Global UAV Market Poised to Grow at A CAGR Around 10% over the Period of 2020 – 2030

September 10, Market Research Future Research Report on Global UAV Market.

The global UAV market is expected to grow at a CAGR of around 10% from 2020 to 2030. The United States is leading the global UAV market; however the demand has increased from emerging nations such as EMEA and Asia Pacific in relation to growing defense spending to counter national security threat.

Growing demand for UAV, cost effectiveness, and easy accessibility are the drivers for global UAV market to acquire and operate in comparison to manned aircraft and helicopters. The challenges associated with the market are the low endurance and stringent regulation associated with civilian and commercial usage of UAVs.

Americas to dominate the Global UAV Market during the forecast period

The Americas UAV market is expected to reach USD 24.62 Billion by 2030, growing at a CAGR of around 10%. In 2015, The US is the global market leader of both UAV demand and as a manufacturer. It is the largest operator of UAVs globally as well. The United States remains the dominant player in the market due to its continuous effort to bring best in class technology and R&D on wide range of UAV programs. The major UAV manufacturers in the US are Lockheed Martin, General Atomics, Northrop Grumman, and AeroVironment.

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This report includes a study of strategies of major market players in the Global UAV Market include AeroVironment, Elbit Systems, Israel Aerospace Industries (IAI), Northrop Grumman. The other prominent vendor include Aeronautics Limited, Aeyron Labs, Aibotix, BAE Systems, DJI, Lockheed Martin and Prox Dynamics.

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global UAV Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same. 

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