May 31st, 2016
Sensors and Systems
Paris, Washington D.C., Montreal, Yokohama, May 31, 2016 – According to Euroconsult’s latest report, Prospects for Remotely Piloted Aircraft Systems, the size of the professional RPAS (Remotely Piloted Aircraft Systems) manufacturing and services market is expected to grow significantly in the next ten years, from $1 billion in 2015 to $26 billion in 2025.
The civil and commercial RPAS market is at an early development stage compare to the military and leisure sectors. Recent improvements in the regulatory context in a number of countries and technological advances have led to an increase in the number of applications using RPAS for commercial purposes, with new applications set to develop in the coming years. Their combination has led a number of companies to enter the market in search of new opportunities in a sector with strong growth potential and a large addressable market.
Agriculture was estimated to be the largest user of RPAS in 2015, accounting for 39% of units used, ahead of video & cinema and engineering & transportation infrastructure. Leading regions for the use of UAVs include Asia Pacific, Europe and North America; the commercial RPAS market is still early in the development phase in other regional markets. Japan has the most mature RPAS market, having begun use in agriculture more than 20 years ago. Other leading commercial RPAS countries include Australia, Canada, France, the U.K. and the U.S.