Unmanned Combat Aerial Vehicle (UCAV) Market size is set to grow by USD 1,061.1 million from 2022 to 2027; the development of long-range spy combat drones to be a major market trend - Technavio

NEW YORK, June 12, 2023 /PRNewswire/ -- The unmanned combat aerial vehicle (UCAV) market is estimated to grow by USD 1,061.1 million from 2022 to 2027. The market is estimated to be growing at a CAGR of 6.74%. North America is estimated to account for 33% of the growth of the global market during the forecast period. With the US being the forerunner in the field of attack drone development, the region leads the global market growth. Furthermore, the demand for UCAVs has largely increased as the country is trying to minimize the number of troop casualties in high-risk missions. Moreover, the country also looks forward to the development of cost-effective UCAVs that can be easily deployed for various high-risk missions. Hence, such factors drive regional market growth during the forecast period. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Vendor Landscape
The unmanned combat aerial vehicle (UCAV) market is fragmented; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers & Challenges- 

The growing export demand from smaller economies is a major factor that drives the growth of the global UCAV market. Owing to their superior technology, UCAVs have recently become quite popular and the deployment of autonomous systems is now comparable to the new revolution in combat thanks to advancements in AI technology. Therefore, the growing demand for cutting-edge autonomous technology is pushing small-economy nations to concentrate on new research and UCAV purchases. Hence, such factors drive the market growth during the forecast period.

The rapid development of anti-drone technology is a major challenge hindering the growth of the global UCAV market. Countries across the globe are simultaneously developing anti-drone defense systems and mechanisms, keeping pace with the development of UAVs. Furthermore, drones used by one nation are always a threat to other nations, and in order to have an effective defense system, nations are focusing on the development of anti-drone technology. For instance, Boeing recently tested a 10 kW anti-drone laser cannon that can shoot down drones. The company is planning to enhance the laser power from 10 kW to 60 kW in order to deploy it with the military. Hence, such challenges impede market growth during the forecast period.

Key Trends-

The development of long-range spy combat drones is an emerging trend influencing the global UCAV market growth. UCAVs are increasingly used as a vital tool in countermeasure operations for national security and these unmanned aerial platforms are being incorporated with weapons that support those operations as well as command, control, communications, computers, intelligence, surveillance, and reconnaissance systems. This is due to the military electronics industry's rapid technical breakthroughs. For instance, CH-5 is capable of a joint strike like its predecessors, CH-3 and CH-4. This is because they can share the same data link and control system. Hence, such trends fuel the market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View Sample Report

Company Profiles

The unmanned combat aerial vehicle (UCAV) market report includes information on the product launches, sustainability, and prospects of leading vendors, including Aeronautical Systems Inc., AeroVironment Inc., BAE Systems Plc, Baykar Tech, Bluebird Aero Systems, C Astral d.o.o., China Aerospace Science and Technology Corp., Dassault Aviation SA, Denel Dynamics, Edge Autonomy, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Kratos Defense and Security Solutions Inc., Lockheed Martin Corp., Northrop Grumman Systems Corp., Parrot Drones SAS, Skyeton, Textron Systems, The Boeing Co., and Ukrspecsystems.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

This report extensively covers market segmentation by type (medium-altitude ucav and high-altitude UCAV), platform (defense, government, civil, and commercial), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

• The market share growth by the medium-altitude UCAV segment will be significant for overall market growth during the forecast period. As a result of the growing need for multi-purpose UAVs, defense authorities focus on the development of medium-altitude UCAVs rather than land-based UAVs, owing to their surveillance and strike capabilities. Furthermore, UCAVs can tackle strategic tasks as stealthy and discreet and have better combat sustainability than manned aircraft. Hence, such factors drive the segment growth during the forecast period.

Gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

Related Reports:

The naval combat systems market size is expected to increase by USD 9.53 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.79%. Furthermore, this report extensively covers naval combat systems market segmentation by product (weapon systems, C4ISR systems, and electronic warfare systems), platform (surface-based naval combat systems and underwater-based naval combat systems), and geography (North America, APAC, Europe, Middle East, and Africa, and South America). Greater focus on ISR operations is one of the major drivers impacting the naval combat systems market growth. 

The Global Unmanned Sea Systems Market size is estimated to grow by USD 3,751.78 million between 2022 and 2027 exhibiting a CAGR of  9.78%. The Unmanned Sea Systems Market is analyzed in terms of Type (uuvs and usvs), Technology (remotely operated vehicles and autonomous vehicles). The geography segment includes North America, Europe, APAC, South America, and Middle East and Africa.The defense industry requires technological advancements to ensure successful combat operations which will propel the unnamed sea systems market growth.

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global unmanned combat aerial vehicle (UCAV) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global unmanned combat aerial vehicle (UCAV) market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Platform Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Medium-altitutde UCAV - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Medium-altitutde UCAV - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Medium-altitutde UCAV - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Medium-altitutde UCAV - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Medium-altitutde UCAV - Year-over-year growth 2022-2027 (%)

• 6.4 High-altitude UCAV - Market size and forecast 2022-2027 
• Exhibit 38: Chart on High-altitude UCAV - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on High-altitude UCAV - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on High-altitude UCAV - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on High-altitude UCAV - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Platform

• 7.1 Market segments 
• Exhibit 43: Chart on Platform - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Platform - Market share 2022-2027 (%)

• 7.2 Comparison by Platform 
• Exhibit 45: Chart on Comparison by Platform
• Exhibit 46: Data Table on Comparison by Platform

• 7.3 Defense and government - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Defense and government - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Defense and government - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Defense and government - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Defense and government - Year-over-year growth 2022-2027 (%)

• 7.4 Civil and commercial - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Civil and commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Civil and commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Civil and commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Civil and commercial - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Platform 
• Exhibit 55: Market opportunity by Platform ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Russia - Market size and forecast 2022-2027
• Exhibit 89: Chart on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.11 Israel - Market size and forecast 2022-2027
• Exhibit 93: Chart on Israel - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Israel - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Israel - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Israel - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 AeroVironment Inc. 
• Exhibit 108: AeroVironment Inc. - Overview
• Exhibit 109: AeroVironment Inc. - Business segments
• Exhibit 110: AeroVironment Inc. - Key news
• Exhibit 111: AeroVironment Inc. - Key offerings
• Exhibit 112: AeroVironment Inc. - Segment focus

• 12.4 BAE Systems Plc 
• Exhibit 113: BAE Systems Plc - Overview
• Exhibit 114: BAE Systems Plc - Business segments
• Exhibit 115: BAE Systems Plc - Key offerings
• Exhibit 116: BAE Systems Plc - Segment focus

• 12.5 Baykar Tech 
• Exhibit 117: Baykar Tech - Overview
• Exhibit 118: Baykar Tech - Product / Service
• Exhibit 119: Baykar Tech - Key offerings

• 12.6 C Astral d.o.o. 
• Exhibit 120: C Astral d.o.o. - Overview
• Exhibit 121: C Astral d.o.o. - Product / Service
• Exhibit 122: C Astral d.o.o. - Key offerings

• 12.7 Dassault Aviation SA 
• Exhibit 123: Dassault Aviation SA - Overview
• Exhibit 124: Dassault Aviation SA - Product / Service
• Exhibit 125: Dassault Aviation SA - Key offerings

• 12.8 Denel Dynamics 
• Exhibit 126: Denel Dynamics - Overview
• Exhibit 127: Denel Dynamics - Product / Service
• Exhibit 128: Denel Dynamics - Key offerings

• 12.9 Elbit Systems Ltd. 
• Exhibit 129: Elbit Systems Ltd. - Overview
• Exhibit 130: Elbit Systems Ltd. - Product / Service
• Exhibit 131: Elbit Systems Ltd. - Key offerings

• 12.10 General Atomics 
• Exhibit 132: General Atomics - Overview
• Exhibit 133: General Atomics - Product / Service
• Exhibit 134: General Atomics - Key offerings

• 12.11 Israel Aerospace Industries Ltd. 
• Exhibit 135: Israel Aerospace Industries Ltd. - Overview
• Exhibit 136: Israel Aerospace Industries Ltd. - Product / Service
• Exhibit 137: Israel Aerospace Industries Ltd. - Key news
• Exhibit 138: Israel Aerospace Industries Ltd. - Key offerings

• 12.12 Kratos Defense and Security Solutions Inc.
• Exhibit 139: Kratos Defense and Security Solutions Inc. - Overview
• Exhibit 140: Kratos Defense and Security Solutions Inc. - Business segments
• Exhibit 141: Kratos Defense and Security Solutions Inc. - Key offerings
• Exhibit 142: Kratos Defense and Security Solutions Inc. - Segment focus

• 12.13 Lockheed Martin Corp. 
• Exhibit 143: Lockheed Martin Corp. - Overview
• Exhibit 144: Lockheed Martin Corp. - Business segments
• Exhibit 145: Lockheed Martin Corp. - Key news
• Exhibit 146: Lockheed Martin Corp. - Key offerings
• Exhibit 147: Lockheed Martin Corp. - Segment focus

• 12.14 Northrop Grumman Systems Corp. 
• Exhibit 148: Northrop Grumman Systems Corp. - Overview
• Exhibit 149: Northrop Grumman Systems Corp. - Business segments
• Exhibit 150: Northrop Grumman Systems Corp. - Key news
• Exhibit 151: Northrop Grumman Systems Corp. - Key offerings
• Exhibit 152: Northrop Grumman Systems Corp. - Segment focus

• 12.15 Skyeton 
• Exhibit 153: Skyeton - Overview
• Exhibit 154: Skyeton - Product / Service
• Exhibit 155: Skyeton - Key offerings

• 12.16 The Boeing Co. 
• Exhibit 156: The Boeing Co. - Overview
• Exhibit 157: The Boeing Co. - Business segments
• Exhibit 158: The Boeing Co. - Key news
• Exhibit 159: The Boeing Co. - Key offerings
• Exhibit 160: The Boeing Co. - Segment focus

• 12.17 Ukrspecsystems 
• Exhibit 161: Ukrspecsystems - Overview
• Exhibit 162: Ukrspecsystems - Product / Service
• Exhibit 163: Ukrspecsystems - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 164: Inclusions checklist
• Exhibit 165: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 166: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 167: Research methodology
• Exhibit 168: Validation techniques employed for market sizing
• Exhibit 169: Information sources

• 13.5 List of abbreviations 
• Exhibit 170: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED