4th Feb 2016 - Mumbai, India: Bharatbook.com announces a report on “Market report on Drone Technology and Global Markets” The report analyze the various applications of drones and the market dynamics of each application.The global drone market is expected to grow from $639.9 million in 2014 to $725.5 million in 2015. This market is further expected to grow to $1.2 billion by 2020 with a compound annual growth rate (CAGR) of 11.4% for the forecast period, 2015-2020.
This report provides:
-An overview of the global markets and technologies for drones, classified on the basis of traveling environment into Unmanned Ground Vehicles (UGVs), Unmanned Aerial Vehicles (UAVs), Unmanned Surface Vehicles and Unmanned Marine Vehicles (AUVs).
-Analyses of global market trends, with data from 2014, estimates for 2015 and projections of compound annual growth rates (CAGRs) through 2020.
-Analyses of the market by type, by application, by technology, by component and by geography.
-Details discussing the current and future trends and analysis based on various competitive technologies.
-Information on the market's value chain as well as competitive landscape.
-Relevant patent analysis.
-Profiles of leading players and their key developments and strategies.
New technology is driving innovation in the development and usage of drones. Applications in both military and consumer markets are providing opportunities for manufacturers. This report highlights the changing market landscape and measures the opportunities available to suppliers in the coming years.
STUDY GOALS AND OBJECTIVES
This report is an impact analysis of the drone market. The information in this report includes factors currently driving and hindering the growth of the market, as well as factors impacting the future of the industry.
The goals and objectives of this report include:
-To measure the current global market and project growth over the next five years for both the overall market and all possible market segments.
-To understand opportunities and innovation-driven drone market highlights, as well as the major regions involved in such developments.
-To analyze the various applications of drones and the market dynamics of each application.
-To identify segments with high growth potential, as well as to understand future applications of given segments.
-To examine key trends related to types, applications, sub-systems and regional factors that shape and influence the overall drone industry.
-To examine region-specific developments in the industry.
-To understand the major stakeholders in the market and the competitive landscape for market leaders.
-To analyze growth strategies of key players in the drone market.
-To analyze patent data where relevant.
REASONS FOR DOING THE STUDY
Increasing usage of unmanned vehicles and new technologies in the commercial and defense sectors is primarily supporting the growth of this market. Thus, the market has very good potential, witnessing significant future growth in these sectors. Mobile robots are classified as unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), unmanned surface vehicles and unmanned marine vehicles (AUVs) on the basis of traveling environments. Due to a high level of deployment and the increasing usage of this technology, considers the drone market to be an important area for study.
SCOPE OF REPORT
The drone market is segmented into four categories:
-Type: Unmanned ground vehicles (UGVs), unmanned surface vehicles (USVs), unmanned marine vehicles (UMVs) and unmanned aerial vehicles (UAVs).
-Application: Logistics and warehousing, defense, healthcare, field operations and entertainment.
-Subsystem: Control system, software, data links, training and simulation.
-Region: North America is segmented into the U.S., Canada and Mexico. Europe is segmented into France, Italy, Germany, the U.K., Russia, and rest of Commonwealth Independent States (CIS). Asia-Pacific (APAC) is segmented into China, Japan, Taiwan, South Korea and others. The Rest of the World (ROW) segment includes the Middle East, Africa and South America.
In addition to industry and competitive analysis of the drone market, this report includes a patent analysis and a listing of company profiles for the market’s key players.
This report will be of interest to:
-Raw material providers.
-Investors (e.g., private equity, venture capital).
The sources used to obtain the information required for this extensive commercial and technical study of the drone market include:
Selected experts from related industries.
Databases, including OneSource, Factiva, Bloomberg, the Securities and Exchange
Commission (SEC) for company filings and Reuters.
-Stock exchanges, including TMX, NASDAQ, ASX and LSE.
This research study used both primary and secondary sources. Secondary sources include directories and databases such as Hoovers, Bloomberg, Business-Week, Factiva, and OneSource to identify and collect information useful for this extensive technical and commercial study of this global market. Primary sources include industry experts from core and related industries, as well as those affiliated with suppliers, manufacturers, distributors, administrators, solution providers, technology developers, alliances, standards and certification organizations, and organizations related to all the segments of this industry’s value chain. All primary sources were interviewed to obtain and verify critical qualitative and quantitative information, as well as to assess future prospects.
Both top-down and bottom-up approaches were used to estimate and validate the size of the drone market.
The key market players were identified through secondary research while formulating the industry value chain, and their market revenues were determined through primary and secondary research. This includes analysis of the annual business and financial reports of top market players, as well as extensive interviews for key opinions from leaders such as CEOs, directors and marketing executives.
The geographical split was determined using secondary sources verified through primary sources. It is based on various parameters, including the number of players in a particular region and the extent of research activity occurring in that region.
The bottom-up procedure was implemented to arrive at the overall market value by adding appropriate product revenues. Total market size was validated through revenue, and revenue shares of companies in the drone market were used to establish the total market size. This overall drone market size (revenue) was used in the top-down procedure to arrive at the market sizes of all the individual submarkets. This is validated by the original market sizes of the sub-segment markets.
The percentages of various major market segments by application and geography, as well as by products and geography were used to arrive at the market sizes of the major drone market segments by type, sub-system, application and geography. The percentage split of the sub-segments categorized under the application market sub-segmentation were used to arrive at the market sizes of the individual sub-segments of the end-user verticals by application. The exact reverse of this procedure (i.e., using bottom-up from the application and geography segments to arrive at the overall drone market and top-down from overall drone market to arrive at the individual key player revenues) was also done to validate the market sizes.
Thus, data was triangulated between three major categories: drone application market sizes, geography market sizes and company revenues. Other forms of data triangulation were also implemented in specialized market sizes. For example, data were also triangulated from the overall semiconductor revenue to arrive at the overall drone market revenue.
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