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2021
Unmanned Combat Aerial Vehicle (ucav) Market

Unmanned Combat Aerial Vehicle (UCAV) Market by Application (Civil & Commercial, Military Application and Homeland Security), Type (High-altitude UCAV and Medium-altitude UCAV), Components (Cameras, Electro-optic/Infrared sensor, Electronic intelligence, CBRN sensors, Laser sensors, Communication intelligence), and Source (Hybrid cell, Hydrogen, Lithium-ion battery, and Solar cell)- Global Opportunity Analysis and Industry Forecast, 2021-2030.

A13314
Pages: NA
Nov 2021 | 81 Views
   
Author(s) : Sonia Mutreja
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Unmanned combat aerial vehicle market Outlook 2030 –

An unmanned combat aerial vehicle (UCAV) is an unmanned aerial vehicle that is used for intelligence, surveillance, target acquisition, and reconnaissance and carries aircraft ordnance such as missiles, ATGMs, and/or bombs in hard points for drone attacks. These drones are normally controlled by humans in real time, with variable degrees of autonomy. UCAVs are utilized for both drone strikes and battlefield intelligence, unlike unmanned surveillance and reconnaissance aerial vehicles. This sort of aircraft does not have a human pilot on board. Because the vehicle is controlled from a remote terminal, the equipment required for a human pilot is not required, resulting in a lighter and smaller vehicle than a manned aircraft. Many countries have domestic UCAVs in service, and many more have bought armed drones or are developing them.

Market scope and structured analysis:

Report Metric

Details

  Market size available for years

  2020-2030

  Base year considered

  2020

  Forecast period

  2021-2030

  Forecast units

  Value(USD)

  Segment covered

  Application, Type, Component, Source, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

BAE Systems, General Atomics Aeronautical Systems, Boeing, Northrop Grumman, Israel Aerospace Industries, SZ DJI Technology Co., Ltd., Parrot SA, Lockheed Martin Corporation, Textron Inc., and AeroVironment Inc.

 

COVID-19 Impact Analysis

Due to the covid-19 outbreak, drone procurement is a direct proponent of the demand from end-user industries, COVID-19 has had a severe impact on the market in focus. The ongoing global economic slowdown is anticipated to result in a subsequent decline in the demand for drones from end-user sectors such as construction, mining, etc. The demand for drones has witnessed a rapid increment on account of their diverse application portfolio. Law enforcement agencies around the world have procured drones to help maintain the social distancing norms and carry out situation monitoring missions without risking exposure. The existing regulations and controls have limited the brunt of the impact of the wider supply chain disruption caused by the pandemic on the major US-based companies.

Top impacting factors

  • Increased adoption of UCAV in civil and military applications, surged use of UAV in disaster relief operations, and improvements in regulatory frameworks related to aerial operations are the major factors drives the growth of the unmanned combat aerial vehicle.
  • Lack of skilled personnel for operating drones, and issues related to drone safety and security are the major constraints that hindered the growth of the unmanned aerial combat vehicle.
  • Integration of machine learning & artificial intelligence technology in UCAV, and ongoing technological advancements in UCAV offers the opportunities of the unmanned combat aerial vehicle

Adoption of UCAV in military applications

Drones have been employed by military forces of different countries for over a decade. Predator UCAV is the most popular one. Combat drones are currently being used by ground forces on a routine basis. Military expenditure for UCAV technology is anticipated to grow as a total percentage of military budgets, offering growth opportunities to specialized drone manufacturers and software developers. A primary analysis of the budget request of the department of defense resulted in the identification of billion for drone-related procurements, research and development projects, and production. Various drones are being designed solely for surveillance operations. However, some drones have been designed for critical operations, such as carrying munitions. Some countries use remotely piloted UCAV designed for carrying munitions for dense forces. Drones are also used as loitering munitions. The loitering munitions are defined as weapons or flying bombs that contain high-resolution cameras and infrared systems for conducting surveillance activities. For instance, in February 2019, the Indian Air Force announced its plans to procure 54 Israeli HAROP loitering munitions systems that can search, detect, and attack time-critical and high-value mobile targets on land or at sea. Also, the indigenous developments of UCAVs, by the companies in Australia, China, and India, are further expected to propel the growth of the market.

Adoption of UCAV in military applications

Unmanned combat aerial vehicles have been employed by military forces of different countries for over a decade. Predator UCAV is the most popular one. Combat drones are currently being used by ground forces on a routine basis. UCAV systems can provide all of the capability of manned aircraft with total costs below those of cruise missiles. UCAVs will carry weapons internally to preserve stealth and aerodynamics. One of the great advantages of UCAVs is their ability to engage precisely with weapons. The cost and weight of weapons are substantially reduced by putting all the sensors, guidance, and propulsion technology on the survivable, reusable UCAV instead of on the ordnance to be exploded. By getting in close to fixed targets with dumb weapons (something large, manned aircraft are less comfortable doing) UCAVs can strike with the same precision as advanced guided munitions. For instance, in February 2019, the Indian Air Force announced its plans to procure 54 Israeli HAROP loitering munitions systems that can search, detect, and attack time-critical and high-value mobile targets on land or at sea. Also, the indigenous developments of UCAVs, by the companies in Australia, China, and India, are further expected to propel the growth of the market.

Integration of machine learning & artificial intelligence technology in UCAV

The new development of hardware and components is helping customers to generate real-time maps regularly owing to the advanced cameras, modern computing, and faster microprocessors. Modern computing is capable of creating real-time drone maps with live aerial image technology. As UCAVs proved themselves more invaluable over the years, Defense organizations worldwide have partnered with industry experts to develop unmanned ground vehicles (UGVs) and unmanned underwater vehicles (UUVs). Though each domain had unique problems to solve, the difficulty communicating from the surface to UUVs meant a greater need for machine autonomy, the ability to make decisions without direct human input made possible with artificial intelligence (AI) and machine learning (machine learning) presents augmented defense capabilities to the defense forces. Even though radio frequency (RF) and satellite communications (SATCOM) methods allow for relatively easy contact with UGVs and UAVs, the prospect of “smart” unmanned systems on the ground and in the sky also is helping drive the autonomous revolution. Therefore, the new development will fuel the unmanned combat aerial vehicle market growth in future. For instance, Project Maven, which was established in July 2017, uses machine learning and artificial intelligence to analyse the vast amount of footage shot by US drones.

Key segments covered

Segments

Sub-segments

  Application

  • Civil & Commercial
  • Military application
  • Homeland security

  Type

  • High-altitude UCAV
  • Medium-altitude UCAV

  components

  • Cameras
  • Electro-optic/Infrared sensor
  • Electronic intelligence
  • CBRN sensors
  • Laser sensors
  • Communication intelligence

  Source

  • Hybrid cell
  • Hydrogen
  • Lithium-ion battery
  • Solar cell

  Regions

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key Benefits of the Report

  • This study presents the analytical depiction of the unmanned combat aerial vehicle market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the unmanned combat aerial vehicle market.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the market growth scenario of unmanned combat aerial vehicle market.
  • The report provides a detailed unmanned combat aerial vehicle market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the unmanned combat aerial vehicle market research report:

  • Who are the leading players in the global unmanned combat aerial vehicle market?
  • What are the critical challenges faced by manufacturers in the unmanned combat aerial vehicle market?
  • What are the market trends, driving factor and opportunities involved in this market?
  • What are the key segments covered in this unmanned combat aerial vehicle market?
  • What are the future projections of unmanned combat aerial vehicle market that would help in taking further strategic steps?
 
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