North America Unmanned Aerial Vehicles (UAV) Market is expected to reach $6,776.9 Million by 2019, at a CAGR of 7.7% from 2014 to 2019

FORT WORTH, Texas, May 5, 2015 /PRNewswire/ --

The North American UAV market size is estimated to grow to $6,776.9 million by 2019 at an expected CAGR of 7.7% during the forecast period from 2014 to 2019.

Browse through the TOC of North America Unmanned Aerial Vehicles (UAV) Market for an analysis of industry trends and segments, with the help of various tables and figures.

http://www.micromarketmonitor.com/market/north-america-uav-7243208521.html

Early buyers will receive 10% customization on this report.  

This report comprehensively covers the North American UAV market, which has been segmented on the basis of class types, applications, and countries. The major class types include strategic UAVs, special purpose UAVs, small UAVs, and tactical UAVs. By application, the market has been categorized into military, civil & commercial, and homeland security applications. The major countries covered in the report are U.S. and Canada.

Demand for UAVs is dependent on the defense and civil & commercial sectors in a particular region. The military application comprises 67% share in the total North American UAV market. Different class types of UAVs are used for various critical military applications, such as ISR missions. UAV manufacturers are focused on reducing the weight and size by investing on R&D activities to develop innovative UAV technologies, which would help in improving the overall operational efficiency.  

Speak to Analyst @  http://www.micromarketmonitor.com/contact/7243208521-speak_to_analyst.html

Driving factors such as increase in UAV demand for military applications and increasing use for civil & commercial applications are boosting the UAV market, worldwide. Growth in this market will continue to depend largely on UAV defense expenditure as defense forces are the major end users. The strategic UAV market size is estimated to be the largest throughout the forecast period from 2014 to 2019 compared to other class types.

Report Subscription: 

MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Aerospace & Defence industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Aerospace & Defence industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

http://www.micromarketmonitor.com/offerings/subscription

About MicroMarket Monitor: 

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact:
Mr. Chandrasekhar K. 
5601 Bridge Street 
Suite 300 
Fort Worth, TX 76112 
Tel: +1-888-502-0539 
Email: [email protected]

SOURCE MicroMarket Monitor

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED