Global Unmanned Aerial Vehicles Market Is Growing with a CAGR of 7.9 % from 2015 to 2022
The Global Unmanned Aerial Vehicle Market is accounted for $10.25 billion in 2015 and is expected to reach $17.41 billion by 2022 growing at a CAGR of 7.9% during the forecast period. Growing demand of UAVS for non-military applications and lessened risks associated with the use of unmanned aerial vehicle are the major factors fueling the market growth. On the other hand, strict airspace regulations and lack of track record usage are inhibiting the market. Implementation of sense & avoid...
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