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Fixed UAV Drones Market 2017

  • Id : RNR-199988
  • Category : Defence Aeronautics
  • Publish Date : Dec-17
  • Publisher : Research-N-Reports
  • Pages : 123
  • Format : PDF
License Type

Research N Reports added new report titled, “Fixed UAV Drones Market by Component (Camera System, Navigation System Sensors, Battery, Propulsion System, Others); by Payload (5kg, 5-10 kg, Above 10kg); by Application (Aerial Mapping, Pipeline, Power Line Inspection, Infrastructure Inspection, Others [Surveillance, Surveying, etc.]); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2022.”

UAV drones have been developing throughout the years with upgraded configuration, enhanced information processing abilities and noteworthy operating ranges and residency. Fixed UAV drones use wings like an ordinary plane to provide the lift instead of vertical lift rotors. Due to this, they just need to use energy to move ahead, not hold themselves up in the air, so are considerably more proficient. Hence, they can cover longer distances, outline bigger ranges, and loiter for long circumstances observing their point of interest.

In terms of revenue, Global Fixed UAV Drones Market was valued at US$ 2,520.2 million in 2016 and is expected to reach US$ 4,767.1 million by 2022, expanding at a CAGR of 11.5% from 2017 to 2022. Global Fixed UAV Drones Market is segmented on the basis of component into Camera System, Navigation System Sensors, Battery, Propulsion System, and Others. Among these, the Camera System Segment represented the major share in 2016 and is anticipated to be the dominant component segment of the overall market throughout the forecast period. From the Payload-wise segments, the above 10kg segment is expected to be the dominant segment throughout the prognosis period. The segments lead can be attributed to its precision and cost efficiency. Heavyweight drones are used in military and surveillance as the carriers of missiles. They are used for destructive purposes and also contain sensors. When it comes to applications, the Aerial Mapping Segment is anticipated to be dominant throughout the forecast period.

The Fixed UAV Drones Market is significantly driven by easing down of regulations and approaches actualized by the legislature. In spite of the fact that the policies and directions have not totally been eliminated, a few relaxations have driven the development of this market. The applications segment is essentially determined by the integration of sensors in automatons, which have made them reasonable for use in the inspection and monitoring section. Moreover, the downside of drones is its privacy, security, and nuisance concerns which is hindering the growth of the market.

North America represented a significant share of Global Fixed UAV Drones Market in 2016 and is relied upon to continue its dominance in the coming years. Representing over XX% of the aggregate share of the global market, the Market is projected to be the largest market throughout the forecast period and is evaluated to reach XX% by 2022 owing to the country’s growing demand for using drones for various applications, such as, power line inspection, aerial mapping, pipeline, and other applications on a large scale. The Asia-Pacific Market is projected to be the fastest growing market, with a CAGR of XX% over the forecast period.  The use of drones in inspection, surveillance, intelligence, and surveying operations is driving the regional market. 

The report provides both, qualitative and quantitative research of the Global Fixed UAV Drones Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. Some of the primary players of this market are BAE Systems, Lockheed Martin Corporation, Leonardo SPA, Northrop Grumman Corporation, Thales SA, Airware, Dronedeploy, PrecisionHawk, Aerovironment, Inc., Elbit Systems Ltd., Flir Systems, Inc., Israel Aerospace Industries Ltd., Parrot SA and Trimble UAS among others.