The latest report on Unmanned Aircraft System Market by Infinium Global Research gives complete coverage of the unmanned aircraft system market by size (small-medium, and large), application (military & defense, civil & commercial, agriculture, and other applications) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of unmanned aircraft systems such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Crop Inspection and Monitoring Is the Driving Factor for The Global Unmanned Aircraft System Market.
The unmanned aircraft system is the new component of the aviation system. This system is based on the cutting edge developments in the aerospace technologies, offering enhancement that is open for the commercial/civil applications. Unmanned aircraft come in various sizes and shapes, also comes in different ranges from small handheld to large aircraft. Unmanned aerial vehicle (UAVs) is the component of the unmanned aircraft system (UAS). This includes UAV, ground-based controller and system communication between these two.
Growing demand in the agriculture sector as used for the crop inspection and monitoring is the driving factor for the global unmanned aircraft system market. Increasing the adoption of new technologies in the commercial sector in various applications and growing its deployment for law enforcement and surveillance boosting the growth of the global unmanned aircraft system market.
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The Automatic Flight Control System May Create an Opportunity for The Market by Integrating the Unmanned Aircraft System
On the other hand, the unmanned aircraft system requires high capital of investment that may hamper the growth of the global unmanned aircraft system market. Strict government regulations regarding air traffic management are also one of the restraining factors for the growth of the unmanned aircraft system market. The automatic flight control system may create an opportunity for the market by integrating the unmanned aircraft system into existing manned aircraft.
Geographically, North America region dominates by the largest market share in the unmanned aircraft system market due to the adoption of advanced technologies and increasing demand for surveillance in the military and armed forces. The U.S is accounted for the largest market share followed by Canada and Mexico. Moreover, the Asia Pacific region expected to boost the growth of the unmanned aircraft system market in the forecast period due to rising adoption of the unmanned aircraft system in agriculture and forestry as well as increasing utilization in commercial applications such as logistics and transportation for monitoring. In Asia-Pacific, China holds the highest share followed by Japan and India.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the unmanned aircraft system.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.