The analysts forecast global UAV market to grow at a CAGR of 10.16% during the period 2016-2020.
UAVs, commonly referred as drones, are flights without a human pilot aboard. These flights are controlled either autonomously, by an onboard computer, or by remote control from the ground or another vehicle. UAVs range from large-sized UAVs used for tactical missions that are powered by internal combustion engine to small electric-powered UAVs driven by electric motors.
These small electric-powered UAVs are primarily used for military and defense applications. In addition, there has been an increasing interest for civilian or commercial applications of UAVs such as aerial photography, agriculture, 3D mapping, and wildlife protection.Covered in this report
This report covers the present scenario and the growth prospects of the global UAV market for 2016-2020. The report provides a global overview of the market and the growth prospects by region (Americas, APAC, and EMEA).
The market is divided into the following segments based on application:
- Civil or commercial UAVs
- Military UAVs
This report, Global UAV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.
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- Elbit Systems
- General Atomics
- Israel Aerospace Industries
- Northrop Grumman
Other prominent vendors
- Aeyron Labs
- BAE Systems
- Lockheed Martin
- Prox Dynamics.
- Cost effective in operation
- Limited endurance and payload capacity of small UAVs
- Growing demand from emerging markets
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?
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