According to Verified Market Research, the global UAV Drones market was valued at USD 13.93 billion in 2017 and is projected to reach USD 49.37 billion by 2025, growing at a CAGR of 17.22% from 2018 to 2025.
What are UAV Drones?
UAV drones, or unmanned aerial vehicles, are aircrafts that do not reuire a human pilot aboard it in order to control its flight. The unmanned aircraft system consists of the unmanned ariel vehicle itself, the controller, that is often ground based, and a form of communication that exist between the two. There are several applications of the UAV market such as