1. Market Research
  2. > Aerospace and Defence Market Trends
  3. > The Global UAV Market: Market drivers, trends, developments and challenges

Introduction

The global UAV market is forecast to grow through to 2025. The rate of growth will differ from region to region but Europe will see the strongest growth. North America will remain the largest regional market as the US's involvement in global peacekeeping missions spurs demand. The need for many developing nations to modernize their forces will mean that all regions see growth.

Features and benefits

* Learn about the size of the global UAV market.
* Understand the future direction of the global UAV market and the factors driving it.
* Assess the key market trends and developments.
* Analyze the changes facing the market and its players.

Highlights

A perceived increase in both internal and external security threats is forcing countries across all regions to invest in protection and UAVs are a key feature as they look for solutions that offer both combat and information gathering benefits. Demand has been increased by a growing number of territorial disputes.
UCAVs (unmanned combat air vehicles) are becoming an increasing area of focus for R&D efforts and solar-powered UAVs are also a key developing trend with recent successes demonstrating that they are a very realistic and efficient alternative to fuel-powered aircraft. There is a noticeable shift towards mini, micro and nano UAVs.
The market faces a number of challenges. High accident rates continue to impede the industry and the presence of international associations often hinders export efforts. The growing popularity of UAVs puts pressure on the miniaturization of subsystems such as radars, EO/IR systems and Electronic Warfare systems.

Your key questions answered

* How big is the global UAV market?
* How is the market expected to grow and what is driving growth in the market?
* What are the notable trends in the global UAV market?
* What challenges do market players face?

Table Of Contents

The Global UAV Market: Market drivers, trends, developments and challenges
OVERVIEW
Catalyst
Summary
UAV MARKET GROWING, EUROPE PROVIDES MOST IMPETUS, NORTH AMERICA THE LARGEST MARKET
Global UAV market estimated to cumulatively hit $115.7 billion during forecast period
North America largest market, Europe fastest growing
Growth in other regions due to force modernization, increased unrest and low troop numbers
NEED FOR ADVANCED DEFENSE SYSTEMS, INCREASED THREATS and TERRITORIAL DISPUTES SPUR GROWTH
Increased internal and external security threats drive demand
Territorial disputes to increase global demand for UAVs for border monitoring
Need for advanced defense systems creates opportunities
KEY TRENDS: UCAVS, SOLAR POWERED AIRCRAFT, NEW VEHICLE TYPES AND CONSOLIDATION
UCAVs key category for research and development expenditure
Demand for solar-powered UAVs is forecast to increase
Shift from procurement of conventional to Mini, Micro and nano UAVs
Increased consolidation through partnerships and JVs
KEY CHALLENGES: ACCIDENT RATES, RESTRICTED EXPORTS AND MINIATURIZATION
High accident rates impede the global UAV industry
International associations restrict exports
Miniaturization becoming major challenge for the industry
CONCLUSIONS
Advancements in UAV technology and changes in warfare drive growth, but challenges remain
APPENDIX
Definitions
Further Reading
Ask the analyst
About MarketLine
Disclaimer

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Drone Payload Market by Type, End-User, and Region - Global Forecast to 2021

Drone Payload Market by Type, End-User, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • August 2016
  • by MarketsandMarkets

“The drone payload market is projected to grow at a CAGR of 16.25%” The drone payload market is estimated to be valued at USD 3.63 billion in 2016 and is projected to reach USD 7.72 billion by 2021, ...

Unmanned Aerial Vehicle Market by Application, Class, Subsystem, Energy Source, Material Type, Payload and Region - Global Forecast to 2022

Unmanned Aerial Vehicle Market by Application, Class, Subsystem, Energy Source, Material Type, Payload and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“Increasing demand for UAVs for commercial applications is the key factor impacting the growth dynamics of the UAV (Unmanned Aerial Vehicle) market” The UAV (Unmanned Aerial Vehicle) market is estimated ...

UAV Drones Market by Type, Payload, Application, Component, and Geography - Global Forecast to 2022

UAV Drones Market by Type, Payload, Application, Component, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • October 2016
  • by MarketsandMarkets

“UAV drones market projected to grow at a CAGR of 19.99% between 2016 and 2022.” The UAV market has entered the growth phase and is expected to grow further in the coming years. The market is expected ...

Robotics Market Forecasts

August 2016 $ 4772

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.