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In a recent published report, Kenneth Research has updated the Asia Pacific Unmanned Aerial Vehicle (UAV) Market report for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Asia Pacific Unmanned Aerial Vehicle (UAV) Market products.
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Unmanned aerial vehicles (UAVs) are also called drones or unmanned aircraft systems (UASs). Asia Pacific unmanned aerial vehicle market will grow at a 2020-2026 CAGR of 13.8% with an addressable cumulative market value of $37.42 billion over the next 7 years.
Highlighted with 68 tables and 52 figures, this 222-page report“Asia Pacific Unmanned Aerial Vehicle (UAV) Market 2020-2026 by Offering, Frame, MTOW, Technology, Range, Class, End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific unmanned aerial vehicle market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. In this report 2019 is the base year for market analysis with estimates and forecast covering 2020-2026. (Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Asia Pacific unmanned aerial vehicle market in every aspect of the classification from perspectives of Offering, Frame, MTOW, Technology, Range, Class, End User, and Country.
Based on offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Hardware (further segmented into Frame, Payloads, Avionics, Propulsion, Controller System, Other Systems)
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Based on frame, the Asia Pacific market is segmented into the following sub-markets with annual revenue and unit shipment for 2019-2026 included in each section.
• Fixed Wing Drones
• Rotary Blade Drones
• Nano Drones
• Hybrid Drones
Based on maximum take-off weight (MTOW ), the Asia Pacific market is segmented into the following sub-markets with annual revenue and unit shipment for 2019-2026 included in each section.
• > 600 Kg
• 150-600 Kg
• 25-150 Kg
• < 25 Kg
Based on technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue and unit shipment for 2019-2026 included in each section.
• Remotely Operated
Based on range , the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Visual Line of Sight (VLOS)
• Extended Visual Line of Sight (EVLOS)
• Beyond Line of Sight (BLOS)
Based on class, the Asia Pacific market is segmented into the following sub-markets with annual revenue and unit shipment for 2019-2026 (historical and forecast) included in each section.
• Small UAVs
• Strategic & Tactical UAVs
• Special-purpose UAVs
Based on end user , the Asia Pacific market is segmented into the following sub-markets with annual revenue and unit shipment for 2019-2026 (historical and forecast) included in each section.
• Consumer (further segmented into Prosumers and Hobbyists)
• Commercial (further segmented into Agriculture; Real Estate, Geology and Infrastructure; Insurance Industry; Energy Sector; Industry and Manufacture; Logistics and Retail; Other Verticals)
• Military (further segmented into High-Altitude Long-Endurance (HALE) UAVs, Medium-Altitude Long-Endurance (MALE) UAVs, Small Tactical Unmanned Aircraft Systems (STUAS), Unmanned Combat Air System (UCAS))
Geographically, the following national/local markets are fully investigated:
• South Korea
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
For each of the aforementioned countries, market analysis and revenue data are available for 2019-2026. The breakdown of major national markets by Frame, Range, and End User over the study years (2019-2026) is also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia Pacific unmanned aerial vehicle market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
3D Robotics Inc.
AgEagle Aerial Systems Inc.
Alibaba Group Holding Limited
Ascending Technologies GmbH
Aurora Flight Sciences
Aviation Industry Corporation of China (AVIC)
BAE Systems plc
Challis Heliplane UAV Inc
China Aerospace Science and Technology Corporation (CASC)
Cyberhawk Innovations Ltd.
Dajiang Innovation Technology Inc. (DJI)
Delta Drone S.A.
Eagle UAV Services
Elbit Systems Ltd.
FT SISTEMAS S.A.
General Atomics Aeronautical Systems
General Dynamics Corporation
Guangzhou Geeklink Intelligent Technology Co., Ltd. (Xaircraft)
Hubsan Technology Co., Ltd. (China)
Israel Aerospace Industries
Kratos Defense & Security Solutions, Inc.
L-3 Communications Holdings Inc.
Marcus UAV Inc
Navmar Applied Sciences Corporation
Northrop Grumman Corporation
Prox Dynamics AS
Proxy Technologies Inc.
Trimble Navigation Ltd.
URSULA Agriculture Ltd
Walkera Technology Co., Ltd.
Yamaha Motor Co., Ltd.
(Please Note: The report will be updated before delivery to make sure that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
The Market report answers the following questions:
What is the aim of the report?
- The market report presents the estimated market size of Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
- Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
- An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
- The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
- The various parameters accelerating the growth of Market are incorporated in the research report.
- The report analyzes growth rate, market size and valuation of the Market during the forecast period.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Playes
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter's Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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About Kenneth Research:
Rated as one of the best multi-client reselling agencies, Kenneth Research provides a single platform for insights on numerous industries for investors and companies who are willing to expand their business. The platform caters to industries that include Healthcare and Pharmaceuticals, Chemicals, ICT and Telecom, Energy and Power, Automotive and Transportation, and several others, and offers the best strategic business consultancy services at a global level.
Name : Kenneth research
Phone: +1 313 462 0609
Eli is a freelance writer and possess double graduation degree in physics and chemistry. She is an intense writer covering everything for Science and Tech to Business, Entertainment, Sports and Lifestyle.
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