Drones are Widely Perceived as Gadgets of Utility, thereby fueling the Small Drone Market Growth

/EIN News/ — Rockville, Dec. 14, 2022 (GLOBE NEWSWIRE) — As per the latest industry analysis published by Fact.MR, the global small drone market is estimated to exceed US$ 5,193.5 million by the end of 2023, by growing at an impressive CAGR of 16.3% over the assessment period of 2023-2033.

Advancements in processing, sensor, and battery technology in the past few years have made the Unmanned Aerial System (UAS) smaller and more affordable. In particular, the readily available low-power, lightweight, low-cost sensor, based on micro-electromechanical system technology, fueled the development of UAS autopilot for military and civilian, academic research and leisure use.

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Small Unmanned Aerial Systems (UAS) have become the mainstay of modern…


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