The Asia Pacific Drone Motor Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
The rising use of drones in filmmaking and educational institutions is also predicted by evolving technological innovation. Drone motor market growth will consequently be accelerated by these numerous commercial drone applications. Weight and size are the two most important characteristics of a drone and its motor. There are differences between tiny and large, or light & heavy, drones in every nation. A distinction between heavy and light drones, for instance, is made by the Dutch Human Transport and Environment Inspectorate.
Light-duty drones weigh less than 150 kg, and hefty ones weigh more than 150 kg. Creating lighter and more compact drone components for the general public is currently the main focus of drone development and the development of key components like the motor. Military & security applications for heavy drones are the most common. Furthermore, drone payload capacity is increased due to motors. In light of this, a significant transition from heavy to lighter drones can be observed. As a result, the producers in the drone motor market must alter their category characteristics and reference categories.
Recent regulations enacted by the Japanese government for drone manufacturers and users may benefit the country's drone industry in the future. The government has taken moves to build the nation's commercial drone industry and is planning to establish a uniform registry system by 2022 to expand drone use. In addition, the Civil Aviation Safety Authority (CASA), with the support of several local and international players, enacted favorable drone legislation in Australia that facilitates the incorporation of drones into several of these applications. This increased demand and production of drones in the Asia-Pacific region is anticipated to contribute to the growth of the drone motor market in the region.
The China market dominated the Asia Pacific Drone Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $487.4 Million by 2028. The Japan market is experiencing a CAGR of 14.4% during (2022 - 2028). Additionally, The India market would display a CAGR of 15.8% during (2022 - 2028).
Based on Motor Type, the market is segmented into Brushless and Brushed. Based on Drone Type, the market is segmented into Rotary Wing, Fixed Wing and Hybrid. Based on Power Type, the market is segmented into Above 100w, 51 to 100w and Below 50w. Based on Application, the market is segmented into Military, Construction, Entertainment, Agriculture and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Drone Motor Market is Projected to reach USD 5.5 Billion by 2028, at a CAGR of 14.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dr. Fritz Faulhaber GmbH & Co. KG, Nidec Corporation, Constar Micromotor Co., Ltd., Changzhou Fulling Motor Co., Ltd, KDE Direct, LLC, TAMAGAWA SEIKI Co.,Ltd., Jiangxi MAD motor components co., ltd, Neutronics Enterprises, Inc., Tiger Motor International Co., Ltd, and X-TEAM.
By Motor Type
By Drone Type
By Power Type
By Application
By Country
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