LONDON, Aug. 31, 2016 /PRNewswire/ --
An aerial drone (unmanned aircraft, unmanned aerial vehicle or UAV) is any aircraft that operates without direct human intervention from within or on the aircraft. The global drone market is comprised of commercial and military applications. UAVs are anticipated to play an unprecedented role in B2B services with an especially important role within product and service delivery systems including logistics support and supply chain management.
The commercial drone market segment comprises hardware, software and services. By way of example, drone hardware includes fixed wing drones, rotary bland drones, nano-drones, and hybrid drones. Commercial drone market segments assessed include Energy and Propulsion, Automation Systems, Collision Avoidance Systems, Cyber Security, On-board (distributed) Data Processing, and Distributed Communications (communication data links and radio).
This report evaluates the commercial drone market including the use of UAVs in military and defense inspired commercial applications. The report assesses the market outlook and provides detailed forecasts for revenue and deployment globally, regionally, and within major countries through 2025.
North America will lead in deployment of commercial drones with 1.4M by 2025
The hardware sales segment will contribute 57% of total drone infrastructure revenue
The global drone market is anticipated to reach $4.2 billion by 2025 with a CAGR of 9.2%
By 2018, UAVs will be used by nearly for every major manufacturing company to control logistics
By 2021, UAVs will be used nearly every automobile manufacturer in metropolitan areas and along major highways to provide ubiquitous wireless coverage based on a combination of LTE, 5G, and satellite communications
Electronics component providers
Internet of Things (IoT) companies
Retail and wholesale service providers
Venture capitalists, consultants, and related
Commercial, military, and government organizations
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