FACTORS INFLUENCING UNMANNED AERIAL VEHICLE MARKET DEMAND
Keywords:
Unmanned aerial vehicle, market demand, technological innovation, applications and industries, consumer preferences, and regulatory and economic factorsAbstract
Abstract:
The primary purpose of this study is to determine the degree of Factors Influencing Unmanned Aerial Vehicles Market Demand. The variables included in this study are number of years of company existence, form of organization, number of employees, size of company, and nature of operations. The factors influencing unmanned aerial vehicles’ market demand is divided into technological innovation, applications and industries, consumer preferences, and regulatory and economic factors. The degrees of factors influencing unmanned aerial vehicle market demand in the aforementioned areas are all interpreted as high degree. Results revealed no significant difference in the degree of factors influencing unmanned aerial vehicles market demand in the areas composed of consumer preferences and regulatory and economic factors when grouped and compared according to the aforementioned variables. Results revealed no significant difference in the degree of factors influencing unmanned aerial vehicles market demand in the areas composed of technological innovation, and applications and industries when grouped and compared according to form of organization, number of employees, size of company, and nature of operations. However, there is significant difference in terms of number of years of company existence.
Keywords: Unmanned aerial vehicle, market demand, technological innovation, applications and industries, consumer preferences, and regulatory and economic factors.
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