Tuesday 3 September 2019

Global Commercial UAV Market Report | Industry Size, Share and Forecast To, 2025

The Commercial UAV Market report aims to address important aspects of the market such as overall market condition, products, and services. The report contains segmentation, regional analysis along with the key vendors involved in the market under the forecast timeline of 2018 to 2025. Based on historical facts and figure the report has briefly described market size, growth path, challenges, restraints, and opportunities. Also, the report has covered important recent developments undertaken which will give the ability to understand the target customer.

Commercial UAV (Unmanned Aerial Vehicle) is a powered, aerial vehicle that does not carry a human operator. It uses aerodynamic force to provide vehicle lift that can fly autonomously or be piloted remotely. It can be expendable or recoverable and can carry a lethal or nonlethal payload. Reduced risks associated with the usage of UAVs and technological innovations have created a demand for UAVs in performing complex operations, thereby reducing the need for human involvement.

The different types of commercial UAV’s available in the global market are fixed wing UAV, rotary blade UAV, nano UAV and hybrid UAV. UAV’s find their applications in government, energy sector, agriculture, media and entertainment and retail. The scarcity of trained pilots, security and safety concerns and air traffic management are the key factors that are a matter of concern for the growth of the UAV market.

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Increased applications of UAV’s have fueled the market growth in North America and Europe region. In addition, improved government initiatives are helping the growth of the UAV market in Asia Pacific and Latin America regions. Middle East and Africa are also contributing substantially to the overall UAV market.

The industry is highly competitive and is majorly driven by product and technology innovations. Major companies manufacturing UAV’s include BAE Systems, DJI, Elbit Systems, General Atomics, AeroVironment Inc., Parrot SA, Israel Aerospace Industries, Northrop Grumman, Lockheed Martin Corporation, The Boeing Company and Textron Inc. Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Commercial UAV Market Analysis By Product
5.Commercial UAV Market Analysis By Application
6.Commercial UAV Market Analysis By Region
7.Competitive Landscape Of Commercial UAV Companies
8.Company Profiles Of Commercial UAV Industry

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