The Europe Drone Motor Market would witness market growth of 13.9% CAGR during the forecast period (2022-2028).
Drones are frequently employed in the media & entertainment sector, agriculture, construction and mapping, distribution, and logistics. Depending on their intended end usage, drone motors should be different sizes and shapes. Players in the business are discovering that contemporary equipment and machinery, such as advanced drones, should be used instead of outdated traditional equipment as they observe the entire market and the demand for safe, clean, and speedy deliverables.
Advanced drone motors also have the additional benefit of boosting the drone's use, longevity, and effectiveness for the user. As drone businesses compete for market growth and share through aggressive price offerings, prices for accessories, motors, and software will continue to decline. The price of adopting drones will go down even further with continued development and increased drone autonomy in the gig, licensed economy, and drone operator numbers.
The demand for drones & drone motors will rise due to this. To reduce the number of hours that people must work and to make the most use of scarce human resources, drones have already entered some commercial sectors. Future commercial drone potential could lead to a significant expansion of drone-based logistics, with delivery systems for small, light items that are often transported the "final mile" in mind in particular.
The new Plan outlines how Europe may pursue extensive commercial drone operations while presenting fresh potential in the field. To bolster its armed forces and make up for equipment shortages, the United Kingdom has recently increased spending on defense. The defense industry, the competitive environment, and the military posture of the region are all being impacted by recent advancements in the European military UAV domain. Due to expanding risks to national security, the European defense establishment supports the new trend of military drones. The rising demand for drones across European nations is predicted to support the growth of the regional drone motor market in the upcoming years.
The Germany market dominated the Europe Drone Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $327.7 Million by 2028. The UK market is anticipated to grow at a CAGR of 12.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 14.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 