Dublin, July 04, 2023 (GLOBE NEWSWIRE) -- 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 Attributes:
| Report Attribute | Details |
| No. of Pages | 680 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $33.7 Billion |
| Forecasted Market Value (USD) by 2030 | $102.7 Billion |
| Compound Annual Growth Rate | 14.9% |
| Regions Covered | Global |
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/n1k0pn
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