![]() ![]() Market share analysis of quadcopter based on drone type and region is provided in the above image. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 14.6% CAGR between 20. Long Term (2028-2033): Adopting new advanced technology like UAV can open new opportunities for quadcopter market players.įrom 2018 to 2023, the global market for quadcopter registered a CAGR of 12.3%.and China is anticipated to witness comparatively high quadcopter demand due to increasing advancement in drone technology. ![]() Short Term (2023 Q2 to 2025): Growing commercial use will positively impact quadcopter market growth.Based on the above factors, the sales of quadcopter are projected to reach valuation of US$ 24,147.0 million in 2023, growing at a CAGR of 14.6%. The presence of features that reduce mechanical losses and provide long-term stability in the air has increased the demand for quadcopter drones. This arrangement provides stability even if one of the rotors is not working, while the other rotors provide stability while hovering in the air. The quadcopter's drone rotors operate independently, varying the relative speed of each rotor to obtain the thrust and torque required to lift the drone. The presence of easy-to-assemble assemblies with increased carrying capacity and wide range of applications in the defense and commercial sectors has led to the growth of the global quadcopter market. A good option for long-term aerial operations, quadcopters have an increased ability to carry and operate additional equipment for obtaining improved visual data. The presence of multiple rotors increases the speed, performance, drift, and descent times, making the drone more efficient. Sales Analysis of Quadcopter (2018-2023) Vs. ![]() North America Market Value (US$ Mn), 2023 Quadcopter is the leading drone type in revenue generation, wherein sales of quadcopter accounted for nearly 71% share of the global drone market at the end of 2022. In 2023, the global drone market is estimated to be valued around US$ 33.9 billion, while the drone market is projected to grow at 17.6% CAGR. The global quadcopter market is expected to reach a valuation of US$ 24,147.0 million in 2023 and is expected to progress at a CAGR of 14.6% to reach US$ 94,342.8 million by the end of 2033. ![]()
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