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UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region - Global Forecast to 2029

May 2024 | 449 pages | ID: CB98BEDD646EN
MarketsandMarkets

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The UAV (Drone) market is estimated to grow from USD 48.5 billion by 2029, from USD 30.2 billion in 2024, at a CAGR of 9.9% from 2024 to 2029. The principal driver of growth in the Unmanned Aerial Vehicle (UAV) market is the escalating integration of drones in diverse applications. Technological enhancements, such as improved autonomy, more efficient power systems, and advanced sensing technology, have expanded UAV capabilities. Further, regulatory evolution supporting UAV deployment in civilian and commercial spaces significantly fuels market expansion. The demand surge in sectors like surveillance, delivery services, and environmental monitoring also plays a crucial role. The convergence of UAV technology with emerging digital innovations continues to propel the sector's upward trajectory.

“Military segment by applications is expected to hold the highest market share in 2024.”

Based on applications, the UAV (Drone) market is categorized into military, commercial, consumer, government& law enforcement. The military segment having highest market share of 56.1%. In the UAV (Drone)market, the military segment is forecasted to command the largest market share, predominantly driven by the integration of UAVs into defense strategies for enhanced surveillance, targeted strikes, and reconnaissance missions. This dominance is facilitated by continuous advancements in UAV technologies that improve reliability, range, and payload capabilities, aligning with military needs. The segment's growth is further catalysed by substantial investments from governments worldwide in defense modernization programs that prioritize unmanned systems for operational efficiency and tactical superiority. This strategic emphasis on UAV deployment in military operations underscores its pivotal role in the segment's market leadership.

“Special purpose drone segment by function is estimated to hold the highest market share in 2024.”

Based on function, the UAV market has been segmented into special purpose drones, passenger drones, inspection & monitoring drones, surveying & mapping drones, spraying & seeding drones, air cargo vehicles, and others. This segment's growth is propelled by the tailored development of UAVs for specific operational requirements, including military, agricultural monitoring, environmental assessment, and disaster management. Technological enhancements that increase UAV versatility and precision for specialized functions support this trend. The adoption of these drones is further driven by regulatory advancements and sector-specific incentives, which facilitate the deployment of UAVs across varied industries. This strategic alignment with niche applications underscores the segment's significant contribution to market expansion.

“OEM segment by point of sale is estimated to hold the highest market share in 2024.”

Based on point of sale, the UAV market has been segmented into original equipment manufacturers (OEM) and aftermarket. In the UAV market, the Original Equipment Manufacturer (OEM) segment is projected to dominate in terms of market share, primarily due to its direct integration at the point of sale. This strategic positioning enables OEMs to capture a significant portion of the market by delivering integrated, ready-to-use UAV solutions directly to consumers. This dominance is facilitated by the OEMs' ability to influence purchasing decisions through direct sales channels, ensuring that their products are the preferred choice for end-users from the outset. Such a model not only streamlines the distribution process but also enhances customer acquisition and retention.

“North America is expected to hold the highest market share in 2024.”

In the UAV market forecasts, North America is anticipated to command the predominant market share in 2024. This leadership position is largely driven by robust technological advancements, substantial financial allocations in research and development, and a strong ecosystem of UAV manufacturers and service providers. Additionally, the region benefits from comprehensive regulatory frameworks that not only facilitate drone integration into national airspace but also promote safe and innovative uses across various sectors, including agriculture, surveillance, and logistics. Moreover, the increasing adoption of UAVs by government bodies for security and monitoring tasks, coupled with growing commercial applications, significantly contributes to the expansion of the UAV market. These elements collectively ensure that North America remains at the forefront of UAV market growth, reflecting its pivotal role in shaping global UAV dynamics and technology deployment.

The break-up of the profile of primary participants in the UAV (Drone) market:
  • By Company Type: Tier 1 – 49%, Tier 2 – 37%, and Tier 3 – 14%
  • By Designation: C Level – 55%, Director Level – 27%, Others – 18%
  • By Region: North America – 32%, Europe – 32%, Asia Pacific – 16%, Latin America – 7%, Middle East – 10% & Rest of the World – 3%
General Atomics Aeronautical Systems, Inc. (GA-ASI) (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), SZ DJI Technology Co., Ltd. (China), AeroVironment, Inc. (US), Lockheed Martin Corporation (US), Thales Group (France), Aeronautics Ltd. (Israel), etc and several others. These key players offer connectivity applicable to various sectors and have well-equipped and strong distribution networks across North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

Research Coverage:

This research report categorizes the UAV market based by Point Of Sale (OEM, Aftermarket ) by Systems (Platform, Payload, Datalink, Ground Control Station, UAV Launch And Recovery System) by Platform (Civil & Commercial, Defense & Government)by Function (Special Purpose Drones, Passenger Drones, Inspection & Monitoring Drones, Surveying & Mapping Drones, Spraying & Seeding Drones, Others) By Industry(Defense & Security, Agriculture, Logistics & Transportation, Energy & Power, Construction & mining, Insurance, Wildlife & Forestry, Academic & Forestry). By Application (Military, Commercial, Government & Law Enforcement, Consumer) by Type (Fixed Wing, Rotary Wing, Hybrid Wing) By Operation Mode (Remotely Piloted, Optionally Piloted, Fully Autonomous) By MTOW (<25 KG, 25-170 KG, >170 KG), By Range (Visual Line Of Sight, Extended Visual Line Of Sight, Beyond Visual Line Of Sight).

These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, and the Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the UAV market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; agreements, collaborations, new product launches, contracts, expansion, acquisitions, and partnerships associated with the UAV marketThis report segments the UAV (Drone) market across six key regions: North America, Europe, Asia Pacific, the Middle East, Africa and Latin America along with their respective key countries. The report's scope includes in-depth information on significant factors, such as drivers, restraints, challenges, and opportunities that influence the growth of the UAV (Drone) market.

A comprehensive analysis of major industry players has been conducted to provide insights into their business profiles, solutions, and services. This analysis also covers key aspects like agreements, collaborations, new product launches, contracts, expansions, acquisitions, and partnerships associated with the UAV (Drone) market.

Reasons to buy this report:

This report serves as a valuable resource for market leaders and newcomers in the UAV (Drone) market, offering data that closely approximates revenue figures for both the overall market and its subsegments. It equips stakeholders with a comprehensive understanding of the competitive landscape, facilitating informed decisions to enhance their market positioning and formulating effective go-to-market strategies for Simulation. The report imparts valuable insights into the market dynamics, offering information on crucial factors such as drivers, restraints, challenges, and opportunities, enabling stakeholders to gauge the market's pulse.

The report provides insights on the following pointers:
  • Analysis of the key driver (Increasing usage in civil and commercial applications) restraint (Lack of qualified and certified drone operators) opportunities (Technological advancements to enhance accuracy of package delivery) and challenges (Lack of sustainable power sources to improve endurance) there are several factors that could contribute to an increase in the UAV (Drone) market.
  • Market Penetration: Comprehensive information on UAV (Drone) solutions offered by the top players in the market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the UAV (Drone) market
  • Market Development: Comprehensive information about lucrative markets – the report analyses the UAV (Drone) market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the UAV (Drone) market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the UAV (Drone) market
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
FIGURE 1 UAV MARKET SEGMENTATION
  1.3.1 REGIONS COVERED
  1.3.2 YEARS CONSIDERED
1.4 CURRENCY & PRICING
TABLE 1 USD EXCHANGE RATES
1.5 INCLUSIONS AND EXCLUSIONS
TABLE 2 UAV MARKET: INCLUSIONS AND EXCLUSIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
  1.7.1 RECESSION IMPACT

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
FIGURE 2 RESEARCH PROCESS FLOW
FIGURE 3 RESEARCH DESIGN
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary respondents
    2.1.2.2 Key primary sources
    2.1.2.3 Key data from primary sources
    2.1.2.4 Breakdown of primary interviews
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 FACTOR ANALYSIS
  2.2.1 INTRODUCTION
  2.2.2 DEMAND-SIDE INDICATORS
  2.2.3 SUPPLY-SIDE INDICATORS
2.3 MARKET SIZE ESTIMATION
  2.3.1 BOTTOM-UP APPROACH
    2.3.1.1 Regional spilt of UAV market
    2.3.1.2 Pricing analysis
TABLE 3 MARKET SIZE ILLUSTRATION
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.5 RECESSION IMPACT ANALYSIS
  2.5.1 KEY ELEMENTS
  2.5.2 SCENARIO ANALYSIS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ANALYSIS

3 EXECUTIVE SUMMARY

FIGURE 8 OEM POINT OF SALE SEGMENT TO ACCOUNT FOR DOMINANT SHARE OF UAV MARKET IN 2024
FIGURE 9 DEFENSE & GOVERNMENT SEGMENT TO DOMINATE UAV MARKET IN 2024
FIGURE 10 FULLY AUTONOMOUS UAVS TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
FIGURE 11 SPECIAL-PURPOSE DRONES TO HOLD LARGEST SHARE OF UAV MARKET IN 2024
FIGURE 12 MILITARY TO BE LARGEST APPLICATION SEGMENT OF UAV MARKET IN 2024
FIGURE 13 <25 KG MTOW TO BE LARGEST SEGMENT OF UAV MARKET IN 2024
FIGURE 14 BVLOS TO BE LARGEST RANGE SEGMENT OF UAV MARKET IN 2024
FIGURE 15 UAV MARKET IN EUROPE TO GROW AT HIGHEST CAGR FROM 2024 TO 2029

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN UAV MARKET
FIGURE 16 INCREASING FUNDING AND USE OF UAVS FOR VARIOUS COMMERCIAL AND DEFENSE APPLICATIONS TO DRIVE MARKET
4.2 UAV MARKET, BY SPECIAL-PURPOSE DRONE TYPE
FIGURE 17 UCAV SEGMENT TO LEAD SPECIAL-PURPOSE UAV MARKET DURING FORECAST PERIOD
4.3 UAV MARKET, BY SYSTEM
FIGURE 18 PLATFORM SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.4 UAV MARKET, BY COMMERCIAL APPLICATION
FIGURE 19 INSPECTION & MONITORING TO BE LARGEST COMMERCIAL APPLICATION DURING FORECAST PERIOD
4.5 UAV MARKET, BY GOVERNMENT & LAW ENFORCEMENT APPLICATION
FIGURE 20 BORDER MANAGEMENT TO BE DOMINANT GOVERNMENT & LAW ENFORCEMENT APPLICATION DURING FORECAST PERIOD
4.6 UAV MARKET, BY CONSUMER APPLICATION
FIGURE 21 PROSUMERS TO BE LEADING CONSUMER APPLICATION SEGMENT OF UAV MARKET
4.7 UAV MARKET, BY PROPULSION SYSTEM
FIGURE 22 ENGINE SEGMENT PROJECTED TO HOLD MAJOR SHARE DURING FORECAST PERIOD
4.8 UAV MARKET, BY PAYLOAD TYPE
FIGURE 23 INTELLIGENCE PAYLOAD TO COMMAND LARGEST SHARE DURING FORECAST PERIOD
4.9 UAV MARKET, BY MULTICOPTER TYPE
FIGURE 24 QUADCOPTER SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 25 UAV MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  5.2.1 DRIVERS
    5.2.1.1 Rising procurement for military applications
FIGURE 26 NUMBER OF COUNTRIES DEVELOPING, ACQUIRING, AND USING ARMED DRONES, 2000–2020
    5.2.1.2 Farm management optimization using agricultural drones
FIGURE 27 AGRICULTURAL DRONES AND THEIR BENEFITS
    5.2.1.3 Increasing use in civil and commercial applications
    5.2.1.4 Sensor and technology development
FIGURE 28 DECREASING COST OF DRONE COMPONENTS (USD)
    5.2.1.5 Supportive government regulations and initiatives
TABLE 4 COMMERCIAL INDUSTRIES EXEMPTED BY FAA
  5.2.2 RESTRAINTS
    5.2.2.1 Information security risk and lack of standardized air traffic regulations
    5.2.2.2 Lack of qualified and certified drone operators
    5.2.2.3 Limited payload capacity of commercial drones
  5.2.3 OPPORTUNITIES
    5.2.3.1 High investments in commercial drone industry
FIGURE 29 INVESTMENTS IN COMMERCIAL DRONE INDUSTRY, 2013–2023 (USD MILLION)
    5.2.3.2 Use of UAVs for cargo delivery in military operations
    5.2.3.3 Growing use in providing wireless coverage
    5.2.3.4 Technological advancements to enhance accuracy of package delivery
    5.2.3.5 Real-time monitoring of road traffic
  5.2.4 CHALLENGES
    5.2.4.1 Issues with hijacking and security of UAVs
    5.2.4.2 Lack of sustainable power sources to improve endurance
TABLE 5 ENDURANCE-BASED MAPPING OF POWER SOURCES
    5.2.4.3 Unpredictable weather conditions
5.3 ECOSYSTEM ANALYSIS
  5.3.1 PLATFORM MANUFACTURERS
  5.3.2 SUBSYSTEM MANUFACTURERS
  5.3.3 SERVICE PROVIDERS
  5.3.4 SOFTWARE PROVIDERS
  5.3.5 MISCELLANEOUS
FIGURE 30 UAV MARKET ECOSYSTEM
TABLE 6 ROLE OF COMPANIES IN ECOSYSTEM
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 31 REVENUE SHIFTS AND NEW REVENUE POCKETS IN UAV MARKET
5.5 VALUE CHAIN ANALYSIS
FIGURE 32 VALUE CHAIN ANALYSIS
  5.5.1 PLANNING AND REVISED FUNDING
  5.5.2 RESEARCH & DEVELOPMENT
  5.5.3 RAW MATERIAL PROCUREMENT AND MANUFACTURING
  5.5.4 ASSEMBLY, TESTING, AND APPROVALS
  5.5.5 DISTRIBUTION AND AFTER-SALES SERVICES
5.6 TRADE DATA ANALYSIS
TABLE 7 IMPORT AND EXPORT STATISTICS FOR UAVS
  5.6.1 IMPORT DATA ANALYSIS
    5.6.1.1 Unmanned aircraft (HS Code: 8806)
FIGURE 33 TOP 10 IMPORTING COUNTRIES, 2022?2023 (USD THOUSAND)
  5.6.2 EXPORT DATA ANALYSIS
    5.6.2.1 Unmanned aircraft (HS Code: 8806)
FIGURE 34 TOP 10 EXPORTING COUNTRIES, 2022?2023 (USD THOUSAND)
5.7 OPERATIONAL DATA
FIGURE 35 TOTAL ACTIVE FLEET OF DRONES USED BY US NAVY AND MARINE (BY UNITS)
FIGURE 36 TOTAL ACTIVE FLEET OF DRONES USED BY US AIR FORCE (UNITS)
FIGURE 37 COMMERCIAL AND RECREATIONAL UAVS REGISTERED IN US, 2017–2023 (UNITS)
5.8 PRICING ANALYSIS
  5.8.1 INDICATIVE PRICING ANALYSIS, BY APPLICATION AND REGION
FIGURE 38 INDICATIVE PRICING, BY APPLICATION AND REGION (USD)
TABLE 8 INDICATIVE PRICE RANGE, BY APPLICATION AND REGION (USD)
TABLE 9 INDICATIVE PRICE RANGE FOR MILITARY UAVS, BY REGION (USD MILLION)
  5.8.2 INDICATIVE PRICING ANALYSIS, BY PLATFORM
5.9 BILL OF MATERIALS
FIGURE 39 COMMERCIAL DRONE KEY COMPONENT DISTRIBUTION
FIGURE 40 MILITARY DRONE KEY COMPONENT DISTRIBUTION
5.10 BUSINESS MODEL
  5.10.1 DIRECT SALE BUSINESS MODEL
FIGURE 41 DIRECT SALE BUSINESS MODEL
  5.10.2 SUBSCRIPTION-BASED SERVICE MODEL
FIGURE 42 SUBSCRIPTION-BASED SERVICE MODEL
  5.10.3 OPERATING LEASE MODEL
FIGURE 43 OPERATING LEASE MODEL
TABLE 10 LEASED MILITARY DRONES
FIGURE 44 BUSINESS MODELS IN UAV MARKET
FIGURE 45 BUSINESS MODEL COMPARISON
5.11 VOLUME DATA
TABLE 11 UAV MARKET, BY REGION, 2020–2022 (UNITS)
5.12 INVESTMENT AND FUNDING SCENARIO
FIGURE 46 INVESTMENT AND FUNDING SCENARIO, 2019?2023
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
  5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 47 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
  5.13.2 BUYING CRITERIA
FIGURE 48 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.14 TECHNOLOGY ROADMAP
FIGURE 49 TECHNOLOGY ROADMAP FOR UAV MARKET
FIGURE 50 EMERGING TRENDS
5.15 TOTAL COST OF OWNERSHIP
TABLE 14 TOTAL COST OF OWNERSHIP OF UAVS
FIGURE 51 TOTAL COST OF OWNERSHIP ASSOCIATED WITH ACQUISITION OF UAVS
FIGURE 52 UAV LIFE CYCLE PHASES
FIGURE 53 AVERAGE BREAKDOWN OF MAJOR COST CATEGORIES AS % OF TOTAL LIFE CYCLE COST
TABLE 15 ESTIMATED COST OF DRONES
TABLE 16 TECHNICAL COST OF DRONES
5.16 USE CASE ANALYSIS
  5.16.1 TRANSFER OF MEDICAL PRESCRIPTIONS USING DRONES FROM MANNA AERO
TABLE 17 ESSENTIAL SUPPLIES DELIVERED BY MANNA AERO IN RURAL AREAS
  5.16.2 AEROVIRONMENT'S MARITIME INITIATIVE
TABLE 18 AEROVIRONMENT’S UAS FOR MARITIME COUNTER-TRAFFICKING OPERATIONS
  5.16.3 CARGO DRONE FIELD TESTS IN AMAZON FOREST IN PERU
TABLE 19 FIELD TESTS USING CARGO DRONES TO DELIVER VACCINES AND BLOOD SAMPLES
  5.16.4 NAGORNO-KARABAKH CONFLICT
TABLE 20 IMPORTANCE OF ARMED DRONES AND HIGHLY TRAINED GROUND FORCES DEMONSTRATED
  5.16.5 ZIPLINE DRONES USED TO DELIVER COVID-19 VACCINES
TABLE 21 COVID-19 VACCINES DELIVERED TO GHANA BY ZIPLINE
  5.16.6 CANYON MAPPING IN COLORADO, US
TABLE 22 SAND CANYON MAPPED BY CCAC AND CANM
5.17 TECHNOLOGY ANALYSIS
  5.17.1 KEY TECHNOLOGIES
    5.17.1.1 Artificial intelligence in UAVS
TABLE 23 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE SOFTWARE WITH AI
TABLE 24 COMPANIES WORKING TOWARD DEVELOPMENT OF DRONE EQUIPMENT WITH AI
TABLE 25 UAV INNOVATIONS
    5.17.1.2 Mid-Air refueling of drones
    5.17.1.3 Anti-UAV defense systems
    5.17.1.4 UAV with LiDAR system
TABLE 26 USAGE OF DRONES WITH LIDAR SYSTEM
  5.17.2 COMPLEMENTARY TECHNOLOGIES
    5.17.2.1 Beyond visual line of sight (BVLOS) operations
    5.17.2.2 Increased autonomy in traffic management
    5.17.2.3 Energy harvesting
    5.17.2.4 Enhanced security protocols
5.18 REGULATORY LANDSCAPE
  5.18.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 30 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 31 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 32 DRONE REGULATIONS AND APPROVAL FOR COMMERCIAL SECTOR, BY COUNTRY
  5.18.2 NORTH AMERICA
    5.18.2.1 US
TABLE 33 US: RULES AND GUIDELINES BY FAA FOR OPERATION OF DRONES
    5.18.2.2 Canada
TABLE 34 CANADA: RULES AND GUIDELINES FOR OPERATION OF DRONES
  5.18.3 EUROPE
    5.18.3.1 UK
TABLE 35 UK: RULES AND GUIDELINES BY CAA FOR OPERATION OF DRONES
    5.18.3.2 Germany
TABLE 36 GERMANY: RULES AND GUIDELINES FOR OPERATION OF DRONES
    5.18.3.3 France
TABLE 37 FRANCE: RULES AND GUIDELINES FOR OPERATION OF DRONES
TABLE 38 UAV REGULATIONS, BY COUNTRY
5.19 KEY CONFERENCES AND EVENTS
TABLE 39 KEY CONFERENCES AND EVENTS, 2024–2025

6 INDUSTRY TRENDS

6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
  6.2.1 DRONE SWARM TECHNOLOGY
  6.2.2 SYNTHETIC APERTURE RADAR
  6.2.3 MANNED-UNMANNED TEAMING (MUM-T)
  6.2.4 HYPERSONIC ARMED DRONES
  6.2.5 DRONE MANUFACTURING USING ADVANCED MATERIALS
  6.2.6 SIGINT BY DRONES
  6.2.7 NETWORK FUNCTIONS VIRTUALIZATION (NFV)
  6.2.8 MICROTURBINE ENGINE-POWERED DRONES
  6.2.9 MICROMECHANICAL FLYING INSECTS
  6.2.10 SOFTWARE-DEFINED NETWORKING (SDN)
  6.2.11 MILLIMETER-WAVE (MM-WAVE) TECHNOLOGY
  6.2.12 TARGET DRONES
  6.2.13 VALUING UAVS (PILOT-ON-A-CHIP)
  6.2.14 DRONE INSURANCE
TABLE 40 INSURANCE COVERAGE OFFERED
TABLE 41 COMPANIES PROVIDING DRONE INSURANCE
6.3 UAV PRODUCT ECOSYSTEM
  6.3.1 BRIEF DESCRIPTION OF KEY UAV PRODUCTS
TABLE 42 KEY UAV PRODUCTS
6.4 UAV SPECIFICATIONS
6.5 SOFTWARE USED IN UAVS
TABLE 43 RECENT UPGRADES TO UAV-BASED SOFTWARE
6.6 UAV SERVICES
TABLE 44 COMPANIES PROVIDING VARIOUS UAV SERVICES
6.7 IMPACT OF MEGATRENDS
  6.7.1 NANOTECHNOLOGY
  6.7.2 ARTIFICIAL INTELLIGENCE
  6.7.3 GREEN INITIATIVE
  6.7.4 GREATER CUSTOMIZATION
  6.7.5 DISRUPTIVE TECHNOLOGIES
  6.7.6 REGULATORY CHANGES
  6.7.7 EXTENDING REACH OF MOBILE IOT
  6.7.8 REDUCING ENVIRONMENTAL IMPACT OF DELIVERY VEHICLES
  6.7.9 3D PRINTING
6.8 MATURITY MAPPING OF DRONE TECHNOLOGIES
FIGURE 54 MATURITY STAGES OF DRONE TECHNOLOGIES
6.9 SUPPLY CHAIN ANALYSIS
FIGURE 55 SUPPLY CHAIN ANALYSIS
6.10 PATENT ANALYSIS
FIGURE 56 PATENT ANALYSIS
TABLE 45 UAV MARKET: KEY PATENTS, JANUARY 2020–APRIL 2024

7 UAV MARKET, BY POINT OF SALE

7.1 INTRODUCTION
FIGURE 57 OEM SEGMENT OF UAV MARKET TO GROW AT HIGHER CAGR FROM 2024 TO 2029
TABLE 46 UAV MARKET, BY POINT OF SALE, 2020–2023 (USD MILLION)
TABLE 47 UAV MARKET, BY POINT OF SALE, 2024–2029 (USD MILLION)
7.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM)
  7.2.1 INCREASING ADOPTION OF NEXT-GENERATION UAVS TO DRIVE MARKET
7.3 AFTERMARKET
  7.3.1 HIGH DEMAND FOR AFTERMARKET SERVICES TO MAINTAIN AND UPGRADE UAVS TO DRIVE MARKET
TABLE 48 UAV AFTERMARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 49 UAV AFTERMARKET, BY SERVICE, 2024–2029 (USD MILLION)
  7.3.2 REPLACEMENT
  7.3.3 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
  7.3.4 SIMULATION & TRAINING

8 UAV MARKET, BY SYSTEM

8.1 INTRODUCTION
FIGURE 58 PLATFORM SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET, 2024–2029
TABLE 50 UAV MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
TABLE 51 UAV MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
8.2 PLATFORM
  8.2.1 INCREASING ADOPTION IN COMMERCIAL AND DEFENSE SEGMENTS TO DRIVE MARKET
TABLE 52 PLATFORM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 53 PLATFORM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  8.2.2 AIRFRAME
TABLE 54 AIRFRAME: UAV MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 55 AIRFRAME: UAV MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
    8.2.2.1 Alloys
    8.2.2.2 Plastics
    8.2.2.3 Composites
TABLE 56 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 57 COMPOSITES: UAV AIRFRAME MATERIAL MARKET, BY TYPE, 2024–2029 (USD MILLION)
      8.2.2.3.1 Carbon fiber-reinforced polymer (CFRP)
      8.2.2.3.2 Glass fiber-reinforced polymer (GFRP)
      8.2.2.3.3 Boron fiber-reinforced polymer (BFRP)
      8.2.2.3.4 Aramid fiber-reinforced polymer (AFRP)
  8.2.3 AVIONICS
TABLE 58 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)
TABLE 59 AVIONICS: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)
    8.2.3.1 Flight control
TABLE 60 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 61 FLIGHT CONTROL SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
      8.2.3.1.1 Air Data/Computer
      8.2.3.1.2 Autopilot/Flight control computer
    8.2.3.2 Navigation
TABLE 62 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)
TABLE 63 NAVIGATION: UAV MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)
      8.2.3.2.1 Global positioning system (GPS)/Global navigation satellite system (GNSS)
      8.2.3.2.2 Inertial navigation system (INS)/Inertial measurement unit (IMU)
      8.2.3.2.3 Sense & avoid
    8.2.3.3 Sensor
TABLE 64 SENSOR: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 65 SENSOR: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
      8.2.3.3.1 Speed sensor
      8.2.3.3.2 Light sensor
      8.2.3.3.3 Proximity sensor
      8.2.3.3.4 Temperature sensor
      8.2.3.3.5 Position sensor
    8.2.3.4 Communications
    8.2.3.5 Others
  8.2.4 PROPULSION SYSTEM
TABLE 66 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 67 PROPULSION SYSTEM: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    8.2.4.1 Engine
TABLE 68 ENGINE: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 69 ENGINE: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
      8.2.4.1.1 Gas engine
      8.2.4.1.2 Electric engine
    8.2.4.2 Battery
TABLE 70 BATTERY: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 71 BATTERY: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
      8.2.4.2.1 Rechargeable
      8.2.4.2.2 Solar cell
      8.2.4.2.3 Fuel cell
  8.2.5 SOFTWARE
8.3 PAYLOAD
  8.3.1 HIGH DEMAND FROM COMMERCIAL SEGMENT TO DRIVE MARKET
TABLE 72 PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 73 PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  8.3.2 CAMERA
TABLE 74 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 75 CAMERA: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)
    8.3.2.1 High-resolution camera
    8.3.2.2 Multispectral camera
    8.3.2.3 Hyperspectral camera
    8.3.2.4 Thermal camera
    8.3.2.5 Electro-optical (EO)/Infrared (IR) camera
  8.3.3 INTELLIGENCE PAYLOAD
TABLE 76 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 77 INTELLIGENCE PAYLOAD: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    8.3.3.1 Signal intelligence (SIGINT)
    8.3.3.2 Electronic intelligence (ELINT)
    8.3.3.3 Communication intelligence (COMINT)
    8.3.3.4 Telemetry intelligence (TELINT)
  8.3.4 RADAR
TABLE 78 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 79 RADAR: UAV PAYLOAD MARKET, BY TYPE, 2024–2029 (USD MILLION)
    8.3.4.1 Synthetic aperture radar (SAR)
    8.3.4.2 Active electronically scanned array (AESA) radar
  8.3.5 LIDAR
  8.3.6 GIMBAL
8.4 DATA LINK
  8.4.1 DEFENSE SECTOR TO UNDERPIN GROWTH OF DATA LINK MARKET
8.5 GROUND CONTROL STATION
  8.5.1 ABILITY TO ENABLE MISSION PLANNING AND OFFER FULL FLIGHT CONTROL FOR DRONES TO DRIVE MARKET
8.6 LAUNCH & RECOVERY SYSTEM
  8.6.1 APPLICATION LIMITED TO SMALL UAVS

9 UAV MARKET, BY PLATFORM

9.1 INTRODUCTION
TABLE 80 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2020–2023
TABLE 81 UAV MARKET VOLUME (IN UNITS), BY PLATFORM, 2024–2029
FIGURE 59 DEFENSE & GOVERNMENT PLATFORM TO DOMINATE UAV MARKET FROM 2024 TO 2029
TABLE 82 UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
TABLE 83 UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
9.2 CIVIL & COMMERCIAL
  9.2.1 EMERGING APPLICATIONS IN CIVIL AND COMMERCIAL SECTORS TO DRIVE MARKET
TABLE 84 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2020–2023 (USD MILLION)
TABLE 85 CIVIL & COMMERCIAL: UAV MARKET, BY PLATFORM TYPE, 2024–2029 (USD MILLION)
  9.2.2 MICRO
  9.2.3 SMALL
  9.2.4 MEDIUM
  9.2.5 LARGE
9.3 DEFENSE & GOVERNMENT
  9.3.1 INCREASING USE OF DRONES IN RESCUE AND ISR OPERATIONS TO DRIVE MARKET
TABLE 86 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE, 2020–2023 (USD MILLION)
TABLE 87 DEFENSE & GOVERNMENT: UAV MARKET, BY PLATFORM TYPE, 2024–2029 (USD MILLION)
  9.3.2 SMALL
TABLE 88 SMALL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 89 SMALL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    9.3.2.1 Nano
    9.3.2.2 Micro
    9.3.2.3 Mini
9.4 TACTICAL
TABLE 90 TACTICAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 91 TACTICAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  9.4.1 CLOSE RANGE
  9.4.2 SHORT RANGE
  9.4.3 MEDIUM RANGE
  9.4.4 LONG RANGE
  9.4.5 STRATEGIC
TABLE 92 STRATEGIC UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 93 STRATEGIC UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    9.4.5.1 HALE
    9.4.5.2 MALE

10 UAV MARKET, BY FUNCTION

10.1 INTRODUCTION
FIGURE 60 SPECIAL-PURPOSE DRONES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
TABLE 94 UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
TABLE 95 UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
10.2 SPECIAL PURPOSE DRONES
TABLE 96 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 97 SPECIAL PURPOSE DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  10.2.1 UCAVS
  10.2.2 SWARM DRONES
  10.2.3 STRATOSPHERIC DRONES
  10.2.4 EXO-STRATOSPHERIC DRONES
10.3 PASSENGER DRONES
TABLE 98 PASSENGER DRONES: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 99 PASSENGER DRONES: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  10.3.1 DRONE TAXIS
  10.3.2 AIR SHUTTLES
  10.3.3 AIR AMBULANCES
  10.3.4 PERSONAL AIR VEHICLES
10.4 INSPECTION & MONITORING DRONES
10.5 SURVEYING & MAPPING DRONES
10.6 SPRAYING & SEEDING DRONES
10.7 OTHERS
  10.7.1 PHOTOGRAPHY/FILMING DRONES
  10.7.2 CARGO DELIVERY DRONES

11 UAV MARKET, BY INDUSTRY

11.1 INTRODUCTION
FIGURE 61 DEFENSE & SECURITY TO COMMAND LARGEST SHARE OF UAV MARKET DURING FORECAST PERIOD
TABLE 100 UAV MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
TABLE 101 UAV MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
11.2 DEFENSE & SECURITY
  11.2.1 DEVELOPMENT OF ADVANCED UNMANNED SYSTEMS FOR COMBAT OPERATIONS TO DRIVE MARKET
11.3 AGRICULTURE
  11.3.1 INCREASING UTILIZATION OF DRONES FOR MONITORING AND SPRAYING PURPOSES TO DRIVE MARKET
11.4 LOGISTICS & TRANSPORTATION
  11.4.1 RISING DEMAND FOR REDUCED DELIVERY TIMES TO DRIVE MARKET
TABLE 102 LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 103 LOGISTICS & TRANSPORTATION: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  11.4.2 POSTAL & PACKAGE DELIVERY
  11.4.3 HEALTHCARE & PHARMACY DELIVERY
  11.4.4 RETAIL & FOOD DELIVERY
11.5 ENERGY & POWER
  11.5.1 NEED FOR REAL-TIME DATA AND MAINTENANCE SURVEILLANCE FOR POWER INFRASTRUCTURE TO DRIVE MARKET
TABLE 104 ENERGY & POWER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 105 ENERGY & POWER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  11.5.2 POWER GENERATION
  11.5.3 OIL & GAS
11.6 CONSTRUCTION & MINING
  11.6.1 INCREASING AVAILABILITY OF APPLICATION-SPECIFIC DRONES TO DRIVE MARKET
11.7 MEDIA & ENTERTAINMENT
  11.7.1 INCREASING ADOPTION BY AMATEUR PHOTOGRAPHERS AND FILM INDUSTRY TO DRIVE MARKET
11.8 INSURANCE
  11.8.1 NEED TO MONITOR DISASTER-PRONE AREAS AND GATHER DATA FOR GIVING ACCURATE QUOTES TO DRIVE MARKET
11.9 WILDLIFE & FORESTRY
  11.9.1 GROWING DEMAND FOR CONSERVATION AND RESOURCE MANAGEMENT TO DRIVE MARKET
11.10 ACADEMICS
  11.10.1 AVAILABILITY OF VARIETY OF INSTRUMENTS TO DRIVE MARKET

12 UAV MARKET, BY APPLICATION

12.1 INTRODUCTION
TABLE 106 UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
TABLE 107 UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
TABLE 108 UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 109 UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.2 MILITARY
  12.2.1 EXECUTION OF HIGH-PROFILE MILITARY OR COMBAT MISSIONS TO DRIVE MARKET
TABLE 110 MILITARY: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 111 MILITARY: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  12.2.2 INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)
  12.2.3 COMBAT OPERATIONS
TABLE 112 COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 113 COMBAT OPERATIONS: MILITARY DRONE MARKET, BY TYPE, 2024–2029 (USD MILLION)
    12.2.3.1 Lethal
    12.2.3.2 Stealth
    12.2.3.3 Loitering munition
    12.2.3.4 Target
  12.2.4 DELIVERY
12.3 COMMERCIAL
  12.3.1 INTEGRATION OF VARIOUS FEATURES IN DRONES TO DRIVE MARKET
TABLE 114 COMMERCIAL: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 115 COMMERCIAL: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  12.3.2 REMOTE SENSING
  12.3.3 INSPECTION & MONITORING
  12.3.4 PRODUCT DELIVERY
  12.3.5 SURVEYING & MAPPING
  12.3.6 AERIAL IMAGING
  12.3.7 INDUSTRIAL WAREHOUSING
  12.3.8 PASSENGER & PUBLIC TRANSPORTATION
  12.3.9 OTHERS
12.4 GOVERNMENT & LAW ENFORCEMENT
  12.4.1 ADOPTION OF UAVS FOR HOMELAND SECURITY TO DRIVE MARKET
TABLE 116 GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 117 GOVERNMENT & LAW ENFORCEMENT: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  12.4.2 BORDER MANAGEMENT
  12.4.3 TRAFFIC MONITORING
  12.4.4 FIREFIGHTING & DISASTER MANAGEMENT
  12.4.5 SEARCH & RESCUE
  12.4.6 POLICE OPERATIONS & INVESTIGATION
  12.4.7 MARITIME SECURITY
12.5 CONSUMER
  12.5.1 GROWING USE OF UAVS FOR RECREATIONAL ACTIVITIES TO DRIVE MARKET
TABLE 118 CONSUMER: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 119 CONSUMER: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  12.5.2 PROSUMERS
  12.5.3 HOBBYISTS

13 UAV MARKET, BY RANGE

13.1 INTRODUCTION
FIGURE 63 BVLOS SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
TABLE 120 UAV MARKET, BY RANGE, 2020–2023 (USD MILLION)
TABLE 121 UAV MARKET, BY RANGE, 2024–2029 (USD MILLION)
13.2 VISUAL LINE OF SIGHT (VLOS)
  13.2.1 EASE OF USE AND COST-EFFECTIVENESS TO DRIVE MARKET
13.3 EXTENDED VISUAL LINE OF SIGHT (EVLOS)
  13.3.1 INCREASING APPLICATIONS IN COMMERCIAL AND MILITARY SEGMENTS TO DRIVE MARKET
13.4 BEYOND VISUAL LINE OF SIGHT (BVLOS)
  13.4.1 INCREASED DEPLOYMENT FOR MILITARY OPERATIONS

14 UAV MARKET, BY MODE OF OPERATION

14.1 INTRODUCTION
FIGURE 64 OPTIONALLY PILOTED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET FROM 2024 TO 2029
TABLE 122 UAV MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION)
TABLE 123 UAV MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)
14.2 REMOTELY PILOTED
  14.2.1 AFFORDABLE MANUFACTURING TO DRIVE MARKET
14.3 OPTIONALLY PILOTED
  14.3.1 EXTENSIVE USE IN MILITARY AND COMMERCIAL APPLICATIONS TO DRIVE MARKET
14.4 FULLY AUTONOMOUS
  14.4.1 HUGE DEMAND FOR MILITARY APPLICATIONS TO DRIVE MARKET

15 UAV MARKET, BY TYPE

15.1 INTRODUCTION
FIGURE 65 FIXED WING SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
TABLE 124 UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 125 UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
15.2 FIXED WING
  15.2.1 LONG-RANGE CAPABILITIES TO DRIVE MARKET
FIGURE 66 CTOL SEGMENT TO LEAD FIXED-WING UAV MARKET FROM 2024 TO 2029
TABLE 126 FIXED-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 127 FIXED-WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
  15.2.2 CTOL
  15.2.3 VTOL
15.3 ROTARY WING
  15.3.1 LEADING INNOVATORS IN MULTIROTOR UAVS USED IN DEFENSE, COMMERCIAL, AND INDUSTRIAL SECTORS TO DRIVE MARKET
FIGURE 67 MULTIROTOR SEGMENT TO LEAD ROTARY-WING UAV MARKET FROM 2024 TO 2029
TABLE 128 ROTARY-WING UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 129 ROTARY WING UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    15.3.1.1 Single rotor
    15.3.1.2 Multirotor
FIGURE 68 QUADCOPTER SEGMENT TO LEAD MULTIROTOR UAV MARKET FROM 2024 TO 2029
TABLE 130 MULTIROTOR UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 131 MULTIROTOR UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
    15.3.1.3 Bicopter
    15.3.1.4 Tricopter
    15.3.1.5 Quadcopter
    15.3.1.6 Hexacopter
    15.3.1.7 Octocopter
15.4 HYBRID WING
  15.4.1 INNOVATION IN HYBRID DRONE TECHNOLOGY TO DRIVE MARKET

16 UAV MARKET, BY MTOW

16.1 INTRODUCTION
FIGURE 69 <25 KILOGRAMS MTOW SEGMENT TO LEAD UAV MARKET FROM 2024 TO 2029
TABLE 132 UAV MARKET, BY MTOW, 2020–2023 (USD MILLION)
TABLE 133 UAV MARKET, BY MTOW, 2024–2029 (USD MILLION)
16.2 <25 KILOGRAMS
  16.2.1 COMMERCIAL APPLICATIONS TO DRIVE MARKET
16.3 25–170 KILOGRAMS
  16.3.1 MILITARY APPLICATIONS TO DRIVE MARKET
16.4 >170 KILOGRAMS
  16.4.1 HIGH DEFENSE EXPENDITURE WORLDWIDE TO DRIVE MARKET

17 UAV MARKET, BY REGION

17.1 INTRODUCTION
17.2 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 134 RECESSION IMPACT ANALYSIS
FIGURE 70 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF UAV MARKET IN 2024
TABLE 135 UAV MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 136 UAV MARKET, BY REGION, 2024–2029 (USD MILLION)
17.3 NORTH AMERICA
  17.3.1 RECESSION IMPACT ANALYSIS
  17.3.2 PESTLE ANALYSIS
FIGURE 71 NORTH AMERICA: UAV MARKET SNAPSHOT
FIGURE 72 NORTH AMERICA: UAV VOLUME BY APPLICATION (IN UNITS)
TABLE 137 NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2020–2023
TABLE 138 NORTH AMERICA: UAV MARKET VOLUME (IN UNITS), BY APPLICATION, 2024–2029
TABLE 139 NORTH AMERICA: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
TABLE 140 NORTH AMERICA: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 141 NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 142 NORTH AMERICA: CIVIL & COMMERCIAL UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 143 NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 144 NORTH AMERICA: DEFENSE & GOVERNMENT UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 145 NORTH AMERICA: UAV MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
TABLE 146 NORTH AMERICA: UAV MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
TABLE 147 NORTH AMERICA: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 148 NORTH AMERICA: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 149 NORTH AMERICA: UAV MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 150 NORTH AMERICA: UAV MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 151 NORTH AMERICA: UAV MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 152 NORTH AMERICA: UAV MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  17.3.3 US
    17.3.3.1 Constant innovation and heavy investment in advanced drone technology to drive the market
TABLE 153 US: UAV MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
TABLE 154 US: UAV MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
TABLE 155 US: UAV MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 156 US: UAV MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 157 US: UAV MARKET


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