Drone Motor Market poised to grow at a prolific CAGR of 28.4% during the forecast period 2020 – 2030

The global drone motor market was valued at US$ ~738 Mn in the year 2019 and is anticipated to surpass US$ ~7.3 Bn during the forecast period (2020-2030).

Multi-rotor drones are projected to be the most lucrative, capturing more than three fourth of the overall demand pie in the global drone motors market. Various retail and logistics companies across the globe are formulating different ways of testing drone delivery services and drone delivery systems to solve the problem of “last mile” deliveries.

Presently, drones and robot deliveries are not as far-fetched as they seem and many companies are expected to eventually integrate these in the future, unlocking growth avenues for drone motor manufactures. However, the recent COVID-19 pandemic has negatively affected the growth of the drone motors market. Demand for drone motors is expected to witness a decline in 2020 on the back of the COVID-19 pandemic. The market for drone motors is forecast to witness a dexterous CAGR of 28.4%

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Drone Motors Market – Scope of Report:

A latest publication by Fact.MR on the global Drone Motors market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2025.

Important indicators for the successful growth of the Drone Motors market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Drone Motors supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Drone Motors market, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape:

Some of the prominent players in the drone motors markets are: Nidec Group, Parrot Drone SAS, Faulhaber Group, Sunnysky Motors, Align Corp. Ltd, X-Team RC, Hobbymate, EMAX US Inc., FPV Model, among others. Prominent manufacturers are focusing on strategic acquisitions to strengthen their market foot-print and ensure that their production capacity meets increasing demand from healthcare and retail in the current pandemic.

For instance, in 2019, Nidec Motor Corporation acquired a US-based company Roboteq Inc., to design & sell ULV drives. Nidec has endeavored to strengthen its presence in some key growth areas such as robotization, to become a global leader in the ULV market. In 2019, MicroMo Electronics Ltd. has been officially recognized as Faulhaber Micromo LLC and has become a fully integrated part of the Faulhaber drive system division. The company intends to enhance its product portfolio in the North American market.

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Report benefits & key questions answered

• Post covid consumer spending on Drone Motors: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Drone Motors demand outlook: the market intelligence study reports highlights the factor propelling the demand for Drone Motors. As per the study, the demand for Drone Motors will grow through 2030.
• Drone Motors historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
• Drone Motors consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Drone Motors Market Segmentations:

• By Drone Type :

  • Fixed Wing
  • Multi-Rotor
  • Single-Rotor
  • Fixed-Wing Hybrid

• By Motor Type :

  • Brushless DC Motor
  • Brushless DC Motor

• By Power :

  • < 50W
  • 50W to 200W
  • > 200W

• By Drone Category :

  • Commercial
  • Consumer

• By Sales Channel :

  • OEM
  • Aftermarket

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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