UAV Market’s Impressive Growth: 7.9% CAGR Driving it to $38.3 Billion by 2027
The UAV Market is poised for significant growth, with projections indicating an increase from USD 26.2 billion in 2022 to USD 38.3 billion by 2027, boasting a Compound Annual Growth Rate (CAGR) of 7.9%. This substantial expansion is primarily attributed to the surging adoption of Unmanned Aerial Systems (UAS) in commercial applications and heightened procurement of UAVs by military forces...