European Drones Market Is Projected To Balloon At 21.9% CAGR By 2032
The study on the Global Europe Drones Market Insights published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Europe Drones Market Insights in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Europe Drones Market Insights during the forecast period.
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Europe Drones Market Insights in the assessment period.
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Europe Drone Market by Drone Type :
- Consumer/Civil Drones
- Commercial Drones
- Military Drones
Europe Drone Market by Product Type :
- Fixed Wing Drones
- Rotary Wing Drones
- Hybrid Drones
Europe Drone Market by Payload :
- Drones up to 25 Kg
- 25 Kg- 50 Kg
- 50 Kg – 100 Kg
- 100 Kg -1150 Kg
- Above 150 Kgs
Europe Drone Market by Power Source :
- Electric Drones
- Gas/Gasoline/Diesel Drones
- Hybrid Drones
Europe Drone Market by End Use :
- Agriculture & Forestry
- Delivery & Logistics
- Media & Entertainment
- Construction & Mining
- Oil & Gas
- Security & Law Enforcement
- Recreational Activity
Europe Drone Market by Sales Channel :
- Online Stores
- Direct to Consumer
- Third-Party Online
- Modern Trade Channels
- Electronic Stores
- Franchised Stores
- Independent Stores
- Online Stores
Europe Drone Market by Country :
- Rest of Europe
Competitive Landscape: Top Companies in Drone Market
Key players in the European drones market are using state-of-the-art manufacturing tools and processes, such as advanced assembly techniques and robotic automation, thereby focusing on the quality and performance enhancement of drones.
Market players are expanding at a great pace owing to rapid innovation being undertaken in drones, such as incorporating advanced functions and features in drones; for example high-quality drone motors, high-resolution cameras, etc. Furthermore, drone manufacturers are also focusing on collaborative activities with market players in emerging economies along with investing substantially in research and development activities.
- Parrot Drone SAS was chosen for the supply of micro-drones by the French Defense Procurement Agency (DGA) with ANAFI USA in 2021. These drones will be specially designed to meet the needs of military forces, having the best performance in the category. This will lead to the development of several hundred drones along with adaptations, and maintenance of software & equipment
- senseFly was acquired by AgEagle Aerial Systems Inc. in 2021. This acquisition will aid in accelerating the core growth strategy and the provision of full-stack drone solutions for application in energy, construction, agriculture, etc.
Fact.MR has provided detailed information about the price points of key manufacturers in the drone market positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.