Small UAV Market - Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2021

The Global Small UAV Market is expected to grow at a CAGR of around 7% from 2016 to 2021. The growing demand of UAVs in civil and commercial application, increased procurement of military UVAs globally are the major drivers of the market. Technological innovation, economical acquisition and operation have led to the rapid growth of commercial small UAVs market.

Americas is the leading player in Small UAV Market with around 40% of market share as of 2015, followed by EMEA and Asia Pacific with around 32% and 28% market share respectively. Emerging markets in APAC, South America, and Middle East have prioritized the increased utilization of UAVs, mainly for military applications, which has propelled the market growth.

Market Segmentations
By Types
o Micro UAV
o Mini UAV

By Applications
o Civil
o Commercial
o Military & Defense

By Geography
o America (North & Latin)
o Europe
o Asia – Pacific
o Middle East & Africa

Key Players
• AeroVironment
• Elbit Systems
• Israel Aerospace Industries Ltd.
• SAAB
• Thales
• Lockheed Martin
• Aeronautics Limited
• Northrop Grumman

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Americas to dominate the Global Small UAV Market during the forecast period
As per the MRFR analysis, the Americas Small UAV market to grow at a CAGR of around 7% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at high CAGR.

Key Findings
• By 2021, Civil and Commercial application market would have around 45% of market share
• Demand for small UAVs is rapidly increasing from emerging and developing nations to counter national security threat
• China is the major driving market for small UAV. It is anticipated to grow parallel with China’s commitment of growing utilization of unmanned systems, particularly for military applications
• Asia Pacific will register the maximum growth during the forecast period, followed by Americas and EMEA

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Table of Content
1. Introduction
1.1 Report Description
1.2 Research Objective
2. Executive Summary
2.1 Key Findings / Highlights
2.1.1 Investment Opportunities
2.1.2 Market Strategies
2.1.3 Latest Developments
3. Scope Of The Study
3.1 Markets Covered
3.2 Years Considered For The Study (2016-2021)
3.2 Geographic Scope
3.3 Key Stakeholders
4. Assumptions And Limitations
5. Research Methodology
5.1 Primary Research
5.2 Secondary Research
5.3 Econometric And Forecasting Model
6. Market Size Estimation
6.1 Top Down Approach
6.2 Bottom Up Approach
7. Market Factor Analysis
7.1 Value Chain Analysis
7.2 Supply Chain Analysis
7.3 Porter's Five Forces Analysis
8. Market Dynamics
8.1 Drivers
8.2 Restraints
8.3 Opportunities
8.4 Trends
9. Market Segmentation
9.1 By UAV Types
9.2 By Application
9.3 By Region
Continue………

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Small UAV Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

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