An Unmanned Aeronautical vehicle (UAV), generally known as a Drone, is an aircraft without a human pilot locally available. It is either remotely controlled by a person or autonomously through inbuilt computers and controllers. The Drones have been used prevalently for military purposes. But the recent past has seen a sudden boom in the field of UAV applications for Business, recreational, scientific, Farming purposes like observation, item conveyances, elevated photography etc.
The UAV market is experiencing strong growth trends in developing countries because of the new and emerging needs for its application in many fields like military, commercial and personal purposes. With the Antisocial elements like terrorists getting their hands on more and more sophisticated technologies, is driving the increasing demand of UAVs for surveillance and security purposes. Governments are also adopting the UAVs for post disaster surveillance, search and relief operations as well as for aiding the Meteorological Department.
The UAVs are being used extensively for photography and film-making purposes and is currently one of the major markets for it as well. Moreover, the UAV application projects are attracting very high investments due to the high return nature of the business, though there are some risks involved. Due to high costs, Indian government is pressing the concept of “Make in India” and it is one of the major factors driving drone production in India.
Moreover, India is still in the process and the Indian market is planning to use UAVs for logistics purpose as well, as soon as the market in this segment stabilizes. But still, the operation has to go through stringent rules and regulations because of the risks associated with this market.
Some notable players in Indian Market includes Hindustan Aeronautics Limited., Asteria Aerospace, ideaforge, Aarav Unmanned Systems, Quidich, DJI, Cyberhawk, The Boeing Company, Aurora Integrated systems and Skylark Drone among others.
The Indian Unmanned Aerial Vehicle Market has been segmented by Application, by Size, by Type of Control, by Aerial Platform and key geographies. Based on Application type the market comprises of Commercial, Civil and Military. The research report “Indian Unmanned Aerial Vehicle market” provides in-depth analysis of the Indian Unmanned Aerial Vehicle market based on Application, Size, Type of Control, Aerial Platform and major geographies for the forecast period from 2018 to 2025.
The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Indian infertility treatment market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
Key questions answered in this research report:
1- At what pace is Indian Unmanned Aerial Vehicle market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Indian Unmanned Aerial Vehicle market?
4- What are the various application areas and how they are poised to grow?
• By Application
• By Size
• By Type of Control
• Remotely Controlled
• By Aerial Platform
• Single Rotor
• Multi Rotor
• Fixed Wing
• Fixed Wing Hybrid
• By Country
Leading Market Players
• Hindustan Aeronautics Limited.
• Asteria Aerospace
• Aarav Unmanned Systems
• The Boeing Company
• Aurora Integrated systems
• Skylark Drone
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