Global Drone Propulsion System Market (2018-2022) to Register a CAGR of Approx 20% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Global Drone Propulsion System Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The drone propulsion system market will register a CAGR of almost 20% by 2023.
The use of artificial intelligence (AI) for autonomous UAVs is likely to drive market growth
The next generation drones are envisioned to be powered by artificial intelligence. Aerial AI is capturing significant amounts of data on a real time basis, opening a new world for looking over complex physical structures and analyzing the captured data for defects.
Development of newer generation engines
Hydrogen fuel cells offer compelling value for UAVs due to improved reliability of small internal combustion engines that enhances safety and lowers maintenance operations. Thus, integration of new engines has propelled the demand for drone propulsion system market.
Small UAVs are required to be outfitted with greater mission autonomy to enable higher situational awareness. Thus, it is challenging for developers to integrate more sensor modules aboard a UAV system and still adhere to SWaP footprint of current propulsion systems.
The market appears to be fragmented and with the presence of several companies including DJI and Hirth Motors. Factors such as the development of newer generation engines and the use of artificial intelligence (AI) for autonomous UAVs, will provide considerable growth opportunities to drone propulsion system manufactures.
Key PlayersBallard Power Systems DJI Hirth Motors Orbital PBS Aerospace Rolls-Royce
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERSegmentation by end-user Comparison by end-user Military - Market size and forecast 2017-2022 Commercial and civil - Market size and forecast 2017-2022 Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Ballard Power Systems DJI Hirth Motors Orbital PBS Aerospace Rolls-Royce
For more information about this report visit https://www.researchandmarkets.com/research/87wglx/global_drone?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005347/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems
INDUSTRY KEYWORD: MANUFACTURING AEROSPACE OTHER MANUFACTURING DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/04/2019 10:28 AM/DISC: 01/04/2019 10:28 AM