The global multirotor drone market size was US$ 1.8 billion in 2021. The global multirotor drone market size is estimated to reach US$ 5.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 13.1% during the forecast period from 2022 to 2030.
A multirotor drone is a type of unmanned aerial vehicle (UAV) that has more than one motor that powers the propeller to fly and steer the aircraft. It works on the principle of a conventional helicopter and is the most common type of drone used for making maps and models. These drones are of many types such as tricopter (3 rotors), quadcopter (4 rotors), hexacopter (6 rotors), and octocopter (8 rotors). In addition, these drones can easily navigate small spaces, and a GPS receiver equipped with the drone enables them to hover and maintain a defined path using waypoints. In addition, these drones are a suitable option for long-duration aerial operations and have an enhanced capacity to carry lighter payloads such as cameras.

Factors Affecting Marketing Growth

The increase in nonmilitary applications and demand for drone operability in extreme conditions drives the growth of the global market.
The limited operational bandwidth of drones and stringent drone regulations are the factors that are likely to hinder the growth of the global market.
Technological advancement, government assistance, post-pandemic, and the start of vaccination campaigns across the globe are expected to drive the growth of the global market.

Impact on COVID-19 Analysis

The COVID-19 outbreak resulted in flight cancellations, travel bans, and the implementation of quarantine measures, which made massive disruption of the supply chain and logistics activities across the globe. These countries were able to incorporate drone service into the COVID-19 response activities due to enabling factors such as regulation, skills, resources, social & political acceptance, and capacity. Moreover, post-pandemic, government assistance and the start of vaccination campaigns across the globe are expected to drive the growth of the global multirotor drone market.

Regional Analysis

Asia-Pacific is expected to grow at a faster rate as there is a high investment in the research and development of the UAV sector. Political disputes and unrest are propelling the demand growth of multirotor drones in the military and defense sectors. Thus, driving the growth of the global market in the region.

Leading Competitors
The prominent players in the global multirotor drone market are:
AeroVironment Inc.
Tomahawk Robotics
Parrot Drone SAS
Israel Aerospace Industries
Microdrones GmbH
Cyberhawk Innovations Ltd.
Australian UAV Pty Ltd
Autel Robotics
DJI Innovations
Embention
Others
Segmentation Analysis
The global multirotor drone market segmentation focuses on Type, Pay Load, Application, End Use, and Region.
Segmentation on the basis of Type
Octocopters
Quadcopters
Tricopters
Hexacopters

Segmentation on the basis of Pay Load
Tracking Systems
Camera and Imaging Systems
Control Systems
Others

Segmentation on the basis of Application
Aerial Photography
Surveillance, Inspection, and Monitoring
Mapping and Surveying
Others

Segmentation on the basis of End Use
Commercial
Military and Government
Consumer

Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America