Remote Sensing UAV Market by Application and Geography - Forecast and Analysis 2020-2024

The remote sensing UAV market size has the potential to grow by $ 680.39 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (defense and commercial and civil) and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including AeroVironment Inc., Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Sentera Inc., Thales Group, and The Boeing Co.

What will the Remote Sensing UAV Market Size be in 2020?

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Who are the Major Remote Sensing UAV Vendors?

The market is fragmented. AeroVironment Inc., Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Sentera Inc., Thales Group, and The Boeing Co. are some of the major market participants. Factors such as increasing demand for lightweight UAV payload, the emergence of miniaturized EO/IR systems, and preference for integrated c4isr system will offer immense growth opportunities. However, the vulnerability of UAVs to cyber risks, constraints associated with payload and endurance, and errors in remote sensing data may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this remote sensing UAV market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this remote sensing UAV market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• AeroVironment Inc.
• Elbit Systems Ltd.
• General Atomics
• Israel Aerospace Industries Ltd.
• Lockheed Martin Corp.
• Northrop Grumman Corp.
• Raytheon Technologies Corp.
• Sentera Inc.
• Thales Group
• The Boeing Co.

Which are the Key Markets for Remote Sensing UAV?

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The importance of 3D printing technology, the advent of alternative energy sources, and the rising use of composite-based UAV landing gears will significantly influence remote sensing UAV market growth in this region.

36% of the market's growth will originate from North America during the forecast period. The US is the key market for remote sensing UAVs in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the remote sensing UAV market size.

What are the Key Factors Covered in this Remote Sensing UAV Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will remote sensing UAV market growth during the next five years
• Precise estimation of the remote sensing UAV market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the remote sensing UAV industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of remote sensing UAV market vendors

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