UAV Drones Market – Global Industry Analysis And Forecast (2021 to 2029)

UAV Drones Market was valued at US$ 28.14 Bn. in 2021. UAV Drones Market size is estimated to grow at a CAGR of 18. 92% over the forecast period.

UAV Drones Market Overview:

The report explores the UAV Drones market's segments (Type, Payload, Component and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the UAV Drones market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the UAV Drones market's contemporary competitive scenario. Global UAV Drones Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2029. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

UAV Drones Market Dynamics:

An unmanned aerial vehicle, or UAV, is an aircraft that does not have a pilot on board. Using a remote connection, an aircraft controller on the ground manages the aircraft. UAV drones, usually referred to as flying robots, are used largely for military operations. The military forces can receive information from these drones about mission developments and events in the form of photos and aerial film. Over the forecast period, the unmanned aerial vehicle (UAV) drones market is going to rise primarily as a result of the increasing use of UAV drones in a wide range of end-use industries, such as the event and military sectors. On the other hand, the progress of the unmanned aerial vehicle (UAV) drones market is being constrained by the rules and limits put in place by government organizations in their various countries for flying drones in public locations. Drivers: The capacity for swift inspections: There are many various designs of unmanned aerial vehicles (UAV) drones, and some of them are capable of doing high or low altitude inspections. The versatility of these characteristics enables clients to quickly adapt the tools for their requirements. The unmanned aerial vehicle (UAV) sector, particularly building developers, is aware of the advantages of using drones in both routine & emergency scenarios. Unmanned aerial vehicles (UAV) drones are capable of performing a wide range of functions, including producing high-quality videos and images. As a result, over the projection period, the flexibility of fast inspections is driving the growth of the unmanned aerial vehicle (UAV) drones market. Countries with Armed Drones: UAV Drones Market Lack of data privacy One significant barrier to the development of unmanned aerial vehicle (UAV) drone technology is its flaws. The central control system of a drone can be quickly accessed by hackers, who can then take over control of the drone. Data can be exposed to unreliable third parties, files might be corrupted or damaged, and hackers can gain access to personal information. As a result, the market for unmanned aerial vehicles (UAV) drones is not expanding because of a lack of data privacy. Increasing usage of drones & unmanned aerial vehicles (UAVs) in the defence industry The global unmanned aerial vehicle (UAV) drones market has expanded tremendously as a result of the rising use of drones in the military, defence, and aerospace industries. Unmanned aerial vehicles (UAV) drones are used in the military and defence industries for a variety of tasks, including surveillance, target acquisition, information gathering, and transferring aircraft weaponry like bombs and missiles to specific locations. The ability to manage drones remotely lowers the risk of being captured by adversaries or hurt while on assignment, which is the fundamental benefit of using drones in the defence and military sectors. Unmanned aerial vehicle (UAV) drones are increasingly being used in the military industry, which is opening up lucrative potential for the market's expansion. The future of international aerospace & military: At a CAGR of 5.8%, the defence market is expected to hit $604.82 billion in 2026. The market's expansion is primarily the result of businesses restructuring their operations and recovering from the COVID-19 effect, which had previously resulted in restrictive containment measures like social isolation, remote work, and the closure of businesses that created operational difficulties. Unmanned combat vehicle usage is one of the key trends in this market. A machine or motorized vehicle that operates devoid of direct human control is referred to as an unmanned combat vehicle. These vehicles have sensors for optical avoidance and 360-degree situational awareness, steering actuators, brakes, and laser scanners, among other autonomous features that allow the vehicle to operate on its own or remotely. It is mostly used to survey the environment, transmit information to the operator via teleportation, or make judgments on its own to handle scenarios including various technological difficulties. For instance, the U.S. Army granted contracts for the creation of Medium Robotic Combat Vehicles in January 2020. (RCV-M). It is a 20 to 50 millimeter automatic cannon-equipped unmanned robotic teleop combat vehicle. It can battle with infantry and eliminate enemy trucks, troops, and armored personnel carriers. A growing number of people are using corner shot weapons because of the safety features they provide. A corner shot is a specialized weapon accessory that is essentially a hinged chassis attached to a handgun, a Beretta 92, or a pistol such a Glock. The gun's frame can curve around a corner and engage the target without exposing the soldiers thanks to the hinge chassis. It also has an LCD monitor, a built-in tactical light for lighting and navigation, as well as a bore-sighted, high-resolution video camera. In armored vehicles and tanks, on the top of the turret, corner shot rifles or cannons are frequently utilised to provide 360-degree field coverage while the triggerman remained securely within the vehicle. Depending on the weapon type, the weapon is precise and effective from 100 to 200 metres away. An increasing number of manufacturers of air-based defence systems are funding the creation of autonomous fighter jets. Fighter jets that can fly for longer periods of time and do not need human pilots are called autonomous fighter jets. Sensors in autonomous jets allow them to look for possible hazards and handle more data at once. These jets are highly suited for gathering intelligible information on the opposition, disabling their electronic systems, and taking out other aerial threats. Following suit, Boeing Australia and the Royal Australian Air Force (RAAF) partnered in the year 2019 to create three autonomous fighter jet prototypes with the names Airpower Teaming System and Loyal Wingman. These planes will fly next to the piloted ones during combat to confuse the opposition, aid in intelligence gathering, and provide surveillance. In the year 2023, the defence market's largest region was Asia Pacific. During the forecast period, Western Europe is expected to experience the fastest growth. Government laws & regulations that are strict: Remote ground control systems, also referred to as ground aviation systems, operate the unmanned aerial vehicle (UAV) drones. When flying any item, a number of laws and regulations are in effect, according to air traffic management. No one is allowed to use a drone unless they abide by the laws of the nation they are being used in. Unmanned aerial vehicle (UAV) drone regulations are quite strict in many nations, which presents a significant obstacle to the market's expansion. The objective of the report is to present a comprehensive analysis of the global UAV Drones Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the UAV Drones Market dynamic, and structure by analyzing the market segments and projecting the UAV Drones Market size. Clear representation of competitive analysis of key players by Design, price, financial position, Type portfolio, growth strategies, and regional presence in the UAV Drones Market make the report investor’s guide.

UAV Drones Market Scope:

Global UAV Drones Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US$ 28.14Bn.
Forecast Period 2022 to 2029 CAGR: 18. 92% Market Size in 2029: US$ 112.55 Bn.
Segments Covered: by Type • Commercial Drones • Military Drones
by Payload • UP TO 25 KG • Up to 150 kg • Others
by Component • Camera • Battery • Controller • Sensor • Others
by Application • Law Enforcement • Precision Agriculture • Media and Entertainment • Spying • Search and Rescue Operations • Others

UAV Drones Market by Region:

• North America • Europe • Asia Pacific • Middle East and Africa • South America

UAV Drones Market Key Players:

• General Atomics Aeronautical Systems • Northrop Grumman • DJI • Aerovironment • Parrot • Thales • 3DR • Lockheed Martin • Boeing • Textron • Precisionhawk • Aidrones • Saab • Ing Robotic Aviation • Delta Drone • Aeroscout. Frequently Asked Questions: 1. What is the study period of the market? Ans. The Global UAV Drones Market is studied from 2017-2029. 2. What is the growth rate of UAV Drones Market? Ans. The Global UAV Drones Market is growing at a CAGR of 18. 92% over forecast period. 3. Which region has largest share in The Global UAV Drones Market? Ans. North America holds the largest share. 4. What is the Global UAV Drones Market segment based on Application? Ans. Based on Application, Type , Payload, Component 5. Who are the key players in the Global UAV Drones Market? Ans. The key players in the Global UAV Drones Market are General Atomics Aeronautical Systems, Northrop Grumman, DJI, Aerovironment, Parrot, Thales, 3DR, Lockheed Martin, Boeing, Textron, Precisionhawk, Aidrones, Saab, Ing Robotic Aviation,Delta Drone, Aeroscout.
1. Global UAV Drones Size: Research Methodology 2. Global UAV Drones Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global UAV Drones Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global UAV Drones Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global UAV Drones Size Segmentation 4.1. Global UAV Drones Size, by Type (2021-2029) • Commercial Drones • Military Drones 4.2. Global UAV Drones Size, by Payload (2021-2029) • UP TO 25 KG • Up to 150 kg • Others 4.3. Global UAV Drones Size, by Component (2021-2029) • Camera • Battery • Controller • Sensor • Others 4.4. Global UAV Drones Size, by Application (2021-2029) • Law Enforcement • Precision Agriculture • Media and Entertainment • Spying • Search and Rescue Operations • Others 5. North America UAV Drones (2021-2029) 5.1. North America UAV Drones Size, by Type (2021-2029) • Commercial Drones • Military Drones 5.2. North America UAV Drones Size, by Payload (2021-2029) • UP TO 25 KG • Up to 150 kg • Others 5.3. North America UAV Drones Size, by Component (2021-2029) • Camera • Battery • Controller • Sensor • Others 5.4. North America UAV Drones Size, by Application (2021-2029) • Law Enforcement • Precision Agriculture • Media and Entertainment • Spying • Search and Rescue Operations • Others 5.5. North America UAV Drones, by Country (2021-2029) • United States • Canada • Mexico 6. European UAV Drones (2021-2029) 6.1. European UAV Drones, by Type (2021-2029) 6.2. European UAV Drones, by Payload (2021-2029) 6.3. European UAV Drones, by Component (2021-2029) 6.4. European UAV Drones, by Application (2021-2029) 6.5. European UAV Drones, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific UAV Drones (2021-2029) 7.1. Asia Pacific UAV Drones, by Type (2021-2029) 7.2. Asia Pacific UAV Drones, by Payload (2021-2029) 7.3. Asia Pacific UAV Drones, by Component (2021-2029) 7.4. Asia Pacific UAV Drones, by Application (2021-2029) 7.5. Asia Pacific UAV Drones, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa UAV Drones (2021-2029) 8.1. The Middle East and Africa UAV Drones, by Type (2021-2029) 8.2. The Middle East and Africa UAV Drones, by Payload (2021-2029) 8.3. The Middle East and Africa UAV Drones, by Component (2021-2029) 8.4. The Middle East and Africa UAV Drones, by Application (2021-2029) 8.5. The Middle East and Africa UAV Drones, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America UAV Drones (2021-2029) 9.1. South America UAV Drones, by Type (2021-2029) 9.2. South America UAV Drones, by Payload (2021-2029) 9.3. South America UAV Drones, by Component (2021-2029) 9.4. South America UAV Drones, by Application (2021-2029) 9.5. South America UAV Drones, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. General Atomics Aeronautical Systems. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Northrop Grumman 10.3. DJI 10.4. Aerovironment 10.5. Parrot 10.6. Thales 10.7. 3DR 10.8. Lockheed Martin 10.9. Boeing 10.10. Textron 10.11. Precisionhawk 10.12. Aidrones 10.13. Saab 10.14. Ing Robotic Aviation 10.15. Delta Drone 10.16. Aeroscout.

About This Report

Report ID 2632
Category Electronics
Published Date Aug 2022
Updated Date
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