Market Reserch Report on India UAV Market (2015-2021) MarketreportsonIndia.com presents the latest report on “India UAV Market (2015-2021)”. Increasing terrorist activities, border security, rising defense budget, FDI, favorable government policies on import and increased domestic production campaigning for defense aircrafts and military equipment have driven the penetration of UAVs in the Indian market. June 18, 2015 – Navi Mumbai, India: MarketreportsonIndia.com presents the latest report on “India UAV Market (2015-2021)”. In India’s UAV market, long range UAV with medium altitude & long endurance segment dominates the overall market in revenue terms. India UAV Market (2015-2021): (http://www.marketreportsonindia.com/consumer-goods-marketresearch-reports-12445/india-uav.html) Market Forecast by UAV Types (Mini-UAV (Low Altitude Low Endurance), Medium Range UAV (Low Altitude - Medium Endurance), Long Range UAV (Medium Altitude - Long Endurance) and Long Range UAV (High Altitude - Long Endurance)) and Applications (Military, Law Enforcement, Events and Others)
Increasing terrorist activities, border security, rising defense budget, FDI, favorable government policies on import and increased domestic production campaigning for defense aircrafts and military equipment have driven the penetration of UAVs in the Indian market. After China and Japan, India is emerging as one of the key markets for UAVs in Asia-Pacific region. India is also one the largest importers for defense equipment worldwide. After the introduction of “Make in India” campaign by the Government of India in 2014, India is anticipated to commence the production of various defense equipment in the coming years due to surging FDIs in defense sector and growing partnerships.
Amongst all applications, military application accounts for majority of the revenue share in India’s UAV market. Over the last three years, law enforcement application is witnessing higher deployment of miniUAVs in Tier-I cities, on account of increasing crime rate. Furthermore, before the ban on the use of UAVs for civil application by Directorate General of Civil Aviation (DGCA), mini-UAVs were used in events and photography.
Key Highlights of the Report
- Historical data of Global UAV Market Revenue & Volume for the Period 2012-2014.
- Market Size & Forecast of Global UAV Market Revenue & Volume until 2021. - Market Share & Forecast of Global UAV Market Revenue & Volume, by UAV Types. - Market Share & Forecast of Global UAV Market Revenue, by Applications. - Historical data of India UAV Market Revenue & Volume for the Period 2012-2014. - Market Size & Forecast of India UAV Market Revenue & Volume until 2021. - Historical data of India Mini-UAV (Low Altitude-Low Endurance) Market Revenue & Volume for the
- Applications: - Military - Law Enforcement - Events - Others
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