Report ID: UCMIG20A2012
Report ID:
UCMIG20A2012 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Increasing penetration of data analysis, data acquisition and real-time inspection by UAV services for various industrial applications is driving the growth of the market. The introduction of advanced infrared cameras on drones has helped farmers reduce crop damage and increase productivity due to their highly accurate image quality. The drone is used in various agricultural processes such as crop protection aquaponics, crop rotation and organic farming. In addition, artificial intelligence, cloud computing services and other technologies in drones are driving the growth of the market. New innovations in drone cameras are driving the growth of drone camera market. Innovative new drones feature patented inflatable structures and a variety of sensors used for various missions such as search and rescue missions.Newer technology drones are equipped with a 3-axis gimbal that helps them smooth out the vibration and turbulence they encounter, especially when trying to hover over different surface planes.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Aerospace & Defense by segment aggregation, the contribution of the Aerospace & Defense in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG20A2012