India UAV Market Size & Growth Rate
The India UAV (Unmanned Aerial Vehicle) Market is projected to grow at a CAGR of 20.9% during 2020–2026, driven by rapid technological advancements, increased commercial adoption, and supportive government initiatives.
India UAV Market report comprehensively covers the market by product types and by end-users. The report provides an unbiased and detailed analysis of ongoing trends, share, opportunities, high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
India UAV Market Synopsis
India UAV Market witnessed substantial growth on account of accelerating awareness, technological advancement, and growing adoption of business UAVs across verticals such as investigation, monitoring, cinematography & photography and agriculture within the country. The eruption of COVID-19 has highlighted the importance of UAVs in Asian nation and would act in favour of the UAV trade within the upcoming years. The ministry of civil aviation and board of directors general of civil aviation (DGCA) launched the GARUD portal. The platform provides fast track exemptions to government agencies for using UAVs in their operations against the pandemic. UAVs were conjointly extensively employed by state governments to deliver necessities throughout the pandemic. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
According to 6Wresearch, India UAV Market size is projected to grow at CAGR of 20.9% during 2020-2026. Though, UAVs are widely accepted and implemented across several verticals in commercial segment, mapping & surveying holds the majority of revenue share for the year 2019 due to high accuracy and quality provided by such UAVs with relatively less manpower and low cost. On the other hand, surveillance holds the highest revenue share under military segment in 2019 owing to its use in security for rescue operations due to its easy accessibility in different geographical areas.
Market Analysis by Types
Based on types, in commercial and military segment rotary blade acquired the highest share for the year 2019 owing to its special advantage of vertical landing and take-off. Also, they may hover at one explicit purpose and square measure best fitted to the short-range applications.
Market Analysis by Range
By Range, Beyond Visual Line of Sight (BVLOS) segment has acquired a major chunk of the total market revenues in 2019 and is expected to grow as the true economic and social potential of the UAS technology could be harnessed by enabling Beyond Visual Line of Sight (BVLOS) operations and government is also planning to enable commercial BVLOS in near future.
Additionally, growing investment in public infrastructure and the organized retail sector's development would further drive the demand for India's UAV market over the coming years. Additionally, the pharmacy outlets are also recording significant growth in revenues due to the spread of the COVID-19 pandemic, which has resulted in increased usage of UAVs across hospitals and other healthcare centers.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Volume for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Range for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Volume, By Range for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenue, By Type for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Volume, By Type for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Commercial UAV for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Volume, By Commercial UAV for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Military UAV for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Volume, By Military UAV for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Military Application for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Commercial Application for the Period 2017-2026F
- Historical Data and Forecast of India Unmanned Aerial Vehicle (UAV) Market Revenues, By Regions for the Period 2017-2026F
- Market Drivers, Restraints, and Trends
- Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Player’s Revenue Shares
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
Thereportprovides a detailed analysis of the following market segments:
By Range
- Visual Line Of Sight 0-500 M
- Extended Visual Line Of Sight 501 M-2 Km
- Beyond Line Of Sight Beyond 2 Km
By Types
- Commercial UAV
- Fixed Wing UAV
- Hybrid UAV
- Rotary Blade UAV
- Others Balloon Single Rotor Etc
- Military UAV
- Fixed Wing UAV
- Multi Rotor UAV
- Others Balloon Single Rotor Etc
By Applications
- Commercial UAV
- Filming & Photography
- Inspection & Maintenance
- Mapping & Surveying
- Agriculture
- Surveillance & Monitoring
- Others (Environmental Conservation Search & Rescue Etc.)
- Military UAV
- Surveillance
- Emergency Communications
- Combat And Rescue Operations
- Others (Reconnaissance Battle Assessment Damage Weapon Delivery Etc.)
By Regions
- Northern
- Eastern
- Western
- Southern
