Nano UAV Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033 | The Boeing Company, Lockheed Martin Corporation, Intel Corporation, Northrop Grumman Corporation, Thales Group,

Overview and Scope
Nano UAVs (unmanned aerial vehicles) refer to small, lightweight, and often compact UAVs that are designed for various applications, including reconnaissance, surveillance, data collection, and monitoring in environments where larger drones or traditional aircraft may not be practical or feasible. They are typically less than 15 cm in size and weigh less than 100 grams, and they are used for search and rescue missions due to their ease of maneuvering in challenging terrain and confined areas.

Sizing and Forecast
The nano UAV market size has grown exponentially in recent years. It will grow from $1.53 billion in 2023 to $1.97 billion in 2024 at a compound annual growth rate (CAGR) of 28.8%.  The growth in the historic period can be attributed to military operations, counter-terrorism operations, border surveillance, law enforcement, and disaster response.

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Segmentation & Regional Insights
The nano UAV market covered in this report is segmented –
1) By Product Type: Fixed Wing, Rotary Wine, Other Products
2) By Class Type: Small Unmanned Aerial Vehicle (UAV), Tactical Unmanned Aerial Vehicle (UAV), Strategic Unmanned Aerial Vehicle (UAV), Special Purpose Unmanned Aerial Vehicle (UAV)
3) By Propulsion System: Hydrogen Cell, Solar Cell, Lithium-Ion
4) By Application: Civil and Commercial, Military, Homeland Security, Other Applications

Top 5 Major Players:

• The Boeing Company,
• Lockheed Martin Corporation,
• Intel Corporation,
• Northrop Grumman Corporation,
• Thales Group,

North America was the largest region in the nano UAV market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nano uav market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increase in the defense budget is expected to propel the growth of the nano UAV market going forward. A defense budget refers to the portion of a government’s overall budget allocated specifically for defense and military-related expenditures. A higher defense budget often leads to increased procurement of military equipment, including UAVs. Nano UAV manufacturers may benefit from government contracts and orders for these smaller unmanned systems to support various defense operations, intelligence gathering, surveillance, reconnaissance, and target acquisition missions. For instance, in April 2023, according to the Stockholm International Peace Research Institute, a Sweden-based institute and independent resource on global security, world military expenditure increased by 3.7% in real terms in 2022 to reach a record high of $2,240 billion. Military expenditure in Europe rose by 13% during the year. US military spending also increased by 8.8% in nominal terms between 2021 and 2022, but real spending increased by 0.7% over that same time due to an 8.1% inflation rate. Therefore, the increase in the defense budget is driving the growth of the nano UAV market.

Key Industry Players
Major companies operating in the nano uav market are The Boeing Company, Lockheed Martin Corporation, Intel Corporation, Northrop Grumman Corporation, Thales Group, Textron Inc., Elbit Systems Ltd., Teledyne Technologies Inc., Saab AB, Israel Aerospace Industries Ltd., DJI (Dà-Jiāng Innovations) Technology Co. Ltd., AeroVironment Inc., Yuneec International Co. Ltd., Parrot SA, Microdrones GmbH, 3DR (3D Robotics), senseFly Ltd., Flyability SA, Delair Tech SAS, PrecisionHawk Inc., Aeryon Labs Inc., Kespry Inc., Nimbus Maps Ltd., Altavian Inc., Quantum Systems GmbH

The nano uav market report table of contents includes:
1. Executive Summary
2. Nano UAV Market Characteristics
3. Nano UAV Market Trends And Strategies
4. Nano UAV Market – Macro Economic Scenario
5. Global Nano UAV Market Size and Growth

…

32. Global Nano UAV Market Competitive Benchmarking
33. Global Nano UAV Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Nano UAV Market
35. Nano UAV Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Nano UAV Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Nano UAV Market, Segmentation By Class Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Nano UAV Market, Segmentation By Propulsion System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

….

Table 75: The Boeing Company Financial Performance
Table 76: Lockheed Martin Corporation Financial Performance
Table 77: Intel Corporation Financial Performance
Table 78: Northrop Grumman Corporation Financial Performance
Table 79: Thales Group Financial Performance

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