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Research delivers insight into the UAV drones market

Research delivers insight into the UAV drones market

Learn details of the Size - Industry Share Report 2022

- Agency -.

“UAV drones market projected to grow at a CAGR of 19.99% between 2016 and 2022.”

The UAV market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 21.23 billion in 2022, at a CAGR of 19.99% between 2016 and 2022.

The drivers for this market are rapid technological advancements in drones and the growing demand for drone-generated data in commercial applications. The main restraint for this market is social issues such as privacy and nuisance concerns.

- Agency -.

“Precision agriculture application for commercial drones is estimated to grow at the highest rate.”

The precision agriculture market for drones is expected to grow at the highest CAGR during the forecast period. Drones are useful for agricultural planners as they greatly reduce the time and cost required to conduct an accurate survey and offer real-time data collection, high resolution imagery of farmland, and are low cost in comparison with other related techniques.

“Camera component is estimated to hold the largest share of the market during the forecast period.”

Camera systems are used in UAVs for round-the-clock video monitoring, investigation, remote surveillance, border security, protection of critical infrastructure, thermo graphic inspection of inaccessible buildings, and firefighting & law enforcement jobs. Camera systems for UAVs include multispectral camera, thermal camera, LIDAR camera, and high-resolution camera, among others.

UAV Drones Market 

Breakdown of profile of primary participants:

  • By Company Type: Tier 1 - 35 %, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C-level Executives - 35%, Directors - 25%, and Others - 40%
  • By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW - 5%

Key players include:

13.1 Introduction

13.2 Northrop Grumman Corp.
13.2.1 Business Overview
13.2.2 Products Offered
13.2.3 Recent Developments
13.2.4 MnM View
13.2.4.1 SWOT Analysis

13.3 Elbit Systems Ltd.
13.3.1 Business Overview
13.3.2 Products Offered
13.3.3 Recent Developments

13.4 Israel Aerospace Industries Ltd.
13.4.1 Business Overview
13.4.2 Products Offered
13.4.3 Recent Developments

UAV Drones Market 

13.5 BAE Systems PLC
13.5.1 Business Overview
13.5.2 Products Offered
13.5.3 Recent Developments

13.6 Thales SA
13.6.1 Business Overview
13.6.2 Products Offered
13.6.3 Recent Developments
13.6.4 MnM View
13.6.4.1 SWOT Analysis

13.7 Lockheed Martin Corp.
13.7.1 Business Overview
13.7.2 Products Offered
13.7.3 Recent Developments
13.7.4 MnM View
13.7.4.1 SWOT Analysis

13.8 Leonardo Spa
13.9 Aerovironment, Inc.
13.10 DJI
13.11 3DR
13.12 Flir Systems, Inc.
13.13 Dronedeploy
13.14 Precisionhawk
13.15 Parrot SA

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.3 Introducing RT: Real Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports

Research Coverage:

The study segments the UAV drones market on the basis of type into commercial and military drones. The drones have been segmented on the basis of payload into commercial drones (Up to 25 Kg) and military drones (Up to 150 Kg, Up to 600 Kg, and Above 600 Kg).

The study covers commercial drone applications such as law enforcement, precision agriculture, media and entertainment, and inspection, among others. On the basis of components, the report segments the UAV drones market into components such as camera, battery, propulsion system, sensors, and navigation system, among others.

The report also forecasts the market size for various segments with regard to four main regions, namely, North America, Europe, Asia-Pacific, and RoW.

 

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