Unmanned Aircraft System Market Poised to Achieve Significant Growth by 2026

Worldwide Market Reports added Latest Research Report titled “Unmanned Aircraft System Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026" to its Large Report database.

Unmanned Aircraft System (UAS) are also called as drones, Remotely Piloted Aircraft Systems (RPAS), Unmanned Aerial Vehicles (UAV), Model Aircraft, and Radio Controlled Aircraft. It is a type of aircraft, which is controlled from an operator on the ground without a human pilot. Unmanned Aircraft Systems (UAS) are new and evolutionary component of the aviation system, offering several opportunities. Unmanned aircraft come are avaible in variety of shapes and sizes, ranging from small handheld types up to large aircraft, potentially a similar size to airliners. They may be of a fixed wing design, rotary winged, or a combination of both. There are three types of unmanned aircraft, which include recreational, commercial and private/non-commercial vehicles.

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UAS has applications in aerospace, military, construction, agriculture, survey of oil, gas, and mineral exploration, and disaster relief. Increasing adoption of UAS for various applications is a major factor driving growth of the unmanned aircraft system market. However, Drones have restricted entry in military facilities that are conducting experimentation and active military training inside camps. Concerns regarding drones that affects user’s navigation routine is the major factor restraining growth of the unmanned aircraft system market.

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Key Developments of Unmanned Aircraft System Market

In May 2018, Insitu, a wholly-owned subsidiary of The Boeing Company, showcased ScanEagle at AUVSI’s Xponential show. ScanEagle3 is designed to provide customers with the optimum combination of payload, endurance, mobility and cost to support a wide range of business and operation needs. Furthermore, in April 2018, the U.S. Army was reported to demonstrate launching an unmanned aircraft system from a rotary-wing platform in 2018. The service has selected the ALTIUS, the Air-Launched, Tube-Integrated Unmanned System, to launch from a rotary-wing test aircraft — possibly a UH-60 Black Hawk — in the late summer/early fall time frame. Moreover in 2018, DataPath, Inc., a leading provider of remote communications and information technology solutions to the aerospace, broadcast, government, and critical infrastructure markets, announced a new line of certified satellite solutions for the unmanned aircraft systems (UAS) market. The specialized solutions span DataPath's broad capabilities, including large ground stations, portable terminals, expert field support services, and end-to-end network management software. Major players operating in unmanned aircraft system market include Lockheed Martin, Northrop Grumman, Boeing, Da-Jiang, Parrot SA, 3D Robotics, AeroVironment, Xaircraft, and AscTec.

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