Unmanned Aerial Vehicle is a budding sector of the aerospace industry with great prospects and market demand that can be leveraged to high profitability in the near future. The global Unmanned Aerial Vehicle Market is witnessing a gradual but constant growth during past few years and is expected to reach US$ 7.5 Billion by the end of the year 2013 rising from US$ 4.5 Billion in 2009. Further, the revenue for Unmanned Aerial Vehicle is expected to experience a CAGR of 3.3% during the period of 2013- 2018.
Stressing on the present scenario in the upcoming market, Shushmul Maheshwari, CEO, RNCOS said that currently most of the expenditures on UAVs are dedicated for Research and Development activities. And moreover, the UAV market is evolving and manufacturers are in present fairly concentrated in the United States.
Our analysis suggests that this sector is being sought by a growing number of militaries worldwide. In addition to the military market, the market for civilian and commercial unmanned air vehicles is also growing. At present, 32 nations are developing over 250 models of Unmanned Aerial Systems and 41 countries are operating 80 types, mainly for reconnaissance activities. The industry with various degrees of autonomy is already being used and the potential for the new technology makes it evident that the unmanned aerial vehicles have a positive future.
Thus, UAVs are expected to have an extended presence although at a slower pace and reach impressive heights; the predictions on the show floor push the envelope even more.
RNCOS acts as your growth partner in all your business endeavors, be it product launching, geographic expansion, sales improvement, distributor/retailer tie-ups etc. We help make your business flourish by studying the market dynamics, collating with you business and devising the right strategies.
To get a complimentary copy of the white paper, please visit:
http://rncos.com/Industry-Whitepapers.htm
Rncos white paper global unmanned aerial vehicle market to reach us$ 8.4 billion by 2018
1. RNCOS White Paper: Global Unmanned Aerial Vehicle Market to Reach
US$ 8.4 Billion by 2018
“The revenue for Unmanned Aerial Vehicle market is expected to experience a CAGR of 3.3%
during the period of 2013- 2018” – RNCOS.
Unmanned Aerial Vehicle is a budding sector of the aerospace industry with great prospects
and market demand that can be leveraged to high profitability in the near future. The global
Unmanned Aerial Vehicle Market is witnessing a gradual but constant growth during past few
years and is expected to reach US$ 7.5 Billion by the end of the year 2013 rising from US$ 4.5
Billion in 2009. Further, the revenue for Unmanned Aerial Vehicle is expected to experience a
CAGR of 3.3% during the period of 2013- 2018.
Stressing on the present scenario in the upcoming market, Shushmul Maheshwari, CEO, RNCOS
said that currently most of the expenditures on UAVs are dedicated for Research and
Development activities. And moreover, the UAV market is evolving and manufacturers are in
present fairly concentrated in the United States.
Our analysis suggests that this sector is being sought by a growing number of militaries
worldwide. In addition to the military market, the market for civilian and commercial
unmanned air vehicles is also growing. At present, 32 nations are developing over 250 models
of Unmanned Aerial Systems and 41 countries are operating 80 types, mainly for
reconnaissance activities. The industry with various degrees of autonomy is already being
used and the potential for the new technology makes it evident that the unmanned aerial
vehicles have a positive future.
Thus, UAVs are expected to have an extended presence although at a slower pace and reach
impressive heights; the predictions on the show floor push the envelope even more.
RNCOS acts as your growth partner in all your business endeavors, be it product launching,
geographic expansion, sales improvement, distributor/retailer tie-ups etc. We help make your
business flourish by studying the market dynamics, collating with you business and devising
the right strategies.
To get a complimentary copy of the white paper, please visit:
http://rncos.com/Industry-Whitepapers.htm
ABOUT RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer
in syndicate market research, our vision is to be a global leader in the industry research space
by providing research reports and actionable insights to companies across a range of
industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive
industry research studies, bespoke research and consultancy services to Fortune 1000, Trade
associations, and Government agencies worldwide.
RNCOS E-Services Pvt. Ltd.
Shushmul Maheshwari
Chief Executive
B-129, Sector 6 Noida - 201301
