Report Id: ADUAVM0320
Unmanned Aerial Vehicle (UAV) Market Size By Class (Strategic & Tactical UAVs, Special-Purpose UAVs, Small UAVs), By Vertical (Commercial, Government & Law Enforcement, Consumer, Military), By Industry (Agriculture, Logistics & Transportation, Energy & Power, Construction & Mining, Wildlife & Forestry, Media & Entertainment, Insurance, Wildlife & Forestry, Academics & Research), By Type (Fixed-Wing VTOL UAVs, Fixed-Wing UAVs, Bicopters, Tricopters, Quadcopters, Octocopters, Rotary-Wing UAVs), By Range (Extended Visual Line of Sight UAVs, Beyond Line of Sight UAVs, Visual Line of Sight UAVs), By Mtow (25-170 Kilograms, >170 Kilograms, <25 Kilograms), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The UAV market is expected to be around US$ 69 billion by 2028 at a CAGR of 15.5% in given forecast period.
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Major Players
- Raytheon
- General Atomics
- Ehang
- ECA Group
- Turkish Aerospace Industry
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
15
REPORT DESCRIPTION
The UAV market is expected to be around US$ 69 billion by 2028 at a CAGR of 15.5% in given forecast period.
UAV surveillance and monitoring are some of the important applications in military operations. Its implementation at the civilian level was at a nascent stage. However, in the current crisis, the demand for UAVs is growing for surveillance, public announcements, monitoring, and guiding local law enforcement. Also, UAVs mounted with ultraviolet cameras are also being positioned by various countries to measure body temperature. The overview of UAVs at this time of crisis is plummeting the risk of being dirtied with police officials and other staff, as it allows the surveillance of vast swathe of the area without physical intervention. Moreover, drones are also transforming how agriculture and farming are done. By implementing drone technology, farms and agriculture businesses can expand crop yields, save time, and make land management decisions that’ll expand long-term success. Agricultural workers are talented to gather data, automate redundant farming processes, and normally maximize efficiency. In a research capacity, drones have also been used to pollinate flowers, and could one day prove cooperative in compensating for the declining bee population.
The global Unmanned Aerial Vehicle (UAV) market is segregated on the basis of Class as Strategic & Tactical UAVs, Special-Purpose UAVs, and Small UAVs. Based on Vertical the global Unmanned Aerial Vehicle (UAV) market is segmented in Commercial, Government & Law Enforcement, Consumer, and Military. Based on Industry the global Unmanned Aerial Vehicle (UAV) market is segmented in Agriculture, Logistics & Transportation, Energy & Power, Construction & Mining, Wildlife & Forestry, Media & Entertainment, Insurance, Wildlife & Forestry, and Academics & Research.
Based on Type, the global Unmanned Aerial Vehicle (UAV) market is segmented in Fixed-Wing VTOL UAVs, Fixed-Wing UAVs, Bicopters, Tricopters, Quadcopters, Octocopters, and Rotary-Wing UAVs. The report also bifurcates the global Unmanned Aerial Vehicle (UAV) market based on Range in Extended Visual Line of Sight UAVs, Beyond Line of Sight UAVs, and Visual Line of Sight UAVs. The report also bifurcates the global Unmanned Aerial Vehicle (UAV) the global Mtow market is segmented in 25-170 Kilograms, >170 Kilograms, and <25 Kilograms.
The global Unmanned Aerial Vehicle (UAV) market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Unmanned Aerial Vehicle (UAV) market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Raytheon, Ehang, ECA Group, Turkish Aerospace Industry, Yuneec, General Atomics, Northrop Grumman Corporation, Elbit Systems, Israel Aerospace Industries, Aerovironment, and others are among the major players in the global Unmanned Aerial Vehicle (UAV) market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Unmanned Aerial Vehicle (UAV) Market has been segmented as below:
Unmanned Aerial Vehicle (UAV) Market, By Class
- Strategic & Tactical UAVs
- Special-Purpose UAVs
- Small UAVs
Unmanned Aerial Vehicle (UAV) Market, By Vertical
- Commercial
- Remote Sensing
- Inspection & Monitoring
- Product Delivery
- Surveying & Mapping
- Maintenance & Repair
- Aerial Imaging
- Industrial Warehousing
- Others
- Government & Law Enforcement
- Border Management
- Traffic Monitoring
- Firefighting & Disaster Management
- Search & Rescue
- Police Operations & Investigations
- Maritime Security
- Consumer
- Prosumers
- Hobbyists
- Military
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Combat Operations
- Battle Damage Management
Unmanned Aerial Vehicle (UAV) Market, By Industry
- Agriculture
- Logistics & Transportation
- Energy & Power
- Construction & Mining
- Wildlife & Forestry
- Media & Entertainment
- Insurance
- Wildlife & Forestry
- Academics & Research
Unmanned Aerial Vehicle (UAV) Market, By Type
- Fixed-Wing VTOL UAVs
- Fixed-Wing UAVs
- Bicopters
- Tricopters
- Quadcopters
- Octocopters
- Rotary-Wing UAVs
- Multi Rotor UAVs
Unmanned Aerial Vehicle (UAV) Market, By Range
- Extended Visual Line of Sight UAVs
- Beyond Line of Sight UAVs
- Visual Line of Sight UAVs
Unmanned Aerial Vehicle (UAV) Market, By Mtow
- 25-170 Kilograms
- >170 Kilograms
- <25 Kilograms
Unmanned Aerial Vehicle (UAV) Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Unmanned Aerial Vehicle (UAV) Market, By Company
- Raytheon
- Ehang
- ECA Group
- Turkish Aerospace Industry
- Yuneec
- General Atomics
- Northrop Grumman Corporation
- Elbit Systems
- Israel Aerospace Industries
- Aerovironment
The report covers:
- Global Unmanned Aerial Vehicle (UAV) market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global Unmanned Aerial Vehicle (UAV) market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Unmanned Aerial Vehicle (UAV) market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Unmanned Aerial Vehicle (UAV) market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Unmanned Aerial Vehicle (UAV) market share. Major industry players with significant revenue share include Raytheon, Ehang, ECA Group, Turkish Aerospace Industry, Yuneec, General Atomics, Northrop Grumman Corporation, Elbit Systems, Israel Aerospace Industries, Aerovironment, and others.
Reasons to Buy this Report:
- Gain detailed insights on the Unmanned Aerial Vehicle (UAV) industry trends
- Find complete analysis on the market status
- Identify the Unmanned Aerial Vehicle (UAV) market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Some of the recent developments in Unmanned Aerial Vehicle (UAV) Market are as follows:
Aerovironment
- 07-2020: AeroVironment, Inc is a global leader in Unmanned Aircraft Systems (UAS), declared the United States Army exercised the first of three options under the sole source Flight Control Systems domain of the Army’s multi-year small UAS.
Customization
Customized report as per the requirement can be offered with appropriate recommendations
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Unmanned Aerial Vehicle (UAV) Market, By Class
5.1 Introduction
5.2 Strategic & Tactical UAVs
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Special-Purpose UAVs
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Small UAVs
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. Unmanned Aerial Vehicle (UAV) Market, By Vertical
6.1 Introduction
6.2 Commercial
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Government & Law Enforcement
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Consumer
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Military
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Unmanned Aerial Vehicle (UAV) Market, By Industry
7.1 Introduction
7.2 Agriculture
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Logistics & Transportation
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Energy & Power
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Construction & Mining
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Wildlife & Forestry
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Media & Entertainment
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Insurance
7.8.1 Market Overview
7.8.2 Market Size and Forecast
7.9 Wildlife & Forestry
7.9.1 Market Overview
7.9.2 Market Size and Forecast
7.10 Academics & Research
7.10.1 Market Overview
7.10.2 Market Size and Forecast
8. Unmanned Aerial Vehicle (UAV) Market, By Type
8.1 Introduction
8.2 Fixed-Wing VTOL UAVs
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Fixed-Wing UAVs
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Bicopters
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Tricopters
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Quadcopters
8.6.1 Market Overview
8.6.2 Market Size and Forecast
8.7 Octocopters
8.7.1 Market Overview
8.7.2 Market Size and Forecast
8.8 Rotary-Wing UAVs
8.8.1 Market Overview
8.8.2 Market Size and Forecast
9. Unmanned Aerial Vehicle (UAV) Market, By Range
9.1 Introduction
9.2 Extended Visual Line of Sight UAVs
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Beyond Line of Sight UAVs
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Visual Line of Sight UAVs
9.4.1 Market Overview
9.4.2 Market Size and Forecast
10. Unmanned Aerial Vehicle (UAV) Market, By Mtow
10.1 Introduction
10.2 25-170 Kilograms
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 >170 Kilograms
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 <25 Kilograms
10.4.1 Market Overview
10.4.2 Market Size and Forecast
11. Unmanned Aerial Vehicle (UAV) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Unmanned Aerial Vehicle (UAV), By Class
11.2.2 North America Unmanned Aerial Vehicle (UAV), By Vertical
11.2.3 North America Unmanned Aerial Vehicle (UAV), By Industry
11.2.4 North America Unmanned Aerial Vehicle (UAV), By Type
11.2.5 North America Unmanned Aerial Vehicle (UAV), By Range
11.2.6 North America Unmanned Aerial Vehicle (UAV), By Mtow
11.3 Europe
11.3.1 Europe Unmanned Aerial Vehicle (UAV), By Class
11.3.2 Europe Unmanned Aerial Vehicle (UAV), By Vertical
11.3.3 Europe Unmanned Aerial Vehicle (UAV), By Industry
11.3.4 Europe Unmanned Aerial Vehicle (UAV), By Type
11.3.5 Europe Unmanned Aerial Vehicle (UAV), By Range
11.3.6 Europe Unmanned Aerial Vehicle (UAV), By Mtow
11.4 Asia-Pacific
11.4.1 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Class
11.4.2 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Vertical
11.4.3 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Industry
11.4.4 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Type
11.4.5 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Range
11.4.6 Asia-Pacific Unmanned Aerial Vehicle (UAV), By Mtow
11.5 Rest of the World
11.5.1 Rest of the World Unmanned Aerial Vehicle (UAV), By Class
11.5.2 Rest of the World Unmanned Aerial Vehicle (UAV), By Vertical
11.5.3 Rest of the World Unmanned Aerial Vehicle (UAV), By Industry
11.5.4 Rest of the World Unmanned Aerial Vehicle (UAV), By Type
11.5.5 Rest of the World Unmanned Aerial Vehicle (UAV), By Range
11.5.6 Rest of the World Unmanned Aerial Vehicle (UAV), By Mtow
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Raytheon
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Ehang
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 ECA Group
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Turkish Aerospace Industry
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Yuneec
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 General Atomics
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Northrop Grumman Corporation
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Elbit Systems
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Israel Aerospace Industries
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Aerovironment
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
The Unmanned Aerial Vehicle (UAV) Market has been segmented as below:
Unmanned Aerial Vehicle (UAV) Market, By Class
- Strategic & Tactical UAVs
- Special-Purpose UAVs
- Small UAVs
Unmanned Aerial Vehicle (UAV) Market, By Vertical
- Commercial
- Remote Sensing
- Inspection & Monitoring
- Product Delivery
- Surveying & Mapping
- Maintenance & Repair
- Aerial Imaging
- Industrial Warehousing
- Others
- Government & Law Enforcement
- Border Management
- Traffic Monitoring
- Firefighting & Disaster Management
- Search & Rescue
- Police Operations & Investigations
- Maritime Security
- Consumer
- Prosumers
- Hobbyists
- Military
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Combat Operations
- Battle Damage Management
Unmanned Aerial Vehicle (UAV) Market, By Industry
- Agriculture
- Logistics & Transportation
- Energy & Power
- Construction & Mining
- Wildlife & Forestry
- Media & Entertainment
- Insurance
- Wildlife & Forestry
- Academics & Research
Unmanned Aerial Vehicle (UAV) Market, By Type
- Fixed-Wing VTOL UAVs
- Fixed-Wing UAVs
- Bicopters
- Tricopters
- Quadcopters
- Octocopters
- Rotary-Wing UAVs
- Multi Rotor UAVs
Unmanned Aerial Vehicle (UAV) Market, By Range
- Extended Visual Line of Sight UAVs
- Beyond Line of Sight UAVs
- Visual Line of Sight UAVs
Unmanned Aerial Vehicle (UAV) Market, By Mtow
- 25-170 Kilograms
- >170 Kilograms
- <25 Kilograms
Unmanned Aerial Vehicle (UAV) Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Unmanned Aerial Vehicle (UAV) Market, By Company
- Raytheon
- Ehang
- ECA Group
- Turkish Aerospace Industry
- Yuneec
- General Atomics
- Northrop Grumman Corporation
- Elbit Systems
- Israel Aerospace Industries
- Aerovironment
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Unmanned Aerial Vehicle (UAV) market?
The market is expected to grow at a CAGR of 15.5% during the study period (2023-2028)
How big is the Unmanned Aerial Vehicle (UAV) market value?
The UAV market is expected to be around US$ 69 billion by 2028
What is the segment’s covered for the Unmanned Aerial Vehicle (UAV) market?
The segment included in Unmanned Aerial Vehicle (UAV) market is Class, Vertical, Industry, Type, Range, Mtow, Company and region.
Who are the major key vendors in the Unmanned Aerial Vehicle (UAV) market?
Some key players operating in the Unmanned Aerial Vehicle (UAV) market include Raytheon, Ehang, ECA Group, Turkish Aerospace Industry, Yuneec, General Atomics, Northrop Grumman Corporation, Elbit Systems, Israel Aerospace Industries
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