DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "UAV Drones Market - Analysis & Forecast to 2020" report to their offering.
The global UAV drones market is estimated to grow at a CAGR of 32.22% to reach USD 5.59 Billion by 2020.
The UAV drones have been evolving over the years with improved design, significant operating ranges and tenure, and better data-processing capabilities. They can process high-resolution videos and images and other surveillance data in real-time. The various applications of UAV drones not only help the end user save big in terms of cost and time of operation but also mitigate the risk of human involvement. Currently, the UAV drones are widely preferred by the professionals from the media and entertainment industry for high-definition video recording and still 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.
In the Americas, the U.S. was the largest country in terms of market share for the UAV drones market. During the forecast period, the APAC market is estimated to grow at the highest CAGR of 37.74% between 2015 and 2020.
Companies Profiled:
- 3D Robotics, Inc.
- Aerovironment, Inc.
- Airware, Inc.
- DJI
- Drone Deploy
- Hoovy LLC
- Parrot S.A.
- Precisionhawk
- Trimble UAS
- Vdos Global LLC
Report Structure:
1 Introduction
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 Application
9 UAV Drones Market, By Geography
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/t7pjpl/uav_drones_market
