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Pulished Date August, 2021
ID: 9974
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UAV Drones Market Segmentation By Type (Commercial Drones and Military Drones), By Payload (Up to 150 kg, Up to 600 kg, and More than 600 kg), By Component (Camera, Battery, Propulsion System, Controller, Sensor, Navigation System, Range Extender, Frame, and Others), and By Application (Law Enforcement, Precision Agriculture, Media & Entertainment, Retail, Inspection & Monitoring, Surveying & Mapping, Personal, and Education, Spying, Search & Rescue Operations, Border Security, and Combat Operations) Industry Forecast | 2021 to 2026

Pulished: August, 2021
ID: 9974
Pages: 175

Unmanned Aerial Vehicle (UAV) Drones Market Size & Growth 2021-2026:

The unmanned aerial vehicle (UAV) drones market is foreseen to develop in a notable way during the outlook period. It is estimated that the target market will be growing from USD 15.74 billion in 2021 to reach around USD 49.37 billion by 2026, registering a CAGR of 17.22% over the period of 2021 to 2026. UAV Drones are drones that are able to run without human pilots on board and are a type of unmanned vehicle.

The major factors that are influencing the market, in a positive way, are the rising venture funding, growing demand for data that are drone-generated in commercial applications, and the rapidly growing technological developments.

Recent Developments:

  • BAE Systems, British multinational security, defense, and aerospace company, has announced that they have acquired the Airborne Tactical Radios business of Raytheon Technologies Corporation, to bring the industry-leading battle-tested products and capabilities into its portfolio of extensive electronic systems.
  • AeroVironment Inc., one of the major players of the Global UAV Drones Market, has won the $76 million contract that is worth one year of purchases by the U.S. Army of its aerial missile system, which is miniature in nature.

Drivers and Restraints of UAV Drones Market

The major factor that is driving the growth of the Global UAV Drones Market is their efficiency of them in capturing pictures & videos, which is enabling the usage of these drones in a more personal and commercial capacity. Moreover, changes in the government policies and the rising number of exceptions that are permitted to the companies in the commercial applications of UAV drones are further fuelling the growth of the target market over the forecast period.

However, the price of the UAV drone coupled with the lack of awareness about the technology is the restraints that are hampering the growth of the Global UAV Drones Market. In addition, factors such as the concerns regarding security & safety issues coupled with social issues like privacy & nuisance are likely to be hindering the growth of the target market over the outlook period.

Nonetheless, rapid growth in the technological advancements in UAV drones is creating opportunities for the expansion of the players in the global UAV Drones Market.

UNMANNED AERIAL VEHICLE (UAV) DRONES MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

17.22%

Segments Covered

By on the type, By on the Payload outlook, By On the Components outlook, By on the Application segmentation.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DOC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Aeroscout GmbH (Switzerland), AeroVironment, Inc. (the USA), Aidrones GmbH (Germany), Alcore Technologies (France), BAE Systems PLC (United Kingdom), Boeing Company (USA), Delta Drone (France), DJI (China), Elbit Systems Ltd. (Israel), General Atomics Aeronautical Systems, Inc. (the USA), ING Robotic Aviation (Canada), Israel Aerospace Industries (IAI) (Israel), Leonardo SpA (Italy), Lockheed Martin Corporation (USA), Nimbus Srl (Italy), Northrop Grumman Corporation (USA), Parrot SA (France), Precisionhawk Inc. (USA), SAAB AB (Sweden), Textron Inc. (USA), Thales Group (France), VTOL Technologies (United Kingdom), Xiaomi, Inc. (China), and Yuneec Asia (Hong Kong).

Market Segmentation:

UAV Drones market based on the type:

 The global UAV Drones market is segmented into Commercial Drones and Military Drones. The Commercial Drones segment is further categorized into Fixed-Wing Drones and VTOL Drones, which is further divided into Rotary Blade Drones, Nano Drones, and Hybrid Drones. And the Military Drones segment is again divided into Small Tactical Unmanned Aircraft Systems (STUAS), Medium-Altitude Long-Endurance (MALE) UAVs, and High-Altitude Long-Endurance (HALE) UAVs, and Unmanned Combat Air Systems (UCAS).

UAV Drones market based on the Payload outlook:

 the global UAV Drones market is segmented into Up to 150 kg, Up to 600 kg, and More than 600 kg.

UAV Drones market On the Components outlook:

 the global UAV Drones market is segmented into Camera, Battery, Propulsion System, Controller, Sensor, Navigation System, Range Extender, Frame, and Others.

UAV Drones market On the Application segmentation: 

the global UAV Drones market is segmented into Law Enforcement, Precision Agriculture, Media & Entertainment, Retail, Inspection & Monitoring, Surveying & Mapping, Personal, and Education, Spying, Search & Rescue Operations, Border Security, and Combat Operations.

UAV Drones Market Region-wise analysis

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global UAV Drones Market, North America accounted for the major share of the global business in the revenue aspect. The major factors that are driving the growth of the target market in this area are the high production and the rising applications of these UAV drones in the commercial sector. And the Europe Regional UAV Drones Market is accounted for as the second-largest market, in the revenue aspect. The growth of the market in Europe is attributed to the relaxation of regulations in the European locale, as the commercial UAV drones are getting used in law enforcement and the agriculture industry.

Moreover, Asia-Pacific UAV Drones Market is predicted to garner the highest growth rate over the conjecture period. The major factors that are fuelling the growth of the market are the rising number of commercial drones that are used for precision agriculture, inspection, & monitoring, and surveying applications in the area. Moreover, rising tensions in the countries that are over the South China Sea & Doklam and the increasing concerns regarding terrorism & security are estimated to drive the demand for military drones in this locale.

Key Players of UAV Drones Market

The key players of the Global UAV Drones Market include 3D Robotics, Inc. (3DR) (USA), Aeroscout GmbH (Switzerland), AeroVironment, Inc. (the USA), Aidrones GmbH (Germany), Alcore Technologies (France), BAE Systems PLC (United Kingdom), Boeing Company (USA), Delta Drone (France), DJI (China), Elbit Systems Ltd. (Israel), General Atomics Aeronautical Systems, Inc. (the USA), ING Robotic Aviation (Canada), Israel Aerospace Industries (IAI) (Israel), Leonardo SpA (Italy), Lockheed Martin Corporation (USA), Nimbus Srl (Italy), Northrop Grumman Corporation (USA), Parrot SA (France), Precisionhawk Inc. (USA), SAAB AB (Sweden), Textron Inc. (USA), Thales Group (France), VTOL Technologies (United Kingdom), Xiaomi, Inc. (China), and Yuneec Asia (Hong Kong).

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 UAV Drones Market, By Type           

                    6.1.1 Commercial Drones 

                    6.1.2 Military Drones        

                    6.1.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.4 Y-o-Y Growth Rate Analysis         

                    6.1.5 Market Attractiveness Index         

          6.2 UAV Drones Market, By Payload                 

                    6.2.1 Up to 150 kg 

                    6.2.2 Up to 600 kg 

                    6.2.3 More than 600 kg    

                    6.2.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.5 Y-o-Y Growth Rate Analysis         

                    6.2.6 Market Attractiveness Index         

          6.3 UAV Drones Market, By Component           

                    6.3.1 Camera         

                    6.3.2 Battery

                    6.3.3 Propulsion System   

                    6.3.4 Sensor 

                    6.3.5 Controller      

                    6.3.6 Navigation System   

                    6.3.7 Range Extender       

                    6.3.8 Frame 

                    6.3.9 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.10 Y-o-Y Growth Rate Analysis       

                    6.3.11 Market Attractiveness Index       

          6.4 UAV Drones Market, By Application            

                    6.4.1 Law Enforcement     

                    6.4.2 Precision Agriculture

                    6.4.3 Media & Entertainment       

                    6.4.4 Inspection & Monitoring     

                    6.4.5 Surveying & Mapping         

                    6.4.6 Spying 

                    6.4.7 Search & Rescue Operations         

                    6.4.8 Border Security        

                    6.4.9 Combat Operations  

                    6.4.10 Retail and Education         

                    6.4.11 Market Size Estimations & Forecasts (2019-2024)      

                    6.4.12 Y-o-Y Growth Rate Analysis       

                    6.4.13 Market Attractiveness Index       

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Type         

                    7.2.3 By Payload     

                    7.2.4 By Component         

                    7.2.5 By Application

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Type         

                    7.3.3 By Payload     

                    7.3.4 By Component         

                    7.3.5 By Application

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Type         

                    7.4.3 By Payload     

                    7.4.4 By Component         

                    7.4.5 By Application

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Type         

                    7.5.3 By Payload     

                    7.5.4 By Component         

                    7.5.5 By Application

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Type         

                    7.6.3 By Payload     

                    7.6.4 By Component         

                    7.6.5 By Application

8. Key Player Analysis                           

          8.1 3D Robotics, Inc                   

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Aeroscout GmbH                  

          8.3 BAE Systems PLC                  

          8.4 Boeing Company                   

          8.5 Elbit Systems Ltd                  

          8.6 Israel Aerospace Industries (IAI)                 

          8.7 Lockheed Martin Corporation           

          8.8 Northrop Grumman Corporation                

          8.9 Textron Inc                

          8.10 Thales Group            

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Global UAV Drones Market By Region, From 2021-2026 ( USD Billion )

Global UAV Drones Market By Type, From 2021-2026 ( USD Billion )

Global Commercial Drones Market By Region, From 2021-2026 ( USD Billion )

Global Military Drones Market By Region, From 2021-2026 ( USD Billion )

Global UAV Drones Market By Payload, From 2021-2026 ( USD Billion )

Global Up to 150 kg Market By Region, From 2021-2026 ( USD Billion )

Global Up to 600 kg Market By Region, From 2021-2026 ( USD Billion )

Global More than 600 kg Market By Region, From 2021-2026 ( USD Billion )

Global UAV Drones Market By Component, From 2021-2026 ( USD Billion )

Global Camera Market By Region, From 2021-2026 ( USD Billion )

Global Battery Market By Region, From 2021-2026 ( USD Billion )

Global Propulsion System Market By Region, From 2021-2026 ( USD Billion )

Global Sensor Market By Region, From 2021-2026 ( USD Billion )

Global Controller Market By Region, From 2021-2026 ( USD Billion )

Global Navigation System Market By Region, From 2021-2026 ( USD Billion )

Global Range Extender Market By Region, From 2021-2026 ( USD Billion )

Global Frame Market By Region, From 2021-2026 ( USD Billion )

Global UAV Drones Market By Application, From 2021-2026 ( USD Billion )

Global Law Enforcement Market By Region, From 2021-2026 ( USD Billion )

Global Precision Agriculture Market By Region, From 2021-2026 ( USD Billion )

Global Media & Entertainment Market By Region, From 2021-2026 ( USD Billion )

Global Inspection & Monitoring Market By Region, From 2021-2026 ( USD Billion )

Global Surveying & Mapping Market By Region, From 2021-2026 ( USD Billion )

Global Spying Market By Region, From 2021-2026 ( USD Billion )

Global Search & Rescue Operations Market By Region, From 2021-2026 ( USD Billion )

Global Border Security Market By Region, From 2021-2026 ( USD Billion )

Global Combat Operations Market By Region, From 2021-2026 ( USD Billion )

Global Retail and Education Market By Region, From 2021-2026 ( USD Billion )

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