Artificial Intelligence
Global Unmanned Aerial Vehicle (UAV) Market Outlook Study, 2019-2025 – Increasing Use of UAVs in Commercial & Military Applications is One of the Most Significant Driving Factors
Dublin, Dec. 20, 2019 (GLOBE NEWSWIRE) — The “Unmanned Aerial Vehicle (UAV) Market by Vertical, Class, System, Industry (Defense & Security, Agriculture, Construction & Mining, Media & Entertainment), Type, Mode of Operation, Range, Point of Sale, MTOW and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The UAV Market is Projected to Grow from USD 19.3 Billion in 2019 to USD 45.8 Billion by 2025, at a CAGR of 15.5%.
The increasing use of unmanned aerial vehicles in commercial and military applications is one of the most significant factors expected to drive the growth of the UAV market. Improvements in flight control systems, owing to the development of sense & avoid technology, are expected to fuel the growth of the UAV market.
One of the major challenges for the growth of the UAV market across the globe is the rules and regulations imposed by various government agencies on the use of UAVs in civil & commercial applications. The Federal Aviation Administration (FAA) has offered three pathways for the lawful use of UAVs in the US airspace, which are a Certificate of Authorization (CoA) issued by the Federal Aviation Administration (FAA) for public agencies, permission from the Federal Aviation Administration (FAA) in the form of a special airworthiness certification for private entities, and adherence to model aircraft standards by UAV users.
Key players operating in the UAV market include General Atomics (US), Northrop Grumman (US), Textron (US), Boeing (US), DJI (China), Parrot (France), 3D Robotics (US), and Aeryon Labs (Canada).
Based on type, the fixed-wing UAVs segment is estimated to lead the UAV market in 2019
Based on type, the fixed-wing UAVs segment is estimated to lead the UAV market in 2019. Fixed-wing UAVs have longer endurance as compared to other UAVs, thereby making them suitable for use in commercial and military applications. Moreover, the increasing procurement of these types of UAVs for ISR, combat, and logistics operations has resulted in the growth of the UAV market. Medium Altitude Long Endurance (MALE) and High Altitude Long Endurance (HALE) UAVs fall under the category of fixed-wing UAVs. Predator and Reaper are the most commonly used fixed-wing UAVs in military applications.
Based on class, the strategic & tactical UAVs segment is estimated to lead the UAV market in 2019
Based on class, the strategic & tactical UAVs segment is estimated to lead the UAV market in 2019. The growth of the strategic & tactical UAVs segment can be attributed to the extensive use of MALE and HALE UAVs by defense forces worldwide to obtain situational awareness for threat evaluation during combat operations.
Based on vertical, the military segment is estimated to lead the UAV market in 2019
Based on vertical, the military segment is estimated to lead the UAV market in 2019. The growth of the military segment can be attributed to the increasing use of UAVs in various military applications, such as intelligence, surveillance, and reconnaissance (ISR) and electronic warfare. Resupplying, aerial refueling and air combat are some of the upcoming applications of UAVs in the military sector. UAVs reduce collateral damage while hovering, searching, identifying, and striking targets, which makes them an invaluable asset for the military, driving the growth of the UAV market.
North America is estimated to lead the UAV market in 2019
The North American region is estimated to lead the UAV market in 2019. The US and Canada are key countries considered for market analysis in this region. An increase in the defense expenditure of the US and Canada and the presence of major UAV manufacturers in North America are key factors contributing to the growth of the UAV market in this region.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in the UAV Market
4.2 UAV Market, By Range
4.3 UAV Market, By Mode of Operation
4.4 North America UAV Market, By Vertical
4.5 Strategic & Tactical UAVs Market
4.6 UAV Market, By Vertical
4.7 UAV Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of UAVs in Civil & Commercial Applications
5.2.1.2 Growing Use of UAVs in Military Applications
5.2.1.2.1 Increasing Use of UAVs in Life-Threatening Military Missions
5.2.1.2.2 Increasing Use of Modern Warfare Techniques By Defense Forces
5.2.1.2.3 Increasing Use of UAVs as Loitering Munition
5.2.1.3 Increasing Use of UAVs in Advanced Patrolling of Marine Borders
5.2.1.4 Exemptions Made By the Federal Aviation Administration (FAA) to Permit the Use of UAVs in Several Industries
5.2.1.5 Growing Use of UAVs to Counter Terrorism
5.2.2 Opportunities
5.2.2.1 Increased Deployment of UAVs to Carry Out Aerial Remote Sensing
5.2.2.2 Growing Defense Budgets of Major Economies
5.2.2.3 Technological Developments in the Field of Drone Payloads
5.2.2.4 Use of UAVs for Cargo Delivery in Military Operations
5.2.3 Challenges
5.2.3.1 Lack of Proper Air Traffic Management for UAVs
5.2.3.2 Restrictions Imposed on the Commercial Use of UAVs in Various Countries
5.2.3.3 Possible Threats to Safety and Violation of Privacy
5.2.3.4 Issues With Political and Social Acceptability of UAVs
5.2.3.5 Lack of Skilled & Trained Personnel to Operate UAVs
5.2.3.6 Issues With Safety and Security of UAVs
6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Artificial Intelligence in UAVs
6.2.2 3D Printing of UAVs
6.2.3 Use of Advanced Materials in Manufacturing UAVs
6.2.4 Multi-Sensor Data Fusion for UAV Navigation
6.2.5 Cloud computing-based Services
6.2.6 Endurance in UAVs
6.2.7 Development of Superior Computing Technologies for UAVs
6.2.8 Drone Payloads
6.2.9 Wireless Charging
6.2.10 Automated Ground Control Stations
6.2.11 Computer Vision
6.2.12 Machine Learning-Powered Analytics
6.2.13 Connected Drones
6.3 Product Innovations
6.3.1 Drone Taxies Or Passenger Drones
6.3.2 Refueling Drones
6.3.3 Swarm Drones
6.3.4 Spy Drones
6.3.5 Combat Drones
6.3.6 Inflatable Drones
6.3.7 IoT Drones
6.3.8 VTOL UAVs
6.3.9 Thinking Drones
6.3.10 Anti-UAV Defense Systems
6.3.11 Tethered Drones
6.3.12 Fishing Drones
6.4 Industry Use Cases
6.4.1 Inspection of Inaccessible Project Sites
6.4.2 Continuous Data Sharing for Development of Digital Twin Technology
6.4.3 Identification of Anomalous Events Through Predictive Maintenance
6.4.4 High Accuracy Data for Detection of Volumetric Changes
6.4.5 Classification and Identification of Objects of the Insurance Industry
6.4.6 Improvised Payload Capabilities for Mapping & Surveying Industry
6.4.7 Aviation MRO Assistance By External Inspection of Aircraft
6.4.8 Urbanization, Crowd Control, and Traffic Assistance Through Real-Time Data Exchange
6.4.9 Disease Control and Prevention
6.4.10 Aerial Drone Delivery
6.5 UAV Ecosystem
6.5.1 Major UAV Products
6.5.2 Level of Autonomy
6.5.2.1 Level 1
6.5.2.2 Level 2
6.5.2.3 Level 3
6.5.2.4 Level 4
6.5.2.5 Level 5
6.5.3 Maturity Mapping of Drone Technologies
6.5.4 Maturity Mapping of Commercial Drone Applications
6.5.5 Interconnected UAV Solutions
6.5.6 Country-Wise Drone Regulations
6.5.7 Drone Insurance
6.6 Patent Analysis
7 UAV Market, By System
7.1 Introduction
7.2 UAV Platforms Market, By Subsystem
7.2.1 UAV Airframes, By Material Type
7.2.1.1 Increasing Demand for Light Weight UAVs is Leading to Higher Adoption Composite Material Airframes
7.2.1.2 UAV Alloys
7.2.1.3 UAV Plastics
7.2.1.4 UAV Composites, By Type
7.2.1.4.1 Carbon Fiber Reinforced Polymers
7.2.1.4.2 Glass Fiber Reinforced Polymers
7.2.1.4.3 Boron Fiber Reinforced Polymers
7.2.1.4.4 Aramid Fiber Reinforced Polymers
7.2.2 UAV Avionics, By Component
7.2.2.1 Rising Need for UAVs Equipped With Advanced Flight Control Systems and Communications System Drives Demand for Advanced Avionics
7.2.2.2 UAV Flight Control Systems, By Subcomponent
7.2.2.2.1 UAV Air Data Computers
7.2.2.2.2 UAV Autopilots/Flight Control Computers
7.2.2.3 UAV Navigation Systems, By Subcomponent
7.2.2.3.1 UAV Gps/GNSS
7.2.2.3.2 UAV Ins/Imu
7.2.2.3.3 UAV Sense & Avoid Systems
7.2.2.4 UAV Sensors, By Type
7.2.2.4.1 Speed Sensors
7.2.2.4.2 Light Sensors
7.2.2.4.3 Proximity Sensors
7.2.2.4.4 Position Sensors
7.2.2.4.5 Temperature Sensors
7.2.2.5 UAV Communication Systems
7.2.2.6 Others
7.2.3 UAV Propulsion Systems, By Component
7.2.3.1 Growing Use of Small UAVs in Commercial Applications is Leading to Increased Use of Electric Engines
7.2.3.2 UAV Engines, By Type
7.2.3.2.1 Gas Engines
7.2.3.2.2 Electric Engines
7.2.3.3 UAV Power Sources, By Type
7.2.3.4 UAV Batteries
7.2.3.4.1 Solar Cells
7.2.3.4.2 Hybrid Cells
7.2.3.4.3 Fuel Cells
7.2.4 UAV Software
7.2.4.1 Increasing Use of UAVs in Commercial Applications is Leading to Develop Industry-Specific UAV Software
7.3 UAV Payloads, By Type
7.3.1 UAV Cameras, By Type
7.3.1.1 Use of Thermal and Eo/Ir Cameras By Government & Law Enforcement Agencies for Night Surveillance is Increasing
7.3.1.2 High-Resolution Cameras
7.3.1.3 Multispectral Cameras
7.3.1.4 Hyperspectral Cameras
7.3.1.5 Thermal Cameras
7.3.1.6 Eo/Ir Cameras
7.3.2 UAV CBRN Sensors
7.3.2.1 Development of Advanced Sensors for Armed Forces to Detect Nuclear, Chemical, Biological Crises is on the Rise
7.3.3 UAV Electronic Intelligence Payloads, By Type
7.3.3.1 Wide-Scale Use of Electronic Payloads By Military UAVs in Intelligence Gathering Drives Demand for Them
7.3.3.2 Signal Intelligence
7.3.3.3 Electronic Intelligence
7.3.3.4 Communication Intelligence
7.3.3.5 Telemetry Intelligence
7.3.4 UAV Radar, By Type
7.3.4.1 Increasing Use of Portable Radars By Armed Forces Drives the Market for Them
7.3.4.2 Synthetic Aperture Radar
7.3.4.3 Active Electronically Scanned Array Radar
7.3.5 UAV Lidar
7.3.5.1 Use of Lidar is Increasing in Commercial UAV Applications
7.3.6 UAV Gimbals
7.3.6.1 Higher Adoption of Gimbal-Based Moving Cameras in Photography Applications is Driving Their Demand
7.4 UAV Data Links
7.4.1 Risks Associated With Military Data Transfer is Leading to High Demand for UAV Data Links
7.5 UAV Ground Control Stations
7.5.1 Development of Advanced Military UAVs is Driving the Need for Technologically Advanced Ground Control Stations
7.6 UAV Launch & Recovery Systems
7.6.1 Increasing Use of Catapult-Launched UAVs Drives Demand for Launch & Recovery Systems
8 UAV Market, By Class
8.1 Introduction
8.2 Small UAVs
8.2.1 Advancements in Technology for Miniaturisation of Drones is Leading to Increased Use of Small UAVs in Commercial Applications
8.2.2 Nano UAVs
8.2.3 Micro UAVs
8.2.4 Mini UAVs
8.3 Strategic & Tactical UAVs
8.3.1 Rising Demand for Surveillance and Intelligence Gathering By Military and Law Enforcement Agencies Drives the Market
8.3.2 Close-Range (CR) UAVs
8.3.3 Short-Range (SR) UAVs
8.3.4 Medium-Range (MR) UAVs
8.3.5 Medium-Range Endurance (MRE) UAVs
8.3.6 Low-Altitude Deep Penetration (LADP) UAVs
8.3.7 Low-Altitude Long Endurance (LALE) UAVs
8.3.8 Medium-Altitude Long Endurance (MALE) UAVs
8.3.9 High-Altitude Long Endurance (HALE) UAVs
8.4 Special-Purpose UAVs
8.4.1 Demand for Combat Drones is Increasing in Major Economies Such as China, France, Germany, US, and Australia
8.4.2 Unmanned Combat Aerial Vehicles (UCAVS)
8.4.3 Loitering UAVs
8.4.4 Swarm Drones
8.4.5 Lethal UAVs
8.4.6 Decoy UAVs
8.4.7 Stratospheric UAVs
8.4.8 Exo-Stratospheric UAVs
9 UAV Market, By Vertical
9.1 Introduction
9.2 Military
9.2.1 Intelligence, Surveillance, and Reconnaissance (ISR)
9.2.1.1 Development of Advanced Surveillance UAVs for Military and Government Applications By Major Manufacturers Drives the Market
9.2.2 Combat Operations
9.2.2.1 Use of Combat UAVs to Launch Precision Guided Munitions on Terrorists Launch-pads is Increasing
9.2.3 Battle Damage Management
9.2.3.1 Spending on R&D to Develop Unmanned Aerial Platforms to Reduce Collateral Damage is Increasing
9.3 Commercial
9.3.1 Remote Sensing
9.3.1.1 Development of High-Altitude UAVs is Leading to Increased Use of UAVs in Remote Sensing Applications
9.3.2 Inspection & Monitoring
9.3.2.1 Rising Need for Inspection & Monitoring Activities in Oil & Gas and Mining Industries is Driving Demand for UAVs
9.3.3 Product Delivery
9.3.3.1 Amazon and Dhl Starting Aerial Drone Delivery Services is Resulting Increased Demand for UAVs for Product Delivery
9.3.4 Surveying & Mapping
9.3.4.1 UAVs Equipped With Advanced Payloads are Helping Companies Reduce Operational Costs of Surveying and Mapping
9.3.5 Inspection & Monitoring
9.3.5.1 Growing Need for Aerial Monitoring in Mining Industry Drives the Demand for UAVs
9.3.6 Aerial Imaging
9.3.6.1 Increasing Use of UAVs in the Film Industry and Journalism Drive the Aerial Imaging Segment
9.3.7 Industrial Warehousing
9.3.7.1 The Use of UAVs in Automated Warehousing to Reduce Operational Time is Increasing
9.3.8 Others
9.4 Government & Law Enforcement
9.4.1 Border Management
9.4.1.1 Development of Specialized Products By Major Manufacturers for Border Management Applications is Increasing
9.4.2 Traffic Monitoring
9.4.2.1 Growing Traffic is Leading to Increasing Real-Time Monitoring Using UAVs to Track Accidents
9.4.3 Firefighting & Disaster Management
9.4.3.1 Advancements in UAV Payloads Help Enhance the Monitoring of Forest Fires
9.4.4 Search & Rescue
9.4.4.1 The Use of Small UAVs for Search & Rescue Operations By Local Police Authorities is Rising
9.4.5 Police Operations & Investigations
9.4.5.1 Use of Advanced UAVs in Crime Scene Investigation By Local Police Departments is Driving the Segment
9.4.6 Maritime Security
9.4.6.1 Growing Integration of Surveillance UAVs With Naval Fleets Across the Globe Drives the Market
9.5 Consumer
9.5.1 Prosumers
9.5.1.1 Increasing Use of Flying Cameras for Making Video Contents
9.5.2 Hobbyists
9.5.2.1 Growing Use of Toy Drones for Leisure Activities
10 UAV Market, By Industry
10.1 Introduction
10.2 Defense & Security
10.2.1 Drones have Become an Integral Part of Military and Defense Operations
10.3 Agriculture
10.3.1 Increasing Demand for Crop Monitoring, Inspection, and Pesticide Spraying Applications Resulting in the Growth of UAV Market
10.4 Logistics & Transportation
10.4.1 Postal & Package Delivery
10.4.1.1 Use of Drones in Australia, Germany, Switzerland, and Singapore for Postal Delivery is Expected to Begin
10.4.2 Healthcare & Pharmacy
10.4.2.1 Delivery of Medical Supplies Using Autonomous Aerial Drones is Expected to Commercialize in the Forecast Period
10.4.3 Retail & Food
10.4.3.1 Retail & Food Delivery is Anticipated to Adopt Autonomous Last Mile Delivery Solutions
10.5 Energy & Power
10.5.1 Power Generation
10.5.1.1 Drones Used for Inspection and Maintenance of High-Voltage Transmission and Distribution Lines is Expected to Drive the UAV Market
10.5.2 Oil & Gas
10.5.2.1 Safe and Efficient Maintenance and Inspections By Drones in Oil & Gas Plants Drive the Market for UAV
10.6 Construction & Mining
10.6.1 Data Collection of Construction Site, 3D Mapping, Environmental Management, and Stockpile Management has Resulted in the Adoption of UAV
10.7 Media & Entertainment
10.7.1 Use of UAVs for Live Streaming of Aerial Photography and Videography is Driving the Market
10.8 Insurance
10.8.1 Drone Services Widely Used for Property Review, Damage Inspection, and Insurance Claim Investigations
10.9 Wildlife & Forestry
10.9.1 Specialized Micro Drones Equipped With High-Resolution Cameras Map and Monitor Wildlife
10.10 Academics & Research
10.10.1 Use of UAVs to Examine the Level of Greenhouse Gas Emissions and Monitor Pollution Levels is Increasing
11 UAV Market, By Type
11.1 Introduction
11.2 Fixed-Wing UAVs
11.2.1 Predator and Reaper are the Most Commonly Used Fixed-Wing UAVs in Military Applications
11.3 Fixed-Wing VTOL UAVs
11.3.1 Fixed-Wing VTOL UAVs are Capable of Carrying Heavy Payloads Resulting in Growth of the UAV Market
11.4 Rotary-Wing UAVs
11.4.1 Rotary-Wing UAVs are Used for Search & Rescue Operations, Precision Farming, and Law Enforcement
11.4.2 Single Rotor UAVs
11.4.3 Multi-Rotor UAVs
11.4.3.1 Bicopters
11.4.3.2 Tricopters
11.4.3.3 Quadcopters
11.4.3.4 Octocopters
12 UAV Market, By Range
12.1 Introduction
12.2 Visual Line of Sight UAVs
12.3 Extended Visual Line of Sight UAVs
12.4 Beyond Line of Sight UAVs
13 UAV Market, By Mtow
13.1 Introduction
13.2 <25 Kilograms
13.3 25-170 Kilograms
13.4 >170 Kilograms
14 UAV Market, By Mode of Operation
14.1 Introduction
14.2 Remotely Piloted
14.3 Optionally Piloted
14.4 Fully Autonomous
15 UAV Market, By Point of Sale
15.1 Introduction
15.2 Original Equipment Manufacturer (OEM)
15.3 Aftermarket
16 UAV Adjacent Market
16.1 Introduction
16.2 Drone Analytics Market, By Application
16.2.1 Thermal Detection
16.2.2 Geolocation Tagging
16.2.3 Aerial Monitoring
16.2.4 Ground Exploration
16.2.5 Volumetric Calculations
16.2.6 3D Modeling
16.2.7 Others
16.3 Drone Analytics Market, By Type
16.3.1 On-Premises
16.3.2 On-Demand
16.4 Drone Services Market, By Application
16.4.1 Aerial Photography & Remote Sensing
16.4.2 Data Acquisition & Analytics
16.4.3 Mapping & Surveying
16.4.4 3D Modeling
16.4.5 Disaster Risk Management & Mitigation
16.4.6 Inspection & Environmental Monitoring
16.4.7 Others
16.5 Drone Services Market, By Type
16.5.1 Drone Platform Services
16.5.2 Drone MRO Services
16.5.3 Drone Training & Education Services
16.6 Anti-Drone Market, By Application
16.6.1 Detection
16.6.2 Detection & Disruption
16.7 Anti-Drone Market, By Technology
16.7.1 Laser Systems
16.7.2 Kinetic Systems
16.7.3 Electronic Systems
17 Regional Analysis
17.1 Introduction
17.2 Regional Contract Mapping for the UAV Market
17.3 North America
17.3.1 US
17.3.1.1 Changing FAA Regulations and the Increasing Use of Commercial and Military Drones Will Drive the Growth of the UAV Market in the US
17.3.2 Canada
17.3.2.1 Stringent Regulations and Licensing Requirements Restrain the Growth of the UAV Market in Canada
17.4 Europe
17.4.1 UK
17.4.1.1 Technological Advancement and Changed Regulatory Policies is Expected to Drive the Unmanned Aerial Market in the UK
17.4.2 France
17.4.2.1 Government Initiatives to Support Development of UAV Capabilities is Expected to Fuel the UAV Market in France
17.4.3 Germany
17.4.3.1 Increasing Demand for Logistics and Delivery Services By Aerial Drones
17.4.4 Italy
17.4.4.1 Rising Demand of Uass for Border Surveillance, Intelligence Gathering, and Maritime Patrol is Expected to Lead the UAV Market in Italy
17.4.5 Russia
17.4.5.1 Increasing Spending on Procurement of Technologically Advanced Combat Drones By Russian Armed Forces
17.4.6 Sweden
17.4.6.1 Growing Procurement of UAV’s for Military Applications
17.4.7 Rest of Europe
17.5 Asia Pacific
17.5.1 China
17.5.1.1 Rising Procurement of Combat Drones and Growing Use of UAVs in Commercial Application in the Country
17.5.2 Japan
17.5.2.1 Increasing Use of Agricultural Drones for Monitoring, Spraying, and Surveying Applications in Japan
17.5.3 India
17.5.3.1 Increasing Demand for Military UAVs Leading to Indigenous Development of UAV
17.5.4 South Korea
17.5.4.1 Growing Use of UAV By Armed Force in Surveillance and Monitoring Applications
17.5.5 Australia
17.5.5.1 Growing Use of UAVs for Commercial Applications Such as Delivery of Food Products and Medical Supplies
17.5.6 Rest of Asia Pacific
17.6 Middle East
17.6.1 Saudi Arabia
17.6.1.1 Increasing Demand for Armed Drones Drives the Market in Saudi Arabia
17.6.2 Israel
17.6.2.1 Increased Spending in Research & Development of UAVs for Military and Commercial Applications Drives the Market in Israel
17.6.3 Turkey
17.6.3.1 Increasing Focus on Indigenization of UAV Platforms and Subsystems in the Country Drives the Market in Turkey
17.6.4 UAE
17.6.4.1 Increasing Procurement of UAVs for Military and Law Enforcement Applications Drives the Market in the UAE
17.6.5 Rest of Middle East
17.7 Latin America
17.7.1 Brazil
17.7.1.1 Rising Use of UAVs By the Police Force to Monitor Drug Trafficking and Smuggling Drives the Market
17.7.2 Mexico
17.7.2.1 Rising Use of UAVs By the Mexican Government to Fight Organized Crimes and Carry Out Surveillance Activities Drives Market Growth
17.7.3 Argentina
17.7.3.1 Rising Demand for UAVs for Pipeline Inspections Drives the Market in Argentina
17.7.4 Rest of Latin America
17.8 Africa
18 Competitive Landscape
18.1 Introduction
18.2 Competitive Analysis
18.3 Oem Competitive Leadership Mapping
18.3.1 Visionary Leaders
18.3.2 Innovators
18.3.3 Dynamic Differentiators
18.3.4 Emerging Companies
18.4 Startup Competitive Leadership Mapping
18.4.1 Progressive Companies
18.4.2 Responsive Companies
18.4.3 Dynamic Companies
18.4.4 Starting Blocks
18.5 Major Players in the UAV Market
18.6 Brand Analysis
18.7 Competitive Scenario
18.8 Investment Analysis
18.9 Leading/Emerging Drone Manufacturing Companies, By Area of Expertise
18.9.1 Next-Generation Drone Chip Manufacturers
18.9.2 Manufacturers of Drones That Capture Aerial Videos, Data, and Imagery
18.9.3 Manufacturers of Delivery Drones
18.9.4 Drone and Pilot Rental Service Providers
18.9.5 Manufacturers of UAV Hardware
18.9.6 Manufacturers of Commercial Drones
18.9.7 Manufacturers of Drones and UAV Software
18.9.8 UAV Training & Support Service Providers
18.9.9 New Product Launches
18.9.10 Contracts
18.9.11 Agreements, Acquisitions, Collaborations, and Joint Ventures
19 Company Profiles
19.1 Introduction
19.2 General Atomics
19.3 Northrop Grumman Corporation
19.4 Elbit Systems
19.5 Israel Aerospace Industries
19.6 Aerovironment
19.7 Lockheed Martin
19.8 Boeing
19.9 Aeronautics
19.10 Saab
19.11 Thales
19.12 DJI
19.13 Parrot
19.14 3D Robotics
19.15 Textron
19.16 Bae Systems
19.17 Raytheon
19.18 Ehang
19.19 Eca Group
19.20 Turkish Aerospace Industry
19.21 Yuneec
19.22 Microdrones
19.23 Precisionhawk
19.24 Flir Systems Inc.
19.25 Airbus
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence
Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform
SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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