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Global UAVs Market - Growth, Trends and Forecasts (2018-2023) - Research and Markets
[October 13, 2017]

Global UAVs Market - Growth, Trends and Forecasts (2018-2023) - Research and Markets

The "Global UAVs Market - Growth, Trends and Forecasts (2018-2023)" report has been added to Research and Markets' offering.

A UAV (Unmanned Aerial Vehicles) is a small pilotless aircraft, which is either controlled by a remote or an app. These vehicles use aerodynamic forces to navigate and perform desired functions. Drones can reach, travel, and traverse areas and facilitate ease of operations in areas where it is arduous for humans to maneuver. They are used to carry small payloads, perform delivery and minor services, carry video and static cameras for photography and videography, and perform commercial and military surveillance and operations.

Military expenditure is the primary driving factor of the global UAV market. UAVs have the capability of reducing collateral damage while hovering, searching, identifying, and striking targets, which makes them an asset for the military. Other factors that fuel the growth of the UAV (Unmanned Aerial Vehicle) market are growing demand for UAVs for commercal applications, advancements in technologies of drone payloads, contentiousness of automation, particularly, in the United States, the Middle-East, and Asia-Pacific, and increasing defense budgets of the emerging economies.

North America dominates the global UAV market, owing to the increased UAV application in military, homeland security, and commercial areas. Asia-Pacific is expected to register the highest CAGR during 2017-2022 (the forecast period). Instability due to internal political tensions, rising trend of automation, and globalization in the region are the main factors fueling the growth of the APAC UAV market.

Companies Mentioned

  • Dji Innovations
  • Aerovironment Inc.
  • Bae Systems
  • Cybaero Ab
  • 3D Robotics
  • Dassault Aviation
  • Elbit Systems Ltd.
  • General Atomics
  • Lockheed Martin (News - Alert) Corporation
  • Northrop Grumman
  • Parrot
  • Israel Aerospace Industries
  • Thales Sa
  • Airbus Group
  • Finmeccanica
  • Microdrones
  • Boeing (News - Alert)

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview & Trends

4. Market Dynamics

5. Global UAVs Market, Segmented By UAV Type

6. Global UAVs Market, Segmented By Application

7. Global UAVs Market, Segmented By Geography

8. Competitive Landscape

9. Key Vendor Analysis

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