Teal Group’s World Civil Unmanned Aerial Systems Market Profile & Forecast 2016.

July 26, 2016

Teal Group’s World Civil Unmanned Aerial Systems Market Profile & Forecast 2016 annual sector study, authored by Phil Finnegan focuses on lucrative business opportunities in the emerging civil government and commercial UAS market. Features include:

10-Year Market Forecasts – Covering the overall market as well as segments of the business such as industrial inspection, agriculture, aerial photography, insurance. It will also cover the civil government market including homeland security, law enforcement an d environmental work.
Expert Analysis – A cogent outlook and rationale for what will be hot over the next decade.
Venture Capital – Analysis of the involvement of venture capital and ways it is transforming the market.
Regulations – Differences in the ways regulations for civil/commercial UAS are being implemented worldwide and ways that are transforming the market.
Companies – An analysis of the strategies companies are using to position themselves in the market, including acquisitions, teaming and product development.

From the Civil UAS Market Study 2016:

Teal Group estimates that non-military UAS production will total $65 billion over the next decade. It soars from $2.6 billion worldwide in 2016 to $10.9 billion in 2025, a 15.4% compound annual growth rate in constant dollars.
The commercial segment of the worldwide market will lead growth in civil UAS. Worldwide commercial is projected to grow from $387 million in 2016 to $6.5 billion in 2025, a 32.6% compound annual growth rate.
Construction will lead the commercial market. All 10 of the largest worldwide construction firms are deploying or experimenting with UAS.
Agriculture, which will adopt UAS more slowly, will still rank second worldwide. The ability to do unmanned spraying of crops and also do imagery that can detect when and where to apply fertilizer, pesticides and water offers tremendous potential.
Low-cost, high-altitude, long endurance UAS for internet promise to create an entirely new segment of the market. Airbus has already begun low rate production of solar-powered UAS, and Google and Facebook are also working on systems.
Civil government UAS will be a much smaller segment than commercial, but the appeal is growing for border control and public safety.

The study is available on CD-ROM or online for the purchase price of $2195.

If you would like more information, please go to our website (tealgroup.com ) or contact your sales representative listed below.

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