The global market for multirotor drones is on course to reach $8.3 billion (£ 6.3 billion) within the next seven years, new research suggests. The market UAVs with more than two motors was worth $1.9 billion (£1.4 billion) last year but is poised to experience CAGR of 20% between now and 2027, according to Stratistics MRC. It said key factors propelling the market growth include the increasing need for quick access to mission critical locations, the growing use of UAVs in the military and law enforcement applications, and technological advancements to improve the working of multirotor drones. However, declining defence
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.