Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"The commercial UAV market is expected to witness a prominent growth and is expected to scale up to $1.27 Billion by 2020, growing at a CAGR of 109.31% between 2014 and 2020, according to the report. With about 72% share in the overall, the rotary blade segment is expected to be the major contributor to the overall market. The segment is expected to reach $970 Million by 2020, at a CAGR of 110.61% between 2014 and 2020."

Source: Details from an interesting report, "UAV Drone Market for Commercial by Type (Fixed Wing, Rotary Blade, Quad Rotor), Technology (Energy & Propulsion System, Automation, Collision Avoidance), Application (Government, Agriculture, Manufacturing, Retail) & Geography - Global Forecast to 2020", published by MarketsandMarkets.

FMI: www.marketsandmarkets.com