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.
Visiongain’s new report the Oxygen Therapy Market Report 2020-2030: Forecasts by Product (Oxygen Source Equipment, Oxygen Delivery Devices, Static, Dynamic), By Application, By End-use) plus analysis of leading companies indicates that the global oxygen therapy market will grow at a CAGR over 10.0% by 2030. The main drivers of the industry were increased incidences of chronic respiratory diseases coupled with …
23 January 2020
Visiongain’s new report the Osseointegration Implants Market Report 2020-2030: Forecasts by End Use (Ambulatory Surgical Centers, Hospitals, Dental Clinics), By Product (Dental, Knee, Hip, Spinal Implants) plus analysis of leading companies indicates that the global osseointegration implants market will grow at a CAGR over 7.0% by 2030. The growth in the geriatric population, the troubling rise in road accidents and …
23 January 2020
Visiongain’s new report the Oral Care Market Report 2020-2030: Forecasts by Product (Mouthwash, Toothbrush, Toothpaste, Denture Products, Accessories) plus analysis of leading companies indicates that the global oral care market will grow at a CAGR over 4.6% by 2030. Growing awareness of dental hygiene and increasing prevalence of dental caries is expected to drive the market. In order to raise …
23 January 2020
The Advanced Combat Helmet Market Report 2020-2030: Forecasts By Application (Defense, Law Enforcement Agencies, Homeland security), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry. Global Advanced Combat Helmet Market is expected to reach $5.2 Billion by 2030 from $1.72 Billion in 2018, growing at a CAGR …