The report, now available on ASDReports, recognizes the following companies as the key players in the Global Multirotor UAV Market: Aerovironment, Cyberhawk Innovations, DJI Innovations, Israel Aerospace Industries and Microdrones
Other Prominent Vendors in the market are: 3D Robotics, Aeryon Labs, Aibotix, Coptercam and Draganfly Innovations
Commenting on the report, an analyst said: “The introduction of Hycopter is shaking up the market. This UAV’s long-endurance surveillance capability is the result of the fact it operates on hydrogen fuel cells that utilize hydrogen tubes for power. Multirotor UAVs are now being used by law enforcement and firefighting personnel as well, due to their investigation and intelligence-gathering features. Also, the use of solar-powered UAVs is becoming a trend in the market.”
According to the report, the multirotor UAV market is constantly evolving, enabling industries such as the commercial wind turbine industry to make use of the technology’s advantages. In the commercial wind turbine industry, it aids in safe inspection without risking human life and offers cost-effective and easier methods to perform investigations on turbines. In addition, the introduction of UAVs in law enforcement divisions and their use in natural resource management are expected to drive the market.
Further, the report states that the increasing use of multirotor UAVs is also raising privacy concerns, which have created a stir among vendors and government bodies. Also, these UAVs are vulnerable to hackers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Nov 16, 2015