How do you estimate market size for a new drone component?

Question

Working on a TAM slide for a defense drone subsystem and not sure where to start with the data. Any good sources or approaches you've used?

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Anika Patel · Answer

For defense drone subsystems, I'd start with SIPRI arms trade data and then layer in reports from Frost & Sullivan or Mordor Intelligence to get baseline market figures. From there, cross-reference with DoD budget documents and SBIR/STTR award data to triangulate actual procurement spend on similar components. Bottom-up works really well here too — pull platform production volumes (like MQ-9 units per year) and multiply by estimated component attach rates.

How do you estimate market size for a new drone component?

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