Global UAV Drones Market is Anticipated to Reach $22.15 billion by 2022 - Orbis Research

According to Stratistics MRC, the Global UAV Drones market is estimated at $5.93 billion in 2015 and is expected to reach $22.15 billion by 2022 growing at a CAGR of 20.7% from 2015 to 2022. Increasing demand in military applications to fight against terrorism and rising demand for actionable intelligence are the major factors propelling the market growth. Whereas privacy concerns owing to stringent government regulations and lack of professional pilots are the factors hampering the market growth. Controlling accidents of the drones is the major challenge factor for the market.

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In commercial application, media and entertainment holds the largest share in market owing to its usage by professionals in capturing images and videos in the areas where they can’t reach. Agricultural application is expected to move at faster phase during forecast period. Whereas in military drones, border security segment accounted for the largest share owing to usage of drones in guarding borders and for combat missions. Spying segment is anticipated to have the lucrative share during forecast period. North America dominated the global market for UAV Drones in 2015. North America has used UAV drones in wars against terrorism and in atmospheric research for collection of samples that has made this region to hold largest market share. Asia Pacific will experience the fastest growth in the coming few years.

Some of the key players in the market include The Boeing Company, Israel Aerospace Industries Ltd., Precisionhawk, BAE Systems PLC, Northrop Grumman Corp., Elbit Systems Ltd., Lockheed Martin Corp., Aerovironment, Inc., Thales SA, 3DR, Flir Systems, Inc., DJI, Parrot SA, Turkish Aerospace Industries Inc., Leonardo Spa, Dronedeploy and General Dynamics Corporation.

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Components Covered:
Sensor
Proximity Sensors
Position Sensors
Motion Sensors
Temperature Sensors
Light Sensors
Other Sensors
Camera System
Lidar Camera
Multispectral Camera
High Resolution Camera
Thermal Camera
Propulsion System
Navigation System
Geographic Information System (GIS)
Global Positioning System (GPS)
Battery
Other Components

Types Covered:
Military Drones
Unmanned Combat Air Systems (UCAS)
Medium-Altitude Long-Endurance (Male) UAVs
Small Tactical Unmanned Aircraft Systems (Stuas)
High Altitude Long Endurance (Hale) UAVs
Commercial Drones
VTOL Drones
Hybrid Drones
Rotary Blade Drones
Nano Drones
Fixed-Wing Drones

Applications Covered:
Military Drones
Border Security
Spying
Combat Operations
Search and Rescue Operations
Commercial Drones
Diy Drones (Do-It-Yourself)
Precision Agriculture
and Monitoring
Public Infrastructure
Oil and Gas
Power Plants
Media and Entertainment
Education
Law Enforcement
Surveying and Mapping
Retail

Subsystems Covered:
UAV Sub-Station Components
Data Telemetry
ntenna Tracking Systems
Launch Systems
Ground Control Stations & Simulators Training Centers
Autopilot Navigation& Auto Landing Recovery
UAV Device Components
UAV Engines
Imaging Data Centres
Detectors, Spectrometers, Spectrophotometers
Sense And Avoid Systems

Payloads Covered:
Military Drones
Above 600 Kg
Up to 150 Kg
Up to 600 Kg
Commercial Drones (Up to 25kg)

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
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- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
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