A type of aircraft operating without a human pilot is called unmanned Aerial Vehicle or UAV. It is also called drone. The growing need for UAV across different verticals, especially in agriculture and military sectors, are expected to escalate the sales of the UAV software. Moreover, UAV is observed to be deployed for public use, such as domestic surveillance and in executing firefighting. The growing applications of UAVs are expected to escalate the adoption of its software, thereby driving the its global market. UAV software is also contributing for remote sensing, photo and videography, disaster mitigation, and for recreational applications. In addition, it is playing a significant role in mineral, and oil exploration. These are other merits of UAV. As the utility of UAV surges, the adoption of UAV software is observed to escalate, which can benefit its market.
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Segmental Outline
Type and applications are broad categories based on which the UAV software market has been studied. By type, core software and auxiliary software are segments of the global market that are based on type. Widespread applications of core software are expected to contribute to the market surge. Military and civilian are market segments that are based on application. Drones or UAV have major contributions in military and defense. It aids in the collection of intelligence through surveillance and reconnaissance. In addition, it also contributes largely to the reduction in risk for loss of human life. The military segment is expected to exhibit a rapid expansion.
Detailed Regional Analysis
United States, Japan, China, India, EU, and Southeast Asia are countries that constitute the regional analysis of the UAV software market. North America is expected to secure the chief position in the global UAV software market. Increase in application of unmanned aerial vehicles serving military and commercial purposes is observed to be the prime driver of the North America UAV software market. The United States market is expected to gain prominence in the region. The residence of eminent UAV software developers and integration of UAVs in warfare solutions are factors that are likely to gain traction for the US market. The market in the Asia Pacific, followed by Europe, is anticipated to scale up in the coming years. The quick adoption of technological developments is likely to surge the APAC market.
Market Key Players
DroneDeploy Inc, Drone Volt, SenseFly, Skyward IO Inc, Pix4D SA, Esri, PrecisionHawk Inc, 3D Robotics, DreamHammer Inc, and Airware Inc are potent vendors of the UAV software market. The growing need for UAV software is encouraging key players to roll-out more capable versions of the software. Companies are making deliberate efforts to launch best software upgradation, which is concentrating competition among them. The rising fiction is likely to generate high revenue for the market.
Industry Update
September 2019
Boeing and the Navy conducted the first take-off of MQ-25 Stingray. It is Boeing’s carrier-based aerial refueling drone. Boeing is a megacorp of the aerospace industry.
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Table of Contents –Analysis of Key Points
1 UAV Software Market Overview
2 Manufacturers Profiles
3 Global UAV Software Market Competition, by Players
4 Global UAV Software Market Size by Regions
5 North America UAV Software Revenue by Countries
6 Europe UAV Software Revenue by Countries
7 Asia-Pacific UAV Software Revenue by Countries
8 South America UAV Software Revenue by Countries
9 Middle East and Africa Revenue UAV Software by Countries
10 Global UAV Software Market Segment by Type
11 Global UAV Software Market Segment by Application
12 Global UAV Software Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
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