Global Civilian Drones Market Estimated to Grow at 28% CAGR from 2015-2019

Technavio has published a new report on the global civilian drones market, which is expected to grow at a CAGR of over 28% from 2015-2019.

About the Report

As per the new market analysis report by Technavio, drones are increasingly being used in environment which is unsafe and hazardous for humans. They can be used for search and rescue operations, crisis mapping, providing relief packages to the disaster struck people, and transporting cargos.

“Drones have already been deployed during the rescue operation in Haiti earthquake in 2010 and are also being used by Japanese Atomic Energy Agency for measuring the radiation emissions from Fukushima Daiichi plant,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the growing adoption of drones in e-commerce companies. The use of drones will lead to fast and hassle free deliveries, which will lead to customer satisfaction.

“It is very likely drones will replace carriers in the future and companies will also be less relied on manpower, which will significantly reduce their expense on logistics,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the global civilian drones market from 2015-2019. To calculate market size, the report considers revenue generated from sales of drones from different applications like government, agriculture, fishery, and forestry, geological surveys, and others.

Key Information Covered in the Report:

• Key Vendors:
  • 3D Robotics
  • Aeryon Labs
  • Aibotix
  • DJI
  • Parrot
  • Walkera
• Market Growth Drivers:
  • Growing demand for agricultural crop surveillance
  • For a full detailed list, view our report.
• Market Challenges:
  • Higher chances of accident
  • For a full detailed list, view our report.
• Market Trends:
  • Growing adoption in E-commerce companies
  • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the automation market:

• Global Industrial Automation Services Market 2015-2019
• Global Building Automation and Control Systems Market 2015-2019

Source: http://www.technavio.com/