UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

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Jul 07, 2023, 19:30 ET

DUBLIN, July 7, 2023 /PRNewswire/ -- The "UAV Drones: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for UAV Drones estimated at US$33.7 Billion in the year 2022, is projected to reach a revised size of US$102.7 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030.

Multirotor, one of the segments analyzed in the report, is projected to record a 16.3% CAGR and reach US$51.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Fixed-Wing segment is readjusted to a revised 15% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.3 Billion, While China is Forecast to Grow at 19.6% CAGR

The UAV Drones market in the U.S. is estimated at US$10.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.5 Billion by the year 2030 trailing a CAGR of 19.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 15.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.

Select Competitors (Total 258 Featured) -

3D Robotics, Inc.
Aeroscout Gmbh
AeroVironment, Inc.
AiDrones Gmbh
Delta Drone Group
Elbit Systems Ltd.
General Atomics Aeronautical Systems, Inc.
ING Robotic Aviation Inc.
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Northrop Grumman
Parrot Drone SAS
PrecisionHawk, Inc.
SZ DJI Technology Co., Ltd.
Teledyne FLIR LLC
Textron Inc.
Thales Group
The Boeing Company
Xiaomi

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Leveraging the Fast Evolving Role of UAV in Military & Commercial Applications, the UAV Drones Market Poised to Evade the Harsh Impact of Ongoing COVID-19 Crisis
UAV Drones - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
An Introduction to UAV Drones
The Historical Significance and the Current Day Developments
Classification of UAV Drones
UAV Design
Key Applications Areas of UAV Drones
Regulations
Global Market Prospects & Outlook
World UAV Drones Market by Type (2021 & 2027): Percentage Breakdown of Sales for Multirotor, Fixed-Wing, Single Rotor, and Hybrid VTOL
Analysis by Application
World UAV Drones Market by Application (2021 & 2027): Percentage Breakdown of Sales for Military, Commercial, Homeland Security, and Other Applications
Growing Demand for Military UAV Drones
Construction Industry: A major Commercial User of Drones
Regional Analysis
World UAV Drones Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
World UAV Drones Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
Competitive Scenario
Recent Market Activity
Agriculture Drones Competitor Market Share Scenario Worldwide (in %): 2020
Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

IoT to Fuel Commercial Use of UAV Drones
Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
Falling Cost of Materials Bodes Well for the Adoption of UAV Drones
Pricing Trend of Carbon Fiber (2012-2020) (In US$ per Kg)
Drone Integration with Smartphones
Companies Eye Unmanned Flying Taxis
Drone-based Delivery to Augment Logistics & E-Commerce Operations
Advanced Batteries for UAV Drones
Rotary Blade UAVs Gain Traction
UAV Drones Set to Make Gains in Photography
Technology Advancements Critical for Market Growth
Relevance in Disaster Relief & Emergency Response Services
Environmental Monitoring & Wildlife Conservation: Niche Application Areas
Mapping with UAV Drones
AI to Enhance Drone Technology
Rise in Popularity of Multi-Rotor Drones
Rising Demand for Military UAVs
Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020
Leading Countries Ranked by Defense Budgets in US$ Billion for 2020
COVID-19 Crisis Impacts Military UAV Spending in 2020
Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)
UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)
Security Concerns to Drive Future Military UAV Deployments
Number of Terrorist Attacks Worldwide for the Period 2011-2019
Terrorism-Related Deaths by Country for the Years 2018 and 2019
Large Scale Usage of Drones in Military Setup Pushes up Demand for Counter-Drone Technologies
Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
Rising Adoption of High Capability Unmanned Vehicles Favors Growth
UAVs to Solidify Role in Border Security Programs Bodes Well
Agriculture Industry Embraces Drones to Intensify Production
World Arable Land (in Million Ha): 1961-2050
Agriculture as a Percentage of GDP by Region (2018)
Key Applications of Agricultural Drones
Drone-as-a-Service & Drone Rentals: New Verticals
Civil & Commercial Applications Widen the Prospects
Global Drone Enabled Service Revenues by Application in Percentage: 2025P
Opportunities in Industrial Applications
Surging Demand in Food Services & Retail Sectors
Yard Management Systems & Drones: The Compelling Power of Two
World Dock and Yard Management Systems by Geographic Region (2021 & 2027): Annual Sales in US$ Thousand for North America, Europe, Asia-Pacific, and Rest of World
Media & Entertainment: A Growing Vertical
Role in Sports, Fitness & Recreational Verticals
Issues & Challenges

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4hlt9s

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