An Outlook on the Middle East & Africa Drones Market to 2021-2026: Know Market Trends, Growth Factors, Covid-19 Impact

The Middle East & Africa Drones Market is likely to grow at a CAGR of XX% in the forecast period of 2021-26, says MarkNtel Advisors in their research report “Middle East & Africa Drones Market Analysis, 2021.” The market growth attributes to the burgeoning adoption of drones across several industrial verticals, such as agriculture, mining, and construction. In addition to this, drones help in surveying, inspection, and homeland security.

Thus, the rising demand for commercial applications is driving the market.
Further, drones are beneficial in providing better, more flexible visualization and real-time access to information. Hence, these benefits offered by drones lead to surging their demand, thereby propelling the market growth.

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Critical Questions Answered in the Study
1. What are the current and future trends in the Middle East & Africa Drones market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across Middle East & Africa, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Middle East & Africa Drones market?
5. What are the customer orientation, purchase behavior, and expectations from drone providers?
Fixed Wings to Dominate the Middle East & Africa Drones Market During the Forecast Period

Based on the Type, the market segments into Fixed Wings and Rotary Wings. Of both, the Fixed Wings is likely to capture a significant share of the Middle East & Africa Drones Market during the forecast period. The segment growth owes to the various advantages of fixed-wing drones, such as large-area coverage, long-endurance, and faster flight speed. Also, these drones are energy-efficient and ideal for long-term missions like climate monitoring & surveillance missions. Hence, these advantages shall augment the demand for fixed wings drones in the coming future.

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Defense Establishments to Hold Substantial Share of Middle East & Africa Drones Market During 2021-26

Based on the End-User, the market bifurcates into Defense Establishments, Construction, Agriculture, Law Enforcement, and Energy. Of them all, Defense Establishments are forecast to acquire a substantial share of the Middle East & Africa Drones Market during 2021-26.

It owes primarily to the burgeoning border conflicts in the Middle East countries like Afghanistan & Iraq. Further, drones assist ground forces by attacking fixed targets. They also help transport explosives & heavy supplies, such as weapons or other ammunition for ground troops, and offer real-time surveillance video to enhance security. Hence, these factors contribute to the overall segment growth, reveals MarkNtel Advisors in their research report, “Middle East & Africa Drones Market Analysis, 2021.”

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Key Market Competitors:
According to MarkNtel Advisors, the leading industry players in the Middle East & Africa Drones Market are BAYKAR Unmanned Aerial Vehicle Systems, IAI, Kronshtadt Group, DJI, EHang, Shenzhen Damoda, China Academy of Aerospace Aerodynamics, Microdrones GmbH, FalconViz, Terra Drone Corporation, BlueBird Aero Systems Ltd., Airobotics Ltd., Integrated Aerial Systems, AeroVironment Inc., and Parrot SA.

Market Segmentation:
1. By Type (Fixed Wings, Rotary Wings)
2. By End Users (Defense Establishments, Construction, Agriculture, Law Enforcement, Energy, Others)
3. By Range (Short Range, Medium Range, Long Range)
4. By Country (Saudi Arabia, UAE, Israel, Iran, Egypt, South Africa, Turkey)
5. By Competitors (BAYKAR Unmanned Aerial Vehicle Systems, IAI, Kronshtadt Group, DJI, EHang, Shenzhen Damoda, China Academy of Aerospace Aerodynamics, Microdrones GmbH, FalconViz, Terra Drone Corporation, BlueBird Aero Systems Ltd., Airobotics Ltd., Integrated Aerial Systems, AeroVironment Inc., Parrot SA)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.