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Unmanned Aircraft Systems (UAS) also known as drones are air vehicles that operate remotely or fly autonomously without human intervention. Drones can be utilized as weapons in wars or can help reinvent the way humanitarian aid is provided. They can help advance scientific research or can perform tracking, monitoring, and surveillance work. Drones could revolutionize the way humans do certain work or even perform dangerous tasks, but they could also encroach on the core values of a free and democratic society.
The increase in the demand for UAVs across sectors such as military & defense, homeland security, and commercial segments is a major factor behind the growth of the global UAV market. In addition, when disaster strikes, UAS can play vital roles in analyzing and mitigating their impacts when time is of the essence and environmental organizations and governments can use unmanned aircraft systems to monitor forests for illegal logging, protect green space, observe wildlife, and monitor erosion. In addition, UAS have virtually no limitations, with the ability to carry out such work in hazardous conditions, darkness, extreme heat, and a host of other conditions that may pose significant risks to manned aircraft. However, factors that limit the growth of the market include cloud and wind. Too much wind could make the drone impossible (or unsafe) to fly, and too much cloud cover could prevent the right images being taken.
The global unmanned aircraft systems (UAS) market is segmented by size, range, energy source, type, end user, and region. By size, the market is divided into very small UAS, small UAS, mini UAS, and large UAS. By range, it is classified into close range, short range, and high range. By energy source, the market is categorized into traditional airplane fuel, battery cells, and fuel cells. By type, the market is bifurcated into fixed wing and rotary wing. By end user, it is divided into civil, military, and commercial. Further, the civil segment is sub-divided into disaster relief, crime, conservation of biodiversity, and archeology; military is classified into attack and reconnaissance; and commercial is further divided into surveying, forestry, and agriculture. By region, the unmanned aircraft systems (UAS) market is studied across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
Some of the key players operating in the global unmanned aircraft systems (UAS) market are Lockheed Martin Corporation, Northrop Grumman Corporation, Boeing, Yamaha Motor Co., Ltd, Da-Jiang Innovations Science and Technology Co., Ltd., 3D Robotics, AeroVironment, Inc., Parrot SA, AscTec, and Xaircraft.
Key Benefits for Stakeholders:
The global unmanned aircraft systems (UAS) market size has been analyzed across four major regions.
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the unmanned aircraft systems (UAS) for strategy building.
The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.
Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, opportunities, and market trends along with their detailed impact analysis are elucidated in the study.
The market analysis covers in-depth information of major industry participants.
Key Market Segments
Key Market Players