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The unmanned aerial vehicles are the aircrafts that does not have human pilot aboard, and it is controlled autonomously through onboard computers or remote control by a human operator. Increasing defense spending by various governments across the globe and growing terrorist activities are expected to propel the growth of the unmanned aerial vehicle market, over the forecast period (2021 – 2028). For instance, according to the Center for Strategic and International Studies, Chinese Defense spending in year 2016 was US$ 143.7 Billion, which increased up to US$ 172.3 Billion by year 2019.

The increasing demand for unmanned aerial vehicles in military applications such as border security, surveillance, is expected to drive the market growth during the forecast period. This is due to the emergence of drone technology and several capabilities associated with the drones such as video recording and still images. In the past decade, the demand for unmanned aerial vehicles increased in various countries such as the U.S., China, India, and others. For instance, in 2019, according to Federal Aviation Administration (FAA), there were 1.3 million registered drones and thousands of unregistered drones in the U.S.

Global Unmanned Aerial Vehicle Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all the industries including infrastructure, retail, manufacturing, and others. To combat COVID-19 pandemic, most of the countries have implemented lockdowns and are now easing it in phase-wise and industry wise. During the pandemic, the demand for UAVs (Unmanned Aerial Vehicles) increased in healthcare, e-commerce, and many other applications.

To disinfect public places and to contain the spread of COVID-19, many healthcare organizations are deploying UAVs to conduct various tasks such as spraying disinfectant in the affected areas. These spraying UAVs are filled with disinfectant and cover a larger area in less time and are 50 times faster than conventional methods. For instance, according to Coherent Market Insights’ analysis, in China, UAVs have the capacity to hold 16 liters of disinfectant and can cover 100,000 area square meters in an hour. These UAVs are easy to use, affordable, and reduce the risk of COVID-19 spread among the health workers. Due to this, many countries are adopting disinfecting UAVs to contain the spread of COVID-19.

North America is expected to hold dominant position in the global unmanned aerial vehicle market during the forecast period.

Statistics:

North America held dominant position in the global unmanned aerial vehicle market in 2019, accounting for 37.2% share in terms of value, followed by Europe, and Asia Pacific.

Figure 1: Global Unmanned Aerial Vehicle Market Share (%), By Region, 2019

Unmanned Aerial Vehicle  | Coherent Market Insights

Several key players such as Amazon, 3D Robotics, AeroVironment, Inc., Google, DHL, and others are offering UAV services in remote areas in the North America region, which has led to an increase in demand for unmanned aerial vehicles in North America region. Moreover, the U.S. government agencies are also encouraging the involvement of UAVs in aviation safety and operations in the U.S. navigable airspace, including UAV operations and end-to-end delivery of products. For instance, in April 2019, Wing, the Alphabet-owned start-up engaged in the drone delivery, was approved by Federal Aviation Administration (FAA) for delivery drones in the U.S.

Major companies operating in the global unmanned aerial vehicle market include: 3D Robotics, AeroVironment, Inc., DJI, Elbit Systems Ltd, General Atomics, GoPro, Inc., Israel Aerospace Industries, Lockheed Martin Corporation, Northrop Grumman Corporation, Parrot SA, Textron Inc., Boeing, Uvify Inc., and YUNEEC.

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Unmanned Aerial Vehicle Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 19,365.8 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 16.3% 2028 Value Projection: US$ 68,983.0 Million
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Type: Fixed Wing Drone, Rotary Blade Drone, Hybrid Drone
  • By Load Capacity: <2KG, 2–5 KG, >5 KG
  • By Duration: <30 Minutes, >30 Minutes
  • By Range: Short (<25 Kilometers), Long (>25 Kilometers)
  • By Application: Aerial Photography, Agriculture, Emergency and Disaster Management, Inspection & Monitoring, Remote Sensing & Mapping, Wildlife Research & Preservation 
  • By End User: Government and Defense, Commercial
Companies covered:

Major companies operating in the global Unmanned Aerial Vehicle include: 3D Robotics, AeroVironment, Inc., DJI, Elbit Systems Ltd, General Atomics, GoPro, Inc., Israel Aerospace Industries, Lockheed Martin Corporation, Northrop Grumman Corporation, Parrot SA, Textron Inc., Boeing, Uvify Inc, and YUNEEC

Growth Drivers:
  • Growing demand for aerial imaging in different sectors
  • Growing demand for unmanned aerial vehicle (UAV) in military applications
Restraints & Challenges:
  • High cost associated with advanced electronics and advanced UAV systems

Among type segment, the fixed wing drone sub-segment is expected to dominate the market during the forecast period, owing to increasing usage of fixed drones for aerial mapping of large areas in shorter period of time.

There are three types of fixed wing drones, which include straight, swept, and delta. The advantages of fixed wing drones include simple construction & less maintenance, longer flight time, covers large area in minimum time, stability, good image quality, and others.

Fixed wing drones are used in various aerial applications such as surveying & mapping, search & rescue, ISR (Intelligence, Surveillance and Reconnaissance) missions, and others. Fixed wing drones are specially used to mapping larger areas in a shorter of time. For instance, fixed wing drones are used by militaries to scan war areas quickly and efficiently. In power and utility sector, fixed wing drones are used for pipeline and power line inspection.

Figure 2: Global Unmanned Aerial Vehicle Market Value (US$ Mn), 2017 - 2028

Unmanned Aerial Vehicle  | Coherent Market Insights

The global unmanned aerial vehicle market was valued at US$ 19,365.8 Mn in 2019 and is expected to reach US$ 68,983.0 Mn by 2028, exhibiting a CAGR of 16.3% between 2021 and 2028.

Infoimg

Unmanned aerial vehicles are also known as drones. UAV is a remotely operated airborne system or aircraft, by a human operator or autonomously by an onboard computer. The collection of information such as aerial videos, and photographs is a common application of unmanned aerial vehicles, since carrying a sensor.

Market Dynamics

The unmanned aerial vehicle market growth is majorly attributed to increasing application of UAV’s in many civil application domains such as real – time monitoring, remote sensing, delivery of goods, security and surveillance, providing wireless coverage, precision agriculture, and civil infrastructure inspection. For instance, in September 2018, 3D Robotics (3DR) entered into a partnership with China-based drone manufacturer Yuneec. Under this partnership, 3DR focused on serving the security needs of U.S. government customers and their vendors in construction, engineering, and public safety sectors. Moreover, the unmanned aerial vehicles are getting adopted by fire department for the safety of firefighters, thus, there is significant demand for UAVs for aerial applications. For instance, in April 2019, DJI entered into a partnership with Los Angeles Fire Department (LAFD) to test and deploy DJI drone technology for public safety applications.

Although drones or unmanned aerial vehicles are meant for beneficial commercial applications, the images captured can be used for illegal activities. Potential criminals may conduct virtual surveillance of banks, government buildings, parks, or schools using online aerial and satellite images. For instance, in January 2017, in India, the Mumbai Police banned all flying objects such as drones and gliders in the city. This action was taken, as they believed that terrorist attacks can be carried out by terrorists through drones that can be controlled by remote or remote controlled aircrafts in high altitude area. If adequate safety measures are not taken, and lack of proper security and privacy issues are expected to hinder the market growth over the forecast period.

Market Taxonomy

This report segments the global unmanned aerial vehicle market analysis on the basis of type, load capacity, duration, range, application, End User, and region. On the basis of type, global unmanned aerial vehicle market analysis is segmented into fixed wing drone, rotary blade drone, and hybrid drone. On the basis of load capacity, the global unmanned aerial vehicle market is segmented into <2Kg, 2-5 Kg, and >5Kg. On the basis of duration, the global unmanned aerial vehicle market analysis is segmented into <30 Minutes, and >30 Minutes. On the basis of range, global unmanned aerial vehicle market is segmented into          Short (<25 Kilometers), and Long (>25 Kilometers). On the basis of application, global unmanned aerial vehicle market is segmented into aerial photography, agriculture, emergency and disaster management, inspection & monitoring, remote sensing & mapping, and wildlife research & preservation. On the basis of end user, global unmanned aerial vehicle market is segmented into government and defense, and commercial. On the basis of region, global unmanned aerial vehicle market is segmented into North America, Latin America, Europe, Asia pacific, and Middle East and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global unmanned aerial vehicle market analysis and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global unmanned aerial vehicle market analysis based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global unmanned aerial vehicle market include: 3D Robotics, AeroVironment, Inc., DJI, Elbit Systems Ltd, General Atomics, GoPro, Inc., Israel Aerospace Industries, Lockheed Martin Corporation, Northrop Grumman Corporation, Parrot SA, Textron Inc., Boeing, Uvify Inc., and YUNEEC
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global unmanned aerial vehicle market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global unmanned aerial vehicle market analysis

Detailed Segmentation:

  • Global Unmanned Aerial Vehicle Market, By Type:
    • Fixed Wing Drone
    • Rotary Blade Drone
    • Hybrid Drone
  • Global Unmanned Aerial Vehicle Market, By Load Capacity:
    • 2KG
    • 2-5 KG
    • >5 KG
  • Global Unmanned Aerial Vehicle Market, By Duration:
    • <30 Minutes
    • >30 Minutes
  • Global Unmanned Aerial Vehicle Market, By Range:
    • Short (<25 Kilometers)
    • Long (>25 Kilometers)
  • Global Unmanned Aerial Vehicle Market, By Application:
    • Aerial Photography
    • Agriculture
    • Emergency and Disaster Management
    • Inspection & Monitoring
    • Remote Sensing & Mapping
    • Wildlife Research & Preservation
  • Global Unmanned Aerial Vehicle Market, By End User:
    • Government and Defense
    • Commercial
  • Global Unmanned Aerial Vehicle Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa
  • Company Profiles
    • 3D Robotics **
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • AeroVironment, Inc.
    • DJI
    • Elbit Systems Ltd
    • General Atomics
    • GoPro, Inc.
    • Israel Aerospace Industries
      Lockheed Martin Corporation
    • Northrop Grumman Corporation
    • Parrot SA
    • Textron Inc.
    • Boeing
    • Uvify Inc
    • YUNEEC

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Global Unmanned Aerial Vehicle Market - Forecast to 2028’

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Load Capacity
      • Market Snippet, By Duration
      • Market Snippet, By Range
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Solutions Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Unmanned Aerial Vehicle Market: Impact of COVID-19 on Market
    • Short Term
    • Long term
  5. Global Unmanned Aerial Vehicle Market, By Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Fixed Wing Drone
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Rotary Blade Drone
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Hybrid Drone
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  6. Global Unmanned Aerial Vehicle Market, By Load Capacity, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • <2KG
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • 2 – 5 KG
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • >5 KG
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  7. Global Unmanned Aerial Vehicle Market, By Duration, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • <30 Minutes
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • >30 Minutes
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  8. Global Unmanned Aerial Vehicle Market, By Range, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Short (<25 Kilometers)
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Long (>25 Kilometers)
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  9. Global Unmanned Aerial Vehicle Market, By Application, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Aerial Photography
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Agriculture
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Emergency and Disaster Management
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Inspection & Monitoring
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Remote Sensing & Mapping
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Wildlife Research & Preservation
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  10. Global Unmanned Aerial Vehicle Market, By End User, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Government and Defense
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Commercial
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  11. Global Unmanned Aerial Vehicle Market, By Region, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027(US$ Million)
      • Market Size and Forecast, By Load Capacity, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Duration, 2020–2027(US$ Million)
      • Market Size and Forecast, By Range, 2020–2027(US$ Million)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End User, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027(US$ Million)
      • Market Size and Forecast, By Load Capacity, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Duration, 2020–2027(US$ Million)
      • Market Size and Forecast, By Range, 2020–2027(US$ Million)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End User, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027(US$ Million)
      • Market Size and Forecast, By Load Capacity, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Duration, 2020–2027(US$ Million)
      • Market Size and Forecast, By Range, 2020–2027(US$ Million)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End User, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027(US$ Million)
      • Market Size and Forecast, By Load Capacity, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Duration, 2020–2027(US$ Million)
      • Market Size and Forecast, By Range, 2020–2027(US$ Million)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End User, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2020–2027(US$ Million)
      • Market Size and Forecast, By Load Capacity, 2020–2027 (US$ Million)
      • Market Size and Forecast, By Duration, 2020–2027(US$ Million)
      • Market Size and Forecast, By Range, 2020–2027(US$ Million)
      • Market Size and Forecast, By Application, 2020–2027 (US$ Million)
      • Market Size and Forecast, By End User, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  12. Competitive Landscape
    • Company Profiles
      • 3D Robotics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • AeroVironment, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • DJI
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Elbit Systems Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • General Atomics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • GoPro, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Israel Aerospace Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Lockheed Martin Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Northrop Grumman Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Parrot SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Textron Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Boeing
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Uvify Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • YUNEEC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
  13. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on ‘Global Unmanned Aerial Vehicle’s Market -forecast to 2027’

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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