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Global Drones Market: Trends and Opportunities (2016-2020)

  • March 2016
  • 55 pages
  • Daedal Research
Report ID: 3692414

Summary

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Scope of the Report

The report titled “Global Drones Market: Trends and Opportunities (2016-2020)” provides an in-depth analysis of the global drones market with detailed analysis of market sizing and growth, market share and economic impact of the industry. The report also provides market size of global video surveillance system market. The report provides detailed regional analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa for the drones market. Regional analysis includes market share of each region along with the actual and forecasted market sizing of drone market for the aforementioned regions.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global drone market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in global drone market is stiff and dominated by the big players like DJI. Further, key players of the drone market AeroVironment and 3D Robotics are also profiled with their financial information and respective business strategies.

Region Coverage

- North America
- Europe
- Asia-Pacific
- Middle East
- Latin America
- Africa

Company Coverage

- DJI Innovations
- AeroVironment
- 3D Robotics

Executive Summary

Drones are the front-end video surveillance system products which are gaining popularity and playing their part in driving the global video surveillance system market. Drones market is currently at the nascent stage but is anticipated to rise in the next five years i.e. 2016-2020 tremendously at a significant CAGR. The market is largely governed by the military drones but civil drones are also gaining momentum and driving the market in the positive direction. The upsurge in the civil drones market is due to the increased need for video surveillance at various places as crime rate is increasing over the period.

The major growth drivers for the drone market are: technological innovation, rise in civil drones market, persistent intelligence, surveillance & reconnaissance and internal & external safety threats. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as legal and regulatory policies & procedures, negative environmental impact, privacy issues, high cost, spectrum allocation and UAS integration in the national airspace.

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