Market Challenges And Opportunities

High initial investment and stringent regulatory landscape for the new industry entrants is expected to present considerable challenge for the new industry entrants

U.S. demands are expected to dominate the regional landscape owing to several factors that prominently include, high inclination towards these solutions, presence of significant industry participants and the large annual defense budgets. Moreover, according to press release in July 2017, U.S. is making significant efforts to develop countermeasures for such unmanned aerial vehicle invasions. Asia Pacific will continue to remain the second most attractive regional segments owing to presence of considerably high number of regional conflicts and the requirement to uphold the competition with neighboring animosity.