The Business Research Company’s latest report Unmanned Commercial Aerial Vehicles Global Market Report 2020 covers Unmanned Commercial Aerial Vehicles market drivers, Unmanned Commercial Aerial Vehicles market trends, Unmanned Commercial Aerial Vehicles market segments, Unmanned Commercial Aerial Vehicles market growth rate, Unmanned Commercial Aerial Vehicles market major players, and Unmanned Commercial Aerial Vehicles market size. The report provides in-depth analysis of the impact of COVID-19 on the Unmanned Commercial Aerial Vehicles industry, along with revised market numbers due to the effects of the coronavirus.
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Unmanned Commercial Aerial Vehicles Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global unmanned commercial aerial vehicle market is expected to grow from $1.18 billion in 2019 to $1.38 billion in 2020 at a compound annual growth rate (CAGR) of 17.53%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $2.25 billion in 2023 at CAGR of 17.54%.
The report covers the Unmanned Commercial Aerial Vehicles market’s segments-
1) By Segment: Fixed-Wing UAVs, Multi-Rotor Aerial Vehicles, Rotary Blade Type UAV.
2) By End-User: Agriculture, Energy, Public utilities, Construction, Media and Entertainment, Government, Others.
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