Europe Small Drone Market Size & Outlook, 2023-2030

The small drone market in Europe is expected to reach a projected revenue of US$ 6,788.6 million by 2030. A compound annual growth rate of 13.3% is expected of Europe small drone market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,833.8
Forecast, 2030 (US$M)
$6,788.6
CAGR, 2024 - 2030
13.3%
Report Coverage
Europe

Europe small drone market, 2018-2030 (US$M)

Europe
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Europe small drone market highlights

  • The Europe small drone market generated a revenue of USD 2,833.8 million in 2023.
  • The market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
  • In terms of segment, fixed-wing was the largest revenue generating type in 2023.
  • Fixed-Wing is the most lucrative type segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 2,833.8 million
Market revenue in 2030USD 6,788.6 million
Growth rate13.3% (CAGR from 2023 to 2030)
Largest segmentFixed-wing
Fastest growing segmentFixed-Wing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed-Wing
Key market players worldwideDJI, Parrot Drones, Teledyne Technologies Inc, Northrop Grumman Corporation, AeroVironment Inc, Draganfly Inc Ordinary Shares, EHang Holdings Ltd ADR, 3D Robotics, BAE Systems PLC, Autel Robotics, Yuneec, Skydio


Other key industry trends

  • In terms of revenue, Europe region accounted for 23.6% of the global small drone market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 1,589.4 million by 2030.

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Small Drone Market Scope

Small drone market segmentation & scope
Rotary
Hybrid
Application
Consumer
Commercial
Military
Government & Law Enforcement
Mode of Operation
Remotely Piloted
Partially Autonomous
Fully Autonomous
Maximum Take-Off Weight (MTOW)
<250g
250g to 2kg
2kg to 25kg
25kg to 150kg

Small Drone Market Companies

Name Profile # Employees HQ Website

Europe small drone market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to small drone market will help companies and investors design strategic landscapes.


Fixed-wing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe small drone market based on fixed-wing covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe small drone market databook

  • Our clientele includes a mix of small drone market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe small drone market , including forecasts for subscribers. This continent databook contains high-level insights into Europe small drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe small drone market

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