TechNavio today launched its report Global Unmanned Aerial Vehicle Market 2011-2015 based on an in-depth study covering the Americas, and Europe and the Middle East regions. The report aims to aid decision makers’ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”The Global Unmanned Aerial Vehicle (UAV) market is expected to witness increasing demand for advanced UAVs in the near future. Therefore, to increase the capabilities of UAVs, the Global Defense industry is investing extensively in R&D activities, which has resulted in the development of technologies to augment the endurance and survivability of UAVs. As a result of emerging technologies and changing environments, UAV manufacturers are investing in new UAV technologies.”
According to the report, the growth of the Global UAV market is driven by new product launches by various companies competing in the market. For instance, AV introduced the Qube portable UAV for use in public safety applications such as law enforcement and first response. The system targets will provide a portable aerial vantage point to help public safety workers perform their duties more safely and effectively. Furthermore, such new product launches could add value to profitable sales growth in the future.
Further, the report also discusses that one of the main challenges that the UAV vendors face is the rapid evolution of new technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/fIlWi
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global Unmanned Aerial Vehicle Market 2011-2015
