Global Small Drones Market to Reach $13.4 Billion by 2023
North America and Europe, together accounted for about 64.6% of the total small drones market in 2016, with the former constituting around 37.4%. From growth perspective, Asia-Pacific and LAMEA are the two potential markets, expected to witness considerable increase in growth rates during the forecast period. At present, these two segments account for 35.4% of the small drones market. Their cumulative contribution in the overall market of the Asia-Pacific and LAMEA regions is anticipated to reach 36.8% by 2023, owing to high market growth over the next seven years. Asia-Pacific is expected to grow at a lucrative rate of 12.5% during the forecast period. Get the Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2312 The small drones market was valued at $6.2 billion in 2016, and is projected to reach at $13.4 billion by 2023, growing at a CAGR of 11.8% from 2017 to 2023. In 2016, the mini drones segment accounted for the highest revenue share in the small drones market.
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