Unmanned Aerial Vehicle (UAV) Market Report Forecast 2022-2031 | Size, Share, Industry Revenue, Demand & Applications, Business Opportunities with Covid-19 Impact, Revenue Growth Status

Posted on 2022-08-02 by Sandeep in Automotive // 0 Comments

New York, 2022-Aug-02 — /EPR Network/ — According to a new market research report published by Global Insight Services “Unmanned Aerial Vehicle (UAV) Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

An unmanned aerial vehicle (UAV), also known as a drone, is an aircraft without a human pilot on board. UAVs are a component of an unmanned aircraft system (UAS), which include a UAV, a ground-based controller, and a system of communications between the two. The flight of UAVs may operate with various degrees of autonomy: either under remote control by a human operator or autonomously by onboard computers.

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Key Players

AeroVironment, Inc.
Airbus S.A.S.
BAE Systems
DJI
Elbit Systems Ltd.
FLIR Systems Inc.
Lockheed Martin Corporation

Key Trends and Drivers

The following are some of the key trends that are currently shaping the market:

Increased demand for UAVs: There is a growing demand for UAVs from both the commercial and military sectors. This is being driven by the need for increased situational awareness and the ability to conduct operations in hostile or difficult to access environments.
Improved UAV technology: The technology used in UAVs is constantly improving, making them more reliable and capable. Newer UAVs are able to stay in the air for longer periods of time and carry heavier payloads.
Increased regulation: As the use of UAVs grows, so does the need for regulation. Governments are starting to put in place rules and regulations governing the use of UAVs in order to ensure safety and minimize the risk of accidents.
Growing commercial market: The commercial market for UAVs is growing rapidly as businesses look to capitalize on the many benefits they offer. UAVs are being used for a variety of tasks such as surveying, mapping, and delivery.

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Market Segments

By Type

Fixed Wing
Rotary Wing
Hybrid

By Application

Military & Defense
Civil & Commercial
Logistics & Transportation
Construction & Mining
Others

By Weight

Less Than 50 Kg
More Than 50 Kg

Reasons to buy Unmanned Aerial Vehicle (UAV) Market Report:

Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
Develop business and M&A strategies through understanding of latest trends and emerging players in the market
Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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