What are the factors driving the growth of Drones Market in Middle East & Africa?

The Middle East & Africa Drones Market Research Report provides a detailed analysis of industry size, share, segmentation, competitive landscape, value chain optimization, trade regulations, historical data & recent developments, strategic market growth analysis, and product launches while considering the Covid-19 impact on the Market.

The “Middle East & Africa Drones Market,” is anticipated to grow at a CAGR of 35.12% in the forecast period of 2021-26, says MarkNtel Advisors in their research report “Middle East & Africa Drones Market Analysis, 2021.” The most prominent factors contributing to the market growth are surging situational awareness in the military & defense sector and the rapid expansion of the construction industry.

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Further, the rising trend of integrating geographic information systems (GIS), mapping services, and light detection & ranging system makes drones helpful in offering constant & reliable topographic updates, surveying lands, enhancing safety, and preventing hazardous situations. These potential benefits of drones augment their demand, thereby likely to propel the overall market growth in the coming years.

Key Questions Covered in this report:

1. What are the current & future trends in the Market?
2. How has the competition been shaping across various countries, followed by their comparative factorial indexing?
3. What are the key results derived from surveys conducted during the Market study?
4. What are the key innovations, opportunities and regulations in the Market?
5. What are the strengths & weaknesses of key competitors, and how do they perform in the Market based on a competitive matrix?

For detailed analysis with TOC : https://www.marknteladvisors.com/research-library/middle-east-africa-drone-market.html

Impact of Covid-19 on the Market

The economic rise & fall amidst the Covid-19 pandemic has led to uncertainty in many businesses. Some industries are struggling while some are thriving. However, almost every vertical has witnessed severe consequences of the pandemic in terms of both revenue & growth. Hence, in the wake of this evolving landscape, most players in the Market have revised their budget & growth tactics for the coming years.

This research report with Covid-19 impact analysis will assist industry players in devising robust strategies for any such contingencies if occurred in the future, and accordingly, growing & sustaining their businesses. Moreover, a detailed assessment of several market segments cited in the report shall help them better understand the industry's top revenue prospects.

Prime Features of the Research Report:

The prime objective of this report is to help users understand the Market's definition, shares, segmentation, potential, key trends, and growth challenges. The readers will find this report extremely helpful in thoroughly understanding the market insights. The market data & information taken from reliable sources were checked & validated by the industry experts. Following are other inclusions of the Market research report:

• Covid-19 Impact Analysis on the market growth.
• Regional/Country-Level Landscape
• Figures citing sales volume & revenue.
• Assessment of the major industry trends.
• A citation of the prominent companies in the Market

Explore the report: https://www.marknteladvisors.com/press-release/middle-east-africa-drones-market-growth

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;
By Type
Fixed Wings
Rotary Wings

By End Users
Defense Establishments
Construction
Agriculture
Law Enforcement
Energy
Others

By Range
Short Range
Medium Range
Long Range

By Country
Saudi Arabia
UAE
Israel
Iran
Egypt
South Africa
Turkey

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com

About Us:

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.