India Unmanned Aerial Vehicle Market
The India Unmanned Aerial Vehicle Market is will boom over the coming years due to the surge in knowledge. Their augmenting endorsement across several verticals, such as administration, cinematography, and investigation has further raised the market growth.
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Introduction of the India Unmanned Aerial Vehicle Market:
An Unmanned Aeronautical Vehicle (UAV) is an aircraft with the potential to fly without the onboard existence of a pilot.
India Unmanned Aerial Vehicle Market Dynamics
The increasing agitation towards security and terrorist attacks, primarily because of the acceleration in domestic crime rates throughout the region has stimulated the Indian Unmanned Aerial Vehicle (UAV) market. For example, India indicated over 3 million crime incidences in 2016, expanding at a remarkable rate reaching to 2.2 million in 2015. Thus, this surging rate has encouraged the Indian government to choose progressive technologies and instruments to reduce the crime rate in the nation. Additionally, other initiatives and strategies introduced by the government, such as the “Make in India” program to encourage the production of products in India will further bolster the Unmanned Aerial Vehicle Market Size.
Further, the growing implementation of unmanned aerial vehicles across several industries, such as product delivery, agriculture, and surveying & mapping will generate enormous growth opportunities for the market. However, in this existent coronavirus crisis situation, drones play an essential role in withstanding this pandemic. The UAVs are increasingly used by local authorities and government to offer enormous services such as sterilizing infected areas, controlling crowds, and providing medical supplies as well as required food products. This extensive application of drones in across different area will decrease the physical human contact, thus inhibiting the chances of spread. On the other hand, as per the Unmanned Aerial Vehicle Market Report, the absence of required air traffic management for UAVs and the insufficient availability of competent personnel to operate UAVs will hinder the market growth.
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