DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "UAV Drones Market by Type, Payload, Application, Component, and Geography - Global Forecast to 2022" report to their offering.
The global UAV drones market size is expected to increase to USD 21.23 Billion by 2022, at a CAGR of 19.99% between 2016 and 2022. The drivers for this market are rapid technological advancements in drones, growing demand for drone-generated data in commercial applications, increasing demand for drones in commercial applications, and rapid technological advancements in drones.
Among all the major applications of the commercial drones, the media and entertainment market for drones is expected to hold the largest share in 2016. The main driver for the growth of this application is the increase in the use of UAV drones by professionals to record videos and capture high-resolution pictures. The market for precision agriculture is expected to grow at the highest CAGR during the forecast period.
Of all the major applications of military drones, the border security market for drones is expected to hold the largest share in 2016. Drones help in capturing images and videos of smugglers and undocumented immigrants crossing borders. Predator drones can silently patrol borders looking for infiltrants, illegal immigrants, human traffickers, and drug cartels in isolated areas.
- Aerovironment, Inc.
- BAE Systems PLC
- Elbit Systems Ltd.
- Flir Systems, Inc.
- Israel Aerospace Industries Ltd.
- Leonardo Spa
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Parrot SA
- Thales SA
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 UAV Drones Market, By Type
8 UAV Drones Market, By Payload
9 UAV Drones, By Component
10 UAV Drones Market, By Application
11 UAV Drones Market, By Geography
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/dlvkqz/uav_drones_market