September 23, 2021
Small UAV

Small UAV Market May Hit US$ 11.31 billion by 2027

The global small UAV market value is expected to reach US$ 11.31 Billion by the end of 2027, decelerating at a CAGR of 18.9% from 2020 to 2027. The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global small UAV market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global small UAV market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the small UAV industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Unmanned aerial vehicle (UAV), widely known as Drone, is an aircraft or airborne system functioned remotely by operator or autonomously by means of onboard computer. Unmanned aircraft systems comprise of the sensor payloads, aircraft component and ground control station. They can be operated by onboard electronic equipment or with the help of control equipment from the ground. Small unmanned aerial vehicles (SUAVs) have been given numerous characterizations amongst national regulation authorities, frequently without including size accuracies and differing regarding weight measurement stipulations. The extensive variety of applications in which small unmanned aerial vehicles can be installed is budding every day, with the growth-platform explores novel uses, the need for small UAVs will be noteworthy, with a widespread and wide-ranging geographical spread.

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Growth Factors

Upsurge in the procurement of small military drones by defense forces worldwide is one of the most significant factors projected to drive the growth of the small UAV market. Augmenting use of small drones in commercial applications including surveying, aerial remote sensing, monitoring, mapping, precision agriculture, and product distribution is also crediting to the growth of the market.

Application of UAV is growing quickly for surveillance and public service responses by both local and national police forces. Furthermore, the novel governing changes and rollout of remote ID and 5G will permit massive up scaling of drone procedures, from solitary remotely functioned aircraft to semi-autonomous fleets which would be capable to function outside visual line of sight courtesy of imminent unmanned traffic management infrastructure. This will deliver the base from which corporations like Amazon can unveil drone delivery services.

COVID-19 can be a catalyst for the extensive implementation of small UAVs in commercial spaces. The most substantial rise in UAV application can be in areas including agriculture, city planning and administration, health, emergency response and rescue, village mapping, damage assessment, inventory management, flood monitoring, retail, and delivery of food and goods services. However, high prices of advanced UAVs can act as a deterrent factor in the growth of the small UAVs market. The UAV consists of numerous components including motors, sensors, camera, GPS, and batteries. The components are utilized in the small drone dependent on the application. The cost of these components relies on the quality. Usage of superior components upsurges the cost of the UAV suggestively.

Report Highlights

  • The introduction of 5G technology is projected to open up totally new paths for the small drone sector
  • Among different types of small UAV, rotary blade type UAV gathered the largest share around 70% of global small UAV Market in 2019
  • Asia-Pacific is expected to observe the speedy growth due to rapid expansion of defense capabilities in vital economies like India, Japan, China and South Korea

Regional Snapshots

Though the military UAV sector is anticipated to become gradually international the U.S. will endure to lead the global marketplace. In terms of revenue, North America gathered around 43% of the market share in 2019. Increasing number of developing economies are showing curiosity in implementation of UAVs for surveillance and border security and procedures. Middle East is one of the developing markets with Israel being a crucial exporter and manufacturer of UAVs. Asia Pacific is expected to exhibit speedy growth conquered by the enormous demand from China. With the expansion of its military competences, China has given more standing to the utilization of UAVs for crucial military operations. The government of China also strategies to widely use UAVs for coastal observation and patrol. China has also reinforced its surveillance network using birdlike small drones.

The government of China is building small drones that look like birds under program named “Dove”. Furthermore, in the University of Tokyo, the Jouhou System Kougaku Laboratory revealed the DRAGON drone. This drone consists of up numeral of small drones and is capable of varying its form in midair. Furthermore, it can decide what shape to take depending on the space in which it is navigating. Such technological innovations are driving the implementation of small UAVs across defense sector across the globe.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global small UAV market are as follows:

  • DJI
  • Parrot
  • AeroVironment
  • Elbit Systems
  • Textron
  • Lockheed Martin
  • Applied Aeronautics
  • IAI
  • FLIR Systems

Market Segmentation

By Type

  • Fixed Wing
  • Helicopter
  • Rotary Blade

By Application

  • Defense
  • Commercial and Civil

 Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global small UAV market. It examines trends and factors influencing demand for small UAV globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for small UAV across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on small UAV. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global small UAV market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for small UAV are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Small UAV Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Small UAV Market

5.1. Covid-19: Small UAV Market Industry Impact
5.2. Small UAV Market Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Small UAV Market Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Small UAV Market Manufacturers to deal with Covid-19 Pandemic Scenario

Chapter 6. Small UAV Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Small UAV Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Small UAV Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Small UAV Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Small UAV Market Production by Manufacturer (2015-2020)
7.1.1.4. Small UAV Market Production Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Small UAV Market, By Product Type

8.1. Small UAV Market, by Product Type, 2016-2027
8.1.1. Fixed Wing
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Helicopter
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Rotary Blade
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)

Chapter 9. Global Small UAV Market, By Application

9.1. Small UAV Market, by Application, 2016-2027
9.1.1. Defense
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Commercial and Civil
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)

Chapter 10. Global Small UAV Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2016-2027)
10.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2016-2027)
10.1.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2016-2027)
10.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2016-2027)
10.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2016-2027)
10.2.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2016-2027)
10.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2016-2027)
10.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2016-2027)
10.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2016-2027)
10.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2016-2027)
10.3.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2016-2027)
10.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2016-2027)
10.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2016-2027)
10.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2016-2027)
10.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2016-2027)
10.4.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2016-2027)
10.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2016-2027)
10.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2016-2027)
10.5.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2016-2027)
10.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2016-2027)
10.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2016-2027)
10.5.6.2. Market Revenue and Consumption Forecast (2016-2027)

Chapter 11. Company Profiles

11.1. DJI
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. AeroVironment
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. Parrot
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Lockheed Martin
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. Applied Aeronautics
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Textron
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. FLIR Systems
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. IAI
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Elbit Systems
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Company 10
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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