Unmanned Aircraft Systems Market- By Product Type (Fixed Wing, Rotary Wing); By End User (Commercial, Consumer); By End User Applications (Agriculture, Law enforcement, Survey, Others)- Forecast 2020

Date: 2016-01

“Unmanned Aircraft Systems (UAS) industry is a budding industry currently in its growth phase. Global UAS market has been analyzed with respect to different parameters such as type, by endurance and based on various applications. On basis of type, overall market can be broadly classified into commercial and consumer UAS. These systems are used in wide range of applications which include agriculture, industrial, education, real estate, photography & videography, law enforcement & public benefit amongst others. Based on structure, these systems are classifies in to fixed wing and rotary wing UAS.
According to a recent study from IndustryARC the Unmanned Aircraft Systems market is expected generate combined revenue of $4.1 billion by 2020 of which nearly 63% is contributed by Commercial segment. Agricultural segment will remain as the dominant segment. However, law enforcement and public safety, industrial and earth observation segments display high growth rates.
Global UAS Market Revenue, By Geography, 2014 (%)

Source: IndustryARC Analysis and Expert Insights
The market has been segmented into four regions: Americas, Europe, Asia-pacific and Rest of the World. Market data of major countries in each region along with market share analysis and regulations is covered. Americas is the major markets for UAS systems followed by APAC. In 2014, Canada dominated the Americas region; however, by 2020 the U.S. is expected to dominate the Americas region. Liberalization of regulations for UAS operation in commercial sector is set to drive this market in the U.S.
The prominent players profiled in this report Da-Jiang Innovations Science and Technology Co., Ltd. (China), Lockheed Martin Corporation (U.S.), AeroVironment, Inc. (U.S.), Parrot SA (France), SenseFly SA (U.S.), 3D Robotics, Inc. (U.S.), Aeryon Labs Inc. (Canada).


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