Global UAV Drones (Fixed Wing, Rotary Blade, Nano, Hybrid) Market 2015 - Analysis & Forecast to 2020

Dublin, Feb. 24, 2016 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/5pvbqq/uav_drones_market) has announced the addition of the "UAV Drones Market by Type (Fixed Wing, Rotary Blade, Nano, Hybrid), Application (Law Enforcement, Precision Agriculture, Media and Entertainment, Retail), & Geography (Americas, Europe, APAC, RoW) - Analysis & Forecast to 2020" report to their offering.

The global UAV drones market is expected to reach USD 5.59 Billion by 2020, and it is expected to grow at a CAGR of 32.22% between 2015 and 2020.

The scope of the report comprises the study of small unmanned aerial vehicles which weigh less than 55 pounds (under 25 kgs), including payload used for the various commercial and consumer applications. The report study is best suited for product manufacturers, technology solution providers, forums, alliances, and associations, technology investors among others.

The report focuses on the study of small UAV drones which are used for the commercial applications such as law enforcement/public safety, precision agriculture, media and entertainment, retail, inspection/monitoring, surveying/mapping, hobbyist and do-it-yourself (DIY), and education. Among all the commercial applications, precision agriculture application is expected to grow at the highest CAGR of 42.25% during the forecast period.

The report also segments the global UAV drones market by type and by geography. By type segmentation, drones comprises rotary blade, fixed wing, nano, and hybrid drones. Among such types, the rotary blade drones market held the largest market share in 2014, and it is expected to reach USD 4.93 Billion by 2020, growing at a CAGR of 31.42% between 2015 and 2020. Rotary blade drones are widely preferred by the professionals from the media and entertainment industry for video shooting and photography.

The growth of this market is propelled by increase in demand from the media and entertainment industry, adoption of drones for precision agriculture, and continuous technology additions are some of the significant growth drivers for the UAV drones market. However, the scarcity of trained pilots, security and safety concerns, and air traffic management are the key factors that are restraining the growth of the UAV market. In addition to this, the development of low cost, reliable, and highly automated commercial drones pose a key challenge for the industry players.

The UAV drones market is dominated by the key players such as DJI (China), Parrot S.A. (France), 3D Robotics Inc. (U.S.), PrecisionHawk (U.S.) among others.

Companies Mentioned

- 3D Robotics, Inc.
- Aerovironment, Inc.
- Airware, Inc.
- DJI
- Drone Deploy
- Hoovy LLC
- Parrot S.A.
- Precisionhawk
- Trimble UAS
- Vdos Global LLC

For more information visit http://www.researchandmarkets.com/research/5pvbqq/uav_drones_market

 


CONTACT: Research and Markets
         Laura Wood, Senior Manager
         press@researchandmarkets.com

         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

         U.S. Fax: 646-607-1907
         Fax (outside U.S.): +353-1-481-1716

         Sector: Agriculture, Legal, Unmanned Aerial Vehicles (UAVs) - Drones, Nanomaterials 

Primary Logo




Review Article Be the first to review this article
Featured Video
Jobs
Senior Structural Engineer for Wiss,Janney, Estner Assoicates, Inc at houston, Texas
BIM Manager for Eagle Point Software Corporation at Dubuque, Iowa
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
System Designer/Engineer for Bluewater at Southfield, Michigan
Upcoming Events
Bentley Institute Learn Conference for ProjectWise in London at Millennium Gloucester Hotel 4-18 Harrington Gardens Kensington, London United Kingdom - May 9 - 10, 2018
AEC Next Technology Expo + Conference & SPAR 3D Expo + Conference at Anaheim Convention Center Anaheim CA - Jun 5 - 7, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
Boston Lights 2018 at THE WESTIN BOSTON WATERFRONT 425 Summer Street Boston MA - Nov 13, 2018
Canon: oce crystalPoint
Bentley: Top 5 Reasons
AIA 2018
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise