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2021
Unmanned Aerial Vehicle (uav) Market

Unmanned Aerial Vehicle (UAV) Market by Type (Fixed Wing, Rotary Wing, and Hybrid), Application (Military & Defense, Civil & Commercial, Logistics & Transportation, Construction & Mining, and Others), and Weight (Less Than 50 Kg, and More Than 50 Kg): Global Opportunity Analysis and Industry Forecast, 2021–2030

A09059
Pages: 297
Oct 2021 | 5958 Views
   
Author(s) : Omkar Bachal , Sonia Mutreja
Tables: 110
Charts: 75
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Unmanned Aerial Vehicle (UAV) Market Statistics 2030 -

The global unmanned aerial vehicle market was valued at $24.72 billion in 2020, and is projected to reach $70.91 billion by 2030, registering a CAGR of 11.7%. North America was the highest revenue contributor, accounting for $9.80 billion in 2020, and is estimated to reach $24.22 billion by 2030, with a CAGR of 10.0%. Asia-Pacific is estimated to reach $21.34 billion by 2030, at a significant CAGR of 15.6%.

The spread of the COVID-19 pandemic has impacted the global unmanned aerial vehicles (UAV) market on a significant extend. The reduction in aerospace spending had a negative impact on autonomous aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs). Various countries with the foundations of a drone-friendly environment, such as U.S., the UK, China, Germany, and others, were able to quickly mobilize the technology from the start of the pandemic. These countries were able to incorporate unmanned aerial vehicle (UAV) into the COVID-19 response activities, due to enabling factors such as favorable regulations, skilled workforce, presence of vital resources, high adoption, and others.

Unmanned aerial vehicle (UAV) is an aerial transportation medium that operates without on-board crew or passengers guided by remote control, autonomously, or both. UAV is the next generation aircraft technology utilized for surveillance, assessment, logistics, and photography among others. Introduction of rules and regulation pertaining to usage of UAVs by various countries are directly influence the demand for unmanned aerial vehicle. Unmanned aerial vehicle (UAV) also known as drones. The growing adoption of the smart technology for the surveillance, analysis, imaging among others in the several fronts is expected to boost the growth for unmanned aerial vehicle (UAV). It finds its application in the various industries including military & defense, agricultural, civil & commercial, logistics & transportation, healthcare, construction & mining, and among others. 

Unmanned-Aerial-Vehicle-(UAV)-Market--2021-2030

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Factors such as upsurge in military spending, and growth in demand for improved surveillance solution are expected to drive the growth of the unmanned aerial vehicle (UAV) market. However, high cost of UAV solutions restrain the market growth. On the contrary, defense modernization, and contracts and agreements with military forces are projected to offer lucrative growth opportunities for the market players.

The global unmanned aerial vehicle (UAV) market is segmented on the basis of type, application, weight, and region. Depending on type, the market is segregated into fixed wing, rotary wing, and hybrid. By application, it is categorized into military & defense, civil & commercial, logistics & transportation, construction & mining, and others. Depending on weight, it is fragmented into less than 50 kg, and more than 50 kg. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Leading players and their key business strategies have been analyzed in the report to gain a competitive insight into the market. Key players covered in the report include AeroVironment, Inc., Airbus S.A.S., BAE Systems plc, DJI, Elbit Systems Ltd., FLIR Systems, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Textron Inc., and The Boeing Company. 

Growth in demand for improved surveillance solution

The growth in threat from terrorism and increase in security concerns worldwide have led to increased government expenditure for UAVs. Unmanned aerial vehicle solutions have wide range of applications in military & defense, civil & commercial, logistics & transportation, construction & mining, among others for the effective observations of the assets and surveillance of the areas for gaining the optimum operational effectiveness. UAV can carry out stealth operations, function in nights, operate at any location, and are operational efficient to deploy. Such benefits have led to increase in investments by governments to procure and develop a large number of UAVs globally. For instance, in September 2021, BAE Systems and Malloy Aeronautics have announced plans to explore the development of an all-electric ‘heavy lift’ unscrewed air system (UAS) as a potential new solution to deliver cost-effective, sustainable rapid response capability to military, security and civilian customers. Moreover, the security of key institutions has been greatly enhanced with advanced video surveillance and access control systems. Unmanned Aerial Vehicles are used for tactical planning and surveillance of major events or gatherings in large cities. Such factors are expected to fuel the growth of the global unmanned aerial vehicles (UAV) market during the forecast period.

Unmanned Aerial Vehicle (UAV) Market
By Type

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Rotary Wing segment is projected as the most lucrative segments

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High cost of UAV solutions

Unmanned Aerial Vehicles are quite valuable for defense forces as they are designed to perform a variety of operations, for instance, situational awareness, disarm bombs, provide aid to soldiers on the battleground, and also help in search and rescue operations. Currently, various nations across the world use UAVs for search operations, surveillance, rescue operations, and transportation. However, they incur huge costs for the military. Boeing’s subsidiary, Insitu, produced the ScanEagle- a small, long-endurance, low-altitude drone used mainly for reconnaissance purposes. Other very expensive military drones used by the defense forces worldwide include Northrop Grumann X-47B ($405 million per unit), BAE Systems Taranis ($206 million per unit), MQ-25 Stingray ($201 million per unit), RQ-4 Global Hawk ($131 million per unit), MQ-4C Triton ($120 million per unit), Turkish Aerospace Anka ( $100 million per unit), Northrop Grumann X-47B: $405 million per unit, BAE Systems Taranis: $206 million per unit, MQ-25 Stingray: $201 million per unit, RQ-4 Global Hawk: $131 million per unit, MQ-4C Triton: $120 million per unit, and Turkish Aerospace Anka: $100 million per unit. The high costs of UAVs make their adoption limited to the developed nations that have a huge defense spending capability. This factor is anticipated to hinder the growth of the global unmanned aerial vehicle (UAV) market during the forecast timeframe.

Unmanned Aerial Vehicle (UAV) Market
By Application

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Civil & Commercial segment is projected as the most lucrative segments

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Agreements and contracts with military agencies

Military agencies are the key consumers of unmanned aerial vehicle (UAV) solutions & related services. The procurement activities of these unmanned aerial vehicle (UAV) solutions are planned by considering the budget allocations and security severity. The commencement of the unmanned aerial vehicle (UAV) solutions are anticipated to be carried out through long-term agreements and contracts between defense department and solution suppliers of unmanned aerial vehicle (UAV) solutions. These agreements mention a set of requirements that must be met in a certain timeframe as these solutions are made to order products as per end user requirements. These contracts and agreements are associated with long-term business opportunities with these military agencies as well. Thus, market participants need to focus on winning the contracts and agreements to gain a competitive advantage in the global market.

Unmanned Aerial Vehicle (UAV) Market
By Weight

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More Than 50 Kg is projected as the most lucrative segments

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COVID-19 Impact Analysis 

The spread of the COVID-19 pandemic has negatively impacted the global unmanned aerial vehicle (UAV) market, owing to disruption in the supply chain, tighten budgets of the end users and is expected to weaken the financial performance of the market players in 2020. It has impacted the overall economy, and contributors such as market participants are formulating strategic cost-saving plans. The major risk factors of the Unmanned aerial vehicle (UAV) market participants are regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management. Majority of the developing facilities of unmanned aerial vehicle (UAV) have been shut down during the pandemic due to commute restrictions, workforce unavailability, and supply chain disturbance. Private and commercial security industries were one of the most severely affected industries by the pandemic and observed a decline of investments initially.

Unmanned Aerial Vehicle (UAV) Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 15.6% during 2021-2030.

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the global unmanned aerial vehicle (UAV) market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall unmanned aerial vehicle (UAV) market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global unmanned aerial vehicle (UAV) market with a detailed impact analysis.
  • The current unmanned aerial vehicle (UAV) market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry. 

Key Market Segments

  • By Type
    • Fixed Wing
    • Rotary Wing
    • Hybrid
  • By Application
    • Military & Defense
    • Civil & Commercial
    • Logistics & Transportation
    • Construction & Mining
    • Others
  • By Weight
    • Less Than 50 Kg
    • More Than 50 Kg
  • By Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • UK
      • Spain
      • France
      • Germany
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Rest of Asia Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • AeroVironment, Inc.
  • Airbus S.A.S.
  • BAE Systems plc
  • DJI
  • Elbit Systems Ltd.
  • FLIR Systems, Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Textron Inc.
  • The Boeing Company
 

CHAPTER 1:INTRODUCTION

1.1.Report description 
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Upsurge in Military Spending
3.5.1.2.Growth in demand for improved surveillance solution

3.5.2.Restraint

3.5.2.1.High cost of UAV solutions

3.5.3.Opportunities

3.5.3.1.Defense modernization
3.5.3.2.Contracts and agreements with military forces

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macroeconomic impact analysis
3.6.3.Microeconomic impact analysis
3.6.4.Impact on industry analysis

CHAPTER 4:UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE

4.1.Overview
4.2.Fixed Wing

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Rotary Wing

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Hybrid

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION

5.1.Overview
5.2.Military & Defense

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Civil & Commercial

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Logistics & Transportation

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Construction & Mining

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT

6.1.Overview
6.2.Less Than 50 Kg

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.More Than 50 Kg

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:UNMANNED AERIAL VEHICLE (UAV) MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, By Type
7.2.3.Market size and forecast, By Application
7.2.4.Market size and forecast, By weight
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, By Type
7.2.5.1.2.Market size and forecast, By Application
7.2.5.1.3.Market size and forecast, By weight

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, By Type
7.2.5.2.2.Market size and forecast, By Application
7.2.5.2.3.Market size and forecast, By weight

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, By Type
7.2.5.3.2.Market size and forecast, By Application
7.2.5.3.3.Market size and forecast, By weight

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, By Type
7.3.3.Market size and forecast, By Application
7.3.4.Market size and forecast, By weight
7.3.5.Market size and forecast, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, By Type
7.3.5.1.2.Market size and forecast, By Application
7.3.5.1.3.Market size and forecast, By weight

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, By Type
7.3.5.2.2.Market size and forecast, By Application
7.3.5.2.3.Market size and forecast, By weight

7.3.5.3.France

7.3.5.3.1.Market size and forecast, By Type
7.3.5.3.2.Market size and forecast, By Application
7.3.5.3.3.Market size and forecast, By weight

7.3.5.4.Spain

7.3.5.4.1.Market size and forecast, By Type
7.3.5.4.2.Market size and forecast, By Application
7.3.5.4.3.Market size and forecast, By weight

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, By Type
7.3.5.5.2.Market size and forecast, By Application
7.3.5.5.3.Market size and forecast, By weight

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, By Type
7.4.3.Market size and forecast, By Application
7.4.4.Market size and forecast, By weight
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, By Type
7.4.5.1.2.Market size and forecast, By Application
7.4.5.1.3.Market size and forecast, By weight

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, By Type
7.4.5.2.2.Market size and forecast, By Application
7.4.5.2.3.Market size and forecast, By weight

7.4.5.3.South Korea

7.4.5.3.1.Market size and forecast, By Type
7.4.5.3.2.Market size and forecast, By Application
7.4.5.3.3.Market size and forecast, By weight

7.4.5.4.India

7.4.5.4.1.Market size and forecast, By Type
7.4.5.4.2.Market size and forecast, By Application
7.4.5.4.3.Market size and forecast, By weight

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, By Type
7.4.5.5.2.Market size and forecast, By Application
7.4.5.5.3.Market size and forecast, By weight

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, By Type
7.5.3.Market size and forecast, By Application
7.5.4.Market size and forecast, By weight
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, By Type
7.5.5.1.2.Market size and forecast, By Application
7.5.5.1.3.Market size and forecast, By weight

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, By Type
7.5.5.2.2.Market size and forecast, By Application
7.5.5.2.3.Market size and forecast, By weight

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, By Type
7.5.5.3.2.Market size and forecast, By Application
7.5.5.3.3.Market size and forecast, By weight

CHAPTER 8:COMPANY PROFILES

8.1.AEROVIRONMENT, INC.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.AIRBUS S.A.S.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance
8.2.6.Key strategic moves and developments

8.3.BAE Systems plc

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments

8.4.DJI

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.4.4.Key strategic moves and developments

8.5.Elbit Systems Ltd.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.FLIR SYSTEMS, INC.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments

8.7.LOCKHEED MARTIN CORPORATION

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.NORTHROP GRUMMAN CORPORATION

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.TEXTRON INC.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.THE BOEING COMPANY

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance

LIST OF TABLES

TABLE 01.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 02.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR FIXED WING, BY REGION, 2020–2030 ($MILLION)
TABLE 03.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR ROTARY WING, BY REGION, 2020–2030 ($MILLION)
TABLE 04.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR HYBRID, BY REGION, 2020–2030 ($MILLION)
TABLE 05.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 06.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR MILITARY & DEFENSE, BY REGION, 2020–2030 ($MILLION)
TABLE 07.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR CIVIL & COMMERCIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 08.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR LOGISTICS & TRANSPORTATION, BY REGION, 2020–2030 ($MILLION)
TABLE 09.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR CONSTRUCTION & MINING, BY REGION, 2020–2030 ($MILLION)
TABLE 10.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 11.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 12.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR LESS THAN 50 KG, BY REGION, 2020–2030 ($MILLION)
TABLE 13.UNMANNED AERIAL VEHICLE (UAV) MARKET FOR MORE THAN 50 KG, BY REGION, 2020–2030 ($MILLION)
TABLE 14.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 18.U.S. UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 19.U.S. UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 20.U.S. UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 21.CANADA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 22.CANADA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 23.CANADA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 24.MEXICO UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.MEXICO UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 26.MEXICO UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 27.EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 29.EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 30.UK UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 31.UK UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 32.UK UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 33.GERMANY UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 34.GERMANY UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 35.GERMANY UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 36.FRANCE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 37.FRANCE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 38.FRANCE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 39.SPAIN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 40.SPAIN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 41.SPAIN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 42.REST OF EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 44.REST OF EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 45.ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 46.ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 47.ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 48.CHINA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 49.CHINA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 50.CHINA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 51.JAPAN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 52.JAPAN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 53.JAPAN UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 54.SOUTH KOREA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 55.SOUTH KOREA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 56.SOUTH KOREA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 57.INDIA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 58.INDIA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 59.INDIA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 63.LAMEA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 64.LAMEA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 65.LAMEA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 66.LATIN AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 67.LATIN AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 68.LATIN AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 69.MIDDLE EAST UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 70.MIDDLE EAST UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 71.MIDDLE EAST UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 72.AFRICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 73.AFRICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY APPLICATION 2020–2030 ($MILLION)
TABLE 74.AFRICA UNMANNED AERIAL VEHICLE (UAV) MARKET, BY WEIGHT, 2020–2030 ($MILLION)
TABLE 75.AEROVIRONMENT, INC.: COMPANY SNAPSHOT
TABLE 76.AEROVIRONMENT, INC.: OPERATING SEGMENTS
TABLE 77.AEROVIRONMENT, INC.: PRODUCT PORTFOLIO
TABLE 78.AIRBUS S.A.S.: COMPANY SNAPSHOT
TABLE 79.AIRBUS S.A.S.: OPERATING SEGMENTS
TABLE 80.AIRBUS S.A.S.: PRODUCT PORTFOLIO
TABLE 81.BAE SYSTEMS PLC: COMPANY SNAPSHOT
TABLE 82.BAE SYSTEMS PLC: OPERATING SEGMENTS
TABLE 83.BAE SYSTEMS PLC: PRODUCT PORTFOLIO
TABLE 84.BAE SYSTEMS PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.DJI: COMPANY SNAPSHOT
TABLE 86.DJI: PRODUCT PORTFOLIO
TABLE 87.DJI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 88.ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 89.ELBIT SYSTEMS LTD.: OPERATING SEGMENTS
TABLE 90.ELBIT SYSTEMS LTD.: PRODUCT PORTFOLIO
TABLE 91.ELBIT SYSTEMS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 92.FLIR SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 93.FLIR SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 94.FLIR SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 95.FLIR SYSTEMS, INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 96.LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 97.LOCKHEED MARTIN CORPORATION: OPERATING SEGMENTS
TABLE 98.LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 99.LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100.NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 101.NORTHROP GRUMMAN CORPORATION: OPERATING SEGMENTS
TABLE 102.NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 103.NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104.TEXTRON INC: COMPANY SNAPSHOT
TABLE 105.TEXTRON INC: OPERATING SEGMENTS
TABLE 106.TEXTRON INC: PRODUCT PORTFOLIO
TABLE 107.TEXTRON INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108.THE BOEING COMPANY: COMPANY SNAPSHOT
TABLE 109.THE BOEING COMPANY: OPERATING SEGMENTS
TABLE 110.THE BOEING COMPANY: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY SEGMENTATION, 2021–2030
FIGURE 03.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY REGION, 2021–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.UNMANNED AERIAL VEHICLE (UAV) MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR FIXED WING BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR ROTARY WING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR HYBRID, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.UNMANNED AERIAL VEHICLE (UAV) MARKET SHARE, BY APPLICATION, 2020–2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR MILITARY & DEFENSE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR CIVIL & COMMERCIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR LOGISTICS & TRANSPORTATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR CONSTRUCTION & MINING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.UNMANNED AERIAL VEHICLE (UAV) MARKET SHARE, BY WEIGHT, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR LESS THAN 50 KG, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET FOR MORE THAN 50 KG, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.UNMANNED AERIAL VEHICLE (UAV) MARKET, BY REGION, 2020–2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 30.U.S. UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 31.CANADA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 32.MEXICO UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 34.UK UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 35.GERMANY UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 36.FRANCE UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 37.SPAIN UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 38.REST OF EUROPE UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 39.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 40.CHINA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 41.JAPAN UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 42.SOUTH KOREA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 43.INDIA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 45.COMPARATIVE SHARE ANALYSIS OF UNMANNED AERIAL VEHICLE (UAV) MARKET, BY COUNTRY,  2020–2030 (%)
FIGURE 46.LATIN AMERICA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 47.MIDDLE EAST UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 48.AFRICA UNMANNED AERIAL VEHICLE (UAV) MARKET, 2020–2030 ($MILLION)
FIGURE 49.AEROVIRONMENT, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.AEROVIRONMENT, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.AEROVIRONMENT, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.AIRBUS S.A.S.: NET SALES, 2018–2020 ($MILLION)
FIGURE 53.AIRBUS S.A.S.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.AIRBUS S.A.S.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.BAE SYSTEMS PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.BAE SYSTEMS PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.BAE SYSTEMS PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.ELBIT SYSTEMS LTD., 2018–2020 ($MILLION)
FIGURE 59.ELBIT SYSTEMS LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.ELBIT SYSTEMS LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.FLIR SYSTEMS, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 62.FLIR SYSTEMS, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.FLIR SYSTEMS, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64.LOCKHEED MARTIN CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 65.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 66.LOCKHEED MARTIN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.NORTHROP GRUMMAN CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 68.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.NORTHROP GRUMMAN CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 70.TEXTRON INC: NET SALES, 2018–2020 ($MILLION)
FIGURE 71.TEXTRON INC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 72.TEXTRON INC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 73.BOEING: NET SALES, 2018–2020 ($MILLION)
FIGURE 74.THE BOEING COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 75.THE BOEING COMPANY: REVENUE SHARE BY REGION, 2020 (%)


 
 

The global unmanned aerial vehicle (UAV) market is expected to witness significant growth, owing to growth in the adoption of the smart technology in agricultural, mining and construction for surveillance and rise in modernization and up gradation of the security agencies in various countries. Unmanned aerial vehicle (UAV) is the next gen aircraft system propelled autonomously or remote controlled system without on-board pilot or passengers. North America is a leader in the unmanned aerial vehicle (UAV) market, owing to the changing security outlook and presence of the unmanned aerial vehicle (UAV) manufacturer across the region. Civil & commercial segment is witnessing leading consumer in the global market and it is expected to emerge as a lucrative segment throughout the forecast period.

The global unmanned aerial vehicle (UAV) market is a fairly fragmented market in which several market participants are operating in the global market. Market participants are focused to develop their sales footprints by entering into long-term contracts and agreements with the military and law enforcement agencies among others. Moreover, market players are focused on acquisition, agreement, collaboration, partnership, product development, and product launch activities to gain competitive advantage. Numerous developments have been carried out by top companies, such as AeroVironment, Inc., Airbus S.A.S., BAE Systems, DJI, Elbit Systems, FLIR Systems, Lockheed Martin, Northrop Grumman, Textron Inc. and others which supplements growth of the global unmanned aerial vehicle (UAV) market. The impacts of COVID-19 significantly affected the global unmanned aerial vehicle (UAV) market in 2020.

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A. The global unmanned aerial vehicle market was valued at $24,717.44 million in 2020, and is projected to reach $70,910.54 million by 2030, registering a CAGR of 11.7%.

A. Fixed Wing, Rotary Wing, and Hybrid are the different types of Unmanned aerial vehicle (UAV).

A. The report sample for global Unamnned Aerial Vehicle (UAV) market report can be obtained on demand from the website.

A. Development of the UAV for civil and commercial use is expected to the upcoming trends in UAV market

A. Upsurge in Military Spending, and Growth in demand for improved surveillance solution are the key supporting factor for market growth

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. DJI, AeroVironment, Inc., Northrop Grumman Corporation, Elbit Systems Ltd. have the most market share in UAVs

A. The U.S., Germany and China are the key matured markets growing in the Unamnned Aerial Vehicle (UAV) industry

A. Defense modernization, Contracts and agreements with military forces are the known and unknown adjacencies impacting the UAV market

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