Press release
Autonomous BVLOS Drones Market To Witness the Highest Growth Globally in Coming Years 2021- 2028
MARKET INTRODUCTIONBVLOS (Beyond Visual Line of Sight) drones are deployed further than the operator's visual range, allowing them to cover wider distances. Group 1 UAVs with a maximum gross takeoff weight (MGToW) of around 0-20 lbs are small UAVs. Medium UAVs, having an MGToW of around 21-55 lbs, come under category 2 UAVs. In addition, UAVs listed under groups 3, 4, and 5 are referred to as large UAVs with an MGToW of more than 55 lbs. The use of autonomous BVLOS drones for various purposes covers the civil and commercial segments of the industry, including package distribution, critical infrastructure inspection, aerial surveying and mapping, mining, construction, precision agriculture, firefighting, searching, etc. The autonomous BVLOS drones market is has been consistently growing since the past years and is expected to boost in coming years.
MARKET DYNAMICS
The increased need for quality and industrial productivity to be improved is driving the growth of the autonomous BVLOS drones market. However, inadequacy of robust regulatory requirements for the civilian airspace use of these drones may restrain the growth of the autonomous BVLOS drones market. Furthermore, the rising need for last-mile delivery of drones is further anticipated to create market opportunities for the autonomous BVLOS drones market during the forecast period.
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Companies Mentioned:
AeroVironment, Inc.
Airbus S.A.S.
BAE Systems
Elbit Systems Ltd.
FLYTREX
General Atomics
Northrop Grumman Corporation
Saab
SenseFly
SmartPlanes
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