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Global Drone Motor Market to Grow 12X by 2030 end

Companies in the Drone Motor Market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the Drone Motor Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis.

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The global drone motor market was valued at US$ ~738 Mn in the year 2019 and is anticipated to surpass US$ ~7.3 Bn during the forecast period (2020-2030). Multi-rotor drones are projected to be the most lucrative, capturing more than three fourth of the overall demand pie in the global drone motors market. Various retail and logistics companies across the globe are formulating different ways of testing drone delivery services and drone delivery systems to solve the problem of “last mile” deliveries.

Presently, drones and robot deliveries are not as far-fetched as they seem and many companies are expected to eventually integrate these in the future, unlocking growth avenues for drone motor manufactures. However, the recent COVID-19 pandemic has negatively affected the growth of the drone motors market. Demand for drone motors is expected to witness a decline in 2020 on the back of the COVID-19 pandemic. The market for drone motors is forecast to witness a dexterous CAGR of 28.4%

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global drone motor market analysis and forecast by sales channel

Key Segments of the Drone Motor Market

Fact.MR’s study on the drone motor market offers information divided into four important segments— coverage pattern, source, range, and regional analysis. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Drone Type

Motor Type

Power

Drone Category

Sales Channel

Region

Fixed Wing

Brushless DC Motor

< 50W

Commercial

OEM

North America

Multi-Rotor

Brushless DC Motor

50W to 200W

Consumer

Aftermarket

Latin America

Single-Rotor

> 200W

Europe

Fixed-Wing Hybrid

East Asia

South Asia

Oceania

MEA

 

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“The ongoing spread of the COVID-19 pandemic across the globe will delay economic resurgence. Demand for drone motors is estimated to be impacted & foreseen to witness a sharp downfall amid COVID-19 pandemic. However, the market is set to regain traction by the end of the fourth quarter” says the Fact.MR analyst.

Strategic Acquisitions will Pave Way for Remunerative Opportunities

Some of the prominent players in the drone motors markets are: Nidec Group, Parrot Drone SAS, Faulhaber Group, Sunnysky Motors, Align Corp. Ltd, X-Team RC, Hobbymate, EMAX US Inc., FPV Model, among others. Prominent manufacturers are focusing on strategic acquisitions to strengthen their market foot-print and ensure that their production capacity meets increasing demand from healthcare and retail in the current pandemic.

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For instance, in 2019, Nidec Motor Corporation acquired a US-based company Roboteq Inc., to design & sell ULV drives. Nidec has endeavored to strengthen its presence in some key growth areas such as robotization, to become a global leader in the ULV market. In 2019, MicroMo Electronics Ltd. has been officially recognized as Faulhaber Micromo LLC and has become a fully integrated part of the Faulhaber drive system division. The company intends to enhance its product portfolio in the North American market.

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