| Product Code: ETC4563085 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The multirotor drones market import shipments in India exhibited robust growth with a significant CAGR from 2020 to 2024. Notably, the growth rate accelerated notably between 2023 and 2024, indicating a strong upward momentum in market expansion during this period. The overall trend suggests a rapidly expanding market with increasing demand for multirotor drones.
The India multirotor drones market has witnessed remarkable growth, driven by the proliferation of multirotor drones in applications like photography, videography, hobbyist use, and commercial activities. Multirotor drones are known for their stability, maneuverability, and ease of operation, making them popular among consumers and businesses. These drones are equipped with multiple rotors, typically quadcopters or hexacopters, which enable them to hover and fly in tight spaces with precision. The market offers a diverse range of multirotor drones with varying capabilities and features, catering to a broad spectrum of users. The rise of e-commerce delivery services, aerial photography, and recreational drone flying has contributed to the increasing demand for multirotor drones in India.
The India Multirotor Drones market is experiencing rapid growth due to the versatility and simplicity of operation that multirotor drones offer. These drones are widely used in industries like filmmaking, photography, and infrastructure inspection. The market`s growth is also propelled by the increasing awareness of drone technology among consumers and businesses, leading to a surge in demand for multirotor drones. The government`s efforts to streamline regulations and promote drone adoption for various applications further drive the market`s expansion.
Challenges in the India multirotor drones market include enhancing flight time, payload capacity, and stability in adverse weather conditions. Developing multirotor drones that can withstand strong winds and adverse environmental factors while carrying significant payloads is a considerable challenge. Ensuring the safety of these drones in crowded urban areas is also important.
The multirotor drones market in India experienced a mixed impact during the COVID-19 pandemic. While there was a slowdown in commercial applications like photography and videography due to social distancing measures, the need for multirotor drones in critical sectors such as agriculture and infrastructure inspections remained strong. Companies had to adapt their strategies to cater to both consumer and industrial segments.
The multirotor drone market in India is led by companies like DJI, Yuneec International, and Parrot, providing a wide range of multirotor drones for hobbyists, professionals, and various industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Multirotor Drones Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Multirotor Drones Market Revenues & Volume, 2021 & 2031F |
3.3 India Multirotor Drones Market - Industry Life Cycle |
3.4 India Multirotor Drones Market - Porter's Five Forces |
3.5 India Multirotor Drones Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Multirotor Drones Market Revenues & Volume Share, By Payload, 2021 & 2031F |
4 India Multirotor Drones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of multirotor drones for aerial photography and cinematography in events and entertainment industry. |
4.2.2 Rising demand for multirotor drones for surveillance and monitoring applications in sectors such as agriculture, infrastructure, and defense. |
4.2.3 Technological advancements leading to improved capabilities and functionalities of multirotor drones. |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions imposed by aviation authorities on the commercial use of drones. |
4.3.2 Concerns regarding privacy and security issues related to the use of multirotor drones. |
4.3.3 High initial costs associated with purchasing and maintaining multirotor drones. |
5 India Multirotor Drones Market Trends |
6 India Multirotor Drones Market, By Types |
6.1 India Multirotor Drones Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Multirotor Drones Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Multirotor Drones Market Revenues & Volume, By Defense, 2021-2031F |
6.1.4 India Multirotor Drones Market Revenues & Volume, By Aerial Shooting, 2021-2031F |
6.1.5 India Multirotor Drones Market Revenues & Volume, By Business & Commerce, 2021-2031F |
6.1.6 India Multirotor Drones Market Revenues & Volume, By Law Enforcement, 2021-2031F |
6.1.7 India Multirotor Drones Market Revenues & Volume, By Environmental Inspection, 2021-2031F |
6.2 India Multirotor Drones Market, By Payload |
6.2.1 Overview and Analysis |
6.2.2 India Multirotor Drones Market Revenues & Volume, By Electro-optic Sensor, 2021-2031F |
6.2.3 India Multirotor Drones Market Revenues & Volume, By Cameras, 2021-2031F |
6.2.4 India Multirotor Drones Market Revenues & Volume, By Sense & Avoid System, 2021-2031F |
6.2.5 India Multirotor Drones Market Revenues & Volume, By LiDAR, 2021-2031F |
6.2.6 India Multirotor Drones Market Revenues & Volume, By CBRN, 2021-2031F |
6.2.7 India Multirotor Drones Market Revenues & Volume, By Wi-Fi, 2021-2031F |
7 India Multirotor Drones Market Import-Export Trade Statistics |
7.1 India Multirotor Drones Market Export to Major Countries |
7.2 India Multirotor Drones Market Imports from Major Countries |
8 India Multirotor Drones Market Key Performance Indicators |
8.1 Average flight time per drone to assess efficiency and performance. |
8.2 Number of drone pilot certifications obtained to gauge the adoption and skill level in operating drones. |
8.3 Rate of innovation in drone technology to track advancements and competitiveness in the market. |
9 India Multirotor Drones Market - Opportunity Assessment |
9.1 India Multirotor Drones Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Multirotor Drones Market Opportunity Assessment, By Payload, 2021 & 2031F |
10 India Multirotor Drones Market - Competitive Landscape |
10.1 India Multirotor Drones Market Revenue Share, By Companies, 2024 |
10.2 India Multirotor Drones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |