World Drone Identification System Market to 2025: Analysis, Trends, and Forecasts - Market is Projected to Reach $71.1 Billion, Growing at a CAGR of 66%

Thursday, 25. July 2019 14:14

Dublin, July 25, 2019 (GLOBE NEWSWIRE) -- The "Drone Identification System - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Drone Identification System market worldwide is projected to grow by US$71.1 Billion, guided by a compounded growth of 66%

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Drone Mounting, one of the segments analyzed and sized in this study, displays the potential to grow at over 66.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$28.9 Billion by the year 2025, Drone Mounting will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 77.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$6.5 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.5 Billion worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Drone Mounting will reach a market size of US$1.5 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 59.6% over the next couple of years and add approximately US$9.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Competitors identified in this market include:

  • Aaronia AG (Germany)
  • Advanced Protection Systems Sp. z o.o. (Poland)
  • Blighter Surveillance Systems Ltd. (United Kingdom)
  • Dedrone, Inc. (USA)
  • DroneShield Limited (Australia)
  • Kelvin Hughes Ltd. (United Kingdom)
  • Leonardo SpA (Italy)
  • Mistral Solutions Pvt., Ltd. (India)
  • Orelia SAS (FRANCE)
  • Rheinmetall AG (Germany)
  • Rinicom Ltd. (United Kingdom)
  • Thales Group (France)

For more information about this report visit https://www.researchandmarkets.com/r/rcwbb7

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Related Topics: Unmanned Aerial Vehicles (UAVs) - Drones, Military Unmanned Systems

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