NEW YORK, Oct. 6, 2014—The global small UAV market is estimated to be $218.10 million in 2014 and is expected to be $582.20 million by 2019. The market demand for small UAV technology is increasing because it is considered as an effective, low-cost alternative to manned aircraft.
The market overall has numerous players for mini UAVs from Europe and the U.S. The players from these regions have the technical know-how and have the capability to bring updated applications in the market. The current trend of the market is its transition towards faster and efficient payload systems that have the ability to reduce the weight of the UAV significantly.
This report provides a complete analysis of small UAVs for civil, military and security applications for the next five years. It also gives insight into the regional trends for spending and analyzing the market share. It provides in-depth analysis of small UAVs on the basis of various payloads used like nuclear, biological and chemical detection, meteorology, telemetry systems and camera systems. It talks about the leading competitors in the small UAV market and apart from the general overview of the companies; it also provides financial analysis, products & services, and key developments.
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