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Unmanned Aerial Vehicle Market 2021 Growth Factors, Types and Application by Regional Geography 2030

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[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global unmanned aerial vehicle market was valued at around USD 16.25 billion in 2021 and is expected to register revenues worth USD 53 billion by the end of 2030, growing at an exceptional CAGR of approximately 14% between 2021 and 2030.

Unmanned Aerial Vehicle

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Unmanned Aerial Vehicle Market Growth Factors:

Unmanned Aerial Vehicles (UAVs) are an important component of Unmanned Aerial System (UAS) that are also commonly known as drones. These UAVs are consisting of on-board computers that control their flight and other necessary operations. Drones were previously developed for military operation to handle life-risky missions, whereas have penetrated to various fields. However, military UAVs have also gone through several developments for long-range operations.

Further, the integration of artificial intelligence and machine learning in UAVs is one of the most prominent factors that propel the market growth of UAVs over the upcoming years. The Superior capability of UAVs for analyzing millions of images that enables secure, safe, and more accurate data that further helps in enhancing the decision-making capability across various industrial applications.

Presently, companies rely more on the accurate information analysis and data collection using various software that helps enhancing the business output and operation. Enhancement in the hardware and as well as components of UAVs are likely to help customers to generate real-time images and maps because of integration of advanced cameras, fast microprocessors, and modern computing technologies.

Unmanned Aerial Vehicle Market Report Scope
Report Highlights Details
Market Size USD 53 Billion by 2030
Growth Rate CAGR of 14% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Class, Technology, System, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Unmanned Aerial Vehicle Market Dynamics

Drivers

  • Increased Adoption of UAV in Civil and Commercial Applications
  • Risen Demand for UAV in Military Applications
  • Surged Use of UAV in Disaster Relief Operations
  • Improvements in Regulatory Frameworks Related to Drone Operations

Restraints

  • High Infrastructure Costs and Lack of Skilled Personnel for Operating Drones
  • Issues Related to Drone Safety and Security

Opportunities

  • Rising Demand for Contactless Deliveries of Medical Supplies and Other Essentials Using Drones Owing to COVID-19
  • Increasing Deployment of UAV to Carry Out Aerial Remote Sensing
  • Ongoing Technological Advancements in UAV

Challenges

  • Instances of Use of Drones in Terror Attacks and Drug Trafficking
  • Consumer Acceptance and Health Issues Caused by Noise from UAV

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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some of the prominent players in the unmanned aerial vehicle market include:

General Atomics Aeronautical Systems Inc., Northrop Grumman Corporation, Israel Aerospace Industries Ltd., Elbit Systems Ltd., Parrot, SZ DJI Technology Co. Ltd., Lockheed Martin Corporation, Yuneec Thales Group, Go Pro, 3D Robotics, Holy Stone Autel Robotics, Kesper Drone, Sense Fly, Delair, Hexagon, and AeroVironment Inc. among others.

Unmanned Aerial Vehicle Market Segments

By Class

  • Tactical UAVs
  • Small UAVs
  • Strategic UAVs

By Technology

  • Fully-autonomous
  • Semi-autonomous
  • Remotely Operated

By System

  • UAV Payloads
  • UAV Airframe
  • UAV Avionics
  • UAV Software
  • UAV Propulsion

By Application

  • Commercial
  • Military
  • Recreational

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region.

This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global unmanned aerial vehicle market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the unmanned aerial vehicle market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

Why should you invest in this report?

If you are aiming to enter the global unmanned aerial vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for unmanned aerial vehicle 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 2021-2030 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 Contents

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. 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. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Unmanned Aerial Vehicle (UAV) Market, By Class

7.1. Unmanned Aerial Vehicle (UAV) Market, by Class, 2020-2027

7.1.1. Tactical UAVs

7.1.1.1. Market Revenue and Forecast (2016-2027)

7.1.2. Small UAVs

7.1.2.1. Market Revenue and Forecast (2016-2027)

7.1.3. Strategic UAVs

7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Unmanned Aerial Vehicle (UAV) Market, By Technology

8.1. Unmanned Aerial Vehicle (UAV) Market, by Technology, 2020-2027

8.1.1. Fully-autonomous

8.1.1.1. Market Revenue and Forecast (2016-2027)

8.1.2. Semi-autonomous

8.1.2.1. Market Revenue and Forecast (2016-2027)

8.1.3. Remotely Operated

8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Unmanned Aerial Vehicle (UAV) Market, By System

9.1. Unmanned Aerial Vehicle (UAV) Market, by System, 2020-2027

9.1.1. UAV Payloads

9.1.1.1. Market Revenue and Forecast (2016-2027)

9.1.2. UAV Airframe

9.1.2.1. Market Revenue and Forecast (2016-2027)

9.1.3. UAV Avionics

9.1.3.1. Market Revenue and Forecast (2016-2027)

9.1.4. UAV Software

9.1.4.1. Market Revenue and Forecast (2016-2027)

9.1.5. UAV Propulsion

9.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Unmanned Aerial Vehicle (UAV) Market, By Application

10.1. Unmanned Aerial Vehicle (UAV) Market, by Application, 2020-2027

10.1.1. Commercial

10.1.1.1. Market Revenue and Forecast (2016-2027)

10.1.2. Military

10.1.2.1. Market Revenue and Forecast (2016-2027)

10.1.3. Recreational

10.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Unmanned Aerial Vehicle (UAV) Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Class (2016-2027)

11.1.2. Market Revenue and Forecast, by Technology (2016-2027)

11.1.3. Market Revenue and Forecast, by System (2016-2027)

11.1.4. Market Revenue and Forecast, by Application (2016-2027)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.1.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.1.5.3. Market Revenue and Forecast, by System(2016-2027)

11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Class (2016-2027)

11.1.6.2. Market Revenue and Forecast, by Technology (2016-2027)

11.1.6.3. Market Revenue and Forecast, by System (2016-2027)

11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Class (2016-2027)

11.2.2. Market Revenue and Forecast, by Technology (2016-2027)

11.2.3. Market Revenue and Forecast, by System (2016-2027)

11.2.4. Market Revenue and Forecast, by Application (2016-2027)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.2.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.2.5.3. Market Revenue and Forecast, by System (2016-2027)

11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Class (2016-2027)

11.2.6.2. Market Revenue and Forecast, by Technology (2016-2027)

11.2.6.3. Market Revenue and Forecast, by System (2016-2027)

11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Class (2016-2027)

11.2.7.2. Market Revenue and Forecast, by Technology (2016-2027)

11.2.7.3. Market Revenue and Forecast, by System (2016-2027)

11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Class (2016-2027)

11.2.8.2. Market Revenue and Forecast, by Technology (2016-2027)

11.2.8.3. Market Revenue and Forecast, by System (2016-2027)

11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Class (2016-2027)

11.3.2. Market Revenue and Forecast, by Technology (2016-2027)

11.3.3. Market Revenue and Forecast, by System (2016-2027)

11.3.4. Market Revenue and Forecast, by Application (2016-2027)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.3.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.3.5.3. Market Revenue and Forecast, by System (2016-2027)

11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Class (2016-2027)

11.3.6.2. Market Revenue and Forecast, by Technology (2016-2027)

11.3.6.3. Market Revenue and Forecast, by System (2016-2027)

11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Class (2016-2027)

11.3.7.2. Market Revenue and Forecast, by Technology (2016-2027)

11.3.7.3. Market Revenue and Forecast, by System (2016-2027)

11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Class (2016-2027)

11.3.8.2. Market Revenue and Forecast, by Technology (2016-2027)

11.3.8.3. Market Revenue and Forecast, by System (2016-2027)

11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Class (2016-2027)

11.4.2. Market Revenue and Forecast, by Technology (2016-2027)

11.4.3. Market Revenue and Forecast, by System (2016-2027)

11.4.4. Market Revenue and Forecast, by Application (2016-2027)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.4.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.4.5.3. Market Revenue and Forecast, by System (2016-2027)

11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Class (2016-2027)

11.4.6.2. Market Revenue and Forecast, by Technology (2016-2027)

11.4.6.3. Market Revenue and Forecast, by System (2016-2027)

11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Class (2016-2027)

11.4.7.2. Market Revenue and Forecast, by Technology (2016-2027)

11.4.7.3. Market Revenue and Forecast, by System (2016-2027)

11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Class (2016-2027)

11.4.8.2. Market Revenue and Forecast, by Technology (2016-2027)

11.4.8.3. Market Revenue and Forecast, by System (2016-2027)

11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.5.3. Market Revenue and Forecast, by System (2016-2027)

11.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Class (2016-2027)

11.5.5.2. Market Revenue and Forecast, by Technology (2016-2027)

11.5.5.3. Market Revenue and Forecast, by System (2016-2027)

11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Class (2016-2027)

11.5.6.2. Market Revenue and Forecast, by Technology (2016-2027)

11.5.6.3. Market Revenue and Forecast, by System (2016-2027)

11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)

Chapter 12. Company Profiles

12.1. General Atomics Aeronautical Systems Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Northrop Grumman Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Israel Aerospace Industries Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Elbit Systems Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Parrot

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. SZ DJI Technology Co. Ltd.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Lockheed Martin Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Yuneec

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Thales Group

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Go Pro

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. 3D Robotics

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. Holy Stone

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. Autel Robotics

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

12.14. Kesper Drone

12.14.1. Company Overview

12.14.2. Product Offerings

12.14.3. Financial Performance

12.14.4. Recent Initiatives

12.15. Sense Fly

12.15.1. Company Overview

12.15.2. Product Offerings

12.15.3. Financial Performance

12.15.4. Recent Initiatives

12.16. Delair

12.16.1. Company Overview

12.16.2. Product Offerings

12.16.3. Financial Performance

12.16.4. Recent Initiatives

12.17. Hexagon

12.17.1. Company Overview

12.17.2. Product Offerings

12.17.3. Financial Performance

12.17.4. Recent Initiatives

12.18. AeroVironment Inc.

12.18.1. Company Overview

12.18.2. Product Offerings

12.18.3. Financial Performance

12.18.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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