ACCESS Newswire
28 Jul 2020, 19:01 GMT+10
Drone motor manufacturers seek strategic contracts with corporations, local governments and armed forces to sustain revenues through sustainable sales programs.
ROCKVILLE, MD / ACCESSWIRE / July 28, 2020 / The global drone motor market is anticipated to expand exponentially with a 28.4% CAGR between 2020 and 2030. According to a recent Fact.MR report, the covid-19 pandemic has created a number of growth opportunities, as drone technologies have found roles in tracking and monitoring the spread of the contagion. However, the drone motors market is being held back in the short term by trade and supply chain restrictions arising during the lockdown period.
'The widespread use of drones as only toys or weapons, has limited the scope of market expansion. With growing investments towards commercial transport applications, and favorable changes to regulations drone motor manufacturers can potentially bolster revenues in the long term,' says the FACT.MR study.
Request a report sample to gain more market insights at
https://www.factmr.com/connectus/sample?flag=S&rep_id=1888
Drone Motor Market- Key Takeaways
Drone Motor Market- Driving Factors
Drone Motor Market- Key Restraints
COVID-19 Impact on Drone Motor Market
Drones are finding a wide range of roles during the covid-19 pandemic. Drone technologies are being used for crowd management, remote delivery of medication, disinfecting suspected areas, tracking potential patients, and disseminating critical information on the pandemic to the public. Consequently, the demand for drones and components such as motors has also gone up sharply. On the other hand, trade restrictions and suspension of production activities in many parts of the world will create a gap between demand and supply in the months to come, hurting short term prospects.
Explore the global Drone Motor Market with 205 figures, 70 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/1888/drone-motor-market
Competitive Landscape
FPV Model, Nidec Group, EMAX US Inc., Parrot Drone SAS, Hobbymate, Faulhaber Group, X-Team RC, Align Corp. Ltd., and Sunnysky Motors are some of the more prominent drone motors market players.
Participants in the drone motors market are pushing for strategic acquisitions, industry collaborations and production process improvements aimed towards widening product portfolios and customizing supplies for end users.
For example, Nidec Corp. has acquired CIMA S.p.A. for the development of new drone platform with an emphasis on motors for commercial, industrial and recreational applications. Parrot Drone SAS is collaborating with NEOTech to create drone prototypes for the US Army, including motor components. Linear Labs has introduced its stock of electric drone motors aimed towards small scale academic and recreational applications, including underwater marine uses.
About the Report
This study offers readers a comprehensive market forecast of the drone motors market. Global, regional and country-level analysis of the latest industry trends impacting the drone motors market is covered in this FACT.MR study. The report offers insights on the drone motors market on the basis of drone type (fixed wing, multi-rotor, single rotor, and fixed-wing hybrid), motor type (brushless DC motor, brush-fed motors) power (<50W, 50W to 200 W, and more than 200 W), drone category (commercial and consumer) and sales channel (OEM and aftermarket), across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
Explore FACT.MR's Comprehensive Coverage of Automotive Landscape
Drone Market- Get the latest insights on the Drone Market through FACT.MR's report covering exhaustive quantitative and qualitative analysis for 2019-2029.
Drone Batteries Market- FACT.MR's study on the Drone Batteries Market covers new trends, tech advancements, key players, and prominent strategies for the course of forecast period (2018-2028).
Drone Accessories Market- Obtain comprehensive analysis on the global Drone Accessories market through FACT.MR's latest report covering competitive analysis, key regions, along with segmental analysis for 2018-2028.
About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FACT.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the automotive sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.
Contact:
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: [email protected]
Web: https://www.factmr.com/
PR- https://www.factmr.com/media-release/1546/global-drone-motor-market
SOURCE: Fact.MR
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationNEW YORK CITY, New York: Bitcoin surged to a new all-time high this week, buoyed by growing institutional interest and a wave of pro-crypto...
SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...
LONDON/NEW YORK CITY: American grocery bills may be headed higher as coffee and orange juice prices face upward pressure from new tariffs...
BATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...