Over the past few years, there has been an increase in the use of Unmanned Aerial Vehicles (UAVs). The various advantages of UAVs are safety in airspace and their ability to enable the beyond visual line of sight operation. According to the market intelligence report by BIS Research titled, ‘Global UAV Sense and Avoid System Market-analysis and Forecast (2017-2022),’ the market for UAV sense and avoid system accounted the value $508.7 million in the year 2016 million, with commercial application holding the highest share. The prominent share of the commercial sector is attributed to the rise in demands of drones equipped with sense and avoid system across commercial applications such as inspection, delivery, first responder, and aerial imaging, among others.
At the inception of Unmanned Aerial Vehicle (UAV) in the 20th century, the UAVs were utilized specifically for military purposes. But with the passing time and advancements in various technologies, the UAVs now serve multiple purposes besides military application. The UAVs have witnessed a significant reduction in size and weight over the last decade, which has consequently reduced the cost of manufacturing. Besides these developments, the battery life has also been enhanced considerably along with the degree of autonomy for these vehicles. As a result of these developments, UAVs now have a wider range of applications in different commercial and non-commercial sectors. According to our recent market intelligence report ‘Global Unmanned Aerial Vehicle (UAV) Market Value and Volume: Analysis and Forecast (2017-2021)', the global UAV market accounted for a market value of $8.02 billion in 2016 with small UAVs holding the highest share.