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Next Move Strategy Consulting

Unmanned Aerial Vehicle (UAV) Market Report 2030: Key Insights You Need to Know

Unmanned Aerial Vehicle (UAV) Market Report 2030: Key Insights You Need to Know

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According to the study by Next Move Strategy Consulting, the global Unmanned Aerial Vehicle (UAV) Market size is predicted to reach USD 47.61 billion with a CAGR of 13.0% till 2030. 

UAVs are commonly known as drones, and they are operated remotely by a human or using varying autonomy, such as autopilot assistance or completely autonomous aircraft without human interaction.

The high maneuverability of UAV systems makes them efficient in numerous operations where manned aerial vehicles, such as helicopters, pose a risk to the pilot. UAVs were initially developed for military and aerospace, and they have progressively found their way into several other sectors, including logistics, farming, civil, and entertainment.

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