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Global Small UAV Market to Grow at a CAGR of 6.52% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Small UAV Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 02/12/2016 -- Report forecast the global small UAV market to grow at a CAGR of 6.52% during the period 2016-2020.

Small UAVs are classified based on their size; they are small enough to be carried and operated by a single person. Small UAVs can be hand-launched, and can have vertical take-off and landing (VTOL), or short take-off and landing (STOL) capabilities. A majority of the small UAVs are either electric-powered or solar-powered. Some of them are also powered by fuel, which are mostly used for defense applications.

The report covers the present scenario and the growth prospects of the global small UAV market for 2016-2020. The report provides a global overview of the market and the growth prospects by region (Americas, APAC, and EMEA).

According to the report, one of the drivers of the global small UAV market is the growing demand for civil or commercial applications. Improvements in technology, and economical acquisition and operation have led to the rapid demand for commercial small UAVs. Commercial UAVs are used for surveying, scanning, aerial photography, 3D mapping, oil and gas pipeline monitoring, wind turbine blade inspection, real estate survey, and many other similar applications.

Further, the report states that small UAVs are used for defense applications, including ISR and spy missions. Therefore, with the ongoing defense budget cuts, especially in the US, and economic slowdown in Europe, it is expected that the demand for military small UAVs will decrease until 2020

Global Small UAV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Small UAV Market: AeroVironment, Elbit Systems, Israel Aerospace Industries, SAAB and Thales.

Other Prominent Vendors in the market are: Aeronautics Limited, Aeyron Labs, Aibotrix, BAE Systems, DJI, Lockheed Martin, and Prox Dynamics.

Market driver
- Demand for small UAVs from emerging markets
- For a full, detailed list, view our report

Market challenge
- Defense budget cut
- For a full, detailed list, view our report

Market trend
- Growing utilization of COTS components
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 39 Exhibit "Global Small UAV Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Aerospace and defense supply chain system, Aerospace and defense value chain system, Market segmentation by application, Market segmentation by UAV type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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