BIS Research - Emerging Technology Market Intelligence

UAV Market Expanding with the Widening Applications of UAVs in Commercial Sector

Jan 24, 2018 5:29:38 AM / by BIS Research posted in Commercial UAV Market Share, Global UAV market, Global UAV Market Analysis & Forecast, Global UAV Market Size, Global Unmanned Aerial Vehicles (UAV) Market, Robotics & UAV, 2016-2021, Commercial UAV Market, Global Drone Market, Large UAV Market, UAV Market share, Small UAV Market, UAV Market, uav market forecast, UAV Market size, Unmanned Aerial Vehicles Market, unmanned aerial vehicles market share

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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.

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Regulatory Sanctions for Commercial UAVs: The Global Stance

Aug 14, 2015 4:24:54 AM / by BIS Research posted in drones market, Agriculture & Food Tech, drones market research, uav market report, uav market analysis, uav market forecast

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The Unmanned Aerial Vehicle (UAV) is now flourishing into a wide array of applications around the world. On the production side of the story, the UAV/drone industry is progressing at a rapid rate, with hi-tech and technologically superior products being launched frequently for a variety of purposes. However, as the production process moves towards the legitimate side of things, the ambiguous state of affairs in the UAV industry comes into the picture. In many regions, legislators and the associated governmental entities have been lagging in keeping up with the technological changes in the industry.

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Rise of the Drones

Aug 12, 2015 5:26:32 AM / by BIS Research posted in Agriculture & Food Tech, drones market report, drones market research, uav market report, unmanned aerial vehicle market, Market Research Report, uav market forecast

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The propelling development of UAV, what is known as an Unmanned Aerial Vehicle, is a testament to the current trend of the market warming up to novel, innovative forms of technology, followed by a gradual increase in its demand. The term UAV was officially modified to Unmanned Aircraft System (UAS) to encompass the complex ground-level systems and elements behind these vehicles.

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