Octocopter Drone Market
Octocopter Drone Market Size, Share, Growth & Industry Trends Analysis Report, By Payload (Below 10 Kg, 10-20 kg, Above 20 kg), By Drone Type (Consumer/Civil, Commercial, Military), By End User and Region - Global Market Insights 2023 to 2033
Analysis of Octocopter Drone Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Octocopter Drone Market Outlook (2023 to 2033)
The global octocopter drone market will reach a valuation of US$ 3,447.6 million in 2023 and expected to progress at a CAGR of 18.1% to reach US$ 18,197.8 million by the end of 2033.
In 2023, the global drone market is estimated to have around 7.6 million unit shipments, while the drone market is projected to grow at 15.3% CAGR. In terms of volume, octocopter drone will have nearly 0.7 million units demand, wherein sales of octocopter drone accounted for nearly 11% market share of the global drone market at the end of 2022.
Report Attributes | Details |
---|---|
Octocopter Drone Market Size (2022A) | US$ 2,822.1 million |
Estimated Market Value (2023E) | US$ 3,447.6 million |
Forecasted Market Value (2033F) | US$ 18,197.8 million |
Global Market Growth Rate (2023 to 2033) | 18.1% CAGR |
North America Market Share (2023) | 30.1% |
North America Market Value (2023) | US$ 1,038.1 million |
Europe Market Share (2023) | 35.4% |
Europe Market Value (2023) | US$ 1,220.8 million |
China Market Share (2023) | 11.3% |
China Market Value (2023) | US$ 389.6 million |
Market Share of Top 3 Countries | 42.1% |
Key Companies Profiled | IDS Ingegneria Dei Sistemi S.p.A; DJI; Intel; ASW; Multirotor; Botlink; Tarot; Xfold |
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Sales Analysis of Octocopter Drone (2018 to 2022) Vs. Market Outlook (2023 to 2033)
The drone becomes more effective as a result of the numerous rotors' increased speed, performance, drift, and descent times. Octocopter have a greater capacity to carry and operate extra equipment for acquiring better visual data, making them an excellent choice for long-term aerial activities. The availability of quick-to-assemble components with higher carrying capacity and a variety of commercial and defense applications has contributed to the expansion of the world octocopter market.
The drone rotors on the octocopter each run independently, with their relative speeds adjusted to produce the thrust and torque necessary to lift the drone. In this configuration, the remaining rotors maintain stability when hovering in the air, even if one of the rotors is malfunctioning.
The market for octocopter drones has increased as a result of the inclusion of technologies that minimize mechanical losses and offer long-term stability in the air. Leading market participants are functioning vigorously and expanding their network and resources. extensive investments to strengthen their infrastructure with the goal of gaining a sizable market share.
- Short Term (2023 to 2026): Growing commercial use will positively impact octocopter market growth. As the octocopter drones are capable of lifting heavy industrial camera and payloads.
- Medium Term (2026 to 2029): United States and China is anticipated to witness comparatively high octocopter demand due to increasing advancement in drone technology.
- Long Term (2029 to 2033): Adopting new advanced technology like UAV can open new opportunities for octocopter market players.
From 2018 to 2022, the global market for octocopter drone registered a CAGR of 14.1% Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 18.1% CAGR between 2023 and 2033.
Market share analysis of octocopter drone based on pay load capacity and region is provided in the above image. Under the pay load capacity segment, 10-20 kg sub-segment dominates with 47.8% market share in 2023.
What’s Driving High Demand for Octocopter Drone across Regions?
“Rising Demand for Drone Operability in Extreme Conditions to Elevate the Market Growth”
Numerous jobs can be carried out by octocopter drones in inhospitable and perilous environments. Octocopter can't, however, fly in every kind of weather. Your octocopter drone's performance may be impacted by weather factors like precipitation, strong winds, and cold temperatures. For instance, precipitation can harm the electronics in octocopter drones. These elements have raised demand for octocopter drones that can function in harsh environments.
Furthermore, only a small number of drone manufacturers have already begun creating and introducing new drones that are simple to control in difficult circumstances. Octocopter drones are therefore anticipated to fuel growth during the predicted period.
“Increasing Use of Octocopter Drone in Application Sector Enhances the Sales of Octocopter”
Octocopter have the ability to take off and land vertically. The presence of this component increases the usage of octocopter for patrol, surveying, and surveillance in terrain that is geographically inaccessible. Due to restrictions on the use of fixed-wing and single-rotor drones, the use of octocopter is growing in the global defense industry.
The demand for airborne surveillance vehicles with lengthy hovering capabilities has increased due to a growth in construction operations in complicated sectors including shipbuilding, mountain bridge construction, and estuary dam development. Octocopter are becoming more popular as a result of rising demand for simple-to-control aircraft for commercial and geographic assessments. Consequently, it is anticipated that the global octocopter market for the construction sector will develop at a rate of of 18.1% until 2033.
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What Do Octocopter Drone Manufacturer Need to Watch Out for?
“High Price of the Octocopter Drone System and Spare Parts is the Major Restraining Factor”
Along with typical aviation aficionados, those who wish to work extra hours, experiment with aerial photography, and fly drones for pleasure are becoming more and more interested in octocopter drones. As consumers utilize drones more frequently to further their hobbies and interests, octocopter drone sales have dramatically expanded globally.
Country-wise Insights
How octocopter drone market is skyrocketing in United States?
The market for drones in the United States is estimated to be worth US$ 1.22 billion at the end of 2022 and is projected to grow to US$ 1.40 billion by the end of 2027. In addition, the US produces the most drone cameras. The number of drones registered in the United States is 865,505, according to the Federal Aviation Administration.
Moreover, United States Federal Aviation Administration (FAA) has also released new regulations that offer more comprehensive and consistent guidance regarding the safe and legal operation of unmanned aerial vehicles (UAVs) in commercial settings. These laws and rules are designed to make it easier to enter the market and promote product acceptance in the United States. Thus, United States octocopter market is expected to reach US$ 927.2 million by 2023 and expected to reach CAGR 15.1% in the forecast years.
Why is the China Octocopter Drone Market Expected to Be Highly Lucrative?
The majority of drones are produced in China. China, which has 1,800 drone producers at the beginning of 2021, dominates the military drone market. The employment of drones in many industrial sectors is being encouraged by the Chinese government, which is implementing a number of subsidy programs and other beneficial domestic policies. Demand for these unmanned aerial vehicles is rising in China as a result of the country's expanding drone applications (UAVs).
However, the growing need for drones for surveying, inspection, monitoring, and surveillance applications in the construction, agricultural, infrastructure, energy, telecommunications, mining, and insurance industries is what is fueling the nation's commercial drone boom. All these factors enable the growth of the Chinese octocopter market in the long term, creating a value of US$ 407.9 million between 2023 and 2033.
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Category-wise Insights
Why is the demand for 10-20 kg payload capacity is expected to surge the market?
The 10-20 kg octocopter drone is expected to have maximum market share in the forecast year. As the octocopter drones are designed for logistics purpose, it helps in transferring goods from one place to another place through air channel. The octocopter drones are used by different end users for instance healthcare, construction & mining, oil & gas, delivery & logistics etc.
Therefore, 10-20 kg payload capacity will reach a value at US$ 1,646.6 million and market share of 47.8% by the end of 2023.
Why is Market Growth Being Led by the Delivery & Logistics?
The emerging delivery & logistics market is experimenting new way of delivery system through octocopter drones. The global logistics market is accounts for 38,000 jobs and contributes US$ 1.6 billion in gross value added. By 2030, the logistics market expected to grow by US$ 439 million.
More than one-third of the worldwide delivery market's income came from the Asia-Pacific region in 2021, and that region is expected to maintain its dominance through 2031. According to the World Bank China has the growth potential of delivery and logistics market, china stands on 27th position in Logistics Performance Index. The delivery and logistics market segment is expected to reach the value US$ 695.7 million and market share of 20.2% by the end of 2023.
Competitive Landscape
Prominent octocopter manufacturers are IDS Ingegneria Dei Sistemi S.p.A, DJI, Intel, ASW, Multirotor, Botlink, Tarot, Xfold and other key players are into the octocopter drone manufacturing segment to meet the consumer demand in the market.
Market players are investing more capital and resources in R&D while trying to increase their regional presence. The business has established beneficial alliances and partnerships with end-user industries and governments. Modern drones and their attachments are in high demand, which enables market participants to broaden their product offerings. As octocopter offers higher stability and payload capacity as compared to other category, they are widely preferred by commercial end users.
Fact.MR has provided detailed information about the price points of key manufacturers of octocopter positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Octocopter Drone Industry Research
-
By Payload :
- Below 10 Kg
- 10-20 kg
- Above 20 kg
-
By Drone Type :
- Consumer / Civil
- Commercial
- Military
-
By End User :
- Healthcare
- Food & Beverage
- Industrial
- Military
- Agriculture
- Delivery & Logistics
- Construction
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (‘000 Units) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ Mn) Analysis and Forecast
- 7. Global Market Analysis and Forecast, by Payload
- 7.1. Below 10 Kg
- 7.2. 10-20 Kg
- 7.3. Above 20 Kg
- 8. Global Market Analysis and Forecast, by Drone Type
- 8.1. Consumer / Civil
- 8.2. Commercial
- 8.3. Military
- 9. Global Market Analysis and Forecast, By End Use
- 9.1. Healthcare
- 9.2. Food & Beverage
- 9.3. Industrial
- 9.4. Military
- 9.5. Agriculture
- 9.6. Construction
- 9.7. Delivery & Logistics
- 10. Global Market Analysis and Forecast, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia & Oceania
- 10.6. Middle East & Africa
- 11. North America Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Europe Market Analysis and Forecast
- 14. East Asia Market Analysis and Forecast
- 15. South Asia & Oceania Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Country-level Market Analysis and Forecast
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. IDS Ingegneria Dei Sistemi S.p.A
- 19.2. DJI
- 19.3. Intel
- 19.4. ASW
- 19.5. Multirotor
- 19.6. Botlink
- 19.7. Tarot
- 19.8. Xfold
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (USD Million) and Forecast, By Region, 2018 to 2022
Table 02: Global Market Value (USD Million) and Forecast, By Region, 2023 to 2033
Table 03: Global Market Volume (Units) and Forecast, By Region, 2018 to 2022
Table 04: Global Market Volume (Units) and Forecast, By Region, 2023 to 2033
Table 05: Global Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 06: Global Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 07: Global Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 08: Global Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 09: Global Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 10: Global Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 11: Global Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 12: Global Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 13: Global Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 14: Global Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 15: Global Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 16: Global Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 17: North America Market Value (USD Million) and Forecast, By Country, 2018 to 2022
Table 18: North America Market Value (USD Million) and Forecast, By Country, 2023 to 2033
Table 19: North America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 20: North America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 21: North America Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 22: North America Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 23: North America Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 24: North America Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 25: North America Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 26: North America Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 27: North America Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 28: North America Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 29: North America Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 30: North America Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 31: North America Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 32: North America Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 33: Latin America Market Value (USD Million) and Forecast, By Country, 2018 to 2022
Table 34: Latin America Market Value (USD Million) and Forecast, By Country, 2023 to 2033
Table 35: Latin America Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 36: Latin America Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 37: Latin America Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 38: Latin America Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 39: Latin America Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 40: Latin America Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 41: Latin America Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 42: Latin America Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 43: Latin America Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 44: Latin America Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 45: Latin America Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 46: Latin America Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 47: Latin America Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 48: Latin America Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 49: Europe Market Value (USD Million) and Forecast, By Country, 2018 to 2022
Table 50: Europe Market Value (USD Million) and Forecast, By Country, 2023 to 2033
Table 51: Europe Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 52: Europe Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 53: Europe Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 54: Europe Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 55: Europe Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 56: Europe Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 57: Europe Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 58: Europe Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 59: Europe Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 60: Europe Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 61: Europe Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 62: Europe Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 63: Europe Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 64: Europe Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 65: East Asia Market Value (USD Million) and Forecast, By Region, 2018 to 2022
Table 66: East Asia Market Value (USD Million) and Forecast, By Region, 2023 to 2033
Table 67: East Asia Market Volume (Units) and Forecast, By Region, 2018 to 2022
Table 68: East Asia Market Volume (Units) and Forecast, By Region, 2023 to 2033
Table 69: East Asia Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 70: East Asia Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 71: East Asia Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 72: East Asia Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 73: East Asia Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 74: East Asia Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 75: East Asia Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 76: East Asia Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 77: East Asia Market Value (USD Million) and Forecast, By Buyer Category, 2018 to 2022
Table 78: East Asia Market Value (USD Million) and Forecast, By Buyer Category, 2023 to 2033
Table 79: East Asia Market Volume (Units) and Forecast, By Buyer Category, 2018 to 2022
Table 80: East Asia Market Volume (Units) and Forecast, By Buyer Category, 2023 to 2033
Table 81: East Asia Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 82: East Asia Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 83: East Asia Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 84: East Asia Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 85: South Asia & Oceania Market Value (USD Million) and Forecast, By Country, 2018 to 2022
Table 86: South Asia & Oceania Market Value (USD Million) and Forecast, By Country, 2023 to 2033
Table 87: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 88: South Asia & Oceania Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 89: South Asia & Oceania Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 90: South Asia & Oceania Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 91: South Asia & Oceania Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 92: South Asia & Oceania Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 93: South Asia & Oceania Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 94: South Asia & Oceania Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 95: South Asia & Oceania Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 96: South Asia & Oceania Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 97: South Asia & Oceania Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 98: South Asia & Oceania Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 99: South Asia & Oceania Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 100: South Asia & Oceania Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
Table 101: Middle East & Africa Market Value (USD Million) and Forecast, By Country, 2018 to 2022
Table 102: Middle East & Africa Market Value (USD Million) and Forecast, By Country, 2023 to 2033
Table 103: Middle East & Africa Market Volume (Units) and Forecast, By Country, 2018 to 2022
Table 104: Middle East & Africa Market Volume (Units) and Forecast, By Country, 2023 to 2033
Table 105: Middle East & Africa Market Value (USD Million) and Forecast, By Payload, 2018 to 2022
Table 106: Middle East & Africa Market Value (USD Million) and Forecast, By Payload, 2023 to 2033
Table 107: Middle East & Africa Market Volume (Units) and Forecast, By Payload, 2018 to 2022
Table 108: Middle East & Africa Market Volume (Units) and Forecast, By Payload, 2023 to 2033
Table 109: Middle East & Africa Market Value (USD Million) and Forecast, By Drone Type, 2018 to 2022
Table 110: Middle East & Africa Market Value (USD Million) and Forecast, By Drone Type, 2023 to 2033
Table 111: Middle East & Africa Market Volume (Units) and Forecast, By Drone Type, 2018 to 2022
Table 112: Middle East & Africa Market Volume (Units) and Forecast, By Drone Type, 2023 to 2033
Table 113: Middle East & Africa Market Value (USD Million) and Forecast, By End Use Industry, 2018 to 2022
Table 114: Middle East & Africa Market Value (USD Million) and Forecast, By End Use Industry, 2023 to 2033
Table 115: Middle East & Africa Market Volume (Units) and Forecast, By End Use Industry, 2018 to 2022
Table 116: Middle East & Africa Market Volume (Units) and Forecast, By End Use Industry, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (‘000 Units) by Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 09. Global Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 10. Global Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 11. Global Market Attractiveness Analysis By Region, 2023 to 2033
Figure 12. Global Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 13. Global Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 14. Global Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 16. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 17. North America Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 18. North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 19. North America Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 20. North America Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 21. North America Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 22. North America Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 23. North America Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 24. North America Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 25. North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 26. North America Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 27. North America Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 28. North America Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 29. Latin America Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 30. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 31. Latin America Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 32. Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 33. Latin America Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 34. Latin America Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 35. Latin America Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 36. Latin America Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 37. Latin America Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 38. Latin America Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 39. Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40. Latin America Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 41. Latin America Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 42. Latin America Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 43. Europe Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 44. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 45. Europe Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 46. Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 47. Europe Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 48. Europe Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 49. Europe Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 50. Europe Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 51. Europe Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 52. Europe Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 53. Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 54. Europe Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 55. Europe Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 56. Europe Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 57. East Asia Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 58. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 59. East Asia Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 60. East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 61. East Asia Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 62. East Asia Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 63. East Asia Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 64. East Asia Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 65. East Asia Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 66. East Asia Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 67. East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 68. East Asia Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 69. East Asia Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 70. East Asia Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 71. South Asia & Oceania Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 72. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 73. South Asia & Oceania Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 74. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 75. South Asia & Oceania Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 76. South Asia & Oceania Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 77. South Asia & Oceania Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 78. South Asia & Oceania Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 79. South Asia & Oceania Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 80. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 81. South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 82. South Asia & Oceania Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 83. South Asia & Oceania Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 84. South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 85. Middle East & Africa Market Value (US$ million) and Volume (‘000 Units) Forecast, 2023 to 2033
Figure 86. Middle East & Africa Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 87. Middle East & Africa Market Value (US$ million) and Volume (‘000 Units) by Country, 2023 & 2033
Figure 88. Middle East & Africa Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 89. Middle East & Africa Market Value (US$ million) and Volume (‘000 Units) By Payload, 2023 & 2033
Figure 90. Middle East & Africa Market Y-o-Y Growth Rate By Payload, 2023 to 2033
Figure 91. Middle East & Africa Market Value (US$ million) and Volume (‘000 Units) By Drone Type, 2023 & 2033
Figure 92. Middle East & Africa Market Y-o-Y Growth Rate By Drone Type, 2023 to 2033
Figure 93. Middle East & Africa Market Value (US$ million) and Volume (‘000 Units) By End Use Industry, 2023 & 2033
Figure 94. Middle East & Africa Market Y-o-Y Growth Rate By End Use Industry, 2023 to 2033
Figure 95. Middle East & Africa Market Attractiveness Analysis By Country, 2023 to 2033
Figure 96. Middle East & Africa Market Attractiveness Analysis By Payload, 2023 to 2033
Figure 97. Middle East & Africa Market Attractiveness Analysis By Drone Type, 2023 to 2033
Figure 98. Middle East & Africa Market Attractiveness Analysis By End Use Industry, 2023 to 2033
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- FAQs -
What is the global octocopter drone market size?
The global octocopter drone market is currently valued at US$ 3,447.6 million in 2023.
Which regional market accounts for a leading market share?
North America leads the global octocopter drone market accounting for 30.1% market share in 2023.
Which octocopter drone payload holds the highest market share?
10-20 kg octocopter drone services accounts for 47.8% share of the global market in 2023.
How did the market perform over the past few years?
During 2023-2033, sales of octocopter drone will increase at 18.1% CAGR.
How is the market for octocopter drone expected to fare in the future?
Worldwide demand for octocopter drone is anticipated to reach US$ 18,197.8 million by 2033-end.