Global Unmanned Aerial Vehicle (UAV) Payload & Subsystems Market Analysis & Forecast, 2019 to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 12, 2019--
The “Unmanned Aerial Vehicle (UAV) Payload and Subsystems Market by Type and Geography - Global Forecast and Analysis 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The unmanned aerial vehicle (UAV) payload and subsystems market analysis considers sales from cameras and sensors, radar and communications, weaponry, and others. The analysis also considers the sales of unmanned aerial vehicle (UAV) payload and subsystems in APAC, Europe, North America, South America, and MEA.
In 2018, the cameras and sensors segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as miniaturization of imaging technology will play a significant role in the cameras and sensors segment to maintain its market position.
Also, the report look at factors such as advances in electronic warfare (EW), miniaturization of integrated sensors, enhanced application profile encouraging procurement, and innovative product offering.
However, SWaP-C constraints, vulnerability to cybersecurity threats, and dissimilar laws and regulations may hamper the growth of the unmanned aerial vehicle (UAV) payload and subsystems industry over the forecast period.
Enhanced application profile encouraging procurement
The enhanced capabilities of UAVs have led to their proliferation into the defense sector. The adoption of UAVs is enhancing the business value through the simplification of processes such as asset monitoring in widespread construction. Apart from the extensive applications of drones in the defense sector, they are increasingly being deployed for several commercial purposes such as aerial photography and video recording, survey, and documentation of wildlife.
The emergence of miniature drones has further led to the integration of the powerful optic capabilities that are useful for critical wildlife protection in terms of curbing poaching. This will lead to the expansion of the global unmanned aerial vehicle (UAV) payload and subsystems market at a CAGR of over 25% during the forecast period.
Use of artificial intelligence in autonomous UAVs
AI powers the new generation drones. Aerial AI has the capabilities to capture a large amount of data on a real-time basis. For example, automated UAVs can scan blades on wind turbines, detect defects on onboard AI models, and provide recommendations for maintenance. Such systems require advanced payload and a power source to operate efficiently for an extended period. Thus emergence of AI-enabled drones is expected to have a positive impact on the overall market growth.
With the presence of several major players, the global unmanned aerial vehicle (UAV) payload and subsystems market is fragmented. The robust vendor analysis is designed to help clients improve their market position and in line with this, therefore, this report provides a detailed analysis of several leading unmanned aerial vehicle (UAV) payload and subsystems manufacturers that include:
Also, the unmanned aerial vehicle (UAV) payload and subsystems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/vlnh5k
View source version on businesswire.com:https://www.businesswire.com/news/home/20190912005797/en/
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INDUSTRY KEYWORD: AEROSPACE MANUFACTURING OTHER TECHNOLOGY TECHNOLOGY
SOURCE: Research and Markets
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PUB: 09/12/2019 12:57 PM/DISC: 09/12/2019 12:57 PM