UAVs (Unmanned Aerial Vehicles) are one of the important components of UAS (Unmanned Aerial System) commonly known as drone. The ground-based controllers control the autonomous aircraft, which are well-equipped with on-board computers. With the desired navigation system, the aerodynamic structures are made to perform several functions. The technology was mainly used for dangerous military missions where human life are saved from many military applications. Defense UAV are highly equipped with missile for hitting the targets that operate at high altitude. Also, defense UAVs go for longer operations since it uses liquid hydrogen for fuel, which acts as a modified propulsion system. These are mainly employed in observing behavior, enemy troop tracking and other information collection. Giant companies are highly investing in R&D in UAV technology during the past few years. The use has expanded too many applications such as commercial, recreational, Scientific and other civil services. UAVs are used to gather a lot of information in disaster relief, vegetation monitoring and forest monitoring. These days’ consumer drones are mainly used for surveying, aerial mapping and cinematography.
The major factors driving the growth of the UAV Market
There is a driving growth for UAVs in military applications. Due to the emergence of drone technology and several other capabilities of it there is a strong demand for UAV in numerous countries. Numerous countries are registered for UAVs, due to an increase incident of enemy border crossing and trespassing. UAVs are designed to perform many activities such as surveillance, reconnaissance, and intelligence in various missions. At the predefined target areas the aerodynamic structure are designed for airstrike. It is estimated around 50 countries developed and purchased their version of military drones to stop terrorism and prepare for war in the future. The US, Israel, the UK and China are some major countries operating in the drone market. The US has the major capacity for producing armed drones. These are the key factors, which project to market growth of UAVs in the future. There is an emergence of commercial drone applications to propel the growth of the market. Most of the industries have registered for UAV drone to get large amount of information for the wanted strategic decisions. It has become the fastest growing market in the commercial sector along with its applications such as agriculture, oil and gas, mining and construction. It is very helpful to the construction industry as it can be used for observing, inspection, surveying and mapping.
Trends influencing to the growth of the market
There is a rise in demand of the UAVs in the military applications, which fuel the growth of the market. Many countries have used drone for more than a decade. The most widely used UAV is the predator UAV. Land forces currently employ small drones on regular basis. Numerous companies are working on small and large drone technology to incorporate into their military force. There is an increase in demand for surveillance solutions, which is expected to drive the UAV market. The security of key institutions is improvised by access control system and advanced video surveillance.
There is an increase in demand for UAV in military applications. Increase in deployment of UAV (unmanned Aerial Vehicle) to carry out aerial remote sensing. The challenges faced by UAV are consumer acceptance and health issues caused because of the noise generated from the UAV. In the non-military application’s consumer acceptance play an important role in the adoption of UAV. The use of drones for commercial applications is still in the beginning stage while in some countries like Pakistan they are still not accepting. Consumers mainly concern on efficient delivery of parcels, Chances of theft, and damage to them due to weather conditions are all challenges to the drone, which hinders the market growth. Manufacturers of UAV witness risks of losing parcel owing to the absence of insurance coverage of the parcel. Commercial airline accidents are difficult to see it before even after using most advanced modelling tools.
IAI (Israel Aerospace industries) has been awarded a USD 200 million worth contract in order to provide services for the Heron Unmanned Aerial Vehicle. Heron is mainly manufactured to carry out the surveillance operations, and reconnaissance and it is a medium altitude long endurance (MALE) UAV system. Teledyne FLIR LLC awarded a USD 15.4 million contract from the US army for delivering the Black Hornet 3 UAV (Unmanned Aerial Vehicle). The black hornet 3 weighs 33g and is 168 mm in length with 123 mm rotor diameter.