Drones Market Report- Forecast 2027 Drones Market Report- Forecast 2027 P a g e | 1 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 Summary Drones or Unmanned Arial Vehicles (UAV) are a type of aircraft that is controlled by pilots remotely. These aircraft can be programmed for specific and critical missions. These drones provide ultimate accuracy and help to complete the mission with minimum error and lesser damage to human lives. Drones play very important role in the defense sector of any country, as it can give optimum result without loss of human life. Draganfly showcased the new drone for law enforcement agencies in US. Technological advancement in the defence sector is driving the market. Aurora Flight announced launch of world’s fastest 3D printed drone is ready for flight. This drones can reach speed of 150MPH. Some trends in the Drones Market include multirotor drones in nonmilitary applications for surveillance and photography, flight stability, and cost-benefit increasing the usage of rotary blade drones in commercial and consumer application. Furthermore, rising prominence of drones as risk mitigation tool fuels their adoption in nonmilitary sectors. Growing demand for aerial images and video in real estate, media & entertainment increases the growth of photography drones, and strong penetration of smartphones also fuels the interest in smartphone-controlled drones. However, lack of regulatory framework hampers the adoption of drones in the commercial sector. Draganfly showcased the new drones for law enforcement agencies in the U.S. General Atomics announced the acquisition of Miltec Corporation. Aurora flight announced the launch of world’s fastest 3D printed drone. These drones can reach up to a speed of 150 Mph. P a g e | 3 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 Major Key Players: The key players in the market of drone’s are- General Atomics (U.S.), Aurora Flight (U.S), AeroVironment Inc. (U.S.), BAE Systems PLC (U.K.), Denel Dynamics (South Africa), Draganfly (Canada), Elbit Systems Ltd. (Israel), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Northrop Grumman (U.S.), DJI (China) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Drones market. DJI expects its sales will reach RMB 18 billion ($2.7 billion) in 2017. Sales in 2016 increased by 65% year on year breaking the RMB 1 billion point. Consumer drones accounted for 80% of the profit. In 2018, DJI is planning on expanding its staff with special attention to the agriculture sector. The company has recently upped its stakes in the agricultural drone area by lowering the price of its drones by 12% P a g e | 4 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 Segmentation: On the basis of drones type, the market is segmented into commercial drones (fixed wing drones, VTOL drones), and military drones (small tactical unmanned aircraft system, medium altitude long endurance, high altitude long endurance, and unmanned combat air systems) On the basis of component, the market is segmented into sensor (motion sensor, light sensor, proximity sensor, temperature sensor, position sensor and others), controller system, camera (multispectral camera, thermal camera, lidar camera, and high resolution camera), navigation system (global positioning system and geographic information system), propulsion system, battery and others. On the basis of application, the market is segmented into inspection and monitoring, military application, law enforcement, precision cultivation, media and entertainment, surveying and mapping, personal, education among others. P a g e | 5 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 Regional Analysis: North America is dominating the market of Drones. The main reason behind this is investment of government in defence sector. Europe stands as second biggest market. PwC has launched a UK drone team as it eyes increasing demand from investors, local authorities and companies for real-time data that can be more easily obtained by unmanned flight systems than by humans. Asia-Pacific stands as third biggest market for Drones. UK firm building autonomous drone which will get you from Heathrow to central London in 12 minutes. The Shenzhen-based drone maker, DJI is currently the world’s top seller of consumer drones, with a global market share of 70% P a g e | 6 Copyright © 2017 Market Research Future.
Drones Market Report- Forecast 2027 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.