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Unmanned Aerial Vehicle Market by Application, Class, System, UAV Type, Mode of Operation, Range, Point of Sale, MTOW And Region - Global Forecast to 2025

Unmanned Aerial Vehicle Market: Global Forecast until 2025

  • February 2018
  • 266 pages
  • ID: 4402200
In this report:
The battlefield damage management segment of the UAV market in military application is expected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2025 at a CAGR of ##.##% during the forecast period.
The border management segment of the UAV market in homeland security application is expected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2025, at a CAGR of ##.##% from 2018 to 2025.

Summary

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The UAV market is estimated to rise at a compound annual growth rate of ~14.1 percent during the forecast period.

The UAV market is forecasted to grow from ~$20.7B in 2018 to ~$52.3B by 2025, at a compound annual growth rate (CAGR) of 14.15% during the forecast horizon. Unmanned Aerial Vehicles are remotely piloted aerial vehicles that have significant roles in defense as well as commercial markets.

UAVs are commonly termed as 'drones' and increasingly used for border surveillance. They are also used in different commercial applications that contain monitoring, surveying and mapping, precision agriculture, aerial remote sensing, and product delivery. Therefore, growing use of UAVs in commercial and military applications is one of the most significant factors estimated to drive the rise of the UAV market.

The European and Latin American regions are anticipated to be the new revenue-generating industries for unmanned aerial vehicles. Exemptions made by the Federal Aviation Administration to allow the use of UAVs in different sectors are also contributing to the increase of the UAV market.

Established on category, the fixed-wing UAVs segment is estimated to result the UAV market in 2018.

Established on category, the fixed-wing UAVs segment is estimated to result the UAV market in 2018. Fixed-wing UAVs have longer endurance as compared to other UAVs, thereby making them suitable for use in commercial and military applications.

Established on class, the strategic UAVs segment is estimated to result the UAV market in 2018".

Established on class, the strategic UAVs segment is estimated to result the UAV market in 2018. The rise of the strategic UAVs segment can be connected to the extensive use of MALE and HALE UAVs by defense forces worldwide to obtain situational awareness for threat evaluation during combat operations.

Established on application, the military segment is estimated to result the UAV market in 2018.

Established on application, the military segment is estimated to result the UAV market in 2018. The increase of the military segment can be accredited to the rising use of UAVs in several military applications, including intelligence, surveillance, and reconnaissance and electronic warfare.

North America continent is estimated to result the UAV market in 2018.

The North American area is estimated to result the UAV market in 2018.The USA and Canada (CA) are main countries considered for market analysis in this zone.

Rise in defense expenditures of the US and Canada (CA) and the presence of main UAV manufacturers in North America (NA) are top factors providing to the rise of the UAV market in this area.

Break-up of profiles of primary members taking part for this industry report:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, Grade of manager - 40.0 percent, and D-level - 25.0 percent

• By Area: North America continent - 45.0 percent, Europe (EU) - 20.0 percent, APAC - 30.0 percent, and rest of the world - 5.0 percent

Top players operating in the UAV market contain General Atomics, Northrop Grumman, Textron, Boeing, DJI, Parrot, 3D Robotics, and Aeryon Labs.

Segment Research

This research study includes the segmentation of the UAV market based on UAV type (fixed-wing UAVS, multirotor UAVs, single rotor UAVs, and hybrid VTOL UAVs), class (small UAVs, tactical UAVs, strategic UAVs, and special purpose UAVs), application (military, civil & commercial, homeland security, and client), mode of operation (remotely operated UAVs, semi-autonomous UAVs, and fully-autonomous UAVs), range {Visual Line of Sight, Extended Visual Line of Sight, and Beyond Line of Sight }, MTOW (<25 kilograms, 25-150 kilograms, and >150 kilograms), point of sale (OEM and aftermarket), and system (UAV platforms, UAV payloads, UAV data links, UAV ground control stations, and UAV launch and recovery systems). These segments and sub-segments are mapped across different areas, like North America, EU, Asia-Pac, the Middle East area, Latin America area, and African continent. The study offers detailed market intelligence about main Elements such as drivers, alternatives, and market-specific challenges influencing the increase of the UAV market. It also provides an review of micromarkets with respect to individual developments trends, prospects, and their contribution to the UAV market.

Why acquiring this study can help you:

From an insight prospect, the UAV market report highlights on several levels of analyses - industry, market share research of top players, and company descriptions, which together comprise and examine basic views on the competitive landscape; high-growth areas and territories and their specific regulatory policies; and drivers, possibilities, and opportunities.

The UAV market report offers business insights on these pointers:

• business entry: Info concerning the competitive landscape of the UAV market

• Market Sizing: The estimated market size in 2017 and projection of the market from 2018 to 2025

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the UAV market

• Market Overview: Market forces and subsequent study of associated trends as well as drivers, alternatives, and opportunities prevailing in the UAV market

• Market Development: Highlighted information about lucrative sectors - the market research examines the sector for UAVs across several areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the UAV market

• Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), the Middle East (ME), Latin America area, and African continent

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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