MarketResearchReports.Biz has announced addition of new report “Global Drones Market: Trends And Opportunities (2016-2020)” to its database.
Albany, NY -- (SBWIRE) -- 03/30/2016 -- MarketResearchReports.biz has announced the addition of the "Global Drones Market: Trends And Opportunities (2016-2020)" report to its offering. The report contains a detailed analysis of market share, size, driving forces and restraints. A regional analysis and profiles of leading companies in the market have been included to offer readers a competitive edge. The report assesses the key opportunities in the market and forecasts an upsurge in the drones market owing to rising crime rates.
Drones are front-end video surveillance systems that are finding wide-ranging uses in monitoring people or places in order to prevent or detect crime. Drones are aircraft without human pilots, guided by remote pilots. Though they were initially developed for military use, of late they are increasingly used for civil protection, disaster management, search and rescue operations, law enforcement and surveillance, and journalism, to name a few. The rising applications of drones outside of the military sector are driving the global drones market. The market witnessed significant growth in 2015 as compared to the preceding years on account of rapid urbanization, rising incidences of thefts and burglaries, increasing population, increasing crimes, and the development of smart cities.
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Although the global drones market is currently at a nascent stage, the market is anticipated to rise significantly in the next five years from 2016 to 2020. Major growth drivers of the market include the expansion of the civil drones market, technological advancement and innovations, intelligence gathering needs, rise in internal and external threats, and surveillance and reconnaissance. On the other hand, privacy issues, legal and regulatory policies, high costs, spectrum allocation, and the integration of UAS in national airspace are likely to inhibit and challenge the global drones market.
The report contains a detailed coverage of the market in the Asia Pacific, Europe, North America, Middle East, Africa, and Latin America regions. The growth of the overall market is forecast for the period 2016 to 2020, taking into considerations factors such as past growth patterns, present trends and growth drivers.
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For the purpose of facilitating a detailed understanding, the global drones market has been segmented on the basis of types, applications, and geography. Types of drones studied in the report are: large fixed-wing aircraft, small-fixed wing aircraft, micro UAVs, biometric UAVs, and blimps/ balloons. The application segment includes the public sector, private sector, and recreational activities.
A SWOT analysis for the commercial and civil drones market is given in the report. Business strategies, financial overview, and business overview of leading companies in the market are presented in the report. This enables an interested individual or an enterprise wishing to be a part of the drones market, to understand the trends and make informed and timely decisions. Key companies analyzed in the report are: DJI Innovations, AeroVironment, and 3D Robotics.
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