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UAV Drones Market Size study, by Type (Fixed Wing, Multi Rotor, Single Rotor, Hybrid), by Component (Hardware, Software), by Application (Military & Defense, Retail, Media & Entertainment, Personal, Agriculture, Industrial, Law Enforcement, Construction, Others)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global UAV Drones Industry valued approximately USD 16.38 billion in 2017 is anticipated to grow with a healthy growth rate of more than 18.34% over the forecast period 2019-2025. The UAV Drones Industry is continuously growing in the global scenario at significant pace. A drone is a flying robot that can be remotely controlled or fly autonomously through software-controlled flight plans in their embedded systems, working in conjunction with onboard sensors and GPS. In the recent past, UAVs were most often associated with the military, where they were used initially for anti-aircraft target practice, intelligence gathering and then, more controversially, as weapons platforms. Increasing investments in research & development activities, rising government initiatives, rising adoption in commercial sectors and recent technological advancements in unmanned aerial vehicle drones are the substantial driving factors of the Industry during the forecast period. Moreover, increasing adoption for military purpose and increased defense budgets of emerging economies are the factor that likely to creating lucrative opportunity in the near future. However, absence of defined legal regulations in several countries and limited availability of skilled professionals are the factor that limiting the Industry growth of UAV Drones during the forecast period.
The regional analysis of Global UAV Drones Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to increasing usage of UAVs border & maritime surveillance activities in the region. Europe is estimated to grow at stable growth rate in the global UAV Drones Industry over the upcoming years. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to rising demand from military & defense sector across the region.
The

UAV Drones Industry Share and Size by 2019-2025
Semiconductor & Electronics
UAV Drones Market Segmentation:
By Type:
* Fixed Wing
* Multi Rotor
* Single Rotor
* Hybrid

By Component:
* Hardware
* Software

By Application:
* Military & Defense
* Retail
* Media & Entertainment
* Personal
* Agriculture
* Industrial
* Law Enforcement
* Construction
* Others

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in UAV Drones Market are as follows:
3D Robotics Inc.
AeroVironment Inc.
Air ware
DJI
Drone Deploy
Northrop Grumman Corporation
Parrot SA
Precision Hawk Inc.
Sensefly SA
Yuneec International Co. Ltd.

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