The Report UAVs/Drones Market 2016-2025: Worldwide Analysis, Risk Assessment, Trend Outlook and Business Strategy gives a detailed analysis of the global drones market. The report is based on a comprehensive research study of the military and commercial drones market by analyzing the entire worldwide market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium information sources with inputs derived from industry professionals across the value chain. The top players in the global market include 3D Robotics (US), Aeronautics Ltd. (Israel), AeroVironment, Inc. (US), Aeryon Labs (Canada), AgEagle Aerial Systems Inc. (US), Agribotix LLC (US), Aibotix GmbH (Germany), Airware, Inc. (US), Alibaba Group Holding Limited (China), Amazon (US), Draganfly Innovations (Canada), Dreamhammer, Inc. (US), DroneDeploy (U.S.), Eagle UAV Services (U.S.), EHANG, Inc. (China), Elbit Systems (Israel), Facebook (US), Flirtey (US), URSULA Agriculture (U.K.), Walkera (China), Yamaha Motor Co., Ltd. (Japan), Yuneec International (China) to name a few.
Drones have been used for years for different purposes. They have become more popular in the recent days due to increasing applicability in various fields. Drones are unmanned aerial vehicles (UAVs) which are controlled by remotes and are pilotless. They are the most celebrated technological advancement of today’s times even after taking into account automation, robotics and electronics since they are unmanned. Many drones are equipped with additional equipment like cameras, GPS guided missiles, navigation systems, sensors and so on. They come in various ranges, sizes and functions. Drones are customised based on the industry in which they serve but they all have the common features of waterproof motor frames, flight and motor controllers, motors, transmitters, propellers and batteries. Drones are ultra-stable and can perform different acrobatics in the air. They can be flown beyond the eye sight but they are likely to be prone to hurting someone, crashing or damaging properties.
The market for drones will see maximum growth in the commercial segment and not in military segment as per the preconceptions. Drones have been helpful in enhancing data analytics and operating performances by cutting costs and time. They are expected to generate new revenues and new business models. Insurance, journalism and agriculture are expected to see the most of growth. Personal drones have the largest market share. Other industries where drones are likely to have more growth are infrastructure and transportation. Segment wise, the services that operate and manage drones for companies will generate most of the value since manufacturing and production of drones have become more affordable.
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Ankur Gupta, Head Marketing & Communications