Commercial Purpose Drone Market CAGR Growth of 57% by 2020
February 16, 2016 | PRNewswireEstimated reading time: Less than a minute
Research and Markets has announced the addition of the "Global Commercial Purpose Drone Market 2016-2020" report to their offering.
This comprehensive report predicts the global commercial-purpose drones market to grow with a CAGR of 57% during the 2016-2020 period.
Commenting on the report, an analyst from the research team said: With advances in drone technology and the chances of relaxing laws related to drones, advertising agencies worldwide have started experimenting with the possibilities of drone advertising. They are developing drones that can fly billboards and drop promotional articles such as t-shirts. US-based Dronecast is one such advertising agency that specialize in drone advertising.
According to the report, commercial drones are expected to be widely adopted in the agriculture sector during the forecast period, as these allow for better crop monitoring, leading to higher yields.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Suggested Items
Amphenol Reports Q1 2024 Results, Announces New Stock Repurchase Program
04/26/2024 | BUSINESS WIREAmphenol Corporation reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).
Technica USA Presents Inaugural Supplier Alliance Award at IPC APEX EXPO 2024
04/24/2024 | Technica USADuring IPC APEX EXPO 2024, Technica USA took the opportunity to thank all of their supply partners that made the effort to join them for the exhibition in their booth, as well to all of our SMT partners that had their own booths, with the latest in automation and process technology.
IDTechEx Report Unveils 3D Electronics Status and Opportunities
04/22/2024 | PRNewswire3D electronics is an emerging manufacturing approach that enables electronics to be integrated within or onto the surface of objects. 3D electronic manufacturing techniques empower new features, including mass customizability, greater integration, and improved sustainability in the electronics industry.