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Europe Unmanned Aerial Vehicle (UAV) Market Growth Analyssis by 2024

<br>Europe Commercial Drone Market size in 2017 was estimated to be over 27 thousand units. and is anticipated to grow at a CAGR of 24% with the market value of more than USD 500 million and is anticipated to grow at a CAGR of around 21% over the forecast timespan.<br>

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Europe Unmanned Aerial Vehicle (UAV) Market Growth Analyssis by 2024

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  1. Unmanned Aerial Vehicle (UAV) Market in Europe is projected to surpass $2bn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Key Insights from EuropeUnmanned Aerial Vehicle (UAV) Market: • Graphical Research says, Europe Unmanned Aerial Vehicle (UAV) Market to reach USD 2bn by 2024 • The deployment of intelligence algorithms in UAVs is developing myriad opportunities and new avenues for the commercial use of drones. • The decline in the prices of the drones over the past decade has also fueled its demand for commercial applications. • The safety and security issues associated with the use of UAVs are among the major factors hindering the market growth. • Stringent government regulations related to the range and payloads are also among the major constraints in the market growth. • Growth is attributed to advancements in the drone technology over the years such as artificial intelligence in drones, the advent of IoT-based drones, and high-resolution cameras. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Continued... • The UK is estimated to witness a gradual growth in the commercial drone market due to its stance in the development and testing of commercial applications of civilian drones. • The country with the authorization of The Civil Aviation Authority (CAA) in 2016 relaxed some of its rules and regulations concerned with applications of UK drones for commercial trials after requests from Amazon to test its Prime Air delivery services. • The Europe commercial drone market consists of both multinational companies with a wide product portfolio and regional players or SMBs that offer niche products and services. • Some of the major market players are DJI, Parrot, 3D Robotics, Yuneec International, Cyberhawk Innovations Ltd., Intel Corporation, and senseFly. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Europe Commercial Drone/Unmanned Aerial Vehicle (UAV) Market ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Browse Full Market Research Report On Europe Unmanned Aerial Vehicle (UAV) Market @ https://bit.ly/2CPoicS Request for a Sample of this Research Report @ https://bit.ly/2CLVUIs ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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