Mini Drones Market

Mini Drones Market Segmentation By Type (With Camera (FPV), Without Camera & Racing); By Product (Rotary & Fixed Wing Drones); By Control (Smartphone App & Dual-Joystick Controller); By Distribution Channel (Online & Offline Channel) - Global Demand Analysis & Opportunity Outlook 2020-2027

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Report ID: 2014 | Published On: Feb 01, 2022
  1. Introduction
    • Market Definition
    • Market Segmentation
    • Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology
  4. Research Process
    • Primary Research
    • Manufacturers
    • Distributors
    • End Users
    • Secondary Research
    • Market Size Estimation
  5. Executive Summary - Global Advanced Therapy Medicinal Products Market
  6. Analysis of Market Dynamics
  7. Drivers
  8. Trends
  9. Key Market Opportunities for Business Growth
  10. Major Roadblocks for the Market Growth
  11. Regulatory & Standard Landscape
  12. Value Chain Analysis
  13. Potential ATMP Treatment Analysis
  14. Pricing Analysis of Global Advanced Therapy Medicinal Products Market
  15. Use Case Analysis
  16. Pipeline Analysis
  17. Analysis on the Manufacturing Process
  18. Analysis of COVID-19 Impact on the Global Advanced Therapy Medicinal Products Market
  19. Analysis of End-User Market Share of Global Advanced Therapy Medicinal Products
  20. Competitive Positioning
  21. Competitive Landscape
  22. Market Share Analysis of Major Players (%), 2021
  23. Competitive Benchmarking
  24. Novartis AG.
  25. Takeda Pharmaceutical Company Limited
  26. Gilead Sciences, Inc.
  27. Bluebird Bio, Inc
  28. BioMarin Pharmaceutical Inc
  29. Vericel Corporation
  30. Mallinckrodt Pharmaceuticals
  31. UniQure N.V.
  32. JCR Pharmaceuticals Co., Ltd.
  33. Spark Therapeutics, Inc. (Parent Company: Roche)
  34. Kolon TissueGene, Inc.
  35. Global Advanced Therapy Medicinal Products Market Outlook
  36. By Value (USD million)
  37. By Product
  38. CAR-T Therapy, 2021-2031F (USD million)
  39. Gene Therapy, 2021-2031F (USD million)
  40. Cell Therapy, 2021-2031F (USD million)
  41. Tissue Engineered Product, 2021-2031F (USD million)
  42. By Disease
  43. Oncology, 2021-2031F (USD million)
  44. Genetic Disorders, 2021-2031F (USD million)
  45. CNS, 2021-2031F (USD million)
  46. Dermatology, 2021-2031F (USD million)
  47. Others, 2021-2031F (USD million)
  48. By End-User
  49. Hospitals & Clinics, 2021-2031F (USD million)
  50. Research & Academic Institutes, 2021-2031F (USD million)
  51. Global Advanced Therapy Medicinal Products Market by Region
  52. North America, 2021-2031F (USD million)
  53. Europe, 2021-2031F (USD million)
  54. Asia-Pacific, 2021-2031F (USD million)
  55. Latin America, 2021-2031F (USD million)
  56. Middle East & Africa, 2021-2031F (USD million)
  57. North America Advanced Therapy Medicinal Products Market Outlook
  58. By Value (USD million)
  59. By Product
  60. CAR-T Therapy, 2021-2031F (USD million
  61. Gene Therapy, 2021-2031F (USD million)
  62. Cell Therapy, 2021-2031F (USD million)
  63. Tissue Engineered Product, 2021-2031F (USD million)
  64. By Disease
  65. Oncology, 2021-2031F (USD million)
  66. Genetic Disorders, 2021-2031F (USD million)
  67. CNS, 2021-2031F (USD million)
  68. Dermatology, 2021-2031F (USD million)
  69. Others, 2021-2031F (USD million)
  70. By End-User
  71. Hospitals & Clinics, 2021-2031F (USD million)
  72. Research & Academic Institutes, 2021-2031F (USD million)
  73. By Country
  74. US, 2021-2031F (USD million)
  75. Canada, 2021-2031F (USD million)
  76. Europe Advanced Therapy Medicinal Products Market Outlook
  77. By Product
  78. By Disease
  79. By End User
  80. By Country
  81. UK, 2021-2031F (USD Million)
  82. Germany, 2021-2031F (USD Million)
  83. France, 2021-2031F (USD Million)
  84. Italy, 2021-2031F (USD Million)
  85. Spain, 2021-2031F (USD Million)
  86. Russia, 2021-2031F (USD Million)
  87. Netherlands, 2021-2031F (USD Million)
  88. Rest of Europe, 2021-2031F (USD Million)
  89. Asia Pacific Advanced Therapy Medicinal Products Market Outlook
  90. By Product
  91. By Disease
  92. By End User
  93. By Country
  94. China, 2021-2031F (USD Million)
  95. India, 2021-2031F (USD Million)
  96. Japan, 2021-2031F (USD Million)
  97. South Korea, 2021-2031F (USD Million)
  98. Singapore, 2021-2031F (USD Million)
  99. Australia, 2021-2031F (USD Million)
  100. Rest of Asia-Pacific, 2021-2031F (USD Million)
  101. Latin America Advanced Therapy Medicinal Products Market Outlook
  102. By Product
  103. By Disease
  104. By End User
  105. By Country
  106. Brazil, 2021-2031F (USD Million)
  107. Argentina, 2021-2031F (USD Million)
  108. Mexico, 2021-2031F (USD Million)
  109. Rest of Latin America, 2021-2031F (USD Million)
  110. Middle East & Africa Advanced Therapy Medicinal Products Market Outlook
  111. By Product
  112. By Disease
  113. By End User
  114. By Country
  115. GCC, 2021-2031F (USD Million)
  116. Israel, 2021-2031F (USD Million)
  117. South Africa, 2021-2031F (USD Million)
  118. Rest of Middle East & Africa, 2021-2031F (USD Million)

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Inflation and Looming Recession to Haunt Businesses:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


In The News


Recent Developments

  • Elbit Systems Limited, one of the leading mini drone manufacturers entered into a deal to supply more than 1000 of its THOR drones and other unmanned aerial vehicles to a Southeast Asian country worth USD 153 million. THOR is considered to be a multi-rotor vertical take-off and landing mini drone which is viewed as the armies are mainly expected to benefit, owing to them increasingly viewing multi-layered UAS solutions as a way to provide superior intelligence and also ensure the maintenance of a high level of operational flexibility.


Introductory Overview

A drone may be commonly referred to as an unmanned aircraft or ship that is capable of navigation without any human interference or simply capable of being operated from a remote place. There are several elements present in these mini drones such as battery, microcontroller, motor, sensors and many more. They can be used for several purposes and are widely expected to find their application in various fields. Additional equipment such as global positioning system (GPS) navigation systems, cameras, sensors and many more may be fitted with drones. Mini drones are smaller in nature and they are available in several shapes and sizes. They are currently becoming popular and are being used extensively, owing to their small sizes which can fit into an individual’s pocket.


Market Size and Forecast

The mini drones market is anticipated to grow steadily at a modest CAGR over the forecast period i.e. 2020-2027. The market is segmented by type, product, control and by distribution channel, out of which the rotary wing drones forming part of product segment is anticipated to occupy the largest market share, on account of various advantages enjoyed by it such as better movements, lower prices and individuals and autopilots possessing the capacity to fly these multi-rotor aircrafts easily. 


Annual U.S Youth Electronics Toys sales
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Growth Drivers

Portability and Entertainment Value

Mini drones can be carried along wherever the individual travels and it also possesses several other benefits such as their ability to move freely and can be used as a source of entertainment and recreation for individuals within the walls of their houses or any other location. As they are by nature very small, these mini drones can also be used as toys, which will act as a source of entertainment for kids. The revenues arising from the sale of youth electronics toys that are forming part of traditional toy categories in the United States of America had been pegged at USD 0.61 billion as of 2018.

Annual U.S Youth Electronics Toys sales

Uses For Agriculture & Military & Defence Purposes

Mini drones are finding their applications more extensively in fields like agriculture for automatic aerial spraying of pesticides and fertilizers on crops. Additionally, military and defence spending have increased worldwide in order to safeguard the borders of the nations. They are being used by army personnel for spying on nations in times of military combat with the enemy nation. Moreover, these drones also possess the ability to view what is happening inside of a building during times when they may get involved in any search and rescue operation. All these benefits are widely anticipated to raise the demand for mini drones and is estimated to drive the growth of the market over the forecast period. CLICK TO DOWNLOAD SAMPLE REPORT


Restraints

Reduced Flight Duration Time

Mini drones, on account of their small size hold limited battery power and would be able to last for only a few minutes of flight time. This would require sufficient back up in the form of additional batteries in order to ensure that the drone can be used for a longer duration in order for these drones to complete the required tasks.

Increased Threats Of Privacy and Security 

Mini drones may suffer from inability to prevent hackers who can be spying on the privacy of others, especially during war times which could lead to a cause of concern for nations looking to strengthen their military base to protect themselves from the attacks of enemy nations. 


Market Segmentation

Our-in depth analysis of the mini drones market includes the following segments:

By Type

  • With Camera (FPV)
  • Without Camera
  • Racing

By Product

  • Rotary Wing Drones
  • Fixed Wing Drones

By Control

  • Smartphone App
  • Dual-Joystick Controller

By Distribution Channel

  • Online Channel
  • Offline Channel

By Region

On the basis of regional analysis, the mini drones market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is anticipated to hold the leading market share, owing to the presence of several leading manufacturers of mini drones and technological advancements taking place in the region. The market in Asia Pacific region is anticipated to observe rapid growth over the forecast period, owing to their uses in various areas such as photography, insurance coverage and other commercial purposes.   

The mini drones market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC,  Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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Top Featured Companies Dominating the Market

    • DJI Sciences & Technologies Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AeroVironment, Inc.
    • The Boeing Company
    • Yuneec International 
    • Potensic
    • Lockheed Martin Corporation
    • Autel Robotics
    • Elbit Systems Ltd.
    •  Parrot S.A.
    • Thales Group

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