Drone-based Volume Measurement Delivers Big Time-Savings to Mining | A Critical Insights by Fact.MR

Fact.MR recently published a market study on the global market for Drone. The study provides detailed assessment on key market dynamics, including drivers, trends, opportunities restraints, and detailed information about the drone market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2019-2029

Discover more about the drone market with figures, data tables, and the table of contents.

Find detailed market segmentation on

https://www.factmr.com/report/62/drone-market

Key Prominent Players

Key companies in the global market for drone include

DJI, AeroVironment Inc

CyPhy works Inc.

3D Robotics

Sentra LLC

Agribiotix LLC

AgEagle Aerial Systems

Skycatch, Inc.

Airware

Precision Hawk Inc.

SenseFly SA.

For more insights into the Market, Request a Sample of this Report

https://www.factmr.com/connectus/sample?flag=S&rep_id=62

Drone or Unmanned Aerial Vehicles (UAVs) are frequently used for carrying out military operations. Nonetheless, these unmanned aircrafts are also being increasingly used for undertaking non-military affairs owing to their groundbreaking aerial capabilities. Unlike the traditional aircraft, drones can fly for longer durations. Moreover, they come in various price rang depending on the features. Demand for drones has been significantly high in recent years. As per a study conducted by Fact.MR the global drone market is expected to increase at an impressive CAGR of 22.8% during 2017 to 2022.

Get Customization on this Report for Specific Research Solution

https://www.factmr.com/connectus/sample?flag=RC&rep_id=62

Drones are considered as innovative aerial vehicles that have exceptional combat capabilities, which is why they are being used by various countries for defense purposes. Currently, drones are playing an important part in countering anti-social activities and terrorism. Growing demand for precision technologies is expected to favor the global market for drones in the near future. However, risk of accidents and technical failures remain a major concern for manufacturers.

This, in turn, is also acting as a bottleneck for the market and curtailing widespread adoption of drones. Further, stringent regulatory norms on drone use continue deter the growth of the market. North America is at the forefront of the global market. The region’s market is expected to remain highly lucrative throughout the forecast period, reflecting at a stellar CAGR in terms of value.

For More Insights:

https://www.prnewswire.com/news-releases/automotive-headliners-demand-in-premium-cars-set-to-rise-at-above-5-cagr-through-2031-factmrs-new-study-301211717.html

Market Segmentation

Global Drone Market Analysis 2014-2018 and Forecast 2019-2029, By Product Type

Commercial Drone

Military Drone

Global Drone Market Analysis 2014-2018 and Forecast 2019-2029, by Payload

Upto 25 Kg

25 Kg - 150 Kg

150 Kg - 600 Kg

Above 600 Kg

Need more information about Report Methodology? Click here-

https://www.factmr.com/connectus/sample?flag=RM&rep_id=62

Global Drone Market Analysis 2014-2018 and Forecast 2019-2029, by Application

Aerial Surveying & Photography

Agriculture

Construction

Film and television

Border Security

Combat Operations

Search and rescue

Global Drone Market Analysis 2014-2018 and Forecast 2019-2029, by Region

North America

Latin America

Europe

Japan

APEJ

Middle East and Africa (MEA)

Following highlights from the Fact.MR’s forecast on the global market for drone is expected to assert the market’s future prospects

In terms of revenue, military drones are expected to account for the largest share of the market during the forecast period. In addition, this product type segment of the global drone market is estimated to surpass a multibillion dollar valuation towards the end of 2022. Meanwhile, the commercial drone segment is anticipated to stand at a little over US$ 6 Bn over 2022.

Drones with 25 kg - 150 kg payload are expected to witness strong demand throughout the assessment period. This payload segment is likely to cross a market valuation of US$ 3,839 Mn. Meanwhile. The 150 kg - 600 kg payload segment is projected to register the fastest CAGR over 2022.

On the basis of application, drones will be used mainly for border security purposes. The border security application segment is expected to contribute a large portion to the global drone market revenue.

By 2022-end, this segment is estimated to procure heavy revenues. In addition, this application segment is projected to gain 16 BPS from 2017 to 2022. Apart from military and defense, drones are increasing finding application is other sectors such as aerial photography, agriculture, construction, and film and entertainment

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/62/S

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.
We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.