Small UAV Market - Top Companies and Manufacturers

  • Report ID: 6588
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Small Drone Landscape

    The companies heavily invest in developing their UAV capabilities. In addition, emerging startups also play a vital role by driving innovation in niche markets. Overall, strategic partnerships and collaborations in the industry further boost the growth of the overall ecosystem of small drone technologies.  For instance, in May 2024, Airbus purchased the Aerovel, a UAS based in the U.S., along with its Flexrotor module. It is a small tactical unmanned aerial system used in maritime and terrestrial intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) operations.

    Major contributors are:

    • AeroVironment Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DJI 
    • Elbit Systems Ltd.
    • Prox Dynamics
    • Israel Aerospace Industries Ltd.
    • SAAB
    • Hindustan Aeronautics Limited
    • Throttle Aerospace
    • Redwing Labs
    • Crystal Ball

Browse Key Market Insights with Data Illustration:

In the News

  • In September 2024, SAN LEANDRO, a pioneer in small drone, announced the arrival of Trace, a new nano drone. It is designed to satisfy the critical demands of infrastructure management, law enforcement, and national security.
  • In July 2024, a memorandum of understanding (MOU) was signed between GE Aerospace and Kratos Turbine Technologies to collaborate on the development and manufacturing of small and reasonably priced engines. These engines that to be used towards power unmanned aerial systems (UAS) and other related applications.

Author Credits:  Abhishek Verma


  • Report ID: 6588
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the small drone market was estimated at over USD 14.6 billion.

The market size of the small drone market is projected to cross USD 88.7 billion by the end of 2037 expanding at a CAGR of 16.2% during the forecast period i.e., between 2025–2037.

The major players in the market are Throttle Aerospace, Hindustan Aeronautics Limited, Prox Dynamics, Crystal Balls, Elbit Systems Ltd., and others.

Based on type, the micro segment is anticipated to garner the largest market share of 68.3% by 2037 and display lucrative growth opportunities during 2025–2037.

The market in North America is projected to hold the largest market share of 46.1% by the end of 2037 and provide more business opportunities in the future.
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