MEA Small UAV Industry Overview
The market is moderately fragmented in nature due to the presence of several players holding significant shares in the market. Some of the few prominent players in the Middle East and African small UAV market are Israel Aerospace Industries, Elbit Systems Ltd, DJI, Northrop Grumman Corporation, and Textron Inc. The growing commercial applications of small drones have led to new players entering the market. The manufacturers are introducing new UAV models to support commercial and military applications.
For instance, in December 2022, DJI launched a drone for photography applications, DJI Mini 3, a compact, ultra-lightweight camera drone weighing less than 249 grams. In addition, the UAV manufacturing companies are collaborating with the service providers to further increase the drone-based services in this region. In previous years, Eniverse Technologies, Fetchr, and Skycart entered a partnership to develop an autonomous drone delivery service in the Middle East. Such initiatives by the UAV companies may help in garnering collective investments in new technologies, thus propelling the growth of the market.
MEA Small UAV Market Leaders
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Israel Aerospace Industries
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Elbit Systems
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DJI
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Northrop Grumman Corporation
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Textron Systems
- *Disclaimer: Major Players sorted in no particular order
