Commercial Drones Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Albany, NY -- (SBWIRE) -- 11/28/2016 -- From law enforcing operations to conducting inspection over construction and building sites, unmanned aircrafts, also called drones, are making headlines in several tech bulletins. Drones can be put to use particularly in tasks that involve high risk to human life. To mention a few, surveillance and rescue, emergency response, high-altitude imaging, forest fire monitoring, flood mapping, product delivery, humanitarian aid, filming and photography, internet connectivity, and petroleum spill monitoring are the most crucial tasks performed by drones.
Transparency Market Research's (TMR) upcoming report, titled "Commercial Drones Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023", studies the factors influencing the demand for commercial drones. The report compiles exhaustive information relevant to the market and provides insights into the growth drivers and restrains that will impact the global commercial drones market in the near future.
In the past few years, drones have emerged as highly useful equipment to perform wide-ranging tasks such as environmental monitoring and mapping, soil moisture imaging, hyper spectral imaging, plume dispersion and tracking, aerosol source determination, and in-situ atmospheric monitoring.
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"Coupled with the rising demand from commercial sectors, the increasing adoption of drones for law enforcement tasks will bolster the commercial drones market," said a lead TMR analyst. "Moreover, with the introduction of the latest technologies to assure better data processing capabilities and improved design, the market for drones is likely to gain substantial impetus in the near future".
Recently, the global commercial drones market has also witnessed impressive returns from the advent of unmanned aircraft in filmmaking. These machines are capable of transferring high-resolution videos and data in real time to base stations – an attribute that has helped the commercial drones market capitalize on the thriving global film industry.
Despite witnessing impressive growth over the past few years, stringent government regulations enforced on the use of drones citing security issues are hampering the market's growth to an extent. Furthermore, the scarcity of trained pilots is also adversely impacting the market. Nevertheless, the increasing application of drones for law enforcement will boost the market's growth in the near future.
The market can be segmented based on product type into hybrid drones, nano drones, rotary blade drones, fixed wind drones, and others. In terms of technology, the global commercial drones market is classified into collision avoidance systems, automation systems, cyber-security and jamming, energy and propulsion systems, communication data links, radio frequency spectrum capacity, and on-board data processing. The upcoming TMR report on the commercial drones market covers every aspect influencing the market's growth across the aforementioned segments from the ground up.
Based on application, the TMR report studies the market in terms of demand arising from sectors such as media and entertainment, energy and power generation, law enforcement, scientific research, infrastructure, and agriculture. Of these, the law enforcement segment exhibits maximum potential for growth in the global commercial drones market.
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In order to present a holistic overview of the global commercial drones market, the upcoming report also includes an in-depth analysis on the market's competitive landscape. Profiles of companies such as Hoovy Llc, Israel Aerospace Industries Ltd. (Iai), Turkish Aerospace Industries, Inc., 3D Robotics, Boeing Corporation, and other are encompassed in the report as well.