Among the end-user segment, the consumer sub-segment is expected to undergo the highest growth by growing at a CAGR of 20.9% during the forecast period. The growth of this segment is mostly due to the growing use of UAV drones by consumers for numerous uses. The report analyzes the global UAV drone market across several regions such as North America, Europe, Asia Pacific, and LAMEA. Among these, the North America UAV Drone Market is expected to lead the global market by growing at a CAGR of 17.5% during the estimated timeframe. The growth of this regional market is mainly due to the increasing usage of drones in the commercial sector in this region for numerous operational uses like delivering products to the consumers at their particular location.
Global UAV Drone Market Projected to Surpass $55,649.0 Million, Growing at 19.9% CAGR from 2020 to 2027
Global UAV Drone Market Projected to Surpass $55,649.0 Million, Growing at 19.9% CAGR from 2020 to 2027
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.