The Unmanned Aerial Vehicle (UAV) Market, commonly known as the drone market, is projected to reach USD 75.65 billion by 2033. The market, which was valued at USD 25.74 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 11.65% from 2023 to 2033. This sector encompasses the design, development, production, and sale of UAVs—aircraft systems that operate without a human pilot onboard. These UAVs are either remotely controlled or autonomously guided by onboard computers, reflecting the rapid advancements and increasing applications in this dynamic industry.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Mode of Operation (Remotely Piloted, Optionally Piloted, and Fully Autonomous)
By Size (Small, Medium and Large)
By Application (Commercial, Defense and Civil)
By Type (Fixed Wing and Rotor Wing)
Key players
General Atomics
AeroVironment
Northrop Grumman Corporation
Elbit Systems Ltd
Israel Aerospace Industries
Microdrones GmbH
Lockheed Martin Corporation
Parrot S.A
The Boeing Company
Raytheon Company
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Mode Of Operation Segement – Market Opportunity Score
- 4.1.2. Application Segment – Market Opportunity Score
- 4.1.3. Size Segment – Market Opportunity Score
- 4.1.4. Type Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Raw Material
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Unmanned Aerial Vehicle Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Unmanned Aerial Vehicle Market, By Mode Of Operation
- 7.1. Introduction
- 7.1.1. Remotely Piloted
- 7.1.2 Optionally Piloted
- 7.1.3. Fully Autonomous
- CHAPTER 8. Unmanned Aerial Vehicle Market, By Application
- 8.1. Introduction
- 8.1.1. Commercial
- 8.1.2. Defense
- 8.1.3. Civil
- CHAPTER 9. Unmanned Aerial Vehicle Market, By Size
- 9.1. Introduction
- 9.1.1. Small
- 9.1.2. Medium
- 9.1.3 Large
- CHAPTER 10. Unmanned Aerial Vehicle Market, By Type
- 10.1.Introduction
- 10.1.1. Fixed Wing
- 10.1.2. Rotor Wing
- CHAPTER 11. Unmanned Aerial Vehicle Market, By Region
- 11.1. Introduction
- 11.2. NORTH AMERICA
- 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.2.2. North America: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.2.3. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.4. North America: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.2.5. North America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.2.6. US
- 11.2.6.1. US: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.2.6.2. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.6.3. US: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.2.6.4. US: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.2.7. CANADA
- 11.2.7.1. Canada: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.2.7.2. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.7.3. Canada: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.2.7.4. Canada: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.2.8. MEXICO
- 11.2.8.1. Mexico: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.2.8.2. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.8.3. Mexico: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.2.8.4. Mexico: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3. Europe
- 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.3.2. Europe: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.3. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.4. Europe: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.5. Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.6. U.K.
- 11.3.6.1. U.K.: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.6.2. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.6.3. U.K.: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.6.4. U.K.: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.7. GERMANY
- 11.3.7.1. Germany: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.7.2. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.7.3. Germany: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.7.4. Germany: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.8. FRANCE
- 11.3.8.1. France: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.8.2. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.8.3. France: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.8.4. France: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.9. ITALY
- 11.3.9.1. Italy: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.9.2. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.9.3. Italy: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.9.4. Italy: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.10. SPAIN
- 11.3.10.1. Spain: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.10.2. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.10.3. Spain: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.10.4. Spain: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.11. BENELUX
- 11.3.11.1. BeNeLux: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.11.2. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.11.3. BeNeLux: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.11.4. BeNeLux: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.12. RUSSIA
- 11.3.12.1. Russia: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.12.2. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.12.3. Russia: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.12.4. Russia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.3.13. REST OF EUROPE
- 11.3.13.1. Rest of Europe: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.3.13.2. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.13.3. Rest of Europe: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.3.13.4. Rest of Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4. Asia Pacific
- 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.4.2. Asia Pacific: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.3. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.4. Asia Pacific: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.5. Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.6. CHINA
- 11.4.6.1. China: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.6.2. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.6.3. China: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.6.4. China: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.7. JAPAN
- 11.4.7.1. Japan: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.7.2. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.7.3. Japan: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.7.4. Japan: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.8. INDIA
- 11.4.8.1. India: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.8.2. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.8.3. India: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.8.4. India: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.9. SOUTH KOREA
- 11.4.9.1. South Korea: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.9.2. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.9.3. South Korea: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.9.4. South Korea: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.10. THAILAND
- 11.4.10.1. Thailand: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.10.2. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.10.3. Thailand: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.10.4. Thailand: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.11. INDONESIA
- 11.4.11.1. Indonesia: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.11.2. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.11.3. Indonesia: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.11.4. Indonesia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.12. MALAYSIA
- 11.4.12.1. Malaysia: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.12.2. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.12.3. Malaysia: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.12.4. Malaysia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.13. AUSTRALIA
- 11.4.13.1. Australia: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.13.2. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.13.3. Australia: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.13.4. Australia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.4.14. REST FO ASIA PACIFIC
- 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.5. South America
- 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.5.2. South America: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.5.3. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.4. South America: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.5.5. South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.5.6. BRAZIL
- 11.5.6.1. Brazil: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.5.6.2. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.6.3. Brazil: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.5.6.4. Brazil: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.5.7. ARGENTINA
- 11.5.7.1. Argentina: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.5.7.2. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.7.3. Argentina: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.5.7.4. Argentina: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.5.8. REST OF SOUTH AMERICA
- 11.5.8.1. Rest of South America: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.5.8.2. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.8.3. Rest of South America: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.5.8.4. Rest of South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6. Middle East & Africa
- 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.6.2. Middle East & Africa: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.3. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.4. Middle East & Africa: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.5. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.6. SAUDI ARABIA
- 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.6.4. Saudi Arabia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.7. UAE
- 11.6.7.1. UAE: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.7.2. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.7.3. UAE: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.7.4. UAE: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.8. EGYPT
- 11.6.8.1. Egypt: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.8.2. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.8.3. Egypt: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.8.4. Egypt: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.9. SOUTH AFRICA
- 11.6.9.1. South Africa: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.9.2. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.9.3. South Africa: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.9.4. South Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.10. REST OF MIDDLE EAST & AFRICA
- 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Mode Of Operation, 2023 – 2033 ($ Million)
- 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Size, 2023 – 2033 ($ Million)
- 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. General Atomics
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. AeroVironment
- 13.3. Northrop Grumman Corporation
- 13.4. Elbit Systems Ltd
- 13.5. Israel Aerospace Industries
- 13.6. Microdrones GmbH
- 13.7. Lockheed Martin Corporation
- 13.8. Parrot S.A
- 13.9. The Boeing Company
- 13.10. Raytheon Company
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