Global UAV Market (2018-2022) is Projected to Register a CAGR of More Than 13% - Analysis on the Emergence of New Technologies & Platforms - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 6, 2018--The “Global UAV Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The UAV market is projected to register a CAGR of more than 13% by 2023.
The latest trend gaining momentum in the market is the development of alternate propulsion technologies for UAV. According to the report, one of the major drivers for this market is the emergence of new technologies and platforms. Further, the report states that one of the major factors hindering the growth of this market is the SWaP and bandwidth challenges.
The development of alternate propulsion technologies for UAV is likely to boost the UAV market growth. UAV manufacturers have realized the potential of alternative power source and are continuously involved in R&D to solve the existing problems such as low surface area to capture sunlight for sustainable flight.
Emergence of new technologies and platforms
The UAV market has witnessed the emergence of new technologies and platforms, which is helping the market grow. Powerful nations such as the US, Russia, and China are concentrating on the growth of sophisticated and powerful weapons that can accelerate the impact of enemy destruction using cost-efficient and reliable sources.
SWaP and bandwidth challenges
Congestion is being witnessed in certain frequency brands owing to the rapid growth in the number of wireless devices. The allocation of the dynamic frequencies of the spectrum becomes more difficult during conflicts or disaster.
Key PlayersDJI Elbit Systems General Atomics Insitu (Boeing) Northrop Grumman
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/9bwvzw/global_uav_market?w=4
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Related Topics:Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems
INDUSTRY KEYWORD: TRANSPORT AIR
SOURCE: Research and Markets
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PUB: 12/06/2018 03:03 PM/DISC: 12/06/2018 03:02 PM