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Global Uav Drones Market Essay

727 words - 3 pages

Bharatbook announces a report on “UAV Drones Market by Type, Payload, Application, Component, and Geography - Global Forecast to 2022”. Camera systems for UAVs include multispectral camera, thermal camera, LIDAR camera, and high-resolution camera, among others.

UAV drones market projected to grow at a CAGR of 19.99% between 2016 and 2022

The UAV market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 21.23 billion in 2022, at a CAGR of 19.99% between 2016 and 2022. The drivers for this market are rapid technological advancements in drones and the growing demand for drone-generated data in commercial ...view middle of the document...

Also, the countries in these regions are considering the use of military drones for intelligence, surveillance, and reconnaissance operations.

Breakdown of profile of primary participants:

• By Company Type: Tier 1 - 35 %, Tier 2 - 45%, and Tier 3 - 20%

• By Designation: C-level Executives - 35%, Directors - 25%, and Others - 40%

• By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW - 5%

The major players in the UAV drones market include Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), Aerovironment, Inc. (U.S.), Elbit systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), BAE Systems Plc (U.K.), Thales SA (France), Leonardo SpA (Italy), DJI (China), 3DR (U.S.), Flir Systems, Inc. (U.S.), Precision Hawk (U.S), among others.

Research Coverage

The study segments the UAV drones market on the basis of type into commercial and military drones. The drones have been segmented on the basis of payload into commercial drones (Up to 25 Kg) and military drones (Up to 150 Kg, Up to 600 Kg, and Above 600 Kg). The study covers commercial drone applications such as law enforcement, precision agriculture, media and entertainment, and inspection, among others. On the basis of components, the report...

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