DUBLIN--(BUSINESS WIRE)--Aug 12, 2019--

Drone Payload market worldwide is projected to grow by US$9 Billion, guided by a compounded growth of 16.4%.

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments.

Cameras & Sensors, one of the segments analyzed and sized in this study, displays the potential to grow at over 17.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.2 Billion by the year 2025, Cameras & Sensors will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 20% growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over US$707.7 Million to the region's size and clout in the next 5 to 6 years. Over US$645.1 Million worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Cameras & Sensors will reach a market size of US$407.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 15.2% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Competitors identified in this market include:

  • 3D Robotics Inc. (3DR) (USA)
  • AeroVironment Inc. (USA)
  • BAE Systems PLC (United Kingdom)
  • Elbit Systems Ltd. (Israel)
  • Israel Aerospace Industries (IAI) (Israel)
  • Lockheed Martin Corporation (USA)
  • Northrop Grumman Corporation (USA)
  • Parrot Drones SAS (France)
  • SZ DJI Technology Co. Ltd. (China)
  • Thales Group (France)

Key Topics Covered

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Drone Payload Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Global Competitor Market Shares by Segment
  • Cameras & Sensors (Type) Global Competitor Market Share Positioning for 2019 & 2025
  • Radars & Communication (Type) Market Share Breakdown of Key Players: 2019 & 2025
  • Weaponry (Type) Competitor Revenue Share (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Drone Payload Market Share (in %) by Company: 2019 & 2025
  • Cameras & Sensors (Type) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
  • Radars & Communication (Type) Competitor Revenue Share (in %) in the US: 2019 & 2025
  • Weaponry (Type) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Drone Payload Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Cameras & Sensors (Type) Market Share (in %) by Company in Europe: 2019 & 2025
  • Radars & Communication (Type) Market Share (in %) of Major Players in Europe: 2019 & 2025
  • Weaponry (Type) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/iuarp6

Laura Wood, Senior Press Manager

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KEYWORD:

INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY OTHER DEFENSE PHOTOGRAPHY MANUFACTURING HARDWARE DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 08/12/2019 08:19 AM/DISC: 08/12/2019 08:19 AM

Copyright Business Wire 2019.