USA Military Drone Market Is Expected To Grow With a Positive CAGR of 12.60% between 2022 to 2027F: Ken Research

Demand for Commercial Drones: Commercial drones have witnessed high demand from different end-user industries like Agriculture, Construction, Public Safety & Emergency Services, Mining, Surveying, etc. Commercial drone segment is expected to overtake military drone segment in terms of revenue. Commercial drones contributes a revenue of 27% in total drone market in 2022. Commercial drones will be adopted on a dynamic scale and will be one of the cornerstone for the future of logistics and will have the ability to access difficult, hard-to-reach locations.

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Change in Prices of Drone Hardware, Software and Services: Prices of drone hardware, software, and services will continue to fall as drone companies compete for market share through penetration pricing. Improved drone autonomy and continued growth in the number of licensed, gig economy drone pilots will further lower the cost of drone adoption. This trend will improve the return on investment for enterprise drones and encourage more businesses to expand pilot programs over the next few years.

Increased Use by End Users: Range delivery by drones can serve medical purposes in hard-to-reach areas of the world. Zipline, a Silicon Valley startup, delivers blood and vaccine supplies to African countries lacking infrastructure. In these areas, flying is more efficient than driving and can be an effective substitute for more expensive solutions like helicopters.

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Battery Range Issues: Battery power is causing an issue for users in terms of moving forward with the way in which drones can be used but progress is being made. This item is of particular interest when it comes to covering large areas in mapping applications, infrastructure monitoring or traveling long distances when delivering packages or medicines.

Analysts at Ken Research in their latest publication USA Drone Market Outlook to 2027F- by Ken Research observed that USA Drone Market is in the growing phase. Advance technology, Intelligent mapping, low costs and unmanned aerial transport are some of the factors that will contributed to the USA Drone market growth over the period of 2021-2027F. It is expected that USA Drone Market will grow at a CAGR of 9.39% for the above forecasted period.

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

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