Small UAVs Also Being Used Extensively By Military, Law Enforcement Customers

The increasing popularity of nano drones, especially among the consumer segment has certainly helped the global nano drones market to gain traction. This current trend can be attributed to the extensive use and demand of nano drones in the military sector, as these systems have constantly been evolving rapidly. The global nano drones market is expected to show a robust growth due to the utilization of small size tactical UAVs in the law enforcement, military and other non-military applications. This industry is at its initial stage and thus, there is expected to be a plethora of opportunities for the market players in the future. The market players are leaning towards strategies such as mergers and acquisitions, product launches, contracts, and partnerships and agreements, among others.

According to analysis from ASDReports, one of the leaders of military/law enforcement nano drones, FLIR Unmanned Aerial Systems, acquired Prox Dynamics in November 2016, the manufacturer of PD-100 Black Hornet. Black Hornet is the world’s first nano drone to be used for military/law enforcement activities. Similarly, another leader in the nano drones market, AeroVironment Inc, unveiled a small four-rotor surveillance helicopter in May 2017, which can be carried in a small pouch and launched from the palm of a hand. According to AeroVironment, it delivered 20 of the 5-ounce (140-gram) Snipe unmanned aircraft to its first U.S. government client in April. The aircraft, which is intended intelligence and reconnaissance missions, can relay high-resolution images and record video both day and night.

Other companies which are comparatively new to the market are targeting the consumer segment and launching products for recreational activities. Aerix Drones has recently launched Aerix Nano FPV Indoor Drone Racing Package for drone racing. Drone racing is catching on as a popular sport and the racing drone boasts four beefed-up motors for maximum speed and agility.2

The nano drones market is witnessing an emergence of various new players in the development of nano drones for consumer application. In order to prevail and survive in the market, the manufacturers are competing to provide cost-effective, yet quality service. Acknowledging the future potential of the market, our research has compiled a report titled ‘Global Nano Drones Market - Analysis and Forecast 2017-2023’. This report identifies the global nano drones market under different segments such as payloads, application, pricing and geography. According to an analyst at BIS Research, “the global nano drones market reported a revenue of $284.45 million in 2016. Military/law enforcement segment is expected to account for the highest revenue by the forecast year of 2023. Consumer segment is likely to grow at the highest rate owing to its increasing use in the aerial photography and recreational activities.”

(Image provided with ASDReports news release)

FMI: www.asdreports.com