Sales of Hexacopter To Top With US$ 29,038.3 Million by 2033: Fact.MR's Analysis


Hexacopter Market Size, Share & Industry Trends Analysis Report, By Drone Type (Consumer/Civil, Commercial, Military), By Application (Filming & Photography, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring, Others), By Payload

By rising at an amazing CAGR of 16.5% over the evaluation period of 2023–2033, it is predicted that the worldwide hexacopter market will surpass US$ 6,305.4 Million by the end of 2023. Six propellers make up a hexacopter, which has a longer flying time and greater payload carrying capability.

The hexacopter body is surrounded by a circle of propellers. The device can land safely on the ground thanks to limbs like a pair of legs on the underside. Because they feature six propellers instead of four, hexacopters can carry greater loads and fly farther than quadcopters.

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The hexacopter's six propellers give it a definite advantage. The remaining five propellers can maintain the plane in the air if any one of these fails. This shows that if one of the propeller motors fails, the drone won't crash and won't harm any attached equipment. The hexacopter will be unable to fly if two propellers malfunction, but it will make an effort to stay stable until it safely touches down.

Drones collect data more than 50 times faster than conventional methods. Because of widespread farms, a hexacopter drone with the right thermal camera can scan the entire facility faster than a person with a handheld thermal camera on the ground. Manual inspection of wind turbines is mostly done by climbing and taking pictures remotely. Instead of physical inspections that require risky activities such as climbing, other inspections through hexacopter drones can be used to eliminate hazards.

Key Takeaways from Study

  • Global hexacopter market is poised to expand at a CAGR of 16.5% reaching the valuation of US$ 29,038.3 Million by the end of 2033.
  • On the basis of drone type, the market is projected to dominate by military drone sub-segment, which is projected to account for 68.0% of the market share by 2023
  • By application segment, mapping & surveying is likely to account for 18.9% of revenue share in 2023.
  • North America region is expected to register a CAGR of 29.3% over the forecast period, to be valued at US$ 1,848.7 Million by 2023 end.

Market Development

Demand for hexacopters will witness an upward trend due to competitive prices of drones and increasing sales of drones. Various countries have adopted it for countless security applications owing to civil threat as well as cross border protection.

Therefore, hexacopters drone sales are estimated to increase in the long run. Additionally, there is a rapid increase in the adoption of drone kits in retail and logistics companies to provide the fastest product delivery to consumers. This will also increase the demand for hexacopters.

Key Companies Profiled Hexacopter Market-

  • Acecore Technologies
  • AirRobot
  • Ascending Technologies
  • ATYges Engineering
  • Aurelia Technologies Inc
  • AutoCopter Corporation
  • BLUE BEAR
  • Challenger Aerospace & Defense
  • Elistair
  • FalconViz
  • MikroKopter
  • RAD?CO
  • Shenzhen Keweitai Enterprise Development CO.,LTD
  • Vision Aerial, Inc.
  • Yuneec Holding Ltd.

Segmentation of Hexacopter Industry Research

  • By Payload :
    • Less Than 5 kg
    • 5-10 kg
    • Above 10 kg
  • By Drone Type :
    • Consumer / Civil
    • Commercial
    • Military
  • By Application :
    • Filming & Photography
    • Inspection & Maintenance
    • Mapping & Surveying
    • Precision Agriculture
    • Surveillance & Monitoring
    • Others
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia and Oceania
    • Middle East & Africa

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global hexacopter market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033. the study divulges essential insights on the market on the basis of payload (less than 5 kg, 5-10kg, more than 10 kg), drone type (consumer / civil, commercial, military) application (filming & photography, inspection & maintenance, mapping & surveying, precision agriculture, surveillance & monitoring, others) and across six major regions (North America, Latin America, Europe, East Asia, South Asia and Oceania, The Middle East & Africa).

The Hexacopter market report will improve the revenue impact of businesses in various industries by:

  • Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Hexacopter market
  • Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Hexacopter market and offers solutions
  • Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
  • Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
  • Helping leading companies make strategy recalibrations ahead of their competitors and peers
  • Offers insights into promising synergies for top players aiming to retain their leadership position in the Hexacopter market.

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Published in

Automotive

Published on

Jun 19, 2023

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