UAVs are prominently used for better cross-border surveillance to enhance military intelligence, communication, and border security. Of late, developed countries like the US and Japan are investing heavily in UAVs, which has brought down the number of human casualties (as compared to Afghanistan and Iraq wars, which caused over 6,800 US Army casualties) and has improved the input data significantly. Their increasing deployment has also propelled the global UAV battery market
Technavios analysts forecast the global unmanned aerial vehicle (UAV) battery market to grow at a CAGR of 10.16% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global unmanned aerial vehicle (UAV) battery market for 2016-2020. The report presents the market landscape and a corresponding detailed analysis of the five major vendors operating in the market.