US: Market research firm Research and Markets has announced the addition of the “Global Unmanned Aerial Vehicle (UAV) Market 2017-2021″ report to their offering. According to the report, the global UAV market is expected to grow at a CAGR of 12.7% during the period 2017-2021.
The report, Global UAV Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
3D printing production refers to the process of synthesizing successive layers of materials with the support of computerized control technology to produce an object or component. This process enables manufacturers to design and manufacture small and micro-components of any shape or size and allows the producers to decrease the overall weight of the components. Additionally, the method allows cost-efficient and just-in-time (JIT) production of parts.
According to the report, the threats to operating low-density high-demand UAVs are increasingly rising owing to the exponential technological growth, coupled with the proliferation of surface-to-air missiles. Employing such UAVs may reduce the flexibility and capability of commanding officers addressing a combat situation, unless these high-value UAVs are supported by small and miniaturized UAVs.