Electronics
Unmanned Aircraft Systems Market Expected to Reach 10,540.85 Million by 2023 at a CAGR of 26.2%
According to the new market research report by IndustryARC titled “Unmanned Aircraft Systems Market By Product Type (Fixed Wing, Rotary Wing); By End User (Commercial, Consumer); By End User Applications (Agriculture, Law enforcement, Survey, Others) - Forecast 2018- 2023”, the market is driven by the rising cases of commercial drones.
Americas to have a major share in the Unmanned Aircraft Systems
America is expected to dominate the Unmanned Aircraft Systems Market during the forecast period. It will generate revenue of $4,612.35 million by 2023 at CAGR of 29.3%. The US is the second largest region in the market. However, by 2020, US is expected to be the leader of unmanned aircraft systems in the market. Asia Pacific will display the highest growth due to the growing applications of drones in China, Japan and other countries in Asia. China has the biggest manufacturing base for consumer drones for applications such as personal photography and videography.
Selected Analysis done in the full Report:
Agriculture segment is the dominant sector during the forecast period. It will generate revenue of $1,452.33 by 2023 at a CAGR of 28.9%. Drones have the ability to capture images and analyse leaves in the field. They also monitor mid-season crops, irrigation equipment, cattle herd monitoring, and weed identification. The use of the drone camera in the agricultural field can save time and return on the investment. A drone can also monitor illegal fishing in restricted areas and save the habitat. Natural water resources can be monitored by government agencies using UAVs. Smuggling and deforestation are identified using drones.
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Excerpts on Market Growth Factors
- Commercial drones in the agriculture segment are cost effective and can boost production.
- Drones are being used in fields such as research, survey, and industrial segment to explore distant locations which are dangerous for people.
- Advancements in technology will enhance the growth of the UAV drone.
- Unmanned Aircraft Systems Market By Type
- Fixed Wing
- Rotary Wing
- Unmanned Aircraft Systems Market By Property
- Commercial Drones- By Endurance
- Consumer Drones- By type
- Unmanned Aircraft Systems MarketBy Application
- Recreation
- Education/ Academic research
- Real Estate
- Filmmaking/ Photography/ Videography
- Industrial
- Law enforcement & Public benefit
- Survey/ mapping/ GIS
- Agriculture
- Others
- Unmanned Aircraft Systems Market by Geography (covers 17+ countries)
- Unmanned Aircraft Systems Market Entropy
- DA-JIANG INNOVATIONS SCIENCE AND TECHNOLOGY CO., LTD.
- LOCKHEED MARTIN CORPORATION
- AEROVIRONMENT, INC.
- PARROT SA
- SENSEFLY SA
- 3D ROBOTICS, INC.
- SHENZHEN HUBSAN TECHNOLOGY COMPANY LIMITED
- GUANGZHOU WALKERA TECHNOLOGY CO., LTD.
- STEADIDRONE PTY LTD
- QUEST UAV
- PRECISIONHAWK INC.
- TRIMBLE
- LEPTRON UNMANNED AIRCRAFT SYSTEMS, INC.
- MICRODRONES GMBH
- SKYCATCH
- AERYON LABS INC.
- Company 20+
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Market Shares Analysis
- Pricing Analysis 15. Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
- Does IndustryARC publish country or application based reports in Unmanned Aircraft Systems segment?
- Unmanned Aircraft Systems Market(2018-2023)
- Americas Unmanned Aircraft Systems Market(2018-2023)
- Europe Unmanned Aircraft Systems Market(2018-2023)
- Asia Pacific Unmanned Aircraft Systems Market(2018-2023)
- Row Unmanned Aircraft Systems Market(2018-2023)
- Recreation Unmanned Aircraft Systems Market(2018-2023)
- Real Estate Unmanned Aircraft Systems Market(2018-2023)
- Does IndustryARC provide customized reports and charge additionally for limited customization?
- Increase the level of data in application or end user industry.
- Increase the number of countries in geography chapter.
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- Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.






