Drones Market 2020: Analysis, Top Companies, Size, Share, Demand and Opportunity
According to the latest report by IMARC Group, titled u201cDrones Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,u201d the global drones market size reached US$ 20 Billion in 2019. A drone, also known as an unmanned aerial vehicle (UAV), refers to an unpiloted aircraft that can fly autonomously or controlled remotely. It contains various components, including a flight controller, electronic speed controller (ESC), GPS module, battery, antenna and sensors. Drones require a controller, which is used remotely by an operator to launch, navigate and land it using radio waves. Nowadays, drones are used for a variety of applications, ranging from surveillance, search and rescue, firefighting, and traffic and weather monitoring to photography, videography, agricultural research and delivery services.
146 views • 13 slides