Small Drones Market

Date: 2016-05

Drone refers to a UAV (unmanned aerial vehicle), and also referred to as an unpiloted aerial vehicle and a remotely piloted aircraft or simply we can consider it as a flying robot. Unmanned aircraft systems (UAS) are an aircraft and its associated elements, which are operated with no pilot on board. Drones are used in a situations or conditions where manned flight is considered to be too risky or harmful.

The global small drones market has grown from USD XX Billion in 2015 and projected to grow about USD XX Billion by 2020, at a CAGR of XX% during the forecast period because the geographical information regarding the manufacturing and utilization of small drones is extensively increasing from a past decade. Many countries have taken up the use of drones in the field of army and the information shows us about the usage of drones in order to target the other countries. Among the major countries, U.S.A occupies the first position to approve the usage of drones, followed by Britain, Germany, and Poland and so on. As such even India started using the drone market for both defense as well as commercial applications. But there are some drone strikes across the globes where a survey explains that all the developed countries approves the utilization of drones whereas the developing countries partially approve the drone strikes. India tops the list of drone importing countries wherein India bought X% of the world鈥檚 unmanned aerial vehicle imports between 1985 and 2016.

The applications of this particular small drones may be seen in different fields such as defense, mining, automotive industries, chemical industries etc, the major utilization of drones can be seen where there is an involvement of human risks. Small drones for example are: agriculture, mining, pipeline and power inspection, highway monitoring, natural resources monitoring, atmospheric research, media and entertainment, sport photos, filming, wildlife protection, disaster relief, geographical information system, defense applications.

The environments of utility of drones are not same. Owing to the dynamism of the market and new technology there is a vast development in the utility as well as manufacturing of small drones when compared to few decades ago. Being small drones which are sub-segment of the unarmed aerial vehicles, these products are constantly evolving and experiencing a rapid upsurge in terms of technological advancements, increasing automation. The drivers of this small drones market may vary with respect to time but some of the constant drivers of this particular market are majorly its components manufacturing companies as well as also the technological advancements. Few of the drivers of this particular market are the growth of global positioning system (GPS), frame manufacturing companies and technological advancements.

The major application of small drones is in the field of defense where there is an involvement of human risks. So, the usage of drones in the place of humans may reduce the loss of human lives and even a better targeting and precision can be achieved. Some believe that the asymmetry of fighting humans with machines that are controlled from a safe distance lacks integrity and honor that was once valued during warfare. Others feel that if such technology is available, then a moral duty exists to employ it to save as many lives as possible. Drones are seen by many in the military as delivering precision strikes without the need for more intrusive military action. Security and Control, Battlefield Management can be achieved perfectly at any instant of time.

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