Unmanned Aerial Vehicle Market Research Report, Share, and Forecast to 2025Posted by rekha on September 25th, 2019 The global unmanned aerial vehicle (UAV) market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors influencing the market growth include increasing use of UAVs in life-threatening military missions, growing applications of UAVs for various commercial purposes, emergence of alternative energy-powered UAVs, preference for indigenous military UAV development and growing acceptance of 3D printing technology. However, lack of proper air traffic management for UAVs, issues with political and social acceptability of UAVs and issues with safety and security of UAVs are some key factors hindering the market growth. Global unmanned aerial vehicle (UAV) market segmented on the basis of class, UAV type, mode of operation, Range, Mtow, point of sale, application and region. For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37475 Multirotor UAVs dominate the Global Unmanned Aerial Vehicle (UAV) Market Based on UAV type, global unmanned aerial vehicle (UAV) market segmented into fixed-wing UAVs, multirotor UAVs, single rotor UAVs and hybrid CTOL UAVs. Multirotor UAVs held considerable market growth during estimated period. Multirotors are the type of rotary-wing UAVs with fixed pitch wings and propellers. Since they are typically small in size with extreme agility and maneuverability, multirotors belong to micro aerial vehicles (MAVs). They are suitable for use in aerial photography, surveillance, infrastructure inspection, precise agricultural, search and rescue missions, delivery, and many other tasks. Multirotors have six degrees of freedom (DOF); it is assumed that the aircraft is symmetrical and rigid, and the only moving parts are rotors with the propellers connected to the rotor axis.The design and development of multirotors are constrained by the size, weight, and power consumption. Asia Pacific Leads the Global Unmanned Aerial Vehicle (UAV) market PBI’s global unmanned aerial vehicle (UAV) market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.Asia Pacific accounted for larger revenue share in global unmanned aerial vehicle (UAV) market with considerable CAGR. The growth in this region is due to increasing technological developments of drones, changes in regulations and expanding product application in commercial areas mainly in the field of filmmaking. In addition, the gaining of UAVs in the province is progressively growing, thus driving the growth of the UAV market in the region. Also, developing countries including China and South Korea have implemented surveillance system with the help of UAVs. Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players Global unmanned aerial vehicle (UAV) market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. Key player’s profiles in the report are DJI, Aerovironment Inc., BAE Systems, Northrop Grumman Corporation, Elbit Systems Ltd, General Atomics, Parrot Drones SA, Israel Aerospace Industries Ltd, hales SA, Airbus SE, Microdrones GmbH and The Boeing Company. Precision Business Insights (PBI) in its report titled “Global Unmanned Aerial Vehicle (UAV) Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Class o Small UAVs o Tactical UAVs o Strategic UAVs o Special Purpose UAVs By UAV Type o Fixed-Wing UAVs o Multirotor UAVs o Single Rotor UAVs o Hybrid CTOL UAVs By Mode of Operation o Remotely Operated UAVs o Semi-Autonomous UAVs o Fully-Autonomous UAVs By Range o Visual Line of Sight (VLOS) o Extended Visual Line of Sight (EVLOS) o Beyond Line of Sight (BLOS) By Mtow o <25 Kilograms o 25-150 Kilograms o >150 Kilograms By Point of Sale o Original Equipment Manufacturer (OEM) o Aftermarket By Application o Civil & Commercial o Consumer o Homeland Security o Military o Others By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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