report published by Infinium Global Research on unmanned aircraft system market
provides in-depth analysis of segments and sub-segments in the global as well
as regional unmanned aircraft system market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
unmanned aircraft system market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
global unmanned aircraft system market. According to the report, the global
unmanned aircraft system market is projected to grow at a CAGR of 19.14% over
the forecast period of 2019-2025.
aircraft system is the new component of the aviation system. This system is
based on the cutting edge developments in the aerospace technologies, offering
enhancement that is open for the commercial/civil applications. Unmanned
aircraft come in various sizes and shapes, also comes in different range from
small handheld to the large aircraft. Unmanned aerial vehicle (UAVs) is the
component of the unmanned aircraft system (UAS). This includes UAV, ground-based
controller and system communication between these two.
demand in the agriculture sector as used for the crop inspection and monitoring
is the driving factor for the global unmanned aircraft system market.
Increasing adoption of new technologies in the commercial sector in various
applications and growing its deployment for law enforcement and surveillance
boosting the growth of the global unmanned aircraft system market. On the other
hand, the unmanned aircraft system requires high capital of investment that may
hamper the growth of the global unmanned aircraft system market. Strict
government regulations regarding air traffic management are also one of the
restraining factors for the growth of the unmanned aircraft system market. The
automatic flight control system may create an opportunity for the market by
integrating the unmanned aircraft system into existing manned aircraft.
North America region dominates by the largest market share in the unmanned
aircraft system market due to the adoption of advanced technologies and
increasing demand for surveillance in the military and armed forces. The U.S is
accounted for the largest market share followed by Canada and Mexico. Moreover,
the Asia Pacific region expected to boost the growth of the unmanned aircraft
system market in the forecast period due to rising adoption of the unmanned
aircraft system in agriculture and forestry as well as increasing
utilization in commercial applications such as logistics and transportation
for monitoring. In Asia-Pacific, China holds the highest share followed by
Japan and India.
The report on
global unmanned aircraft system market covers segments such as size, and
application. On the basis of size, the sub-markets include small-medium, and
large. On the basis of application, the sub-markets include military &
defence, civil & commercial, agriculture, and other applications.
provides profiles of the companies in the market such as Lockheed Martin
Corporation, Northrop Grumman Corporation, 3D Robotics, Inc., AeroVironment,
Inc., The Boeing Company, Yamaha Motor Company Limited, Israel Aerospace
Industries, SZ DJI Technology Co., Ltd., Aeryon Labs Inc., Leptron Unmanned
Aircraft Systems, Inc., and Other Companies.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of unmanned aircraft system market. Moreover,
the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.