Unmanned Aerial Vehicle (UAV) Market – Trends Forecast Till 2028

Unmanned Aerial Vehicle (UAV) Market by Point of Sale, Systems, Platform (Civil & Commercial, and Defence & Government), Function, End Use, Application, Type, Mode of Operation, MTOW, Range and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: June, 2021

Base Year Estimate: 2020

Report ID: D-AD-UAVM-213

Format:  

Number of Pages: 385

Domain: Aerospace & Defense

Unmanned Aerial Vehicle (UAV) Market – Trends Forecast Till 2028

The overall Unmanned Aerial Vehicle (UAV) Market is estimated to be USD 27.4 billion in 2021 and is projected to reach USD 58.4 billion by 2026, at a CAGR of 16.4% from 2021 to 2026.

Incorporation of new technologies such as artificial intelligence, sense and avoid systems, and cloud computing in UAV are some of the factors that have supported long-term expansion for Unmanned Aerial Vehicle (UAV) Market.

Unmanned Aerial Vehicle Market Report

Unmanned Aerial Vehicle (UAV) Market is segmented into point of sale, systems, platform, function, end use, application, type, operation mode, MTOW, range and geography.

Point of sale segment is segmented into OEM and aftermarket.

Systems segment is segmented into platform, payload, datalink, ground control station and UAV launch & recovery system.

Platform segment is segmented into civil & commercial and defence & government.

Function segment is segmented into special purpose drones, passenger drones, inspection & monitoring drones, surveying & mapping drones and spraying & seeding drones.

End use segment is segmented into military, public safety & security, agriculture, insurance, energy, mining & quarrying, O&G, transport, logistics & warehousing, journalism & media, arts, entertainment & recreation and healthcare & social assistance.

Application segment is segmented into military, commercial, government & law enforcement and consumer.

Type segment is segmented into fixed wing and rotary wing.

Operation segment is segmented into remotely piloted, optionally piloted and fully autonomous.

MTOW segment is segmented into <25kg, 25-170kg and >170kg.

Range segment is segmented visual line of sight, extended visual line of sight and beyond visual line of sight.

Geographically, Unmanned Aerial Vehicle (UAV) Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in Unmanned Aerial Vehicle (UAV) Market are 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)

Available Customizations

In addition to the market data for Unmanned Aerial Vehicle (UAV) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Unmanned aerial vehicle (UAV) market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Unmanned aerial vehicle (UAV) market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.

The primary Respondent breakdown is given below:

Unmanned Aerial Vehicle Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the unmanned aerial vehicle (UAV) market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for unmanned aerial vehicle (UAV) market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 27.4 billion

Growth Rate

CAGR of 16.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

point of sale, systems, platform, function, end use, application, type, operation mode, MTOW, range and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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)

Available Customization

In addition to the market data for Unmanned Aerial Vehicle (UAV) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Choose License Type
Global: 50+ Countries

Note: Report data and information will be by Country.


Regional Report

Note: Report data and information will be by Country.


Country Specific Report

Bundle Reports

50% Discount on all additional reports  

Special Pricing

Avail customised purchase options to meet your specific research requirements.

Custom Tailored Services

Delvens. offers transformed research reports where syndicated reports are not sufficient to provide solutions to your business.

Subscription Model

Get latest and trending updates throughout the year on the reports you buy.