{"id":72243,"date":"2020-03-13T11:19:29","date_gmt":"2020-03-13T15:19:29","guid":{"rendered":"https:\/\/dronelife.com\/?p=72243"},"modified":"2020-03-13T11:22:57","modified_gmt":"2020-03-13T15:22:57","slug":"research-says-small-drone-market-in-u-s-worth-22-55-billion-by-2026-but-which-region-will-grow-the-fastest","status":"publish","type":"post","link":"https:\/\/dronelife.com\/2020\/03\/13\/research-says-small-drone-market-in-u-s-worth-22-55-billion-by-2026-but-which-region-will-grow-the-fastest\/","title":{"rendered":"Research Says Small Drone Market in U.S. Worth 22.55 Billion by 2026: but Which Region Will Grow the Fastest?"},"content":{"rendered":"
\"\"<\/a>
Reprinted with Permission from Fortune Business Insights<\/figcaption><\/figure>\n

The market for small drones is projected to reach\u00a0$22.55 billion<\/span> by the end of 2026, according to a report recently released by Fortune Business Insights<\/a>.\u00a0 \u00a0In a paid analysis study titled “Small Drones Market Size,\u00a0 Share & Industry Analysis, by Type (Fixed-Wing, Rotary-Wing, and Hybrid\/Transitional), By Power Source (Lithium-ion cells, Hybrid Fuel cells, and Solar cells), By Size (Micro, and Mini & Nano), By Application (Civil & Commercial, Military, Homeland Security, and Consumer) and Regional Forecast, 2015-2026<\/i>”\u00a0<\/i><\/strong>researchers predict that the 2018 $6.48 billion market will grow by<\/span>\u00a015.92% during the forecast period, 2019 to 2026. \u00a0The report also states that North America is the largest market globally for small drones; but the fastest growth rate will be in the Asia Pacific region.<\/p>\n

\"\"<\/a>While actual numbers are always open to interpretation, growth curves are interesting to look at for trends. \u00a0This research provides more evidence that the best is yet to come for the U.S. drone industry: far from slowing down, the market is likely to grow exponentially. \u00a0Looking at the chart here, the real volume won’t come next year or the year after – but for companies who use the time to develop their products and customer base, the real payoff is on its way.<\/p>\n

Fortune Business Insights says that the military market – especially Homeland Security – is a significant market driver now. \u00a0Border patrol and combat troops are increasingly using small drones commercially available: military technology is increasingly crossing over to the enterprise markets. \u00a0The civil and commercial market, however, will be the leading sector driving future growth. \u00a0Disaster management, the power industry, and drone delivery are among the future market drivers.<\/p>\n

The report also points out the opportunity that the small drones market represents for the manufacturers of improved batteries and other innovative power sources to increase the endurance of small drones.<\/p>\n

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The market for small drones is projected to reach\u00a0$22.55 billion by the end of 2026, according to a report recently released by Fortune Business Insights.\u00a0 \u00a0In a paid analysis study titled “Small Drones Market Size,\u00a0 Share & Industry Analysis, by Type (Fixed-Wing, Rotary-Wing, and Hybrid\/Transitional), By Power Source (Lithium-ion cells, Hybrid Fuel cells, and Solar […]<\/p>\n","protected":false},"author":23,"featured_media":72687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[403,83,4287,16,408,2480,404,2944,409,20,1543,3968,424,2,2499,405,36,729,406,2945,400,410,407,411],"tags":[7496,7456,7457,7497,7498],"class_list":{"0":"post-72243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aerospace","8":"category-agriculture","9":"category-anti-drone-technology","10":"category-applications","11":"category-auto","12":"category-business-and-finance","13":"category-chemical","14":"category-construction","15":"category-defense","16":"category-delivery","17":"category-drone-news","18":"category-drone-news-feeds","19":"category-education","20":"category-entertainment","21":"category-featured-business","22":"category-healthcare","23":"category-insurance","24":"category-journalism","25":"category-media","26":"category-mining-and-aggregates","27":"category-recent-posts","28":"category-pharmaceutical","29":"category-real-estate","30":"category-telecommuniocations","31":"tag-asia-pacific-drone-market","32":"tag-drone-market-study","33":"tag-global-small-drones-market-size","34":"tag-leading-drone-sectors","35":"tag-north-american-drone-market","36":"entry"},"yoast_head":"\nResearch 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