Unmanned Aerial Vehicle (UAV) Market to Exhibit a Staggering CAGR of 12.24%; Inc

Posted by Rushikesh Pise on January 10th, 2020

The global UAV market is expected to gain impetus from an increasing procurement of military UAVs by defense forces across the world. This information is published in a report by Fortune Business Insights, titled, “Unmanned Aerial Vehicle (UAV) Market Size, Share & Industry Analysis, By Application (Military, Commercial & Civil, Homeland Security, Consumers), By System (Airframe, Payload, Avionics, Propulsion), By Technology (Remotely Operated, Semi-Autonomous, Fully-Autonomous), By Class (Small UAVs, Tactical UAVs, Strategic UAVs, Special Purpose UAVs), By Type (Fixed-Wing UAVs, Multirotor UAVs, Single Rotor UAVs, Hybrid CTOL UAVs), MTOW, Range, and Regional Forecast, 2015-2026.”

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here


list of key companies mentioned in UAV Market report:

  •           3D Robotics
  •           AeroVironment
  •           AguaDrone
  •           Airbus
  •           Autel Robotics
  •           Boeing
  •           DJI
  •           EHang
  •           General Atomics
  •           Northrop Grumman
  •           Parrot
  •           Textron
  •           Yuneec International Co. Ltd.
  •           Kespry
  •           Insitu
  •           Lockheed Martin Corporation
  •           Delair
  •           CyPhy
  •           Dragonfly Innovations, Inc.
  •           Action Drone
  •           Hubsan

As per the report, the market is projected to reach USD 15.82 Billion by 2026, thereby exhibiting a CAGR of 12.24%. However, the UAV market size was valued at USD 3.82 Billion in 2015.

The report offers recommendations on robust strategies and guidelines for companies to enhance their positions in the market. Our team of highly skilled analysists have conducted extensive primary and secondary research to gather information for this report.

Therefore, the data provided is trustworthy and highly accurate. It further offers several insights, namely, the UAV market trends, growth drivers, hindrances, competitive landscape, key players, and challenges.


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Rushikesh Pise

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Rushikesh Pise
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