Drone Launchers Markets: $151 million in 2014 Expected To Reach $1.2 billion by 2021


Posted August 11, 2015 by Rsmarketinsights

Launcher Markets worldwide are well poised to achieve consequential growth as the Drones market expands, leading to the need for launchers that do not make use of an airfield to get the aircraft airborne.

 
Indore, M.P. – Launcher Markets worldwide are well poised to achieve consequential growth as the Drones market expands, leading to the need for launchers that do not make use of an airfield to get the aircraft airborne. Launchers are leading a way to automated surveillance of wide areas and implementing strategic military missions that strike only at terrorists keeping the civilians uninjured.

Applications of launchers lie with the people who are unfamiliar with their working. It is important for the launchers to be user-friendly. There is a wide range of launchers available for different applications, which includes the field mobile frame devices, submarine devices, ship deck devices, and truck bed launchers. All these launchers are expecting to see a growth in varying degrees.

Unmanned Aerial Vehicles (UAVs) have launchers that are portable devices supporting remote placement of ways for launching self-piloted aircrafts. These drone UAS aircrafts are meant for carrying various application devices including sensors, cameras, communications equipment or other payloads. UAVs are smaller than the manned aircrafts and hence are cost effective too. They are stored and transported efficiently and safely, creating the need for portable launchers. UAVs significantly contribute to the fighting capacity of operational war forces, as they do not need an airfield for taking off.

A study declares that the capabilities possessed by the UAVs, such as - Low-cost, long-endurance, Systems integration, communications capability and payload technologies are further leading a way for market growth. This market growth will occur because the industrialized nations will fund the technology launchers for creating excellent surveillance and striking capacity. All these qualities will be dominant in a world run by globally integrated enterprises.

The market leaders in the field of Drone Launchers are – Textron / AAI, Raytheon, Northrop Grumman, Lockheed Martin, BAE Systems and Boeing / Insitu. Apart from these, there are several other market participants that include Hood Tech Mechanical, Ilmor Engineering, NASA, Robonic UAV Launching Systems, Sea Corp, Tasuma, UAV Factory, UAVSI, VTI, Zodiac Aerospace. Other Selected Market Participants are Aeromao, Arcturus UAV, Aries Ingenieria y Sistemas, Royal Navy's Type 45 Sampson Radars and Canadian Centre for Unmanned Vehicle Systems.

The applications of these Commercial Drones lie in Police Departments, Agriculture, Oil and Gas Industry, and Utilities. With the continual improvement in the capabilities of the drone aircrafts, their ability to support the commercial endeavors has increased.

With the changed accuracy levels of Unmanned Aircrafts in utility and oil and gas inspections, they are fundamentally changing the way agriculture is handled. Thus, unmanned aerial systems (UAS) / Drone markets of $609 million in 2014 expected to reach $4.8 billion worldwide by 2021. The market growth is sizable with oil and gas mapping, package delivery, utility line inspection and agricultural applications, accounting for virtually all the unit sales. These Drones will be capable of providing more information at lower costs as compared to a team of human inspectors.

About the Company:
This resource had been provided by RSMarketInsights. RSMarketInsights is one of the leading distributors of market research reports in the world today. They produce business intelligence reports that help companies to device the strategies. They provide market insights and research data for various fields like Aerospace &Defense, Biotechnology, Healthcare & Medical Devices, Pharmaceuticals, Energy & Natural Resources, Manufacturing and Automation Industry, Telecom& IT industries, etc.
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Last Updated August 11, 2015