08 November 2019
The unmanned aerial vehicle (UAV) market is growing for many reasons, including increasing technology and applications, as well as lower manufacturing costs enabling more and more users access to UAVs. However, based on the most recent UAV market analysis data available, there are some important things to make note of and driving factors to monitor. This is especially key for those involved in the industry.
Evolving Perceptions About Drones
When drones were first introduced and became more readily available, they were seen in some cases as a sort of “cool” new technology that not many really understood. According to recent UAV market analysis data, this seems to no longer be the case. In addition to their military applications, many are starting to realize the far-reaching capabilities drones have for high-quality data collection.
Another important aspect many are now considering is how Federal Aviation Administration (FAA) changes are going to increase the opportunity for more data collection. Eventually, drones and unmanned aircraft will be more integrated into the FAA’s policies and regulated, allowing for laxer regulations when it comes to nighttime operations, flights over populated areas, and more.
Drivers & Restraints in the UAV Market Place
There are certainly some driving factors to make note of regarding the UAV market sector, one of the foremost being that of data analytics. The drone market also enables opportunities for broad-based IT expertise and expansion, as drone capabilities grow and call for the need for greater existing IT infrastructure. Drones are also uniquely positioned at the intersection of technology and business, meaning companies that can provide real-time solutions to business problems and pain points can benefit greatly.
According to recent UAV market analysis data, some restraints that will affect the drone industry for the years ahead include concerns about changing government regulations and user buy-in. Currently, the FAA is still lacking many regulations to allow enterprises to use drones to their full potential. Additionally, developing a drone standard created and maintained by a non-profit entity is something that could help the market immensely.
Contact Visiongain for in-depth UAV market analysis & forecasts
If you want to make the right decisions in the UAV and aviation sector for the years ahead, Visiongain can give you the tools to create lasting success. With more than 1,500 reports available from more than 18 market verticals, our experts can give you the information you need to excel.
Contact Visiongain online today or call +44 (0) 20 7549 9987 to order your commercial UAV market forecast.
Various end-user industries often use recycled ABS as it is more costly to use new ABS.
28 November 2019
Abrasion resistance coatings are applied mostly in the power generating sector for wind turbine blades, pumps, concrete cooling towers, nuclear parts, containment vessels, generators, turbines, and dam construction,.
28 November 2019
The liquified natural gas (LNG) market has long been a mainstay as far as the cargo carrying industry is concerned. But as more commercial and marine applications present themselves, many are now deferring to LNG bunkering to stock fuel for commercial tanker vessels, ocean liners, and a variety of other applications. For this reason, LNG market share is experiencing an …
08 November 2019
The unmanned aerial vehicle (UAV) market is growing for many reasons, including increasing technology and applications, as well as lower manufacturing costs enabling more and more users access to UAVs. However, based on the most recent UAV market analysis data available, there are some important things to make note of and driving factors to monitor. This is especially key for …