Unmanned Aerial Vehicle or UAV market growth is buoyed by security concerns, predominantly, terrorist threats, border intrusion, and rise in the domestic crime rate; India recorded over crime 3 million incidences in 2016, growing from 2.2 million incidences in 2015. India is amongst the top countries in terms of UAV imports; India accounts for about 20% of the global UAV imports. Moreover, the Government of India's “Make in India” initiative is likely to push domestic manufacturing of these drones which would drive India UAV market forecast revenues over the coming years.
According to 6Wresearch, India UAV market size is projected to grow at a CAGR of 18% during 2017-23. UAV market in India is presently growing at a significant rate; wherein, in terms of volume, the mini-UAV segment acquired the majority of India UAV market share, followed by, medium, and long-range UAVs. Long Range UAVs (High Altitude-Long Endurance) segment is in the developing stage which is likely to enter the India market by 2021. Due to high-cost concerns, India is targeting more towards domestic manufacturing under the “Make in India” initiative. Rustom-H is most likely to be the first long-range UAV in the country. Rustom-H is expected to enter the market by the earliest 2021. In terms of end-user applications, the military application market held a major share in the overall market. Moreover, over the coming years, with upcoming clarification on DGCA regulation for commercial usage, the market is likely to register higher adoption in India.
Some of the key players in India UAV market include- Hindustan Aeronautics, Israel Aerospace Industries, Bharat Electronics, TATA Advanced Systems, Dynamatic Technologies, Larsen & Toubro, and Ideaforge.
The India UAV market report thoroughly covers the unmanned aerial vehicles market by Types, Range, and Applications. The India UAV market outlook report provides an unbiased and detailed analysis of ongoing India UAV market trends, opportunities high growth areas, market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics. In India UAV Market, takes place at a significant growth rate, there are mini-UAV segment takes a major share of the market, and the long-range and medium-range both follow the UAV. The Long Range has a UAVs (High Altitude-Long Endurance) segment.
India UAV market is anticipated to register sound revenues in the coming timeframe on the back of the rising wide scope application in the agriculture, and defense sector. The media and entertainment sector is nowadays widely using UAVs to take aerial shorts perfectly, where media users take a live view from height and are estimated to instigate the UAV deployment and are estimated to bolster the growth of the India UAV market in the coming timeframe. On the other side, the rising blogging concept is also being the top reason to afoot UAV especially travel vloggers to take the perfect picture as it could cover enough view and is estimated to contribute to the growth of India UAV market.
Key Highlights of the Report:
• India UAV Market Overview
• India UAV Market Outlook
• India UAV Market Size and India UAV Market Forecast of Revenues until 2023.
• Historical data of Global UAV Market Revenue & Volume for the Period 2015-2016
• Market Size & Forecast of Global UAV Market Revenue & Volume until 2023
• Historical data of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue & Volume for the
Period 2015-2016
• Historical data of India Medium Range UAV (Low Altitude-Medium Endurance) Market Revenue & Volume
for the Period 2015-2016
• Historical data of India Long Range UAV (Medium Altitude-Long Endurance) Market Revenue & Volume
for the Period 2015-2016
• Historical data of India Long Range UAV (High Altitude-Long Endurance) Market Revenue & Volume
for the period 2015-2016
• Market Size & Forecast of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue & Volume
until 2023
• Market Size & Forecast of India Medium Range UAV (Low Altitude-Medium Endurance) Market Revenue
& Volume until 2023
• Market Size & Forecast of India Long Range UAV (Medium Altitude-Long Endurance) Market Revenue
& Volume until 2023
• Market Size & Forecast of India Long Range UAV (High Altitude-Long Endurance) Market Revenue
& Volume until 2023
• Historical and Forecast data of the India UAV Market Revenues, By Military Application for the
Period 2015-23
• Historical and Forecast data of the India UAV Market Revenues, By-Law Enforcement Application
for the Period 2015-23
• Historical and Forecast data of the India UAV Market Revenues, By Media and Entertainment
Application for the Period 2015-2023
• Historical and Forecast data of the India UAV Market Revenues, By Precision Agriculture
Application for the Period 2015-2023
• Historical and Forecast data of the India UAV Market Revenues, By Other Applications for
the Period 2015-2023
• India UAV Market Revenues, by Range
• India UAV Market Trends and Developments
• India UAV Market Drivers and Restraints
• Porter's Five Forces Analysis, Industry Life Cycle, and Value Chain Analysis
• India UAV Market Share, by Players
• India UAV Market Overview on Competitive Landscape
• Key Recommendations
Markets Covered:
The India UAV market report provides a detailed analysis of the following market segments:
• By UAV Type
o Mini–UAVs (Low Altitude-Low Endurance)
o Medium-Range UAVs (Low Altitude-Medium Endurance)
o Long Range UAVs (Medium Altitude-Long Endurance, MALE)
o Long Range UAVs (High Altitude-Long Endurance, HALE)
• By UAV Range
o Mini-UAVs (under 3mi & 4mi-10mi)
o Medium Range UAVs (5mi-10mi & 11mi-20mi)
• By Applications
o Military Activities
o Law Enforcement
o Precision Agriculture
o Inspection and Monitoring
o Media and Entertainment
o Others
