Europe Commercial Drone Market analysis based on Product, Application by 2024

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Unmanned Aerial Vehicle (UAV) Market in Europe is
projected to surpass 2bn by 2024 Graphical
Research
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2

Key Insights from EuropeUnmanned Aerial Vehicle
(UAV) Market

• Graphical Research says, Europe Unmanned Aerial
  Vehicle (UAV) Market to reach USD 2bn by 2024
• The deployment of intelligence algorithms in UAVs
  is developing myriad opportunities and new
  avenues for the commercial use of drones.
• The decline in the prices of the drones over the
  past decade has also fueled its demand for
  commercial applications.
• The safety and security issues associated with
  the use of UAVs are among the major factors
  hindering the market growth.
• Stringent government regulations related to the
  range and payloads are also among the major
  constraints in the market growth.
• Growth is attributed to advancements in the drone
  technology over the years such as artificial
  intelligence in drones, the advent of IoT-based
  drones, and high-resolution cameras.

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reserved.


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3

Continued...

• The UK is estimated to witness a gradual growth
  in the commercial drone market due to its stance
  in the development and testing of commercial
  applications of civilian drones.
• The country with the authorization of The Civil
  Aviation Authority (CAA) in 2016 relaxed some of
  its rules and regulations concerned with
  applications of UK drones for commercial trials
  after requests from Amazon to test its Prime Air
  delivery services.
• The Europe commercial drone market consists of
  both multinational companies with a wide product
  portfolio and regional players or SMBs that offer
  niche products and services.
• Some of the major market players are DJI, Parrot,
  3D Robotics, Yuneec International, Cyberhawk
  Innovations Ltd., Intel Corporation, and senseFly.

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reserved.


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Europe Commercial Drone/Unmanned Aerial Vehicle
(UAV) Market
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reserved.


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Browse Full Market Research Report On Europe
Unmanned Aerial Vehicle (UAV) Market _at_
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of this Research Report _at_ https//bit.ly/2CLVUIs
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