Lewes, DE -- (SBWIRE) -- 10/13/2015 -- Report forecast the global UAV payload and subsystems market to grow at a CAGR of 7.98% over the period 2014-2019.

UAVs are aircraft controlled remotely by a pilot on the ground or by on-board computers. Payloads are one of the primary components of UAVs. These payloads are mounted below the UAVs and consist of various equipment depending on mission requirements. UAVs are being largely utilized in the military, civil, and commercial markets due to their low cost.

The report includes the present scenario and growth prospects of the global UAV payload and subsystems market for the period 2015-2019. The market can be segmented into five: radar, electro-optic, electronic warfare, C4I, and sonar.

Global UAV Payload and Subsystems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global UAV payload and subsystems market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

According to the report, the introduction and customization of UAVs in the commercial sector is increasing steadily because of advantages such as low operational cost and efficient time management. For example, monitoring pipelines continuously is essential in the oil and gas industry to ensure safe and effective operations. This can be performed with the help of digital cameras mounted on small UAVs.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global UAV Payload and Subsystems Market: AeroVironment, Boeing, Elbit Systems, Lockheed Martin and Northrop Grumman

Other Prominent Vendors in the market are: AAI, Alpha Unmanned Systems, BAE Systems, IAI, and Insitu Pacific.

Market driver
- Growing demand for UAVs
- For a full, detailed list, view our report

Market challenge
- Risk to individuals and property
- For a full, detailed list, view our report

Market trend
- Shift toward solar powered UAVs
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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?

Spanning over 59 pages "Global UAV Payload and Subsystems Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by payload, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-uav-payload-and-subsystems-market-2015-2019

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