The functions of multirotor UAV include image capturing and video recording in remote or hazardous places, which act as a driving factor for the multirotor UAV market growth.
These UAVs consist of night vision cameras, which are majorly used for gathering intelligence, weather/traffic monitoring, media and entertainment purposes, environmental research, and agricultural/industrial applications.
The ability of such aerial vehicles to perform in extreme conditions is one of the key factors for their increased adoption in the commercial market.
The key players in multirotor UAV market are Israel Aerospace Industries (Israel), AeroVironment, Inc. (U. S.), DJI Innovations (China), 3D Robotics, Inc. (U.S.), Microdrones GMBH (Germany), Coptercam (Australia), Cyberhawk Innovations Ltd. (U.K), Aeryon Labs Inc. (Canada), and Draganfly Innovations, Inc. (Canada).
This study provides an overview of the multirotor UAV market, tracking three market segments across five geographic regions.