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The rising security concerns and terrorist threats in India and the growing domestic crime rate around the country are the major factors responsible for the Indian unmanned aerial vehicle market growth. India recorded more than 3 million crime incidences in 2016, which have grown at a faster rate from 2.2 million incidences in 2015.
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India Unmanned Aerial Vehicle Market
This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.
Market Overview The market report offers a detailed analysis of the market size, country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of the leading players.
Market Drivers The rising security concerns and terrorist threats in India and the growing domestic crime rate around the country are the major factors responsible for the Indian unmanned aerial vehicle market growth. India recorded more than 3 million crime incidences in 2016, which have grown at a faster rate from 2.2 million incidences in 2015. This factor is encouraging the government to support the adoption of advanced technologies and devices to reduce the crime rate in the country. In addition to this, several initiatives and programs launched by the government, such as the “Make in India” program to encourage the manufacturing of products in India, is another factor that will energize the growth of the Indian unmanned aerial vehicle market size.
The growing application of unmanned aerial vehicles in various sectors, such as agriculture, product delivery, surveying & mapping, and other industries, is bringing numerous opportunities for the growth of the market in the coming years. In the ongoing coronavirus crisis, drones are playing an important role in combating this pandemic. The UAVs are being increasingly adopted by local authorities and government to provide different types of services, including disinfecting contaminated areas, managing crowds, delivering medical supplies, and essentials food products. The increasing usage of drones for different type of operations to decrease the physical contact between humans, thus minimizing the possibilities of spreading the COVID-19. However, the lack of proper air traffic management for UAVs and the limited amount of skilled & trained personnel to operate UAVs are likely to restrain the market’s growth.
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