UAV Drones Global Market is Expected to Reach $102.7 Billion by 2030: Security Concerns to Drive Future Military UAV Deployments

DUBLIN, July 7, 2023 /PRNewswire/ -- The "UAV Drones: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for UAV Drones estimated at US$33.7 Billion in the year 2022, is projected to reach a revised size of US$102.7 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030.

Multirotor, one of the segments analyzed in the report, is projected to record a 16.3% CAGR and reach US$51.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Fixed-Wing segment is readjusted to a revised 15% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.3 Billion, While China is Forecast to Grow at 19.6% CAGR

The UAV Drones market in the U.S. is estimated at US$10.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.5 Billion by the year 2030 trailing a CAGR of 19.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 15.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.

Select Competitors (Total 258 Featured) -

• 3D Robotics, Inc.
• Aeroscout Gmbh
• AeroVironment, Inc.
• AiDrones Gmbh
• Delta Drone Group
• Elbit Systems Ltd.
• General Atomics Aeronautical Systems, Inc.
• ING Robotic Aviation Inc.
• Israel Aerospace Industries Ltd.
• Lockheed Martin Corporation
• Northrop Grumman
• Parrot Drone SAS
• PrecisionHawk, Inc.
• SZ DJI Technology Co., Ltd.
• Teledyne FLIR LLC
• Textron Inc.
• Thales Group
• The Boeing Company
• Xiaomi

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
• World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Leveraging the Fast Evolving Role of UAV in Military & Commercial Applications, the UAV Drones Market Poised to Evade the Harsh Impact of Ongoing COVID-19 Crisis
• UAV Drones - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• An Introduction to UAV Drones
• The Historical Significance and the Current Day Developments
• Classification of UAV Drones
• UAV Design
• Key Applications Areas of UAV Drones
• Regulations
• Global Market Prospects & Outlook
• World UAV Drones Market by Type (2021 & 2027): Percentage Breakdown of Sales for Multirotor, Fixed-Wing, Single Rotor, and Hybrid VTOL
• Analysis by Application
• World UAV Drones Market by Application (2021 & 2027): Percentage Breakdown of Sales for Military, Commercial, Homeland Security, and Other Applications
• Growing Demand for Military UAV Drones
• Construction Industry: A major Commercial User of Drones
• Regional Analysis
• World UAV Drones Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
• World UAV Drones Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, Canada, USA, Europe, and Japan
• Competitive Scenario
• Recent Market Activity
• Agriculture Drones Competitor Market Share Scenario Worldwide (in %): 2020
• Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• IoT to Fuel Commercial Use of UAV Drones
• Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
• Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
• Falling Cost of Materials Bodes Well for the Adoption of UAV Drones
• Pricing Trend of Carbon Fiber (2012-2020) (In US$ per Kg)
• Drone Integration with Smartphones
• Companies Eye Unmanned Flying Taxis
• Drone-based Delivery to Augment Logistics & E-Commerce Operations
• Advanced Batteries for UAV Drones
• Rotary Blade UAVs Gain Traction
• UAV Drones Set to Make Gains in Photography
• Technology Advancements Critical for Market Growth
• Relevance in Disaster Relief & Emergency Response Services
• Environmental Monitoring & Wildlife Conservation: Niche Application Areas
• Mapping with UAV Drones
• AI to Enhance Drone Technology
• Rise in Popularity of Multi-Rotor Drones
• Rising Demand for Military UAVs
• Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020
• Leading Countries Ranked by Defense Budgets in US$ Billion for 2020
• COVID-19 Crisis Impacts Military UAV Spending in 2020
• Japan Defense Budgets: A Pre & Post COVID-19 Comparison (In US$ Billion)
• UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion)
• Security Concerns to Drive Future Military UAV Deployments
• Number of Terrorist Attacks Worldwide for the Period 2011-2019
• Terrorism-Related Deaths by Country for the Years 2018 and 2019
• Large Scale Usage of Drones in Military Setup Pushes up Demand for Counter-Drone Technologies
• Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
• Rising Adoption of High Capability Unmanned Vehicles Favors Growth
• UAVs to Solidify Role in Border Security Programs Bodes Well
• Agriculture Industry Embraces Drones to Intensify Production
• World Arable Land (in Million Ha): 1961-2050
• Agriculture as a Percentage of GDP by Region (2018)
• Key Applications of Agricultural Drones
• Drone-as-a-Service & Drone Rentals: New Verticals
• Civil & Commercial Applications Widen the Prospects
• Global Drone Enabled Service Revenues by Application in Percentage: 2025P
• Opportunities in Industrial Applications
• Surging Demand in Food Services & Retail Sectors
• Yard Management Systems & Drones: The Compelling Power of Two
• World Dock and Yard Management Systems by Geographic Region (2021 & 2027): Annual Sales in US$ Thousand for North America, Europe, Asia-Pacific, and Rest of World
• Media & Entertainment: A Growing Vertical
• Role in Sports, Fitness & Recreational Verticals
• Issues & Challenges

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4hlt9s

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