Global UAV Payload and Subsystems Market (2020 to 2025) - Growth, Trends, and Forecast - ResearchAndMarkets.com

Owing to the tactical advantages, both defense and commercial operators in several countries have been investing in developing and procuring small drones with enhanced imaging capabilities.

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Business Wire, Inc.Business Wire, Inc.
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Thursday, January 14, 2021
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Air, Technology, Transport, Aerospace, Other Technology, Manufacturing, Avionics, Robotics, Unmanned aerial vehicle, Wireless, Technology, Science and technology, Electrical engineering
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US
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Summary
Key Points: 
  • Owing to the tactical advantages, both defense and commercial operators in several countries have been investing in developing and procuring small drones with enhanced imaging capabilities.
  • Miniaturization COTS technologies are providing low-ISR products for even the smallest UAVs in the market.
  • Several military-grade UAV manufacturers are investing keenly towards integrating advanced sensors in their UAV offerings in an effort to enhance their flight characteristics.
  • Such developments are envisioned to bolster the business opportunities for the market in focus during the forecast period.


The "UAV Payload and Subsystems Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The UAV payload and subsystems market is poised to register a CAGR of more than 12% during 2020-2025.

Companies Mentioned

  • AeroVironment Inc.
  • BAE Systems PLC
  • Elbit Systems Ltd
  • FLIR Systems Inc.
  • IAI Group
  • L3Harris Technologies Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • SZ DJI Technology Co. Ltd
  • Textron Inc.
  • The Boeing Company
  • YUNEEC

Key Market Trends

Sensor Miniaturization is Driving New Market Opportunities

UAVs have emerged as indispensable aerial tools in modern combat scenarios due to their ability to provide high-resolution reconnaissance, long-distance precision strikes, and aerial combat engagement. Furthermore, the rapid technological growth has enabled technology developers to design miniaturized EO/IR payloads offering sufficient heat dissipation and conforming to industry standards, without compromising on performance. Owing to the tactical advantages, both defense and commercial operators in several countries have been investing in developing and procuring small drones with enhanced imaging capabilities. Miniaturization COTS technologies are providing low-ISR products for even the smallest UAVs in the market.

On this note, in January 2017, the French DGA awarded a contract worth about USD 109 million to Thales Group for procurement of 105 Spy' Rangers drones. In the same month, the DGA awarded a USD 6.32 million contract to AeroVironment for procuring mini drones. Also, in June 2019, the DGA received the first five of the 27 NX70 micro-UAV systems from Novadem. The NX70 weighs only 2.2lbs and offers a range of 1.8 miles or endurance of 45 minutes. The drone also integrates three cameras, two high-definition HD day cameras, and a thermal camera for uninterrupted all-weather operation. Furthermore, designers of infrared sensors for aerospace and defense applications are focusing their research efforts on EO and infrared (IR) sensors for multispectral sensing and imaging, improving the resolution of IR sensors to match those of visible-light sensors, blending IR sensors with laser range finders, and shrinking the size of IR sensor packages for unmanned vehicles and other miniature applications.

North America Accounted for a Major Market Share in 2019

The geographical extent of the US border necessitates continuous coverage in certain regions that are physically inaccessible by patrol forces. This has resulted in a subsequent increase in the demand for drones with enhanced endurance and low operational costs due to the integration of high-performance, low-power remote navigation systems. Furthermore, the significant deployment of tactical drones in various military operations, including assault, tactical, and covert intelligence gathering, has boosted the demand for UAVs.

Several military-grade UAV manufacturers are investing keenly towards integrating advanced sensors in their UAV offerings in an effort to enhance their flight characteristics. On this note, General Atomics Aeronautical Systems (GA-ASI), a part of General Atomics (GA), is developing the Due Regard Radar (DRR), an air-to-air radar comprising a twin-panel Active Electronically Scanned Array (AESA) antenna and a Radar Electronics Assembly (REA) to enhance the UAVs capability to detect and track the enemy's aerial asset across the Field-of-View (FOV) in a similar manner as to a manned aircraft. Such developments are envisioned to bolster the business opportunities for the market in focus during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Payload

5.1.1 Sensors

5.1.2 Weaponry

5.1.3 Radar and Communications

5.1.4 Other Payloads

5.2 Geography

5.2.1 North America

5.2.1.1 United States

5.2.1.2 Canada

5.2.2 Europe

5.2.2.1 Germany

5.2.2.2 United Kingdom

5.2.2.3 France

5.2.2.4 Rest of Europe

5.2.3 Asia-Pacific

5.2.3.1 China

5.2.3.2 India

5.2.3.3 Japan

5.2.3.4 Rest of Asia-Pacific

5.2.4 Latin America

5.2.4.1 Brazil

5.2.4.2 Rest Latin America

5.2.5 Middle-East and Africa

5.2.5.1 United Arab Emirates

5.2.5.2 Saudi Arabia

5.2.5.3 Israel

5.2.5.4 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/c9ce6v

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