AP NEWS

UAV Payload and Subsystems Market 2018 - Global Industry Trends, Opportunity and Forecast to 2023 - ResearchAndMarkets.com

December 20, 2018

DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “UAV Payload and Subsystems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The global UAV payload and subsystems market reached a value of US$ 7.1 Billion in 2017. The market is further expected to reach a value of around US$ 10.8 Billion by 2023, exhibiting a CAGR of 7.2% during 2018-2023.

An Unnamed Ariel Vehicle, i.e. UAV, or a drone indispensably carries extra weight which is not included in the weight of the drone itself. This weight includes extra cameras, sensors or packages for delivery. Payloads which are required for business drones mainly include GPS, additional data telemetry, LiDAR etc.

With the advancement in technology, military sectors as well as commercial users are increasingly utilising drones to enhance their services and outputs. The size and weight of the payloads is decided by the weight of the drone. A heavier drone can carry big payloads. The demand of payload subsystems is increasing in parallel with the increasing popularity of drones.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global UAV Payload and Subsystems Market

6 Market Breakup by Type

7 Market Breakup by Subsystems

8 Market Breakup by Application

9 Market Breakup by Region

10 Competitive Landscape

AeroVironment Boeing Elbit Systems BAE Systems Northrop Grumman Corporation Harris Corporation CACI International Rheinmetall AG ThalesRaytheonSystems Lockheed Martin Corporation Israel Aerospace Industries General Dynamics Corporation GA-ASI Raytheon Textron Systems.

For more information about this report visit https://www.researchandmarkets.com/research/vtwbk8/uav_payload_and?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181220005254/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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

KEYWORD:

INDUSTRY KEYWORD: AEROSPACE MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/20/2018 05:13 AM/DISC: 12/20/2018 05:14 AM

http://www.businesswire.com/news/home/20181220005254/en

AP RADIO
Update hourly