India UAV Drones MarketPosted by Sophia Jones on March 23rd, 2021 Market Reports on India Provides the Trending Market Research Report “India UAV Drones Market, By Type (Fixed Wing, High-Altitude Long Endurance (HALE), Unmanned Combat Aerial Vehicle (UCAV), Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (MALE) and Others), By Payload (0-25kg, 25-100 kg, 100-500kg, 500 Kg and above), By Equipment (Sensor, Camera), By Component (Hardware, Software and Accessories), By Application (Defence, Commercial, Industrial, Agriculture, Entertainment and Others), Forecast & Opportunities, FY2026” under Media & Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. India UAV Drones Market is expected to reach USD1,810 million by FY2026 growing at a CAGR of 14.61%, owing to the rapid technological advancements and growing need for advanced security systems. With increasing Drone penetration in the defense systems of India, the need for border security concerns and healthcare requirements is creating numerous growth opportunities for the UAV Drones market in India. The end users are progressively receiving diverse type of Drones, for example, Fixed Wing, HALE, MALE, UCAV to confirm their identity along with increasing initiatives of The Government of India in broadly utilizing Drones in different activities like defense, entertainment, industrial, agriculture and commercial uses which in turn is straightforwardly pushing the demand for the market over the coming years. UAV Drones market can be segmented based on the type, end user, component, and region. Based on type, the market can be segmented into Fixed Wing HALE MALE and UCAV. MALE type is expected to lead the market owing to its increasing demand from the Defense and Industrial sectors, followed by Fixed Wing devices. MALE has enhanced capturing images, recording videos, delivering objects, etc., making it dominant in the market. Moreover, the increasing demand for Drones from various entertainment, end-use industries, residential complex, the healthcare sector is predicted to drive the demand for UAV Drones during the forecast period. Some of the players in the India UAV Drones market include Idea forge Technology Pvt Limited, Asteria Aerospace Pvt Ltd, Detect Technologies Pvt Ltd, Aarav Unmanned Systems Pvt Ltd, Edal Systems and Services Limited and others. The companies operating in the market are focusing on expansion and collaborations to increase their share in the market. Years considered for this report: Objective of the Study: •To estimate and forecast the market size of the India UAV Drones market from FY2021 to FY2026 and growth rate until FY2026. •To define, classify and forecast India UAV Drones market based on type, end user, region, component, and company. •To scrutinize the detailed market segmentation and forecast the market size, in terms of value, and based on end use sector by segmenting India UAV Drones market into six sectors, namely, defense, entertainment, commercial, agricultural, industrial and others (photography, blogging etc.). •To analyze and forecast the market size, in terms of technology types with respect to key types such as Fixed Wing, HALE, MALE, UCAV. •To identify the drivers and challenges for the India UAV Drones market. •To strategically profile leading players in the market which are driving the innovation and technological advancements in India UAV Drones market. Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of Drone manufacturers across India. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe. Our Research calculated+E1 India UAV Drones Market size using a top-down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, and end users. The study would also help them in identifying which market segments should be targeted over the coming years to strategize investments and capitalize on growth of the market. Report Scope: •Market, By Type: •Market, By End User: •Market, By Region: •Market, By Payload: •Market, By Equipment: •Market, By Component: Competitive Landscape Available Customizations: Company Information Browse our full report with Table of Content : About Market Reports on India: Contact us at: Like it? Share it!More by this author |