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(Transportation-News.com, August 13, 2016 ) About UAV
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.
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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.
Technavios analysts forecast the global UAV market to grow at a CAGR of 10.16% during the period 2016-2020.
Covered in this report The 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
Technavio's report, Global UAV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
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The report also includes a discussion of the key vendors operating in this market.
Key vendors AeroVironment Elbit Systems General Atomics Israel Aerospace Industries Northrop Grumman
Other prominent vendors Aeronautics Aeyron Labs Aibotix BAE Systems DJI Lockheed Martin Prox Dynamics.
Market driver Cost effective in operation For a full, detailed list, view our report
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