Multi-Rotor Drone Market - Analysis and Forecast 2016-2022 - HARD COPY

The multi-rotor drone market is experiencing an advanced rate of growth over the past years due to the increasing demand in commercial and civil applications. This high scale of growth of the multi-rotor drone industry is subsequently influencing the market, wherein new range of programs are being carried out to develop latest drone technologies. Technology is one of the key drivers for its increased adoption in the commercial market. The reductions in the power, components and form factor has allowed the drones to carry heavier payloads resulting it more versatile for consumer and industrial market. The different types of payloads for multi-rotor drone include: cameras, electro-optics, autopilot, GPS/INS, and sense and avoid systems among others. By analysis, multi-rotor drone market generated $1,254.82 million in 2016, in terms of revenue. Following points provide a concrete description of the report content and the topics covered in the report:

? This report identifies the global multi-rotor drone market under different segments such as payloads, application, pricing and geography
? The study includes the market analysis and forecast of global multi-rotor drone market for from 2016 to 2022 in terms of value. The report also highlights the year-on-year growth of the market
? It examines the prime supply and demand side factors affecting the growth of the market along with the current and future trends prevalent in the multi-rotor drone market
? It also presents a detailed examination of multi-rotor drone market along the lines of market drivers, restraints, growth opportunities, and challenges
? The report also highlights the value chain of the industry with a major focus on technology roadmap
? A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies followed by the key players in the market.
? Multi-rotor drone market analysis and forecast with respect to various payloads such as cameras, EO/IR, LiDAR, GPS/INS, autopilot, Chemical, Biological, Radiological and Nuclear (CBRN), sense and avoid systems, and high speed data communication garners major emphasis in the report
? Multi-rotor drone market has been analyzed for all geographies including North America, Europe, Asia-Pacific, and Rest of the World with further analysis in respect to other major countries
? Several ongoing programs for advancement of multi-rotor drone are included in this report
? The key market players are analyzed and profiled in detail in the report. This section covers business financials, company snapshots, key products & services, major developments, future programs (if any), and finally, the individual SWOT analysis
Table of Contents
Executive Summary 16
1 Research Scope & BIS Methodology 22
1.1 Scope of the Report 22
1.2 Multi-Rotor Drone Market Research Methodology 23
2 Market Dynamics 28
2.1 Market Drivers 32
2.1.1 Increasing Utilization of Multi-Rotor Drones in Precision Farming 32
2.1.2 Rising Adaptability in Law Enforcement Agencies 34
2.1.3 Growing Demand in Military Applications 34
2.1.4 Growing Adoption over Commercial Applications 35
2.2 Market Challenges 37
2.2.1 Issues while Operating in Cold temperature 37
2.2.2 Strict Government Regulations 37
2.2.3 Vulnerability of Multi-Rotor Drones to Cyber Attacks 38
2.2.4 Privacy Concerns with Multi-Rotor Drones 39
2.3 Market Opportunities 40
2.3.1 Emergence of Innovative Battery Technologies 40
2.3.2 Improved Miniaturized Sensors for Drone Manoeuvrability 41
3 Competitive Insights 42
3.1 Competitive Landscape 42
3.2 Key Strategies and Developments 43
3.2.1 Partnerships, Agreements and Contracts 44
3.2.2 Product Launches 46
3.2.3 Mergers and Acquisitions 48
3.2.4 Other Developments 50
4 Industry Analysis 51
4.1 Evolution of Multi-Rotor Drone 51
4.2 Multi-Rotor Drone Product Mapping with Key Manufacturers 52
4.3 Pricing on Multi-Rotor Drones 56
4.4 Investments in Drone Start-ups, 2014-2016 60
4.5 Global Drone Market: Regulatory Environment 63
4.5.1 Drone Regulatory Authorities by Country 63
4.5.2 UAV Rule-Making Progress in the U.S. and Europe 70
4.6 Value Chain Analysis 74
5 Global Multi-Rotor Drone Market, 2016-2022 76
5.1 Assumptions and Limitations 76
5.2 Market Overview 77
6 Multi-Rotor Drone Market by Payload 79
6.1 Market Overview 80
6.2 Camera 85
6.3 EO/IR 86
6.4 GPS/INS 87
6.5 Autopilot 88
6.6 LiDAR 89
6.7 CBRN 91
6.8 Sense and Avoid Systems 92
6.9 High Speed Data Communication 93
7 Multi-Rotor Drone Market by Application 94
7.1 Market Overview 95
7.2 Aerial Shooting 98
7.3 Inspection and Monitoring 100
7.4 Survey and Mapping 102
7.5 Precision Farming 104
7.6 Law Enforcement 108
7.7 Others 110
8 Multi-Rotor Drones Market By Price Range 112
8.1 Market Overview 112
8.2 Consumer (<$999) 115
8.3 Prosumer ($1,000-1,999) 116
8.4 Professional ($2,000-100,000) 117
9 Multi-Rotor Drone Market by Geography 118
9.1 Market Overview 119
9.2 North America 122
9.2.1 The United States 123
9.2.2 Canada 125
9.3 Europe 126
9.3.1 The U.K. 127
9.3.2 France 128
9.3.3 Germany 129
9.3.4 Russia 130
9.4 Asia Pacific 131
9.4.1 China 133
9.4.2 India 134
9.4.3 Japan 136
9.5 Rest of the World 137
9.5.1 Latin America 138
9.5.2 Middle East and Africa 139
10 Company Profile 140
10.1 3D Robotics–Drone & UAV Technology 140
10.1.1 Company Overview 140
10.1.2 Products & Services 140
10.2 AeroVironment 142
10.2.1 Company Overview 142
10.2.2 Financials 143
10.2.2.1 Overall Financials 143
10.2.2.2 Segment Revenue Mix 144
10.2.2.3 End Customers 145
10.2.2.4 Geographic Revenue Mix 146
10.2.3 SWOT Analysis 147
10.3 Aeryon Labs Inc 148
10.3.1 Company Overview 148
10.3.2 Products and services 148
10.4 DJI Innovations 150
10.4.1 Company Overview 150
10.4.2 Products and Services 150
10.5 Draganfly Innovations Inc. 152
10.5.1 Company Overview 152
10.5.2 Products and Services 153
10.6 Microdrones 154
10.6.1 Company Overview 154
10.6.2 Products and Services 155
10.7 MicroMultiCopter Aero Technology (MMC) 156
10.7.1 Company Overview 156
10.7.2 Products and Services 157
10.8 Multirotor service-drone, GmbH 158
10.8.1 Company Overview 158
10.8.2 Products and Services 159
10.9 Parrot SA 160
10.9.1 Company Overview 160
10.9.2 Financials 161
10.9.2.1 Overall Financials 161
10.9.2.2 Segment Revenue Mix 162
10.9.2.3 Geographic Revenue Mix 164
10.9.3 SWOT Analysis 165
10.10 Yuneec International Co. Ltd. 166
10.10.1 Company Overview 166
10.10.2 Products and Services 167
11 Appendix 168
11.1 Related Reports 168

List of Tables
Table 2.1 Commercial Multi-Rotor Drones 36
Table 3.1 Key Contracts, Agreements and Partnerships 44
Table 3.2 Key Product Launches 46
Table 3.3 Mergers, Acquisitions, and Joint Venture 48
Table 3.4 Other Developments 50
Table 4.1 Leading Manufacturers Product Offerings 52
Table 4.2 Pricing on Multi-Rotor Drones, 2016 56
Table 4.3 Leading Drone Start-ups 60
Table 4.4 Drone Regulatory Authorities by Country 64
Table 4.5 Country-wise Drone Regulations by Application 67
Table 4.6 FAA vs. EU/EASA 72
Table 6.1 Multi-Rotor Drone Market by Payload 2016-2022 ($Million) 82
Table 7.1 Multi-Rotor Drone Market by Application 2016-2022 ($Million) 96
Table 9.1 Multi-Rotor Drone Market Size by Geography, 2016-2022 ($Million) 120
Table 9.2 Multi-Rotor Drone Market Size in Rest of the World, 2016-2022 ($Million) 137
List of Figures
Figure 1 Global Multi-Rotor Drone Market by Value and Volume 17
Figure 2 Global Multi-Rotor Drone Market by Payload 18
Figure 3 Global Multi-Rotor Drone Market by Application 19
Figure 4 Global Multi-Rotor Drone Market by Geography 20
Figure 1.1 Multi-Rotor Drone Market Scope 22
Figure 1.2 Secondary Data Sources 24
Figure 1.3 Top Down and Bottom up Approach 25
Figure 1.4 Multi-Rotor Drone Market Influencing Factors 26
Figure 1.5 Assumptions and Limitations 27
Figure 2.1 Market Dynamics Snapshot 28
Figure 2.2 Impact Analysis on Market Drivers 29
Figure 2.3 Impact Analysis on Market Challenges 30
Figure 2.4 Impact Analysis on Market Opportunities 31
Figure 2.5 Benefits of Agricultural Drones 33
Figure 3.1 Some of the Organic and Inorganic Growth Strategies Adopted by the Key Players 42
Figure 3.2 Percentage Share of Strategies Adopted by the Market Players, 2014-2016 43
Figure 4.1 Evolution of Unmanned Aerial Vehicles 51
Figure 4.2 Funding in Drone Start-ups, 2014-2016 62
Figure 4.3 Funding in Drone Start-ups by Geography, 2014-2016 63
Figure 4.4 UAV Rule-Making Progress in the U.S. and Europe 71
Figure 4.5 FAA Regulations for Commercial Drones 73
Figure 4.6 Value Chain Analysis 74
Figure 5.1 Global Multi-Rotor Drone Market by Value 2016-2022 ($Million) 77
Figure 6.1 Classification of Multi-Rotor Drone Market by Payload 80
Figure 6.2 UAV Payload and their Applications 81
Figure 6.3 Multi-Rotor Drone Market by Payload, 2016-2022 84
Figure 6.4 Camera Payload Market Size, 2016-2022 85
Figure 6.5 EO/IR Payload Market Size, 2016-2022 86
Figure 6.6 GPS/INS Payload Market Size, 2016-2022 87
Figure 6.7 Autopilot Payload Market Size, 2016-2022 88
Figure 6.8 LiDAR Payload Market Size, 2016-2022 89
Figure 6.9 CBRN Payload Market Size, 2016-2022 91
Figure 6.10 Sense and Avoid Systems Payload Market Size, 2016-2022 92
Figure 6.11 High Speed Data Communication Payload Market Size, 2016 and 2022 93
Figure 7.1 Classification of Multi-Rotor Drone Market by Application 95
Figure 7.2 Multi-Rotor Drone Market by Application 2016 and 2022 97
Figure 7.3 Aerial Shooting Market Size, 2016-2022 98
Figure 7.4 Inspection and Monitoring Market Size, 2016-2022 100
Figure 7.5 Survey and Mapping Market Size, 2016-2022 102
Figure 7.6 Precision Farming Market Size, 2016-2022 104
Figure 7.7 Usage of Drones throughout the Crop Life Cycle 105
Figure 7.8 Sensors and their Agricultural Applications 106
Figure 7.9 Precision Farming Market: Drivers and Restraints 107
Figure 7.10 Law Enforcement Market Size, 2016-2022 108
Figure 7.11 Market Size for Other Applications, 2016 and 2022 110
Figure 8.1 Classification of Multi-Rotor Drone Market by Price Range 112
Figure 8.2 Multi-Rotor Drone Market Share by Prices Range, 2016 and 2022 114
Figure 8.3 Multi-Rotor Drone Market for Consumer, 2016-2022 115
Figure 8.4 Multi-Rotor Drone Market for Prosumer, 2016–2022 ($Million) 116
Figure 8.5 Multi-Rotor Drone Market for Professionals, 2016-2022 117
Figure 9.1 Classification of Multi-Rotor Drones Market by Geography 119
Figure 9.2 Geographic Distribution of Multi-Rotor Drone Market, 2016-2022 120
Figure 9.3 North American Multi-Rotor Drone Market Size, 2016-2022 122
Figure 9.4 Multi-Rotor Drone Market Size in the U.S., 2016-2022 123
Figure 9.5 Multi-Rotor Drone Market Size in Canada, 2016-2022 125
Figure 9.6 European Multi-Rotor Drone Market Size, 2016-2022 126
Figure 9.7 Multi-Rotor Drone Market Size in the U.K., 2016-2022 127
Figure 9.8 Multi-Rotor Drone Market Size in France, 2016-2022 128
Figure 9.9 Multi-Rotor Drone Market Size in Germany, 2016-2022 129
Figure 9.10 Multi-Rotor Drones Market Size in Russia, 2016-2022 130
Figure 9.11 APAC Multi-Rotor Drone Market Size, 2016-2022 131
Figure 9.12 Multi-Rotor Drone Market Size in China, 2016-2022 133
Figure 9.13 Multi-Rotor Drone Market Size in India, 2016-2022 134
Figure 9.14 Multi-Rotor Drone Market Size in Japan, 2016-2022 136
Figure 9.15 Multi-Rotor Drone Market Size in Rest of the World, 2016-2022 137
Figure 9.16 Multi-Rotor Drone Market Size in Rest of the World, 2016 & 2022 ($Million) 138
Figure 10.1 AeroVironment–Overall Financials, 2013-2015 143
Figure 10.2 AeroVironment–Business Segment Revenue Mix, 2013-2015 144
Figure 10.3 AeroVironment–End Customers, FY 2015-2016 145
Figure 10.4 AeroVironment–Geographic Revenue Mix, 2013-2015 146
Figure 10.5 Share of FAA 333 exemptions, 2015 151
Figure 10.6 Parrot SA–Overall Financials, 2013-2015 161
Figure 10.7 Parrot SA–Business Segment Revenue Mix, 2013-2015 162
Figure 10.8 Parrot SA–Revenue Breakdown for Drone Segment, 2010-2015 163
Figure 10.9 Parrot SA–Geographic Revenue Mix, 2013-2015 164
Drones have emerged as a powerful tool for various military and non-military applications. These systems have constantly been evolving at a rapid pace, due to its expansive growth in the commercial sector. A multi-rotor drone is also commonly referred as ‘rotorcraft’ which consists of more than two rotors and are capable of autonomous flight. With various forms of innovations in the field of drone technology, advanced systems are being developed that are highly autonomous, light weight and are easy to operate. The market of multi-rotor drones is expected to show robust growth due the increasing use of UAVs in the law enforcement and other non-military applications. DJI, 3D Robotics, AeroVironment, Aeryon Labs, Microdrones GmbH, Draganfly Innovations, MicroMultiCopter Aero Technology (MMC), Multirotor service-drone, Parrot and Yuneec are some of the major players of the multi-rotor drone market.
FIGURE 1 GLOBAL MULTI-ROTOR DRONE MARKET, 2016-2022 ($MILLION)

Company Websites, Annual Reports, Press Release, SEC Filing, Expert Interviews, Secondary Research, and BIS Research Analysis
The global multi-rotor drone market reported a revenue of $1,254.82 million in 2016 with aerial shooting segment accommodating for the highest revenue by 2022. Survey and mapping segment is likely to grow at a highest rate owing to its increasing use in the construction, Geographic Information System (GIS) and others.
FIGURE 2 GLOBAL MULTI-ROTOR DRONE MARKET BY APPLICATION, 2016-2022 ($MILLION)
Company Websites, Annual Reports, Press Release, SEC Filing, Secondary Research, and BIS Research Analysis
Growth in the aerial photography development of advanced sensors, improvement in the computing speeds and enhanced data processing capabilities has driven multi-rotor drone technologies. The drones in the consumer sector is expected to have the highest demand during the forecast period and hence, will prove as the potential market for the utilization of multi-rotor drone. The growth in the aerial photography has also provided opportunities for many players. Many countries across the world are actively implementing their laws and regulations governing the commercial drone industry. Moreover, the growing prominence of drone as-a-service has enabled various commercial sectors with increased advantages. The application of the multi-rotor drones has been actively adopted in precision farming to monitor the quality of the soil and the crops produced for better productivity.
North America is expected to have the highest market during the forecast period (2016-2022), followed by Europe, Asia and the Rest of the World (RoW). The increase in the demand for multi-rotor drones in the North America is mainly attributed to the moderate regulations by Federal Aviation Administration (FAA). The market players are thus, able to provide services across various applications. The commercial market for multi-rotor drones in the U.S. is increasing for applications such as inspection, precision agriculture and search and rescue operations, among others. The United States is expected to dominate the market during the forecast period (2016-2022). The U.K. is one of the prominent countries in Europe, which is currently focusing on the development of drones for public safety and security. Asia-Pacific region majorly consists of China, Japan, and India in the multi-rotor drone market. The countries in the region are experiencing a trend of extensive investment in all forms of drone technologies. Indian market, currently being the largest importer of UAVs, is expected to grow at a highest rate. Moreover, there are ample opportunities for new entrants in this region, as the demand for UAVs in increasing for both commercial as well as defense applications.
North America(The United States,Canada),Europe(The U.K.,France,Germany,Russia),Asia Pacific(China,India,Japan),Rest of the World(Latin America,Middle East and Africa)
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Multi-rotor drones have been on the path of gradual advancement in the field of unmanned technologies in the present times. The emergence of drone technologies have made it easier to carry out aerial surveillance with wide number of opportunities in different applications. The growing demand for aerial photography and other non-military applications has primarily driven the need for drone technologies. Moreover, the development of advanced sensors, improvement in the computing speeds and enhanced data processing capabilities has driven its usage over commercial applications.
Multi-rotor drones are rapidly evolving with significant advancements in unmanned technology. Manufacturers are currently focusing on the development of multi-rotor drones with advanced technologies that can operate independently and requires less human intervention. According to BIS Research Analysis, the global multi-rotor drone market is estimated to be $1,254.82 million in 2016.
The multi-rotor drone market is highly driven by the increasing demand generated by consumer and commercial applications. High precision, productivity, high efficiency, cost savings and technological advancements are the key factors which can further contribute to the growth of the multi-rotor drone market.
The advancements in the technology has led the key manufacturers to build advanced multi-rotor drones that are highly autonomous, light weight and are easy to operate. DJI, Parrot, 3D Robotics, and Yuneec are some of the leading producers that use advanced drone technologies in the multi-rotor drones. The market players are also focused on the development of multi-rotor drone specific to particular application.
Multi-rotor drones are mainly categorized on the basis of payloads such as camera, autopilot, GPS/INS, sense and avoid systems, electro-optics/infrared, LiDAR, CBRN and high speed data communication. These payloads used in the multi-rotor drone vary in accordance with the applications. For instance, CBRN sensors are majorly used in the military applications and can collect CBRN information from the site and transmit it wirelessly back to incident command.
The North America is currently dominating the multi-rotor drone market, however, the geographical analysis of this market unveils a great potential for growth in the Asia-Pacific countries. According to the analysis, the presence of emerging economies, particularly China and India, are majorly contributing to the growth of the market. Moreover, due to a small number of manufacturing companies in this region, there is a vast scope of opportunities for new and already established market players. The U.K., Germany, France, Russia are some of the prominent countries for European multi-rotor drone market. The European market is likely to foresee growth opportunities in the areas such as inspecting industrial surveys, pipelines, mapping and survey of construction sites, and topographic surveys, among others. Moreover, the rapid development in the region is expected to increase the requirement of drone technology and is likely to propel multi-rotor drone market forward in the coming future.
DJI, 3D Robotics, AeroVironment, Aeryon Labs, Microdrones GmbH, Draganfly Innovations, MicroMultiCopter Aero Technology (MMC), Multirotor service-drone, Parrot and Yuneec