Small Drone Market To More Than Double By 2023

William Garvey Jessica A. Salerno Molly McMillin August 21, 2017

The worldwide small drone market is expected to grow to $14.71 billion by 2023 from $6.76 billion in 2016, a compound annual growth rate of 12.4%, according to Statistics MRC. The market research outfit says that growth is expected to be spurred by increasing demand in commercial applications and...

William Garvey

Bill was Editor-in-Chief of Business & Commercial Aviation from 2000 to 2020. During his stewardship, the monthly magazine received scores of awards for editorial excellence.

Jessica A. Salerno

Jessica is Executive Editor of Business & Commercial Aviation magazine. She started as Editor of ShowNews Online, Aviation Week's on-site trade show daily published at the Paris Air Show, NBAA Annual Convention, Singapore Air Show and at other significant aerospace gatherings.

Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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Small Drone Market To More Than Double By 2023

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