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Unmanned Aircraft System Market Poised to Achieve Significant Growth by 2026

06-21-2018 02:37 PM CET | Logistics & Transport

Press release from: Worldwide Market Reports

Unmanned Aircraft System Market Poised to Achieve Significant

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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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

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