SMALL UAV MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In April 2023, SZ DJI Technology Co., Ltd. is a prominent Chinese technology company specializing in unmanned aerial vehicles (UAVs) launched Mavic 3 Pro, a top-tier drone with three cameras. It boasts an extended flight time of up to 43 minutes, advanced obstacle detection, and can transmit high-definition video up to 15km away. This drone empowers creators to explore new levels of imagination.
• In March 2023, the Federal Aviation Administration (FAA) approved the Pearland Police Department in Texas to utilize drones as first responders, allowing them to operate Beyond Visual Line of Sight (BVLOS) without visual observers. This move came as part of the department's initiative, the Drone as First Responder (DFR) program, aimed at improving their response to emergency situations.
• In February 2023, a scientific team flew the Autel EVO Lite+ drone into the active main crater of Costa Rica's Irazú volcano. Equipped with a 6K camera, the drone assisted in documenting various aspects of the volcano, such as lake water levels, mineralization or crystallization areas, and potential vents releasing volcanic emissions.
• January 2023 Autel Robotics is a well-known company that specializes in the design, development, and manufacturing of unmanned aerial vehicles (UAVs) launched EVO Max 4T, a compact drone tailored for first responders. Featuring a thermal zoom camera and range finder, this drone boasts a 640x512 thermal camera, a 50MP wide camera, and a 48MP zoom camera capable of 10x optical and 160x digital zoom. Additionally, it holds an IP43 rating, allowing it to operate in light rain and snow conditions.
• In November 2022, the Direction Générale de l’Armement (DGA), the French Government's defense procurement and technology agency, received 400 ANAFI USA micro-drones. These micro-drone systems are designed to fulfill the operational needs of the three armies, including conventional and Special Forces units. The DGA specified that 12% of the systems will go to the air and space force, 28% to the French navy, and 60% to the army.