The UAV market is projected to grow from USD 26.2 billion in 2022 to USD 38.3 Billion by 2027, at a CAGR of 7.9% from 2022 to 2027

Rising procurement of small drone for military applications like ISR to drive the small drone market growth during the forecast period. Investments in the UAV industry have been increasing drastically during the period 2011-2020.

New York, Oct. 21, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “UAV Market by Point of Sale, Systems, Platform, Function, End Use, Application, Type, Mode of Operation, Mtow, Range & Region – Global Forecast to 2027” – https://www.reportlinker.com/p04402200/?utm_source=GNW
Drone services received significant investments, with passenger drones receiving the highest investment in 2021.

The use of UAVs is growing rapidly across many civil applications such as aerial photography and videography, 3D mapping, delivery services, inspection, and data transmission.
Drones are particularly important for inspecting difficult-to-reach locations at certain altitudes or in contaminated surroundings.The use of drones has…