Pune, Maharashtra -- (SBWIRE) -- 04/20/2017 -- Market Synopsis of Small UAV Market
The global small UAV market is expected to to grow at a CAGR of around 7%. The growing demand of UAVs in civil and commercial application, increased procurement of military UVAs globally are the major drivers of the market. Technological innovation, economical acquisition and operation have led to the rapid growth of commercial small UAVs market.
Global Small UAV Market is segmented as:
-By Types (Micro UAV and Mini UAV)
-By Applications (Civil & Commercial and Military & Defense)
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The leading market players in the global small UAV market primarily include
-Israel Aerospace Industries Ltd.,
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-By 2021, Civil and Commercial application market would have around 45% of market share
-Demand for small UAVs is rapidly increasing from emerging and developing nations to counter national security threat
-China is the major driving market for small UAV. It is anticipated to grow parallel with China's commitment of growing utilization of unmanned systems, particularly for military applications
-Asia Pacific will register the maximum growth during the forecast period, followed by Americas and EMEA
Study Objectives of Small UAV Market
-To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Small UAV Market
-To provide insights about factors affecting the market growth
-To analyse the Global Small UAV Market based on various factors- price analysis, supply chain analysis, porter's five force analysis etc.
-To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
The reports also cover country level analysis:
America (NORTH & LATIN)
-Rest of Europe
Asia – Pacific
-Rest of Asia-Pacific
Middle East & Africa
-Rest of Middle East & Africa
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