Drone Payload Market Research Report – Forecast to 2023
Drone Payload Market by Type (EO/IR, Cameras, SAR, SIGINT, ELINT, COMINT, MPR, Laser Sensors, CBRN Sensors & Optronics), End-User (Defense & Commercial), Application (Mapping and Surveying, Photography, Monitoring, ISR, Others) & Region–Forecast till 2023
Drone Payload Market by Type (EO/IR, Cameras, SAR, SIGINT, ELINT, COMINT, MPR, Laser Sensors, CBRN Sensors & Optronics), End-User (Defense & Commercial), Application (Mapping and Surveying, Photography, Monitoring, ISR, Others) & Region–Forecast till 2023
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<strong>Drone</strong> <strong>Payload</strong> <strong>Market</strong> <strong>Forecast</strong> To <strong>2023</strong><br />
Global <strong>Drone</strong> <strong>Payload</strong> <strong>Market</strong>, By Segmentation<br />
The global drone payload market has been segmented by type, end-user, application, and region. Synthetic aperture radar is<br />
the most widely used type, and thus, the segment has the largest market share. By end-user, the defense segment is<br />
estimated <strong>to</strong> witness the largest demand during the forecast period, owing <strong>to</strong> the high adoption rate of drones in the sec<strong>to</strong>r.<br />
By application, the mapping and surveying segment is estimated <strong>to</strong> witness the largest demand during the forecast period.<br />
By region, the market is segmented in<strong>to</strong> North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America.<br />
North America is expected <strong>to</strong> dominate the market in the coming years, due <strong>to</strong> the presence of major drone and payload<br />
vendors in the U.S. Asia-Pacific follows North America in the global drone payload market and is estimated <strong>to</strong> trail North<br />
America during the forecast period due <strong>to</strong> the increased military spending on drone payloads in countries such as India and<br />
China.<br />
The global drone payload market is estimated <strong>to</strong> witness a CAGR of 17%, from 2018 <strong>to</strong> <strong>2023</strong>.<br />
Key Players<br />
The key players in the global drone payload market are BAE Systems Plc (U.K), Elbit Systems Ltd (Israel), Lockheed Martin<br />
Corporation (U.S.), Northrop Grumman Corporation (U.S.), Aerovironment Inc. (U.S.), Thales Group (France), Israel<br />
Aerospace Industries (Israel), Parrot S.A. (France), SZ DJI Technology Co. Ltd (China), and 3D Robotics Inc (U.S.).<br />
Browse <strong>Report</strong> @ https://www.marketresearchfuture.com/reports/drone-payload-market-6283
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