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Unmanned Aerial Vehicles (UAV) Market Share, Size, Key Players,
Research and Forecasts to 2025 | Hexa Research
“ The global unmanned aerial vehicle market size is poised to witness
significant surge in terms of revenue.”
27 December 2018
The global unmanned aerial vehicle market size is poised to witness significant surge in terms of revenue during the
forecast period of 2018 to 2025. UAV, sometimes referred to as drones, function without a human pilot aboard. They
are often deployed in missions that are dangerous for manned operations. These devices are increasingly becoming an
important component of modern warfare. Their operation can be either remote controlled, semi-autonomous, or fully
autonomous.
Drones are convenient to supply necessities, including water and food, in areas affected by natural calamities including
earthquakes and floods. Small-sized unmanned aerial vehicles are used in finding out location of hostages during rescue
operations. Increasing terrorism and natural calamities are leading to upswing in the number of rescue operations
conducted every year. This, in turn, has been working in favour of the market.
Over the past few years, commercial purpose usage of UAV has increased significantly. Growing trend of goods delivery
using these devices is projected to provide an upthrust to the market. Drone delivery services are anticipated to provide
ample opportunities to companies in developing countries that have inadequate transportation infrastructure. They are
also finding applications in several industries, including telecommunications, oil and gas, and mining.
Browse Details of Report @ https://www.hexaresearch.com/research-report/unmanned-aerial-vehicles-uav-market
Growing focus on improvement of flight control systems is likely to boost their adoption for military
operations. Rising shift towards modern agriculture practices is also expected to spur the growth of the
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