
India UAV Market (2015-2021): Market Forecast by UAV Types (Mini-UAV (Low Altitude - Low Endurance), Medium Range UAV (Low Altitude - Medium Endurance), Long Range UAV (Medium Altitude - Long Endurance) and Long Range UAV (High Altitude - Long Endurance))
LONDON, May 11, 2015 /PRNewswire/ -- "India Unmanned Aerial Vehicle (UAV) Market (2015–2021)" provides in-depth analysis with 74 figures and 13 tables covered in 140+ pages.
Increasing terrorist activities, border security, rising defense budget, FDI, favorable government policies on import and increased domestic production campaigning for defense aircrafts and military equipment have driven the penetration of UAVs in the Indian market. After China and Japan, India is emerging as one of the key markets for UAVs in Asia-Pacific region. India is also one the largest importers for defense equipment worldwide. After the introduction of "Make in India" campaign by the Government of India in 2014, India is anticipated to commence the production of various defense equipment in the coming years due to surging FDIs in defense sector and growing partnerships.
In India's UAV market, long range UAV with medium altitude & long endurance segment dominates the overall market in revenue terms. According to 6Wresearch, India UAV Market is projected to record $421 Million by 2021. Expected introduction of regulation by DGCA in 2016 would promote its penetration in civil application sector, retail and hospitality application sectors.
Amongst all applications, military application accounts for majority of the revenue share in India's UAV market. Over the last three years, law enforcement application is witnessing higher deployment of mini-UAVs in Tier-I cities, on account of increasing crime rate. Furthermore, before the ban on the use of UAVs for civil application by Directorate General of Civil Aviation (DGCA), mini-UAVs were used in events and photography.
Key Highlights of the Report
- Historical data of Global UAV Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of Global UAV Market Revenue & Volume until 2021.
- Market Share & Forecast of Global UAV Market Revenue & Volume, by UAV Types.
- Market Share & Forecast of Global UAV Market Revenue, by Applications.
- Historical data of India UAV Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of India UAV Market Revenue & Volume until 2021.
- Historical data of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue & Volume until 2021.
- Market Share & Forecast of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue, by Types.
- Market Share & Forecast of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue, by Applications.
- Historical data of India Medium Range UAV (Low Altitude-Medium Endurance) Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of India Medium Range UAV (Low Altitude-Medium Endurance) Market Revenue & Volume until 2021.
- Market Share & Forecast of India Medium Range UAV (Low Altitude-Medium Endurance) Market Revenue, by Types.
- Historical data of India Long Range UAV (Medium Altitude-Long Endurance) Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of India Long Range UAV (Medium Altitude-Long Endurance) Market Revenue & Volume until 2021.
- Market Size & Forecast of India Long Range UAV (High Altitude-Long Endurance) Market Revenue & Volume until 2021.
- Market Size & Forecast of India UAV Market by Applications until 2021.
- Market Drivers and Restraints.
- Price Trends.
- Market Trends.
- Players Market Share.
- Competitive Landscape.
- Key Strategic Pointers.
Markets Covered
The report provides the detailed analysis of following market segments:
- UAV Types:
o Mini-UAV (Low Altitude – Low Endurance)
o Medium Range UAV (Low Altitude – Medium Endurance)
o Long Range UAV (Medium Altitude – Long Endurance)
o Long Range UAV (High Altitude – Long Endurance)
- Applications:
o Military
o Law Enforcement
o Events
o Others
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