multirotor Drone Market
18. France Multirotor Drone Market
19. Italy Multirotor Drone Market
20. Spain Multirotor Drone Market
21. Eastern Europe Multirotor Drone Market
22. Russia Multirotor Drone Market
23. North America Multirotor Drone Market
24. USA Multirotor Drone Market
25. Canada Multirotor Drone Market
26. South America Multirotor Drone Market
27. Brazil Multirotor Drone Market
28. Middle East Multirotor Drone Market
29. Africa Multirotor Drone Market
30. Multirotor Drone Market Competitive Landscape and Company Profiles
31. Multirotor Drone Market Other Major and Innovative Companies
35. Multirotor Drone Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Multirotor Drone Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on multirotor drone market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for multirotor drone? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The multirotor drone market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Quadcopters; Hexacopters; Tricopters; Octocopters2) by Payload: Camera and Imaging Systems; Control Systems; Tracking Systems; Other payload
3) by Price Range: Budget; Medium; Premium
4) by Application: Surveillance, Inspection, and Monitoring; Mapping and Surveying; Aerial Photography; Other applications
5) by End-Users: Commercial; Military and Government; Consumer
Subsegments:
1) by Quadcopters: Consumer Quadcopters; Professional Quadcopters; Racing Quadcopters2) by Hexacopters: Aerial Photography Hexacopters; Heavy-Lift Hexacopters
3) by Tricopters: Standard Tricopters; Racing Tricopters
4) by Octocopters: Professional Octocopters; Industrial Octocopters
Key Companies Mentioned: IdeaForge Technology Pvt. Ltd.; AeroVironment Inc.; SZ DJI Technology Co. Ltd.; Autel Robotics; Draganfly Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Multirotor Drone market report include:- IdeaForge Technology Pvt. Ltd.
- AeroVironment Inc.
- SZ DJI Technology Co. Ltd.
- Autel Robotics
- Draganfly Inc.
- Microdrones GmbH
- Parrot Drone SAS
- Australian UAV Pty. Ltd.
- Aero Systems West Inc.
- Centeye Inc.
- Embention Sistemas Inteligentes SA
- 3D Robotics Inc.
- Yuneec International
- EchoBlue Ltd.
- Skydio Inc.
- Delair
- Elbit Systems Ltd.
- Aerix Drone
- DJI Innovations
- Lockheed Martin
- Northrop Grumman
- General Atomics
- PrecisionHawk
- Kratos Defense & Security Solutions
- Aurora Flight Sciences
- Impossible Aerospace
- Hoverfly Technologies
- Flyability
- CyPhy Works
- Altavian
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 4.84 Billion |
Forecasted Market Value ( USD | $ 9.79 Billion |
Compound Annual Growth Rate | 19.2% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |