
Military Unmanned Aerial Vehicle (UAV) Market Size, Share, and Analysis, By Type (Fixed Wing, Rotary Wing, Hybrid), By Range (Visual Line of Sight, Extended Visual Line of Sight, Beyond Line of Sight), By Technology (Remotely Operated, Semi-Autonomous, Au
Description
Military Unmanned Aerial Vehicle (UAV) Market Size, Share, and Analysis, By Type (Fixed Wing, Rotary Wing, Hybrid), By Range (Visual Line of Sight, Extended Visual Line of Sight, Beyond Line of Sight), By Technology (Remotely Operated, Semi-Autonomous, Autonomous), By Application (Intelligence, Surveillance, Reconnaissance, and Target Acquisition, Combat Operations, Delivery and Transportation, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Military Unmanned Aerial Vehicle (UAV) Market size was USD 10.33 billion in 2021 and is projected to grow from USD 12.2 billion in 2023 to USD 26.2 billion by 2032, exhibiting a CAGR of 8.9% during the forecast period.
Military UAVs (Unmanned Aerial Vehicles) are aircraft operated by remote control, anonymously, or both. They are equipped with a variety of sensors, electronic transmitters and receivers, and offensive weapons. UAVs, often known as drones, are predominantly used by the global military industry at present. UAVs offer a quick and effective means to monitor hazards, respond to them, and acquire intelligence.
MARKET HIGHLIGHTS
Military Unmanned Aerial Vehicle (UAV) Market is expected to reach USD 26.2 billion, growing at a CAGR of 8.9% during the forecast period owing to the increasing use of Unmanned Aerial Vehicles (UAVs) in the security and defense industry for multiple applications. Global market growth is anticipated to be supported by the increase in defense spending by various governments to purchase modernized & technologically sophisticated military drones/UAVs for increased combat capability.
Military Unmanned Aerial Vehicle (UAV) Market Segments:
Type
Fixed Wing
Rotary Wing
Hybrid
Range
Visual Line of Sight
Extended Visual Line of Sight
Beyond Line of Sight
Technology
Remotely Operated
Semi-Autonomous
Autonomous
Application
Intelligence, Surveillance, Reconnaissance, and Target Acquisition
Combat Operations
Delivery and Transportation
Others
MARKET DYNAMICS
Growth Drivers
Integration of Advanced Technologies for better Observation is Expected to Boost the Market Growth
Growing Border Disputes between Nations is Expected to Boost the Market Growth
Restraint
Significantly Priced UAVs and High Maintenance Cost to Restrain the Market Growth
Key Players
The Boeing Company
Northrop Grumman Corporation
BAE Systems
Thales Group
Saab AB
Elbit Systems Ltd.
Israel Aerospace Industries
Anduril Industries Inc.
AeroVironment Inc.
Aeronautics Group
Asteria Aerospace Limited
Shield AI Inc.
Animal Dynamics Ltd
Aeryon Labs Inc
Teal Drones Inc.
Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
3-month post-sales analyst support.
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Table of Contents
340 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Military Unmanned Aerial Vehicle (UAV) Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2. Military Unmanned Aerial Vehicle (UAV) Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Military Unmanned Aerial Vehicle (UAV) Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8. Market Analysis
- 8.1. Porters Five Forces
- 8.2. PEST Analysis
- 8.2.1. Political
- 8.2.2. Economic
- 8.2.3. Social
- 8.2.4. Technological
- 9. Military Unmanned Aerial Vehicle (UAV) Market
- 9.1. Overview
- 9.2. Historical Analysis (2016-2021)
- 9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 10. Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 10.1. Overview
- 10.2. Key Findings
- 10.3. Market Segmentation
- 10.3.1. By Type
- 10.3.1.1. Fixed Wing
- 10.3.1.1.1. By Value (USD Million) 2022-2032F
- 10.3.1.1.2. Market Share (%) 2022-2032F
- 10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.1.2. Rotary Wing
- 10.3.1.2.1. By Value (USD Million) 2022-2032F
- 10.3.1.2.2. Market Share (%) 2022-2032F
- 10.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.1.3. Hybrid
- 10.3.1.3.1. By Value (USD Million) 2022-2032F
- 10.3.1.3.2. Market Share (%) 2022-2032F
- 10.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.2. By Range
- 10.3.2.1. Visual Line of Sight
- 10.3.2.1.1. By Value (USD Million) 2022-2032F
- 10.3.2.1.2. Market Share (%) 2022-2032F
- 10.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.2.2. Extended Visual Line of Sight
- 10.3.2.2.1. By Value (USD Million) 2022-2032F
- 10.3.2.2.2. Market Share (%) 2022-2032F
- 10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.2.3. Beyond Line of Sight
- 10.3.2.3.1. By Value (USD Million) 2022-2032F
- 10.3.2.3.2. Market Share (%) 2022-2032F
- 10.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.3. By Technology
- 10.3.3.1. Remotely Operated
- 10.3.3.1.1. By Value (USD Million) 2022-2032F
- 10.3.3.1.2. Market Share (%) 2022-2032F
- 10.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.3.2. Semi-Autonomous
- 10.3.3.2.1. By Value (USD Million) 2022-2032F
- 10.3.3.2.2. Market Share (%) 2022-2032F
- 10.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.3.3. Autonomous
- 10.3.3.3.1. By Value (USD Million) 2022-2032F
- 10.3.3.3.2. Market Share (%) 2022-2032F
- 10.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.4. By Application
- 10.3.4.1. Intelligence, Surveillance, Reconnaissance, and Target Acquisition
- 10.3.4.1.1. By Value (USD Million) 2022-2032F
- 10.3.4.1.2. Market Share (%) 2022-2032F
- 10.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.4.2. Combat Operations
- 10.3.4.2.1. By Value (USD Million) 2022-2032F
- 10.3.4.2.2. Market Share (%) 2022-2032F
- 10.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.4.3. Delivery and Transportation
- 10.3.4.3.1. By Value (USD Million) 2022-2032F
- 10.3.4.3.2. Market Share (%) 2022-2032F
- 10.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
- 10.3.4.4. Others
- 10.3.4.4.1. By Value (USD Million) 2022-2032F
- 10.3.4.4.2. Market Share (%) 2022-2032F
- 10.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
- 11. North America Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.2. By Range
- 11.3.3. By Technology
- 11.3.4. By Application
- 11.4. Country
- 11.4.1. United States
- 11.4.2. Canada
- 12. Europe Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Range
- 12.3.3. By Technology
- 12.3.4. By Application
- 12.4. Country
- 12.4.1. Germany
- 12.4.2. United Kingdom
- 12.4.3. France
- 12.4.4. Italy
- 12.4.5. Spain
- 12.4.6. Russia
- 12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 13. Asia Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Range
- 13.3.3. By Technology
- 13.3.4. By Application
- 13.4. Country
- 13.4.1. India
- 13.4.2. China
- 13.4.3. South Korea
- 13.4.4. Japan
- 13.4.5. Rest of APAC
- 14. Middle East and Africa Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Range
- 14.3.3. By Technology
- 14.3.4. By Application
- 14.4. Country
- 14.4.1. Israel
- 14.4.2. GCC
- 14.4.3. North Africa
- 14.4.4. South Africa
- 14.4.5. Rest of Middle East and Africa
- 15. Latin America Military Unmanned Aerial Vehicle (UAV) Market Size & Forecast 2022A-2032F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Range
- 15.3.3. By Technology
- 15.3.4. By Application
- 15.4. Country
- 15.4.1. Mexico
- 15.4.2. Brazil
- 15.4.3. Rest of Latin America
- 16. Competitive Landscape
- 16.1. Company market share, 2021
- 16.2. Key player overview
- 16.3. Key stakeholders
- 17. Company Profiles
- 17.1. The Boeing Company
- 17.1.1. Company Overview
- 17.1.2. Financial Overview
- 17.1.3. Key Product; Analysis
- 17.1.4. Company Assessment
- 17.1.4.1. Product Portfolio
- 17.1.4.2. Key Clients
- 17.1.4.3. Market Share
- 17.1.4.4. Recent News & Development (Last 3 Yrs.)
- 17.1.4.5. Executive Team
- 17.2. Northrop Grumman Corporation
- 17.3. BAE Types
- 17.4. Thales Group
- 17.5. Saab AB
- 17.6. Elbit Types Ltd.
- 17.7. Israel Aerospace Industries
- 17.8. Anduril Industries Inc.
- 17.9. AeroVironment Inc.
- 17.10. Aeronautics Group
- 17.11. Asteria Aerospace Limited
- 17.12. Shield AI Inc.
- 17.13. Animal Dynamics Ltd
- 17.14. Aeryon Labs Inc
- 17.15. Teal Drones Inc.
- 17.16. Other Prominent Players
- 18. Appendix
- 19. Consultant Recommendation
Pricing
Currency Rates
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