According to market research "Small UAV Market by Application (Military, Commercial & Civil, Homeland Security), by Payloads (EO, LiDAR, Laser Designator, Meteorological sensors, Cameras, Telemetry, Autopilot, and NBC detection), by Propulsion System (Hybrid, Hydrogen cell, Solar, Lithium-ion battery), by Geography - Market Forecast and Analysis to 2014 – 2020", the global SUAV is expected to register growth with CAGR of12.31%, and reach $1.9billion by the end of 2020. Increase in civil and military applications remains the driving factors for the global small UAV market.
Browse more than 70 market data tables with 81 figures spread through 269 pages and in-depth TOC on "Small UAV Market".
Early buyers will receive 10% customization on this report.
Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=141134567
This report provides a market analysis of the global small Unmanned Aerial Vehicle (UAV) and man portable SUAV market over the next six years. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
The report also analyzes the market share on the basis of payloads used in SUAVs. It provides information about the leading competitors in the global SUAV market and apart from a general overview of the companies; it also provides details on their financial positions, key products, their unique selling points and key developments. This research report also segments the market on the basis of products, types, application and geography, country, forecasting revenues, market share and analyzing trends in each of the sub segments.
Due to economic downturn, major countries like U.S. and the U.K. are witnessing economic difficulties. The U.S. has witnessed budget cuts in the recent past and it is likely to continue in the near future. The U.S. has announced the budget cut of $178 billion during 2011-2015. Any budget cut in these countries could slow down the defense industry. Despite these facts, the SUAV market is booming and lot of money is spent on the research and development of SUAVs.
The unrest in Asian countries due to terrorist attacks and political disputes has increased the SUAV spending. Regions such as North America, Asia-Pacific, and Europe currently hold the largest share of SUAVs. However, the Middle Eastern and African countries have a high potential of growth in this sector.
The penetration rate of military applications in the SUAV market is the highest when compared to the commercial, civil, and homeland security applications. However, the market of SUAV in the commercial and civil application is estimated to overtake the homeland security application’s market by 2020.
India, South Korea, China, Germany, France and Australia are the new growth regions, due to their developments in mini and micro UAV segment.
Key players like AeroVironment, SAAB, Israel Aerospace Industries, and Thales Group are the majorplayers for the industry.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=141134567
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
Suite 800, Dallas, TX 75252