News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, March 14, 2016 ) Amazon recommended the provision of a separate airspace zone in July 2015, for the operation of unmanned aerial aircrafts for delivering the products to their customers. Additionally, Amazon is working on a drone delivery system, known as Prime Air, which will deliver the goods within 30 minutes after the order placement. The governments of different countries are using unmanned aerial vehicles in several applications, such as environmental studies, law enforcement, disaster management activities, research and development, and scientific research.
However, the scarcity of trained pilots, stringent government regulations, and air traffic management, security and safety issues are some of the factors, restraining the growth of the drone technology market. The aviation regulatory bodies such as European Aviation Safety Agency and Federal Aviation Administration from the U.S. have banned the use of unmanned aerial vehicles, due to restrictions in managing air traffic on a huge scale for ensuring the safety of citizens. Even though, the use of unmanned aerial vehicles is now permitted for commercial applications, but there are still some sectors, such as logistics and transport, where the use of unmanned aerial vehicles is banned. Some regulations for unmanned aerial vehicles, proposed by the Federal Aviation Administration have permitted the use of unmanned aerial vehicles during the day time, if they fly at a speed less than 100 meters per hour, and stay below 500 feet in the air, and weigh up to 55 pounds.
North America leads the global drone technology market, due to their increasing applications in the commercial sectors and high production of drones. The Europe drone technology market is expected to grow with a significant rate in the coming years, due to increasing applications in law enforcement and agriculture, and relaxation in regulations within the region. Additionally, building retrofits and favorable government regulations are supporting the growth of the drone technology market in the region. Asia-Pacific drone technology market is also expected to grow in the coming years, due to the increased use of unmanned aerial vehicles in agricultural activities within the countries of the region.
The drone technology market can also be categorized on the basis of subsystems as data links, control systems, training and simulation, and software. On the basis of applications, the drone technology market can be categorized as field operations, defense, logistics and warehousing, entertainment and healthcare.
Some of the competitors in the drone technology market are Challis Heliplane, Aurora Flight Sciences, DJI Innovations, AeroVironment Inc., Northrop Grumman Corporation, General Dynamics Corporation, Turkish Aerospace Industries Inc., Elbit Systems Ltd., Prox Dynamics AS, and Lockheed Martin Corporation.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact: Abhishek Executive – Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Toll-free: +1-888-778-7886 (USA/Canada) Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
