A report on the Unmanned Aerial Vehicle (UAV) Market published by Market sand Markets, intelligence and market research company on 29 October 2019, concluded: “The Asia Pacific is projected to be the fastest-growing market for UAVs during the forecast period (2019-2025).”
The growth is forecast across both the military and civil sectors. While there will be undeniable high civil sector growth, the report points out that it will be the military budgets from countries such as China, India, and Japan that have been “increasing on a yearly basis, which has subsequently led to the adoption of military UAVs, as they assist in the collection of battlefield data.”
The report highlights the increasing development of flight control systems together with advances being made in sense and avoid that will drive the adoption of UAVs forward.
In the military, not subject to commercial regulations, there will be a significant increase in the beyond line of sight (BLOS) segment of the market due to the need for UAVs to be capable of longer ranges and greater endurance.
According to the report: “Based on mode of operation, the fully autonomous UAVs segment is projected to grow at the highest CAGR during the forecast period.”
Unmanned naval rotorcraft
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