The objectives of the report include the forecast of the UAV drones market size in terms of value and volume for military and commercial drones. Further, it includes the detailed information regarding the drivers of the UAV drones market such as increase in venture funding, rise in demand for drone-generated data in commercial applications, and rapid technological advancements.
Pune, India -- (SBWIRE) -- 04/24/2018 -- The Global Commercial UAV Market to Grow steadily at a CAGR of +18% during the forecast period.
Consumers, professionals, and industries are now trying to reach out the technological medium which requires the least human inspection and which works in an automatic manner. One of such medium is Unmanned Aerial Vehicle (UAV), also called as drones. This technology has revolutionized the industry sectors such as Media & Entertainment, Energy, Oil & Gas, Pipeline, Mining, Agriculture, Architecture and Construction in the past few years. It has also helped the government sector in security & surveillance, police investigation, and traffic management. Drone technology is being used for fighting wildfires by NASA and the Forest Service in the US. Some police departments are also testing UAVs for uses such as photographing accident sites and tracking criminals.
This market report is a thorough analysis of the existing situation and the anticipated condition for Commercial UAV market. Investigation for gathering the content for this report is done in depth and meticulously. Present scenarios, past progress, global recognition and future prospects of Commercial UAV market is offered in this report. Main strategies, market shares, products of the companies and investments in market is also mentioned in detail.
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Companies Profiled in this report includes, DJI, PARROT, 3D Robotics, AscTec, Microdrones, XAIRCRAFT, Xiaomi, ZERO TECH, Ewatt, Ehang, CybAero AB, AEE, CEEWA, PowerVision Robot, Flytrex Sky, and others.
However, stringent government regulations on the use of commercial use of drones and security and privacy issues are hindering the growth of the market. Civil drones which are used for non-military purposes brings vulnerability to cyber-attack and misuse by criminals. It utilizes the unencrypted data links for control, navigation and command. Due to this, hackers have attempted to intercept, jam and manipulate drone controls for exploitation. The commercial UAV industry is experiencing a phase of expansion with new trends and technologies taking a hold of the market, revolving around data. These include artificial intelligence powered UAVs and drone data, which enterprises access for making feasible and informed decisions. commercial UAVs systems are complex and therefore, machine learning and AI are used to study and understand the data to provide quick analysis and insights, as data alone is not enough to provide solutions.
Various segments of the Global Commercial UAV Market have also been examined in this research study, taking their current and their past performance in consideration, in an effort to find out the growth prospect of each of the segments and of the entire market in general. The worldwide market has been broadly assessed on the basis of the type and the application in this research report.
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The analysis of the manufacturing cost structure of the international market has been performed based on key aspects such as industry chain structure, manufacturing process, raw materials, and their suppliers. The report provides both, qualitative and quantitative research of the market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. The report's conclusion reveals the overall scope of the Global Commercial UAV Market in terms of feasibility of investments in the various segments of the market, along with a descriptive passage that outlines the feasibility of new projects that might succeed in the market in the near future.
To conclude, contemplation of the noteworthy enactment of the Global Commercial UAV Market is driven by various analysis tools and wide-ranging research reports. Citations are engaged to mount clear results and validate them.
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Table of Contents
Global Commercial UAV Market Research Report
Chapter 1 Global Commercial UAV Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast