Europe Commericial Drone Market by Applications,Share & Growth Trends to 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-22
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Europe Commericial Drone Market by Applications,Share & Growth Trends to 2024

As per the latest report by Graphical Research titled “Europe Commercial Drone/Unmanned Aerial Vehicle (UAV) Market to grow at over 24% CAGR up to 2024. The advancements in the design and technology of UAVs are driving the market growth. The deployment of intelligence algorithms in UAVs is developing myriad opportunities and new avenues for the commercial use of drones. The decline in the prices of the drones over the past decade has also fueled its demand for commercial applications. Furthermore, the legalization and adoption of commercial drones in the market by government authorities have also brought many new valuable avenues for the business and usability in the market.

Sample of this report @ https://www.graphicalresearch.com/request/1016/sample

However, there are certain applications of the UAVs that are still in the testing phase. The safety and security issues associated with the use of UAVs are among the major factors hindering the market growth. Moreover, stringent government regulations related to the range and payloads are also among the major constraints in the market growth.

Emergency management has emerged as one of the most important applications of drones. This growth is attributed to advancements in the drone technology over the years such as artificial intelligence in drones, the advent of IoT-based drones, and high-resolution cameras.

The Europe commercial drone market consists of both multinational companies with a wide product portfolio and regional players or SMBs that offer niche products and services. Some of the major market players are DJI, Parrot, 3D Robotics, Yuneec International, Cyber hawk Innovations Ltd., Intel Corporation, and senseFly.

The UK is estimated to witness a gradual growth in the commercial drone market due to its stance in the development and testing of commercial applications of civilian drones. The country with the authorization of The Civil Aviation Authority (CAA) in 2016 relaxed some of its rules and regulations concerned with applications of UK drones for commercial trials after requests from Amazon to test its Prime Air delivery services. This even included the operation of vehicles beyond VLOS and the use of anti-collision technology.

Browse key industry insights from this report @

https://www.graphicalresearch.com/industry-insights/1016/europe-commercial-drone-unmanned-aerial-vehicle-UAV-market

Segments We Cover:

Europe Commercial Drone Market, By Product
Fixed Wing Drone
Rotary Wing Drone
Hybrid Drone

Europe Commercial Drone Market, By Technology
Remotely Operated Drone
Semi-autonomous Drone
Autonomous Drone

Europe Commercial Drone Market, By Application

Aerial photography
Agriculture
Emergency Management
Inspection & Monitoring
Remote Sensing & Mapping
Wildlife Research & Preservation

Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1016/inquiry-before-buying

The above information has been provided for the following regions and countries:

UK
Germany
France
Italy
Spain
Netherlands
Russia

Related Reports:

  1. North America Commercial Drone/Unmanned Aerial Vehicle (UAV) Market Size By Product (Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone), By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Application (Aerial Photography, Agriculture, Emergency Management, Inspection & Monitoring, Remote Sensing & Mapping, Wildlife Research & Preservation), Industry Analysis Report, Countries Outlook (U.S, Canada), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
     
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About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Corporate sales,
Graphical Research
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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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