The comprehensive study of “Europe Small UAV Market” report provides deep idea into the market dynamics & overall development of the industry. The report covers growth prospect, current information, market risks involved, cost structure & several other vital information is included in the Europe Small UAV industry report. The latest market study on the Europe Small UAV Market applies the best primary and secondary research techniques to bring the growth rate up to 2024.
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Europe Small UAV Market by Key Players:
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- Segmentation on the basis of type, application, geography and others.
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- Industry size & share analysis with industry growth and trends.
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- The research report covers size, share, trends and growth analysis of the Europe Small UAV Market on the global and regional level.
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Key Market Trends:
Rotary-wing Segment will Register Highest CAGR During the Forecast Period
In segmentation by wing type, the rotary-wing segment currently has a larger market share compared to the fixed-wing segment. Small helicopter drones and quadcopter drones are being used on a large scale both for military and commercial purposes in Europe. Quadcopters, in particular, are one of the majorly used small UAV models for commercial and civil purposes. They, along with the small helicopters are now being used for surveillance purposes for the military. Due to their vertical takeoff and landing capabilities and the advantage in being able to be deployed from the ground instead of being launched by hand, their use has been increasing and the segment is also expected to grow with the highest CAGR during the forecast period.
United Kingdom to Dominate the Market During the Forecast Period.
As of 2018, the United Kingdom has the highest market share in the Europe small UAV market. The United Kingdom has one of the largest fleets of small UAVs in Europe. Small UAVs are largely being adopted by police and law enforcement agencies in the United Kingdom. The military is also planning to order small UAVs for surveillance purposes. With the usage of small UAVs continuing to rise, the UK Government has enacted legislation to help achieve safer flying across the country. Also, registration with the Civil Aviation Authority will be made compulsory for drones weighing more than 250g. All these factors may reduce the growth of the revenues from civil and commercial small UAVs in the country. At the same time, countries in the rest of Europe like Belgium, Denmark, Poland, Greece, etc., are increasingly adopting the usage of drones for various purposes. In this regard, the growth of the Rest of Europe segment is expected to be the largest during the forecast period.
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