Unmanned Aerial Vehicle (UAV) Market size is valued at USD 4,600.0 million in 2021 and is expected to reach a value of USD 7,883.6 million by 2028, growing at a CAGR of 8.0% during the forecast period 2022 to 2028. The global market provides a detailed overview of the unmanned aerial vehicle (UAV) market and that can be segmented by type, function, MTOW and end user. By type, the unmanned aerial vehicle (UAV) market has been segmented into fixed wing, rotary wing, and hybrid. The fixed-wing segment is likely to be the largest and fastest-growing segment in terms of type. Based on function, the unmanned aerial vehicle (UAV) market is segmented into special purpose drones, passenger drones, inspection & monitoring drones, surveying & mapping drones, praying & seeding drones, and others. Among these, the special purpose drones segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of MTOW, the market is segregated into <25 KG, 25-170 KG, and 170 KG. The 25-170 KG held a considerable market share during the forecast period. Based on end-user, the market is segregated into military, public safety & security, agriculture, insurance, energy, mining & quarrying, oil and gas, transport, logistics & warehousing, journalism & media, arts, entertainment & recreation, healthcare & social assistance and others. The agricultural segment held a considerable market share during the estimated period.
In April 2021, A new DJI Air 2S was created by DJI. This little camera drone offers a comprehensive solution for successful flight.