A Custom Market Insights report predicts the military unmanned aerial vehicle market will reach $11 billion in value by 2021 from $3 billion in 2014. “Quantities of fielded military and commercial systems of every size and description are set to increase,” Custom Market Insights said Feb. 3. According to the report, …
Read More »Radiant Insights: Navigation, Visualization Trends to Drive Commercial UAS Market Through 2021
A new Radiant Insights report predicts the worldwide market for commercial unmanned aircraft systems to be worth $4.8 billion by 2021, a compound annual growth rate of 21.5 percent from 2014 figures. The market research firm said Friday demand for UAS’ navigation and visualization functions will drive growth in the commercial drone market over …
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