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Small-Unmanned Aerial Vehicle (SUAV) Market Would Register a Healthy Growth Rate During the Forecast - 2021

Press Release   •   Feb 22, 2017 00:32 EST

Small-unmanned aerial vehicles are used in search and rescue operation. By use of small-unmanned aerial vehicle the cost of sending a group of people in dangerous place get reduced. It would be easy to use small-unmanned aerial vehicle to look out for the people and take an overview of the situation in easy manner. In construction industry, small-unmanned aerial vehicles are used for inspection of building and bridge and thus reduce the human cost and efforts.

Small-Unmanned Aerial Vehicle Market

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The growing terrorism attacks need higher security requirements make small-unmanned aerial vehicle as the best alternative to use. This leads to drive the demand of small-unmanned aerial vehicle market, specifically in Asia Pacific and Middle East regions, which suffer terrorist attacks on a regular basis. Federal Aviation Administration (FAA) estimates that more than 7,500 small-unmanned aerial vehicle would be flying in the national airspace in the next five years. Company such as Amazon.com, Inc. is planning to use small-unmanned aerial vehicle for commercial purpose for product delivering through air. Their approval for use of small-unmanned aerial vehicle in commercial purpose is inroad with Federal Aviation Administration (FAA). Once approved, this is further expected to drive the demand of small-unmanned aerial vehicle market in North America and Europe.

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Some of the major companies operating in global small ummanned aerial vehicle marker are Aeronautics Ltd, AeroVironment Inc, Airbus Group, The Boeing Company, Elbit Systems Ltd, Finmeccanica SpA, Israel Aerospace Industries Ltd, Lockheed Martin Corporation, Textron Inc, Xi'an Aisheng (ASN) Technology Group, AeroVironment, SAAB, Thales Group, Lockheed Martin Corporation and Microdrones GMBH.

Key geographies evaluated in this report are:

  • North America
    • U.S
    • Canada
  • Europe
    • France, Germany, Italy, Spain, and the UK
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Others
  • Latin America
    • Argentina
    • Brazil
    • Others

Key features of this report

  • Drivers, restraints, and challenges shaping the Small-Unmanned Aerial Vehicle (SUAV) market dynamics
  • Latest innovations and key events in the industry
  • Analysis of business strategies of the top players
  • Small-Unmanned Aerial Vehicle (SUAV) market estimates and forecasts(2015 -2021)

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