Global UAV Market 2016-2020 Examines Cost Effectiveness in Operation / Limited Endurance and Payload Capacity of Small UAVs / Growing Demand from Emerging Markets

Dublin, Feb. 12, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/d29ms5/global_uav_market) has announced the addition of the "Global UAV Market 2016-2020" report to their offering.

The global UAV market to grow at a CAGR of 10.16% during the period 2016-2020

The report, Global UAV Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

There has been a growing demand for small UAVs for civil, commercial, as well as military applications. In addition, there has been an increase in UAV R&D, which stimulates the spending on the market and provides improvements in the technology. Currently, the US leads the global market; however, there has been rising demand from the emerging markets as well, mainly from the Middle East and Asia.

According to the report, one of the drivers of the global UAV market is the cost effectiveness associated with UAVs to acquire and operate compared to manned aircraft and helicopters for the different military as well as commercial applications. Moreover, UAVs (mainly electrically powered) make comparatively low noise during flight, which makes them suitable for espionage. Furthermore, increased global UAV spending and demand for small UAVs, is driving the market growth.

Further, the report states that market vendors face certain challenges such as low endurance and limited flight range of UAVs (mainly the small electric-powered UAVs).

Key vendors

- AeroVironment
- Elbit Systems
- General Atomics
- Israel Aerospace Industries
- Northrop Grumman

Other prominent vendors

- Aeronautics
- Aeyron Labs
- Aibotix
- BAE Systems
- DJI
- Lockheed Martin
- Prox Dynamics

Key Topics Covered:

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Aerospace and defense supply chain system

PART 07: Aerospace and defense value chain system

PART 08: Market segmentation by application

PART 09: Market segmentation by UAV type

PART 10: Geographical segmentation

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/d29ms5/global_uav_market

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         Sector: Unmanned Aerial Vehicles (UAVs) - Drones