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Allied Market Research

Unmanned Exterior Composites Market by Type (Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), and Boron Fiber Reinforced Polymer (BFRP)) by Application (Fuselage, Engine, Wing, Rotor Blade, Tail Boom and Hull), by Platform (Unmanned Aerial Vehicle (UAV), Unmanned Ground Vehicle (UGV), Unmanned Surface Vehicle (USV), Autonomous Underwater Vehicle (AUV), Remotely Operated Vehicle (ROV), Autonomous Ship, and Passenger Drone): Global Opportunity Analysis and Industry Forecast, 2020–2027

A11304
Pages: NA
Jul 2021 | 138 Views
 
Author(s) : Sonia Mutreja
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Unmanned system is a self-piloted machine with all the obligatory data processing centers, sensors, automatic control, and communication systems. Composite materials are made from two or more than two materials which have different chemical & physical properties, in which one material is reinforcement material fiber and other one is the binding material matrix. The unmanned composites system is capable in performing several operations such as search & rescue missions, military operations, civilian surveillance, and law enforcement. Unmanned composites are manufactured due to its supreme mechanical properties, cost effectiveness, and its durability in manufacturing & maintenance. Unmanned composite materials provide such properties without adding any extra weight.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application, Platform, and Region

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Hexcel Corporation, TORAY INDUSTRIES INC., Stratasys Ltd., Teledyne Technologies Incorporated., Gurit, Solvay, Owens Corning, Materion Corporation, Renegade Materials Corporation, Teijin Limited, and Unitech Aerospace

 

COVID-19 Scenario analysis:

  • Due to COVID-19 situation, the research & development in unmanned exterior composite industries across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
  • Production of composites such as aramid fiber, boron fiber, etc. has been hampered due to COVID 19 pandemic.
  • There will be considerable rise in demand in global unmanned exterior composite market in near future as world is moving toward normalcy.
  • As governments spending shift toward economic recovery due to COVID-19 pandemic, industries may experience reduction in quantity of order for military UAVs, which may adversely affect the unmanned exterior composite market.
  • Post COVID-19, the unmanned exterior composites market is expected to have a significant growth as several countries have either already ordered or planning to procure military UAVs & other defence equipment (having composite material) for their forces.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Increase in demand for lightweight unmanned systems, improved performance of unmanned systems using composite materials, and growing adoption of unmanned aerial vehicles for the military & commercial application are the factors that drive the global unmanned exterior composites market. However, lack of standardization in composite materials and high manufacturing cost of unmanned devices with the use of composite hamper the growth of the unmanned exterior composites market. On the contrary, growing adoption of unmanned vehicles for commercial applications can create high revenue opportunities in the global unmanned exterior composite market.

Growing adoption of unmanned aerial vehicles (UAVs)

Unmanned aerial vehicles are used in aerial surveillance, law enforcement, search & rescue, armed attacks, reconnaissance, and maritime patrol. Due to regional disputes and cross border conflicts, the demand of such unmanned aerial vehicles is increasing. Such UAVs use composite materials such as boron fiber & aramid fiber to provide lightweight structures and improved unmanned systems. Hence, the demand for exterior composites is also increasing, owing to the increase in the demand of unmanned aerial vehicles; thereby, driving the growth of the global unmanned exterior composites market.

Key segments covered:

Segments

Sub-segments

  Type

  • Carbon Fiber Reinforced Polymer (CFRP)
  • Carbon Fiber
  • Matrix
  • Glass Fiber Reinforced Polymer (GFRP)
  • Glass Fiber
  • Matrix
  • Aramid Fiber Reinforced Polymer (AFRP)
  • Aramid Fiber
  • Matrix
  • Boron Fiber Reinforced Polymer (BFRP)
  • Boron Fiber
  • Matrix

  Application

  • Fuselage
  • Engine
  • Wing
  • Rotor Blade
  • Tail Boom
  • Hull

  Platform

  • Unmanned Aerial Vehicle (UAV)
  • Class II (150-600 Kg)
  • Class III (more than 600 Kg)
  • Unmanned Ground Vehicle (UGV)
  • Medium (200-500 Lbs)
  • Large (500-1000 Lbs)
  • Very Large (1000-2000 Lbs)
  • Extremely Large (more than 2000 Lbs)
  • Unmanned Surface Vehicle (USV)
  • Small
  • Large
  • Medium
  • Extra Large
  • Autonomous Underwater Vehicle (AUV)
  • Man Portable Vehicles
  • Lightweight Vehicles
  • Heavyweight Vehicles
  • Large Vehicles
  • Remotely Operated Vehicle (ROV)
  • Small Vehicles
  • High-Capacity Electric Vehicles
  • Work Class Vehicles
  • Heavy Work Class Vehicles
  • Autonomous Ship
  • Passenger Drone

 

Key benefits of the report:

  • This study presents the analytical depiction of the unmanned exterior composites industry 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 detailed analysis of the global unmanned exterior composites market share.
  • The current market is quantitatively analysed from 2020 to 2027 to highlight the global unmanned exterior composites market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global unmanned exterior composites market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the unmanned exterior composites market research report:

  • Which are the leading market players active in the global unmanned exterior composites market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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