Dublin, June 29, 2023 (GLOBE NEWSWIRE) -- The "UAV Ground Control Station: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for UAV Ground Control Station estimated at US$637 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.
Hardware, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$712.3 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $263.7 Million, While China is Forecast to Grow at 7.6% CAGR
The UAV Ground Control Station market in the U.S. is estimated at US$263.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$190.7 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.
Select Competitors (Total 79 Featured) -
- Asseco Poland SA
- BAE Systems plc
- Bluebird Aero Systems Ltd.
- Elbit Systems
- General Atomics Aeronautical Systems, Inc.
- Israel Aerospace Industries (IAI)
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corp.
- Robosys Automation Ltd.
- Textron Inc.
- Thales Group
- The Boeing Company
- UAV Solutions
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 434 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $637 Million |
| Forecasted Market Value (USD) by 2030 | $1000 Million |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Leveraging the Fast Evolving Role of UAV in Military & Commercial Applications, the UAV GCS Market Poised to Evade the Harsh Impact of Ongoing COVID-19 Crisis
- As Enablers of Efficient Control & Monitoring of UAVs, GCSs Set to Widen Addressable Market in the Coming Years
- A Note on Handheld, Portable & Fixed GCSs
- Recent Market Activity
- While the US Remains the Dominant Consumer of UAV GCS, China Emerges as Fastest Growing Regional Market
- World UAV Ground Control Station Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World
- World UAV Ground Control Station Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- UAV Ground Control Station - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Ever-Hostile Geopolitical Scenario & Relentless Quest for Military Supremacy to Sustain Spending on Military UAVs, Spurring Parallel Opportunities to GCS Market
- Healthy Defense Spending With Especially Expanding Budgets for Drones to Amplify the Need for UAV GCS: Projected Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023
- Military Expenditure as a % of GDP in Select Countries
- Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
- Rapidly Evolving Role of UAVs in Border Security Programs Bodes Well
- Increase in Global Terrorism & the Ensuing Growing Security Concerns to Drive UAV Deployments
- NATO STANAG 4671 Compliant UAV GCS: The Standard in Military Applications
- Defense Cuts amid COVID-19 Crisis to Slowdown the Demand for Military UAVs 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)
- Widening Use of UAVs in Commercial Applications Bodes Well for Future Expansion of UAV GCS
- A Review of Commercial UAV Applications
- Disaster Relief & Emergency Response Services
- Weather Forecasting, Environmental Monitoring, and Wildlife Conservation
- Agriculture
- Healthcare
- Mining, Energy, Manufacturing, and Inventory Management
- Real Estate, Construction Planning, Infrastructure Development, & Urban Planning
- Airlines & Air Travel and Maritime
- Food Services & Retail
- Film Making, Live Entertainment, and Journalism & News Coverage
- Outdoor Industry, and Sports & Fitness
- Surveillance & Security
- Personal Transportation
- Technology Innovations and Fully Automated Versions to Drive Next Wave of Growth in UAV GCS Market
- A Review of Select Recently Unveiled UAV GCSs
- Desert Rotor's Advanced Portable Ground Control Stations
- UAVOS' PGCS3 Portable Ground Control Station
- Skynav Gov Scalable Controller from Auterion Government Solutions for Government UAVs
- ALTI's UAS Ground Control System
- GA-ASI's Ground Control Station for STANAG-compliant SkyGuardian UAV
- AVIC's Holographic Ground Control System
- Leidos to Offer UASGCS-V4 Software Upgrade to the US Army
- Susceptibility to Cyber Threats: Major Challenge
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/irjhrg
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