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  • Unmanned Aerial Vehicle (UAV) Market Witnessing Phenomenal Growth By 2025

     



    (Aviation-NewsWire.Com, April 18, 2019 ) The use of UAVs by the government agencies such as fire departments, police, emergency services etc. is constantly increasing. This could be used for various purpose including, search & rescue, crime scene analysis, traffic collision, reconstruction, surveillance, and crowd monitoring among others. Several countries are already using UAVs for law enforcement for instance, in 2016, the European Emergency Number Association and DJI started a project to train first responders in Europe. Also, New Whales police department has started using UAVs to fight against crime; Singapore police deployed UAV; as well as Boston police also bought several UAVs in 2017.

    The report focuses on an in-depth segmentation of Unmanned Aerial Vehicle (UAV) Market based by component, type and application. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By application segment, military & defense sector accounted for the largest share of the UAV market in 2016; whereas APAC region is expected to grow at the highest CAGR during the forecast period.

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    Top Leading key Players:-

    DJI
    Parrot SA
    3D Robotics, Inc.
    Yuneec International Co. Ltd.
    Airware
    AeroVironment, Inc.
    DroneDeploy
    Northrop Grumman Corporation
    PrecisionHawk Inc.
    senseFly SA

    The report aims to provide an overview of global Unmanned Aerial Vehicle (UAV) Market with detailed market segmentation. Also, it analyzes the current UAV market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the Unmanned Aerial Vehicle (UAV) Market report.

    North America is one of the prominent regions in Unmanned Aerial Vehicle (UAV) Market which is contributing highest revenue globally due to increasing budget for UAV by the military & defense of the country. Rapidly growing economies in Asia-Pacific (APAC) with significant growth agricultural sector will pave the path for increasing adoption and propel the market for UAVs.

    The APAC region is expected to grow with highest CAGR during the forecast period, with China contributing the major share. Furthermore, MEA region is also experiencing a significant growth attributed to increased implementation of UAVs in the military application of several countries. Also, commercial applications for UAVs are also increasing in the region such as use of UAVs in Africa’s agriculture segment and ‘taxi drones’ to be launched in Dubai.

    - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global UAV market
    - Highlights key business priorities in order to assist companies to realign their business strategies
    - The key findings and recommendations highlight crucial progressive industry trends in the global UAV market, thereby allowing players across the value chain to develop effective long-term strategies
    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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    About Us:
    The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

    The Insight Partners

    Sameer Joshi

    +1-646-491-9876

    sam@theinsightpartners.com

    Source: EmailWire.Com

    Source: EmailWire.com

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