DALLAS, 8 Jan. 2015. The electric unmanned aircraft systems (UAS, also known as drones or unmanned aerial vehicles, UAVs) market will grow at an 18 percent compound annual growth rate (CAGR) through 2018, driven by increased commercial use and applications, according to a new report from ReportsnReports.com.
The new “Global Electric Unmanned Aerial Vehicles Market 2014-2018” research report from ReportsnReports.com precicts that a “rise in commercial use will drive growth in the electric unmanned aerial vehicles market by 2019.” According to this electric unmanned aerial vehicles market (UAV) report, the industry will grow at 18.20% CAGR for 2013-2018.
The cost-effectiveness of electric UAVs is a major draw for buyers in this market. In addition, increased interest in the usage of UAVs for commercial applications and the demand for small electric UAVs will also drive market growth through the projected period. Currently, the U.S. leads the market in terms of UAV production and use. However, there has also been a rise in demand from emerging markets, primarily in the Middle East and Asia to include Israel, Russia, the U.K., France, Italy, and China.
While the Middle East has emerged as the one of the regions with the highest demand for commercial UAVs, there are many emerging countries who are engaging small electric UAVs in various military and civilian operations. With improvements in technology and the availability of cost-effective systems, developing countries are looking to utilize such UAVs for tactical and surveillance purposes.
UAVs, also referred to as drones, are aerial vehicles without a human pilot aboard. The vehicle is controlled either autonomously by an on-board computer or by a remote control from the ground or on another vehicle. UAVs range in sizes. Large UAVs are used for tactical missions that are powered by internal combustion engines. Small electric-powered UAVs are primarily used for military and defense applications, and are driven by electric motors. Without combustion, these electric-powered UAVs are quiet and found more suitable for spy missions. Also, there has been an increase in interest for commercial applications of UAVs like aerial photography, agriculture, 3D mapping, wildlife protection, etc.
This report covers the present scenario and the growth prospects of the Global Electric Unmanned Aerial Vehicles Market for the period 2014-2018. It considers the global overview of the market as well as the market share by region. The report contains projections of the global market for the forecast period. The report also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the industry, as well as the key trends that are emerging in the market.
The Global Electric Unmanned Aerial Vehicles Market 2014-2018 research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions. The report also includes a discussion of the key vendors operating in this market. Companies discussed in this report include AeroVironment Inc., BAE Systems Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corp., Aeronautics Ltd., Aeryon Labs Inc., Aibotix GmbH, DJI Co. Ltd., Elbit Systems Ltd., and Prox Dynamics AS. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=320598.
Exhibits provided in this worldwide electric unmanned aerial vehicles market (UAV) report include:
Exhibit 1: Market Research Methodology
Exhibit 2: Electric UAVs by Type
Exhibit 3: Global Electric Unmanned Aerial Vehicles Market 2013-2018 (US$ million)
Exhibit 4: Global Electric Unmanned Aerial Vehicles Market by Region 2013
Exhibit 5: Civilian Applications for UAVs
Exhibit 6: AeroVironment: Business Segmentation by Revenue 2014
Exhibit 7: AeroVironment: Business Segmentation by Revenue 2013 and 2014 (US$ million)
Exhibit 8: AeroVironment: Geographical Segmentation by Revenue 2014
Exhibit 9: BAE Systems: Business Segmentation by Revenue 2013
Exhibit 10: BAE Systems: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 11: BAE Systems: Geographical Segmentation by Revenue 2013
Exhibit 12: Israel Aerospace Industries: Business Segmentation
Exhibit 13: Lockheed Martin: Business Segmentation by Revenue 2013
Exhibit 14: Lockheed Martin: Business Segmentation by Revenue 2012 and 2013 (US$ million)
The Current Trends and Future Business Dynamics - Unmanned Aerial Vehicles/Unmanned Aerial Systems (UAV/UAS) 2014 market research report analyzes global UAV/UAS industry demand prospects, key markets, top investment regions, major challenges. This report also examines trends which are currently affecting the industry. Furthermore, it highlights key application areas and identifies UAV types which are projected to witness increased investment. It says, globally, demand for UAVs/UASs will increase by an average of 19% over the next five years. The highest percentage of industry players foresee the future of UAV/UAS shaped by usage in non-defense areas. 'Surveillance' will be the largest application area for UAVs in the military domain over the next five years. U.S., China, and Russia will record highest increase in demand for UAVs over the next five years.
The Unmanned Aerial Vehicles for First Responders: Global Market & Technology Forecast, Buying Guide and Operating Concept - 2014-2019 research report is a market and technology forecast report with a buying guide. First Responders need the Buying Guide to avoid the very costly mistakes some of their predecessors made, plus the terminal mistake of copying military methods. System designers, vendors, policy makers, and operators need the comprehensive markets and technologies analysis. Both of them need the detailed Operating Concept that will educate a whole new generation of users on the best way to procure, integrate, train for and operate these new aircraft. Readers will be better prepared to use future capabilities, better equipped to compete for those sales and well prepared for the coming changes.
Specifically, this research report delivers:
Timely Business Opportunities - specific details on what First Responders need and how to sell to them in a way that generates profitable word of mouth sales.
Reasoned Market Forecasts - fact-based, scenario-driven tables and charts over multiple technologies and regions.
Reasoned Technology Forecasts - only the relevant systems with clear explanations of the differences with the UAVs seen in today's press.
Education - both First Responders and sellers will learn the best ways to develop these new capabilities while avoiding the political problems.
Detailed Drivers and Inhibitors - what will help the markets and what will hurt them.