1. Market Research
  2. > Aerospace and Defense
  3. > Aerospace
  4. > Aviation
  5. > Aircraft
  6. > Drone Market Trends
Tactical UAV Market - Growth, Trends, and Forecast (2019 - 2024)

Tactical UAV Market - Growth, Trends, and Forecast (2019 - 2024)

  • November 2019
  • 120 pages
  • ID: 5865758
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The tactical UAV market is anticipated to reach USD 6.48 billion by 2024, with a CAGR of 19.21% during the forecast period. This growth is due to the growing procurements of UAVs by the armies to provide a competitive advantage on the battlefield.
- This growth is also due to the increasing investments in tactical UAVs in the Asia-Pacific region. Countries like China and India are investing in these UAVs. In the past few years, China deployed a number of UAVs, which includes tactical and strategic UAVs, such as the ASN-209 tactical UAV system.
- Integrating the technologies, like artificial intelligence, cloud computing, hypersonic technologies, and swarms of small drones into the existing tactical UAV technologies will provide future opportunities for the development of advanced tactical UAV systems.

Scope of the Report
Tactical UAVs are generally used for applications like reconnaissance, surveillance, and target acquisition (RSTA). The tactical UAV missions can also include target designation, chemical-bio detection, mine countermeasures, theater air missile defense, electronic warfare, and information warfare.

Key Market Trends
Military segment dominates in terms of market share

The military segment currently has the highest market share due to high investments by military and armed forces into the procurement of advanced tactical UAVs, along with high R&D investments by the companies to provide advanced tactical features to the UAVs. For instance, China Aerospace Science and Technology Corp (CASC) unveiled the new generation attack and reconnaissance UAV, CH-X, at the Airshow, China, 2018. The new CH-X is the most advanced UAV in the CH series. CASC is one of the major manufacturers in the Chinese UAV market and has developed CH-3, CH-4, and CH-5 tactical UAVs. Such advancements in the military sector are expected to drive the growth of the segment during the forecast period.

Rest of the World segment to experience the highest growth

The rest of the world segment of the market is expected to register the highest CAGR during the forecast period, due to increasing R&D programs in countries, like Israel and increasing procurements by countries like Germany. Also, this growth is due to the increasing advancements in tactical UAVs in Russia and Ukraine. For instance, Anotov developed and deployed Gorlysta, a new tactical unmanned aerial vehicle for the Ukrainian forces. This UAV multifunctional tactical unmanned aircraft consists of four unmanned aircraft, a remote pilot station, as well as a command and communication link. This UAV can also carry missile systems. Such developments help the rest of the world segment to grow rapidly.

Competitive Landscape
The market of tactical UAV is highly fragmented. The key players in the market in 2018 were the Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Elbit Systems Ltd, and Israel Aerospace Industries (IAI). Boeing is involved in the R&D of tactical UAVs, under its wholly-owned subsidiary, Insitu.

Northrop Grumman Corporation was selected by the Defense Advanced Research Projects Agency (DARPA), as a Phase 1 Swarm Systems Integrator for the Offensive Swarm-enabled Tactics (OFFSET) program. As part of this program, the company is tasked with designing, developing, and deploying a swarm-system, open-based architecture for swarm technologies in simulation and physical test bed.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2019

Reportlinker.com © Copyright 2021. All rights reserved.

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

Make sure you don’t miss any news and follow us on