May 29 2015
Research and Markets has announced the addition of the "North America Unmanned Aerial Vehicles (UAV) Market by Class Type, by Application, by Geography - Analysis and Forecast to 2019" report to their offering.
The UAV market is very dynamic and new technologies have evolved over the years to reduce the overall weight and size of UAVs. Light-weight and compact UAV lead to better usage, ultimately leading to improved operating efficiency, required for military applications. Moreover, technological advancements in UAV sub-components and sub-systems including efficient payloads and advanced ground control stations are the main areas of interest for various U.S. manufacturers to invest in, to develop innovative and competent UAVs.
The U.S. dominates the North American UAV market and is expected to remain a major market in the next five years. It was estimated to account for a market share of 96% in 2014. On other hand, Canada is expected to be the fastest-growing UAV market in North America over the next ten years.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in this report. These numbers are arrived based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders, such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in the North American UAV market has been covered in this report.
Source: http://www.researchandmarkets.com/