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Tuesday, Dec 6, 2016


$1.61Bn SUAV Market Set To Grow Over Next Decade, Despite Regulatory Restrictions Hampering Growth In The Short Term

The wide variety of applications in which small UAVs can be deployed is growing every day, as this growth-platform finds new uses. The demand for small UAVs will be significant, with a wide and varied geographical spread. This growth is forecast to vary country-by-country and by design type. Understanding these dynamics – particularly the variations and intricacies the market produces – will be crucial to those seeking to invest in the small UAV market to maximum profit. Homeland security and defence applications are set to grow, particularly as payloads grow to enable collection of a wide variety of data (such as CBRN threats, facial recognition, military ISTAR sensors and others), as are data-collecting applications for research purposes. The use of small UAVs to replace manned tasks which risk life and limb reduces the liabilities associated with traditional inspection and detection techniques (patrolling, etc). The automation of small UAVs will also likely bring great cost and time savings for applications such as agricultural spraying, delivery of goods and many other applications.

The report, now available on ASDReports, has assessed that the small UAV market will reach $1.61bn in 2015

A detailed analysis of the latest political, economic and technological trends lies at the heart of the reports unparalleled quantitative and qualitative analysis of the Small Unmanned Aerial Vehicle (UAV) Market Forecast 2015-2025 report. This 513 page report provides a thorough quantitative and qualitative analysis of the global market, with 14 national markets each broken down by 6 applications submarkets, as well as by 6 small UAV design type submarkets providing 168 discrete market segments. 10 leading small UAV companies are also profiled in detail within this report, including analysis of financial performance and future outlook. These are alongside 541 tables and charts and detailed analysis of future trends, dynamics and shifts in the market. Political, economic, social and technological market dynamics are evaluated along with details of hundreds of contracts, programmes and requirements.

The report’s findings are reinforced by two exclusive interviews with a senior source from Textron Systems, a leading small UAV manufacturer and Aeryon Labs Inc.        

This 100,000+-word report also includes a detailed qualitative analysis of the strengths, weaknesses, opportunities and threats underpinning the market for the period 2015-2025. As such the report provides an unrivalled level of detail in its analysis of market trends and commercial prospects.

James Bingham, the defence analyst responsible for Small Unmanned Aerial Vehicle (UAV) Market Forecast 2015-2025: Micro, Mini & Nano UAVs for Military, Homeland Security, Law Enforcement, Industrial, Media, Agriculture & Scientific Applications report, summarised its findings:

“The small UAV market will register high levels of growth over the next ten years, producing year-on-year growth. However, the demand for small UAVs at a global level masks nuances and variance between national markets, as well as by application sector and design type. The forecast success of one design of small UAV can thus vary significantly between national markets, as well as between sectors. This report will provide a comprehensive analysis of every level of the market, as well as the driving factors propelling this dynamic and exciting opportunity for growth. The wide variety of applications in which small UAVs can be deployed is growing every day, as this growth-platform finds new uses. The demand for small UAVs will be significant, with a wide and varied geographical spread. This growth is forecast to vary country-by-country and by design type. Understanding these dynamics – particularly the variations and intricacies the market produces – will be crucial to those seeking to invest in the small UAV market”

The Small Unmanned Aerial Vehicle (UAV) Market Forecast 2015-2025: Micro, Mini & Nano UAVs for Military, Homeland Security, Law Enforcement, Industrial, Media, Agriculture & Scientific Applications is an invaluable reference offering extensive market analysis and evaluation of future commercial prospects.

Read more on ASDReports or Download Report Information

Source : ASDReports - Market Research - view original press release

Published on ASDNews: May 19, 2015

 

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