SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

February 01, 2016 07:45 ET

Drone Launchers Market Size to Reach $1.3 Billion by 2021: Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Feb 1, 2016) - A recent study by Radiant Insights, Inc. notes that the global drone launchers market was worth USD 150 million in 2014. By 2021, the market would reach a valuation of 1.3 billion. This may be attributed to growing defense budgets of industrialized nations. Developments in communications capability, systems integration, and payload technologies will also encourage demand.

The global drones market is on an upswing. It is expected to grow to a considerable extent in the years to come. This is triggering a subsequent growth of the drone launchers market. Launchers are indispensible to drone implementation.

Browse Full Research Report With TOC On Drone Launchers: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" at: http://www.radiantinsights.com/research/drone-launcher-market-shares-strategies-and-forecasts-worldwide-2015-to-2021

Launchers for UAVs - Unmanned Aerial Vehicles are portable devices that make possible remote deployment of self-piloted aircrafts. UAVs have a smaller size as compared to manned aircrafts. They are stored and transported in a cost-effective manner. This necessitates the use of portable launchers. UAVs often carry communications equipment and camera sensors, among other things.

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