Unmanned Aerial Vehicle Market Size & Share to Boom at Double-Digit CAGR During Forecast Year 2019-2030
Market Overview
Unmanned Aerial Vehicles (UAVs) are remotely controlled aircraft that play an important role in the commercial and defense sectors; They are commonly referred to as drones and are best known for their widespread use in various military missions such as border surveillance to map, measure, and determine the meteorological conditions of a particular area.
Market Highlights
Unmanned Aerial Vehicle Market is expected to project a notable CAGR in 2031
Unmanned Aerial Vehicle market to surpass USD XX.XX billion by 2030 from USD XX.XX billion in 2021 at a CAGR of XX.X% in the coming years, i.e., 2021-31. With the integration of new technologies such as artificial intelligence, detection and avoidance systems, and cloud computing into UAVs, their demand is expected to continue to grow. The incorporation of artificial intelligence into UAVs has not only improved their capabilities, but also enabled them to perform various activities such as launch, navigation, data acquisition, data transfer, and data analysis without human intervention.
Unmanned Aerial Vehicle market: Segments
Commercial segment to grow with the highest CAGR during 2021-31
Unmanned Aerial Vehicle market is segmented by Application into Military, Commercial, Government & Law Enforcement, and Consumer. The Commercial is the dominant segment of the Unmanned Aerial Vehicle market and has the highest revenue share as these innovative tools collect data from online forms, extract critical data from websites, extract email data from corporate and home electronics, and much more.
OEM Enterprise segment to grow with the highest CAGR during 2021-31
Unmanned Aerial Vehicle market is segmented by Point of Sale into OEM and Aftermarket. The OEM segment of the Unmanned Aerial Vehicle market is expected to have a higher CAGR compared to the aftermarket segment as most of the assemblies and required modifications to UAVs are done at the OEM level.
Unmanned Aerial Vehicle Market: Key Players
Thales Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Elbit Systems Ltd.
Northrop Grumman Corporation
BAE Systems plc
E Hang
Parrot
Precision Hawk
Israel Aerospace Industries Ltd.
Other Prominent Players
Unmanned Aerial Vehicle Market: Regions
Unmanned Aerial Vehicle Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North American Unmanned Aerial vehicle market continues to be a significant emerging region in the global Unmanned Aerial Vehicle Market. The Europe was spotted as the second-largest Unmanned Aerial vehicle Market.
Segmentation
By Application
Military
Commercial
Government & Law Enforcement
Consumer
By Point of Sale
OEM
Aftermarket
Unmanned Aerial Vehicle Market Dynamics
Unmanned Aerial Vehicle Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Unmanned Aerial Vehicles (UAVs) are remotely controlled aircraft that play an important role in the commercial and defense sectors; They are commonly referred to as drones and are best known for their widespread use in various military missions such as border surveillance to map, measure, and determine the meteorological conditions of a particular area.
Market Highlights
Unmanned Aerial Vehicle Market is expected to project a notable CAGR in 2031
Unmanned Aerial Vehicle market to surpass USD XX.XX billion by 2030 from USD XX.XX billion in 2021 at a CAGR of XX.X% in the coming years, i.e., 2021-31. With the integration of new technologies such as artificial intelligence, detection and avoidance systems, and cloud computing into UAVs, their demand is expected to continue to grow. The incorporation of artificial intelligence into UAVs has not only improved their capabilities, but also enabled them to perform various activities such as launch, navigation, data acquisition, data transfer, and data analysis without human intervention.
Unmanned Aerial Vehicle market: Segments
Commercial segment to grow with the highest CAGR during 2021-31
Unmanned Aerial Vehicle market is segmented by Application into Military, Commercial, Government & Law Enforcement, and Consumer. The Commercial is the dominant segment of the Unmanned Aerial Vehicle market and has the highest revenue share as these innovative tools collect data from online forms, extract critical data from websites, extract email data from corporate and home electronics, and much more.
OEM Enterprise segment to grow with the highest CAGR during 2021-31
Unmanned Aerial Vehicle market is segmented by Point of Sale into OEM and Aftermarket. The OEM segment of the Unmanned Aerial Vehicle market is expected to have a higher CAGR compared to the aftermarket segment as most of the assemblies and required modifications to UAVs are done at the OEM level.
Unmanned Aerial Vehicle Market: Key Players
Thales Group
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Elbit Systems Ltd.
Northrop Grumman Corporation
BAE Systems plc
E Hang
Parrot
Precision Hawk
Israel Aerospace Industries Ltd.
Other Prominent Players
Unmanned Aerial Vehicle Market: Regions
Unmanned Aerial Vehicle Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North American Unmanned Aerial vehicle market continues to be a significant emerging region in the global Unmanned Aerial Vehicle Market. The Europe was spotted as the second-largest Unmanned Aerial vehicle Market.
Segmentation
By Application
Military
Commercial
Government & Law Enforcement
Consumer
By Point of Sale
OEM
Aftermarket
Unmanned Aerial Vehicle Market Dynamics
Unmanned Aerial Vehicle Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. UNMANNED AERIAL VEHICLE MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. UNMANNED AERIAL VEHICLE MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. UNMANNED AERIAL VEHICLE MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. UNMANNED AERIAL VEHICLE MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Application: Market Share (2020-2030F)
12.2.1. Military, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Commercial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Government & Law Enforcement, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Consumer, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Point-of-Sale Market Share (2020-2030F)
12.3.1. OEM, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Aftermarket, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Thales Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Elbit Systems Ltd.
13.3. Northrop Grumman Corporation
13.4. BAE Systems plc
13.5. E Hang
13.6. Parrot
13.7. Precision Hawk
13.8. Israel Aerospace Industries Ltd.
13.9. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. UNMANNED AERIAL VEHICLE MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. UNMANNED AERIAL VEHICLE MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. UNMANNED AERIAL VEHICLE MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. UNMANNED AERIAL VEHICLE MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Application: Market Share (2020-2030F)
12.2.1. Military, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Commercial, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Government & Law Enforcement, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Consumer, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Point-of-Sale Market Share (2020-2030F)
12.3.1. OEM, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Aftermarket, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. Thales Group
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Elbit Systems Ltd.
13.3. Northrop Grumman Corporation
13.4. BAE Systems plc
13.5. E Hang
13.6. Parrot
13.7. Precision Hawk
13.8. Israel Aerospace Industries Ltd.
13.9. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
