UAV Drone IndustryDrone Payload Market to grow by USD 6.65 billion from 2020 to 2025 | Increasing funding for UAV manufacturers to drive growth

December 3, 2021by helo-10
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Drone Payload Market: Drivers

Increasing funding for UAV manufacturers, improvements in regulatory frameworks related to drone operations & rising drone applications are notably driving the drone payload market growth. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

Drone Payload Market: Challenges

In spite of the rising demand for drone applications, the issues related to drone safety and security, restrictive laws & regulations governing UAVs, and the use of short battery life and low payload-carrying capacity of drones may hamper the growth of the market. The actionable insights on the challenges will help companies evaluate and develop growth strategies for 2021-2025.

Drone Payload Market: Key Vendors

The drone payload market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The drone payload market report also offers information on several market vendors, including AeroVironment Inc., ATL Global Holding AG, BAE Systems Plc, Elbit Systems Ltd., Flyability SA, GoPro Inc., Parrot Drones SAS, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., and The Boeing Co. among others.

Drone Payload Market: Segmentation Analysis

This market research report segments the drone payload market by End-user (Defense and Commercial) and Geography (North America, Europe, APAC, MEA, and South America).

32% of the market’s growth will originate from Europe. France, Germany, and the UK are the key markets for the drone payload market in Europe. Increasing funding for UAV manufacturers will facilitate the drone payload market growth in Europe over the forecast period.

 For more insights on the market share by various regions – Request a free sample report

Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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Drone Payload Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13.94%

Market growth 2021-2025

USD 6.65 billion

Market structure

Fragmented

YoY growth (%)

12.97

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

Europe at 32%

Key consumer countries

US, China, France, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AeroVironment Inc., ATL Global Holding AG, BAE Systems Plc, Elbit Systems Ltd., Flyability SA, GoPro Inc., Parrot Drones SAS, SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., and The Boeing Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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