Apr 9 2014
According to the "Global Airborne UAV Remote Sensing Market 2014-2018" report, the need for improved disaster management is one of the factors driving the growth of the Global UAV Airborne Remote Sensing Technology market.
According to a World Bank report, more than 160 countries have a quarter of their population living in areas with a high mortality risk, which could mean that any calamity in such areas could result in high casualty numbers. Businesses can also be affected, for example by loss of data. Hence, there is increasing demand for disaster management.
Although the increasing adoption by the Defense, Intelligence, and Security industries continues to be a key growth driver, the market is witnessing the emergence and growth of new markets where remote sensing data can be used extensively. For instance, the Energy industry is using remote sensing technologies for better forecasting of sound detection with the help of technologies such as SODAR and LIDAR. In addition, the increased pressure from the operators to provide better insights related to power scheduling and lowering the cost of wind energy drives the market for remote sensing devices in the wind energy systems. Therefore, remote sensing devices are being used to enhance the operations of wind energy operators.
Covered in this Report
The Global Airborne UAV Remote Sensing market is a significant part of the Global Remote Sensing market. The report considers revenue generated from the sales of UAV remote sensing products mounted on airborne platforms only. The sales of UAV remote sensing products for use on spatial, terrestrial, and aquatic platforms are not considered within the scope of this report.
Global Airborne UAV Remote Sensing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Airborne UAV Remote Sensing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
- General Dynamics Corp.
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Co.
Other Prominent Vendors
- Honeywell Technology Solutions Inc.
- ITT Corp.
- Leica Geosystems Holdings AG
Key Market Driver
- Need for Improved Disaster Management.
Key Market Challenge
- Requirement for High Initial Investment.
Key Market Trend
- Increased Usage of Remote Sensors in Wind Energy Systems.
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Further, the report states that the high initial investment needed for this technology is one of the major challenges. Many SMEs and cost-driven companies are unable to adopt remote sensing technology for this reason. Vendors need to meet increasing demands from end-users and are making technological advancements in remote sensors, which is a costly and time-consuming process.
The report recognizes the following companies as the key players in Global Airborne UAV Remote Sensing Market: General Dynamics Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Honeywell Technology Solutions Inc., ITT Corp., Leica Geosystems Holdings AG.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?