Press release
UAV Navigation Systems Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2026
The UAV Navigation Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The UAV Navigation Systems Market is projected to grow with a CAGR of more than 18% during the forecast period.
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Top Leading Companies of UAV Navigation Systems Market are HEXAGON, SBG Systems SAS, UAV Navigation, DJI, Collins Aerospace, AeroVironment Inc., Honeywell International Inc., BAE Systems Plc, Cobham Plc, L3Harris Technologies, Inc. and others.
Key Market Trends:
Military Segment is Expected to Register the Highest Market Share in 2019
In terms of application, the military segment has a higher market share in the UAV navigation systems market compared to the civil and commercial segment. The main reason for the higher share of the segment is the increased proliferation of the UAVs into the military sector, due to their enhanced capabilities in providing situational awareness to the ground troops. In the UAV market, the revenues from the military segment comprise more than 80% of the market, which gives a glimpse of how much the segment dominates the global UAV industry. Compared to the civil and commercial segment, the UAVs in the military require better maneuvering capabilities with precision navigation and guidance, as they need to perform complicated tactical missions, which is the main reason for the high cost of the navigation systems in military UAVs.
North America is Anticipated to Account for a Major Share in the Market in 2019
Currently, North America holds the highest market share in the UAV Navigation Systems Market, due to the high usage of UAVs by the defense forces in the US. UAVs are increasingly being used in North America for various applications including aerial photography, border security, law enforcement, weather research, emergency response, forest fire monitoring, scientific data collection, logistics and last-mile delivery, and traffic monitoring and control. However, the military segment remains the biggest demand generator for the UAVs in North America, as the US military procures and operates a large number of UAVs every year.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- UAV Navigation Systems Market Size & Analysis (2016 - 2026)
- Market Share Analysis of UAV Navigation Systems Market (%),2016 - 2026
- UAV Navigation Systems Market Share, By Brand
- UAV Navigation Systems Market Share, By Company
- UAV Navigation Systems Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies UAV Navigation Systems Market Value Analysis & Forecast
- Promising UAV Navigation Systems Development by Major Companies
- Detailed UAV Navigation Systems Portfolio of the Major Companies
- Major Deals in the UAV Navigation Systems Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/01091746538/uav-navigation-systems-market-growth-trends-and-forecast-2020-2025?Mode=nm
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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