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The unmanned aerial vehicles (UAV) industry analysis projects the market to grow at a significant CAGR of 13.27% based on value during the forecast period from 2020 to 2025. The North America region dominated the global UAV market with a share of 51% by value in 2019. Its total market size was valued at $11.66 billion in 2019 and is projected to reach $ 21.91 billion by 2025, registering the highest CAGR value during the forecast period of 2020-2025. This is due to the presence of many drone manufacturing companies in the region. Additionally, countries such as China, Japan, South Korea, Australia, and Singapore are adopting UAVs rapidly, making Asia-Pacific the second-largest market for UAVs. The global UAV market in APAC was valued at $5.45 billion in 2019 and is expected to grow at a CAGR of 15.64% during the forecast period 2020-2025. ....

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