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The drone transponders market is supported by the Automatic Dependent Surveillance-Broadcast (ADS-B) mandates and similar favorable regulations. The North American region is expected to be the most lucrative market on account of increasing acceptance of drones for surveillance purposes. Growing global recognition of the drones is likely to affect the market growth positively.
The global drone transponders market is expected to soar in the forecast period owing to increasing applications of drones in agriculture and industrial sectors. Increasing need of drones in border monitoring is further likely to affect market growth positively. However, cybersecurity threats may limit the growth of the drone transponders market during the forecast period. On the other hand, the growing popularity of lightweight material and advent of solar-powered drones are likely to create significant opportunities for the drone transponders market in coming years.
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Top Dominating Key Players :
4.L3Harris Technologies, Inc.
5.Micro Systems, Inc. (Kratos Defense Solutions)
6.Microair Avionics Pty Ltd
9.Trig Avionics Limited
The global drone transponders market is segmented on the basis of type, platform, fit, and application. Based on type, the market is segmented as ADS-B compatible and ADS-B non-compatible. By platform, the market is segmented as fixed wing and rotary wing. On the basis of the fit, the market is segmented as line-fit and retrofit. The market on the basis of the application, is classified as military and commercial.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global drone transponders market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The drone transponders market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting drone transponders market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter’s Five Forces analysis on a global scenario.
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What our report offers:
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
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