Drones Market Set to Grow During Period from 2017 to 2028
The key players in the market of drone’s are- General Atomics (U.S.), Aurora Flight (U.S), AeroVironment Inc. (U.S.), BAE Systems PLC (U.K.), Denel Dynamics (South Africa), Draganfly (Canada), Elbit Systems Ltd. (Israel), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Northrop Grumman (U.S.), DJI (China) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Drones market.
DJI expects its sales
will reach RMB 18 billion ($2.7 billion) in 2017. Sales in 2016 increased by
65% year on year breaking the RMB 1 billion point. Consumer drones accounted
for 80% of the profit. In 2018, DJI is planning on expanding its staff with
special attention to the agriculture sector. The company has recently upped its
stakes in the agricultural drone area by lowering the price of its drones by
12%
Drones Market Global
Market - Overview
Drones or Unmanned
Arial Vehicles (UAV) are a type of aircraft that is controlled by pilots
remotely. These aircraft can be programmed for specific and critical missions.
These drones provide ultimate accuracy and help to complete the mission with
minimum error and lesser damage to human lives. Drones play very important role
in the defence sector of any country, as it can give optimum result without
loss of human life. Draganfly showcased the new drone for law enforcement
agencies in US. Technological advancement in the defence sector is driving the
market. Aurora Flight announced launch of world’s fastest 3D printed drone is
ready for flight. This drones can reach speed of 150MPH.
Industry News
January 2018, Drone
deliveries: Tech giants using Australia as a drone testbed, including Google’s
Project Wing. Alphabet’s research and development facility, formerly known as Google
X, launched two commercial drone delivery trials in Australia. The trials, as
part of the company’s Project Wing, have seen deliveries of Guzman y Gomez
Mexican food and healthcare and over-the-counter medicine from Chemist
Warehouse delivered to residents in Queanbeyan, New South Wales, and Canberra.
January 2018, Indian
Railways to go hi-tech, will soon use drones for crowd management at
stations. Indian Railways is all set to get eyes in the sky as it prepares to launch
drones over stations across the country in a bid to regulate passengers. The
drones are expected to help officials control crowds at railway stations better
- especially during festival seasons when major cities see a rise in footfall.
The bird's eye view will help in better regulation of people and identify
potentially dangerous situations in and around stations in the country. A trial
has already been completed and Railways has put these machines to use in three
divisions in Jabalpur
December 2017, US
Military tests system for on-demand 3D-printed drones. The US Army is
partnering with the Marine Corps on a test project that lets troops 3D-print
particular drone parts from a tablet-based catalog, which could eventually lead
to manufacturing UAVs customized to the mission. The software catalog setup
lets military units print out an unmanned aircraft system for specific
missions. The Army Research Laboratory expects the turnaround time to create
UAV parts to be anywhere from minutes to hours, rather than days or weeks.
December 2017, Boeing
unveils a drone capable of landing on an aircraft carrier, as Navy competition
heats up. Boeing recently offered a first glimpse of its newest military aircraft,
a large, stingray-shaped drone it hopes will win an intense Navy competition to
build an uncrewed aircraft capable of landing on an aircraft carrier. In
addition to Boeing, two of the Pentagon’s top suppliers, General Atomics and
Lockheed Martin, are also vying for a contract to build as many as 76 of the
vehicles that would become operational in the mid-2020s.
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Drones Market Global
Market - Segmentation
Segmentation by Drones
Type: very small drones, small drones, medium drones, and large drones
Segmentation by
Applications: Aerospace and defence, agriculture, transportation, inspection and
monitoring, media and entertainment, government.
Segmentation by
region: North America, Europe, Asia Pacific, Latin America, Middle East &
Africa.
Drones Market Global
Market - Regional Analysis
North America is
dominating the market of Drones. The main reason behind this is investment of
government in defence sector. Europe stands as second biggest market. PwC has
launched a UK drone team as it eyes increasing demand from investors, local
authorities and companies for real-time data that can be more easily obtained
by unmanned flight systems than by humans. Asia-Pacific stands as third biggest
market for Drones. UK firm building autonomous drone which will get you from
Heathrow to central London in 12 minutes. The Shenzhen-based drone maker, DJI
is currently the world’s top seller of consumer drones, with a global market
share of 70%
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